Civic Intelligence

Artwerks DBA Fremont Abbey Arts Center

990 • Fiscal year 2023 • EIN 74-3123187

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

4272 Fremont Ave NSeattle, WA 98103

(833) 669-1905

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.38x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.14x

Higher debt load relative to revenue than 72% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

19th percentile

-16%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$63,283

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

9th percentile

-25%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

57th percentile

13%

Faster revenue growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$315,680

Flat from 2023

Net Assets

Flat

$194,173

Flat from 2023

Liabilities

Flat

$121,507

Flat from 2023

Revenue

Flat

$866,965

Flat from 2023

Expenses

Flat

$1,004,673

Flat from 2023

Net Income

Flat

-$137,708

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $24,681Liabilities 2010: $13,260Net Assets 2010: $11,4212010Assets 2011: $36,899Liabilities 2011: $11,060Net Assets 2011: $25,8392011Assets 2012: $42,223Liabilities 2012: $12,621Net Assets 2012: $29,6022012Assets 2013: $52,857Liabilities 2013: $14,387Net Assets 2013: $38,4702013Assets 2014: $89,964Liabilities 2014: $28,046Net Assets 2014: $61,9182014Assets 2015: $128,267Liabilities 2015: $19,737Net Assets 2015: $108,5302015Assets 2016: $109,721Liabilities 2016: $14,581Net Assets 2016: $95,1402016Assets 2017: $112,032Liabilities 2017: $30,124Net Assets 2017: $81,9082017Assets 2018: $120,790Liabilities 2018: $32,657Net Assets 2018: $88,1332018Assets 2019: $173,219Liabilities 2019: $51,163Net Assets 2019: $122,0562019Assets 2020: $182,718Liabilities 2020: $45,130Net Assets 2020: $137,5882020Assets 2021: $680,442Liabilities 2021: $110,182Net Assets 2021: $570,2602021Assets 2022: $420,216Liabilities 2022: $88,375Net Assets 2022: $331,8412022Assets 2023: $315,680Liabilities 2023: $121,507Net Assets 2023: $194,1732023Assets 2023: $315,680Liabilities 2023: $121,507Net Assets 2023: $194,1732023Assets 2024: $158,755Liabilities 2024: $62,758Net Assets 2024: $95,9972024

Highlighted filing

2023

Assets$315,680
Liabilities$121,507
Net Assets$194,173

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $126,713Expenses 2010: $141,246Net Income 2010: -$14,5332010Revenue 2011: $174,547Expenses 2011: $161,050Net Income 2011: $13,4972011Expenses 2012: $205,3672012Revenue 2013: $217,553Expenses 2013: $224,722Net Income 2013: -$7,1692013Revenue 2014: $283,325Expenses 2014: $261,076Net Income 2014: $22,2492014Revenue 2015: $373,996Expenses 2015: $327,463Net Income 2015: $46,5332015Revenue 2016: $415,175Expenses 2016: $428,587Net Income 2016: -$13,4122016Revenue 2017: $478,587Expenses 2017: $491,817Net Income 2017: -$13,2302017Revenue 2018: $672,148Expenses 2018: $666,132Net Income 2018: $6,0162018Revenue 2019: $759,653Expenses 2019: $725,534Net Income 2019: $34,1192019Revenue 2020: $358,082Expenses 2020: $342,550Net Income 2020: $15,5322020Revenue 2021: $1,094,056Expenses 2021: $663,053Net Income 2021: $431,0032021Revenue 2022: $764,906Expenses 2022: $1,002,123Net Income 2022: -$237,2172022Revenue 2023: $866,965Expenses 2023: $1,004,673Net Income 2023: -$137,7082023Revenue 2023: $866,965Expenses 2023: $1,004,673Net Income 2023: -$137,7082023Revenue 2024: $972,473Expenses 2024: $1,070,649Net Income 2024: -$98,1762024

Highlighted filing

2023

Revenue$866,965
Expenses$1,004,673
Net Income-$137,708
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$866,965
Mission and Program Overview

Mission

The mission of Artwerks dba Fremont Abbey Arts Center is to curate and host welcoming arts and cultural experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$408,123$288,221▼ $119,902
Cash and Non-Interest-Bearing Accounts$8,677$25,013▲ $16,336
Land, Buildings, and Equipment, Net$3,416$2,446▼ $970
Total Assets$420,216$315,680▼ $104,536
Liabilities
Other Liabilities$52,884$67,741▲ $14,857
Accounts Payable and Accrued Expenses$35,491$53,766▲ $18,275
Total Liabilities$88,375$121,507▲ $33,132
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$330,891$193,223▼ $137,668
Net Assets With Donor Restrictions$950$950→ $0
Total Net Assets Fund Balance$331,841$194,173▼ $137,668
Total Liabilities and Net Assets / Fund Balance$420,216$315,680▼ $104,536

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,446$28,028$30,474
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nathan MarionExecutive DirectorPT$63,283$63,283

Board Members and Trustees

NameTitle
Conor LawChair
Devin SchweppeVice-Chair
Cindy DaileyBoard Member
Lori AustinBoard Member
Rachel ScottBoard Member
Juliann ItterInterim Executive Director
Alexa SparksSecretary
Erica StrathernTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$287,540
Program Service Revenue
$579,302
Investment Income
$123
Other Revenue
$0
All Other Contributions
$166,752
Change in Net Assets
$-137,708
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$637,815
Salaries, Compensation, and Employee Benefits$366,858
Total Fundraising Expense$45,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$167,516$56,856$14,082$238,454
Occupancy$119,402$7,410-$126,812
Current Officers, Directors, Trustees, and Key Employees$57,436$15,200$4,828$77,464
Payroll Taxes$22,685$6,004$1,907$30,596
Fees for Services Other$29,823--$29,823
Other Expenses$4,146-$23,690$23,690
Other Employee Benefits$15,084$3,992$1,268$20,344
Fees for Services Accounting-$16,319-$16,319
All Other Expenses$6,562$3,952$114$10,628
Insurance$3,931$3,931-$7,862
Advertising$4,676$760-$5,436
Conferences and Meetings$1,459$1,459-$2,918
Office Expenses$750$958-$1,708
Depreciation Depletion$970--$970
Information Technology-$420-$420
Total Functional Expenses$841,523$117,261$45,889$1,004,673
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
Rental Deposits$67,741
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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

The form 990 tax return is reviewed and discussed by Board Members before being filed.

Conflict of interest policy compliance Part VI line 12C

This was done in an informal manner by being aware of each officer and board members activities and by them being aware of the need to disclose any potential conflict of interest. Also, by discussions of this issue with the Executive Director during his annual review and contract negotiations.

CEO executive director top management comp Part VI line 15A

Proposed compensation was developed using data from within and outside of the organization. Board deliberation and their decision in regards to compensation is documented.

Governing documents etc available to public Part VI line 19

Upon request.

Filing and Contact Details

Filer

Filer Name
Artwerks
EIN
74-3123187
Address
4272 Fremont Ave N, Seattle, WA 98103
Doing Business As
Fremont Abbey Arts Center

Signing Officer

Name
Devin Schweppe
Title
Vice-Chair
Phone
2064148325
Signed
2024-11-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Nathan Marion
Formed
2007
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
28
Volunteers
7

Preparer

Firm
Landon Accounting
Address
6516 W Crestview Loop SE, Snoqualmie, WA 98065
Preparer
Duane Landon CPA
Phone
4252142460
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IRS990/ProgSrvcAccomActy2Grp/Desc0Culture: This year, Artwerks DBA Fremont Abbey Arts Center hosted and supported 48 cultural community events with an estimated attendance of 4787. These events showed a diverse array of local community members and nonprofit organizations who gathered to celebrate and support one another in a welcoming and accessible space.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0126229
IRS990/ProgSrvcAccomActy3Grp/Desc0Youth: Artwerks DBA Fremont Abbey Arts Center supported arts education and experiences for all ages and incomes, enabling youth to engage in arts education including music, dance, visual, literacy and other artistic programming throughout the year. Through our programs and partnerships, youth attendance reached 1200 in arts activities, classes and performance opportunities on-site and off-site.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt084151
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0222911
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0340
IRS990/PYOtherExpensesAmt0667376
IRS990/PYOtherRevenueAmt053958
IRS990/PYProgramServiceRevenueAmt0487697
IRS990/PYRevenuesLessExpensesAmt0-237217
IRS990/PYSalariesCompEmpBnftPaidAmt0334747
IRS990/PYTotalExpensesAmt01002123
IRS990/PYTotalRevenueAmt0764906
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-137708
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0579302
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0408123
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0288221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0287540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0222911
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0728486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0182224
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0248055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01669216
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0621
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0557
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01901
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01084289
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06853
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06853
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99480
IRS990ScheduleA/PublicSupportPY170Pct00.99460
IRS990ScheduleA/PublicSupportTotal170Amt01669216
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0287540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0222911
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0728486
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0182224
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0248055
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01669216
IRS990ScheduleA/TotalSupportAmt01677970
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02446
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028028
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030474
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt067741
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rental Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02446
IRS990ScheduleD/TotalLiabilityAmt067741
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form 990 tax return is reviewed and discussed by Board Members before being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1This was done in an informal manner by being aware of each officer and board members activities and by them being aware of the need to disclose any potential conflict of interest. Also, by discussions of this issue with the Executive Director during his annual review and contract negotiations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Proposed compensation was developed using data from within and outside of the organization. Board deliberation and their decision in regards to compensation is documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon request.
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0420216
IRS990/TotalAssetsEOYAmt0315680
IRS990/TotalAssetsGrp/BOYAmt0420216
IRS990/TotalAssetsGrp/EOYAmt0315680
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0287540
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt045889
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0117261
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0841523
IRS990/TotalFunctionalExpensesGrp/TotalAmt01004673
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt088375
IRS990/TotalLiabilitiesEOYAmt0121507
IRS990/TotalLiabilitiesGrp/BOYAmt088375
IRS990/TotalLiabilitiesGrp/EOYAmt0121507
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0331841
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0194173
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0841523
IRS990/TotalProgramServiceRevenueAmt0579302
IRS990/TotalReportableCompFromOrgAmt063283
IRS990/TotalRevenueGrp/ExclusionAmt0123
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0579302
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0866965
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0420216
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0315680
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.fremontabbey.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Devin Schweppe
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice-Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum02064148325
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Artwerks
ReturnHeader/Filer/BusinessNameControlTxt0ARTW
ReturnHeader/Filer/EIN0743123187
ReturnHeader/Filer/USAddress/AddressLine1Txt04272 Fremont Ave N
ReturnHeader/Filer/USAddress/CityNm0Seattle

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.06$0.10$0.97$1.07$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.32$0.12$0.19$0.87$1.00$0.14
2023Summary only. Only limited summary data is available for this year.$0.32$0.12$0.19$0.87$1.00$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.09$0.33$0.76$1.00$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.11$0.57$1.09$0.66$0.43
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.05$0.14$0.36$0.34$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.05$0.12$0.76$0.73$0.03
2018Summary only. Only limited summary data is available for this year.$0.12$0.03$0.09$0.67$0.67$0.01
2017Summary only. Only limited summary data is available for this year.$0.11$0.03$0.08$0.48$0.49$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.01$0.10$0.42$0.43$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.02$0.11$0.37$0.33$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.03$0.06$0.28$0.26$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.22$0.22$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.17$0.16$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.01$0.01$0.13$0.14$0.01