Hawaii Public Television Foundation Dba Pbs Hawaii
Nonprofit profile at a glance
- EIN
- 990334518
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Honolulu, HI, USA
- Phone
- 8084625000
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $9,640,770
- Expenses
- $8,462,406
- Assets
- $55,291,707
- Liabilities
- $867,031
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- RONALD MIZUTANI (PRESIDENT & CEO)
- KAREN YAMAMOTO (SR. VICE PRESIDENT & CFO)
- CHARLES D PARKER (VICE PRESIDENT OF CONTENT)
- CHRISTINA SUMIDA (VICE PRESIDENT OF ADVANCEMENT)
- JODY SHIROMA (VICE PRESIDENT OF COMMUNICATIONS)
- ROBERT PENNYBACKER (VICE PRESIDENT OF BUSINESS SUPPORT)
Highest reported compensation
- RONALD MIZUTANI (PRESIDENT & CEO): $294,192 total reported compensation
- KAREN YAMAMOTO (SR. VICE PRESIDENT & CFO): $177,281 total reported compensation
- CHARLES D PARKER (VICE PRESIDENT OF CONTENT): $162,666 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of pbs hawai'i is to advance learning and discovery by sharing stories that profoundly touch lives. We bring the world to hawai'i and hawai'i to the world.
What it reported doing in 2024
The mission of pbs hawai'i is to advance learning and discovery through storytelling that profoundly touches lives. On-air, online, and in person, we serve 1.4 million residents across six islands. As hawai'i's sole member of the public broadcasting service (pbs), we provide trusted national and international programming, a strong lineup of weekly local programs, periodic town halls, a signature read aloud and literacy initiative, and the nation's first statewide student newscast, with 90 public, private, and charter schools participating. Pbs hawai'i combines multimedia and education to promote lifelong learning, giving people of all ages access to the knowledge they need to make informed civic decisions and to appreciate the arts, humanities, and sciences, to understand world affairs and history, and to build community.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 76
- Accountability: 95
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.7%; rating input score 68
- Program expense ratio: 74%; rating input score 74
- Fundraising efficiency: $9.71 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.2%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 6.53; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 13.8%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 67.7% of revenue deployed · 74% of spending went to programs
- Governance: 21 of 21 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $6.3M in reported program spending
- Leadership: top reported pay $294K · 28 people listed · 3 of 6 pay-setting controls reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 21/100.