Pilchuck Glass School

Analysis

Pilchuck Glass School is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pilchuck Glass School reported income of $5.5m and spending of $5.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $5.5m (+82%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pilchuck Glass School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Fairbanks Museum and Planetarium ($5.5m), Virginia Opera Assoc Inc ($5.5m) and Japanese American Cultural and Community Center ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $389k (7.7% of expenses). Other salaries and wages came to $1.6m. It paid $14k in professional fundraising fees. At year end it held assets of $10.2m against liabilities of $1.2m, net assets of $9.0m. It reported 124 employees.