Celtic Arts Foundation FY2023 filing

Tax-deductible

Mount Vernon, WA501(c)(3)Arts & CultureEIN 91-1878785Revenue $883K in FY2023

On file with the IRScelticarts.orgPo Box 1342, 98273-1342 · Mount Vernon, WATax-exempt since Feb 1998Publicly supported — 509(a)(2)

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To sponsor, encourage and promote Celtic culture through events and educational activities.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$93K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $211K a year · 22% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$93K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $45K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$22K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$883K
-19% vs prior year
Spent
$992K
To programs
77%
Net assets
$3.4M
By yearFY2020–FY2024
Revenue
$883K
FY2023▼ -19%
Tap a bar for its year
Revenue by fiscal year
FY2020$539K
FY2021$1.1M
FY2022$1.1M
FY2023$883K
FY2024$1.2M
Expenses
$992K
FY2023▲ +55%
Tap a bar for its year
Expenses by fiscal year
FY2020$585K
FY2021$513K
FY2022$642K
FY2023$992K
FY2024$1.1M
Net assets
$3.4M
FY2023▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$3.1M
FY2022$3.4M
FY2023$3.4M
FY2024$3.6M

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

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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 Feb 1998.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $766K Management & general 23% · $227K

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; $93K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$93,357Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Cayley Schmid’s $99K as Executive Director is at the 31st percentile of top reported officer pay among 3924 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Skye K Richendrfer——$130,566$125,000$120,000
Cayley Schmid$98,624$93,357$58,633——

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 Celtic Arts Foundation executive salaries →

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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

Promotes Celtic culture through events and educational activities.

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Provided by the organization

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3 programs · $649K · in their own filed words · FY2023
01

Musical instruction and seminars at the organization's annual winter school that brings together the world's finest bagpipers, scottish drummers and fiddlers with other musicians from throughout the united states and canada.

$344Kprogram expense
02

Sponsored 2023 skagit valley highland games and celtic festival attended by 10,000 guests celebrating traditional scotish music, art and sport. This two-day event is held annually the second week of july in mount vernon, wa.

$278Kprogram expense
03

The celtic arts foundation sponsors the bellingham celtic festival. The bellingham celtic festival is a community-driven, locally-sponsored, artisanal, small-batch weekend celebrating celtic music and culturethrough concerts, sessions, workshops, tea, and more.

$27Kprogram 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$45K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$883K
Ln 12
Fees for servicesLn 2g$454K
Gifts and grantsLn 1h$415K
Investment incomeLn 3$48K
Money outPt IX
$992K
Ln 25
Programscol B$766K
Managementcol C$227K
Owns and owesPt X
$3.4M
net assets · Ln 32
Cash and savingsLn 1–2$412K
Total assetsLn 16$3.5M
LiabilitiesLn 26$22K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$415K
Government grantsLn 1e$26K
Fees for servicesLn 2g$454K
Investment incomeLn 3$48K
Other incomeLn 4–11$15K
Gains on assetsLn 7−$93K
Total revenueLn 12$883K
Assets in detailPt X, end of year
CashLn 1$412K
Cash and savings togetherLn 1–2$412K
InvestmentsLn 11–13$1.3M
Land, buildings, equipmentLn 10c$1.7M
Other assetsLn 15$7K
Total assetsLn 16$3.5M
LiabilitiesLn 26$22K
Net assetsLn 32$3.4M
OperationsPt I, VI
EmployeesI 55
VolunteersI 6200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$352K$412K
InvestmentsLn 11–13$876K$1.3M
Land, buildings, equipmentLn 10c$1.8M$1.7M
Total assetsLn 16$3.4M$3.5M
LiabilitiesLn 26$3K$22K
Net assetsLn 32$3.4M$3.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$11K$11K
Pay of current officers, directors and key staffLn 5$93K$93K
Other salaries and wagesLn 7$97K$41K$56K
Pension plan contributionsLn 8$9K$6K$3K
Other employee benefitsLn 9$4K$3K$1K
Payroll taxesLn 10$16K$11K$5K
Accounting feesLn 11c$6K$6K
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$18K$6K$12K
Advertising and promotionLn 12$15K$10K$6K
Office expensesLn 13$37$37
OccupancyLn 16$8K$2K$6K
TravelLn 17$13K$13K
Depreciation, depletion and amortizationLn 22$79K$53K$26K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$501K$468K$33K
All other expensesLn 24e$112K$50K$62K
Total functional expensesLn 25$992K$766K$227K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.1M$156K$3.6M 990 PDF
FY2023 Viewing $883K$992K−$109K$3.4M 990 PDF
FY2022 $1.1M$642K$451K$3.4M 990 PDF
FY2021 $1.1M$513K$604K$3.1M 990 PDF
FY2020 $539K$585K−$46K$2.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $883,492 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $689,404$415,127
I-9 Program service revenuePrior year $371,234$453,759
I-10 Investment incomePrior year $10,137−$45,825
I-11 Other revenuePrior year $21,668$60,431
I-12 Total revenuePrior year $1,092,443$883,492
I-13 Grants and similar amounts paidPrior year $8,810$10,550
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $260,593$218,123
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $372,379$763,698
I-18 Total expensesPrior year $641,782$992,371
I-19 Revenue less expensesPrior year $450,661−$108,879
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $883,492 across 10 lines filed
Lines not itemized here account for $71,570 of total revenue; see the IRS return.
VIII-1b Membership dues$26,842
VIII-1e Government grants$25,565
VIII-1f All other contributions, gifts and grants$362,720
VIII-1h Total contributions, gifts and grants$415,127
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $382,189$382,189
VIII-3 Investment incomeExcluded from tax $47,528$47,528
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$93,353−$93,353
VIII-8 Net income from fundraising eventsExcluded from tax $1,740$1,740
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $58,691$58,691
VIII-12 Total revenueRelated to mission $453,759 · Unrelated business $0 · Excluded from tax $14,606$883,492
Part IX · Statement of functional expenses $992,371 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $10,550$10,550
IX-5 Pay of current officers, directors and key staffPrograms $93,357$93,357
IX-7 Other salaries and wagesPrograms $41,022 · Management $55,615$96,637
IX-8 Pension plan contributionsPrograms $6,073 · Management $2,573$8,646
IX-9 Other employee benefitsPrograms $2,565 · Management $1,282$3,847
IX-10 Payroll taxesPrograms $11,006 · Management $4,630$15,636
IX-11c Accounting feesManagement $5,550$5,550
IX-11f Investment management feesManagement $4,062$4,062
IX-11g Other fees for servicesPrograms $5,765 · Management $11,892$17,657
IX-12 Advertising and promotionPrograms $9,711 · Management $5,602$15,313
IX-13 Office expensesManagement $37$37
IX-16 OccupancyPrograms $1,910 · Management $6,145$8,055
IX-17 TravelPrograms $13,259$13,259
IX-22 Depreciation, depletion and amortizationPrograms $52,719 · Management $26,360$79,079
IX-23 InsuranceManagement $7,662$7,662
IX-24 Other expenses (24a–d)Programs $468,150 · Management $32,697$500,847
IX-24e All other expensesPrograms $49,688 · Management $62,489$112,177
IX-25 Total functional expensesPrograms $765,775 · Management $226,596 · Fundraising $0$992,371
Part X · Balance sheet $3,464,083 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $351,528$412,073
X-4 Accounts receivableStart of year $77,386$53,681
X-10c Land, buildings and equipment, netStart of year $1,791,362$1,712,283
X-11 Publicly traded securitiesStart of year $875,714$1,279,471
X-15 Other assetsStart of year $7,150$6,575
X-16 Total assetsStart of year $3,403,421$3,464,083
X-24 Unsecured notes and loans payable$11,941
X-25 Other liabilitiesStart of year $2,650$10,131
X-26 Total liabilitiesStart of year $2,709$22,072
X-27 Net assets without donor restrictionsStart of year $3,183,584$3,214,831
X-28 Net assets with donor restrictionsStart of year $217,128$227,180
X-32 Total net assets or fund balancesStart of year $3,400,712$3,442,011
X-33 Total liabilities and net assetsStart of year $3,403,421$3,464,083
Part XI · Reconciliation of net assets $3,442,011 net assets at year end
XI-1 Total revenue$883,492
XI-2 Total expenses$992,371
XI-3 Revenue less expenses−$108,879
XI-4 Net assets at start of year$3,400,712
XI-5 Net unrealized gains (losses) on investments$150,178
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,442,011

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

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