Nonprofit · EIN 99-0073502
IOLANI SCHOOL
Tax-exempt · HONOLULU, HI 96826
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $110,832,276 | $101,090,743 | $9,741,533 | $480,623,645 | $113,984,803 | $366,638,842 |
| June 30, 2024 | 990 | $104,930,602 | $94,286,547 | $10,644,055 | $449,841,490 | $111,271,501 | $338,569,989 |
| June 30, 2023 | 990 | $99,292,108 | $87,484,359 | $11,807,749 | $419,655,758 | $111,517,560 | $308,138,198 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $24,322,749
- Program service revenue
- $75,012,523
- Investment income
- $11,210,938
- Net rental income
- -$506,880
- Net gain from sales of assets
- $3,202,828
- Net income from fundraising events
- $503,501
- Net income from sales of inventory
- $34,515
- Other revenue
- $286,066
Expenses
- Grants and similar amounts paid
- $8,762,915
- Compensation of officers, directors and key employees
- $2,786,501
- Other salaries and wages
- $41,706,305
- Salaries, compensation and benefits (total)
- $61,951,038
- Professional fundraising fees
- $0
- Legal fees
- $124,904
- Accounting fees
- $206,052
- Occupancy
- $3,984,607
- Travel
- $928,558
- Depreciation
- $6,406,634
- Program services (functional)
- $85,086,379
- Management and general (functional)
- $12,639,730
- Fundraising (functional)
- $3,364,634
Balance sheet and other
- Total assets, start of year
- $449,841,490
- Total assets, end of year
- $480,623,645
- Total liabilities, end of year
- $113,984,803
- Net assets, end of year
- $366,638,842
- Land, buildings and equipment
- $169,543,424
- Publicly traded securities
- $286,083,487
- Net assets without donor restrictions
- $284,409,047
- Net assets with donor restrictions
- $82,229,795
- Gross receipts
- $204,738,849
- Employees
- 1,328
- Volunteers
- 7,581
- Year formed
- 1942
- State of legal domicile
- HI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY R COTTRELLTHRU 63025 | HEAD OF SCHOOL, EX OFFICIO Trustee or director, Officer | 40 | $625,107 | $335,669 |
| REID GUSHIKEN | CHIEF FINANCIAL OFFICER Key employee | 40 | $310,136 | $79,642 |
| MELANIE PFINGSTEN | ASSOCIATE HEAD OF SCHOOL Key employee | 40 | $275,066 | $66,150 |
| KIMBERLY HAGI | CHIEF ADVANCEMENT OFFICER Highest-paid employee | 40 | $280,094 | $48,361 |
| MICHAEL F LOMUSCIO | DEAN OF STUDIES Highest-paid employee | 40 | $228,257 | $71,790 |
| KELLY MONACO | DEAN OF ADMISSIONS AND FIN AID Highest-paid employee | 40 | $218,149 | $41,672 |
| TESA STARK | DIR OF RES HEALTH AND WELLNESS Highest-paid employee | 40 | $206,866 | $40,000 |
| KIMBERLY NGUYEN | DEAN OF RESIDENTIAL PROGRAMS Highest-paid employee | 40 | $212,998 | $27,820 |
| MARK M MUGIISHI | BOARD OF GOVERNORS CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TAKESHI SAEKI | BOARD OF GOVERNORS TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARK H YAMAKAWA | BOARD OF GOVERNORS SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RUSSELL YAMAMOTO | BOARD OF GOVERNORS VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN C DEAN JR | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| MATTHEW KM EMERSON | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| RIGHT REV ROBERT L FITZPATRICK | EX OFFICIO MBR BOARD OF GOV Trustee or director | 1 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELVIN KANESHIGE | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| BRYAN KK LI | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| WHITNEY LIMM | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| EUN JOO MILKEN | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| SUSAN MUKAI THRU 63025 | EX OFFICIO MBR BOARD OF GOV Trustee or director | 1 | $0 |
| CALVIN S OISHI | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| RAYMOND ONO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| JILL A OTAKE | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| JONATHAN K POE | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| MICHELE SAITO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| LISA MK SAKAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| EMELDA WONG TRAINOR | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| KENT TSUKAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| ROBERT W WO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| REUBEN WONG THRU 63025 | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| JODI SHIN YAMAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY R COTTRELL | HEAD OF SCHOOL, EX OFFICIO Trustee or director, Officer | 40 | $643,573 | $326,473 |
| ASTER CHIN | DEAN OF UPPER SCHOOL Highest-paid employee | 40 | $289,634 | $76,225 |
| REID GUSHIKEN | CHIEF FINANCIAL OFFICER Key employee | 40 | $290,316 | $67,023 |
| KIMBERLY HAGI | EXECUTIVE DIR. OF ADVANCEMENT Highest-paid employee | 40 | $257,855 | $44,749 |
| MICHAEL F LOMUSCIO | DEAN OF STUDIES Highest-paid employee | 40 | $221,839 | $74,181 |
| MELANIE PFINGSTEN | DEAN OF LOWER SCHOOL Highest-paid employee | 40 | $217,218 | $73,923 |
| BURL BROWN | DEAN OF OPERATIONAL PROGRAMS Highest-paid employee | 40 | $238,722 | $28,848 |
| STEPHEN ENOS THRU 63024 | EX OFFICIO MBR BOARD OF GOV Trustee or director | 1 | $2,640 | $0 |
| MELVIN KANESHIGE | MEMBER OF BOARD OF GOVERNORS Trustee or director, Officer | 1 | $0 | $0 |
| MARK M MUGIISHI | BOARD OF GOVERNORS CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LISA MK SAKAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director, Officer | 1 | $0 | $0 |
| MARK H YAMAKAWA | BOARD OF GOVERNORS SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOHN C DEAN JR | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| MATTHEW KM EMERSON | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| RIGHT REV ROBERT L FITZPATRICK | EX OFFICIO MBR BOARD OF GOV Trustee or director | 1 | $0 | $0 |
| THOMAS A JERMOLUK THRU 63024 | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| WHITNEY LIMM | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| EUN JOO MILKEN | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| BILL D MILLS THRU 63024 | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| CALVIN S OISHI | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| RAYMOND ONO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| JILL A OTAKE | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| JONATHAN K POE | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| TAKESHI SAEKI | BOARD OF GOVERNORS TREASURER Trustee or director | 1 | $0 | $0 |
| MICHELE SAITO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| EMELDA WONG TRAINOR | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| KENT TSUKAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| ROBERT W WO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| REUBEN WONG | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| JODI SHIN YAMAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| RUSSELL YAMAMOTO | BOARD OF GOVERNORS VICE CHAIR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY R COTTRELL | HEAD OF SCHOOL, EX OFFICIO Trustee or director, Officer | 40 | $631,526 | $330,781 |
| REID GUSHIKEN | CHIEF FINANCIAL OFFICER Key employee | 40 | $284,812 | $72,300 |
| ASTER CHIN | DEAN OF UPPER SCHOOL Highest-paid employee | 40 | $278,779 | $74,348 |
| KIMBERLY HAGI | EXECUTIVE DIR. OF ADVANCEMENT Highest-paid employee | 40 | $246,654 | $44,032 |
| MELANIE PFINGSTEN | DEAN OF LOWER SCHOOL Highest-paid employee | 40 | $213,606 | $66,109 |
| KELLY MONACO | DEAN OF ADMISSION Highest-paid employee | 40 | $208,616 | $53,656 |
| BURL BROWN | DEAN OF OPERATIONAL PROGRAMS Highest-paid employee | 40 | $229,267 | $28,399 |
| MELVIN KANESHIGE | BOARD OF GOVERNORS VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARK M MUGIISHI | BOARD OF GOVERNORS CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LISA MK SAKAMOTO | BOARD OF GOVERNORS TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARK H YAMAKAWA | BOARD OF GOVERNORS SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOHN C DEAN JR | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| RIGHT REV ROBERT L FITZPATRICK | EX OFFICIO MBR BOARD OF GOV Trustee or director | 1 | $0 | $0 |
| THOMAS A JERMOLUK | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| WHITNEY LIMM | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| EUN JOO MILKEN | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| BILL D MILLS | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| DARIN NAKAGAWA THRU 63023 | EX OFFICIO MBR BOARD OF GOV Trustee or director | 1 | $0 | $0 |
| CALVIN S OISHI | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| RAYMOND ONO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| JILL A OTAKE | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| JONATHAN K POE | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| TAKESHI SAEKI | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| MICHELE SAITO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| EMELDA WONG TRAINOR | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| KENT TSUKAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| JENAI S WALL | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| ROBERT W WO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| REUBEN WONG | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| JODI SHIN YAMAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
| RUSSELL YAMAMOTO | MEMBER OF BOARD OF GOVERNORS Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 563 KAMOKU ST, HONOLULU, HI 96826-5245
- In care of
- % WEI LEE-YONAMINE
- Principal officer (990 for 2024)
- REID GUSHIKEN, 563 KAMOKU STREET, HONOLULU, HI 96826
- Signed the 990
- REID GUSHIKEN, CFO
- Phone
- (808) 949-5355
- Website
- WWW.IOLANI.ORG
- Return prepared by
- KPMG LLP
Mission
SEE SCHEDULE O
Program accomplishments
- 'IOLANI WAS FOUNDED IN 1863 AFTER KING KAMEHAMEHA IV AND QUEEN EMMA SET OUT TO ESTABLISH AN ANGLICAN CHURCH IN HAWAII. THE SCHOOL WAS ROOTED IN THREE SMALL SCHOOLS - A LAHAINA SCHOOL ON THE ISLAND OF MAUI, ST. ALBAN'S COLLEGE AND 'IOLANI COLLEGE - FORMED DURING HAWAII'S MONARCHY DAYS.THE SCHOOL'S CAMPUS WAS ONCE LOCATED ON THE GROUNDS OF ST. ANDREW'S CATHEDRAL, MOVED TO NU'UANU, AND THEN FINALLY RELOCATED IN 1946 TO ITS PRESENT 25-ACRE PROPERTY. 'IOLANI WAS ORIGINALLY AN ALL-BOYS SCHOOL, BUT BECAME CO-EDUCATIONAL IN 1979.TODAY, 'IOLANI'S ENROLLMENT HAS GROWN TO APPROXIMATELY 2,300 STUDENTS, WITH ROUGHLY 1,500 IN GRADES 7 - 12. THERE ARE APPROXIMATELY 480 FULL-TIME FACULTY AND STAFF DEDICATED TO STUDENTS FROM DIVERSE BACKGROUNDS ENROLLED IN GRADES K - 12. ROUGHLY 850 PART-TIME OR SEASONAL TEACHERS, AIDES, COACHES, AND STAFF SUPPLEMENT THE SCHOOL'S EXPANSIVE AFTER-SCHOOL, SUMMER, PERFORMING ARTS, ATHLETIC AND EXTRACURRICULAR PROGRAMS. THE SCHOOL'S FACULTY IS HIGHLY QUALIFIED AND COMMITTED TO THEIR STUDENTS WITH RELATIONAL TEACHING A HIGH PRIORITY. TEACHERS ARE ENCOURAGED TO ATTEND CONFERENCES EITHER LOCALLY OR NATIONALLY TO STAY ABREAST OF CURRENT AND EFFECTIVE PEDAGOGIES.'IOLANI UPHOLDS HIGH STANDARDS OF ACADEMIC EXCELLENCE AND IS CONSIDERED AMONGST THE EDUCATIONAL LEADERS IN HAWAII AND AROUND THE WORLD. THE SCHOOL MAINTAINS A HEALTHY FINANCIAL PORTFOLIO AND ATTEMPTS TO KEEP TUITION AS LOW AS POSSIBLE. TUITION COVERS APPROXIMATELY 75% OF THE COST OF EDUCATING A CHILD WITH INVESTMENT EARNINGS FROM THE SCHOOL'S ENDOWMENT AND FUNDRAISING COVERING THE DIFFERENCE BETWEEN TUITION AND THE ACTUAL COST.'IOLANI SCHOOL IS A PRIVATE SCHOOL, YET SERVES THE PUBLIC PURPOSE OF REACHING OUT TO THE COMMUNITY, AS WELL AS BEING A RESOURCE FOR OTHER ORGANIZATIONS. THE SCHOOL IS INCREASINGLY BECOMING MORE GLOBAL, AS STUDENTS ARE CONNECTED BY TECHNOLOGY TO OTHER PARTS OF THE WORLD.IN THE SUMMER OF 2019, THE SCHOOL'S KA'I PROGRAM CELEBRATED ITS 10TH ANNIVERSARY OF SERVING UNDERPRIVILEGED YOUTH IN NEARBY PALOLO VALLEY. THIS PROGRAM BEGAN AS A SUMMER PROGRAM FOR STUDENTS ATTENDING JARRETT MIDDLE SCHOOL, A PUBLIC SCHOOL IN PALOLO. KA'I NOW INCLUDES A SUMMER DAY CARE PROGRAM, AFTER SCHOOL TUTORING DURING THE REGULAR SCHOOL YEAR, AND POST-SECONDARY EDUCATION SUPPORT.IN 2019, 'IOLANI RECEIVED A PRESTIGIOUS EE FORD FOUNDATION EDUCATIONAL LEADERSHIP GRANT FOR ITS AINA-INFORMATICS NETWORK PROGRAM WHICH AIMS TO PROVIDE SCHOOLS WITH THE TOOLS AND RESOURCES TO TEACH GENOME SCIENCE.IN THE FALL OF 2013, THE SCHOOL OPENED THE SULLIVAN CENTER FOR INNOVATION AND LEADERSHIP, A FOUR-STORY, 40,000 SQUARE FOOT GREEN DESIGNED BUILDING OFFERING COLLABORATIVE LEARNING SPACES WHERE STUDENTS LEARN TO BE EFFECTIVE LEADERS THROUGH COURSES EMPHASIZING EMPATHY, INTERPERSONAL COMMUNICATION AND REAL-WORLD PROBLEM SOLVING. THE BUILDING INCLUDES A FABRICATION LAB AND MAKER SPACES, A LIBRARY WITH COLLABORATION ROOMS, FLEXIBLE OPEN LEARNING SPACES, A WET LAB, A MEDIA CENTER, A SEMINAR ROOM, AND A ROOFTOP GARDEN. THE CENTER IS ALSO A COMMUNITY RESOURCE FOR VARIOUS LOCAL AND NATIONAL GROUPS.2013-14 WAS THE FIRST YEAR OF FULL IMPLEMENTATION OF THE I-DEPARTMENT, WHICH PROVIDES STUDENTS WITH ELECTIVES AKIN TO COLLEGE-LEVEL COURSES THAT INSPIRE INNOVATION AND ENTREPRENEURSHIP. THESE CLASSES INCLUDE DESIGN AND FABRICATION, IPAD APP DESIGN AND DEVELOPMENT, APPLIED RENEWABLE ENERGY SYSTEMS, ROBOTICS, THE ONE-MILE CLASS, AND VIDEO GAME DESIGN. IN ADDITION, THE SCHOOL MAINTAINS OUTSTANDING ACADEMIC PROGRAMS IN ENGLISH, WORLD LANGUAGES (CHINESE, JAPANESE, SPANISH, FRENCH, LATIN, HAWAIIAN, AND KOREAN), HEALTH EDUCATION, HISTORY, MATHEMATICS, PERFORMING ARTS, PHYSICAL EDUCATION, RELIGION, SCIENCE AND ATHLETICS. THERE IS AN ACTIVE STUDENT ACTIVITIES OFFICE AND EACH APRIL, 'IOLANI HOLDS A TWO-DAY COMMUNITY FAIR PROVIDING AN OPPORTUNITY TO RAISE FUNDS TO SUPPORT STUDENT TRAVEL INITIATIVES.A RESIDENTIAL HALL AND BOARDING PROGRAM, WITH A CAPACITY FOR 112 STUDENTS, OPENED IN THE 2018-19 SCHOOL YEAR. THE SCHOOL ALSO OPENED A NEW K - 1 COMMUNITY FEATURING LARGE, OPEN CLASSROOMS AND A NATURAL PLAYGROUND THAT ENCOURAGES IMAGINATION AND CREATIVITY IN THE SUMMER OF 2019. IN THE SUMMER OF 2020, THE SCHOOL OPENED TWO NEW BUILDINGS IN ITS LOWER SCHOOL, INCLUDING EXPANDED LEARNING SPACES FOR SCIENCE, RELIGION, READING, TECHNOLOGY, DANCE, AND MUSIC.STUDENT TRAVEL IS A LARGE PART OF THE 'IOLANI EXPERIENCE AS WELL, PROVIDING HANDS-ON EXPERIENCES WITH DIFFERENT CULTURES AND OPPORTUNITIES FOR DEVELOPING GLOBAL CITIZENS. 'IOLANI STUDENTS ARE SEEN AS LEADERS IN THE COMMUNITY AND ARE DEDICATED TO COMMUNITY SERVICE. STUDENT ACCOMPLISHMENTS INCLUDE STATE AND NATIONAL RECOGNITION IN COMPETITIONS SUCH AS MATH LEAGUE, SPEECH AND DEBATE, ROBOTICS, MUSIC, ART. NINETY-NINE PERCENT OF SENIORS ATTEND COLLEGE.DURING THE SUMMER, STUDENTS FROM THROUGHOUT THE STATE AND AROUND THE WORLD ENROLL IN CLASSES. 'IOLANI OFFERS AN EXTENSIVE SUMMER AND AFTER SCHOOL PROGRAM WITH REINFORCEMENT, ENRICHMENT, ELECTIVE AND CREDIT COURSES.'IOLANI SCHOOL IS ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES, AND LICENSED BY THE HAWAII COUNCIL OF PRIVATE SCHOOLS.Expenses $70,581,612 · grants $8,762,915 · revenue $71,087,840
- 'IOLANI OFFERS AN EXTENSIVE SUMMER AND AFTER SCHOOL PROGRAM WITH REINFORCEMENT, ENRICHMENT, ELECTIVE AND CREDIT COURSES. THESE COURSES ARE OPEN TO STUDENTS FROM ALL SCHOOLS AND ARE AVAILABLE ON A FIRST COME FIRST SERVE REGISTRATION BASIS. MORE THAN 2,500 STUDENTS ENROLL EACH YEAR IN 'IOLANI'S SUMMER AND SPECIAL PROGRAMS, WHICH INCLUDE OFFERINGS IN THE FOLLOWING FIELDS: DANCE, PHYSICAL EDUCATION, ART, MATH, READING, ROBOTICS, VIDEO GAME DESIGN, SAT PREPARATION, AND OTHERS. MANY STUDENTS COME FROM THE U.S. MAINLAND AND ASIA TO ENROLL THEIR CHILDREN IN 'IOLANI'S SUMMER PROGRAMS, WHICH UTILIZES TEACHERS WHO ARE EMPLOYED BY 'IOLANI, OTHER INDEPENDENT SCHOOLS, AND PUBLIC SCHOOLS. IN ADDITION, THE KA'I PROGRAM IS A SUMMER MENTORING PARTNERSHIP BETWEEN 'IOLANI AND JARRETT MIDDLE SCHOOL, A NEIGHBORING PUBLIC MIDDLE SCHOOL. THE PERFORMING ARTS DEPARTMENT AT 'IOLANI OFFERS ORCHESTRA, DANCE (HULA, BALLET, JAZZ), STAGE BAND, MARCHING BAND, JAZZ BAND, THEATER, MUSICAL THEATER, AND CHOIR. THESE DIFFERENT DISCIPLINES SHOWCASE THEIR STUDENTS' ABILITIES THROUGH PERFORMANCES HELD EITHER ON CAMPUS OR AT THEATERS AND OTHER VENUES IN THE COMMUNITY. THESE GROUPS ALSO TRAVEL TO THE MAINLAND AND FOREIGN COUNTRIES TO PERFORM. A FALL PLAY AND SPRING MUSICAL ARE PRESENTED EACH YEAR AND AUDITIONS ARE OPEN TO ALL STUDENTS IN UPPER SCHOOL AND, IF REQUIRED BY THE PRODUCTION, THE LOWER SCHOOL. GUEST ARTISTS/TEACHERS VISIT THE SCHOOL THROUGH SPONSORSHIP UNDER THE TAM & YOUNG ARTS CHAIR.Expenses $7,042,102 · revenue $3,849,886
- 'IOLANI IS A MEMBER OF THE INTERSCHOLASTIC LEAGUE OF HONOLULU (ILH). ALL PARTICIPANTS ARE EXPECTED TO FULFILL ALL ATHLETIC REQUIREMENTS, TO DISPLAY GOOD SPORTSMANSHIP, AND TO FOLLOW THE PROGRAM SET FORTH BY COACHES AND THE ATHLETIC DEPARTMENT. THERE ARE OVER 20 VARSITY SPORTS FOR BOYS AND GIRLS, AS WELL AS MANY SPORTS IN THE JUNIOR VARSITY AND INTERMEDIATE GRADE LEVELS.FOR THE LOWER GRADE LEVELS, 'IOLANI PARTICIPATES IN THE CHRISTIAN SCHOOLS ATHLETIC LEAGUE FOR BASKETBALL AND VOLLEYBALL. THERE ARE ALSO OPPORTUNITIES FOR STUDENTS TO PARTICIPATE IN INTRAMURAL SPORTS.THE CAMPUS HOSTS NUMEROUS ATHLETIC TOURNAMENTS AND SPORTING GAMES, WHICH SCHOOLS AND TEAMS FROM ACROSS THE STATE AND AROUND THE WORLD PARTICIPATE IN. SOME EXAMPLES OF HOW THE SCHOOL SHARES ITS RESOURCES INCLUDE: THE 'IOLANI CLASSIC BASKETBALL TOURNAMENT, STATE FORENSICS TOURNAMENT, 'IOLANI INVITATIONAL CROSS COUNTRY MEET, HAWAII EDUCATIONAL SUMMIT, AND MANY MORE.Expenses $3,576,367 · revenue $74,797
- COLLEGE COUNSELINGExpenses $3,886,298
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 99-0073502
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B200)
- Assets (IRS master file)
- $480,623,645
- Income (IRS master file)
- $204,738,849
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $110,832,276 | $101,090,743 | $480,623,645 | IRS |
| 990 | June 2024 | $104,930,602 | $94,286,547 | $449,841,490 | IRS |
| 990 | June 2023 | $99,292,108 | $87,484,359 | $419,655,758 | XML |
| 990 | June 2022 | $95,433,531 | $80,466,054 | $353,549,094 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-0073502).
Questions about IOLANI SCHOOL
- What is the EIN of IOLANI SCHOOL?
- The employer identification number (EIN) of IOLANI SCHOOL is 99-0073502.
- Is IOLANI SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to IOLANI SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IOLANI SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IOLANI SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IOLANI SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of IOLANI SCHOOL?
- The 990 for the year ended June 30, 2025 names REID GUSHIKEN.
- Who are the officers and directors of IOLANI SCHOOL?
- The 990 for the year ended June 30, 2025 lists 31 people; 8 received compensation from the organization, the highest $625,107 (TIMOTHY R COTTRELLTHRU 63025, HEAD OF SCHOOL, EX OFFICIO).
- How much revenue does IOLANI SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $110,832,276, expenses of $101,090,743 and total assets of $480,623,645 at year end.
Other nonprofits in HONOLULU
- TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP EIN 99-0073480 · last filed 990 for 2025
- PUNAHOU SCHOOL EIN 99-0073523 · last filed 990 for 2025
- HAWAII PACIFIC UNIVERSITY EIN 99-0113930 · last filed 990 for 2025
- CHAMINADE UNIVERSITY OF HONOLULU EIN 99-0272261 · last filed 990 for 2025
- HAWAII 3RS EIN 43-1990722 · last filed 990 for 2024
- KEIKI O KA AINA PRESCHOOL INC EIN 99-0327534 · last filed 990 for 2025
- ASSETS SCHOOL EIN 99-6001152 · last filed 990 for 2025
- KCAA PRESCHOOLS OF HAWAII EIN 99-0075242 · last filed 990 for 2025