Island Arts Council

Nonprofit profile at a glance

EIN
911147736
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Greenbank, WA, USA
Phone
2062800262
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts Council/Agency

Official website

Reported finances

Revenue
$246,152
Expenses
$237,366
Assets
$146,808
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • DAVID HUNDLEY (PRESIDENT)

People named in this filing

  • DAVID HUNDLEY (PRESIDENT)
  • BRITT MCKENZIE (SECRETARY)
  • KATRINA HUDE (PAST PRESIDE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of whidbey island arts council (wiac) is to foster local artists and arts organizations through grants, fiscal management, and sponsorship to provide outreach and awareness of the arts and culture on whidbey island. Wiac's diverse arts programs draw visitors from beyond whidbey island with many visiting whidbey specifically to engage with artists across all disciplines and across the island.

What it reported doing in 2024

Visual arts: wiac sponsors 7 programs dedicated to supporting artists pursuits and engaging the public in creative experiences. Langley arts fund provides numerous public installations with wall art, sculpture, colorful art-wrapped utility boxes and improving public access to artwork displays. Soundspace on earth sanctuary is a new venture for a monumental visual art structure designed as an acoustically tuned chamber mound for experiencing the power of sound; the structure will offer acoustical learning, performance and recordings, meditation and singing space as well as sound healing, music therapy, and spiritual growth. Uprise gallery, launched in 2024, is a vibrant gallery space for young artists to learn, create, and display work. Whidbey art market is an evolving group of local fine artists, artisans and craftspeople coming together to share and sell their art with 3 public events in 2024 that attracted 1,500 visitors. Whidbey art trail is a year-round, self-guided tour of 20 working studios, galleries and sculpture parks across scenic whidbey and is supported by a printed map, brochure and easy-to-navigate website. Whidbey island sculpture experience, offers an immersive experience of art in nature with 70 local and international artists on 10 acres and welcomed nearly 200 visitors in 2024. Whidbey working artists' annual studio tour celebrated its 20th year. More than 60 artists welcomed visitors into their studios to explore a range of arts that included textiles, woodwork, painting, sculpture, and photography.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 81.6%; rating input score 82
  • Fundraising efficiency: $206.04 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.6%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 0.62; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 8% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 15.1% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 81.6% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $194K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.