Makauila
Analysis
Makauila is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 2011, 15 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, Makauila reported income of $1.6m and spending of $1.3m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $675k to $1.6m (+136%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 89% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Makauila sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within HI. Charities of a similar size with the same main cause include Creative Waco ($1.6m), The Bakken ($1.6m) and American Values ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $80k (6.1% of expenses). At year end it held assets of $778k against liabilities of $182k, net assets of $596k.
Income and spending
Where the income comes from
- Contributions & grants 2.5%
- Program services 97%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creative Waco | Waco | $1.6m |
| The Bakken | Minneapolis | $1.6m |
| American Values | Arlington | $1.6m |
| Vibration Institute | Naperville | $1.6m |