Historic Whidbey

Analysis

Historic Whidbey is a registered charity in United States, based in Coupeville, WA. It received its IRS tax-exemption ruling in May 2014, 12 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, Historic Whidbey reported income of $207k and spending of $107k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $207k (+176%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 152%. Over the whole period it spent 37% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Whidbey sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Music Conservatory of Coeur D Alene Inc ($207k), Cary Players Inc ($207k) and Bas Fisher Invitational ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (53% of expenses). At year end it held assets of $922k against liabilities of $42k, net assets of $881k. It reported 1 employees.