Shoreline-lake Forest Park Arts Council is a 501(c)(3) organization based in Shoreline, Washington, registered in 1991, with $460,141 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$460K
▼ 6.8% vs prior year
Expenses (FY2024)
$327K
Net assets
$179K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Shoreline-lake Forest Park Arts Council— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Shoreline-lake Forest Park Arts Council: 7 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Shoreline-lake Forest Park Arts Council— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Shoreline-lake Forest Park Arts Council: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $350K (FY2013) to $460K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
28.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$202K
Total liabilities
$23K
Net assets
$179K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $460,141▼6.8% | $327,347▼45.2% | $179,085▲287% | $202,013▲10.9% | 990 |
| 2023 | $493,468▲6.0% | $597,787▲3.9% | $46,291▼69.3% | $182,199▼15.3% | 990 |
| 2022 | $465,403▼17.3% | $575,125▲8.8% | $150,639▼42.2% | $215,143▼25.5% | 990 |
| 2021 | $562,671▲45.6% | $528,783▲32.6% | $260,479▲15.0% | $288,916▼3.0% | 990 |
| 2020 | $386,465▼12.5% | $398,819▼10.1% | $226,492▼10.7% | $297,732▲7.7% | 990 |
| 2019 | $441,561▲26.2% | $443,594▲23.1% | $253,661▲12.3% | $276,328▲19.4% | 990 |
| 2013 | $349,848 | $360,372▲40.5% | $225,946▼4.5% | $231,515▼4.2% | 990 |
| 2012 | — | $256,515▼14.1% | $236,470▲17.5% | $241,605▲20.1% | 990 |
| 2010 | — | $298,656 | $201,240 | $201,240 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Shoreline-lake Forest Park Arts Council totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2023 | $11,015 |
Explore more
Data for Shoreline-lake Forest Park Arts Council (EIN 91-1475914) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.