Many Hats Collaboration

Nonprofit profile at a glance

EIN
271956431
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Portland, OR, USA
Phone
5034534497
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Theater

Reported finances

Revenue
$97,410
Expenses
$81,564
Assets
$62,575

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • JESSICA WALLENFELS (President)

People named in this filing

  • JESSICA WALLENFELS (President)
  • VIRGINIA BELT (BOARD MEMBER)
  • BETH THOMPSON (Treasurer)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Develop and produce professional theatrical productions for community benefit.

What it reported doing in 2025

The Hatchery - New works development program and festival, free to the public, which served a total of 186 audience members and employed 29 artists. Included support, development and workshop production of EVERYBODY'S EYES ARE ON THE FIRST, a musical satirizing consumerism led by a majority trans creative team. Festival included an all-bodies dance class, a Double Dutch jump rope demonstration from Oregon's only competitive team, and community Happy Hour. We provided ASL interpretation for all events, and performances with Audio Description for Blind/Low Vision patrons.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 100
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.9%; rating input score 59
  • Program expense ratio: 70.4%; rating input score 70

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 16.3%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 0.77; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 14.7%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 2% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 16.1% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 29% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 58.9% of revenue deployed · 70.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $57K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 59/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.