Polynesian Cultural Center

Analysis

Polynesian Cultural Center is a registered charity in United States, based in Laie, HI. It received its IRS tax-exemption ruling in July 1941, 85 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Polynesian Cultural Center reported income of $58.2m and spending of $65.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $60.2m to $58.2m (-3.2%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 189%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Polynesian Cultural Center sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within HI. Charities of a similar size with the same main cause include Pro Publica Inc ($58.0m), Human Resources Research Organization ($59.6m) and Twin Cities Public Television Inc ($57.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 107% of the total. Compensation of current officers, directors and key employees was $1.7m (2.7% of expenses). Other salaries and wages came to $27.8m. At year end it held assets of $114.9m against liabilities of $14.0m, net assets of $100.9m. It reported 608 employees.