Civic Intelligence

Hawaii Youth Symphony Association

EIN 99-0119771 • 501(c)3 • Honolulu, HI

Profile

Hawaii youth symphony's mission is to develop youth to their fullest potential through orchestral music, in the setting of our islands' unique culture.

1350 South King St Suite 201Honolulu, HI 96814

hiyouthsymphony.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.17x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.37x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

17th percentile

-16%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$152,199

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

36th percentile

-0.9%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,276,514

Down $30,966 (-0.9%) from 2023

Liabilities

Up

$550,781

Up $32,859 (+6.3%) from 2023

Net Assets

Down

$2,725,733

Down $63,825 (-2.3%) from 2023

Revenue

Up

$1,494,615

Up $153,353 (+11%) from 2023

Expenses

Up

$1,732,285

Up $141,929 (+8.9%) from 2023

Net Income

Up

-$237,670

Up $11,424 (+4.6%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,471,823Liabilities 2011: $181,641Net Assets 2011: $1,290,1822011Assets 2012: $1,443,145Liabilities 2012: $85,538Net Assets 2012: $1,357,6072012Assets 2013: $1,693,975Liabilities 2013: $74,371Net Assets 2013: $1,619,6042013Assets 2014: $1,824,611Liabilities 2014: $100,095Net Assets 2014: $1,724,5162014Assets 2015: $1,883,927Liabilities 2015: $51,324Net Assets 2015: $1,832,6032015Assets 2016: $2,010,189Liabilities 2016: $129,084Net Assets 2016: $1,881,1052016Assets 2017: $2,157,749Liabilities 2017: $111,280Net Assets 2017: $2,046,4692017Assets 2018: $2,425,671Liabilities 2018: $186,723Net Assets 2018: $2,238,9482018Assets 2019: $2,471,325Liabilities 2019: $261,464Net Assets 2019: $2,209,8612019Assets 2020: $2,458,071Liabilities 2020: $165,888Net Assets 2020: $2,292,1832020Assets 2021: $3,358,574Liabilities 2021: $514,583Net Assets 2021: $2,843,9912021Assets 2022: $3,191,997Liabilities 2022: $401,605Net Assets 2022: $2,790,3922022Assets 2023: $3,307,480Liabilities 2023: $517,922Net Assets 2023: $2,789,5582023Assets 2024: $3,276,514Liabilities 2024: $550,781Net Assets 2024: $2,725,7332024

Highlighted filing

2024

Assets$3,276,514
Liabilities$550,781
Net Assets$2,725,733

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,104,322Expenses 2011: $714,941Net Income 2011: $389,3812011Revenue 2012: $726,578Expenses 2012: $659,153Net Income 2012: $67,4252012Revenue 2013: $914,775Expenses 2013: $652,778Net Income 2013: $261,9972013Revenue 2014: $651,048Expenses 2014: $648,008Net Income 2014: $3,0402014Revenue 2015: $944,926Expenses 2015: $751,653Net Income 2015: $193,2732015Revenue 2016: $911,480Expenses 2016: $753,783Net Income 2016: $157,6972016Revenue 2017: $958,890Expenses 2017: $854,485Net Income 2017: $104,4052017Revenue 2018: $1,187,748Expenses 2018: $960,092Net Income 2018: $227,6562018Revenue 2019: $1,139,490Expenses 2019: $1,223,804Net Income 2019: -$84,3142019Revenue 2020: $1,355,308Expenses 2020: $1,302,230Net Income 2020: $53,0782020Revenue 2021: $1,238,522Expenses 2021: $1,035,436Net Income 2021: $203,0862021Revenue 2022: $1,843,126Expenses 2022: $1,307,986Net Income 2022: $535,1402022Revenue 2023: $1,341,262Expenses 2023: $1,590,356Net Income 2023: -$249,0942023Revenue 2024: $1,494,615Expenses 2024: $1,732,285Net Income 2024: -$237,6702024

Highlighted filing

2024

Revenue$1,494,615
Expenses$1,732,285
Net Income-$237,670

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.28$0.55$2.73$1.49$1.73$0.24
2023Detailed filing. Detailed filing data is available for this year.$3.31$0.52$2.79$1.34$1.59$0.25
2022Detailed filing. Detailed filing data is available for this year.$3.19$0.40$2.79$1.84$1.31$0.54
2021Detailed filing. Detailed filing data is available for this year.$3.36$0.51$2.84$1.24$1.04$0.20
2020Detailed filing. Detailed filing data is available for this year.$2.46$0.17$2.29$1.36$1.30$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.47$0.26$2.21$1.14$1.22$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.43$0.19$2.24$1.19$0.96$0.23
2017Summary only. Only limited summary data is available for this year.$2.16$0.11$2.05$0.96$0.85$0.10
2016Summary only. Only limited summary data is available for this year.$2.01$0.13$1.88$0.91$0.75$0.16
2015Summary only. Only limited summary data is available for this year.$1.88$0.05$1.83$0.94$0.75$0.19
2014Summary only. Only limited summary data is available for this year.$1.82$0.10$1.72$0.65$0.65$0.00
2013Summary only. Only limited summary data is available for this year.$1.69$0.07$1.62$0.91$0.65$0.26
2012Summary only. Only limited summary data is available for this year.$1.44$0.09$1.36$0.73$0.66$0.07
2011Summary only. Only limited summary data is available for this year.$1.47$0.18$1.29$1.10$0.71$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$1,543,255
Mission and Program Overview

Mission

Hawaii youth symphony's mission is to develop youth to their fullest potential through orchestral music, in the setting of our islands' unique culture.

Our mission is to foster fun and creative experiences for youth that inspire a deep appreciation for music and lifelong relationships within the culture of our islands.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,642,643$2,728,639▲ $85,996
Cash and Non-Interest-Bearing Accounts$310,533$408,073▲ $97,540
Land, Buildings, and Equipment, Net$145,288$109,878▼ $35,410
Accounts Receivable$133,554$14,016▼ $119,538
Prepaid Expenses and Deferred Charges$13,989$6,770▼ $7,219
Savings and Temporary Cash Investments$56,056$3,721▼ $52,335
Total Assets$3,307,480$3,276,514▼ $30,966
Other Assets Total$5,417$5,417→ $0
Liabilities
Other Liabilities$332,800$315,577▼ $17,223
Deferred Revenue$95,875$121,847▲ $25,972
Accounts Payable and Accrued Expenses$89,247$113,357▲ $24,110
Total Liabilities$517,922$550,781▲ $32,859
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,350,405$1,558,821▲ $208,416
Net Assets Without Donor Restrictions$1,439,153$1,166,912▼ $272,241
Total Net Assets Fund Balance$2,789,558$2,725,733▼ $63,825
Total Liabilities and Net Assets / Fund Balance$3,307,480$3,276,514▼ $30,966

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$108,645$261,745$370,390
Equipment$1,233$39,158$40,391
Other Securities$15,722--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,190,455$100,000▲ $190,704-$1,423,871
2022$1,042,712$100,000▲ $94,995-$1,190,455
2021$1,201,022$50,000▼ $187,657-$1,042,712
2020$877,580$74,011▲ $258,922-$1,201,022
2019$862,884$2,000▲ $20,465-$877,580
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randy WongPresidentFT$144,167$8,032$152,199

Board Members and Trustees

NameTitle
Erica Mau-schankChair
Lauren YooVice Chair
Aaron SalaDirector
David ImanakaDirector
Jake ShimabukuroDirector
Jean T TsukamotoDirector
Malcolm LauDirector
Martin HsiaDirector
Michael OnofriettiDirector
Richard K IngDirector
Sharon R HimenoDirector
Patti LookImmediate Pa
Lorrin HiranoSecretary
Collin HooTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Kmh LLPAccounting1003 BISHOP STREET SUITE 2400, Honolulu, HI 96813$137,958
Revenue and Support

Revenue Composition

Contributions and Grants
$814,027
Program Service Revenue
$503,989
Investment Income
$176,599
Other Revenue
$0
All Other Contributions
$441,517
Change in Net Assets
$-237,670

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,417,441
Revenue Not Reported on Financial Statements
$77,174
Revenue Not Reported on Form 990
$173,845
Other Revenue Adjustments
$58,044
Total Revenue per Audited Statements
$1,591,286
Total Revenue per Form 990
$1,494,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$961,895
Salaries, Compensation, and Employee Benefits$770,390
Total Fundraising Expense$97,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$287,674$70,152$60,320$418,146
Other Employee Benefits$133,275$55,089$723$189,087
Current Officers, Directors, Trustees, and Key Employees$32,631$114,210$16,316$163,157
Fees for Services Accounting$34,397$103,191-$137,588
Office Expenses$33,084$85,208$3,522$121,814
Advertising$102,599$7,740$9,695$120,034
Travel$74,468$7,498-$81,966
Occupancy$63,234$15,808-$79,042
Fees for Services Other$25,227$20,824$4,725$50,776
All Other Expenses$11,238$29,308-$40,546
Fees for Service Investment Mgmnt Fees-$19,130-$19,130
Insurance$1,656$14,912-$16,568
Other Expenses$13,461$4,263$1,625$15,086
Depreciation Depletion-$9,393-$9,393
Interest-$7,627-$7,627
Total Functional Expenses$1,055,720$578,849$97,716$1,732,285

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,732,285
Expenses per Audited Statements$1,655,111
Total Expenses per Audited Statements$1,655,111
Expenses Not Reported on Financial Statements$77,174
Other Expense Adjustments$58,044
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$48,640
Fundraising Gross Income$48,640
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Na Mele$373,319$48,640$183$48,457
Total Events$373,319$48,640$48,640-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable - Eidl$151,113
Lease Liability$98,240
Payroll Liabilities$66,224
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's finance committee and president review a draft of the form 990 and then present a final draft to the board for approval. A copy of the final return is provided to all board members.

Form 990, Page 6, Part VI, Line 12C

The organization's board members and corporate officers are all subject to the conflict of interest policy that requires decision-making on any transaction that would affect their "material financial interest" to be effected only by action of the entire board, with only directors who are independent of the party participating in the action and with notice of the conflict given in advance.

Form 990, Page 6, Part VI, Line 15A

Compensation for the president, top management officials, and other officers of the organization shall be determined by the executive committee, and the amounts paid to all other staff shall be recommended by the president, and approved by the executive committee.

Form 990, Page 6, Part VI, Line 15B

Compensation for the president, top management officials, and other officers of the organization shall be determined by the executive committee, and the amounts paid to all other staff shall be recommended by the president, and approved by the executive committee.

Form 990, Page 6, Part VI, Line 19

These documents are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Hawaii Youth Symphony Association
EIN
99-0119771
Phone
8089419706
Address
1350 SOUTH KING ST SUITE 201, HONOLULU, HI 96814

Signing Officer

Name
Randy Wong
Title
President
Phone
8089419706
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Wong
Formed
1964
Legal Domicile
Hi
Voting Board Members
14
Independent Board Members
14
Employees
192
Volunteers
80

Preparer

Firm
Akamine Oyadomari & Kosaki Cpas Inc
Address
1601 KAPIOLANI BLVD STE 1140, HONOLULU, HI 96814
Preparer
Krystal Ching
Phone
8089410500
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The hawaii youth symphony (hys), hawaii's only statewide youth orchestra organization, educates young people ages 7-18 through instrumental music programs. Hys operates activities of youth of all geographic and financial backgrounds with a goal of providing any interested young person with the chance to learn a musical instrument, play in an ensemble, and cultivate their personal excellence. Multiple entry points for students of any level exist: from general music classes in ukulele, bucket drumming, violin, and strings, to intermediate and advanced string orchestras, jazz ensembles, three full symphony orchestras, chamber music, and more. A summer music intensive called the pacific music institute provides further opportunities and aims to close the opportunity gaps present in summer learning. Hys offers an overnight dorming option, which allows students from all over o'ahu and hawaii the opportunity to attend pmi. A robust financial assistance program helps to ensure that any interested student can take part, including those living on neighbor islands. This season hys served over 700 students from over 100 public, private, and home schools across kauai, oahu, maui, and hawaii counties. Students attended over 400 in-person activities, including classes, rehearsals, audition workshops, lectures, masterclasses, and recording sessions. Hys held "listen & learn" school concerts that were endorsed by the department of education. Hys produced over 30 in-person concerts featuring its students from clubhouse, academy, super strings, bucket drumming, symphony, jazz, and other programs.

Form 990, Part XI, Line 9

Financial aid -58,044 financial aid 58,044

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The association holds four endowment funds restricted in perpetuity, with the investment income (if any) to be used for specified purposes. Investment of the endowment funds is overseen by the board of director's finance committee. During fiscal year 2010, the michael nakasone legacy scholarship fund, in honor of youth symphony ii, was established to provide financial aid. During fiscal year 2015, the jonathon ching alumni endowment fund was established by a donation from the jonathan ching estate to provide financial aid, sheet music, and the remainder (if any) will be distributed as determined by the board. During fiscal year 2018, the ian mclean cooke scholarship fund, was established by a donation from the ian mclean cooke trust to provide financial aid scholarships for private lessons for public school students at early levels of participation in the hawaii youth symphony. During fiscal year 2022, the maurice and joanna sullivan family foundation scholarship fund was established by a donation from the sullivan foundation, to provide for tuition aid, inter-island travel assistance and other needs.

Schedule D, Page 4, Part XI, Line 4B

FINANCIAL AID 58,044

Schedule D, Page 4, Part XII, Line 4B

FINANCIAL AID 58,044

Raw XML AppendixShowing 400 of 613 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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