Whim N Rhythm Inc is a 501(c)(3) organization based in Carpinteria, California, registered in 1998, with $148,729 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$149K
▲ 155.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$106K
Net assets
$89K
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 Whim N Rhythm Inc— 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 Whim N Rhythm Inc: 10 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 Whim N Rhythm Inc— 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 Whim N Rhythm Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $10K (FY2020) to $149K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
28.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$96K
Total liabilities
$6,275
Net assets
$89K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $148,729▲156% | $106,012▲84.1% | $89,379▲91.5% | $95,654▲102% | 990EZ |
| 2023 | $58,184▲17.2% | $57,595▼11.5% | $46,662▲1.3% | $47,356▲2.8% | 990EZ |
| 2022 | $49,644▲18.8% | $65,082▼27.8% | $46,073▼25.1% | $46,073▼25.1% | 990EZ |
| 2021 | $41,793▲313% | $90,141▲1598% | $61,511▼44.0% | $61,511▼44.0% | 990EZ |
| 2020 | $10,128 | $5,309 | $109,859 | $109,859 | 990EZ |
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.
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Data for Whim N Rhythm Inc (EIN 74-2792142) 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.