Charity Search / MUKILTEO LIGHTHOUSE FESTIVAL ASSOCIATION
Recreation & Sports (N52) IRS Verified DX Registered 990 on File

MUKILTEO LIGHTHOUSE FESTIVAL ASSOCIATION

EIN: 20-0947463 · MUKILTEO, WA 98275-1263 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 78/100
Reliability (20%) 64/100
Effectiveness (25%) 90/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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MUKILTEO LIGHTHOUSE FESTIVAL ASSOCIATION logo
27
CharityAI™ Score
out of 100
Mission Statement

The Mukilteo Lighthouse Festival Association promotes the Mukilteo Lighthouse Festival while creating unity within the community and providing partnership opportunities for local service groups, businesses and individuals.

Financial Overview — FY 2024
$232K
Total Revenue
$219K
Total Expenses
$94K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 92.2%
Fundraising Efficiency N/A
Operating Reserve 5.16x
Liability-to-Asset 0.0%
Revenue Diversification 69.9%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 9,592 similar organizations (United States, Recreation & Sports, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
92.2% 94.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
7.8% 3.9%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.2 mo 6.4 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
69.9% 89.1%
P10P90
Above median
Revenue growth
Year over year revenue growth
42.4% 8.2%
P10P90
Expense growth
Year over year expense growth
49.3% 9.8%
P10P90
Surplus margin
Surplus as a share of revenue
5.7% 2.8%
P10P90
CharityAI™ Evaluation — 2025
27 / 100
0
Financial
64
Reliability
45
Effectiveness
10
Impact
Financial Strength (30%) 0
Reliability & Transparency (20%) 64
Program Effectiveness (25%) 45
Impact & Outcomes (25%) 10

0 programs

IRS Verified Form 990 on File 80% Data Complete
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $232K $219K $94K 92.2% 1
2023 $163K $146K $81K 83.6% 1
2022 $210K $196K $64K 90.0% 1
2021 $139K $99K N/A 0
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Organization Details
EIN
20-0947463
State
WA
City
MUKILTEO
ZIP
98275-1263
Classification
N52
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2020
Foundation Code
16
Form 990
On File
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