Baay EIN 38-3868071

Baay

EIN  38-3868071 Public charity (501(c)(3)) Bellingham, WA
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Size
$100K–1M
What they do
Enriches children's lives through arts exploration, fostering confidence, creativity, and community.
Leadership
Juliette Machado · Executive Director · $58K
Money in and out
$810K revenue, $694K expenses
Bottom line
67% program efficiency

Enriches children's lives through arts exploration, fostering confidence, creativity, and community. For fiscal year 2025 it reported $810K in revenue, $694K in expenses, and $453K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$810K
Pt VIII · Ln 12
Total expenses
$694K
Pt IX · Ln 25
Net assets
$453K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $116K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.28 Fundraising $0.05
Program efficiency
67%
of spending reaches programs▲ +13% vs prior filing year
Operating runway
9.2mo
months of highly liquid reserves at operating expense rate▼ -5% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ ×214 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$810K
FY2025▲ +53%
Expenses
$694K
FY2025▲ +31%
Total assets
$571K
FY2025▲ +28%
Total liabilities
$119K
FY2025▲ +8%
Total revenue
$810K
Pt VIII · Ln 12
Total expenses
$694K
Pt IX · Ln 25
Net assets
$453K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$116K
Total assetsPt X · Ln 16$571K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

2 program services account for $466K of program spending, described in the organization's own filed words · FY2024.
01

Baay Campus

We provide children with a safe and nurturing environment to study theatre, dance, choir, music, and visual arts. In addition to building artistic skills, baay is committed to creating community and fostering confidence, character, and creativity in young people.

$428Kprogram expense
02

Baay Schools

The baay in the schools after-school enrichment program carries baays philosophy and learning environment into local schools. Through this program, we offer performing and visual arts classes after regular school hours, on school campuses, to supplement students educations and provide child care.

$37Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBaay
EINHdr · item D38-3868071
Principal addressHdr · item CBellingham, WA
WebsiteHdr · item Jwww.baay.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60)
Ruling yearIRS BMFApr 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$58,178Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Juliette Machado’s $58K as Executive Director is at the 52nd percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Juliette Machado$58,178$59,929$32,840$27,710$22,865
Ian Bivins$25,686
Olivia Theilemann$18,413$11,875
Anna Evans$6,432
Anna Evans$5,942

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$580K · 72%
Contributions & grants$185K · 23%
Other revenue$36K · 4%
Investment income$9K · 1%
Program service revenue72%$580K
Contributions & grants23%$185K
Other revenue4%$36K
Investment income1%$9K
— government grantsLn 1e$7K
Total revenueLn 12$810K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.28 Fundraising $0.05
Program services67%$466K
Management & general28%$194K
Fundraising5%$34K
Total functional expensesLn 25$694K

Balance Sheet

Part X · end of year
CashLn 1$530K
Total assetsLn 16$571K
Total liabilitiesLn 26$119K
Total net assetsLn 32$453K
Months of cash on handcomputed9.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $530K · Operating expenses/yr $694K
9.2 months
Where the money goes
Program services
Program services $466K · Total expenses $694K
67%
Management & General
Management & general $194K · Total expenses $694K
28%
Fundraising
Fundraising $34K · Total expenses $694K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $46K · Solicited contributions (3-yr avg) $93K
$0.49 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $185K · Total revenue $810K
23%
Government reliance
Government grants $7K · Total revenue $810K
1%
Earned-income share
Program service revenue $580K · Total revenue $810K
72%
Investment reliance
Investment income $9K · Total revenue $810K
+1%
Program self-sufficiency
Program service revenue $580K · Total expenses $694K
84%
Growth & trend
Revenue growth (YoY)
This year $810K · Prior year $529K
+53%
Revenue CAGR
FY2019 $368K · FY2024 $810K
+17%
Net-asset trend (YoY)
End of year $453K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $810K · Expenses $694K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $571K
Net-asset ratio
Net assets $453K · Total assets $571K
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $571K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Juliette Machado · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $58K · Total expenses $694K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $396K · Total expenses $694K
57%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 28%
Fundraising cost ratio 19%
Revenue growth 53%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$20K
Grants paid · 1 grant · $38K · 2019–2019
Unitemized GrantFY2019$37,539

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$810K revenue · viewing · ⤓ 990 PDF
FY2024$529K revenue · ⤓ 990 PDF
FY2023$449K revenue · ⤓ 990 PDF
FY2022$333K revenue · ⤓ 990 PDF
FY2021$344K revenue · ⤓ 990 PDF
FY2020$368K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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