Bainbridge Arts and Crafts Inc

EIN: 910714664 501(c)(3) Arts, Culture & Humanities

Bainbridge Island, WA

Total Revenue
$583,391
Total Expenses
$378,778
Total Assets
$551,614
Net Assets
$460,162
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
WA
Principal Officer
Jennifer Albrecht
Phone
2068423132
Tax Period
2024-07-01 to 2025-06-30

Bainbridge Arts and Crafts Inc, founded in 1954, is a small nonprofit in the Arts, Culture & Humanities sector that reported $583K in total revenue in fiscal year 2024. The organization ran a surplus of $205K, a strong 35% operating margin.

Mission

Bainbridge Arts Crafts fosters creativity and connection through the transformative power of art by supporting diverse local and regional artists providing arts education and cultivating a community where art and artists thrive

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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 $298,229
Program Service Revenue $97,785
Investment Income $19
Other Revenue $187,358
TOTAL REVENUE $583,391

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $218,164
Fundraising Expenses $29,013
Program Expenses $235,573
Other Expenses $158,614
TOTAL EXPENSES $378,778

Year-over-Year Comparison

2024 2023 Change
Revenue $583,391 $575,734 +0.0%
Expenses $378,778 $606,162 -0.4%
Net Income $204,613 $-30,428 -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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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
20

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
$0
Total Directors
10
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY TERRY Director 0.00
Director
$0 $0 $0
ELLIN SPENSER President 4.00
Officer Director
$0 $0 $0
JANICE SHAW Vice President 4.00
Officer Director
$0 $0 $0
KATHLEEN THORNE Secretary 4.00
Officer Director
$0 $0 $0
SUSANNE LINDSLEY Treasurer 8.00
Officer Director
$0 $0 $0
SCOTT ALLEN Director 4.00
Director
$0 $0 $0
ERIC CEDARWALL Director 2.00
Director
$0 $0 $0
KATE RUTLEDGE JAFFE Director 4.00
Director
$0 $0 $0
LAURA MARSHALL Director 4.00
Director
$0 $0 $0
ELAINE VONROSENSTIEL Director 4.00
Director
$0 $0 $0
SUSAN JACKSON Executive Director 40.00
Key Emp
$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 $583,391 $378,778 $551,614 $204,613
2024 $575,734 $606,162 $434,708 $-30,428
2023 $628,551 $597,367 $813,713 $31,184
2022 $400,511 $550,351 $772,942 $-149,840
2021 $485,325 $492,017 $908,274 $-6,692
2020 $526,613 $525,780 $773,846 $833
2019 $558,363 $467,854 $781,812 $90,509
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