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

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Whidbey Childrens Theater Financial Summary
MetricValue
Total Revenue$175K
Total Expenses$197K
Program Spending80%
CEO/Top Officer Pay$174,519
Net Assets$36K
Transparency Score70/100

Search Intent Cockpit

Whidbey Childrens Theater Form 990, Revenue, CEO Pay, and IRS Filing Signals

Whidbey Childrens Theater is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Whidbey Childrens Theater in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $175K and expenses of $197K.

Revenue and Expenses

Whidbey Childrens Theater reported $175K in revenue and $197K in expenses, a deficit of $23K.

Executive Compensation

Top officer compensation appears as $174,519 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

70/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

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 →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Whidbey Childrens Theater Expense Deployment
Program services$158K (80%)

Across stored filings, Whidbey Childrens Theater shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Whidbey Childrens Theater Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade C13 stored filing years
Peer contextCompare with Okanogan Regional HumaneWashington and Arts & Culture context

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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.

Organization Overview

22Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Whidbey Childrens Theater is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$175K
Total Expenses$197K
Surplus / Deficit$-22,854
Total Assets$43K
Total Liabilities$6K
Net Assets$36K
Operating Margin-13.1%
Debt-to-Asset Ratio15.1%
Months of Reserves2.6 months

Financial Health Grade: C

In 2023, Whidbey Childrens Theater reported a deficit of $23K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 15.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Whidbey Childrens Theater's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-21.5%+9.4%-50.2%
2022+63.8%+34.9%-21.0%
2021+65.4%+96.5%+15.7%
2020-30.1%-45.5%-1.5%
2019-2.2%+3.3%-4.1%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$175KTotal Revenue
$197KTotal Expenses
$43KTotal Assets
$6KTotal Liabilities
$36KNet Assets
  • The organization reported a deficit of $23K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 15.1%.

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:

  • Recurring operating deficits, with expenses exceeding revenue in multiple years (e.g., 2023, 2019, 2018, 2017, 2016, 2015, 2014).
  • Significant decline in assets from $85,562 in 2022 to $42,610 in 2023, indicating a reduction in financial reserves.
  • Latest fiscal period (202312) shows a deficit of $22,854 ($174,519 revenue vs. $197,373 expenses).

Strengths

The following positive indicators were identified for Whidbey Childrens Theater:

  • Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive spending.
  • Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
  • Clear alignment between organization name, NTEE code (A65 - Children's Theater), and mission.

Frequently Asked Questions about Whidbey Childrens Theater

Is Whidbey Childrens Theater a legitimate charity?

Whidbey Childrens Theater (EIN: 200673622) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $175K. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does Whidbey Childrens Theater spend its money?

Whidbey Childrens Theater directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

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.

How much does the Whidbey Childrens Theater CEO make?

Whidbey Childrens Theater's highest-compensated officer earns $174,519 annually. The organization reported $175K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Whidbey Childrens Theater's spending goes to programs?

Whidbey Childrens Theater directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Whidbey Childrens Theater compare to similar nonprofits?

With a transparency score of 70/100 (Good), Whidbey Childrens Theater is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Whidbey Childrens Theater located?

Whidbey Childrens Theater is headquartered in Langley, Washington and files with the IRS under EIN 200673622. It is classified under NTEE code A65.

How many years of IRS 990 filings does Whidbey Childrens Theater have?

Whidbey Childrens Theater has 13 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 $175K in total revenue.

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

  • 2023: Revenue of $175K, expenses of $197K, and assets of $43K (revenue -21.5% year-over-year).
  • 2022: Revenue of $222K, expenses of $180K, and assets of $86K (revenue +63.8% year-over-year).
  • 2021: Revenue of $136K, expenses of $134K, and assets of $108K (revenue +65.4% year-over-year).
  • 2020: Revenue of $82K, expenses of $68K, and assets of $94K (revenue -30.1% year-over-year).
  • 2019: Revenue of $117K, expenses of $125K, and assets of $95K (revenue -2.2% year-over-year).
  • 2018: Revenue of $120K, expenses of $121K, and assets of $99K (revenue -21.2% year-over-year).
  • 2017: Revenue of $152K, expenses of $161K, and assets of $103K (revenue +7.1% year-over-year).
  • 2016: Revenue of $142K, expenses of $167K, and assets of $105K (revenue -16.5% year-over-year).
  • 2015: Revenue of $170K, expenses of $223K, and assets of $116K (revenue +33.5% year-over-year).
  • 2014: Revenue of $127K, expenses of $183K, and assets of $120K (revenue -30.0% year-over-year).
  • 2013: Revenue of $182K, expenses of $184K, and assets of $144K (revenue +17.2% year-over-year).
  • 2012: Revenue of $155K, expenses of $188K, and assets of $149K (revenue -8.8% year-over-year).
  • 2011: Revenue of $170K, expenses of $191K, and assets of $168K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Whidbey Childrens Theater:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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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