Civic Intelligence

Seattle Art Museum

990 • Fiscal year 2018 • EIN 91-0640788

Jul 01, 2017 to Jun 30, 2018

Organization ProfileWWW.SEATTLEARTMUSEUM.ORG
Seattle, WA
Siviq Scores

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

Liabilities / Assets

13th percentile

0.04x

Higher debt load relative to assets than 13% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

25th percentile

0.26x

Higher debt load relative to revenue than 25% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Net Margin

90th percentile

38%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

82nd percentile

12%

Faster asset growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

44%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$339,844,602

Up $35,853,937 (+12%) from 2017

Net Assets

Up

$325,773,409

Up $33,571,991 (+11%) from 2017

Liabilities

Up

$14,071,193

Up $2,281,946 (+19%) from 2017

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin90th percentile

Revenue

Up

$55,154,902

Up $16,985,011 (+44%) from 2017

Expenses

Down

$34,242,056

Down $3,834,102 (-10%) from 2017

Net Income

Up

$20,912,846

Up $20,819,113 (+22211%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$600M$400M$200M$0Assets 2010: $280,227,972Liabilities 2010: $34,268,336Net Assets 2010: $245,959,6362010Assets 2011: $285,662,864Liabilities 2011: $25,014,893Net Assets 2011: $260,647,9712011Assets 2012: $266,637,368Liabilities 2012: $25,841,315Net Assets 2012: $240,796,0532012Assets 2013: $271,161,640Liabilities 2013: $18,184,785Net Assets 2013: $252,976,8552013Assets 2014: $281,717,348Liabilities 2014: $12,654,579Net Assets 2014: $269,062,7692014Assets 2015: $294,168,897Liabilities 2015: $10,619,385Net Assets 2015: $283,549,5122015Assets 2016: $298,478,129Liabilities 2016: $14,650,533Net Assets 2016: $283,827,5962016Assets 2017: $303,990,665Liabilities 2017: $11,789,247Net Assets 2017: $292,201,4182017Assets 2018: $339,844,602Liabilities 2018: $14,071,193Net Assets 2018: $325,773,4092018Assets 2019: $350,276,490Liabilities 2019: $20,153,817Net Assets 2019: $330,122,6732019Assets 2020: $355,978,957Liabilities 2020: $22,570,344Net Assets 2020: $333,408,6132020Assets 2021: $402,999,024Liabilities 2021: $20,436,607Net Assets 2021: $382,562,4172021Assets 2022: $381,105,952Liabilities 2022: $11,307,192Net Assets 2022: $369,798,7602022Assets 2023: $418,444,913Liabilities 2023: $44,209,288Net Assets 2023: $374,235,6252023

Highlighted filing

2018

Assets$339,844,602
Liabilities$14,071,193
Net Assets$325,773,409
Open 2018 Filing

Operations Trend

Revenue Growth91st percentile

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $30,162,3602010Revenue 2011: $40,718,032Expenses 2011: $36,078,506Net Income 2011: $4,639,5262011Expenses 2012: $35,426,1542012Expenses 2013: $31,810,3702013Revenue 2014: $37,411,666Expenses 2014: $32,694,982Net Income 2014: $4,716,6842014Revenue 2015: $54,114,729Expenses 2015: $30,714,587Net Income 2015: $23,400,1422015Revenue 2016: $43,750,299Expenses 2016: $36,829,685Net Income 2016: $6,920,6142016Revenue 2017: $38,169,891Expenses 2017: $38,076,158Net Income 2017: $93,7332017Revenue 2018: $55,154,902Expenses 2018: $34,242,056Net Income 2018: $20,912,8462018Revenue 2019: $33,298,935Expenses 2019: $34,023,591Net Income 2019: -$724,6562019Revenue 2020: $41,617,097Expenses 2020: $37,276,366Net Income 2020: $4,340,7312020Revenue 2021: $33,858,158Expenses 2021: $26,498,531Net Income 2021: $7,359,6272021Revenue 2022: $67,181,210Expenses 2022: $55,546,110Net Income 2022: $11,635,1002022Revenue 2023: $29,985,574Expenses 2023: $37,143,988Net Income 2023: -$7,158,4142023

Highlighted filing

2018

Revenue$55,154,902
Expenses$34,242,056
Net Income$20,912,846
Open 2018 Filing
Filing Detail Status

This 2018 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Mission and Program Overview

Mission

Founded in 1933, the seattle art museum (sam) connects art to life. As the leading visual art institution in the pacific northwest, sam draws on its global collections, powerful special exhibitions, numerous installations, and dynamic programs to fulfill its important role as a cultural and educational resource benefitting the seattle region, the pacific northwest, and beyond. From a strong foundation of asian art to noteworthy collections of african and oceanic art, northwest coast native american art, european and american art, and modern and contemporary art, the strength of sam's collection of approximately 25,000 objects lies in its diversity of media, cultures, and time periods. With three locations (seattle art museum, olympic sculpture park, seattle asian art museum), sam harnesses the power of art to enrich lives and engages diverse communities, including hundreds of thousands of visitors, as well as thousands of seattle-area students.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$339,844,602
Liabilities
$14,071,193
Net assets
$325,773,409
Revenue
$55,154,902
Expenses
$34,242,056
Net income
$20,912,846
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$418$44.2$374$30.0$37.1$7.16
2022Summary only. Only limited summary data is available for this year.$381$11.3$370$67.2$55.5$11.6
2021Summary only. Only limited summary data is available for this year.$403$20.4$383$33.9$26.5$7.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$356$22.6$333$41.6$37.3$4.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$350$20.2$330$33.3$34.0$0.72
2018Summary only. Only limited summary data is available for this year.$340$14.1$326$55.2$34.2$20.9
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$304$11.8$292$38.2$38.1$0.09
2016Detailed filing. Detailed filing data is available for this year.$298$14.7$284$43.8$36.8$6.92
2015Summary only. Only limited summary data is available for this year.$294$10.6$284$54.1$30.7$23.4
2014Detailed filing. Detailed filing data is available for this year.$282$12.7$269$37.4$32.7$4.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$271$18.2$253$31.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$267$25.8$241$35.4
2011Summary only. Only limited summary data is available for this year.$286$25.0$261$40.7$36.1$4.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$280$34.3$246$30.2
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $250M-$1B nonprofits