Kona Dance and Peforming Arts Inc

Analysis

Kona Dance and Peforming Arts Inc is a registered charity in United States, based in Kealakekua, HI. It received its IRS tax-exemption ruling in September 2017, 9 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 2022, Kona Dance and Peforming Arts Inc reported income of $116k and spending of $116k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $237k to $116k (-51%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kona Dance and Peforming Arts Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within HI. Charities of a similar size with the same main cause include Freehorse Arts ($116k), Shakespeare Behind Bars Inc ($116k) and Core Dance Company ($116k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 44% and program service revenue 39% of the total. At year end it held assets of $13k against liabilities of $105k, net assets of -$92k.