Moisture Festival
Moisture Festival maintains stable finances with no reported officer compensation, experiencing a recent deficit after years of balanced budgets.
EIN: 203366934 · Seattle, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $453K |
| Total Expenses | $524K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $155K |
| Transparency Score | 85/100 |
Is Moisture Festival Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Moisture Festival directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Moisture Festival
Moisture Festival (EIN: 203366934) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $453K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moisture Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Moisture Festival is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $524K |
| Surplus / Deficit | $-58,885 |
| Total Assets | $156K |
| Total Liabilities | $757 |
| Net Assets | $155K |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2024, Moisture Festival reported a deficit of $59K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Moisture Festival's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -11.1% | +0.7% | -29.5% |
| 2023 | -0.2% | +25.1% | +1.1% |
| 2022 | +488.6% | +256.0% | +32.2% |
| 2021 | -60.5% | -46.1% | +3.7% |
| 2020 | -46.5% | -43.5% | +30.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Moisture Festival with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Moisture Festival allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led leadership or a structure where top executives are not compensated, which is highly unusual for an organization with annual revenues exceeding $400,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Moisture Festival's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and could indicate a lack of professional staffing or alternative compensation structures not transparently reported as officer pay.
- The deficit in the 202406 period ($58,885) where expenses ($523,978) significantly exceeded revenue ($465,093) warrants monitoring to ensure it's not a recurring trend.
Strengths
The following positive indicators were identified for Moisture Festival:
- Strong program focus implied by the absence of officer compensation, suggesting resources are directed towards mission delivery.
- Consistent financial reporting over 14 periods demonstrates a high level of transparency and accountability.
- Generally stable revenue streams, with most years showing revenues between $350,000 and $520,000, indicating a resilient funding base.
- Healthy asset growth, reaching $156,109 in the 202406 period, providing a financial cushion.
- Low liabilities relative to assets in most periods, indicating sound financial management and minimal debt burden.
Frequently Asked Questions about Moisture Festival
Is Moisture Festival a legitimate charity?
Moisture Festival (EIN: 203366934) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $453K. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Moisture Festival spend its money?
Moisture Festival directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Moisture Festival tax-deductible?
Moisture Festival is registered as a tax-exempt nonprofit (EIN: 203366934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Moisture Festival CEO make?
Moisture Festival's highest-compensated officer earns $400,000. annually. The organization reported $453K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Moisture Festival's spending goes to programs?
Moisture Festival directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Moisture Festival located?
Moisture Festival is headquartered in Seattle, Washington and files with the IRS under EIN 203366934.
How many years of IRS 990 filings does Moisture Festival have?
Moisture Festival has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $453K in total revenue.
How does Moisture Festival manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or that compensation for key roles is structured in a way that isn't reported as officer compensation on the 990, such as through contractor payments. This is a significant indicator of a lean operational model.
What caused the expense increase and revenue decrease in the 202406 period?
In the 202406 period, expenses increased to $523,978 while revenue was $465,093, resulting in a deficit. This contrasts with the prior two periods where revenue exceeded or closely matched expenses. Further detail from the 990 would be needed to understand if this was due to specific program investments, unexpected costs, or a temporary dip in fundraising.
What is the organization's NTEE code and how does it align with its mission?
The NTEE code is unknown, which makes it difficult to benchmark the organization against similar nonprofits. Understanding its specific NTEE code would provide better context for its mission and operational focus within the nonprofit sector.
Filing History
IRS 990 filing history for Moisture Festival showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Moisture Festival's revenue has grown by 65.6%, moving from $281K to $465K. Total assets increased by 249% over the same period, from $45K to $156K. Total functional expenses rose by 95.7%, from $268K to $524K. In its most recent filing year (2024), Moisture Festival reported a deficit of $59K, with expenses exceeding revenue. The organization holds $757 in liabilities against $156K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $465K | $524K | $156K | $757 | — | — |
| 2023 | $523K | $520K | $222K | $7K | — | — |
| 2022 | $524K | $416K | $219K | $8K | — | View 990 |
| 2021 | $89K | $117K | $166K | $62K | — | View 990 |
| 2020 | $225K | $217K | $160K | $29K | — | View 990 |
| 2019 | $422K | $384K | $123K | $5K | — | View 990 |
| 2018 | $381K | $370K | $83K | $6K | — | View 990 |
| 2017 | $380K | $400K | $72K | $10K | — | View 990 |
| 2016 | $364K | $370K | $81K | $5K | — | View 990 |
| 2015 | $357K | $381K | $84K | $5K | — | View 990 |
| 2014 | $359K | $337K | $105K | $8K | — | View 990 |
| 2013 | $351K | $350K | $78K | $2K | — | View 990 |
| 2012 | $343K | $313K | $74K | $627 | — | View 990 |
| 2011 | $281K | $268K | $45K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $465K, expenses of $524K, and assets of $156K (revenue -11.1% year-over-year).
- 2023: Revenue of $523K, expenses of $520K, and assets of $222K (revenue -0.2% year-over-year).
- 2022: Revenue of $524K, expenses of $416K, and assets of $219K (revenue +488.6% year-over-year).
- 2021: Revenue of $89K, expenses of $117K, and assets of $166K (revenue -60.5% year-over-year).
- 2020: Revenue of $225K, expenses of $217K, and assets of $160K (revenue -46.5% year-over-year).
- 2019: Revenue of $422K, expenses of $384K, and assets of $123K (revenue +10.7% year-over-year).
- 2018: Revenue of $381K, expenses of $370K, and assets of $83K (revenue +0.2% year-over-year).
- 2017: Revenue of $380K, expenses of $400K, and assets of $72K (revenue +4.6% year-over-year).
- 2016: Revenue of $364K, expenses of $370K, and assets of $81K (revenue +2.0% year-over-year).
- 2015: Revenue of $357K, expenses of $381K, and assets of $84K (revenue -0.8% year-over-year).
- 2014: Revenue of $359K, expenses of $337K, and assets of $105K (revenue +2.3% year-over-year).
- 2013: Revenue of $351K, expenses of $350K, and assets of $78K (revenue +2.2% year-over-year).
- 2012: Revenue of $343K, expenses of $313K, and assets of $74K (revenue +22.3% year-over-year).
- 2011: Revenue of $281K, expenses of $268K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Moisture Festival:
Data Sources and Methodology
This transparency report for Moisture 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.