Hawaii Alliance for Arts Education

Analysis

Hawaii Alliance for Arts Education is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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 June 2023, Hawaii Alliance for Arts Education reported income of $60k and spending of $162k, spending 270% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $60k (-95%), an average of -52% a year. The sharpest change came in the year to June 2023, when income dropped by 75%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hawaii Alliance for Arts Education sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within HI. Charities of a similar size with the same main cause include Kern Valley Hospital Foundation ($60k), Saving Grace Ministries ($60k) and PTA California Congress of Parents Teachers & Students Inc ($60k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (40% of expenses). Other salaries and wages came to $14k. At year end it held assets of $172k against liabilities of $46k, net assets of $126k. It reported 2 employees.