Proarts INC FY2024 filing

Tax-deductible

Kihei, HI501(c)(3)Arts & CultureEIN 27-2376108

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Proarts, INC. Is a 501 (c) (3) nonprofit organization dedicated to producing the highest quality theatrical productions for maui audiences.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $33K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$88K
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$672K
+25% vs prior year
Spent
$685K
To programs
68%
Net assets
$228K
By yearFY2021–FY2025
Revenue
$672K
FY2024▲ +25%
Revenue by fiscal year
FY2021$124K
FY2022$509K
FY2023$537K
FY2024$672K
FY2025$731K
Expenses
$685K
FY2024▲ +25%
Expenses by fiscal year
FY2021$93K
FY2022$351K
FY2023$547K
FY2024$685K
FY2025$730K
Net assets
$228K
FY2024▼ -5%
Net assets by fiscal year
FY2021$93K
FY2022$250K
FY2023$241K
FY2024$228K
FY2025$229K

From the FY2024 Form 990 (year ending June 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $467K Management & general 30% · $207K Fundraising 2% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Lin Theiman’s $50K as Executive Di is at the 43rd percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021
Lin Theiman$49,759$37,212

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Produces high-quality theatrical productions for Maui audiences.

Provided by the organization

This section is blank until Proarts INC claims this page.

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1 program service account for $447K of program spending, described in the organization's own filed words · FY2023.
01

Proarts, inc. Presents high quality theater stage productions to the maui community.

$447Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$672K
Ln 12
Fees for servicesLn 2g$474K
Gifts and grantsLn 1h$199K
Money outPt IX
$685K
Ln 25
Programscol B$467K
Managementcol C$207K
Fundraisingcol D$11K
Owns and owesPt X
$228K
net assets · Ln 32
Cash and savingsLn 1–2$210K
Total assetsLn 16$315K
LiabilitiesLn 26$88K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$199K
Government grantsLn 1e$30K
Fees for servicesLn 2g$474K
Total revenueLn 12$672K
Assets in detailPt X, end of year
CashLn 1$210K
Cash and savings togetherLn 1–2$210K
Land, buildings, equipmentLn 10c$83K
Other assetsLn 15$22K
Total assetsLn 16$315K
LiabilitiesLn 26$88K
Net assetsLn 32$228K
OperationsPt I, VI
EmployeesI 53
VolunteersI 6150
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$267K$210K
Land, buildings, equipmentLn 10c$72K$83K
Total assetsLn 16$339K$315K
LiabilitiesLn 26$99K$88K
Net assetsLn 32$241K$228K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$70K$70K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$163K$156K$7K
Advertising and promotionLn 12$40K$40K
Office expensesLn 13$349$349
Information technologyLn 14$8K$8K
OccupancyLn 16$59K$59K
TravelLn 17$18K$4K$14K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$210K$194K$17K
All other expensesLn 24e$84K$58K$15K$11K
Total functional expensesLn 25$685K$467K$207K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $731K$730K$932$229K 990 PDF
FY2024 Viewing $672K$685K−$13K$228K 990 PDF
FY2023 $537K$547K−$10K$241K 990 PDF
FY2022 $509K$351K$158K$250K 990 PDF
FY2021 $124K$93K$31K$93K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $672,174 across 5 lines filed
VIII-1e Government grants$29,751
VIII-1f All other contributions, gifts and grants$168,897
VIII-1h Total contributions, gifts and grants$198,648
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $473,526$473,526
VIII-12 Total revenueRelated to mission $473,526$672,174
Part IX · Statement of functional expenses $685,346 across 13 lines filed
IX-7 Other salaries and wagesManagement $69,611$69,611
IX-11c Accounting feesManagement $6,700$6,700
IX-11g Other fees for servicesPrograms $155,933 · Management $6,933$162,866
IX-12 Advertising and promotionPrograms $39,512$39,512
IX-13 Office expensesManagement $349$349
IX-14 Information technologyManagement $8,186$8,186
IX-16 OccupancyManagement $59,321$59,321
IX-17 TravelPrograms $3,736 · Management $14,280$18,016
IX-20 InterestManagement $1,795$1,795
IX-22 Depreciation, depletion and amortizationPrograms $16,336$16,336
IX-23 InsuranceManagement $8,431$8,431
IX-24 Other expenses (24a–d)Programs $193,562 · Management $16,581$210,143
IX-24e All other expensesPrograms $57,906 · Management $14,706 · Fundraising $11,468$84,080
IX-25 Total functional expensesPrograms $466,985 · Management $206,893 · Fundraising $11,468$685,346
Part X · Balance sheet $315,436 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $266,960$209,991
X-10c Land, buildings and equipment, netStart of year $72,460$83,495
X-15 Other assets$21,950
X-16 Total assetsStart of year $339,420$315,436
X-25 Other liabilitiesStart of year $98,565$87,754
X-26 Total liabilitiesStart of year $98,565$87,754
X-27 Net assets without donor restrictionsStart of year $240,855$227,682
X-32 Total net assets or fund balancesStart of year $240,855$227,682
X-33 Total liabilities and net assetsStart of year $339,420$315,436
Part XI · Reconciliation of net assets $227,682 net assets at year end
XI-1 Total revenue$672,174
XI-2 Total expenses$685,346
XI-3 Revenue less expenses−$13,172
XI-4 Net assets at start of year$240,855
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$227,682

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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