Northwest Folklife

Analysis

Northwest Folklife is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 1986, 40 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Northwest Folklife reported income of $1.6m and spending of $2.0m, spending 130% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $1.6m to $1.6m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to October 2022, when income rose by 88%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Folklife sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Instituto Cervantes USA Inc ($1.6m), Heritage Foundation Preservation of the Jewish Cemeteries Inc ($1.6m) and Casa Romantica Cultural Center and Gardens ($1.6m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $239k (12% of expenses). Other salaries and wages came to $825k. At year end it held assets of $606k against liabilities of $671k, net assets of -$65k. It reported 160 employees.