Historic Hawaii Foundation

Analysis

Historic Hawaii Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 1975, 51 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Historic Hawaii Foundation reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Hawaii Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within HI. Charities of a similar size with the same main cause include Bruce Wood Dance Co Inc ($1.2m), Peoria Symphony Orchestra ($1.2m) and Shelby American Collection ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $133k (10% of expenses). Other salaries and wages came to $207k. At year end it held assets of $2.6m against liabilities of $69k, net assets of $2.6m. It reported 4 employees.