Tax Foundation Of Hawaii is located in Honolulu, HI. The organization was established in 1955. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Tax Foundation Of Hawaii employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tax Foundation Of Hawaii 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, Tax Foundation Of Hawaii generated $129.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $122.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH/EVALUATE STATE/LOCAL GOVERNMENT TAX/SPENDING.
Describe the Organization's Program Activity:
Part 3
SUMMARY/ANALYSIS OF PENDING GOVERNMENT TAX/FINANCE LEGISLATION PROVIDED TO SUBSCRIBING MEMBERS, INSTITUTIONS, AND PUBLIC OFFICIALS. CONDUCT RELATED BRIEFINGS DURING LEGISLATIVE SESSION TO INFORM MEMBERS AND GENERAL PUBLIC OF PENDING LEGISLATION. DISSEMINATE STATISTICAL INFORMATION/RESEARCH VIA WEEKLY COMMENTARY.
CONDUCT CLASSES ON RELEVANT TAX & FINANCE ISSUES. THESE CLASSES ARE MADE AVAILABLE TO THE GENERAL PUBLIC INCLUDING LAWMAKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Yamachika Executive Director/president | 30 | $40,001 | |
Jade Mcmillen Office Manager/ Vice President | 30 | $40,000 | |
Dennis Brown Director | 2 | $0 | |
Helen Chang Director | 2 | $0 | |
Ronald I Heller Director | 2 | $0 | |
Ku'uhaku Park Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $126,855 |
Total Program Service Revenue | $2,895 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $129,750 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $88,868 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $14,977 |
Printing, publications, postage, and shipping | $4,696 |
Other expenses | $14,336 |
Total expenses | $122,877 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $60,151 |
Other assets | $0 |
Total assets | $60,272 |
Total liabilities | $76,913 |
Net assets or fund balances | -$16,641 |