Sound Alliance
- Assets
- $54.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 05/2006
- Data as of
- 06/2022
- EIN
- 20-3006721
Organization Overview
Sound Alliance is located in Seattle, WA. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sound Alliance is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Sound Alliance generated $97.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $83.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Gibson Lead Organizer | 30 | $69,048 | |
Sam Rise Secretary Board Member | 1.5 | $0 | |
Mary Jo Shannon Treasurer Board Member | 4 | $0 | |
Angela Toussaint Board Member | 1 | $0 | |
Brandon Kreul Board Member | 1 | $0 | |
Diane Dobrowolski President Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,465 |
| Total Program Service Revenue | $0 |
| Membership dues | $69,030 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,735 |
| Other Revenue | $0 |
| Total Revenue | $97,235 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,886 |
| Professional fees and other payments to independent contractors | $6,239 |
| Occupancy, rent, utilities, and maintenance | $5,620 |
| Printing, publications, postage, and shipping | $18 |
| Other expenses | $27,963 |
| Total expenses | $83,726 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,409 |
| Other assets | $0 |
| Total assets | $54,633 |
| Total liabilities | $39,818 |
| Net assets or fund balances | $14,815 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sound Alliance has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
International Brotherhood Of Electrical Workers Kent, WA PURPOSE: General support | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Fido Alliance Inc Beaverton, OR | $3,413,033 | $5,016,391 |
Usb Implementers Forum Inc Beaverton, OR | $6,239,445 | $5,610,966 |
Western Energy Institute Portland, OR | $4,801,520 | $4,393,865 |
Merchant Risk Council Inc Seattle, WA | $6,892,922 | $3,889,563 |