Arizona Aloha Festivals Inc

Analysis

Arizona Aloha Festivals Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in November 1998, 28 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 May 2024, Arizona Aloha Festivals Inc reported income of $248k and spending of $222k, spending 89% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $211k to $248k (+17%), an average of +8.3% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arizona Aloha Festivals Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within AZ. Charities of a similar size with the same main cause include McGroarty Arts Center ($248k), Community Spirit Inc ($248k) and Blue Mound Area Theatre ($248k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 4.2% and program service revenue 93% of the total. At year end it held assets of $247k against liabilities of $3,000, net assets of $244k.