Nonprofit · EIN 91-2105614
CORNISH FOUNDATION
Tax-exempt · SEATTLE, WA 98121
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $228,749 | $201,775 | $26,974 | $3,783,860 | $0 | $3,783,860 |
| May 31, 2024 | 990 | $187,831 | $200,360 | -$12,529 | $3,653,240 | $0 | $3,653,240 |
| May 31, 2023 | 990 | $138,746 | $193,692 | -$54,946 | $3,285,423 | $0 | $3,285,423 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $228,749
- Net gain from sales of assets
- $138,625
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $183,690
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $183,690
- Management and general (functional)
- $18,085
Balance sheet and other
- Total assets, start of year
- $3,653,240
- Total assets, end of year
- $3,783,860
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,783,860
- Publicly traded securities
- $3,783,860
- Net assets with donor restrictions
- $3,783,860
- Gross receipts
- $599,910
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2001
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RAYMOND TYMAS-JAMES | PRESIDENT (THRU 7/24) Officer | 0.5 | $0 | $390,735 | $25,694 |
| DEBORAH TREEN | VP FINANCE & BUDGET,CFO (THRU 12/24) Officer | 0.5 | $0 | $217,904 | $22,903 |
| EMILY PARKURST | INTERIM PRESIDENT (AS OF 7/24) Officer | 0.5 | $0 | $114,299 | $8,826 |
| CHERYL WYNNE | INTERIM CFO (AS OF 12/24) Officer | 0.5 | $0 | $51,754 | $0 |
| JODY CUNNINGHAM | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| CHAP ALVORD | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| ROGER BASS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROL MUNRO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended May 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RAYMOND TYMAS-JAMES | PRESIDENT Officer | 0.5 | $0 | $398,516 | $28,190 |
| DEBORAH TREEN | VP FINANCE & BUDGET, CFO Officer | 0.5 | $0 | $202,013 | $23,615 |
| JODY CUNNINGHAM | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| CHAP ALVORD | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| ROGER BASS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROL MUNRO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended May 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Raymond Tymas-Jones | President Trustee or director, Officer | 0.5 | $0 | $321,709 | $16,233 |
| Deborah Treen | VP Finance & CFO Officer | 0.5 | $0 | $184,482 | $10,009 |
| David Lofthouse | Dean of Enrollment Mgmt Key employee | 0 | $0 | $191,575 | $2,844 |
| Jessica Thurlow | VP Academic Affairs, Provost Key employee | 0 | $0 | $175,640 | $11,934 |
| Anne Derieux | VP of Institutional Advancement Highest-paid employee | 0.5 | $0 | $133,547 | $20,196 |
| James Falzone | Academic Dean Highest-paid employee | 0 | $0 | $104,717 | $18,787 |
| Brandon Bird | VP of Operations Highest-paid employee | 0 | $0 | $114,443 | $8,016 |
| Jody Cunningham | Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Chap Alvord | Secretary/Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Roger Bass | Trustee Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 LENORA STREET, SEATTLE, WA 98121-2951
- Principal officer (990 for 2024)
- EMILY PARKHURST, 1000 LENORA STREET, SEATTLE, WA 98121
- Signed the 990
- CHERYL WYNNE, INTERIM CFO
- Phone
- (206) 726-5020
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
CORNISH FOUNDATION PROVIDES SCHOLARSHIP SUPPORT TO STUDENTS ATTENDING CORNISH COLLEGE OF THE ARTS.
Program accomplishments
- PROVIDE SCHOLARSHIP SUPPORT TO STUDENTS AT CORNISH COLLEGE OF THE ARTS. SCHOLARSHIPS WERE AWARDED TO 34 STUDENTS.Expenses $183,690 · grants $183,690
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 91-2105614
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2002
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $3,783,860
- Income (IRS master file)
- $599,910
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $228,749 | $201,775 | $3,783,860 | XML |
| 990 | May 2024 | $187,831 | $200,360 | $3,653,240 | XML |
| 990 | May 2023 | $138,746 | $193,692 | $3,285,423 | XML |
| 990 | May 2022 | $255,233 | $190,534 | $3,621,679 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-2105614).
Questions about CORNISH FOUNDATION
- What is the EIN of CORNISH FOUNDATION?
- The employer identification number (EIN) of CORNISH FOUNDATION is 91-2105614.
- Is CORNISH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to CORNISH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CORNISH FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CORNISH FOUNDATION due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORNISH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of CORNISH FOUNDATION?
- The 990 for the year ended May 31, 2025 names EMILY PARKHURST.
- Who are the officers and directors of CORNISH FOUNDATION?
- The 990 for the year ended May 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does CORNISH FOUNDATION have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $228,749, expenses of $201,775 and total assets of $3,783,860 at year end.
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