Honolulu Chamber Music Series

Analysis

Honolulu Chamber Music Series is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Honolulu Chamber Music Series reported income of $66k and spending of $71k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $116k to $66k (-43%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 66%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Honolulu Chamber Music Series sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within HI. Charities of a similar size with the same main cause include National Society of the Daughters of the American Revolution ($66k), Sparkle on Stage Inc ($66k) and International Dance Arts Collective ($66k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 52% of the total. At year end it held assets of $296k against liabilities of $0, net assets of $296k.