Civic Intelligence

Baay

990 • Fiscal year 2023 • EIN 38-3868071

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 12, 2024

1059 North State StreetBellingham, WA 98225

(360) 306-8531

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.21x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

69th percentile

16%

Higher net margin than 69% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$32,840

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

80th percentile

33%

Faster asset growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

75th percentile

35%

Faster revenue growth than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$429,022

Up $105,433 (+33%) from 2022

Net Assets

Up

$336,888

Up $69,696 (+26%) from 2022

Liabilities

Up

$92,134

Up $35,737 (+63%) from 2022

Revenue

Up

$449,067

Up $116,155 (+35%) from 2022

Expenses

Up

$379,398

Up $79,032 (+26%) from 2022

Net Income

Up

$69,669

Up $37,123 (+114%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2014: $637Liabilities 2014: $6,388Net Assets 2014: -$5,7512014Assets 2015: -$8,495Liabilities 2015: $10,380Net Assets 2015: -$18,8752015Assets 2016: $7,117Liabilities 2016: $10,380Net Assets 2016: -$3,2632016Assets 2017: $33,327Liabilities 2017: $2,653Net Assets 2017: $30,6742017Assets 2018: $19,671Liabilities 2018: $3,410Net Assets 2018: $16,2612018Assets 2019: $36,780Liabilities 2019: $25,853Net Assets 2019: $10,9272019Assets 2020: $79,790Liabilities 2020: $34,521Net Assets 2020: $45,2692020Assets 2021: $238,826Liabilities 2021: $4,180Net Assets 2021: $234,6462021Assets 2022: $323,589Liabilities 2022: $56,397Net Assets 2022: $267,1922022Assets 2023: $429,022Liabilities 2023: $92,134Net Assets 2023: $336,8882023Assets 2024: $447,330Liabilities 2024: $110,090Net Assets 2024: $337,2402024Assets 2025: $571,360Liabilities 2025: $118,591Net Assets 2025: $452,7692025

Highlighted filing

2023

Assets$429,022
Liabilities$92,134
Net Assets$336,888

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $288,467Expenses 2014: $294,218Net Income 2014: -$5,7512014Revenue 2015: $320,376Expenses 2015: $330,478Net Income 2015: -$10,1022015Revenue 2016: $427,538Expenses 2016: $415,553Net Income 2016: $11,9852016Revenue 2017: $445,055Expenses 2017: $407,491Net Income 2017: $37,5642017Revenue 2018: $397,015Expenses 2018: $411,428Net Income 2018: -$14,4132018Revenue 2019: $416,648Expenses 2019: $421,982Net Income 2019: -$5,3342019Revenue 2020: $368,345Expenses 2020: $334,003Net Income 2020: $34,3422020Revenue 2021: $344,355Expenses 2021: $160,110Net Income 2021: $184,2452021Revenue 2022: $332,912Expenses 2022: $300,366Net Income 2022: $32,5462022Revenue 2023: $449,067Expenses 2023: $379,398Net Income 2023: $69,6692023Revenue 2024: $528,882Expenses 2024: $528,530Net Income 2024: $3522024Revenue 2025: $809,765Expenses 2025: $694,236Net Income 2025: $115,5292025

Highlighted filing

2023

Revenue$449,067
Expenses$379,398
Net Income$69,669
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 12, 2024
Return Version
2022v5.0
Gross Receipts
$465,498
Mission and Program Overview

Mission

Baays mission is to enrich the lives of children through exploration of the arts. We are committed to helping young people grow confidence, creativity, character and a strong sense of community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$314,950$418,733▲ $103,783
Land, Buildings, and Equipment, Net$11,490$10,289▼ $1,201
Accounts Receivable$-2,851--
Total Assets$323,589$429,022▲ $105,433
Liabilities
Accounts Payable and Accrued Expenses$56,397$92,134▲ $35,737
Total Liabilities$56,397$92,134▲ $35,737
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$267,192$336,888▲ $69,696
Total Net Assets Fund Balance$267,192$336,888▲ $69,696
Total Liabilities and Net Assets / Fund Balance$323,589$429,022▲ $105,433

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$10,289$8,320$18,609
Equipment-$7,500$7,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Juliette MachadoExecutive DirectorPT$32,840$32,840

Board Members and Trustees

NameTitle
Dan BradyPresident
Lynda PurdieVice President
Analisa FicklinDirector
Anna EvansDirector
Denisa AndersonDirector
Johnathon LyonsDirector
Kathleen LyonsDirector
Latisha GuthrieDirector
Abby CaramSecretary
Erin KennedyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,182
Program Service Revenue
$294,181
Investment Income
$2,319
Other Revenue
$34,385
All Other Contributions
$54,932
Change in Net Assets
$69,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$251,870
Other Expenses$127,528
Total Fundraising Expense$52,939
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,121$34,650$47,063$220,834
Occupancy$13,124$55,494-$68,618
Other Expenses$35,905--$35,905
Payroll Taxes$20,868$4,292$5,876$31,036
Office Expenses$101$11,005-$11,106
Insurance-$6,785-$6,785
Fees for Services Other$300$2,299-$2,599
Advertising-$1,314-$1,314
Depreciation Depletion-$1,201-$1,201
Total Functional Expenses$209,419$117,040$52,939$379,398
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,015
Fundraising Direct Expenses$16,431
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boundry Bay$26,015$26,015$10,764$15,251
Total Events$26,015$26,015$16,431$9,584
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

An electronic copy of the final draft form 990 is circulated among board members prior to submitting the return to the irs.

Conflict of interest policy compliance Part VI line 12C

Our board members disclose potential conflicts of interest at our monthly board meetings. These potential conflicts are discussed by the board and taken into account before voting on decisions that may involve said conflicts. Board members with identified conflicts of interest are excused from voting on related issues, and are asked to leave the room while discussion and voting take place.

CEO executive director top management comp Part VI line 15A

In the summer of 2023, baay transitioned from a shared leadership structure (operations director and artistic director) to an executive director. Our executive director compensation was determined at a board meeting where comparable salaries were presented, and baays budget and all other information reviewed by our finance and governance committees before a compensation proposal was made. The board voted to approve the final proposal.

Governing documents etc available to public Part VI line 19

All baays governing documents are available on request.

Filing and Contact Details

Filer

Filer Name
Baay
EIN
38-3868071
Address
1059 NORTH STATE STREET, BELLINGHAM, WA 98225
Doing Business As
Bellingham Arts Academy for Yo

Signing Officer

Name
Juliette Machado
Title
Executive Direc
Phone
3603068531
Signed
2024-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juliette Machado
Formed
2011
Legal Domicile
Wa
Voting Board Members
10
Independent Board Members
10
Employees
30
Volunteers
100

Preparer

Firm
Avlon Finance Inc PS
Address
303 Potter Street, Bellingham, WA 98225
Preparer
Lionel Thompson
Phone
3606039537
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

Part iii, line 1 - baays mission is to enrich the lives of children through the exploration of the arts. Our goal is to provide a safe and welcoming space for children to expand their creative horizons, grow in confidence and character, and develop a strong sense of community with their peers. We fulfill this mission by offering programs in theatre, dance, choir, music, and visual arts for ages 5-18. Baays programs focus on youth development and mentoring, and offer opportunities for youth leadership. We believe that every child deserves access to high quality arts education, and we actively seek to expand our outreach to underserved populations in our community. We offer financial assistance in the form of tuition waivers for students who would not otherwise be able to participate.

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IRS990/ProgSrvcAccomActy2Grp/Desc0BAAY EDUARTS: THE EDUARTS AFTER-SCHOOL ENRICHMENT PROGRAM CARRIES BAAYS PHILOSOPHY AND LEARNING ENVIRONMENT INTO LOCAL SCHOOLS. THROUGH THIS PROGRAM, WE OFFER PERFORMING AND VISUAL ARTS CLASSES AFTER REGULAR SCHOOL HOURS, ON SCHOOL CAMPUSES, TO SUPPLEMENT STUDENTS EDUCATIONS AND PROVIDE CHILD CARE. AFTER A YEAR OF REBUILDING THE PROGRAM FOLLOWING THE COVID-19 PANDEMIC, BAAY EDUARTS EXPERIENCED MUCH GROWTH DURING THE 2022-2023 SCHOOL YEAR. BAAY HIRED A NEW PROGRAM COORDINATOR WHOSE SOLE FOCUS IS COORDINATING THESE CLASSES AND BUILDING PARTNERSHIPS WITH LOCAL SCHOOLS. WE OFFERED 5 CLASSES IN THE FALL SESSION, 12 CLASSES IN THE WINTER, AND 16 IN THE SPRING. A TOTAL OF 317 STUDENTS PARTICIPATED IN THESE EDUARTS PROGRAMS AND CLASSES INCLUDED THEATRE, IMPROV, GUITAR, UKULELE, AND VISUAL ARTS. BAAY WAS ABLE TO LEVERAGE GRANT SUPPORT RECEIVED TO INCREASE ACCESS AND PROVIDED 7 TUITION-FREE CLASSES IN TITLE-I SCHOOLS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN ELECTRONIC COPY OF THE FINAL DRAFT FORM 990 IS CIRCULATED AMONG BOARD MEMBERS PRIOR TO SUBMITTING THE RETURN TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR BOARD MEMBERS DISCLOSE POTENTIAL CONFLICTS OF INTEREST AT OUR MONTHLY BOARD MEETINGS. THESE POTENTIAL CONFLICTS ARE DISCUSSED BY THE BOARD AND TAKEN INTO ACCOUNT BEFORE VOTING ON DECISIONS THAT MAY INVOLVE SAID CONFLICTS. BOARD MEMBERS WITH IDENTIFIED CONFLICTS OF INTEREST ARE EXCUSED FROM VOTING ON RELATED ISSUES, AND ARE ASKED TO LEAVE THE ROOM WHILE DISCUSSION AND VOTING TAKE PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN THE SUMMER OF 2023, BAAY TRANSITIONED FROM A SHARED LEADERSHIP STRUCTURE (OPERATIONS DIRECTOR AND ARTISTIC DIRECTOR) TO AN EXECUTIVE DIRECTOR. OUR EXECUTIVE DIRECTOR COMPENSATION WAS DETERMINED AT A BOARD MEETING WHERE COMPARABLE SALARIES WERE PRESENTED, AND BAAYS BUDGET AND ALL OTHER INFORMATION REVIEWED BY OUR FINANCE AND GOVERNANCE COMMITTEES BEFORE A COMPENSATION PROPOSAL WAS MADE. THE BOARD VOTED TO APPROVE THE FINAL PROPOSAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BAAYS GOVERNING DOCUMENTS ARE AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PART III, LINE 1 - BAAYS MISSION IS TO ENRICH THE LIVES OF CHILDREN THROUGH THE EXPLORATION OF THE ARTS. OUR GOAL IS TO PROVIDE A SAFE AND WELCOMING SPACE FOR CHILDREN TO EXPAND THEIR CREATIVE HORIZONS, GROW IN CONFIDENCE AND CHARACTER, AND DEVELOP A STRONG SENSE OF COMMUNITY WITH THEIR PEERS. WE FULFILL THIS MISSION BY OFFERING PROGRAMS IN THEATRE, DANCE, CHOIR, MUSIC, AND VISUAL ARTS FOR AGES 5-18. BAAYS PROGRAMS FOCUS ON YOUTH DEVELOPMENT AND MENTORING, AND OFFER OPPORTUNITIES FOR YOUTH LEADERSHIP. WE BELIEVE THAT EVERY CHILD DESERVES ACCESS TO HIGH QUALITY ARTS EDUCATION, AND WE ACTIVELY SEEK TO EXPAND OUR OUTREACH TO UNDERSERVED POPULATIONS IN OUR COMMUNITY. WE OFFER FINANCIAL ASSISTANCE IN THE FORM OF TUITION WAIVERS FOR STUDENTS WHO WOULD NOT OTHERWISE BE ABLE TO PARTICIPATE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part III response or note to any other line in Part III
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