Whidbey Childrens Theater

Analysis

Whidbey Childrens Theater is a registered charity in United States, based in Langley, WA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Whidbey Childrens Theater reported income of $175k and spending of $197k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $222k to $175k (-21%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Whidbey Childrens Theater sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Contra Costa Chinese School ($174k), Southwest Ballet Theatre ($175k) and Camden Shipyard and Maritime Museum ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $37k (19% of expenses). Other salaries and wages came to $52k. At year end it held assets of $43k against liabilities of $6,442, net assets of $36k. It reported 5 employees.