Waimea Community Theatre
Nonprofit profile at a glance
- EIN
- 237079250
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Kamuela, HI, USA
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $76,143
- Expenses
- $51,261
- Assets
- $73,240
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Michael Opstrup (President)
- Justin Henshaw (Vice President)
People named in this filing
- Michael Opstrup (President)
- Justin Henshaw (Vice President)
- Jeffrey Kay (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Waimea Community Theatre provides accessible, high quality theatrical experiences for the Hawai'i Island community through live performances, arts education, and opportunities for residents of all ages to participate in and learn about the performing arts.
What it reported doing in 2024
Produced a season of community theatre productions featuring local performers, musicians, and volunteers. Activities included casting, rehearsals, set and costume construction, technical production, and public performances. These productions provided affordable arts experiences to the community and meaningful creative opportunities for participants. During the year, the theatre presented 3 productions serving an estimated 1000 audience members.
Operating model
- Revenue model
- Donor-supported. 79% 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.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 65
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.1%; rating input score 61
- Program expense ratio: 90.7%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 32.7%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.43; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 8.2%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 61.1% of revenue deployed · 90.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $47K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 4 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 — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 10/100.