Chamber Music Hawaii

Analysis

Chamber Music Hawaii is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 1984, 42 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, Chamber Music Hawaii reported income of $263k and spending of $340k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $317k to $263k (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Music Hawaii sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within HI. Charities of a similar size with the same main cause include Cedarburg Performing Arts Center Inc ($263k), Theatrezone Inc ($263k) and Habitot Childrens Museum ($263k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 22% of the total. At year end it held assets of $1.2m against liabilities of $2,876, net assets of $1.2m.