Seward Park Art Studio
- Assets
- $430.2k
- Revenue
- $473.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Seattle, WA
- Founding
- 10/1991
- Data as of
- 06/2022
- EIN
- 91-1316829
Organization Overview
Seward Park Art Studio is located in Seattle, WA. The organization was established in 1991. According to its NTEE Classification (A90) the organization is classified as: Arts Services, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Seward Park Art Studio employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seward Park Art Studio 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 06/2022, Seward Park Art Studio generated $473.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $363.3k during the year ending 06/2022. While expenses have increased by 6.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GROWTH OF THE CERAMIC ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE CLASSES AND WORKSHOPS FOR OVER 250 STUDENTS, SOME WHO ENROLL IN MULTIPLE QUARTERS. THIS INCLUDES HUNDREDS OF HOURS OF OPEN STUDIO TIME, WHERE STUDENTS HAVE ACCESS TO A FULLY EQUIPPED CERAMIC STUDIO.
WE PROVIDE RESIDENCIES FOR OVER 20 CERAMICS ARTISTS EACH YEAR, GIVING THEM STUDIO SPACE, ACCESS TO ALL FACILITIES AND MATERIALS, AND OPPORTUNITIES TO EXHIBIT WORK AND HAVE THEIR ARTISTRY PROMOTED AND CELEBRATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Olsen Executive Director | Officer | 32 | $57,674 |
John Taylor Studio Manager | Officer | 20 | $24,000 |
Jayme Verfaille President | OfficerTrustee | 5 | $0 |
Art Pasette Vice President | OfficerTrustee | 1 | $0 |
Keri Holmboe Secretary | OfficerTrustee | 2 | $0 |
Julie Ives Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,015 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,658 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,782 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,455 |
| Total Program Service Revenue | $345,519 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $37,794 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $473,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,901 |
| Compensation of current officers, directors, key employees. | $29,451 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,038 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,609 |
| Payroll taxes | $8,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $148 |
| Fees for services: Accounting | $5,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,405 |
| Office expenses | $19,789 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,642 |
| Travel | $666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $258 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,351 |
| Insurance | $3,178 |
| All other expenses | $3,636 |
| Total functional expenses | $363,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,916 |
| Savings and temporary cash investments | $133,067 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,843 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $30,350 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $430,176 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,618 |
| Total liabilities | $2,618 |
| Net assets without donor restrictions | $427,558 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $430,176 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Seward Park Art Studio has recieved totaling $12,100.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $12,000 |
Medina Foundation Seattle, WA PURPOSE: EMPLOYEE MATCHING DONATION | $50 |
Medina Foundation Seattle, WA PURPOSE: EMPLOYEE MATCHING DONATION | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
All Ages Music Portland Portland, OR | $390,328 | $942,992 |
Talent Maker City Talent, OR | $303,650 | $529,068 |
Seward Park Art Studio Seattle, WA | $430,176 | $473,773 |
Playa Summer Lake, OR | $29,610 | $306,038 |
Playa Foundation Summer Lake, OR | $2,889,899 | $102,159 |
Cymaspace Portland, OR | $66,881 | $0 |
Coeur D Alene Arts And Culture Alliance Inc Coeur Dalene, ID | $90,523 | $0 |
Dancewire Portland, OR | $45,208 | $0 |
Music Education & Performing Artists Association Eugene, OR | $50,820 | $0 |
Base Camp Studio Bend, OR | $35,726 | $0 |
Florence Regional Arts Alliance Florence, OR | $60,565 | $0 |
Sisters Arts Association Sisters, OR | $31,347 | $0 |