Lanai Culture & Heritage Center

Analysis

Lanai Culture & Heritage Center is a registered charity in United States, based in Lanai City, HI. It received its IRS tax-exemption ruling in July 2007, 19 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, Lanai Culture & Heritage Center reported income of $627k and spending of $311k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $627k (+238%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lanai Culture & Heritage Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within HI. Charities of a similar size with the same main cause include Liberty Center Association for the Arts ($627k), Blue Barn Theatre ($627k) and Steamship Historical Society of America Inc ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 7.1% of the total. Other salaries and wages came to $20k. At year end it held assets of $947k against liabilities of -$1,880, net assets of $949k. It reported 3 employees.