Hedgebrook EIN 80-0012629 Form 990 (PDF) Claim this org

Hedgebrook FY2021 filing

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Empowers visionary women writers whose stories shape our culture. For fiscal year 2021 it reported $1.7M in revenue, $1.3M in expenses, and $5.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Langley, WA
Website
www.hedgebrook.org
Filings
5 on file (2020–2021)
Revenue
$1.7MFY2021
Expenses
$1.3M
Net assets
$5.5M
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  80-0012629 Public charity (501(c)(3)) Langley, WA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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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
Empowers visionary women writers whose stories shape our culture.
Leadership
Kimberly Ac Wilson · Executive Director · $122K
Money in and out
$1.7M revenue, $1.3M expenses
Bottom line
45% program efficiency
Where the money goes · FY2021
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$5.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $443K
Where spending went · Part IX cols B–D
Program services $0.45 Management & general $0.40 Fundraising $0.15
Program efficiency
45%
of spending reaches programs
Operating runway
29.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.7M
FY2021▼ -21%
Expenses
$1.3M
FY2021▼ -15%
Total assets
$5.6M
FY2021▲ +4%
Total liabilities
$84K
FY2021▼ -71%
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$5.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$443K
Total assetsPt X · Ln 16$5.6M
Program-expense ratioPt IX · col B45%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHedgebrook
EINHdr · item D80-0012629
Principal addressHdr · item CLangley, WA
WebsiteHdr · item Jwww.hedgebrook.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A70)
Ruling yearIRS BMFAug 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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
Executive Director
$121,913Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Board Member
$0Pt VII · Sec A
Treasurer/Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kimberly a Wilson’s $178K as Executive Director is at the 77th 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kimberly Ac Wilson$181,610$152,273$121,913
Kimberly a Wilson$177,697
Elise Miller$89,173

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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Mission & Programs · Part III

Where the work happens

3 program services account for $577K of program spending, described in the organization's own filed words · FY2021.
01

Hedgebrook hosts women writers for fully funded residencies of two to four weeks. Writers are chosen through a competitive international selection process. Up to seven writers are in residence at a time, each housed in a handcrafted cottage, with meals prepared for them. Thewriters in residence program is hedgebrook's core program.

$375Kprogram expense
02

Radical Craft Retreats

A series of five-day virtual or in-person writing workshops that combine hedgebrook's unique retreat experience with the opportunity for writers to study with a hedgebrook alumnae teacher. Workshops are offered in a diversity of genres, and are focused on various instruction, group feedback and one-on-one sessions with the instructor.

$121Kprogram expense
03

Annual writing conference and various virtual workshops, live webinars, and online classes for writers to improve their craft within the community.

$81Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.5M · 86%
Program service revenue$214K · 12%
Investment income$65K · 4%
Contributions & grants86%$1.5M
Program service revenue12%$214K
Investment income4%$65K
— government grantsLn 1e$425K
Total revenueLn 12$1.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.45 Management & general $0.40 Fundraising $0.15
Program services45%$578K
Management & general40%$520K
Fundraising15%$187K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$479K
Total assetsLn 16$5.6M
Total liabilitiesLn 26$84K
Total net assetsLn 32$5.5M
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.1M · Operating expenses (Pt IX) $1.3M · Less non-cash grants $4K · Cash operating expenses/yr $1.3M
29.4 months
Where the money goes
Program services
Program services $578K · Total expenses $1.3M
45%
Management & General
Management & general $520K · Total expenses $1.3M
40%
Fundraising
Fundraising $187K · Total expenses $1.3M
15%
Cost to raise $1
Fundraising expense (2-yr avg) $247K · Solicited contributions (2-yr avg) $1.5M
$0.16 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.5M · Total revenue $1.7M
86%
Government reliance
Government grants $425K · Total revenue $1.7M
25%
Earned-income share
Program service revenue $214K · Total revenue $1.7M
12%
Investment reliance
Investment income $65K · Total revenue $1.7M
+4%
Program self-sufficiency
Program service revenue $214K · Total expenses $1.3M
17%
Growth & trend
Revenue growth (YoY)
This year $1.7M · Prior year $2.2M
-21%
Net-asset trend (YoY)
End of year $5.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.7M · Expenses $1.3M
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $5.6M
Net-asset ratio
Net assets $5.5M · Total assets $5.6M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.7M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.6M
48%
People & payroll
Highest Reported Total Compensation
Individual Kimberly Ac Wilson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $122K · Total expenses $1.3M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $818K · Total expenses $1.3M
64%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $18K · Gross raised $150K
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 45%
Overhead ratio 40%
Fundraising cost ratio 13%
Revenue growth -21%
Investment management fee ratio 0.02%
Legal fee ratio 0.03%
Accounting fee ratio 5%
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 18 funders →
Grants paid · 5 grants · $161K · 2020–2024
Unitemized GrantFY2024$7,500
Unitemized GrantFY2024$3,041
Unitemized GrantFY2024$1,600
Unitemized GrantFY2021$73,250
Unitemized GrantFY2020$75,695

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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)$1.8M revenue · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$1.7M revenue · viewing · ⤓ 990 PDF
FY2020$2.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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