Anacortes, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ANACORTES ARTS FESTIVAL, founded in 1962, is a small nonprofit in the Arts, Culture & Humanities sector that reported $493K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $710K exceeded revenue, resulting in a 44% operating deficit.
Promote art education and appreciation
The Anacortes Arts Festival occurs annually for the last 62 years, on the first weekend in August. More than 100,00 visitors come come for a three day festival that includes 265 booth artists, three...
The Anacortes Arts Festival occurs annually for the last 62 years, on the first weekend in August. More than 100,00 visitors come come for a three day festival that includes 265 booth artists, three stages of music, a fine art show, youth activities and more. The festival is 100% self funded through booth artist fees, art sales, and sponsorships.
The Anacortes Arts Festival hosts a series of events throughour the year that are a fundraiser for art in Anacortes. Every year there are different events that include concerts, art shows, treasure...
The Anacortes Arts Festival hosts a series of events throughour the year that are a fundraiser for art in Anacortes. Every year there are different events that include concerts, art shows, treasure hunt and a color run. Through this series of events, the Festival funds things such as Local Artists in Schools, theatre field trips, musical performances in schools and art supplies.
Buxton Arts Center is a building rented by Anacortes Arts Festival to provide space for local artists to rent space, a venue for event rentals, and art classes to offered to the public.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $492,876 | $659,787 | -0.3% |
| Expenses | $710,045 | $520,490 | +0.4% |
| Net Income | $-217,169 | $139,297 | -2.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Meredith McIlMoyle | Executive Director | 42 |
Officer
|
$102,411 | $0 | $102,411 |
| Julie Lindsey | Director | 1.5 |
Director
|
$0 | $0 | $0 |
| Mark Lione | President | 2 |
Director
|
$0 | $0 | $0 |
| Mary Staley | Vice President | 4.5 |
Director
|
$0 | $0 | $0 |
| Steve Klein | Director | 2 |
Director
|
$0 | $0 | $0 |
| Jim McDonald | Director | 2 |
Director
|
$0 | $0 | $0 |
| Ora Petersen | Director | 2 |
Director
|
$0 | $0 | $0 |
| John Sternlicht | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Lisa Kuhnlein | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Treva King | Secretary | 2.0 |
Director
|
$0 | $0 | $0 |
| Darlene Mindrum | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Laurie Gere | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Marc Knowles | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $492,876 | $710,045 | $395,211 | $-217,169 |
| 2022 | $659,787 | $520,490 | $591,649 | $139,297 |
| 2021 | $573,195 | $414,011 | $436,946 | $159,184 |
| 2019 | $370,555 | $444,085 | $301,344 | $-73,530 |
| 2018 | $383,786 | $401,632 | $341,668 | $-17,846 |
Compare ANACORTES ARTS FESTIVAL with other nonprofits in Washington and across the country.