Maui Arts & Cultural Center
- Assets
- $31.4m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 130
- Location
- Kahului, HI
- Founding
- 02/1984
- Data as of
- 06/2022
- EIN
- 99-0222998
Organization Overview
Maui Arts & Cultural Center is located in Kahului, HI. The organization was established in 1984. 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 06/2022, Maui Arts & Cultural Center employed 130 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maui Arts & Cultural Center 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 06/2022, Maui Arts & Cultural Center generated $9.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $7.5m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENTAL ACTIVITIES
OTHER PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Art Vento CEO | Officer | 40 | $143,004 |
Jack Naiditch Treasurer | Officer | 4 | $0 |
Jimmy Haynes Chairman | Officer | 4 | $0 |
Carolyn Schaefer Gray Secretary | Officer | 2 | $0 |
Virgilio Agcolicol Board Member | Trustee | 1 | $0 |
Dorothy Haynes Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bamp Project Llc Entertainmnt Promotr | 6/29/20 | $193,210 |
Raymond Ho Jr Dba Ray Jr Llc Entertainmnt Promotr | 6/29/20 | $134,568 |
University Health Alliance Health Insurance | 6/29/20 | $238,954 |
Goldenvoice Entertainmnt Promotr | 6/29/20 | $126,332 |
Goldenvoice Entertainmnt Promotr | 6/29/20 | $126,332 |
University Health Alliance Health Insurance | 6/29/20 | $238,954 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,196,720 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,274,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,471,451 |
| Total Program Service Revenue | $0 |
| Investment income | $99,808 |
| 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 | $9,713,031 |
| 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. | $143,004 |
| Compensation of current officers, directors, key employees. | $47,668 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,625,338 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $229,765 |
| 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 | $0 |
| Advertising and promotion | $120,381 |
| Office expenses | $21,344 |
| Information technology | $0 |
| 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 | $107,445 |
| Interest | $5,356 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,815,032 |
| Insurance | $135,213 |
| All other expenses | $877,205 |
| Total functional expenses | $7,544,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,690,349 |
| Savings and temporary cash investments | $1,000,000 |
| Pledges and grants receivable | $5,021,372 |
| Accounts receivable, net | $408,146 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $33,994 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $15,413,587 |
| Investments—publicly traded securities | $5,532,422 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $290,424 |
| Total assets | $31,390,294 |
| Accounts payable and accrued expenses | $666,650 |
| Grants payable | $0 |
| Deferred revenue | $1,171,216 |
| 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 | $425,771 |
| Total liabilities | $2,263,637 |
| Net assets without donor restrictions | $19,687,600 |
| Net assets with donor restrictions | $9,439,057 |
| 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 | $31,390,294 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Maui Arts & Cultural Center has recieved totaling $180,517.
| Awarding Organization | Amount |
|---|---|
Wayne And Nan Kocourek Foundation Buffalo Grove, IL PURPOSE: TO SUPPORT OPERATIONAL AND PROGRAM EXPENSES. | $50,000 |
Eugene Freedman Family Foundation Chicago, IL PURPOSE: PERFORMING ARTS COMPLEX FOR EDUCATION, PERFORMANCE & EXHIBITS OF ART | $25,000 |
Organization Name not Listed PURPOSE: FACILITY OR EQUIPMENT CAPITAL NEEDS FOR ARTS EDUCATION, FINE ARTS EXHIBITS, PERPETUATION OF HAWAIIAN CULTURE, COMMUNITY FESTIVALS AND OUTREACH PROGRAM | | $25,000 |
Organization Name not Listed PURPOSE: FACILITY OR EQUIPMENT CAPITAL NEEDS FOR ARTS EDUCATION, FINE ARTS EXHIBITS, PERPETUATION OF HAWAIIAN CULTURE, COMMUNITY FESTIVALS AND OUTREACH PROGRAMS | | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $11,000 |
The Seven Springs Foundation Sausalito, CA PURPOSE: DONATION | $10,000 |
Endowment Analysis
| Beg. Balance | $4,729,543 |
| Ending Balance | $4,729,543 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Society For The Promotion Of Japanese Animation Santa Ana, CA | $0 | $15,922,386 |
Haven Gallery Pomona, CA | $12,441,851 | $10,866,207 |
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Maui Arts & Cultural Center Kahului, HI | $31,390,294 | $9,713,031 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |
Gray Area Foundation For The Arts San Francisco, CA | $1,951,369 | $4,455,887 |