AArts, Culture & HumanitiesEIN: 870447025· Ruling Year: 1981

Western Folklife Center

Elko, Nevada

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.53×
Peer Median210.95×
💰
$2.2M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$3.6M
Net Assets
📋
$70K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.3%
Year-over-year change (2023 → 2024)
Net Margin
-6.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.53
Net assets divided by total expenses
Liabilities-to-Assets
1.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$2,229,28126%$2,383,56310%$3,707,3892%
2023$1,764,37934%$2,157,53439%$3,773,48710%
2022$1,317,22032%$1,553,11926%$4,175,36710%
2021$1,001,62746%$1,234,81440%$4,620,143
2020$1,871,14517%$2,054,7958%$4,616,2254%
2019$1,593,7485%$1,904,2813%$4,819,2506%
2018$1,686,0795%$1,849,1133%$5,152,8955%
2017$1,608,8408%$1,796,0462%$5,426,489
2016$1,742,07610%$1,765,60110%$5,423,1861%
2015$1,583,79340%$1,956,0008%$5,465,8279%
2014$2,643,98539%$2,116,6794%$5,996,48913%
2013$1,899,61411%$2,029,0242%$5,300,9791%
2012$1,716,155$1,991,618$5,378,461

Frequently Asked Questions

What does Western Folklife Center do?

Western Folklife Center is a arts, culture & humanities nonprofit organization based in Nevada. It is classified under NTEE code A200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Western Folklife Center financially healthy?

Based on our 9-metric Financial Health Score model, Western Folklife Center has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Western Folklife Center generate?

Western Folklife Center reports $2.0M in annual revenue and holds $3.3M in total assets, based on IRS filings.

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