Potlatch Fund EIN 73-1712905

Potlatch Fund

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Provides grants and leadership support to Native American tribes, artists, and Native-led nonprofits across Washington, Oregon, Idaho, and Montana. For fiscal year 2024 it reported $1.9M in revenue, $2.5M in expenses, and $4.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Seattle, WA
Website
www.potlatchfund.org
Filings
6 on file (2019–2024)
Revenue
$1.9MFY2024
Expenses
$2.5M
Net assets
$4.4M
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  73-1712905 Public charity (501(c)(3)) Seattle, WA
Form 990 (PDF)
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Figures match the IRS filing checked 9/11/26 · see original: IRS
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Size
$1–10M
What they do
Provides grants and leadership support to Native American tribes, artists, and Native-led nonprofits across Washington, Oregon, Idaho, and Montana.
Leadership
Rebecca Miles · Co-Executive Director · $134K
Money in and out
$1.9M revenue, $2.5M expenses
Bottom line
68% program efficiency
Where the money goes · FY2024
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$2.5M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$579K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.20 Fundraising $0.12
Program efficiency
68%
of spending reaches programs▲ +26% vs prior filing year
Operating runway
22.8mo
months of highly liquid reserves at operating expense rate▼ -24% vs prior filing year
Surplus margin
-30%
revenue over expenses, this year▼ -204% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.9M
FY2024▼ -24%
Expenses
$2.5M
FY2024▲ +40%
Total assets
$5.2M
FY2024▲ +2%
Total liabilities
$836K
FY2024▲ +524%
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$2.5M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$579K
Total assetsPt X · Ln 16$5.2M
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $1.7M of program spending, described in the organization's own filed words · FY2024.
01

Grant Program

In 2024, potlatch fund awarded grant recipients from wa, or, id & MT totaling $1,149,223. This brings our cumulative giving since 2005 to $9,071,473 granted to tribes, native-led nonprofits and groups, and native artists.

$1.1Mprogram expense
02

Advocacy

In 2024, we served a group of native-led nonprofits and groups with operations based in king county.

$542Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPotlatch Fund
EINHdr · item D73-1712905
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jwww.potlatchfund.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A23)
Ruling yearIRS BMFOct 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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
Co-Executive Director
$134,474Pt VII · Sec A
Co-Executive Director
$127,730Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer (thru 12/24)
$0Pt VII · Sec A
$0Pt VII · Sec A
Compliance Officer (thru 9/24)
$0Pt VII · Sec A
$0Pt VII · Sec A

Rebecca Miles’s $134K as Co-Executive Director is at the 58th percentile of top reported officer pay among 3916 $1–10M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Cleora Hill-Scottthrough Nov 2023$138,582
Cleora Hill-Scott$136,428$132,858
Rebecca Miles$134,474$124,775$111,378
Shannon Kopelva$127,730
Cleora Hill-Scott$126,000
Brian Tanner$113,263$105,421
Kimberly Powe$28,656
Cleora Scott$25,961

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
Contributions & grants$1.9M · 101%
Investment income$71K · 4%
Contributions & grants101%$1.9M
Investment income4%$71K
— government grantsLn 1e$5K
Total revenueLn 12$1.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.20 Fundraising $0.12
Program services68%$1.7M
Management & general20%$502K
Fundraising12%$292K
Total functional expensesLn 25$2.5M

Balance Sheet

Part X · end of year
CashLn 1$4.7M
Total assetsLn 16$5.2M
Total liabilitiesLn 26$836K
Total net assetsLn 32$4.4M
Months of cash on handcomputed22.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.7M · Operating expenses (Pt IX) $2.5M · Less non-cash grants $29K · Cash operating expenses/yr $2.5M
22.8 months
Where the money goes
Program services
Program services $1.7M · Total expenses $2.5M
68%
Management & General
Management & general $502K · Total expenses $2.5M
20%
Fundraising
Fundraising $292K · Total expenses $2.5M
12%
Cost to raise $1
Fundraising expense (3-yr avg) $315K · Solicited contributions (3-yr avg) $2.3M
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.9M · Total revenue $1.9M
101%
Government reliance
Government grants $5K · Total revenue $1.9M
0.3%
Earned-income share
Program service revenue $0 · Total revenue $1.9M
0%
Investment reliance
Investment income $71K · Total revenue $1.9M
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.5M
0%
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year $2.5M
-24%
Revenue CAGR
FY2019 $1.3M · FY2024 $1.9M
+9%
Net-asset trend (YoY)
End of year $4.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $2.5M
-30%
Liabilities-to-Assets
Total liabilities — · Total assets $5.2M
Net-asset ratio
Net assets $4.4M · Total assets $5.2M
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rebecca Miles · Reported title CO-EXECUTIVE DIRECTOR · Highest reported compensation $134K · Total expenses $2.5M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $530K · Total expenses $2.5M
21%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 20%
Fundraising cost ratio 15%
Revenue growth -24%
Investment management fee ratio 0.07%
Legal fee ratio 0.8%
Accounting fee ratio 4%
Fundraising fee ratio 1%

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 · FY2024
See all 20 funders →
Grants paid · 274 grants · $5.1M · 2019–2024
Unitemized GrantFY2024$385,798
NA Ah Illahee FundWA · FY2024$100,000
Siletz Regalia Sharing Co-OpOR · FY2024$10,000
Sage Indigenous Law CenterWA · FY2024$10,000
Cattail Rising (fiscal Sponsor Yehaw)WA · FY2024$10,000
Aboriginal OutfittersWA · FY2024$10,000
Chief Joseph FoundationID · FY2024$10,000
Spokane Ensemble Theater FoundationFY2024$10,000
Northern Cheyenne Language ConsortiumFY2024$10,000
E-Peh-TesFY2024$10,000
Sauk-Suiattle Indian TribeFY2024$10,000
Mother NationWA · FY2024$10,000
Rios to RiversCO · FY2024$10,000
See all 274 grants →

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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
FY2024 (Latest)$1.9M revenue · viewing · ⤓ 990 PDF
FY2023$2.5M revenue · ⤓ 990 PDF
FY2022$2.4M revenue · ⤓ 990 PDF
FY2021$2.9M revenue · ⤓ 990 PDF
FY2020$2.1M revenue · ⤓ 990 PDF
FY2019$1.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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