Japanese Cultural Center of Hawaii

Analysis

Japanese Cultural Center of Hawaii is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in July 1992, 34 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 June 2023, Japanese Cultural Center of Hawaii reported income of $627k and spending of $806k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $627k (-65%), an average of -23% a year. The sharpest change came in the year to June 2022, when income rose by 227%. 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, Japanese Cultural Center of Hawaii sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within HI. Charities of a similar size with the same main cause include Cottage Theatre ($627k), International Arts Relations Inc ($627k) and Museum of East Texas ($627k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 191% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $126k (16% of expenses). Other salaries and wages came to $303k. At year end it held assets of $14.4m against liabilities of $949k, net assets of $13.5m. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.