Island Shakespeare Festival
EIN: 463267929 · Langley, WA · NTEE: A65
Is Island Shakespeare Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Island Shakespeare Festival
Island Shakespeare Festival (EIN: 463267929) is a nonprofit organization based in Langley, WA, classified under NTEE code A65. The organization reported total revenue of $439K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Island Shakespeare Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Island Shakespeare Festival has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Island Shakespeare Festival with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Island Shakespeare Festival
Is Island Shakespeare Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Island Shakespeare Festival (EIN: 463267929) insufficient data. 0 red flags identified, 0 strengths noted.
How does Island Shakespeare Festival spend its money?
Detailed spending breakdown data is not yet available for Island Shakespeare Festival. Check back for updated IRS 990 analysis.
Are donations to Island Shakespeare Festival tax-deductible?
Island Shakespeare Festival is registered as a tax-exempt nonprofit (EIN: 463267929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Island Shakespeare Festival showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Island Shakespeare Festival's revenue has grown by 317.5%, moving from $74K to $307K. Total assets decreased by 60.7% over the same period, from $49K to $19K. Total functional expenses rose by 1050.5%, from $38K to $435K. In its most recent filing year (2023), Island Shakespeare Festival reported a deficit of $128K, with expenses exceeding revenue. The organization holds $94K in liabilities against $19K in assets (debt-to-asset ratio: 488.9%), resulting in net assets of $-74,676.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $307K | $435K | $19K | $94K | — | — |
| 2022 | $397K | $384K | $121K | $67K | — | View 990 |
| 2021 | $191K | $222K | $106K | $65K | — | View 990 |
| 2020 | $171K | $135K | $137K | $64K | — | View 990 |
| 2019 | $253K | $293K | $54K | $18K | — | View 990 |
| 2018 | $261K | $256K | $97K | $21K | — | View 990 |
| 2017 | $227K | $198K | $73K | $2K | — | View 990 |
| 2016 | $228K | $180K | $68K | $25K | — | View 990 |
| 2015 | $112K | $117K | $50K | $56K | — | View 990 |
| 2014 | $70K | $90K | $52K | $52K | — | View 990 |
| 2013 | $74K | $38K | $49K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $307K, expenses of $435K, and assets of $19K (revenue -22.7% year-over-year).
- 2022: Revenue of $397K, expenses of $384K, and assets of $121K (revenue +108.4% year-over-year).
- 2021: Revenue of $191K, expenses of $222K, and assets of $106K (revenue +11.4% year-over-year).
- 2020: Revenue of $171K, expenses of $135K, and assets of $137K (revenue -32.6% year-over-year).
- 2019: Revenue of $253K, expenses of $293K, and assets of $54K (revenue -3.0% year-over-year).
- 2018: Revenue of $261K, expenses of $256K, and assets of $97K (revenue +15.0% year-over-year).
- 2017: Revenue of $227K, expenses of $198K, and assets of $73K (revenue -0.2% year-over-year).
- 2016: Revenue of $228K, expenses of $180K, and assets of $68K (revenue +103.6% year-over-year).
- 2015: Revenue of $112K, expenses of $117K, and assets of $50K (revenue +59.8% year-over-year).
- 2014: Revenue of $70K, expenses of $90K, and assets of $52K (revenue -4.8% year-over-year).
- 2013: Revenue of $74K, expenses of $38K, and assets of $49K.
Data Sources and Methodology
This transparency report for Island Shakespeare Festival is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.