SEATTLE ARTS AND MUSIC GROUP

EIN: 465537705 Arts, Culture & Humanities

SEATTLE, WA

Total Revenue
$334,155
Total Expenses
$245,831
Total Assets
$117,925
Net Assets
$117,076
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
WA
Principal Officer
JASON LAJEUNESSE
Phone
2067099442
Tax Period
2023-01-01 to 2023-12-31

SEATTLE ARTS AND MUSIC GROUP, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $334K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $88K, a strong 26% operating margin.

Mission

TO SUPPORT ARTISTS AND LIKE-MINDED NON-PROFIT GROUPS WORKING IN BOTH THE VISUAL AND MUSIC ARTS VOCATIONS THROUGH FUNDRAISING, INFRASTRUCTURE, PROMOTION & NETWORKING.

Program Service Accomplishments

Program 1
Expenses: $245,831

IN JULY 2023, WE HOSTED THE CAPITOL HILL BLOCK PARTY. THE CAPITOL HILL BLOCK PARTY IS AN ANNUAL THREE-DAY MUSIC FESTIVAL HELD EACH JULY IN THE CAPITOL HILL NEIGHBORHOOD OF SEATTLE. PERFORMANCE GENRES...

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IN JULY 2023, WE HOSTED THE CAPITOL HILL BLOCK PARTY. THE CAPITOL HILL BLOCK PARTY IS AN ANNUAL THREE-DAY MUSIC FESTIVAL HELD EACH JULY IN THE CAPITOL HILL NEIGHBORHOOD OF SEATTLE. PERFORMANCE GENRES INCLUDE POP, R&B, INDIE ROCK, PUNK, EDM, AND MANY MORE. ONE OF OUR PRIMARY GOALS IS TO SUPPORT AND PROMOTE THE LOCAL AND REGIONAL TALENT OF THE PACIFIC NORTHWEST. COLLECTIVELY, THE LINEUP IS A UNIQUELY CURATED GLIMPSE INTO WHAT'S HAPPENING HERE AND NOW IN THE PNW AND BEYOND. CHBP IS ONE OF THE LAST INDEPENDENTLY-OWNED FESTIVALS OF ITS SIZE IN THE COUNTRY.

Program 2

DAY IN DAY OUT IS A TWO-DAY, SINGLE-STAGE FESTIVAL IN THE HEART OF SEATTLE AT FISHER GREEN PAVILION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $334,155
TOTAL REVENUE $334,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,925
Fundraising Expenses $0
Program Expenses $245,831
Other Expenses $124,906
TOTAL EXPENSES $245,831

Year-over-Year Comparison

2023 2022 Change
Revenue $334,155 $412,552 -0.2%
Expenses $245,831 $346,992 -0.3%
Net Income $88,324 $65,560 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
1
Employees
145
Volunteers
N/A

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON LAJEUNESSE DIRECTOR 3.00
Officer Director
$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
2024 No data No data No data No data
2023 $334,155 $245,831 $117,925 $88,324
2022 $412,552 $346,992 $28,911 $65,560
2021 $76,120 $108,371 $6,979 $-32,251
2020 $7,500 $21,758 $640 $-14,258
2019 $258,648 $252,994 $10,003 $5,654
2018 $288,280 $290,396 $4,792 $-2,116
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