Charity Search / EXCELLENCE INITIATIVE
Arts, Culture & Humanities (A02) 990 on File

EXCELLENCE INITIATIVE

EIN: 83-1718168 · REDMOND, WA 98052-5521 · United States · FY 2024 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 45/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
Claim this Charity
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$19.1M
Total Revenue
$1.5M
Total Expenses
$89.1M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.8%
Fundraising Efficiency N/A
Operating Reserve 699.79x
Liability-to-Asset 0.0%
Revenue Diversification 63.7%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 3,450 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M 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
88.8% 77.9%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
699.8 mo 16.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 10.6%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
63.7% 74.5%
P10P90
Above median
Revenue growth
Year over year revenue growth
16.3% 7.8%
P10P90
Expense growth
Year over year expense growth
663.3% 8.0%
P10P90
Surplus margin
Surplus as a share of revenue
92.0% -0.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $19.1M $1.5M $89.1M 88.8%
2023 $16.5M $200K $71.0M 83.8%
2022 $31.5M $245K $53.6M 75.6% 0
2021 $18.3M $378K N/A 0
2020 $7.9M $39K $13.3M 40.1% 0
Donor Reviews
Write a Review
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
83-1718168
State
WA
City
REDMOND
ZIP
98052-5521
Classification
A02
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
Is this your organization?

Claim it to manage this profile, add your board, financials and impact metrics, and lift your CharityAI™ rating.

Claim this Charity
Back to Search New Search