Civic Intelligence

Twelfth Avenue Arts Association

990 • Fiscal year 2015 • EIN 46-1303364

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

1620 12th Avenue No 205Seattle, WA 98122

(206) 329-7303

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.02x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

39.10x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

5th percentile

-60%

Higher net margin than 5% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

52nd percentile

$178,355

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 30.4% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

34th percentile

-1.8%

Faster asset growth than 34% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

30%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Down

$22,463,259

Down $401,891 (-1.8%) from 2014

Net Assets

Down

-$465,084

Down $350,544 (-306%) from 2014

Liabilities

Down

$22,928,343

Down $51,347 (-0.2%) from 2014

Revenue

Up

$586,342

Up $133,661 (+30%) from 2014

Expenses

Up

$936,886

Up $615,742 (+192%) from 2014

Net Income

Down

-$350,544

Down $482,081 (-366%) from 2014

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2013: $30,837,679Liabilities 2013: $31,083,756Net Assets 2013: -$246,0772013Assets 2014: $22,865,150Liabilities 2014: $22,979,690Net Assets 2014: -$114,5402014Assets 2015: $22,463,259Liabilities 2015: $22,928,343Net Assets 2015: -$465,0842015Assets 2016: $20,702,026Liabilities 2016: $21,486,585Net Assets 2016: -$784,5592016Assets 2017: $20,076,572Liabilities 2017: $21,187,253Net Assets 2017: -$1,110,6812017Assets 2018: $19,581,727Liabilities 2018: $21,044,997Net Assets 2018: -$1,463,2702018Assets 2019: $18,624,040Liabilities 2019: $20,685,377Net Assets 2019: -$2,061,3372019Assets 2020: $18,721,053Liabilities 2020: $3,912,998Net Assets 2020: $14,808,0552020Assets 2021: $18,347,858Liabilities 2021: $3,812,745Net Assets 2021: $14,535,1132021Assets 2022: $18,282,498Liabilities 2022: $3,657,072Net Assets 2022: $14,625,4262022Assets 2023: $17,703,781Liabilities 2023: $3,539,069Net Assets 2023: $14,164,7122023Assets 2024: $17,560,707Liabilities 2024: $3,421,030Net Assets 2024: $14,139,6772024

Highlighted filing

2015

Assets$22,463,259
Liabilities$22,928,343
Net Assets-$465,084

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2013: $3Expenses 2013: $233,660Net Income 2013: -$233,6572013Revenue 2014: $452,681Expenses 2014: $321,144Net Income 2014: $131,5372014Revenue 2015: $586,342Expenses 2015: $936,886Net Income 2015: -$350,5442015Revenue 2016: $580,195Expenses 2016: $899,670Net Income 2016: -$319,4752016Revenue 2017: $580,248Expenses 2017: $906,370Net Income 2017: -$326,1222017Revenue 2018: $581,002Expenses 2018: $933,591Net Income 2018: -$352,5892018Revenue 2019: $581,282Expenses 2019: $1,179,349Net Income 2019: -$598,0672019Revenue 2020: $17,887,871Expenses 2020: $1,018,479Net Income 2020: $16,869,3922020Revenue 2021: $962,199Expenses 2021: $1,235,141Net Income 2021: -$272,9422021Revenue 2022: $1,120,401Expenses 2022: $1,030,088Net Income 2022: $90,3132022Revenue 2023: $1,126,223Expenses 2023: $1,586,937Net Income 2023: -$460,7142023Revenue 2024: $1,067,782Expenses 2024: $1,092,817Net Income 2024: -$25,0352024

Highlighted filing

2015

Revenue$586,342
Expenses$936,886
Net Income-$350,544
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$586,342
Mission and Program Overview

Mission

To support and assist in the mission of capitol hill housing improvement program, a related organization, by obtaining beneficial financing to strengthen and enrich the capitol hill community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,089,610$19,542,353▼ $547,257
Intangible Assets$1,075,129$1,045,963▼ $29,166
Cash and Non-Interest-Bearing Accounts$1,052,945$938,808▼ $114,137
Accounts Receivable$449,078$738,728▲ $289,650
Prepaid Expenses and Deferred Charges$160,443$128,355▼ $32,088
Savings and Temporary Cash Investments$23,506$23,506→ $0
Total Assets$22,865,150$22,463,259▼ $401,891
Other Assets Total$14,439$45,546▲ $31,107
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,420,412$22,573,465▲ $1,153,053
Other Liabilities$524,698$350,576▼ $174,122
Accounts Payable and Accrued Expenses$1,034,580$4,302▼ $1,030,278
Total Liabilities$22,979,690$22,928,343▼ $51,347
Net Assets / Fund Balance
Unrestricted Net Assets$-114,540$-465,084▼ $350,544
Total Net Assets Fund Balance$-114,540$-465,084▼ $350,544
Total Liabilities and Net Assets / Fund Balance$22,865,150$22,463,259▼ $401,891

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,088,893$541,701$19,630,594
Equipment$453,460$35,063$488,523
Compensation and Service Providers

Employees

NameTitleOtherTotal
Cynthia ChirotCOO$16,835$16,835

Board Members and Trustees

NameTitle
Christopher PersonsPresident
Sierra HansenVice President
Fred PodestaBoard Member
Jill FlemingDeputy Director/CFO
Susan CarySecretary
Joan CaineTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$585,857
Investment Income
$0
Other Revenue
$485
Change in Net Assets
$-350,544

Audited Revenue Reconciliation

Revenue per Audited Statements
$586,342
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$586,342
Total Revenue per Form 990
$586,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$936,886
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$490,513--$490,513
Interest$288,432--$288,432
Fees for Services Management$56,155--$56,155
Fees for Services Accounting$49,580--$49,580
Fees for Services Other$34,057--$34,057
Other Expenses$1,857--$1,857
Office Expenses$816--$816
All Other Expenses$103--$103
Total Functional Expenses$936,886$0$0$936,886

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$936,886
Total Expenses per Audited Statements$936,886
Total Expenses per Form 990$936,886
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Developer Fee Payable$272,729
Accrued Interest$64,435
Due to Affiliate$13,412
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Capitol hill housing improvement program (chhip) performed property management duties. Christopher persons, board president, is an employee of chhip. He was paid $162,814 in 2015.

Form 990, Part VI, Section A, Line 7A

One member of the board is appointed by the executive director of capitol hill housing improvement program and one member is appointed by the director of finance and administrative services of the city of seattle.

Form 990, Part VI, Section B, Line 11

The director of finance of capitol hill housing improvement program, a related entity, reviews the draft form 990. The draft of the 2015 form 990 is then circulated via email to all board members for approval before it is filed with the irs. Approval by each board member will be documented before the return is filed.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy was adopted by the board of directors of the organization through a board resolution. All prospective directors shall disclose any potential conflicts of interest between said prospective director and the corporation. In addition, each current director will, on an annual basis, file a statement disclosing any potential conflicts. The disclosure shall be filed in the office of the corporation. Directors with any actual or apparent conflict will abstain from participating in discussions of, (unless specifically requested by a majority of the other directors at the meeting) or voting upon, any matter in which he/she has an actual or potential conflict of interest. The city designee shall not be deemed to have an actual or potential conflict of interest if a discussion or vote involves the city.

Form 990, Part VI, Section C, Line 19

Twelfth avenue arts association makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Form 990, Part VI, Section B, Line 13

Twelfth avenue arts association relies on the written whistleblower policy of capitol hill housing improvement program, a related organization.

Form 990, Part VI, Section B, Line 14

Twelfth avenue arts association relies on the written document retention and destruction policy of capitol hill housing improvement program, a related organization.

Filing and Contact Details

Filer

Filer Name
Twelfth Avenue Arts Association
EIN
46-1303364
Phone
2063297303
Address
1620 12TH AVENUE NO 205, SEATTLE, WA 98122

Signing Officer

Name
Christopher Persons
Title
President
Phone
2063297303
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Persons
Formed
2012
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
4

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH STREET SUITE 1700, BELLEVUE, WA 98004
Preparer
Kathryn J Ong
Phone
4254544919
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6:

There are four volunteer board members.

Raw XML AppendixShowing 400 of 480 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0585857
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023506
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023506
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2014 AMOUNT: $ 2,678. 2015 AMOUNT: $ 485.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0300000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0300000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0585857
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0150000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0735857
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0485
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02678
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03163
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt01035857
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0585857
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0450000
IRS990ScheduleA/Total509Grp/TotalAmt01035857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0586342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0452681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01039026
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt019088893
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0541701
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019630594
IRS990ScheduleD/EquipmentGrp/BookValueAmt0453460
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035063
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0488523
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0936886
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0272729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt164435
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt213412
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEVELOPER FEE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0586342
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019542353
IRS990ScheduleD/TotalExpensesPerForm990Amt0936886
IRS990ScheduleD/TotalLiabilityAmt0350576
IRS990ScheduleD/TotalRevenuePerForm990Amt0586342
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0586342
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0936886
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0162814
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1138334
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt03256
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt12767
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012285
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt112285
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTOPHER PERSONS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JILL FLEMING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DEPUTY DIRECTOR/CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0178355
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1153386
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RELIES ON A RELATED ORGANIZATION, CAPITOL HILL HOUSING IMPROVEMENT PROGRAM, TO SET THE COMPENSATION OF THE PRESIDENT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE FOUR VOLUNTEER BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CAPITOL HILL HOUSING IMPROVEMENT PROGRAM (CHHIP) PERFORMED PROPERTY MANAGEMENT DUTIES. CHRISTOPHER PERSONS, BOARD PRESIDENT, IS AN EMPLOYEE OF CHHIP. HE WAS PAID $162,814 IN 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONE MEMBER OF THE BOARD IS APPOINTED BY THE EXECUTIVE DIRECTOR OF CAPITOL HILL HOUSING IMPROVEMENT PROGRAM AND ONE MEMBER IS APPOINTED BY THE DIRECTOR OF FINANCE AND ADMINISTRATIVE SERVICES OF THE CITY OF SEATTLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DIRECTOR OF FINANCE OF CAPITOL HILL HOUSING IMPROVEMENT PROGRAM, A RELATED ENTITY, REVIEWS THE DRAFT FORM 990. THE DRAFT OF THE 2015 FORM 990 IS THEN CIRCULATED VIA EMAIL TO ALL BOARD MEMBERS FOR APPROVAL BEFORE IT IS FILED WITH THE IRS. APPROVAL BY EACH BOARD MEMBER WILL BE DOCUMENTED BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY WAS ADOPTED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION THROUGH A BOARD RESOLUTION. ALL PROSPECTIVE DIRECTORS SHALL DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST BETWEEN SAID PROSPECTIVE DIRECTOR AND THE CORPORATION. IN ADDITION, EACH CURRENT DIRECTOR WILL, ON AN ANNUAL BASIS, FILE A STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS. THE DISCLOSURE SHALL BE FILED IN THE OFFICE OF THE CORPORATION. DIRECTORS WITH ANY ACTUAL OR APPARENT CONFLICT WILL ABSTAIN FROM PARTICIPATING IN DISCUSSIONS OF, (UNLESS SPECIFICALLY REQUESTED BY A MAJORITY OF THE OTHER DIRECTORS AT THE MEETING) OR VOTING UPON, ANY MATTER IN WHICH HE/SHE HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE CITY DESIGNEE SHALL NOT BE DEEMED TO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IF A DISCUSSION OR VOTE INVOLVES THE CITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TWELFTH AVENUE ARTS ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TWELFTH AVENUE ARTS ASSOCIATION RELIES ON THE WRITTEN WHISTLEBLOWER POLICY OF CAPITOL HILL HOUSING IMPROVEMENT PROGRAM, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TWELFTH AVENUE ARTS ASSOCIATION RELIES ON THE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY OF CAPITOL HILL HOUSING IMPROVEMENT PROGRAM, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 14
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0TWELFTH AVENUE ARTS ASSOCIATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt012TH AVENUE ARTS ASSOCIATES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt022463259
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0DEVELOP & OPERATE REAL PROPERTY IN LOW-INCOME COMMUNITIES
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0586342
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01620 12TH AVENUE SUITE 205
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0SEATTLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd098122
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CAPITOL HILL HOUSING IMPROVEMENT PROGRAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0910979968
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01620 12TH AVENUE SUITE 205
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SEATTLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098122
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00

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