Kauakoko Foundation

Nonprofit profile at a glance

EIN
510418268
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Honolulu, HI, USA
Phone
8087288333
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$87,975
Expenses
$83,378
Assets
$59,416
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KARL E BAKER (PRESIDENT)
  • MICHAEL P A CASUPANG (VICE PRESIDENT)

People named in this filing

  • KARL E BAKER (PRESIDENT)
  • MICHAEL P A CASUPANG (VICE PRESIDENT)
  • MARLENE LUM (CONTROLLER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's primary purpose is the preservation, perpetuation and education in matters relating to hawaiian arts and culture, specifically to the art of hula.

What it reported doing in 2024

1. In may, the kauakoko foundation produced a live production at the waikiki shell that 130 students participated in, with 2,600 people in attendance. All of the students participated in the show, directed by the two kumu, with song and hula, and assisted with the costumes, lei making and choreography of the show.2. In april, the kauakoko foundation participated in the merrie monarch hula festival, sending 50 students, two kumu, three musicians, and five kokua (helpers) which involves three days of performances and many months of preparation to compete in the invitation-only most prestigious hula competition in the world in hilo, hawai'i. This involves researching the hula to be performed, and adorning the dancers with costumes and lei appropriate for the hula and time period.3. In august, sent 25 of the young students along with the two kumu and eight kokua (helpers) to participate in the keiki hula festival which involves three days of performances and 20 other halaus. Many members of the halau assist in getting the young students ready, including helping sew costumes and lei. Also sent a similar group to hula oni e in september. These competitions for our young students help them learn about different hula, and ready them for performances as they mature.4. In july, participated in the prince lot hula festival, the largest non-competitive hula competition in Hawaii, with some 8,000 audience members attending and several thousand more watching on the live stream feed. In addition to the kumu and musicians, 35 students participated in the event, performing kahiko (ancient) and 'auana (modern) hula numbers.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 100
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.7%; rating input score 52
  • Program expense ratio: 54.6%; rating input score 55

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 5.2%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.1% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: -4.5% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 51.7% of revenue deployed · 54.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $45K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.