Port Townsend School Of The Arts

EIN: 473067617 · Port Townsend, WA · NTEE: A25

$897KRevenue

$581KAssets

0/100Mission Score (Very Poor)

A25

About Port Townsend School Of The Arts

Port Townsend School Of The Arts (EIN: 473067617) is a nonprofit organization based in Port Townsend, WA, classified under NTEE code A25. The organization reported total revenue of $897K and total assets of $581K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Townsend School Of The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Analysis Pending

AI enrichment for Port Townsend School Of The Arts 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 Port Townsend School Of The Arts 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.

Filing History

IRS 990 filing history for Port Townsend School Of The Arts showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2016–2023), Port Townsend School Of The Arts's revenue has grown by 398.5%, moving from $116K to $578K. Total assets increased by 2432.6% over the same period, from $23K to $578K. Total functional expenses rose by 860.2%, from $108K to $1.0M. In its most recent filing year (2023), Port Townsend School Of The Arts reported a deficit of $456K, with expenses exceeding revenue. The organization holds $24K in liabilities against $578K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $555K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$578K	$1.0M	$578K	$24K	—	—
2022	$816K	$892K	$1.0M	$14K	—	View 990
2021	$1.1M	$838K	$1.2M	$74K	—	—
2020	$682K	$401K	$506K	$24K	—	View 990
2019	$541K	$404K	$213K	$11K	—	View 990
2018	$263K	$263K	$74K	$9K	—	View 990
2017	$190K	$146K	$69K	$4K	—	View 990
2016	$116K	$108K	$23K	$2K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $578K, expenses of $1.0M, and assets of $578K (revenue -29.3% year-over-year).
2022: Revenue of $816K, expenses of $892K, and assets of $1.0M (revenue -22.3% year-over-year).
2021: Revenue of $1.1M, expenses of $838K, and assets of $1.2M (revenue +54.1% year-over-year).
2020: Revenue of $682K, expenses of $401K, and assets of $506K (revenue +26.0% year-over-year).
2019: Revenue of $541K, expenses of $404K, and assets of $213K (revenue +105.8% year-over-year).
2018: Revenue of $263K, expenses of $263K, and assets of $74K (revenue +38.5% year-over-year).
2017: Revenue of $190K, expenses of $146K, and assets of $69K (revenue +63.7% year-over-year).
2016: Revenue of $116K, expenses of $108K, and assets of $23K.

Data Sources and Methodology

This transparency report for Port Townsend School Of The Arts 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.