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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