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Nonprofiteer
← SEATTLE HISTORIC WATERFRONT ASSOCIATION

Form 990 for tax year 2023

Filed by SEATTLE HISTORIC WATERFRONT ASSOCIATION.

Totals

Total revenue
$475,229
Total expenses
$436,393
Contributions and grants received
$475,062
Grants paid
$0
Program service revenue
$0
Investment income
$167
Other revenue
$0
Total assets, end of year
$92,992
Total liabilities, end of year
$32,822
Net assets or fund balances, end of year
$60,170
Program services expenses (Part IX)
$435,343
Management and general expenses
$1,050
Fundraising expenses
$0
Program service expenses (Part III)
$435,343

Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $125,310

  • 1f · All other contributions, gifts and grants

    $349,752

  • 3 · Investment income

    total $167 · unrelated business $0 · excluded $167

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $3,626 · program services $3,626 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $900 · program services $0 · management and general $900 · fundraising $0

  • 12 · Advertising and promotion

    total $132,678 · program services $132,678 · management and general $0 · fundraising $0

  • 24a · Other expenses: Parking/Access Program

    total $276,750 · program services $276,750 · management and general $0 · fundraising $0

  • 24b · Other expenses: Security Program

    total $22,289 · program services $22,289 · management and general $0 · fundraising $0

  • 24c · Other expenses: Dues/Subscriptions

    total $150 · program services $0 · management and general $150 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $51,306 · end of year $92,992

  • 19 · Deferred revenue

    beginning of year $29,972 · end of year $32,822

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $21,334 · end of year $60,170

Mission and programs · 2023

Mission

Represent the greater Seattle waterfront community

  • The Association served the greater Seattle waterfront community representing dozens of businesses, residents, public facilities and visitors with the Association's efforts to understand and advocate for the community and the redevelopment of the central waterfront. The Association incurred expenses reviewing the various projects and mitigation ideas. For instance, during construction, a major problem was letting the community and tourists know that Seattle's Waterfront is open, which the organization did through its website, purchased advertising, and social media. Another problem was the lack of parking for visitors, 70% of whom arrived on the waterfront in family groups by car. So the association purchased parking in the Pike Place Market garage and gave visitors free parking for 2 hours if they visited a merchant on the waterfront. Our goal is to promote the waterfront as being open, safe and fun for all.

    Expenses $435,343

As filed on the 2023 return.

Listed in Part VII

  • P Ryan Smith

    President

    Total calculated
    $0
    Hours/week
    1
  • H Martin Smith III

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Robert Donegan

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Kyle Griffith

    Secretary

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
25 March 2024
IRS schema version
2023v5.0
Source object
202401249349301730

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