Pacific Tsunami Museum Inc

Analysis

Pacific Tsunami Museum Inc is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in January 1995, 31 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, Pacific Tsunami Museum Inc reported income of $204k and spending of $149k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $222k to $204k (-7.8%), an average of -2.7% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific Tsunami Museum Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within HI. Charities of a similar size with the same main cause include Schola Cantorum Inc ($204k), T R C Hall of Fame & Associates Inc ($204k) and Instruments 4 Africa ($204k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $39k (26% of expenses). At year end it held assets of $426k against liabilities of $142k, net assets of $284k. It reported 12 employees.