Civic Intelligence

Unknown Organization

990 • Fiscal year 2012 • EIN 91-1564155

Jul 01, 2011 to Jun 30, 2012 • Filed on Apr 15, 2013

1300 First Avenue98101-2003
Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

14th percentile

-9.2%

Faster asset growth than 14% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$4,722,295

Down $479,566 (-9.2%) from 2011

Net Assets

Down

$4,722,295

Down $479,566 (-9.2%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$312,382

Up $11,531 (+3.8%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,594,921Liabilities 2010: $0Net Assets 2010: $4,594,9212010Assets 2011: $5,201,861Liabilities 2011: $0Net Assets 2011: $5,201,8612011Assets 2012: $4,722,295Liabilities 2012: $0Net Assets 2012: $4,722,2952012Assets 2013: $4,964,001Liabilities 2013: $0Net Assets 2013: $4,964,0012013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2012

Assets$4,722,295
Liabilities$0
Net Assets$4,722,295

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $227,6372010Expenses 2011: $300,8512011Expenses 2012: $312,3822012Revenue 2013: $316,111Expenses 2013: $303,292Net Income 2013: $12,8192013Revenue 2014: $250,677Expenses 2014: $5,214,678Net Income 2014: -$4,964,0012014

Highlighted filing

2012

Revenue-
Expenses$312,382
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Apr 15, 2013
Return Version
2011v1.5
Gross Receipts
$2,533,242
Mission and Program Overview

Mission

The foundation manages the endowment for seattle art museum and makes distributions from the endowment to the seattle art museum when appropriate based on donor restrictions.

Filing and Contact Details

Filer

EIN
91-1564155
Raw XML AppendixShowing 400 of 458 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/ActivityOrMissionDescription0THE FOUNDATION MANAGES THE ENDOWMENT FOR SEATTLE ART MUSEUM.
IRS990/AddressPrincipalOfficerUS/AddressLine101300 FIRST AVENUE
IRS990/AddressPrincipalOfficerUS/City0SEATTLE
IRS990/AddressPrincipalOfficerUS/State0WA
IRS990/AddressPrincipalOfficerUS/ZIPCode0981012003
IRS990/AnnualDisclosureCoveredPersons01
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IRS990/DescribedIn501C301
IRS990/Description0THE SEATTLE ART MUSEUM FOUNDATION WAS INCORPORATED IN MARCH, 1992 TO AID AND SUPPORT THE SEATTLE ART MUSEUM, PRIMARILY BY MAINTAINING THE MUSEUM'S ENDOWMENT.
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IRS990/Form990PartVIISectionA/NamePerson1SUSAN BROTMAN
IRS990/Form990PartVIISectionA/NamePerson2JOHN FRANK
IRS990/Form990PartVIISectionA/NamePerson3JON SHIRLEY
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs7226091
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IRS990/Form990PartVIISectionA/Title0CHAIRMAN
IRS990/Form990PartVIISectionA/Title1VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title2VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title3VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title4TREASURER
IRS990/Form990PartVIISectionA/Title5PRESIDENT
IRS990/Form990PartVIISectionA/Title6SECRETARY
IRS990/Form990PartVIISectionA/Title7CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionA/Title8FORMER EXECUTIVE DIRECTOR
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0TO SUPPORT EXHIBITIONS, ART EDUCATION, ART ACQUISITIONS AND GENERAL OPERATIONS OF THE SEATTLE ART MUSEUM.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART V, LINE 4:
IRS990ScheduleD/OtherSecurities/BookValue0169086
IRS990ScheduleD/OtherSecurities/BookValue11118039
IRS990ScheduleD/OtherSecurities/BookValue2735806
IRS990ScheduleD/OtherSecurities/Description0PRIVATE EQUITY
IRS990ScheduleD/OtherSecurities/Description1MARKETABLE ALTERNATIVES
IRS990ScheduleD/OtherSecurities/Description2REAL ASSETS
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IRS990ScheduleD/OtherSecurities/MethodOfValuation1C
IRS990ScheduleD/OtherSecurities/MethodOfValuation2C
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IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE GIVEN TO THE SUPPORTED ORGANIZATION, SEATTLE ART MUSEUM.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine101300 FIRST AVENUE
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0DERRICK CARTWRIGHT, FORMER EXECUTIVE DIRECTOR, RECEIVED A SEVERANCE PAYMENT PER THE CONDITIONS OF HIS EMPLOYMENT CONTRACT.
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation1PART I, LINE 3: SEATTLE ART MUSEUM, A RELATED ORGANIZATION, IS RESPONSIBLE FOR THE PAYMENT OF COMPENSATION, AS WELL AS THE SETTING OF AND ANNUAL REVIEW OF THE CHIEF OPERATING OFFICER'S COMPENSATION AND THE EXECUTIVE DIRECTOR. COMPENSATION OF THE OFFICERS IS DETERMINED THROUGH A WRITTEN EMPLOYMENT CONTRACT AND BOARD OR COMPENSATION COMMITTEE APPROVAL. THE CHIEF OPERATING OFFICER AND EXECUTIVE DIRECTOR PROVIDES SERVICES FOR SEATTLE ART MUSEUM AS WELL AS THE FOUNDATION.
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0SUPPLEMENTAL INFORMATION
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART I, LINE 4A
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference1PART III
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0ROBERT CUNDALL
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1DERRICK CARTWRIGHT
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IRS990ScheduleO/GeneralExplanation/Explanation0THERE ARE SEVEN VOLUNTEER MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY INTERNAL STAFF AND THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO THE MUSEUM'S TRUSTEES AND STAFF. A DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS IS MADE BY THE BOARD'S EXECUTIVE COMMITTEE IN CONJUNCTION WITH THE MUSEUM'S SENIOR MANAGEMENT TEAM. WHEN AN ACTUAL CONFLICT IS DETERMINED TO EXIST, THE SPECIFICS OF THE CONFLICT ARE REVIEWED BY THE EXECUTIVE COMMITTEE OR SENIOR MANAGEMENT TEAM. ANYONE WITH A CONFLICT OF INTEREST MUST RECUSE THEMSELVES FROM DISCUSSION AND THE DECISION MAKING PROCESS IN WHATEVER CAPACITY THEY MAY HAVE AUTHORITY OVER THE DECISION. IF THE CONFLICTED INDIVIDUAL IS A VOTING MEMBER OF THE BOARD, THEY WILL RECUSE THEMSELVES FROM DISCUSSION AND VOTING ON MATTERS WHERE THEY ARE CONFLICTED.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ESTIMATED AVERAGE HOURS PER WEEK DEVOTED BY THE FOLLOWING INDIVIDUALS TO RELATED ORGANIZATIONS ARE AS LISTED: ROBERT CUNDALL CHIEF OPERATING OFFICER 40 HOURS CHARLES WRIGHT CHAIRMAN 1 HOUR SUSAN BROTMAN VICE PRESIDENT 1 HOUR JOHN FRANK VICE PRESIDENT 1 HOUR JON SHIRLEY VICE PRESIDENT 1 HOUR WINIFRED STRATTON SECRETARY 1 HOUR ROBERT STRONG TREASURER 1 HOUR STEWART LAANDEFELD TRUSTEE 1 HOUR
IRS990ScheduleO/GeneralExplanation/Explanation5NET UNREALIZED LOSSES ON INVESTMENTS: -386,088.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART 1, LINE 6:
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VII, SECTION A:
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XI, LINE 5:
IRS990/ScheduleORequired01
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IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0PUBLIC ART MUSEUM
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IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
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