Haleiwa Arts Festival

Analysis

Haleiwa Arts Festival is a registered charity in United States, based in Haleiwa, HI. It received its IRS tax-exemption ruling in January 2023, 3 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, Haleiwa Arts Festival reported income of $112k and spending of $109k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $114k to $112k (-2.3%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 203%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Haleiwa Arts Festival sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within HI. Charities of a similar size with the same main cause include Bronzeville Childrens Museum ($112k), Suwanee Performing Arts Inc ($112k) and Bernardston-Northfield Community Television Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 78% of the total. At year end it held assets of $4,919 against liabilities of $27k, net assets of -$22k.