Whidbey Childrens Theater

Whidbey Childrens Theater faces recurring deficits and declining assets despite no executive compensation.

EIN: 200673622 · Langley, WA · NTEE: A65 · Updated: 2026-03-28

$175KRevenue
$43KAssets
70/100Mission Score (Good)
A65

Is Whidbey Childrens Theater Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Whidbey Childrens Theater directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Whidbey Childrens Theater

Whidbey Childrens Theater (EIN: 200673622) is a nonprofit organization based in Langley, WA, classified under NTEE code A65. The organization reported total revenue of $175K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whidbey Childrens Theater's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Whidbey Childrens Theater demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the organization experienced a deficit in its latest fiscal period (202312) with expenses of $197,373 exceeding revenue of $174,519, this is not an isolated incident, as several past years also show expenses outpacing revenue. The organization's assets have also seen a significant decline from $85,562 in 2022 to $42,610 in 2023, indicating a potential strain on its financial reserves. However, the consistent reporting of 0% officer compensation across all available filings suggests a strong dedication to directing funds towards its programs rather than executive salaries, which is a positive indicator of financial transparency and efficiency. The organization's liabilities have remained relatively low compared to its assets in the latest period, which is a good sign, but the overall trend of declining assets and recurring deficits warrants close monitoring. The organization's financial health appears to be in a delicate state, with a pattern of operating deficits in multiple years, including 2023, 2019, 2018, 2017, 2016, 2015, and 2014. This consistent spending beyond its income could lead to long-term sustainability challenges if not addressed. The significant drop in assets from $85,562 to $42,610 in the most recent year is a particular concern. Despite these financial pressures, the absence of officer compensation is a strong positive for transparency and ensures that donor funds are not diverted to high executive salaries. The organization's ability to maintain operations over many years, despite these fluctuations, suggests a resilient community support base, but a strategic review of its financial model may be beneficial to ensure future stability and growth. In terms of spending efficiency, without a detailed breakdown of expenses beyond total revenue and expenses, it's challenging to precisely determine the program, administrative, and fundraising ratios. However, the consistent lack of officer compensation implies a lean operational structure at the top. The organization's long history of filings (13 filings) indicates a commitment to regulatory compliance and transparency in reporting its financial activities to the IRS. The NTEE code A65 (Children's Theater) clearly aligns with its name and mission, suggesting a focused programmatic approach. The primary concern remains the recurring deficits and the recent decline in assets, which could impact its ability to deliver programs effectively in the long run.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Whidbey Childrens Theater with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Whidbey Childrens Theater allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size (latest revenue $174,519).

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 Whidbey Childrens Theater's IRS 990 filings:

Strengths

The following positive indicators were identified for Whidbey Childrens Theater:

Frequently Asked Questions about Whidbey Childrens Theater

Is Whidbey Childrens Theater a legitimate charity?

Based on AI analysis of IRS 990 filings, Whidbey Childrens Theater (EIN: 200673622) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

How does Whidbey Childrens Theater spend its money?

Whidbey Childrens Theater directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Whidbey Childrens Theater tax-deductible?

Whidbey Childrens Theater is registered as a tax-exempt nonprofit (EIN: 200673622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Whidbey Childrens Theater a good charity?

Whidbey Childrens Theater demonstrates strong commitment to its mission by not paying officer compensation. However, it has faced recurring financial deficits and a recent significant decline in assets, which raises concerns about its long-term financial sustainability.

What is the trend in Whidbey Childrens Theater's financial health?

The organization has experienced fluctuating revenues and expenses, with a pattern of operating deficits in many years (e.g., 2023, 2019, 2018, 2017, 2016, 2015, 2014). Its assets have also declined significantly from $85,562 in 2022 to $42,610 in 2023, indicating a weakening financial position.

How does Whidbey Childrens Theater manage executive compensation?

Whidbey Childrens Theater reports 0% officer compensation in all available filings, meaning no salaries are paid to its executives. This is a strong positive for directing funds towards its programs.

Filing History

IRS 990 filing history for Whidbey Childrens Theater showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Whidbey Childrens Theater's revenue has grown by 2.5%, moving from $170K to $175K. Total assets decreased by 74.6% over the same period, from $168K to $43K. Total functional expenses rose by 3.4%, from $191K to $197K. In its most recent filing year (2023), Whidbey Childrens Theater reported a deficit of $23K, with expenses exceeding revenue. The organization holds $6K in liabilities against $43K in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $36K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $175K $197K $43K $6K
2022 $222K $180K $86K $27K View 990
2021 $136K $134K $108K $83K View 990
2020 $82K $68K $94K $71K
2019 $117K $125K $95K $70K View 990
2018 $120K $121K $99K $47K View 990
2017 $152K $161K $103K $93K View 990
2016 $142K $167K $105K $87K View 990
2015 $170K $223K $116K $114K View 990
2014 $127K $183K $120K $64K View 990
2013 $182K $184K $144K $69K View 990
2012 $155K $188K $149K $72K View 990
2011 $170K $191K $168K $58K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Whidbey Childrens Theater 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.

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