PORT ANGELES WATERFRONT CENTER DBA FIELD ARTS & EVENTS HALL

EIN: 813062077 501(c)(3) Arts, Culture & Humanities

PORT ANGELES, WA

Total Revenue
$5,888,579
Total Expenses
$2,693,148
Total Assets
$63,621,172
Net Assets
$52,893,955
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
WA
Principal Officer
JEANNE MARTIN
Phone
3604774679
Tax Period
2023-01-01 to 2023-12-31

PORT ANGELES WATERFRONT CENTER DBA FIELD ARTS & EVENTS HALL, founded in 2016, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.9M in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3.2M, a strong 54% operating margin.

Mission

THE PORT ANGELES WATERFRONT CENTER IS A HOME FOR ARTS AND EVENTS THAT BRING PEOPLE TOGETHER AND STRENGTHENS OUR COMMUNITY.

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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 $5,286,677
Program Service Revenue $449,625
Investment Income $101,263
Other Revenue $51,014
TOTAL REVENUE $5,888,579

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,087,227
Fundraising Expenses $572,844
Program Expenses $1,926,210
Other Expenses $1,605,921
TOTAL EXPENSES $2,693,148

Year-over-Year Comparison

2023 2022 Change
Revenue $5,888,579 $18,308,408 -0.7%
Expenses $2,693,148 $779,604 +2.5%
Net Income $3,195,431 $17,528,804 -0.8%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
51
Volunteers
200

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
5
$164,436
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDITH MORRIS VICE PRESIDENT 8.00
Officer Director
$0 $0 $0
JEANNE MARTIN TREASURER 8.00
Officer Director
$0 $0 $0
CHRISTOPHER THOMSEN SECRETARY 8.00
Officer Director
$0 $0 $0
BROOKE TAYLOR PRESIDENT 8.00
Officer Director
$0 $0 $0
BRUCE SKINNER DIRECTOR 8.00
Director
$0 $0 $0
SCOTT SCHERER DIRECTOR 8.00
Director
$0 $0 $0
PILI MEYER DIRECTOR 8.00
Director
$0 $0 $0
GAIL RALSTON DIRECTOR 8.00
Director
$0 $0 $0
CASI FORS DIRECTOR 8.00
Director
$0 $0 $0
MATT DEINES DIRECTOR 8.00
Director
$0 $0 $0
MARK FISCHER DIRECTOR 8.00
Director
$0 $0 $0
KIM REYNOLDS DIRECTOR 8.00
Director
$0 $0 $0
NATHAN WEST DIRECTOR 8.00
Director
$0 $0 $0
STEVEN GINSBURG EXECUTIVE DIRECTOR 40.00
Officer
$156,151 $8,285 $164,436
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 $5,888,579 $2,693,148 $63,621,172 $3,195,431
2022 $18,308,408 $779,604 $52,564,035 $17,528,804
2021 $3,947,950 $732,070 $42,802,752 $3,215,880
2020 $3,407,204 $480,066 $42,560,205 $2,927,138
2019 $1,732,707 $323,730 $27,278,310 $1,408,977
2018 $13,845,166 $195,539 $24,973,939 $13,649,627
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