Charity Search / LAKE WHITNEY ARTS ASSOCIATION
Arts, Culture & Humanities (A65) 990 on File

LAKE WHITNEY ARTS ASSOCIATION

EIN: 20-1159730 · WHITNEY, TX 76692-1463 · United States · FY 2023 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 72/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$71K
Total Revenue
$36K
Total Expenses
$173K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 99.3%
Fundraising Efficiency N/A
Operating Reserve 57.03x
Liability-to-Asset N/A
Revenue Diversification 53.1%
Compared with Peers
FY 2023
Compared with 16,412 similar organizations (United States, Arts, Culture & Humanities, under $100K in expenses), FY 2023.
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
99.3% 82.0%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
57.0 mo 18.4 mo
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
53.1% 90.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
58.0% 3.8%
P10P90
Expense growth
Year over year expense growth
0.1% 4.9%
P10P90
Surplus margin
Surplus as a share of revenue
48.8% 9.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $71K $36K $173K 99.3% —
2022 $45K $36K $138K 101.1% —
2021 $60K $26K N/A — 1
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Organization Details
EIN
20-1159730
State
TX
City
WHITNEY
ZIP
76692-1463
Classification
A65
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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