Aloha Week Hawaii Inc
- Assets
- $67.3k
- Revenue
- $100.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 99-0078969
Organization Overview
Aloha Week Hawaii Inc is located in Honolulu, HI. The organization was established in 1996. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Aloha Week Hawaii 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 12/2021, Aloha Week Hawaii Inc generated $100.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $134.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
"TO FOSTER THE ALOHA SPIRIT THROUGH THE PERPETUATION OF THE HAWAIIAN CULTURE AND THE CELEBRATION OF THE DIVERSE CUSTOMS AND TRADITIONS OF HAWAII."
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVENUES:1. WAIKIKI HOOLAULEA - BLOCK PARTY BOOTH FEES2. RIBBON - ANNUAL ALOHA FESTIVAL RIBBON SALES3. ROYAL COURT REVENUE EXPENSES:1. WAIKIKI HOOLUALEA & EVENTS PROMOTING THE EVENT - BLOCK PARTY WITH FOOD AND LEI VENDORS TO CELEBRATE THE ANNUAL THEME & THE ARRIVAL OF THE ROYAL COURT. - ROYAL COURT INVESTITURE: ROYAL COURT RECIEVES THEIR ROYAL SYMBOLS OF REIGN - OPENING CEREMONY: OFFICAL BEGINNING OF THE ALOHA FESTIVAL EVENTS2. PARADE - ALOHA FESTIVAL FLORAL PARADE EVENT WITH FLOATS FEATURING HAWAIIAN FLOWERS, HULA DANCERS, AND MARCHING BANDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Deegan Director | Trustee | 1 | $0 |
James Fulton Director | Trustee | 1 | $0 |
Antoinette Lee Director | Trustee | 11 | $10,000 |
Christopher Lee Treasurer | OfficerTrustee | 2 | $0 |
Phillip Li Executive Committee | OfficerTrustee | 2 | $0 |
C Haunani Maunu-Hendrix Executive Committee | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,495 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $100,353 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $53,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,000 |
| Office expenses | $191 |
| Information technology | $646 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,986 |
| Insurance | $1,707 |
| All other expenses | $0 |
| Total functional expenses | $134,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,401 |
| Savings and temporary cash investments | $28,215 |
| Pledges and grants receivable | $200 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,363 |
| Prepaid expenses and deferred charges | $6,320 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,957 |
| Other assets | $3,791 |
| Total assets | $67,335 |
| Accounts payable and accrued expenses | $16,809 |
| Grants payable | $8,000 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,809 |
| Net assets without donor restrictions | $42,526 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $42,526 |