Hawaiian Mission Children'S Society

“The historical collection consists of documents and artifacts held for educational, research, and curatorial purposes. The collection is continuously catalogued, preserved, and cared for. The items in the collection, which were acquired through purchases and contributions since the society's inception, are not recognized in the financial statements because they have no alternative uses. Purchases of collection items are recorded as decreases in unrestricted net assets in the period in which the items are acquired or as temporarily or permanently restricted net assets if they are purchased with donor-restricted funds. Contributed collection items are not reflected on the financial statements. Proceeds, if any, from the disposition of collection items are reflected as increases in the appropriate net asset classes.”

“The organization's collections include three of hawaii's oldest remaining structures on the original one-acre site which served as the headquarters for an extensive network of mission stations, schools and churches throughout the islands; the adjacent mission cemetery; the museum collection of more than 3,000 western and polynesian artifacts (furniture and domestic artifacts), textiles; personal artifacts, tools and equipment, communication and recreation artifacts and art objects; the research library collection of 12,000 books and pamphlets, 250 linear feet of manuscripts, photographs, art-on-paper and microfilm. The houses, a national historic landmark, include: the 1821 frame house, now hawaii's oldest house (its pre-cut frame was shipped from boston in 1820); the 1831 chamberlain house, hawaii's second oldest house (built of over 3,000 hand-hewn coral blocks to house the mission's goods and supplies); and the 1841 annex which now serves as the center for the interpretation of early hawaiian language printing in hawaii.”

“The intended use of the organization's permanent endowment funds is to continue the programs of the organization.”

“U.s. Gaap requires uncertain tax positions to be recognized in the financial statements if they are more likely than not to fail upon regulatory examination. Management has evaluated the society's tax positions as of december 31, 2023 and 2022 and for the years then ended, and determined that there were no uncertain tax positions required to be reported in accordance with u.s. Gaap. The society is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.”

“Fundraising expenses 40,038. Cost of goods sold 14,990.”

“Investment income 455,736.”

“Fundraising expenses 40,038.”