2026-07-15T17:06:39-05:00 2025-08-31 911007261 VWC PS PO BOX 1458 BELLEVUE WA 98009 990 2024-09-01 911186639 PRATT FINE ARTS CENTER PRAT 2063282200 1902 SOUTH MAIN STREET SEATTLE WA 98144 KIM HARRIS TREASURER 2063282200 2026-07-15 1 1 RACHELLE A HOUGHTON P00193404 4252500051 2024 2025-03-06 01:10:19Z KIM HARRIS 1902 SOUTH MAIN STREET SEATTLE WA 98144 3859713 0 X WWW.PRATT.ORG X 1976 WA PRATT FINE ARTS CENTER IS AN ARTS EDUCATION AND RESOURCE CENTER DEDICATED TO PROMOTING CREATIVE DEVELOPMENT AND ARTISTIC ENGAGEMENT TO THE LOCAL AND GLOBAL COMMUNITY. 21 21 159 100 0 0 870234 1177863 1676283 1846637 100026 181062 -5383 42514 2641160 3248076 0 0 0 0 2013819 2303347 0 0 285384 1185699 1225273 3199518 3528620 -558358 -280544 5928806 6021243 1206606 1190858 4722200 4830385 MISSION: PRATT FINE ARTS CENTER PROVIDES ACCESS TO THE TRANSFORMATIVE POWER OF ARTISTIC EXPRESSION THROUGH AN INCLUSIVE COMMUNITY, CULTURE OF LEARNING, AND SPECIALLY EQUIPPED STUDIOS. 0 0 2308871 1846637 PROVIDING CLASSES AND WORKSHOPS OFFERED IN GLASS, METAL, SCULPTURE, JEWELRY, PAINTING, DRAWING, PRINT MAKING AND WOODWORKING TO APPROXIMATELY 5,000 STUDENTS. WHICH INCLUDES SPECIAL CLASSES FOR THE PUBLIC YOUTH, APPROXIMATELY 900 YOUTH STUDENTS SERVED. PROVIDING INDEPENDENT STUDIO ACCESS TO OVER 1,000 STUDENTS AND ARTISTS WORKING WITH GLASS, METAL, STONE, JEWELRY, PAINTING, DRAWING, PRINT MAKING AND WOOD. 2308871 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 30 0 1 159 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X SARAH DANIEL PRATT 2063282200 1902 SOUTH MAIN STREET SEATTLE WA 98144 ROBIN GOLDSTEIN BOARD MEMBER 4.00 X 0 0 0 MOLLIE PRICE BOARD MEMBER 4.00 X 0 0 0 KEITH COOKE BOARD MEMBER, CO VICE PRESIDENT 4.00 X 0 0 0 JULIE HAMM BOARD MEMBER 4.00 X 0 0 0 ADRIENNE HIDY BOARD MEMBER 4.00 X 0 0 0 BETSY HAGESTEDT BOARD MEMBER 4.00 X 0 0 0 BECKY GELDER BOARD MEMBER 4.00 X 0 0 0 DIAN HARTONO BOARD MEMBER, PAST PRESIDENT 4.00 X 0 0 0 LEE CAMPBELL BOARD MEMBER 4.00 X 0 0 0 KIM HARRIS BOARD MEMBER, TREASURER 4.00 X 0 0 0 CYNTHIA HIBBARD BOARD MEMBER, PRESIDENT 4.00 X 0 0 0 ALEX IMAS BOARD MEMBER 4.00 X 0 0 0 STEPHEN LACY BOARD MEMBER 4.00 X 0 0 0 JO MIKESELL BOARD MEMBER, CO VICE PRESIDENT 4.00 X 0 0 0 MATTHEW SCHAUB BOARD MEMBER 4.00 X 0 0 0 CHRISTOPHER GERMAN BOARD MEMBER 4.00 X 0 0 0 SAMANTHA SONG BOARD MEMBER, SECRETARY 4.00 X 0 0 0 MARY LAMBRIX BOARD MEMBER 4.00 X 0 0 0 MUTEMWA MASHEKE BOARD MEMBER 4.00 X 0 0 0 KELLY O'BRIEN BOARD MEMBER 4.00 X 0 0 0 ANN POTTER BOARD MEMBER 4.00 X 0 0 0 COLLLEEN STEVENSON BOARD MEMBER 4.00 X 0 0 0 DONNA BROWN BOARD MEMBER 4.00 X 0 0 0 MATTHEW KEIFER BOARD MEMBER 4.00 X 0 0 0 NICOLA TEMPLETON BOARD MEMBER 4.00 X 0 0 0 JESSICA BORUSKY PAST EXECUTIVE DIRECTOR 40.00 X 114606 0 11563 114606 0 11563 1 1 0 0 501 COMMONS 1200 12TH AVE S STE 1101 SEATTLE WA 98144 ACCOUNTING 112637 1 89322 400675 187962 499904 100 1177863 CLASSES, WORKSHOPS AND 611600 1795034 1795034 OTHER 611600 51603 51603 1846637 20705 20705 587206 426849 160357 160357 160357 227302 400675 184788 42514 42514 3248076 1846637 0 223576 1940390 1275064 512629 152697 26213 11111 9098 6004 140888 73660 32921 34307 195856 126978 51386 17492 133511 133511 7953 1441 6512 100879 95578 1521 3780 73373 25587 34861 12925 72653 72498 155 285665 241125 25465 19075 45793 45793 53194 48016 1725 3453 EDUCATION 408848 408455 393 DEVELOPMENT 34604 34604 OTHER COSTS 7962 1856 5607 499 BAD DEBT 838 838 3528620 2308871 934365 285384 30069 738646 68597 24745 22672 9250 7129 0 6384599 1586990 4837543 4797609 840964 378501 121832 72492 5928806 6021243 122894 107715 182934 257715 712894 680133 11091 17842 176793 127453 1206606 1190858 X 4083503 4140398 638697 689987 4722200 4830385 5928806 6021243 -280544 -155716 -1758 546203 0 X 0 1 X 1 0 X 1616836 744383 1199206 870234 1177763 5608422 258567 1109757 1480545 1740010 1795034 6383913 98318 88467 92382 96557 100844 476568 1973721 1942607 2772133 2706801 3073641 12468903 170233 30940 26540 74617 64102 366432 0 170233 30940 26540 74617 64102 366432 12102471 32727 51662 51942 32770 20705 189806 32727 51662 51942 32770 20705 189806 2006448 1994269 2824075 2739571 3094346 12658709 0.95610 0.94700 0.01500 0.01750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 638697 100703 30488 79900 689988 16100 605671 60502 59676 638697 16100 16100 16100 16100 16100 16100 0.02333 0.97667 0 0 4250000 4250000 556293 514216 42077 314263 305643 8620 1171434 676520 494914 92609 90611 1998 4797609 REFUNDABLE ADVANCES 54961 OPERATING LEASE LIABILITY 72492 127453 3191445 -155717 100844 -54873 3246318 1758 1758 3248076 3629464 100844 100844 3528620 0 3528620 PART III, LINE 4: ARTISTS INVOLVED WITH PRATT DONATE ART WORK TO BE SOLD AT THE ORGANIZATIONS FUNDRAISING EVENTS. AT TIMES THE ART WORK IS DONATED OUTRIGHT, AND AT TIMES THE ARTISTS RECEIVE A PERCENTAGE OF THE SALE PROCEEDS WHEN/IF THE ART WORK IS SOLD. AT THE END OF THE YEAR, THE ORGANIZATION HAD ARTWORK THAT HAD BEEN DONATED BUT NOT YET SOLD; SUCH ART WORK WAS NOT POSTED ON THE BOOKS OF THE ORGANIZATION. PART V, LINE 4: ANNUAL SCHOLARSHIPS ENDOWMENT FUNDS ANNUAL EARNINGS ON THE ENDOWMENT FUNDS ANNUAL SCHOLARSHIPS. THERE IS A RESTRICTED TERM ENDOWMENT TO BE USED TO FUND OPERATIONS OF THE ORGANIZATION THRU APRIL 25, 2030. ANNUAL AUCTION 627977 400675 227302 57384 48523 78860 627977 400675 227302 57384 48523 78860 184767 42535 1 X X X 0 0 0 0 0 0 0 0 0 JESSICA BORUSKY PAST EXECUTIVE DIRECTOR 114606 0 0 0 0 0 0 0 11563 0 126169 0 0 0 PART I, LINE 3 THE BOARD LOOKS AT COMPENSATION SURVEYS, INDUSTRY TRENDS AND A COMPENSATION COMMITTEE IS USED WHEN DETERMINING THE SALARY AND BENEFIT PACKAGE FOR THE ORGANIZATIONS EXECUTIVE DIRECTOR. X 50 120000 AUCTION ART VARIES X ART SUPPLIES AND EQUIPMENT 1 100 DONOR STATED VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO THE PUBLIC. A MEMERSHIP FEE IS REQUIRED TO BE PAID IN ORDER TO BE A CURRENT MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECEIVES THE FORM 990 AND RATIFIES THE 990. THE PREPARER FIRST REVIEWS THE 990 WITH THE LEADERSHIP TEAM AND TREASURER. FORM 990, PART VI, SECTION B, LINE 12C THE FINANCE COMMITTEE REVIEWS RELATED PARTY AND POSSIBLE CONFLICTS OF INTEREST AS THEY ARISE AND APPROPRIATELY NOTIFIES THE BOARD OR DEALS WITH EACH INSTANCE IN ACCORDANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE AND EXECUTIVE COMMITTEES REVIEW COMPARABLE DATA AND EMPLOYEE PERFORMANCE TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR, WHICH IS THEN APPROVED BY THE BOARD. THE EXECUTIVE DIRECTOR AND SENIOR MANAGEMENT STAFF DETERMINE APPROPRIATE COMPENSATION RANGES FOR ALL OTHER EMPLOYEE CLASSES. FORM 990, PART VI, SECTION C, LINE 18 FINANCIAL STATEMENTS, POLICY INFORMATION, FORM 1023 AND 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST MAILED TO THE ORGANIZATION AND ON GUIDESTAR'S WEBSITE AT HTTP://WWW2.GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, POLICY INFORMATION, FORM 1023 AND 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST MAILED TO THE ORGANIZATION AND ON GUIDESTAR'S WEBSITE AT HTTP://WWW2.GUIDESTAR.ORG