POLYNESIAN VOYAGING SOCIETY

EIN: 237302232 501(c)(3) Arts, Culture & Humanities

HONOLULU, HI

Total Revenue
$2,851,836
Total Expenses
$2,475,873
Total Assets
$2,502,383
Net Assets
$2,186,559
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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
HI
Principal Officer
NAINOA THOMPSON
Phone
8088421101
Tax Period
2023-01-01 to 2023-12-31

POLYNESIAN VOYAGING SOCIETY, founded in 1973, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 82% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 13% surplus.

Mission

FOUNDED ON A LEGACY OF PACIFIC OCEAN EXPLORATION, THE POLYNESIAN VOYAGING SOCIETY SEEKS TO PERPETUATE THE ART AND SCIENCE OF TRADITIONAL POLYNESIAN VOYAGING AND THE SPIRIT OF EXPLORATION THROUGH EXPERIENTIAL EDUCATIONAL PROGRAMS THAT INSPIRE STUDENTS AND THEIR COMMUNITIES TO RESPECT AND CARE FOR THEMSELVES, EACH OTHER, AND THEIR NATURAL AND CULTURAL ENVIRONMENTS.

Program Service Accomplishments

Program 1
Expenses: $1,484,428 Revenue: $352,059

THE MOANANUIAKEA VOYAGE MADE ITS GLOBAL LAUNCH FROM JUNEAU, ALASKA IN JUNE 2023. THE FOUR-YEAR EXPEDITION WILL COVER AN ESTIMATED 43,000 NAUTICAL MILES AROUND THE PACIFIC, VISITING 36 COUNTRIES AND...

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THE MOANANUIAKEA VOYAGE MADE ITS GLOBAL LAUNCH FROM JUNEAU, ALASKA IN JUNE 2023. THE FOUR-YEAR EXPEDITION WILL COVER AN ESTIMATED 43,000 NAUTICAL MILES AROUND THE PACIFIC, VISITING 36 COUNTRIES AND ARCHIPELAGOES, NEARLY 100 INDIGENOUS TERRITORIES AND MORE THAN 300 PORTS. MOANANUIAKEA REFERS TO THE VAST WATERS OF THE EARTH'S LARGEST OCEAN. THE GOAL OF THE VOYAGE IS TO IGNITE A MOVEMENT OF 10 MILLION "PLANETARY NAVIGATORS' BY DEVELOPING YOUNG LEADERS AND ENGAGING COMMUNITIES AROUND THE WORLD TO TAKE PART IN NAVIGATING EARTH TOWARDS A HEALTHY, THRIVING FUTURE. THE VOYAGE ITSELF IS A GLOBAL EDUCATIONAL CAMPAIGN THAT WILL AMPLIFY THE VITAL IMPORTANCE OF OCEANS AND INDIGENOUS KNOWLEDGE THROUGH PORT ENGAGEMENTS, EDUCATION AND STORYTELLING SHARED VIA A VIRTUAL "THIRD CANOE" CALLED WA'A HONUA, WHICH TRANSLATES TO "A CANOE FOR THE EARTH" (WWW.WAAHONUA.COM). PVS AND ITS EDUCATIONAL PARTNERS ARE CREATING STORIES, AND LESSONS FOR ALL AGES WITH THE GOAL OF INSPIRING PEOPLE TO CARE FOR AND MAKE BETTER CHOICES FOR THE EARTH. "WE BEGIN WITH A 31-YEAR RELATIONSHIP WITH THE NATIVE PEOPLE OF SOUTHEAST ALASKA. TO PAY HOMAGE TO PVS' ALASKA FAMILY, HOKULE'A IS ON A PRE-VOYAGE ALASKA HERITAGE SAIL. THE FIRST STOP WAS YAKUTAT, HOME OF THE LATE BYRON MALLOTT, WHOSE LEADERSHIP IN THE EARLY 90'S ENABLED THE DONATION OF TWO 200-FOOT SITKA SPRUCE LOGS TO HAWAI'I FOR THE HULLS OF THE VOYAGING CANOE HAWAI'ILOA. ON JUNE 10, HOKULE'A IS SCHEDULED TO RETURN TO JUNEAU AND WILL BE GREETED WITH A TRADITIONAL TRIBAL WELCOME CEREMONY AT AUKE BAY, THE TRADITIONAL LANDS OF THE A'AKW KWAN.PVS WILL HOLD THE GLOBAL LAUNCH OF MOANANUIAKEA VOYAGE WHICH IS THE CIRCUMNAVIGATION OF THE PACIFIC THE REGION SALE PLAN FOR MOANANUIAKEA IS:JUNE TO SEPTEMBER 2023 - ALASKA, BRITISH COLUMBIA, SEATTLE- SEPTEMBER TO NOVEMBER 2023 - WEST COAST OF THE UNITED STATES- JANUARY TO FEBRUARY 2024 - MEXICO, CENTRAL AMERICA, SOUTH AMERICA- MARCH - DECEMBER 2024 - EXPLORING THE LARGEST COUNTRY IN THE WORLD, OUR COUNTRY,POLYNESIA- DECEMBER 2024 TO MAY 2025 - AOTEAROA- MAY TO MARCH 2026 - MELANESIA, MICRONESIA AND PALAU- MARCH TO SEPTEMBER 2026 - WEST PACIFIC, ENDING IN JAPAN- SEPTEMBER TO DECEMBER 2026 - SHIPPING FROM JAPAN TO LOS ANGELES THEN SAILING HOME TO HAWAI'I- SPRING 2027 - TAHITIIN THE WAKE OF THE DEVASTATING FIRES ON MAUI IN AUGUST 2023, HOKULE'A RETURNED HOME FROM SAN DIEGO, CALIFORNIA IN LATE DECEMBER 2023 TO SUPPORT THE LAHAINA COMMUNITY. THE EARTH'S UNPRECEDENTED WEATHER PATTERNS INCLUDING THE CURRENT EL NINO PHENOMENON (A PERIOD OF UNUSUALLY WARM WATER IN THE PACIFIC OCEAN WHICH HAS GLOBAL IMPACT) WAS ALSO A CONTRIBUTING FACTOR TO LEADERSHIP'S DECISION TO RETURN TO HAWAI'I BEFORE CONTINUING ON THE CIRCUMNAVIGATION OF THE PACIFIC.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,499,777
Program Service Revenue $0
Investment Income $0
Other Revenue $352,059
TOTAL REVENUE $2,851,836

Expense Breakdown

Grants Paid $0
Salaries & Benefits $847,222
Fundraising Expenses $26,178
Program Expenses $1,484,428
Other Expenses $1,628,651
TOTAL EXPENSES $2,475,873

Year-over-Year Comparison

2023 2022 Change
Revenue $2,851,836 $1,569,098 +0.8%
Expenses $2,475,873 $1,395,455 +0.8%
Net Income $375,963 $173,643 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
14
Employees
11
Volunteers
203

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$358,561
Total Directors
16
$198,888
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN BOTTICELLI DIRECTOR 0.50
Director
$0 $0 $0
ANTHONY MALLOTT DIRECTOR 0.50
Director
$0 $0 $0
BRUCE BLANKENFELD VICE CHAIR 20.00
Officer Director
$68,328 $13,560 $81,888
CATHERINE FULLER DIRECTOR 0.50
Director
$0 $0 $0
DENNIS FERN DIRECTOR 1.50
Director
$0 $0 $0
ERIC CO SECRETARY/TREASURER 12.50
Officer Director
$0 $0 $0
DR NATHAN WONG DIRECTOR 0.50
Director
$0 $0 $0
HARDY SPOEHR DIRECTOR 0.50
Director
$0 $0 $0
HARRY HO DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL CHUN DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL CUNNINGHAM DIRECTOR 0.50
Director
$0 $0 $0
NEIL HANNAHS CHAIRMAN 0.50
Officer Director
$0 $0 $0
TIM JOHNS DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM TAM DIRECTOR 0.50
Director
$0 $0 $0
RAY TANABE DIRECTOR 0.50
Director
$0 $0 $0
ERICA LEHUA KAMALU DIRECTOR OF VOYAGING 40.00
Director
$90,000 $27,000 $117,000
CHARLES NAINOA THOMPSON CHEIF EXECUTIVE OFFICER 40.00
Officer
$142,796 $37,127 $179,923
ELSIE GRAHAM CONTROLLER 40.00
Officer
$75,000 $21,750 $96,750
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,851,836 $2,475,873 $2,502,383 $375,963
2022 $1,569,098 $1,395,455 $1,990,970 $173,643
2021 $1,096,435 $1,095,849 $1,847,181 $586
2020 $1,046,099 $1,021,086 $1,986,413 $25,013
2019 $1,384,444 $1,309,320 $1,886,387 $75,124
2018 $1,966,490 $1,441,118 $1,782,021 $525,372
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