Matsuri Foundation U S is a 501(c)(3) organization based in Bellevue, Washington, registered in 2002, with $588,343 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$588K
▲ 477.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$1.5M
Net assets
$12.6M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Matsuri Foundation U S— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Matsuri Foundation U S: 99 mo reserves · -159% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Matsuri Foundation U S— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Matsuri Foundation U S: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $22K (FY2013) to $588K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-158.9%
Spent more than it raised in the latest fiscal year.
Total assets
$12.6M
Total liabilities
$0
Net assets
$12.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $588,343▲477% | $1,522,967▲240% | $12,614,013▼10.5% | $12,614,013▼10.5% | 990 |
| 2022 | $101,941▼99.2% | $448,478▲4.1% | $14,087,086▼2.4% | $14,087,086▼2.4% | 990 |
| 2021 | $13,213,903▲33220% | $430,896▲2622% | $14,433,623▲724% | $14,433,623▲724% | 990 |
| 2020 | $39,657▼92.3% | $15,830▼32.1% | $1,752,434▲0.7% | $1,752,434▲0.7% | 990 |
| 2019 | $517,688▲221% | $23,328▼79.8% | $1,739,704▲5.6% | $1,739,704▲5.6% | 990 |
| 2018 | $161,243▲69.5% | $115,421▲52.2% | $1,647,269▼1.6% | $1,647,269▼2.5% | 990 |
| 2017 | $95,126▲567% | $75,855▲25.4% | $1,674,769▲12.6% | $1,689,769▲13.6% | 990 |
| 2016 | $14,259▼90.5% | $60,495▲140% | $1,487,260▲6.4% | $1,487,260▲6.4% | 990 |
| 2015 | $150,594▲1197% | $25,160▼7.5% | $1,398,039▲3.7% | $1,398,039▲3.7% | 990 |
| 2014 | $11,613▼48.0% | $27,197▼22.6% | $1,347,764▲9.1% | $1,347,764▲9.1% | 990 |
| 2013 | $22,332 | $35,150▼36.9% | $1,235,402▲27.0% | $1,235,402▲27.0% | 990 |
| 2012 | — | $55,672 | $972,384 | $972,384 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Matsuri Foundation U S (EIN 91-1988292) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.