Molokai Arts Center Inc
- Assets
- $36.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kualapuu, HI
- Founding
- 12/2010
- Data as of
- 12/2022
- EIN
- 27-3170573
Organization Overview
Molokai Arts Center Inc is located in Kualapuu, HI. The organization was established in 2010. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Molokai Arts Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Molokai Arts Center Inc generated $133.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $151.4k during the year ending 12/2022. While expenses have increased by 10.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iolani Kuoha President | 5 | $0 | |
Elizabeth Johnson Vice Preside | 3 | $0 | |
Paula Scott Secretary | 5 | $0 | |
Daniel Bennett Treasurer | 10 | $0 | |
Judy Mertens Director | 3 | $0 | |
Kalae Tangonan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,996 |
| Total Program Service Revenue | $14,286 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,468 |
| Other Revenue | $0 |
| Total Revenue | $133,218 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,073 |
| Professional fees and other payments to independent contractors | $20,860 |
| Occupancy, rent, utilities, and maintenance | $22,834 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,497 |
| Total expenses | $151,387 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,930 |
| Other assets | $0 |
| Total assets | $36,893 |
| Total liabilities | $8,490 |
| Net assets or fund balances | $28,403 |