Hawaii Public Television Foundation

Analysis

Hawaii Public Television Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 2000, 26 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, Hawaii Public Television Foundation reported income of $10.1m and spending of $8.5m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $10.1m (+14%), an average of +3.4% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hawaii Public Television Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within HI. Charities of a similar size with the same main cause include Dallas Theater Center ($10.1m), Holocaust Memorial Center ($10.1m) and Walnut Street Theatre Corp ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $440k (5.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $50.9m against liabilities of $874k, net assets of $50.0m. It reported 50 employees.