Arts & Sciences Center
Analysis
Arts & Sciences Center is a registered charity in United States, based in Pahoa, HI. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Arts & Sciences Center reported income of $450k and spending of $288k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $252k to $450k (+78%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 63% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Arts & Sciences Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within HI. Charities of a similar size with the same main cause include The Charlemagne Institute ($450k), Upward Project ($450k) and First United Methodist Churchpreschool ($450k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $4,388 (1.5% of expenses). Other salaries and wages came to $21k. At year end it held assets of $2.0m against liabilities of $717k, net assets of $1.3m.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 1.1%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Charlemagne Institute | Frankfort | $450k |
| Upward Project | Dorchestr Ctr | $450k |
| First United Methodist Churchpreschool | Honolulu | $450k |
| 826 MSP | Minneapolis | $450k |