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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 91-0839644

Artsfund

SEATTLE, WANTEE: A260Founded 1969Website

mission statement

Strengthen the community by supporting the arts through leadership, advocacy, and grant making.

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Total Revenue

$16.2M

FY 2023

Program Spending

88.2%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$7.4M

Total Assets

$6.9M net

5.47 mo

Operating Reserves

FY 2023

+11%

Revenue Growth

YoY

Total Employees

FY 2023

Funding Track Record

Backed by 56 Institutional Funders

$34.6M raised across 220 grants · +$22.1M committed (2019–2024 filings)

Funder Geography

Funders across 15 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
The Paul G Allen Family Foundation	SEATTLE, WA	$21,342,570 +$21,480,387 committed
Artsfund Foundation	SEATTLE, WA	$6,242,812
American Online Giving Foundation Inc	NEWARK, DE	$2,431,270
Donor Advised Charitable Giving Inc	SAN FRANCISCO, CA	$981,600
The Seattle Foundation	SEATTLE, WA	$822,075
M J Murdock Charitable Trust	VANCOUVER, WA	$314,500 +$624,500 committed
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$314,422
Friday Foundation	MEDINA, WA	$270,000
Joshua Green Foundation Inc	SEATTLE, WA	$230,000
Gs Donor Advised Philanthropy Fund for Wealth Management Inc	NEW YORK, NY	$174,000

Total tracked: $34,612,890 across 220 grants · +$22,134,887 committed across 9 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$12.6M in expenses

Artsfund provides general operating support to nonprofit irc 501(c)(3) arts organizations. Awards are made through an "allocation process and take into consideration each organization's mission and art, management and financial condition, and commitment to and impact on the community. For the year ended september 30, 2024, 917 organizations were granted operating support.

$865K in expenses

Artsfund conducts a variety of programs to benefit the cultural sector: an associates program to equip volunteers with leadership and fundraising skills; board leadership training classes on legal and financial responsibilities, strategic planning, fundraising and best governance practices; convenings to share resources, practices and perspectives to expand the capacity of the cultural sector; study of the economic impact of the arts; and fiscal sponsor for building for the arts.

Financial History