EDMONDS CENTER FOR THE ARTS

EIN: 743089412 501(c)(3) Arts, Culture & Humanities

EDMONDS, WA

Total Revenue
$1,270,070
Total Expenses
$1,340,961
Total Assets
$338,563
Net Assets
$240,512
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
WA
Principal Officer
LORI MEAGHER
Phone
4252754485
Tax Period
2024-01-01 to 2024-12-31

EDMONDS CENTER FOR THE ARTS, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE EDMONDS PUBLIC FACILITIES DISTRICT, A TAX EXEMPT GOVERNMENT ORGANIZATION THROUGH CELEBRATING THE PERFORMING ARTS, STRENTHENING, AND INSPIRING THE COMMUNITY AND STEWARDING THE DEVELOPMENT AND CREATIVE USE OF THE EDMONDS CENTER FOR THE ARTS CAMPUS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $723,760
Program Service Revenue $351,476
Investment Income $263
Other Revenue $194,571
TOTAL REVENUE $1,270,070

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $9,514
Program Expenses $189,323
Other Expenses $1,340,961
TOTAL EXPENSES $1,340,961

Year-over-Year Comparison

2024 2023 Change
Revenue $1,270,070 $1,270,859 0.0%
Expenses $1,340,961 $1,188,403 +0.1%
Net Income $-70,891 $82,456 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
23
Independent Members
23
Employees
N/A
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
3
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CORBITT LOCH BOARD MEMBER 2.00
Director
$0 $0 $0
RICK CANNING SECRETARY/TREASURER 6.00
Officer Director
$0 $0 $0
LAURA ELLIS BOARD MEMBER 3.50
Director
$0 $0 $0
MATT COX BOARD VICE-PRESIDENT 4.00
Director
$0 $0 $0
HEIDI S NAPOLITINO BOARD MEMBER 3.00
Director
$0 $0 $0
VICTORIA O'GORMAN BOARD MEMBER 1.00
Director
$0 $0 $0
NILES PEACOCK BOARD MEMBER 0.10
Director
$0 $0 $0
TANYA SHARP BOARD MEMBER 1.00
Director
$0 $0 $0
JEANNE THORSEN BOARD MEMBER 1.25
Director
$0 $0 $0
COURTNEY WOOTEN BOARD MEMBER 2.50
Director
$0 $0 $0
NICK SWEERS BOARD MEMBER 0.25
Director
$0 $0 $0
KIM BAYER-AUGUSTAVO BOARD MEMBER 1.50
Director
$0 $0 $0
NORM BROWN BOARD MEMBER 3.50
Director
$0 $0 $0
MICHAEL CHONG BOARD MEMBER 0.50
Director
$0 $0 $0
MATT BALDOCK BOARD MEMBER 0.50
Director
$0 $0 $0
TONI BAUMANN BOARD MEMBER 0.75
Director
$0 $0 $0
GLENDA KRULL BOARD MEMBER 7.00
Director
$0 $0 $0
TREASURE MACKLEY BOARD MEMBER 2.00
Director
$0 $0 $0
STEVEN RUANE BOARD MEMBER 0.50
Director
$0 $0 $0
JEFF LEWIS BOARD MEMBER 2.00
Director
$0 $0 $0
JAMIE AARONSON BOARD MEMBER 0.75
Director
$0 $0 $0
DAVID SCHAEFER IMMEDIATE PAST PRESIDENT 3.00
Officer
$0 $0 $0
LINDSAY GEYER BOARD PRESIDENT 12.00
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
2024 $1,270,070 $1,340,961 $338,563 $-70,891
2023 $1,270,859 $1,188,403 $463,169 $82,456
2022 $1,017,282 $1,264,653 $639,170 $-247,371
2021 $954,686 $757,399 $603,823 $197,287
2020 $1,320,246 $1,180,981 $360,676 $139,265
2019 $1,318,785 $1,342,674 $307,457 $-23,889
2018 $1,356,149 $1,253,368 $367,038 $102,781
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare EDMONDS CENTER FOR THE ARTS with other nonprofits in Washington and across the country.