Totals
- Total revenue
- $38,873,857
- Total expenses
- $41,616,349
- Contributions and grants received
- $10,761,125
- Grants paid
- $0
- Program service revenue
- $6,097,696
- Investment income
- $18,557,887
- Other revenue
- $3,457,149
- Total assets, end of year
- $414,023,960
- Total liabilities, end of year
- $39,782,056
- Net assets or fund balances, end of year
- $374,241,904
- Program services expenses (Part IX)
- $30,498,426
- Management and general expenses
- $8,046,723
- Fundraising expenses
- $3,071,200
- Program service expenses (Part III)
- $30,498,426
Program services were 73.3% 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.
-
1a · Federated campaigns
$355,176
-
1b · Membership dues
$4,541,546
-
1c · Fundraising events
$889,361
-
1e · Government grants (contributions)
$575,875
-
1f · All other contributions, gifts and grants
$4,399,167
-
1g · Noncash contributions included above
$536,300
-
2a · Program service revenue: ADMISSIONS
total $4,910,357 · related or exempt $4,910,357
-
2b · Program service revenue: MEMBERSHIP DUES
total $770,869 · related or exempt $770,869
-
2c · Program service revenue: EDUCATIONAL PROGRAMS
total $416,470 · related or exempt $416,470
-
3 · Investment income
total $3,212,762 · excluded $3,212,762
-
5 · Royalties
total $8,153 · excluded $8,153
-
6a · Gross rents
real property $7,859,094
-
6b · Less rental expenses
real property $5,408,601
-
6c · Rental income or loss
real property $2,450,493
-
6d · Net rental income or loss
total $2,450,493 · excluded $2,450,493
-
7a · Gross sales of assets other than inventory
securities $68,431,662 · other assets $2,445
-
7b · Less cost or other basis and sales expenses
securities $53,088,982 · other assets $0
-
7c · Gain or loss
securities $15,342,680 · other assets $2,445
-
7d · Net gain or loss
total $15,345,125 · excluded $15,345,125
-
8a · Fundraising events: gross income
$151,075
-
8a · Fundraising events: contributions included on line 1c
$889,361
-
8b · Fundraising events: direct expenses
$390,795
-
8c · Net income from fundraising events
total -$239,720 · excluded -$239,720
-
9a · Gaming: gross income
$4,875
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $4,875 · excluded $4,875
-
10a · Gross sales of inventory
$1,874,135
-
10b · Cost of goods sold
$934,737
-
10c · Net income from sales of inventory
total $939,398 · related or exempt $857,957 · unrelated business $81,441
-
11a · Other revenue: FOOD SVC COMMISSION
total $204,669 · unrelated business $18,118 · excluded $186,551
-
11b · Other revenue: PARKING
total $52,953 · unrelated business $39,715 · excluded $13,238
-
11c · Other revenue: REIMBURSEMENTS
total $19,212 · excluded $19,212
-
11d · All other revenue
total $17,116 · excluded $17,116
-
11e · Other revenue, total
$293,950
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,621,250 · program services $784,682 · management and general $554,135 · fundraising $282,433
-
7 · Other salaries and wages
total $14,936,216 · program services $11,687,440 · management and general $1,925,673 · fundraising $1,323,103
-
8 · Pension plan contributions
total -$483,052 · program services -$412,002 · management and general -$11,152 · fundraising -$59,898
-
9 · Other employee benefits
total $1,350,475 · program services $1,053,874 · management and general $154,239 · fundraising $142,362
-
10 · Payroll taxes
total $1,324,841 · program services $1,016,546 · management and general $187,246 · fundraising $121,049
-
11b · Fees: legal
total $349,419 · program services $308,945 · management and general $40,474
-
11c · Fees: accounting
total $124,805 · management and general $124,805
-
11d · Fees: lobbying
total $24,085 · management and general $24,085
-
11e · Fees: professional fundraising services
total $293,358 · fundraising $293,358
-
11f · Fees: investment management
total $781,174 · management and general $781,174
-
11g · Fees: other
total $2,996,289 · program services $2,632,357 · management and general $277,347 · fundraising $86,585
-
12 · Advertising and promotion
total $1,000,711 · program services $959,725 · management and general $1,959 · fundraising $39,027
-
13 · Office expenses
total $2,734,958 · program services $1,912,368 · management and general $413,536 · fundraising $409,054
-
14 · Information technology
total $89,919 · program services $127 · management and general $89,792
-
16 · Occupancy
total $7,036,182 · program services $4,745,762 · management and general $2,290,420
-
17 · Travel
total $322,530 · program services $277,810 · management and general $6,822 · fundraising $37,898
-
20 · Interest
total $92,615 · management and general $92,615
-
22 · Depreciation, depletion and amortization
total $4,059,740 · program services $3,027,518 · management and general $1,032,222
-
23 · Insurance
total $1,206,244 · program services $1,206,244
-
24a · Other expenses: EXHIBITIONS
total $786,443 · program services $781,423 · management and general $289 · fundraising $4,731
-
24b · Other expenses: CATERING
total $617,961 · program services $173,203 · management and general $53,260 · fundraising $391,498
-
24c · Other expenses: ART ACCESSION
total $186,118 · program services $186,118
-
24d · Other expenses: TAXES AND LICENSES
total $164,068 · program services $156,286 · management and general $7,782
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $21,646,453 · end of year $16,273,036
-
2 · Savings and temporary cash investments
beginning of year $3,608,571 · end of year $6,073,585
-
3 · Pledges and grants receivable
beginning of year $6,734,417 · end of year $4,994,927
-
4 · Accounts receivable
beginning of year $758,546 · end of year $786,549
-
7 · Other notes and loans receivable
beginning of year $22,547,685 · end of year $22,047,232
-
8 · Inventories for sale or use
beginning of year $493,761 · end of year $583,514
-
9 · Prepaid expenses and deferred charges
beginning of year $1,038,654 · end of year $1,132,304
-
10a · Land, buildings and equipment: cost or other basis
$177,001,402
-
10b · Land, buildings and equipment: accumulated depreciation
$93,885,557
-
10c · Land, buildings and equipment, net
beginning of year $86,562,660 · end of year $83,115,845
-
11 · Investments: publicly traded securities
beginning of year $111,226,119 · end of year $113,255,113
-
12 · Investments: other securities
beginning of year $77,388,675 · end of year $83,523,508
-
13 · Investments: program-related
beginning of year $21,862,058 · end of year $21,507,588
-
15 · Other assets
beginning of year $64,577,314 · end of year $60,730,759
-
17 · Accounts payable and accrued expenses
beginning of year $2,932,971 · end of year $3,659,208
-
19 · Deferred revenue
beginning of year $1,290,162 · end of year $1,559,884
-
23 · Secured mortgages and notes payable
beginning of year $4,524,116 · end of year $4,103,008
-
25 · Other liabilities
beginning of year $35,462,039 · end of year $30,459,956
-
27 · Net assets without donor restrictions
beginning of year $150,346,075 · end of year $144,189,736
-
28 · Net assets with donor restrictions
beginning of year $223,889,550 · end of year $230,052,168
Mission and programs · 2023
Mission
FOUNDED IN 1917, THE SEATTLE ART MUSEUM (SAM) CONNECTS ART TO LIFE. AS THE LEADING VISUAL ART INSTITUTION IN THE PACIFIC NORTHWEST, SAM DRAWS ON ITS GLOBAL COLLECTIONS, POWERFUL SPECIAL EXHIBITIONS, NUMEROUS INSTALLATIONS, AND DYNAMIC PROGRAMS TO FULFILL ITS IMPORTANT ROLE AS A CULTURAL AND EDUCATIONAL RESOURCE BENEFITTING THE SEATTLE REGION, THE PACIFIC NORTHWEST, AND BEYOND. FROM A STRONG FOUNDATION OF ASIAN ART TO NOTEWORTHY COLLECTIONS OF AFRICAN AND OCEANIC ART, NORTHWEST COAST NATIVE AMERICAN ART, EUROPEAN AND AMERICAN ART, AND MODERN AND CONTEMPORARY ART, THE STRENGTH OF SAM'S COLLECTION OF APPROXIMATELY 25,000 OBJECTS LIES IN ITS DIVERSITY OF MEDIA, CULTURES, AND TIME PERIODS. WITH THREE LOCATIONS (SEATTLE ART MUSEUM, OLYMPIC SCULPTURE PARK, SEATTLE ASIAN ART MUSEUM), SAM HARNESSES THE POWER OF ART TO ENRICH LIVES AND ENGAGE DIVERSE COMMUNITIES, INCLUDING HUNDREDS OF THOUSANDS OF VISITORS, AS WELL AS THOUSANDS OF SEATTLE-AREA STUDENTS.
Activities or mission (Part I)
TO PROMOTE AND CULTIVATE THE FINE ARTS.
-
MUSEUM SERVICES: PROVIDING A PUBLIC ART MUSEUM INCLUDING THE ACCESSION OF ART OBJECTS AS WELL AS PUBLIC ART EXHIBITIONS AND ART EDUCATION FOR THE GENERAL PUBLIC. MUSEUM PATRONS VISITED THIS YEAR AT THREE DIFFERENT SEATTLE LOCATIONS - THE SEATTLE ART MUSEUM, THE OLYMPIC SCULPTURE PARK AND THE ASIAN ART MUSEUM.
Expenses $30,498,426 · Revenue $6,955,653
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
CATHERINE ROCHE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CONSTANCE RICE
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CARLA LEWIS
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
STEWART LANDEFELD
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SUSAN BROTMAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JON SHIRLEY
VICE PRESDIENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
WINNIE STRATTON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DOUG TRUE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CHARLIE WRIGHT
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BERT VALDMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MAGGIE WALKER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MARGARET ALLISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
RYAN ARAI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CHERRY MCGEE BANKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
WATSON BLAIR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BRUCE BLUME
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CLIFF BURROWS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LISA CAPUTO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL CONWAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL CORLISS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MARC COSENTINO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JULI FARRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JOHN FRANK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LISA GOODMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MARI HORITA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
FELIX HUANG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
FALONA JOY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ROBERT KAPLAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BETH KETCHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JANET KETCHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SYLVIA KETCHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SOYOUNG KWON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
NAJMA LALJI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
FLORA LING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GARY LOCKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BARBARA MALONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MAREN MONSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SCOTT MORRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CHARLES NOLAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LINDA NORDSTROM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SALLY NORDSTROM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL PARHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
HWA PARK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SANJAY PARTHASARATHY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
EDUARDO PENALVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
STEVE PHELPS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MALA RAMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
YUCCA RIESCHEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LEE ROLFE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
FAYE SARKOWSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
STAN SAVAGE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LAURA SELIPSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ROBERTA SHERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
KIM RICHTER SHIRLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MARY SNAPP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DENISE STIFFARM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ROBERT STRONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
INA TATEUCHI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LYNN THOMSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ANDREA THORESON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BRANDON VAUGHAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MANDIRA VIRMANI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
HUONG VU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LISA WAHBE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BRIAN WINEKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
AMADA CRUZ HARMON
ILLSLEY BALL NORDSTROM DIR.
- Total calculated
- $402,902
- From this org
- $386,299
- From related orgs
- $0
- Other
- $16,603
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $333,499
- Bonus
- $52,800
- Other
- $0
- Deferred
- $9,900
- Nontaxable benefits
- $6,703
- Filer's total
- $402,902
-
KIMERLY HART
ILLSLEY BALL NORDSTROM DIR.
- Total calculated
- $180,802
- From this org
- $175,499
- From related orgs
- $0
- Other
- $5,303
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $167,499
- Bonus
- $8,000
- Other
- $0
- Deferred
- $5,303
- Nontaxable benefits
- $0
- Filer's total
- $180,802
-
CINDY BOLTON
CHIEF FINANCIAL OFFICER
- Total calculated
- $224,930
- From this org
- $209,687
- From related orgs
- $0
- Other
- $15,243
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $209,687
- Bonus
- $0
- Other
- $0
- Deferred
- $7,253
- Nontaxable benefits
- $7,990
- Filer's total
- $224,930
-
JEFFREY DRAEGER
ILLSLEY BALL NORDSTROM DIR. & COO
- Total calculated
- $212,248
- From this org
- $205,730
- From related orgs
- $0
- Other
- $6,518
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $205,730
- Bonus
- $0
- Other
- $0
- Deferred
- $5,308
- Nontaxable benefits
- $1,210
- Filer's total
- $212,248
-
CHRIS LANDMAN
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $238,986
- From this org
- $223,250
- From related orgs
- $0
- Other
- $15,736
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $223,250
- Bonus
- $0
- Other
- $0
- Deferred
- $7,724
- Nontaxable benefits
- $8,012
- Filer's total
- $238,986
-
JOSE DIAZ
SUSAN BROTMAN DEPUTY DIR. OF ART
- Total calculated
- $227,412
- From this org
- $215,825
- From related orgs
- $0
- Other
- $11,587
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,825
- Bonus
- $0
- Other
- $0
- Deferred
- $3,600
- Nontaxable benefits
- $7,987
- Filer's total
- $227,412
-
MIKHAEL MEI WILLIAMS
CHIEF MARKETING OFFICER
- Total calculated
- $162,036
- From this org
- $148,769
- From related orgs
- $0
- Other
- $13,267
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,769
- Bonus
- $0
- Other
- $0
- Deferred
- $5,405
- Nontaxable benefits
- $7,862
- Filer's total
- $162,036
-
NICHOLAS DORMAN
CHIEF CONSERVATOR
- Total calculated
- $157,701
- From this org
- $144,610
- From related orgs
- $0
- Other
- $13,091
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,610
- Bonus
- $0
- Other
- $0
- Deferred
- $5,246
- Nontaxable benefits
- $7,845
- Filer's total
- $157,701
-
VIVIANA PITTA
DIR. OF LEGAL AFFAIRS & COUNSEL
- Total calculated
- $148,735
- From this org
- $143,094
- From related orgs
- $0
- Other
- $5,641
- Hours/week
- 40
-
LAUREN MELLON
DIRECTOR OF MUSEUM SERVICES
- Total calculated
- $158,760
- From this org
- $146,611
- From related orgs
- $0
- Other
- $12,149
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,611
- Bonus
- $0
- Other
- $0
- Deferred
- $4,398
- Nontaxable benefits
- $7,751
- Filer's total
- $158,760
-
CRAIG BIG EAGLE
DIRECTOR OF TECHNOLOGY
- Total calculated
- $147,650
- From this org
- $138,705
- From related orgs
- $0
- Other
- $8,945
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE CEO RECEIVES AN ANNUAL BONUS NOT TO EXCEED 15% OF BASE PAY, AT THE DISCRETION OF THE BOARD.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
SAAM BUILDING MASTER TENANT LLC
REAL ESTATE · WA
-
REAL ESTATE · WA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · HOLDING COMPANY · WA · 100% owned · share of income -$1,151,591 · share of assets $19,106,133 · controlled entity
Directly controlled by SEATTLE ART MUSEUM
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511329349306076
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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