Kona Historical Society

Analysis

Kona Historical Society is a registered charity in United States, based in Captain Cook, HI. It received its IRS tax-exemption ruling in June 2019, 7 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, Kona Historical Society reported income of $356k and spending of $370k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $465k to $356k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kona Historical Society sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within HI. Charities of a similar size with the same main cause include Oye Group Inc ($356k), Historic Fort Wayne Inc ($356k) and Your Theatre Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $72k (20% of expenses). Other salaries and wages came to $143k. At year end it held assets of $1.6m against liabilities of $244k, net assets of $1.3m. It reported 15 employees.