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Nonprofit · EIN 47-4530120

PARNASSUS SOCIETY

Tax-exempt · IRVINE, CA 92618

Financials

$133K$129K2023$87K$107K2024$236K$138K2025
Revenue Expenses · by fiscal year end
Financials of PARNASSUS SOCIETY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$235,791$138,483$97,308$198,409$0$198,409
December 31, 2024990-EZ$87,217$107,497-$20,280$101,101$0$101,101
December 31, 2023990-EZ$133,378$128,684$4,694$121,381$0$121,381
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$202,478
Program service revenue
$33,313
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,646
Travel
$501
Program services (functional)
$136,807
Management and general (functional)
$1,676

Balance sheet and other

Total assets, start of year
$101,101
Total assets, end of year
$198,409
Total liabilities, end of year
$0
Net assets, end of year
$198,409
Gross receipts
$235,791
Employees
0
Volunteers
0
Year formed
2015
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KENNETH M TOKITA MDDIRECTOR/CEO
Trustee or director, Officer
4$0
SANDY TOKITADIRECTOR
Trustee or director
4$0
KARL TOKITADIRECTOR/CFO/SECRETARY
Trustee or director, Officer
4$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
KENNETH M TOKITA MDDIRECTOR AND CEO4$0
SANDY TOKITADIRECTOR4$0
KARL TOKITADIRECTOR, SECRETARY AND CFO4$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
KENNETH M TOKITA MDDIRECTOR AND CEO4$0
MRS TOKITADIRECTOR4$0
KARL TOKITADIRECTOR, SECRETARY AND CFO4$0

Address and contacts

Address (IRS master file)
16100 SAND CANYON AVE STE 130, IRVINE, CA 92618-3722
In care of
% KENNETH TOKITA MD
Principal officer (990 for 2025)
KENNETH TOKITA MD, 16100 SAND CANYON AVE STE 130, IRVINE, CA 92618
Signed the 990
KENNETH TOKITA MD, DIRECTOR/CEO
Phone
(949) 951-3530
Return prepared by
THE LAW OFFICE OF CHRISTOPHER K POLING

California records

California keeps its own records of charities and corporations. Search them by EIN 47-4530120 or by the name PARNASSUS SOCIETY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

NURTURE THE DEVELOPMENT AND PROFESSIONAL CAREERS OF PROMISING YOUNG ARTISTS AND MUSICIANS.

990 for the year ended December 31, 2025

Program accomplishments

  • SOKA UNIVERSITY MUSICAL PERFORMANCE EXPENSES.
    Expenses $136,807 · revenue $33,313

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
47-4530120
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$198,409
Income (IRS master file)
$235,791

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$235,791$138,483$198,409XML
990-EZDecember 2024$87,217$107,497$101,101IRS
990-EZDecember 2023$133,378$128,684$121,381XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4530120).

Questions about PARNASSUS SOCIETY

What is the EIN of PARNASSUS SOCIETY?
The employer identification number (EIN) of PARNASSUS SOCIETY is 47-4530120.
Is PARNASSUS SOCIETY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to PARNASSUS SOCIETY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PARNASSUS SOCIETY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PARNASSUS SOCIETY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PARNASSUS SOCIETY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PARNASSUS SOCIETY?
The 990 for the year ended December 31, 2025 names KENNETH TOKITA MD.
Who are the officers and directors of PARNASSUS SOCIETY?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PARNASSUS SOCIETY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $235,791, expenses of $138,483 and total assets of $198,409 at year end.

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