Civic Intelligence

Seattle Arts and Lectures Inc.

990 • Fiscal year 2021 • EIN 91-1384964

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 23, 2022

340 15th Ave E Ste 301Seattle, WA 98112

(206) 621-2230

Siviq Scores

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

Liabilities / Assets

56th percentile

0.11x

Higher debt load relative to assets than 56% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

43rd percentile

8.7%

Higher net margin than 43% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

81st percentile

$131,871

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

53rd percentile

11%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-4.7%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,021,272

Up $200,728 (+11%) from 2020

Net Assets

Up

$1,808,428

Up $190,569 (+12%) from 2020

Liabilities

Up

$212,844

Up $10,159 (+5.0%) from 2020

Revenue

Down

$2,312,496

Down $114,495 (-4.7%) from 2020

Expenses

Down

$2,110,359

Down $186,363 (-8.1%) from 2020

Net Income

Up

$202,137

Up $71,868 (+55%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $432,294Liabilities 2011: $69,905Net Assets 2011: $362,3892011Assets 2012: $279,665Liabilities 2012: $107,480Net Assets 2012: $172,1852012Assets 2013: $213,373Liabilities 2013: $102,165Net Assets 2013: $111,2082013Assets 2014: $155,740Liabilities 2014: $25,686Net Assets 2014: $130,0542014Assets 2015: $537,726Liabilities 2015: $125,319Net Assets 2015: $412,4072015Assets 2016: $695,295Liabilities 2016: $174,518Net Assets 2016: $520,7772016Assets 2017: $1,088,670Liabilities 2017: $248,505Net Assets 2017: $840,1652017Assets 2018: $1,335,103Liabilities 2018: $220,550Net Assets 2018: $1,114,5532018Assets 2019: $1,947,636Liabilities 2019: $470,471Net Assets 2019: $1,477,1652019Assets 2020: $1,820,544Liabilities 2020: $202,685Net Assets 2020: $1,617,8592020Assets 2021: $2,021,272Liabilities 2021: $212,844Net Assets 2021: $1,808,4282021Assets 2022: $2,481,915Liabilities 2022: $144,180Net Assets 2022: $2,337,7352022Assets 2023: $2,775,549Liabilities 2023: $407,263Net Assets 2023: $2,368,2862023Assets 2024: $3,308,306Liabilities 2024: $280,776Net Assets 2024: $3,027,5302024

Highlighted filing

2021

Assets$2,021,272
Liabilities$212,844
Net Assets$1,808,428

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,339,110Expenses 2011: $1,410,930Net Income 2011: -$71,8202011Expenses 2012: $1,310,4622012Expenses 2013: $1,197,2362013Revenue 2014: $997,860Expenses 2014: $979,014Net Income 2014: $18,8462014Revenue 2015: $1,311,078Expenses 2015: $1,028,725Net Income 2015: $282,3532015Revenue 2016: $1,477,248Expenses 2016: $1,368,878Net Income 2016: $108,3702016Revenue 2017: $1,986,013Expenses 2017: $1,666,625Net Income 2017: $319,3882017Revenue 2018: $2,269,088Expenses 2018: $1,994,700Net Income 2018: $274,3882018Revenue 2019: $2,595,613Expenses 2019: $2,233,001Net Income 2019: $362,6122019Revenue 2020: $2,426,991Expenses 2020: $2,296,722Net Income 2020: $130,2692020Revenue 2021: $2,312,496Expenses 2021: $2,110,359Net Income 2021: $202,1372021Revenue 2022: $2,696,759Expenses 2022: $2,140,081Net Income 2022: $556,6782022Revenue 2023: $2,788,318Expenses 2023: $2,779,761Net Income 2023: $8,5572023Revenue 2024: $3,669,862Expenses 2024: $3,013,349Net Income 2024: $656,5132024

Highlighted filing

2021

Revenue$2,312,496
Expenses$2,110,359
Net Income$202,137
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 23, 2022
Return Version
2020v4.0
Gross Receipts
$2,440,750
Mission and Program Overview

Mission

Seattle arts and lectures cultivates transformative experiences through story and language with readers and writers of all generations.

Seattle Arts & Lectures cultivates transformative experiences through story and language with readers and writers of all generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,056,996$1,070,774▲ $13,778
Cash and Non-Interest-Bearing Accounts$515,893$491,068▼ $24,825
Pledges and Grants Receivable$71,592$243,930▲ $172,338
Prepaid Expenses and Deferred Charges$72,548$118,836▲ $46,288
Savings and Temporary Cash Investments$55,046$55,117▲ $71
Accounts Receivable$16,706$22,500▲ $5,794
Land, Buildings, and Equipment, Net$31,763$19,047▼ $12,716
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,820,544$2,021,272▲ $200,728
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$62,311$155,211▲ $92,900
Deferred Revenue$140,374$57,633▼ $82,741
Total Liabilities$202,685$212,844▲ $10,159
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,284,453$1,553,942▲ $269,489
Net Assets With Donor Restrictions$333,406$254,486▼ $78,920
Total Net Assets Fund Balance$1,617,859$1,808,428▲ $190,569
Total Liabilities and Net Assets / Fund Balance$1,820,544$2,021,272▲ $200,728

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$19,047$44,533$63,580
Equipment-$4,272$4,272
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ruth DickeyExecutive DirectorFT$128,327$3,544$131,871
Rebecca HoogsExecutive DirectorFT$82,103$2,716$84,819
Revenue and Support

Revenue Composition

Contributions and Grants
$1,496,348
Program Service Revenue
$895,047
Investment Income
$18,525
Other Revenue
$-97,424
All Other Contributions
$786,870
Change in Net Assets
$202,137

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table35$52,210Fair Market Value (FMV)
Securities Publicly Traded3$7,424Fair Market Value (FMV)
Food Inventory2$6,750Per Donor
Other Non Cash Contri Table2$5,047Per Donor
Total Noncash Contributions42$71,431-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,312,496
Revenue Not Reported on Form 990
$306,940
Total Revenue per Audited Statements
$2,619,436
Total Revenue per Form 990
$2,312,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,132,809
Salaries, Compensation, and Employee Benefits$945,462
Total Fundraising Expense$387,870
Professional Fundraising Fees$32,088
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$321,477$80,369$172,220$574,066
Current Officers, Directors, Trustees, and Key Employees$144,631$25,395$57,470$227,496
All Other Expenses$90,048$5,717$14,157$109,922
Information Technology$61,540$13,013$26,704$101,257
Payroll Taxes$38,430$9,607$20,587$68,624
Other Expenses$128,090$60,771$3,109$60,771
Other Employee Benefits$32,595$8,149$17,462$58,206
Fees for Services Other$37,676$10,757$9,614$58,047
Fees for Services Accounting-$43,559-$43,559
Occupancy$23,013$5,753$12,328$41,094
Office Expenses$18,902$4,668$11,339$34,909
Fees for Services Professional Fundraising--$32,088$32,088
Pension Plan Contributions$9,559$2,390$5,121$17,070
Depreciation Depletion$7,121$1,780$3,815$12,716
Advertising$6,656$7$594$7,257
Travel$4,469$296$636$5,401
Fees for Service Investment Mgmnt Fees-$3,736-$3,736
Insurance$1,169$345$626$2,140
Total Functional Expenses$1,444,025$278,464$387,870$2,110,359

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,428,867
Expenses per Audited Statements$2,110,359
Total Expenses per Form 990$2,110,359
Expenses Not Reported on Form 990$318,508
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$104,924
Professional Fundraising Fees$32,088
Fundraising Gross Income$7,500

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
WITS Fundraiser$108,317-$2,844-
Words Matter$372,141$7,500$45,290$-37,790
Total Events$480,458$7,500$104,924$-97,424
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Chuck StemplerBoard TreasurerProgram PrintingNo$63,532

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 35% controlled entity
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
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, Part VI, Line 11B: Form 990 Review Process

The Form 990 is reviewed by the Finance & Operations Director, then the Executive Director and Board Finance Committee and is then distributed to the full Board for review, discussion, and approval at a Board meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflicts are disclosed as they arise. A person with a conflict of interest cannot vote on the issue before the Board and cannot participate in deliberations or the decision making process. The Board President and Executive Director review any conflicts of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The original compensation range for executive director compensation in similar sized organizations was provided and confirmed by Koya Partners, the national search firm engaged for the most recent Executive Director search in 2021. It reflected their primary research and compensation data subscription research at the time of the posting. In the ensuing six months of the search process, non-profit leadership compensation ranges have increased 7% - 15% depending on situation and location. Based on this, along with firsthand knowledge of similar situations at other non-profits by committee members, it was unanimously decided by the committee to establish the new Executive Director at the top of the range.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Seattle Arts and Lectures
EIN
91-1384964
Phone
2066212230
Address
340 15th Ave E Ste 301, Seattle, WA 98112

Signing Officer

Name
Rebecca Hoogs
Title
Executive Director
Signed
2022-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Hoogs
Formed
1987
Legal Domicile
Wa
Voting Board Members
22
Independent Board Members
21
Employees
13
Volunteers
26

Preparer

Firm
Jones & Associates PLLC CPAS
Address
17544 Midvale Ave N Ste 100, Shoreline, WA 98133
Preparer
Judy C Jones CPA
Phone
2065255186
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

SAL has long wanted to fulfill the dream of inviting community members to share in the curation of our programming, so we took this moment to replace the Hinge Series with the Community Curated Series, launching in our FY22 season. The work on this series began last year, which is why it shows up on our financial statements, but the series was launched as part of our 2021/22 Season. The first guest curator is Ijeoma Oluo and the series has been enthusiastically received by the community.

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

Our Hinge Series was begun a few years ago with the intention of ensuring that some of our programming had a low enough price point to be accessible to a broader section of our community. We have since been expanding our accessibly priced ticketing to be part of all of our programming and have therefore somewhat nullified the need for the Hinge program to exist. There were no events scheduled under this series in the FY21 year, partly due to circumstance and partly because it didnt have a clear purpose anymore.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: All Others:Poetry Series This series ensures that this essential literary form thrives on all levels in this community by presenting the best and most influential contemporary poets. These events reached 629 people.Women You Need to Know A three-part series featuring and celebrating amazing women authors, artists and thinkers . The series reached 3,271 people during the year.Journalism Series A three-part series which shines a spotlight on journalism and journalists and the importance of the free press. Created in partnership with National Book Award-winning writer and correspondent Timothy Egan and renowned journalist Sam Howe Verhovek. This series served 3,184 people.Summer Book Bingo A free summer reading program for adults and kids, presented in partnership with the Seattle Public Library. This program engaged readers from our region in reading over 17,500 books in the summer of 2021.Community Curated Series A new three-part series curated and hosted by a local BIPOC author, designed to share curatorial power and expand audiences. The 2021/22 season's inaugural series is curated by Ijeoma Oluo and hosted in partnership with Langston Seattle.

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Special Events Costs $104924

Part XII, Line 2D: Other expenses and losses per audited F/S

Special Event Costs $104924

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IRS990/Form990PartVIISectionAGrp/PersonNm2Melanie Curtice
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member
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IRS990/MissionDesc0Seattle Arts & Lectures cultivates transformative experiences through story and language with readers and writers of all generations.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.28$3.03$3.67$3.01$0.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.41$2.37$2.79$2.78$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$0.14$2.34$2.70$2.14$0.56
2021Detailed filing. Detailed filing data is available for this year.$2.02$0.21$1.81$2.31$2.11$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.20$1.62$2.43$2.30$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.47$1.48$2.60$2.23$0.36
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.22$1.11$2.27$1.99$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.25$0.84$1.99$1.67$0.32
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.17$0.52$1.48$1.37$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.13$0.41$1.31$1.03$0.28
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.03$0.13$1.00$0.98$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.10$0.11$1.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.11$0.17$1.31
2011Summary only. Only limited summary data is available for this year.$0.43$0.07$0.36$1.34$1.41$0.07