Polynesian Voyaging Society
- Assets
- $2.5m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 11
- Location
- Honolulu, HI
- Founding
- 02/1974
- Data as of
- 12/2023
- EIN
- 23-7302232
Organization Overview
Polynesian Voyaging Society is located in Honolulu, HI. The organization was established in 1974. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Polynesian Voyaging Society employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polynesian Voyaging Society 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 12/2023, Polynesian Voyaging Society generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE POLYNESIAN VOYAGING SOCIETY HAS LAUNCHED (THROUGH THE RENOVATION OF OUR VOYAGING CANOE, HOKULE'A) SAIL PLANS FOR HAWAI'I-WIDE EDUCATIONAL PROGRAMS/VOYAGES AND A SAIL PLAN FOR A WORLDWIDE VOYAGE. THE PURPOSE OF THE WORLDWIDE VOYAGE IS TO BECOME A CATALYST FOR POSITIVE CHANGE IN HAWAI'I BY CONSTANTLY LEARNING FROM AND NUTURING RELATIONSHIPS WORLDWIDE THAT SHARE THE VALUES AND RESPONSIBILITY OF CARING FOR ISLAND EARTH, HER OCEANS AND CHILDREN, WHILE HONORING OUR HERITAGE AND PERPETUATING OUR CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MOANANUIAKEA VOYAGE MADE ITS GLOBAL LAUNCH FROM JUNEAU, ALASKA IN JUNE 2023. THE FOUR-YEAR EXPEDITION WILL COVER AN ESTIMATED 43,000 NAUTICAL MILES AROUND THE PACIFIC, VISITING 36 COUNTRIES AND ARCHIPELAGOES, NEARLY 100 INDIGENOUS TERRITORIES AND MORE THAN 300 PORTS. MOANANUIAKEA REFERS TO THE VAST WATERS OF THE EARTH'S LARGEST OCEAN. THE GOAL OF THE VOYAGE IS TO IGNITE A MOVEMENT OF 10 MILLION "PLANETARY NAVIGATORS' BY DEVELOPING YOUNG LEADERS AND ENGAGING COMMUNITIES AROUND THE WORLD TO TAKE PART IN NAVIGATING EARTH TOWARDS A HEALTHY, THRIVING FUTURE. THE VOYAGE ITSELF IS A GLOBAL EDUCATIONAL CAMPAIGN THAT WILL AMPLIFY THE VITAL IMPORTANCE OF OCEANS AND INDIGENOUS KNOWLEDGE THROUGH PORT ENGAGEMENTS, EDUCATION AND STORYTELLING SHARED VIA A VIRTUAL "THIRD CANOE" CALLED WA'A HONUA, WHICH TRANSLATES TO "A CANOE FOR THE EARTH" (WWW.WAAHONUA.COM). PVS AND ITS EDUCATIONAL PARTNERS ARE CREATING STORIES, AND LESSONS FOR ALL AGES WITH THE GOAL OF INSPIRING PEOPLE TO CARE FOR AND MAKE BETTER CHOICES FOR THE EARTH. "WE BEGIN WITH A 31-YEAR RELATIONSHIP WITH THE NATIVE PEOPLE OF SOUTHEAST ALASKA. TO PAY HOMAGE TO PVS' ALASKA FAMILY, HOKULE'A IS ON A PRE-VOYAGE ALASKA HERITAGE SAIL. THE FIRST STOP WAS YAKUTAT, HOME OF THE LATE BYRON MALLOTT, WHOSE LEADERSHIP IN THE EARLY 90'S ENABLED THE DONATION OF TWO 200-FOOT SITKA SPRUCE LOGS TO HAWAI'I FOR THE HULLS OF THE VOYAGING CANOE HAWAI'ILOA. ON JUNE 10, HOKULE'A IS SCHEDULED TO RETURN TO JUNEAU AND WILL BE GREETED WITH A TRADITIONAL TRIBAL WELCOME CEREMONY AT AUKE BAY, THE TRADITIONAL LANDS OF THE A'AKW KWAN.PVS WILL HOLD THE GLOBAL LAUNCH OF MOANANUIAKEA VOYAGE WHICH IS THE CIRCUMNAVIGATION OF THE PACIFIC THE REGION SALE PLAN FOR MOANANUIAKEA IS:JUNE TO SEPTEMBER 2023 - ALASKA, BRITISH COLUMBIA, SEATTLE- SEPTEMBER TO NOVEMBER 2023 - WEST COAST OF THE UNITED STATES- JANUARY TO FEBRUARY 2024 - MEXICO, CENTRAL AMERICA, SOUTH AMERICA- MARCH - DECEMBER 2024 - EXPLORING THE LARGEST COUNTRY IN THE WORLD, OUR COUNTRY,POLYNESIA- DECEMBER 2024 TO MAY 2025 - AOTEAROA- MAY TO MARCH 2026 - MELANESIA, MICRONESIA AND PALAU- MARCH TO SEPTEMBER 2026 - WEST PACIFIC, ENDING IN JAPAN- SEPTEMBER TO DECEMBER 2026 - SHIPPING FROM JAPAN TO LOS ANGELES THEN SAILING HOME TO HAWAI'I- SPRING 2027 - TAHITIIN THE WAKE OF THE DEVASTATING FIRES ON MAUI IN AUGUST 2023, HOKULE'A RETURNED HOME FROM SAN DIEGO, CALIFORNIA IN LATE DECEMBER 2023 TO SUPPORT THE LAHAINA COMMUNITY. THE EARTH'S UNPRECEDENTED WEATHER PATTERNS INCLUDING THE CURRENT EL NINO PHENOMENON (A PERIOD OF UNUSUALLY WARM WATER IN THE PACIFIC OCEAN WHICH HAS GLOBAL IMPACT) WAS ALSO A CONTRIBUTING FACTOR TO LEADERSHIP'S DECISION TO RETURN TO HAWAI'I BEFORE CONTINUING ON THE CIRCUMNAVIGATION OF THE PACIFIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Botticelli Director | Trustee | 0.5 | $0 |
Anthony Mallott Director | Trustee | 0.5 | $0 |
Bruce Blankenfeld Vice Chair | OfficerTrustee | 20 | $68,328 |
Catherine Fuller Director | Trustee | 0.5 | $0 |
Dennis Fern Director | Trustee | 1.5 | $0 |
Eric Co Secretary/treasurer | OfficerTrustee | 12.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $153,612 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $58,234 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,287,931 |
| Noncash contributions included in lines 1a–1f | $92,491 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,499,777 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $296,497 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $55,562 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,851,836 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $475,560 |
| Compensation of current officers, directors, key employees. | $194,811 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $322,597 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,065 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $396,459 |
| Advertising and promotion | $25,839 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,195 |
| Travel | $397,720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,151 |
| Interest | $8,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,786 |
| Insurance | $179,791 |
| All other expenses | $27,030 |
| Total functional expenses | $2,475,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,295,055 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,279 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,295 |
| Prepaid expenses and deferred charges | $17,225 |
| Net Land, buildings, and equipment | $1,065,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,502,383 |
| Accounts payable and accrued expenses | $89,111 |
| Grants payable | $0 |
| Deferred revenue | $2,663 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $74,050 |
| Total liabilities | $315,824 |
| Net assets without donor restrictions | $1,633,280 |
| Net assets with donor restrictions | $553,279 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,502,383 |