Charles & Emma Frye Free Public Art Museum Inc Testamentary Trust

Organization Overview

Charles & Emma Frye Free Public Art Museum Inc Testamentary Trust is located in Seattle, WA. The organization was established in 1953. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles & Emma Frye Free Public Art Museum Inc Testamentary Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Charles & Emma Frye Free Public Art Museum Inc Testamentary Trust generated $9.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $8.7m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

THE MUSEUM OPERATES & ADMINISTERS A FREE PUBLIC ART MUSEUM. IN ADDITION TO THE DISPLAY OF THE ITEMS IN ITS PERMANENT COLLECTION, THE MUSEUM OFFERS MANY TEMPORARY EXHIBITS EACH YEAR THAT CONCENTRATE ON SPECIFIC ARTISTS OR THEMES. APPROXIMATELY 27,000 PEOPLE VIEW THESE EXHIBITIONS ANNUALLY SEE PART XV-B FOR MORE DETAILS.


FREE & FEE-BASED CLASSES ARE PROVIDED TO ADULTS & CHILDREN ON TOPICS SUCH AS ART HISTORY, DRAWING AND SCULPTURE, AS WELL AS SUBJECTS SPECIFIC TO THE PERMANENT COLLECTION AND TEMPORARY EXHIBITIONS. THE MUSEUM PRESENTS LECTURES, WORKSHOPS AND GUIDED TOURS COVERING A VARIETY OF TOPICS.CLASSES AND LECTURES INCLUDE OUR "SMALL FRYE" SERIES FOR CHILDREN, MANY SCHOOL PROGRAMS INCLUDING THOSE ADMINISTERED THRU BAILEY GATZERT PUBLIC ELEMENTARY SCHOOL, AND PROGRAMS FOR SENIORS WITH COGNITIVE ISSUES, SUCH AS ALZEIMER'S CAFE AND THE HERE:NOW SERIES. APPROXIMATELY 28,000 ADULTS ANDCHILDREN PARTICIPATE IN THESE PROGRAMS ANNUALLY. SEE PART XV-B FOR MORE DETAILS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Exp Technical
$82,629
Moss Adams
$65,550
Hillis Clare Martin & Peterson
$63,731
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $957,028
Interest on Savings $178
Dividends & Interest $737,944
Net Rental Income$4,041,001
Net Gain on Sale of Assets $349,379
Capital Gain Net Income $1,919,703
Net ST Capital Gain $159,155
Income Modifications $0
Profit on Inventory Sales $68,979
Other Income $461,399
Total Revenue $9,421,562

Grants Awarded

Over the last fiscal year, Charles & Emma Frye Free Public Art Museum Inc Testamentary Trust has awarded $1,700 in support to 2 organizations.

Grant RecipientAmount

Seattle, WA

PURPOSE: BENEFIT ART AUCTION SPONSORSHIP

$1,500

Seattle, WA

PURPOSE: SEATTLE CULTURAL ACCESSIBILITY CONSORTIUM

$200
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Charles & Emma Frye Free Public Art Museum Inc Testamentary Trust has recieved totaling $129,800.

Awarding OrganizationAmount
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: ARTS AND CULTURE

$100,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$29,800
View Grant Recipient Profile

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