Western Folklife Center

Mission

The Western Folklife Center uses story and cultural expression to connect the American West to the world.

Vision

Explore and give voice to traditional and dynamic cultures of the American West.

Goals

1.Establish a broad channel of distribution for our content and archives through an aggressive media development strategy.
2.Determine the highest and best use of our current facilities to include potential earned revenue generating opportunities.
3.Generate revenue in the amount of $2,117,303 from both earned and contributed sources sufficient to sustain the activity and needs determined within this plan.

Elko NV | EIN: 87-0447025

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

501 Railroad Street,
Elko NV 89801

https://www.westernfolklife.org

775-738-7508

Western Folklife Center

Mission

The Western Folklife Center uses story and cultural expression to connect the American West to the world.

Vision

Explore and give voice to traditional and dynamic cultures of the American West.

Goals

1.Establish a broad channel of distribution for our content and archives through an aggressive media development strategy.
2.Determine the highest and best use of our current facilities to include potential earned revenue generating opportunities.
3.Generate revenue in the amount of $2,117,303 from both earned and contributed sources sufficient to sustain the activity and needs determined within this plan.

Elko NV | EIN: 87-0447025

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

501 Railroad Street,
Elko NV 89801

https://www.westernfolklife.org

775-738-7508

Beacon Report

Great
Good
Needs Improvement
Poor
Not Scored
Additional Information

Program Expense Ratio:73.26% of total expenses

SCORE100%

Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit.

ExpensesFY2022

Administrative: 16.7%
Fundraising: 14.1%
Program: 69.2%

ExpensesFY2023

Administrative: 12.3%
Fundraising: 10.8%
Program: 76.9%

ExpensesFY2024

Administrative: 11.0%
Fundraising: 16.3%
Program: 72.6%

Administrative
Fundraising
Program

Source: Public data from IRS Form 990

Liabilities to Assets Ratio:1.88% of total assets

SCORE100%

Working Capital:1.79 years of reserves

SCORE100%

Fundraising Efficiency:$0.26 to raise a dollar

SCORE79%

Evaluation area metrics
Score	Metric
100%	Program Expense Ratio:73.26% of total expenses Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit. ExpensesFY2022 Administrative: 16.7% Fundraising: 14.1% Program: 69.2% ExpensesFY2023 Administrative: 12.3% Fundraising: 10.8% Program: 76.9% ExpensesFY2024 Administrative: 11.0% Fundraising: 16.3% Program: 72.6% Administrative Fundraising Program Source: Public data from IRS Form 990
100%	Liabilities to Assets Ratio:1.88% of total assets
100%	Working Capital:1.79 years of reserves
79%	Fundraising Efficiency:$0.26 to raise a dollar

Science behind the numbers

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Mission

Mission

Beacon Report