Alchemy Art Center FY2023 filing

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Alchemy Art center's mission is to provide arts programming and creative community for people on rural san juan island.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-4766421) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$52K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $104K a year · 34% of revenue · last 3 filings
A surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
85%
of spending
85% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 27% of spending
Pay to officers and key staff is 27% of spending.
Part VII, Section A
12.0 mo
of spending, in cash
12.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$5K
2% of total assets
Liabilities are 2% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$292K
+16% vs prior year
Spent
$195K
To programs
85%
Net assets
$225K
By yearFY2021–FY2024
Revenue
$292K
FY2023▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2021$129K
FY2022$251K
FY2023$292K
FY2024$375K
Expenses
$195K
FY2023▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$165K
FY2023$195K
FY2024$245K
Net assets
$225K
FY2023▲ +76%
Tap a bar for its year
Net assets by fiscal year
FY2021$44K
FY2022$128K
FY2023$225K
FY2024$337K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $166K Management & general 12% · $23K Fundraising 3% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $52K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Co-Director
$32,270Pt VII · Sec A
Co-Director
$19,603Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maria Michaelson’s $21K as Co-Director is at the 16th percentile of top reported officer pay among 2216 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Maria Michaelson$20,955$32,270$49,900$17,287
Glenn Hendrick$19,022$19,603$21,463$19,730

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.

See Alchemy Art Center executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers arts programming and creative community for people on rural San Juan Island.

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3 programs · $166K · in their own filed words · FY2023
01

Outreach/Artists in Community

Bringing access to the arts to the public. Over 1000 people were served. We offered activities for kids and adults in public spaces in collaboration with out community partners. We house 11 artists throughout the summer.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-4766421) · Dispute this line
$79Kprogram expense
02

Studio Membership

Use of our ceramics, printmaking, and photo studio. We had an average of 30 members per month in 2023.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-4766421) · Dispute this line
$52Kprogram expense
03

Classes

We hold classes for kids and adults in printmaking, ceramics, photography, and other Art forms. Six - eight classes were held per month, with 400 attendees total.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-4766421) · Dispute this line
$36Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$292K
Ln 12
Gifts and grantsLn 1h$151K
Fees for servicesLn 2g$99K
Other incomeLn 4–11$42K
Money outPt IX
$195K
Ln 25
Programscol B$166K
Managementcol C$23K
Fundraisingcol D$6K
Owns and owesPt X
$225K
net assets · Ln 32
Cash and savingsLn 1–2$196K
Total assetsLn 16$231K
LiabilitiesLn 26$5K
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$151K
Government grantsLn 1e$11K
Fees for servicesLn 2g$99K
Investment incomeLn 3$93
Other incomeLn 4–11$42K
Total revenueLn 12$292K
Assets in detailPt X, end of year
CashLn 1$196K
Cash and savings togetherLn 1–2$196K
Accounts receivableLn 4$6K
Inventories for sale or useLn 8$11K
Prepaid expenses and deferred chargesLn 9$3K
Land, buildings, equipmentLn 10c$14K
Total assetsLn 16$231K
LiabilitiesLn 26$5K
Net assetsLn 32$225K
OperationsPt I, VI
EmployeesI 510
VolunteersI 645
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$113K$196K
Land, buildings, equipmentLn 10c$6K$14K
Total assetsLn 16$133K$231K
LiabilitiesLn 26$5K$5K
Net assetsLn 32$128K$225K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$77K$63K$12K$2K
Payroll taxesLn 10$7K$6K$1K$182
Accounting feesLn 11c$2K$2K
Professional fundraising feesLn 11e$2K$2K
Other fees for servicesLn 11g$27K$25K$2K$399
Advertising and promotionLn 12$4K$4K$600
Office expensesLn 13$3K$1K$2K$433
Information technologyLn 14$4K$3K$1K$597
OccupancyLn 16$38K$38K$214$66
Conferences, conventions and meetingsLn 19$58$58
Depreciation, depletion and amortizationLn 22$859$859
InsuranceLn 23$8K$8K$240$80
Other expenses (24a–d)Ln 24$19K$18K$830$549
All other expensesLn 24e$809$611$175$23
Total functional expensesLn 25$195K$166K$23K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 13, 2025 $375K$245K$130K$337K 990 PDF
FY2023 ViewingFiled with the IRS Nov 15, 2024 $292K$195K$97K$225K 990 PDF
FY2022Filed with the IRS Oct 25, 2023 $251K$165K$87K$128K 990 PDF
FY2021Filed with the IRS Apr 13, 2022 $129K$44K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $292,178 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $173,911$150,808
I-9 Program service revenuePrior year $73,362$99,047
I-10 Investment incomePrior year $10$93
I-11 Other revenuePrior year $3,909$42,230
I-12 Total revenuePrior year $251,192$292,178
I-13 Grants and similar amounts paidPrior year $6,462$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $63,052$84,329
I-16a Professional fundraising feesPrior year $852$1,561
I-17 Other expensesPrior year $94,183$109,359
I-18 Total expensesPrior year $164,549$195,249
I-19 Revenue less expensesPrior year $86,643$96,929
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $292,178 across 7 lines filed
Lines not itemized here account for −$2,746 of total revenue; see the IRS return.
VIII-1e Government grants$11,200
VIII-1f All other contributions, gifts and grants$139,608
VIII-1h Total contributions, gifts and grants$150,808
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $99,047$99,047
VIII-3 Investment incomeExcluded from tax $93$93
VIII-8 Net income from fundraising events$44,976
VIII-12 Total revenueRelated to mission $96,301 · Excluded from tax $93$292,178
Part IX · Statement of functional expenses $195,249 across 14 lines filed
IX-7 Other salaries and wagesPrograms $62,791 · Management $12,388 · Fundraising $1,949$77,128
IX-10 Payroll taxesPrograms $5,862 · Management $1,157 · Fundraising $182$7,201
IX-11c Accounting feesManagement $2,425$2,425
IX-11e Professional fundraising feesFundraising $1,561$1,561
IX-11g Other fees for servicesPrograms $25,468 · Management $1,627 · Fundraising $399$27,494
IX-12 Advertising and promotionPrograms $3,738 · Management $600$4,338
IX-13 Office expensesPrograms $1,436 · Management $1,584 · Fundraising $433$3,453
IX-14 Information technologyPrograms $2,592 · Management $1,297 · Fundraising $597$4,486
IX-16 OccupancyPrograms $38,075 · Management $214 · Fundraising $66$38,355
IX-19 Conferences, conventions and meetingsManagement $58$58
IX-22 Depreciation, depletion and amortizationManagement $859$859
IX-23 InsurancePrograms $7,682 · Management $240 · Fundraising $80$8,002
IX-24 Other expenses (24a–d)Programs $17,701 · Management $830 · Fundraising $549$19,080
IX-24e All other expensesPrograms $611 · Management $175 · Fundraising $23$809
IX-25 Total functional expensesPrograms $165,956 · Management $23,454 · Fundraising $5,839$195,249
Part X · Balance sheet $230,525 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $113,152$195,772
X-4 Accounts receivable$6,291
X-8 Inventories for sale or useStart of year $11,145$10,843
X-9 Prepaid expenses and deferred chargesStart of year $3,152$3,463
X-10c Land, buildings and equipment, netStart of year $5,611$14,156
X-16 Total assetsStart of year $133,060$230,525
X-17 Accounts payable and accrued expensesStart of year $1,151$822
X-19 Deferred revenueStart of year $3,621$4,486
X-26 Total liabilitiesStart of year $4,772$5,308
X-31 Retained earnings or endowmentStart of year $128,288$225,217
X-32 Total net assets or fund balancesStart of year $128,288$225,217
X-33 Total liabilities and net assetsStart of year $133,060$230,525
Part XI · Reconciliation of net assets $225,217 net assets at year end
XI-1 Total revenue$292,178
XI-2 Total expenses$195,249
XI-3 Revenue less expenses$96,929
XI-4 Net assets at start of year$128,288
XI-10 Net assets at end of year$225,217

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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