Molokai Arts Center Inc

Nonprofit profile at a glance

EIN
273170573
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024, Form 990-N 2012
Location
Kualapuu, HI, USA
Phone
8085679696
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Visual Arts Organizations

Reported finances

Revenue
$143,976
Expenses
$124,081
Assets
$60,246
Liabilities
$8,490

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

Leadership & pay

8 people listed

Executive titles in this filing

  • IOLANI KUOHA (PRESIDENT)

People named in this filing

  • IOLANI KUOHA (PRESIDENT)
  • KALAE TANGONAN (VICE PRESIDE)
  • JUDY MERTENS (SECRETARY)

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

Our mission is to provide art classes, youth programs, studio and gallery space for adult, children, residents and visitors to our island.

What it reported doing in 2024

Art studio offering year-round classes in pottery, painting, and jewelry making for children, college students, adults, seniors, and the handicap. Equipped with gas, electric and raku kilns, potters wheels, slab roller, extruder and other pottery equipment. Supplies range from, but are not limited to, painting and crafts. Tools for the kiln and jewelry are also used. The rented studio is staffed by a studio manager, executive director, and various volunteer and contracted art instructors.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 100
  • Sustainability: 46
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.3%; rating input score 76
  • Program expense ratio: 88.5%; rating input score 89

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: 13.8%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 21.6%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: -7.8% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 76.3% of revenue deployed · 88.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $110K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.