SPLAB

EIN: 911618296 501(c)(3) Arts, Culture & Humanities

Seattle, WA

Total Revenue
$60,172
Total Expenses
$60,222
Total Assets
$13,480
Net Assets
$13,480
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
WA
Tax Period
2021-01-01 to 2021-12-31

SPLAB, founded in 1993, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $60K in total revenue in fiscal year 2021. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

EMPOWERING PEOPLE TO PRACTICE POETRY & DEEPEN CONNECTIONS TO PLACE, SELF & THE PRESENT MOMENT.

Program Service Accomplishments

Program 1
Expenses: $13,683

INTERVIEWS.Fourteen interviews were conducted in 2021, but two of them were produced and posted in 2022 as PODCASTS! Yes, we launched the Cascadian Prophets Podcast in 2021 and our interviews can now...

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INTERVIEWS.Fourteen interviews were conducted in 2021, but two of them were produced and posted in 2022 as PODCASTS! Yes, we launched the Cascadian Prophets Podcast in 2021 and our interviews can now be heard on Spotify.

Program 2
Expenses: $10,291 Revenue: $9,962

POETRY POSTCARD FEST. THE POETRY POSTCARD FEST CELEBRATED ITS 15TH SEASON, WITH 519 PARTICIPANTS IN 13 DIFFERENT COUTNRIES AND 46 DIFFERENT STATES AND CANADIAN PROVINCES. A NEW WEBSITE WAS CREATED IN...

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POETRY POSTCARD FEST. THE POETRY POSTCARD FEST CELEBRATED ITS 15TH SEASON, WITH 519 PARTICIPANTS IN 13 DIFFERENT COUTNRIES AND 46 DIFFERENT STATES AND CANADIAN PROVINCES. A NEW WEBSITE WAS CREATED IN 2021 AND EASES THE REGISTRATION PROCESS.

Program 3
Expenses: $9,956 Revenue: $14,718

WORKSHOPS.We conducted many weeks-long workshops in 2021 via Zoom to amazing reviews:Thanks so much for an engaging workshop what fun! The best thing about it, to my mind, is your affirmative and...

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WORKSHOPS.We conducted many weeks-long workshops in 2021 via Zoom to amazing reviews:Thanks so much for an engaging workshop what fun! The best thing about it, to my mind, is your affirmative and humor-graced approach to all. You have a genius for getting people connected and encouraging their work Margaret Lee, Tulsa, OKPaul Nelsons organic poetry workshops are less a class than a journey, leading the participant not only to an ingeniously natural method of writing, but to the living energy of the poem itself. And he does this all with humor, profound inclusion and deep knowledge about organic verse, its origins with the Beats & Black Mountain school and its profound applicability to todays poets. If you want to learn how to clip the strings of your mental editor and free your lines to run where they really want to, take this course. Rob Lewis, Bow, WA

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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 (2021)

Revenue Breakdown

Contributions & Grants $30,884
Program Service Revenue $26,605
Investment Income $0
Other Revenue $2,683
TOTAL REVENUE $60,172

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,972
Fundraising Expenses $1,350
Program Expenses $33,930
Other Expenses $53,250
TOTAL EXPENSES $60,222

Year-over-Year Comparison

2021 2020 Change
Revenue $60,172 $40,295 +0.5%
Expenses $60,222 $28,333 +1.1%
Net Income $-50 $11,962 -1.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
1
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL NELSON FOUNDING DIRECTOR 40.00
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
2021 $60,172 $60,222 $13,480 $-50
2020 $40,295 $28,333 $13,530 $11,962
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