Seattle Center Foundation in Seattle, Washington (WA)

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Seattle Center Foundation
Employer Identification Number (EIN)911003385
Name of OrganizationSeattle Center Foundation
Address305 Harrison Seattle, Seattle, WA 98109
ActivitiesCultural performances, Gifts, grants, or loans to other organizations
SubsectionCharitable Organization, Educational Organization
Ruling Date09/1977
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$557,055
Amount of Income$1,038,153
Form 990 Revenue Amount$922,255
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Performing Arts Organizations


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Amount of income in 2013: $1,038,153
This organization: 

 $1,038,153
Other organizations performing similar types of work: 

 $143,982

Assets in 2013: $557,055
This organization: 

 $557,055
Other organizations performing similar types of work: 

 $99,144

Expenses in 2012: $2,385,513
This organization: 

 $2,385,513
Other organizations performing similar types of work: 

 $135,647

Income to expenses ratio in 2012: 0.4
This organization: 

 0.4
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2004: 92.1%
Seattle Center Foundation: 

 92.1%
Other organizations performing similar types of work: 

 75.9%

Number of employees in 2012: 29
This organization: 

 29
Other organizations performing similar types of work: 

 5

Employees paid over $100,000 in 2012: 10.3%
Seattle Center Foundation: 

 10.3%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 75.9%
This organization: 

 75.9%
Other organizations performing similar types of work: 

 22.2%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$2,240,257
Contributions, Gifts, Grants and Other Similar Amounts$1,699,555
Program Service Revenue$205,554
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$63
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$335,085
Gross sales of inventory, less returns and allowances$465,659
Less: cost of goods sold$130,574
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$2,385,513
Compensation of current officers, directors, trustees, and key employees$80,192
Other salaries and wages$344,016
Payroll taxes$58,087
Professional fundraising services$0
Other$1,903,218
Balance Sheet (for 2012)
Total assets$446,222
Total liabilities$114,908
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$114,908
Total net assets or fund balances$331,314
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$6,555,532
Gifts, grants, contributions, and membership fees received$6,540,976
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$14,556
Gross receipts from related activities, etc.$1,982,237
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004
Total revenue$11,397,208$19,558,300$9,625,350$11,016,538$1,766,733
Contributions, gifts, grants, and similar amounts received$10,580,286$17,906,879$8,637,565$11,338,161$1,425,661
Contributions to donor advised funds
Direct public support$10,305,698$16,413,325$7,082,202$10,995,972$1,221,967
Indirect public support$0$300,000$105,000$107,500$0
Government contributions (grants)$274,588$1,193,554$1,450,363$234,689$203,694
Program service revenue including government fees and contracts$155,726$77,456$134,581$298,091$201,450
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$573,224$547,983$18,614$94,336$104,021
Dividends and interest from securities$0$1,004,744$807,628$0$0
Net rental income or (loss)$0$0$0$0$0
Gross rents$0$0$0$0$0
Less: rental expenses$0$0$0$0$0
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$-48,912$-121,874$99,129$35,601
Gross amount from sales of assets other than inventory$0$48,262,284$0$30,161,056$36,883,360
Less: cost or other basis and sales expenses$0$48,311,196$121,874$30,061,927$36,847,759
Net income or (loss) from special events and activities$0$0$0$-813,179$0
Gross revenue$0$0$0$139,456$0
Less: direct expenses other than fundraising expenses$0$0$0$952,635$0
Gross profit or (loss) from sales of inventory$87,972$70,150$19,581$0$0
Gross sales of inventory, less returns and allowances$201,996$165,159$137,344$0$0
Less: cost of goods sold$114,024$95,009$117,763$0$0
Other revenue$0$0$129,255$0$0
Total expenses$1,746,025$7,894,845$42,628,083$12,372,318$4,455,836
Program services$1,550,741$7,726,638$42,384,993$12,226,818$4,104,875
Management and general$146,183$130,133$186,679$114,456$187,850
Fundraising$49,101$38,074$56,411$31,044$163,111
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$38,077,680$49,734,260$16,731,527$15,375,747$12,722,175
Excess or (deficit) for the year$9,651,183$11,663,455$-33,002,733$-1,355,780$-2,689,103
Net assets or fund balances at beginning of year$28,426,497$38,077,680$49,734,260$16,731,527$15,375,747
Other changes in net assets or fund balances$0$-6,875$0$0$35,531
Statement of Functional Expenses (for 2004)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$4,455,836$4,104,875$187,850$163,111
Grants paid from donor advised funds
Other grants and allocations$3,007,842
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$479,309$298,481$80,810$100,018
Pension plan contributions not included above$9,481$6,124$422$2,935
Employee benefits not included above$29,968$21,282$1,874$6,812
Payroll taxes$46,198$30,321$4,766$11,111
Professional fundraising fees$0$0$0$0
Accounting fees$7,500$4,500$2,000$1,000
Legal fees$0$0$0$0
Supplies$16,994$13,197$3,094$703
Telephone$1,683$1,121$503$59
Postage and shipping$58,542$20,705$7,595$30,242
Occupancy$0$0$0$0
Equipment rental and maintenance$17,282$12,677$4,203$402
Printing and publications$373,331$356,987$12,505$3,839
Travel$0$0$0$0
Conferences, conventions, and meetings$79,537$62,702$15,385$1,450
Interest$0$0$0$0
Depreciation, depletion, etc.$27,021$0$27,021$0
Other expenses not covered above$301,148$268,936$27,672$4,540
Balance Sheets
20002001200220032004
Total assets$38,307,210$49,832,402$17,913,553$15,574,698$12,974,300
Cash - non-interest-bearing$30,234$252,114$418,040$521,181$666,368
Savings and temporary cash investments$630,410$10,959,660$50,000$0$0
Accounts receivable less allowance for doubtful accounts$93,637$78,679$98,975$78,252$488,527
Pledges receivable less allowance for doubtful accounts$12,379,769$11,178,570$10,435,183$9,608,739$5,560,525
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0
Inventories for sale or use$58,785$56,480$0$0$0
Prepaid expenses and deferred charges$19,023$15,447$8,928$12,122$13,123
Investments - publicly-traded securities
Investments - other securities$0$26,738,092$3,370,592$3,996,126$2,745,518
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Investments - other$0$0$233,714$1,254,299$3,416,108
Land, buildings, and equipment less accumulated depreciation$206,600$184,916$133,097$103,979$84,131
Other assets, including program-related investments$24,888,752$368,444$3,165,024$0$0
Total liabilities$229,530$98,142$1,182,026$198,951$252,125
Accounts payable and accrued expenses$159,530$98,142$1,182,026$198,951$252,125
Grants payable$0$0$0$0$0
Deferred revenue$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0
Other liabilities$70,000$0$0$0$0
Total liabilities and net assets/fund balances$38,307,210$49,832,402$17,913,553$15,574,698$12,974,300
Total net assets or fund balances$38,077,680$49,734,260$16,731,527$15,375,747$12,722,175
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004
Total revenue$11,397,208$19,558,300$9,625,350$11,016,538$1,766,733
Total revenue, gains, and other support per audited financial statements$11,532,589$19,646,434$9,761,753$11,969,173$2,175,710
Other expenses$135,381$88,134$0$0$408,977
Net unrealized gains on investments$0$-6,875$0$0$35,531
Donated services and use of facilities$21,357$0$0$0$373,446
Recoveries of prior year grants$0$0$0$0$0
Other$114,024$95,009$0$0$0
Other revenue$0$0$-136,403$-952,635$0
Investment expenses$0$0$0$0$0
Other$0$0$-136,403$-952,635$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004
Total expenses$1,746,025$7,894,845$42,628,083$12,372,318$4,455,836
Total expenses and losses per audited financial statements$1,881,406$7,989,854$42,764,486$13,324,953$4,829,282
Other revenue$135,381$95,009$136,403$952,635$373,446
Donated services and use of facilities$21,357$0$0$0$373,446
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$114,024$95,009$136,403$952,635$0
Other expenses$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20069
Analysis of Income-Producing Activities (for 2004)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$139,622$201,450
Program service revenue
Program service revenue 1000000$000$0$50,680
Program service revenue 2000000$000$0$150,770
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$104,021$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$35,601$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2004)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2004)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$75,000$22,500$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2004)
Expenses paid or incurred in connection with the lobbying activities$54,098
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003
Total$777,724$1,557,299$20,903,420$9,727,643$12,717,211
Gifts, grants, and contributions received$610,785$1,078,871$19,108,078$8,637,565$12,164,605
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$161,706$155,726$242,615$263,836$458,270
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$5,233$322,702$1,552,727$826,242$94,336
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2004)
Total exempt purpose expenditures$4,829,282
Total lobbying expenditures$54,098
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$54,098
Other exempt purpose expenditures$4,775,184
Lobbying nontaxable amount$391,464
Grassroots nontaxable amount$97,866
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Seattle Center Foundation305 Harrison Seattle, Seattle, WA 98109WA1977-09$1,038,153
2Grassroots Music Roadshow IncPittsboro, NC 27312NC$425,907
3Puget Sound Revels621 Tacoma Ave S Ste 402, Tacoma, WA 98402-2330WA1993-01$183,947
4Up With People-Incorporated California6830 Broadway Unit A, Denver, CO 80221-2851CO1968-09$6,086,952
5Savannah Music Festival Inc200 E St Julian St Ste 601, Savannah, GA 31401-2754GA1980-12$3,766,917
6The Mattress Factory500 Sampsonia Way, Pittsburgh, PA 15212-4444PA1978-09$3,530,409
7Whidbey Island Center For The ArtsPO BOX 52, Langley, WA 98260-0052WA1995-02$831,737
8Seattle International Childrens806 W Fulton St, Seattle, WA 98119-2269WA1984-08$798,451
9Northshore Performing Arts Center FoundationPO BOX 486, Bothell, WA 98041-0486WA1996-05$170,387
10Shohomish Artist Guild, Mac4841 Spire Ln, Everett, WA 98203-2812WA2000-02$140,885
117th Street Theatre AssociationPO BOX 777, Hoquiam, WA 98550-0777WA1987-02$105,177
12Cutter Theatre302 Park St, Metaline Fls, WA 99153-5146WA1989-12$92,785
13Columbia Basin Allied Arts7662 Chanute St Ne, Moses Lake, WA 98837-3293WA1979-04$83,029
14Wenatchee Youth Circus IncPO BOX 1733, Wenatchee, WA 98807-1733WA1988-09$67,820
15Ragamala4624 Ne 89th St, Seattle, WA 98115-3968WA1981-11$12,273
16Kids On The Block North Sound2731 10th St 204, Everett, WA 98201-1413WA1996-06$11,300
17Cascade Youth CircusPO BOX 857, Maple Valley, WA 98038WA1996-04$8,330
18Bd Arts400 108th Ave Ne 110, Bellevue, WA 98004WA1984-01$0
19Northwest Scottish Fiddlers725 Driftwood Lane, Edmonds, WA 98020WA2008-05$0
20Seattle Fringe Theatre Productions1123 E John St, Seattle, WA 98102-6117WA1996-10$0
Number of organizations performing similar types of work
Alaska1
Alabama6
Arkansas2
Arizona1
California42
Colorado12
Connecticut4
District of Columbia5
Delaware1
Florida18
Georgia9
Hawaii1
Iowa4
Idaho7
Illinois15
Indiana4
Kansas6
Kentucky5
Louisiana5
Massachusetts17
Maryland11
Maine6
Michigan8
Minnesota11
Missouri7
Mississippi1
Montana1
North Carolina4
North Dakota3
Nebraska2
New Hampshire5
New Jersey9
New Mexico3
Nevada2
New York58
Ohio15
Oklahoma2
Oregon8
Pennsylvania20
Rhode Island8
South Carolina4
Tennessee1
Texas19
Utah4
Virginia15
Vermont8
Washington16
Wisconsin8
Wyoming2
Total426

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