Kapena School of Music and Creative Expression

Analysis

Kapena School of Music and Creative Expression is a registered charity in United States, based in Kaneohe, HI. It received its IRS tax-exemption ruling in February 2021, 5 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kapena School of Music and Creative Expression reported income of $291k and spending of $284k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $235k to $291k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kapena School of Music and Creative Expression sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within HI. Charities of a similar size with the same main cause include The Glenwood Springs Historical Society Inc ($291k), Notomne Cultural Preservation ($291k) and Network Time Foundation Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19k against liabilities of $6,340, net assets of $13k.