Friends Of The Waikiki Aquarium

Organization Overview

Friends Of The Waikiki Aquarium is located in Honolulu, HI. The organization was established in 2000. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Friends Of The Waikiki Aquarium employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Waikiki Aquarium 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, Friends Of The Waikiki Aquarium generated $465.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $320.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE FRIENDS OF THE WAIKIKI AQUARIUM (FOWA) IS TO HELP PEOPLE OF ALL AGES UNDERSTAND, LOVE, CARE FOR AND WORK TO PROTECT THE LIFE OF THE OCEAN THROUGH A COMMITMENT TO EXCELLENCE IN EDUCATIONAL AND ENTERTAINING EXPERIENCES, RESEARCH AND CONSERVATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

A) PURPOSE. THE CORPORATION IS ORGANIZED FOR THE FOLLOWING PURPOSES: (1) TO ESTABLISH, SUPERVISE, OPERATE, MAINTAIN AND MANAGE AN AQUARIUM, CENTER FOR OCEANOGRAPHY AND MARINE BIOLOGICAL LABORATORY FOR EDUCATION PURPOSES; (2) TO HELP PEOPLE OF ALL AGES UNDERSTAND, LOVE, CARE FOR, AND WORK TO PROTECT THE LIFE OF THE OCEAN THROUGH A COMMITMENT TO EXCELLENCE IN EDUCATIONAL EXPERIENCES, RESEARCH AND CONSERVATION; (3) TO DESIGN, CONSTRUCT, AND MAINTAIN: EXHIBITS OF LIVING AQUATIC ORGANISMS; EXHIBITS RELATING TO THE INFLUENCE OF THE OCEAN ON ANY AND ALL ASPECTS OF HUMAN CULTURE (PARTICULARLY HAWAIIAN); AND GENERALLY, TO PROVIDE EDUCATIONAL AND ENTERTAINING EXPERIENCES INVOLVING THE OCEANS AND THEIR LIVING SYSTEMS, PARTICULARLY AS EXEMPLIFIED IN HAWAII AND THE TROPICAL PACIFIC REGION; (4) TO ENGAGE IN AND SUPPORT RESEARCH IN AREAS RELATING TO THE OCEAN, AQUATIC LIFE, MATTERS RELATING TO THE GEOLOGY BENEATH THE OCEANS, MATTERS RELATING TO THE USE OF OCEAN RESOURCES AS ENERGY RESOURCES, OCEAN POLLUTION, AND OTHER AQUATIC-RELATED MATTERS DETERMINED BY THE BOARD OF DIRECTORS. (5) TO PROVIDE EDUCATIONAL PROGRAMS TO THE GENERAL PUBLIC ON AQUATIC-RELATED SCIENCES AND ACTIVITIES; TO PREPARE, PUBLISH, AND DISTRIBUTE EDUCATIONAL MATERIAL PERTAINING TO THE OPERATION OF AQUARIA, VARIOUS AQUATIC SCIENCES AND RELATED FIELDS, AND BULLETINS RELATING TO THE WORK OF THE CORPORATION, AND TO UTILIZE ALL MODES OF PUBLICATION, INCLUDING BOOKS, PAMPHLETS, MAGAZINES, RADIO AND TELEVISION PRODUCTION, FOR THE PROVISION OF INFORMATION OF AQUATIC INTEREST TO VARIOUS PUBLICS; (6) TO CONDUCT SEMINARS, SPECIAL PROGRAMS, AND CLASSES ON AQUATIC-RELATED MATTERS; (7) TO ESTABLISH, MAINTAIN, AND AWARD SCHOLARSHIPS AND RESEARCH GRANTS TO STUDENTS OR OTHER PERSONS FOR ACHIEVEMENT IN AQUATIC-RELATED MATTERS OR CONTINUING EDUCATION OR RESEARCH IN AQUATIC-RELATED MATTERS; (8) TO SPONSOR MEETINGS AND CONFERENCES OF THOSE INTERESTED IN AQUARIA AND IN THE STUDY OF THE VARIOUS AQUATIC SCIENCES AND RELATED FIELDS, AND TO FACILITATE COOPERATION AMONG ORGANIZATIONS OPERATING AQUARIA AND MUSEUMS, PEOPLE INTERESTED IN THE AQUATIC SCIENCES AND RELATED FIELDS, SCIENTISTS IN THESE FIELDS, AND THE GENERAL PUBLIC; (9) TO PROVIDE REGULAR, ORGANIZED PROGRAMS ON AQUATIC AND RELATED SCIENCES TO PUBLIC AND PRIVATE SCHOOL SYSTEMS. (10) TO LEASE, CONTRACT, AND OPERATE FACILITIES OWNED BY THE STATE OF HAWAII FOR THE PURPOSE OF AQUATIC EDUCATION, RESEARCH, AND PUBLIC SERVICE AS DESCRIBED IN SEPARATE MEMORANDA OF AGREEMENT; (11) TO COOPERATE AND COORDINATE WITH VARIOUS DEPARTMENTS OF THE STATE OF HAWAII IN MATTERS RELATING TO AQUATIC EDUCATION, AQUATIC RESEARCH, AND AQUATIC PROGRAMS, INCLUDING (BUT NOT LIMITED TO) THE FOLLOWING: (A) TO PROVIDE APPRENTICESHIP OPPORTUNITIES IN AQUARIUM TECHNOLOGY AND MANAGEMENT TO UNIVERSITY OF HAWAII STUDENTS; (B) TO PROVIDE RESEARCH AND TEACHING SPACE ON A COOPERATIVE BASIS TO INTERESTED FACULTY MEMBERS, UNDERGRADUATE AND GRADUATE STUDENTS OF THE UNIVERSITY OF HAWAII; (C) TO MAINTAIN AND OPERATE FACILITIES FOR THE COLLECTION, MAINTENANCE, AND SHIPMENT OF AQUATIC ORGANISMS FOR THEIR PROVISION TO VARIOUS DEPARTMENTS OF THE UNIVERSITY OF HAWAII AND TO AQUARIUMS THROUGHOUT THE WORLD ON A COOPERATIVE BASIS; (D) TO INCLUDE THE EXPOSITION OF PAST AND CURRENT ACHIEVEMENTS OF THE UNIVERSITY OF HAWAII FACULTY AND STUDENTS AND OTHER STATE DEPARTMENTS IN THE AREAS OF AQUATIC SCIENCE AS A MAJOR PART OF THE EXHIBIT PHILOSOPHY; (E) TO ACT AS AN INFORMATIONAL RESOURCE FOR THE GENERAL PUBLIC, STATE AGENCIES, AND THE UNIVERSITY STUDENTS AND FACULTY BY MAINTAINING A LIBRARY AND REFERENCE SERVICE IN MATTERS RELATED TO AQUARIUM TECHNOLOGY AND THE MAINTENANCE OF AQUATIC ANIMALS IN CAPTIVITY. (12) TO SOLICIT AND RECEIVE GIFTS AND DONATIONS FROM INDIVIDUALS AND ORGANIZATIONS, TO ACCUMULATE FUNDS FOR THE CAPITAL PROGRAMS OF THE CORPORATION, AND TO EXPEND PRINCIPAL OR INCOME OR BOTH IN CARRYING OUT THE PURPOSES OF THE CORPORATION. (13) TO ACQUIRE BY GIFT, PURCHASE, LEASE, EXCHANGE, OR OTHERWISE SUCH REAL AND PERSONAL PROPERTY AS MAY BE APPROPRIATE TO CARRY OUT THE PURPOSES OF THE CORPORATION OR FOR INVESTMENTS, AND TO HOLD, OPERATE, USE, DEVELOP, LEASE, SELL, ASSIGN OR OTHERWISE DISPOSE OF SUCH REAL OR PERSONAL PROPERTY. (14) TO BUY OR ACQUIRE BY GIFT OR OTHERWISE, HOLD AND SELL STOCK, NOTES, BONDS OR OTHER SECURITIES FOR THE PURPOSE OF INVESTING AND REINVESTING THE FUNDS OF THE CORPORATION. (15) TO BORROW MONEY AND FROM TIME TO TIME MAKE AND ISSUE PROMISSORY NOTES AND EVIDENCES OF INDEBTEDNESS OF ALL KINDS FOR THE ACCOMPLISHMENT OF THE PURPOSES OF THE CORPORATION, OR ANY OF THEM, AND IF DEEMED DESIRABLE TO SECURE THE SAME BY MORTGAGE OR PLEDGE OF ANY PROPERTY OF THE CORPORATION. (16) TO DO ALL THINGS ALONE OR IN CONJUNCTION WITH OTHER PERSON, ORGANIZATIONS OR INSTITUTIONS PROPER OR DESIRABLE FOR ACCOMPLISHING THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED. (17) TO TRANSACT ANY AND ALL LAWFUL BUSINESS OR ACTIVITIES FOR WHICH NONPROFIT CORPORATIONS MAY BE INCORPORATED UNDER CHAPTER 415B, HAWAII REVISED STATUTES, AS AMENDED, IN CONNECTION WITH THE FOREGOING PURPOSE, AND WHICH DIRECTLY OR INDIRECTLY PROMOTES THE INTERESTS OF THE CORPORATION, PROVIDED THAT SUCH BUSINESS OR ACTIVITIES ARE WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING ANY SUCCESSOR PROVISIONS THERETO, (THE "CODE") AND UNITED STATES TREASURY INCOME TAX REGULATIONS THEREUNDER, AS AMENDED, INCLUDING ANY SUCCESSOR PROVISIONS THERETO, (THE "REGULATIONS"), SUCH AS THE OPERATION OF A GIFT SHOP FOR THE SALE OF ITEMS WHICH FOSTER AN APPRECIATION AND UNDERSTANDING OF THE OCEAN AND THE NATURAL WORLD, INCLUDING ARTWORK, BOOKS, VIDEOS, NATURALISTIC COLLECTIBLES AND ARTIFACTS, AND THE OPERATION OF A CONCESSIONAIRE TO GENERATE REVENUES TO SUPPORT THE ABOVE EDUCATIONAL PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Lee Higa-Okamoto
Co-Secretary, Former Exec. Director
$34,915
Christopher Cole
Co-Chairperson
$0
Dirk Yoshizawa
Co-Chairperson
$0
Alan Matsui
Treasurer
$0
Charles Kelley
Co-Secretary
$0
Elizabeth Churchill
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Event Photo Solutions
Photography Services Of Waikiki Aquarium
$196,884
Prime Builders Of Oahu
Construction
$162,592
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$29,633
Fundraising events$0
Related organizations$0
Government grants $23,075
All other contributions, gifts, grants, and similar amounts not included above$39,323
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$92,031
Total Program Service Revenue$0
Investment income $190,411
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $181,795
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $465,291

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Friends Of The Waikiki Aquarium has recieved totaling $24,075.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$15,750
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ENVIRONMENTAL AND ANIMALS

$5,150
Armstrong Foundation

Honolulu, HI

PURPOSE: CHARITABLE

$1,500
Armstrong Foundation

Honolulu, HI

PURPOSE: CHARITABLE

$1,500
Amica Companies Foundation

Lincoln, RI

PURPOSE: GENERAL PURPOSE

$175
View Grant Recipient Profile

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