Civic Intelligence

Artsfund Foundation

990 • Fiscal year 2017 • EIN 91-1866831

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 06, 2018

Organization ProfileN/A
PO Box 19780Seattle, WA 98109-6780

(206) 281-9050

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

4th percentile

0.00x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

56th percentile

$192,205

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

87th percentile

25%

Faster asset growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

186%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$20,627,939

Up $4,165,477 (+25%) from 2016

Net Assets

Up

$20,627,939

Up $4,165,477 (+25%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin97th percentile

Revenue

Up

$4,487,504

Up $2,917,831 (+186%) from 2016

Expenses

Down

$782,395

Down $38,932 (-4.7%) from 2016

Net Income

Up

$3,705,109

Up $2,956,763 (+395%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$40M$30M$20M$10M$0Assets 2010: $12,197,273Liabilities 2010: $0Net Assets 2010: $12,197,2732010Assets 2011: $12,765,935Liabilities 2011: $0Net Assets 2011: $12,765,9352011Assets 2012: $14,553,611Liabilities 2012: $0Net Assets 2012: $14,553,6112012Assets 2013: $15,963,110Liabilities 2013: $0Net Assets 2013: $15,963,1102013Assets 2014: $16,740,912Liabilities 2014: $0Net Assets 2014: $16,740,9122014Assets 2015: $15,667,829Liabilities 2015: $0Net Assets 2015: $15,667,8292015Assets 2016: $16,462,462Liabilities 2016: $0Net Assets 2016: $16,462,4622016Assets 2017: $20,627,939Liabilities 2017: $0Net Assets 2017: $20,627,9392017Assets 2018: $21,732,886Liabilities 2018: $0Net Assets 2018: $21,732,8862018Assets 2019: $21,560,654Liabilities 2019: $0Net Assets 2019: $21,560,6542019Assets 2020: $27,808,362Liabilities 2020: $0Net Assets 2020: $27,808,3622020Assets 2021: $32,553,145Liabilities 2021: $0Net Assets 2021: $32,553,1452021Assets 2022: $26,360,953Liabilities 2022: $0Net Assets 2022: $26,360,9532022Assets 2023: $28,485,479Liabilities 2023: $0Net Assets 2023: $28,485,4792023Assets 2024: $38,786,569Liabilities 2024: $0Net Assets 2024: $38,786,5692024

Highlighted filing

2017

Assets$20,627,939
Liabilities$0
Net Assets$20,627,939
Open 2017 Filing

Operations Trend

Revenue Growth96th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $438,5692010Expenses 2011: $718,7652011Expenses 2012: $578,4172012Expenses 2013: $789,3982013Revenue 2014: $1,049,327Expenses 2014: $846,905Net Income 2014: $202,4222014Revenue 2015: $989,296Expenses 2015: $830,455Net Income 2015: $158,8412015Revenue 2016: $1,569,673Expenses 2016: $821,327Net Income 2016: $748,3462016Revenue 2017: $4,487,504Expenses 2017: $782,395Net Income 2017: $3,705,1092017Revenue 2018: $2,012,279Expenses 2018: $1,563,012Net Income 2018: $449,2672018Revenue 2019: $619,449Expenses 2019: $893,751Net Income 2019: -$274,3022019Revenue 2020: $7,541,858Expenses 2020: $2,422,489Net Income 2020: $5,119,3692020Revenue 2021: $1,472,883Expenses 2021: $1,013,850Net Income 2021: $459,0332021Revenue 2022: $3,757,473Expenses 2022: $1,054,941Net Income 2022: $2,702,5322022Revenue 2023: $2,387,256Expenses 2023: $1,010,243Net Income 2023: $1,377,0132023Revenue 2024: $7,571,715Expenses 2024: $1,494,516Net Income 2024: $6,077,1992024

Highlighted filing

2017

Revenue$4,487,504
Expenses$782,395
Net Income$3,705,109
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 6, 2018
Return Version
2016v3.0
Gross Receipts
$17,433,860
Mission and Program Overview

Mission

The artsfund foundation was created to support the activities of and for the benefit of artsfund, an organization described in code section 501(c)(3).

To support the activities of and for the benefit of artsfund.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,862,670$20,171,862▲ $4,309,192
Pledges and Grants Receivable$599,792$456,077▼ $143,715
Total Assets$16,462,462$20,627,939▲ $4,165,477
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$13,216,967$13,456,974▲ $240,007
Unrestricted Net Assets$2,535,863$5,505,476▲ $2,969,613
Temporarily Rstr Net Assets$709,632$1,665,489▲ $955,857
Total Net Assets Fund Balance$16,462,462$20,627,939▲ $4,165,477
Total Liabilities and Net Assets / Fund Balance$16,462,462$20,627,939▲ $4,165,477

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$16,462,462$2,404,014▲ $2,543,656$638,900$20,627,939
2015$15,667,829$200,405▲ $1,415,555$715,500$16,462,462
2014$16,740,912$2,184▼ $244,812$725,200$15,667,829
2013$15,963,112$18,331▲ $1,606,376$751,000$16,740,912
2012$14,553,611$226,467▲ $1,972,432$708,000$15,963,112
Compensation and Service Providers
Top Officer Pay56th percentile

Board Members and Trustees

NameTitle
James F TuneChair
Mari L HoritaPresident
David D BuckVice-Chair
Douglas W McCallumTrustee
Ginger AckerleyTrustee
Joshua Green IIITrustee
Mary E SnappTrustee
Stanley D SavageTrustee
William H NeukomTrustee
Judi BeckSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Bank of AmericaInvestment Services800 5th Ave STE 3300, Seattle, WA 98104-3176$118,494
Revenue and Support

Revenue Composition

Contributions and Grants
$2,404,014
Program Service Revenue
$0
Investment Income
$2,083,490
Other Revenue
$0
All Other Contributions
$2,404,014
Change in Net Assets
$3,705,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$638,900
Other Expenses$143,495
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$638,900--$638,900
Fees for Service Investment Mgmnt Fees-$118,494-$118,494
Fees for Services Other$25,001--$25,001
Total Functional Expenses$663,901$118,494$0$782,395
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ArtsFundSeattle, WA501(c)(3)Transfer of endowment funds to ArtsFund for grants to nonprofit art organizations$638,900
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The board is provided a copy of the form 990 to review before it is filed with the irs.”

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

“Upon or before elections, hiring, or appointment, the individual will make a full, written disclosure of interests, relationships, and holdings that could potentially result in a conflict of interest. This written disclosure will be kept on file, and the individual will update it as appropriate. In the course of meetings or activities, the individual will disclose any interest in a transaction or decision where the individual, family, or significant other, employer, or close associates will receive a benefit or gain. After disclosure, the individual will be asked to leave the room for the discussion and will not be permitted to vote on the question. Both the individual disclosure of the interest and absence from the discussion will be recorded in the minutes of the meeting.”

Form 990, Part VI, Section B, line 15

“The organization has no employees. The related organization, artsfund, has adopted appropriate policies relating to compensation.”

Form 990, Part VI, Section C, line 18

“Form 990 and form 1023 are available upon request.”

Form 990, Part VI, Section C, line 19

“The organization's audited financial statements are made available to the public upon written request. The organization's governing/organizing documents are made available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
ArtsFund Foundation
EIN
91-1866831
Phone
2062819050
Address
PO Box 19780, Seattle, WA 98109-6780

Signing Officer

Name
Mari Horita
Title
President
Phone
2062819050
Signed
2018-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mari Horita
Formed
1997
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Moss Adams LLP
Address
2707 Colby Avenue Suite 801, Everett, WA 98201
Preparer
Colleen Ramires
Phone
4252597227
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in present value of ks charitable lead trust 48,405.”

Financial Statement Notes

Part V, Line 4:

“Management of funds for artsfund are for the purpose of distributing grants to 501(c)(3) non-profit arts organizations.”

Part X, Line 2:

“ArtsFund and the Foundation are not-for-profit corporations exempt from federal income tax, except for unrelated business income under Section 501(c)(3) of the Internal Revenue Code. In addition, ArtsFund and the Foundation have been classified as entities that are not private foundations within the meaning of Section 509(a) and qualify for deductible contributions as provided in Section 170(b)(1)(A)(vi). Unrelated business income tax, if any, is insignificant and no tax provision has been made in the accompanying consolidated financial statements. The Organization recognizes the tax benefit from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the tax authorities, based on the technical merits of the position. The tax benefit is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The Organization files an exempt organization return and applicable unrelated business income tax return in the U.S. federal jurisdiction.”

Raw XML AppendixShowing 400 of 487 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/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0910839644
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0663901
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ARTSFUND
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0663901
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.26690
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0143293
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt016462462
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02404014
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt020627939
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02543656
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0638900
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0105827
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt015667829
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0200405
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt016462462
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01415555
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0715500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0105255
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt016740912
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02184
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt015667829
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-244812
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0725200
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt095907
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt015963112
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt018331
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt016740912
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01606376
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0751000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt081398
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt014553611
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0226467
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt015963112
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01972432
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0708000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.65240
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF FUNDS FOR ARTSFUND ARE FOR THE PURPOSE OF DISTRIBUTING GRANTS TO 501(C)(3) NON-PROFIT ARTS ORGANIZATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ArtsFund and the Foundation are not-for-profit corporations exempt from federal income tax, except for unrelated business income under Section 501(c)(3) of the Internal Revenue Code. In addition, ArtsFund and the Foundation have been classified as entities that are not private foundations within the meaning of Section 509(a) and qualify for deductible contributions as provided in Section 170(b)(1)(A)(vi). Unrelated business income tax, if any, is insignificant and no tax provision has been made in the accompanying consolidated financial statements. The Organization recognizes the tax benefit from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the tax authorities, based on the technical merits of the position. The tax benefit is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The Organization files an exempt organization return and applicable unrelated business income tax return in the U.S. federal jurisdiction.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.08070
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0638900
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Transfer of endowment funds to ArtsFund for grants to nonprofit art organizations
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ArtsFund
IRS990ScheduleI/RecipientTable/RecipientEIN0910839644
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt010 Harrison Street Suite 200
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098109
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Funds transferred to ArtsFund for grants are reported to the ArtsFund Board in June as part of the overall grant allocation process.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0176900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05575
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt09730
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARI L HORITA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0192205
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD IS PROVIDED A COPY OF THE FORM 990 TO REVIEW BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Upon or before elections, hiring, or appointment, the individual will make a full, written disclosure of interests, relationships, and holdings that could potentially result in a conflict of interest. This written disclosure will be kept on file, and the individual will update it as appropriate. In the course of meetings or activities, the individual will disclose any interest in a transaction or decision where the individual, family, or significant other, employer, or close associates will receive a benefit or gain. After disclosure, the individual will be asked to leave the room for the discussion and will not be permitted to vote on the question. Both the individual disclosure of the interest and absence from the discussion will be recorded in the minutes of the meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NO EMPLOYEES. THE RELATED ORGANIZATION, ARTSFUND, HAS ADOPTED APPROPRIATE POLICIES RELATING TO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 and form 1023 are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization's audited financial statements are made available to the public upon written request. The organization's governing/organizing documents are made available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN PRESENT VALUE OF KS CHARITABLE LEAD TRUST 48,405.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARTSFUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0910839644
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Provide grants to art groups/organizations using endowment funds
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt010 Harrison St 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Seattle
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098109
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,627,939
Liabilities
$0
Net assets
$20,627,939
Revenue
$4,487,504
Expenses
$782,395
Net income
$3,705,109
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$38.8$0.00$38.8$7.57$1.49$6.08
2023Detailed filing. Detailed filing data is available for this year.$28.5$0.00$28.5$2.39$1.01$1.38
2022Detailed filing. Detailed filing data is available for this year.$26.4$0.00$26.4$3.76$1.05$2.70
2021Detailed filing. Detailed filing data is available for this year.$32.6$0.00$32.6$1.47$1.01$0.46
2020Detailed filing. Detailed filing data is available for this year.$27.8$0.00$27.8$7.54$2.42$5.12
2019Detailed filing. Detailed filing data is available for this year.$21.6$0.00$21.6$0.62$0.89$0.27
2018Detailed filing. Detailed filing data is available for this year.$21.7$0.00$21.7$2.01$1.56$0.45
2017Detailed filing. Detailed filing data is available for this year.$20.6$0.00$20.6$4.49$0.78$3.71
2016Detailed filing. Detailed filing data is available for this year.$16.5$0.00$16.5$1.57$0.82$0.75
2015Detailed filing. Detailed filing data is available for this year.$15.7$0.00$15.7$0.99$0.83$0.16
2014Detailed filing. Detailed filing data is available for this year.$16.7$0.00$16.7$1.05$0.85$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$0.00$16.0$0.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$0.00$14.6$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$0.00$12.8$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.00$12.2$0.44