The New Foundation Seattle
- Assets
- $617.0
- Revenue
- $4.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- Data as of
- 12/2018
- EIN
- 45-5262245
Organization Overview
The New Foundation Seattle is located in Seattle, WA.
For the year ending 12/2018, New Foundation Seattle generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (63.2%) each year. All expenses for the organization totaled $9.5k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (62.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTIST PROGRAM ASSITS SEATTLE-BASED VISUAL ARTISTS AT CRITICAL STAGES IN THEIR CREATIVE LIVES BY ENHANCING VISIBILITY AND CURATORIAL SUPPORT OF THEIR WORK.
ARTIST PROGRAM ASSITS SEATTLE-BASED VISUAL ARTISTS AT CRITICAL STAGES IN THEIR CREATIVE LIVES BY ENHANCING VISIBILITY AND CURATORIAL SUPPORT OF THEIR WORK.
PUBLIC PROGRAM PARTNERS WITH ARTISTS, THINKERS, ORGANIZATIONS AND CREATIVE PRACTITIONERS TO PUT IDEAS INTO CIRCULATION.
PUBLIC PROGRAM PARTNERS WITH ARTISTS, THINKERS, ORGANIZATIONS AND CREATIVE PRACTITIONERS TO PUT IDEAS INTO CIRCULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shari D Behnke Board President | 2 | $0 | |
Josef Vascovitz Treasurer | 2 | $0 | |
Tomoko Matsuno Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,433 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $7,335 |
| Contributions, gifts, grants paid | $2,144 |
| Total expenses and disbursements | $9,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $617 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $617 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The New Foundation Seattle has awarded $2,144 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
URBAN ARTWORKS PURPOSE: GENERAL SUPPORT | $1,072 |
NORTHWEST TAP CONNECTION PURPOSE: GENERAL SUPPORT | $1,072 |