Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2024 | $14K |
|---|---|
| FY2025 | $36K |
| FY2024 | $14K |
|---|---|
| FY2025 | $36K |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 88% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 34% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 2% | — | — |
| Fundraising 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.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
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Governance & Policies
- 14Voting board membersPt VI · Ln 1a
- 10Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13Yes
- Document retention policyPt VI · Ln 14Yes
- Top official’s pay independently reviewedPt VI · Ln 15aYes
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
Creates unconventional events to strengthen the arts and surprise audiences.
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Where the work happens
14/48: The World's Quickest Theater Festival brings together 75 theater artists to write, direct, rehearse, build, score and perform 14 original 10-minute plays in 48 hours. The signature festival in Seattle is typically two weekends of plays with two completely different sets of artists.
14/48: Partners is an apprentice program where artists interested in independent producing work with the staff of The 14/48 Projects to produce a cultural project. This year we worked with playwright David Gordon to produce his play show called Within A Play.
14/48: HS is an education program that supports an independent group of high school students to produce a student version of the popular signature 14/48 festival. All participants are high school students from around the region.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2025 Latest Viewing | $146K | $164K | +34% | 990 PDF |
| FY2024 | $109K | $145K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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