Civic Intelligence

1448 Projects

EIN 47-1204467 • 501(c)3 • Seattle, WA

Pub. 78 Eligible

Profile

The 14/48 Projects uses unconventional structures to create events that strengthen the artistic community and transcend audience expectations.

PO Box 80325Seattle, WA 98108

www.the1448projects.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

1.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

29th percentile

-12%

Higher net margin than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

95th percentile

167%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$36,106

Up $22,606 (+167%) from 2024

Liabilities

Up

$36,106

Up $22,606 (+167%) from 2024

Net Assets

Flat

$0

Flat from 2024

Revenue

Up

$145,928

Up $37,225 (+34%) from 2024

Expenses

Up

$163,590

Up $18,691 (+13%) from 2024

Net Income

Up

-$17,662

Up $18,534 (+51%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2017: $17,690Liabilities 2017: $9,0442017Assets 2018: $23,729Liabilities 2018: $9,4042018Assets 2019: $18,204Liabilities 2019: $8,9392019Assets 2024: $13,500Liabilities 2024: $13,500Net Assets 2024: $02024Assets 2025: $36,106Liabilities 2025: $36,106Net Assets 2025: $02025

Highlighted filing

2025

Assets$36,106
Liabilities$36,106
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2017: $81,617Expenses 2017: $84,106Net Income 2017: -$2,4892017Revenue 2018: $112,345Expenses 2018: $106,666Net Income 2018: $5,6792018Revenue 2019: $129,490Expenses 2019: $134,650Net Income 2019: -$5,1602019Revenue 2024: $108,703Expenses 2024: $144,899Net Income 2024: -$36,1962024Revenue 2025: $145,928Expenses 2025: $163,590Net Income 2025: -$17,6622025

Highlighted filing

2025

Revenue$145,928
Expenses$163,590
Net Income-$17,662

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 16, 2026
Return Version
2024v5.0
Gross Receipts
$145,928
Mission and Program Overview

Mission

The 14/48 Projects uses unconventional structures to create events that strengthen the artistic community and transcend audience expectations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$22,000$22,500▲ $500
Cash and Non-Interest-Bearing Accounts$-8,500$13,606▲ $22,106
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$13,500$36,106▲ $22,606
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$13,500$36,106▲ $22,606
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$13,500$36,106▲ $22,606
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$13,500$36,106▲ $22,606
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$97,183
Program Service Revenue
$48,745
Investment Income
$0
Other Revenue
$0
All Other Contributions
$52,283
Change in Net Assets
$-17,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,333
Salaries, Compensation, and Employee Benefits$79,257
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$60,012$5,000$0$65,012
Occupancy$22,090$4,514$0$26,604
Payroll Taxes$13,045$1,200-$14,245
Other Expenses$11,231$0$0$11,231
Fees for Services Other$11,226$0$0$11,226
Advertising$6,597$0$0$6,597
Information Technology$0$3,901$0$3,901
Fees for Services Accounting$3,000$658$0$3,658
Office Expenses$770$2,412$0$3,182
Travel$0$636$0$636
Interest$0$350$0$350
Insurance$0$224$0$224
Total Functional Expenses$143,436$20,154$0$163,590
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Part VI, Section B, Line 11B

The Finance Committee oversees monthly review of books and financial reports. Each quarterly board meeting there is a review of YTD finances and quarterly budget approval. The 990 matches the numbers presented and is normally made available on organization g-drive post filing.

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

The board does annual disclosure notice along with service evaluations.

Form 990, Part VI, Section B, Line 15

Currently all employees are part-time and mostly focused on event production. Most average less than 10 hours per week on an annual basis. All employees receive the same hourly pay rate. The Finance Committee reviews compensation and bonuses annually.

Form 990, Part VI, Section C, Line 19

Most of the information exists on the State of Washington website for non-profit corporations, the organization's website or by request.

Filing and Contact Details

Filer

Filer Name
1448 Projects
EIN
47-1204467
Phone
2068519636
Address
PO BOX 80325, Seattle, WA 98108

Signing Officer

Name
Shawn Belyea
Title
Producing Director
Phone
2068519636
Signed
2026-02-16

Organization Details

Principal Officer
Shawn Belyea
Formed
2014
Legal Domicile
Wa
Voting Board Members
14
Independent Board Members
10
Employees
9
Volunteers
210
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

These are stipends for artists and events operations staff like ASL interpreters, stage managers, board operators, etc. This year over 50% of the total was for the one 14/48: Partner Project as most everyone involved received a stipend.

Form 990, Part IX, Line 24A - 24D

These are expenses related to producing a small festivals for lots of hours. These are also business fees and small artist stipends for events.

Form 990, Part IX, Line 26

These are small stipends paid to performers and artisans.

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IRS990/InsuranceGrp/TotalAmt0224
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0350
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt0350
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The 14/48 Projects uses unconventional structures to create events that strengthen the artistic community and transcend audience expectations.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04514
IRS990/OccupancyGrp/ProgramServicesAmt022090
IRS990/OccupancyGrp/TotalAmt026604
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02412
IRS990/OfficeExpensesGrp/ProgramServicesAmt0770
IRS990/OfficeExpensesGrp/TotalAmt03182
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Artist Food and Drink for Festivals
IRS990/OtherExpensesGrp/Desc1Ticketing, Business, and Other Fees
IRS990/OtherExpensesGrp/Desc2Productions Supplies - Technical (Costumes, Props, Sets, Lights and Sound)
IRS990/OtherExpensesGrp/Desc3Artist Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11259
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt011207
IRS990/OtherExpensesGrp/ProgramServicesAmt1303
IRS990/OtherExpensesGrp/ProgramServicesAmt23955
IRS990/OtherExpensesGrp/ProgramServicesAmt311231
IRS990/OtherExpensesGrp/TotalAmt011207
IRS990/OtherExpensesGrp/TotalAmt11562
IRS990/OtherExpensesGrp/TotalAmt23955
IRS990/OtherExpensesGrp/TotalAmt311231
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060012
IRS990/OtherSalariesAndWagesGrp/TotalAmt065012
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01200
IRS990/PayrollTaxesGrp/ProgramServicesAmt013045
IRS990/PayrollTaxesGrp/TotalAmt014245
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt022000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt022500
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Shawn Belyea
IRS990/PriorPeriodAdjustmentsAmt017662
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Ticket Dales
IRS990/ProgramServiceRevenueGrp/Desc1Concessions
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt043563
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15182
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043563
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15182
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10

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