Maui Classical Music Festival
Maui Classical Music Festival maintains stable finances with volunteer leadership and no executive compensation.
EIN: 161672016 · Kihei, HI · NTEE: A68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $108K |
| Program Spending | 85% |
| Net Assets | $58K |
| Transparency Score | 85/100 |
Is Maui Classical Music Festival Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maui Classical Music Festival directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maui Classical Music Festival
Maui Classical Music Festival (EIN: 161672016) is a nonprofit organization based in Kihei, HI, classified under NTEE code A68. The organization reported total revenue of $86K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maui Classical Music Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maui Classical Music Festival is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $108K |
| Surplus / Deficit | $-16,194 |
| Total Assets | $58K |
| Net Assets | $58K |
| Operating Margin | -17.5% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2024, Maui Classical Music Festival reported a deficit of $16K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Maui Classical Music Festival's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.0% | +17.2% | -21.7% |
| 2023 | +5.1% | +33.3% | -6.9% |
| 2022 | +169.1% | +1222.4% | +19.9% |
| 2021 | +17.0% | -70.9% | +61.8% |
| 2020 | -58.8% | -70.5% | +24.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maui Classical Music Festival with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Maui Classical Music Festival allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Maui Classical Music Festival:
- Consistent IRS 990 filings demonstrating transparency.
- Zero officer compensation, indicating volunteer leadership and efficient use of funds.
- Healthy asset-to-liability ratio, with zero liabilities in recent years (e.g., 202406, 202306, 202206).
- Resilient revenue recovery post-pandemic, reaching $92,279 in 202406.
- Long operational history with 13 filings, suggesting stability and commitment.
Frequently Asked Questions about Maui Classical Music Festival
Is Maui Classical Music Festival a legitimate charity?
Maui Classical Music Festival (EIN: 161672016) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $86K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Maui Classical Music Festival spend its money?
Maui Classical Music Festival directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maui Classical Music Festival tax-deductible?
Maui Classical Music Festival is registered as a tax-exempt nonprofit (EIN: 161672016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maui Classical Music Festival's spending goes to programs?
Maui Classical Music Festival directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maui Classical Music Festival compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maui Classical Music Festival is above average for NTEE category A68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maui Classical Music Festival located?
Maui Classical Music Festival is headquartered in Kihei, Hawaii and files with the IRS under EIN 161672016. It is classified under NTEE code A68.
How many years of IRS 990 filings does Maui Classical Music Festival have?
Maui Classical Music Festival has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $86K in total revenue.
Is Maui Classical Music Festival a good charity?
Based on the available data, the Maui Classical Music Festival appears to be a well-managed small charity. It maintains financial stability with no liabilities in recent years (e.g., $0 in 202406), consistently files its IRS 990s, and notably has zero officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How does the organization manage its finances given occasional expense overruns?
While expenses occasionally exceed revenue (e.g., $108,473 expenses vs. $92,279 revenue in 202406), the organization maintains a healthy asset base (e.g., $58,363 in 202406) and no liabilities, indicating it can absorb these fluctuations, likely through reserves or careful budgeting over time.
What is the trend in the organization's revenue?
Revenue has fluctuated over the years, with a notable dip in 202006 ($26,289) and 202106 ($30,760), likely due to the pandemic, but has since recovered to pre-pandemic levels, reaching $92,279 in 202406.
Filing History
IRS 990 filing history for Maui Classical Music Festival showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Maui Classical Music Festival's revenue has grown by 133.9%, moving from $39K to $92K. Total assets increased by 207.6% over the same period, from $19K to $58K. Total functional expenses rose by 174.6%, from $40K to $108K. In its most recent filing year (2024), Maui Classical Music Festival reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $92K | $108K | $58K | $0 | — | — |
| 2023 | $87K | $93K | $75K | $0 | — | View 990 |
| 2022 | $83K | $69K | $80K | $0 | — | — |
| 2021 | $31K | $5K | $67K | $0 | — | — |
| 2020 | $26K | $18K | $41K | $0 | — | View 990 |
| 2019 | $64K | $61K | $33K | $0 | — | View 990 |
| 2018 | $56K | $61K | $30K | $0 | — | View 990 |
| 2017 | $55K | $61K | $36K | $686 | — | View 990 |
| 2016 | $66K | $76K | $42K | $436 | — | View 990 |
| 2015 | $55K | $48K | $52K | $435 | — | View 990 |
| 2014 | $69K | $50K | $44K | $235 | — | View 990 |
| 2013 | $50K | $43K | $26K | $743 | — | View 990 |
| 2012 | $39K | $40K | $19K | $235 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $92K, expenses of $108K, and assets of $58K (revenue +6.0% year-over-year).
- 2023: Revenue of $87K, expenses of $93K, and assets of $75K (revenue +5.1% year-over-year).
- 2022: Revenue of $83K, expenses of $69K, and assets of $80K (revenue +169.1% year-over-year).
- 2021: Revenue of $31K, expenses of $5K, and assets of $67K (revenue +17.0% year-over-year).
- 2020: Revenue of $26K, expenses of $18K, and assets of $41K (revenue -58.8% year-over-year).
- 2019: Revenue of $64K, expenses of $61K, and assets of $33K (revenue +14.0% year-over-year).
- 2018: Revenue of $56K, expenses of $61K, and assets of $30K (revenue +1.9% year-over-year).
- 2017: Revenue of $55K, expenses of $61K, and assets of $36K (revenue -16.6% year-over-year).
- 2016: Revenue of $66K, expenses of $76K, and assets of $42K (revenue +19.3% year-over-year).
- 2015: Revenue of $55K, expenses of $48K, and assets of $52K (revenue -19.5% year-over-year).
- 2014: Revenue of $69K, expenses of $50K, and assets of $44K (revenue +37.0% year-over-year).
- 2013: Revenue of $50K, expenses of $43K, and assets of $26K (revenue +27.0% year-over-year).
- 2012: Revenue of $39K, expenses of $40K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maui Classical Music Festival:
Data Sources and Methodology
This transparency report for Maui Classical Music Festival is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.