THE PHFFFT COMPANY INC

EIN: 133761279 501(c)(3) Arts, Culture & Humanities

Seattle, WA

Total Revenue
$387,041
Total Expenses
$271,743
Total Assets
$392,767
Net Assets
$380,382
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NY
Principal Officer
CYRUS KHAMBATTA
Phone
2065520694
Tax Period
2024-06-01 to 2025-05-31

THE PHFFFT COMPANY INC, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $387K in total revenue in fiscal year 2024. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $115K, a strong 30% operating margin.

Mission

Phffft Company's mission is to engage audiences through the exploration of contemporary issues; emotionally resonant performances; and an invested, generative process of dance creation by a diverse group of dancers. Through its signature program, the Seattle International Dance Festival, the Company seeks to unify communities by showcasing the work of local, regional and international dance artists who exemplify the diversity of contemporary dance practices and the richness of human experience.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $320,544
Program Service Revenue $56,353
Investment Income $10,144
Other Revenue $0
TOTAL REVENUE $387,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,749
Program Expenses $244,940
Other Expenses $271,743
TOTAL EXPENSES $271,743

Year-over-Year Comparison

2024 2023 Change
Revenue $387,041 $178,138 +1.2%
Expenses $271,743 $195,257 +0.4%
Net Income $115,298 $-17,119 -7.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
28

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$46,374
Total Directors
7
$46,374
Key Employees
3
$17,890
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cyrus Khambatta President 40
Officer Director
$46,374 $0 $46,374
Catherine Nueva Espana Program Manager - James Ray Residency 2
Key Emp
$8,775 $0 $8,775
Nathan Cook Company Manager 2
Key Emp
$6,115 $0 $6,115
Lindsey Sandri Social Media Manager 2
Key Emp
$3,000 $0 $3,000
Julie Tobiason Treasurer 2
Officer Director
$0 $0 $0
Arlene Martin Chair 5
Director
$0 $0 $0
Tim Tapping Secretary 3
Officer Director
$0 $0 $0
Zephira Davis Director 4
Director
$0 $0 $0
Jill Stutzman Director 3
Director
$0 $0 $0
Brittany Dapremont Director 4
Director
$0 $0 $0
Callan Moore Director 2
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $387,041 $271,743 $392,767 $115,298
2024 $178,138 $195,257 $274,360 $-17,119
2023 $403,853 $203,103 $289,953 $200,750
2020 $202,384 $180,880 $25,557 $21,504
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