Financial Report

Financial Report

Fiscal year 2: 1 August 2025 – 31 July 2026

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Fiscal year 2: 1 August 2025 – 31 July 2026

Highlights of the Statement of Activities (income and expenses for the year) and the Balance Sheet (assets and liabilities at year end). All amounts are in Japanese yen (JPY).

Total income (for the year)2,949,317 JPY
Total expenses (for the year)1,639,586 JPY
Net change in net assets1,309,731 JPY
Total assets (as of 31 Jul 2026)1,347,351 JPY

Statement of Activities　Income and expenses for the year

Income breakdown

Total income2,949,317 JPY
  • Program revenue (tuition etc.)1,525,748 JPY51.7%
  • Grants1,130,000 JPY38.3%
  • Other income293,569 JPY10.0%

No membership fees or donations were received in fiscal year 2. The grant is a subsidy from the Kita City Cultural Promotion Foundation.

Expense breakdown

Total expenses1,639,586 JPY
  • Outsourced services992,599 JPY60.5%
  • Officer compensation257,906 JPY15.7%
  • Supplies148,632 JPY9.1%
  • Insurance115,238 JPY7.0%
  • Other (printing, fees, etc.)125,211 JPY7.6%

Program costs and administrative costs

  • Program costs (spent directly on activities)1,089,920 JPY66.5%
  • Administrative costs (running the organization)549,666 JPY33.5%

Balance Sheet　Financial position as of 31 July 2026

Assets (what we hold)　Total 1,347,351 JPY

  • Cash and deposits1,323,034 JPY
  • Advance payments24,317 JPY

Liabilities and net assets (where the funds come from)　Total 1,347,351 JPY

  • Liabilities (accounts payable)37,620 JPY
  • Net assets: restricted to a purpose1,130,000 JPY
  • Net assets: unrestricted179,731 JPY

Of the 1,309,731 JPY in net assets, 1,130,000 JPY is grant money earmarked for the Kita Theater Lab showcases in September 2026 and March 2027 (Note 4). Unrestricted net assets are 179,731 JPY.

View the table (Statement of Activities, excerpt)

(Unit: JPY)

Income
Grants1,130,000
Program revenue (tuition etc.)1,525,748
Other income (interest, miscellaneous)293,569
Membership fees and donations0
Total income2,949,317
Expenses
Program costs1,089,920
Administrative costs549,666
Total expenses1,639,586
Net change in net assets1,309,731
Fiscal year 2 report (PDF, Japanese)

The PDF contains the business report, statement of activities, balance sheet, notes, and inventory of assets (10 pages). The fiscal year 1 report is listed under Past reports.