Awaiaulu Inc

Analysis

Awaiaulu Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Awaiaulu Inc reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $710k to $1.3m (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 153%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Awaiaulu Inc 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 82nd percentile, and in the 82nd percentile within HI. Charities of a similar size with the same main cause include Schiele Museum of Natural History and Planetarium Inc ($1.3m), Protein Society ($1.3m) and Indigo Arts Alliance ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $121k (9.6% of expenses). Other salaries and wages came to $260k. At year end it held assets of $547k against liabilities of $7,770, net assets of $540k. It reported 7 employees.