PIKE PLACE MARKET FOUNDATION

EIN: 911197625 501(c)(3) Community Improvement

SEATTLE, WA

Total Revenue
$3,467,746
Total Expenses
$3,608,581
Total Assets
$10,657,923
Net Assets
$8,996,352
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
WA
Phone
2068039803
Tax Period
2024-04-01 to 2025-03-31

PIKE PLACE MARKET FOUNDATION, founded in 1982, is a community nonprofit in the Community Improvement sector that reported $3.5M in total revenue in fiscal year 2024. Net assets of $9.0M represent 31 months of operating reserves.

Mission

TO RAISE FUNDS TO SUPPORT PROGRAMS THAT SERVE LOW-INCOME PEOPLE, HERITAGE PROGRAMS, AND PUBLIC IMPROVEMENTS IN SEATTLE'S PIKE PLACE MARKET.

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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 $3,369,366
Program Service Revenue $0
Investment Income $272,952
Other Revenue $-174,572
TOTAL REVENUE $3,467,746

Expense Breakdown

Grants Paid $1,718,566
Salaries & Benefits $1,157,959
Fundraising Expenses $728,986
Program Expenses $2,440,211
Other Expenses $732,056
TOTAL EXPENSES $3,608,581

Year-over-Year Comparison

2024 2023 Change
Revenue $3,467,746 $3,481,788 0.0%
Expenses $3,608,581 $4,051,213 -0.1%
Net Income $-140,835 $-569,425 -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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
37
Independent Members
37
Employees
20
Volunteers
327

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
6
$174,050
Total Directors
37
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE CRAIG SECRETARY 2.0
Officer Director
$0 $0 $0
JESSICA CARSO BHUIYAN EXECUTIVE DIRECTOR, SEARCH COMM 2.0
Officer Director
$0 $0 $0
JONATHAN BAHE PRESIDENT ELECT 2.0
Officer Director
$0 $0 $0
KIRSTEN ANDERSON PRESIDENT 2.0
Officer Director
$0 $0 $0
SARAH MILLS TREASURER 2.0
Officer Director
$0 $0 $0
ALAN CAI DIRECTOR 2.0
Director
$0 $0 $0
ASHLEY HAYES DIRECTOR 2.0
Director
$0 $0 $0
CHRIS VOLK DIRECTOR 2.0
Director
$0 $0 $0
CLINT BENNETT DIRECTOR 2.0
Director
$0 $0 $0
CORA CHAIREZ-CARTER DIRECTOR 2.0
Director
$0 $0 $0
DEAN MORELL DIRECTOR 2.0
Director
$0 $0 $0
EDDIE KIRSCHENBAUM DIRECTOR 2.0
Director
$0 $0 $0
EDWARD GAY DIRECTOR 2.0
Director
$0 $0 $0
HEATHER YANG HWALEK DIRECTOR 2.0
Director
$0 $0 $0
HENRY ARIAS DIRECTOR 2.0
Director
$0 $0 $0
JAMIE CAMPBELL DIRECTOR 2.0
Director
$0 $0 $0
JASON HAMBLIN DIRECTOR 2.0
Director
$0 $0 $0
JOEL CARSLEY DIRECTOR 2.0
Director
$0 $0 $0
JOHN BATES DIRECTOR 2.0
Director
$0 $0 $0
KA BAO LEE DIRECTOR 2.0
Director
$0 $0 $0
KEN KATZAROFF DIRECTOR 2.0
Director
$0 $0 $0
KIM RAMIREZ DIRECTOR 2.0
Director
$0 $0 $0
LARRY MELLUM DIRECTOR 2.0
Director
$0 $0 $0
MARLANA KOHN DIRECTOR 2.0
Director
$0 $0 $0
MARTHA MICKELSON DIRECTOR 2.0
Director
$0 $0 $0
MARY GRACE ROSKE DIRECTOR 2.0
Director
$0 $0 $0
MATT ROSSTON DIRECTOR 2.0
Director
$0 $0 $0
MELITA LOVE DIRECTOR 2.0
Director
$0 $0 $0
MICHAEL WOODY DIRECTOR 2.0
Director
$0 $0 $0
MICHELE SHAW DIRECTOR 2.0
Director
$0 $0 $0
NATALIE ROMIG DIRECTOR 2.0
Director
$0 $0 $0
NICK FERDERER DIRECTOR 2.0
Director
$0 $0 $0
RALUCA POP DIRECTOR 2.0
Director
$0 $0 $0
ROSALYN ADAMS DIRECTOR 2.0
Director
$0 $0 $0
SCOTT WASNER DIRECTOR 2.0
Director
$0 $0 $0
SKYE SAYLOR DIRECTOR 2.0
Director
$0 $0 $0
WARREN STICKNEY DIRECTOR 2.0
Director
$0 $0 $0
LILLIAN SHERMAN EXECUTIVE DIRECTOR 40.0
Officer
$160,950 $13,100 $174,050
CRYSTAL DIXON DIRECTOR OF STRATEGIC IMPACT 40.0
Highest
$115,276 $11,737 $127,013
PATRICIA GRAY DIRECTOR OF PHILANTHROPY 40.0
Highest
$119,857 $11,797 $131,654
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 $3,467,746 $3,608,581 $10,657,923 $-140,835
2024 $3,481,788 $4,051,213 $10,535,170 $-569,425
2023 $2,975,335 $3,199,481 $9,999,327 $-224,146
2022 $3,512,445 $3,021,987 $10,945,541 $490,458
2021 $4,588,932 $2,987,522 $10,112,064 $1,601,410
2020 $2,481,781 $2,404,376 $6,618,297 $77,405
2019 $2,323,988 $2,047,171 $7,087,946 $276,817
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