Shunpike EIN 91-2138554 Form 990 (PDF) Claim this org

Shunpike FY2020 filing

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Empowers artists by providing fiscal sponsorship, storefront exhibition opportunities, and artist-in-residence programs in partnership with Amazon to foster creative expression. For fiscal year 2020 it reported $3.6M in revenue, $3.0M in expenses, and $1.7M in net assets.Pt I

Founded
2001
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Seattle, WA
Website
www.shunpike.org
Filings
5 on file (2020–2020)
Revenue
$3.6MFY2020
Expenses
$3.0M
Net assets
$1.7M
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-2138554 Public charity (501(c)(3)) Seattle, WA Founded 2001
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/20/26 · see original: IRS
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Size
$1–10M
What they do
Empowers artists by providing fiscal sponsorship, storefront exhibition opportunities, and artist-in-residence programs in partnership with Amazon to foster creative expression.
Leadership
Line Sandsmark · Executive Dir. · $83K
Money in and out
$3.6M revenue, $3.0M expenses
Bottom line
90% program efficiency
Where the money goes · FY2020
Total revenue
$3.6M
Pt VIII · Ln 12
Total expenses
$3.0M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $622K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.08 Fundraising $0.02
Program efficiency
90%
of spending reaches programs
Operating runway
6.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$3.6M
FY2020
Expenses
$3.0M
FY2020
Total assets
$1.8M
FY2020
Total liabilities
$106K
FY2020
Total revenue
$3.6M
Pt VIII · Ln 12
Total expenses
$3.0M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$622K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CShunpike
EINHdr · item D91-2138554
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jwww.shunpike.org
Year of formationHdr · item L2001
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60)
Ruling yearIRS BMFMar 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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 Dir.
$82,975Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Line Sandsmark’s $118K as Executive Director is at the 47th 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Line Sandsmark$118,263$103,258$95,163
Line Sandsmark$92,437$82,975

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 $2.6M of program spending, described in the organization's own filed words · FY2020.
01

Fiscal Sponsorship

Shunpike's Fiscal Sponsorship service supports independent groups by providing a cost-effective administrative infrastructure. Shunpike currently has 170 art groups under its fiscal sponsorship.

$2.4Mprogram expense
02

All Others

Arts Business Clinics, Fiscal Sponsorship 101, Artists of Color Expo & Symposium (ACES), 2+U

$131Kprogram expense
03

Artist in Residence

In Artist in Residence, we partner with Amazon to support artists providing a space for engaging dialogue and inspiring creative expression with Amazon employees and visitors.

$115Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$3.1M · 86%
Program service revenue$507K · 14%
Contributions & grants86%$3.1M
Program service revenue14%$507K
Investment income$7K
— government grantsLn 1e$1.3M
Total revenueLn 12$3.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.08 Fundraising $0.02
Program services90%$2.7M
Management & general8%$238K
Fundraising2%$60K
Total functional expensesLn 25$3.0M

Balance Sheet

Part X · end of year
CashLn 1$1.7M
Total assetsLn 16$1.8M
Total liabilitiesLn 26$106K
Total net assetsLn 32$1.7M
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.7M · Operating expenses/yr $3.0M
6.9 months
Where the money goes
Program services
Program services $2.7M · Total expenses $3.0M
90%
Management & General
Management & general $238K · Total expenses $3.0M
8%
Fundraising
Fundraising $60K · Total expenses $3.0M
2%
Cost to raise $1
Fundraising expense $60K · Solicited contributions $1.9M
$0.03 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $3.1M · Total revenue $3.6M
86%
Government reliance
Government grants $1.3M · Total revenue $3.6M
35%
Earned-income share
Program service revenue $507K · Total revenue $3.6M
14%
Investment reliance
Investment income $7K · Total revenue $3.6M
+0.2%
Program self-sufficiency
Program service revenue $507K · Total expenses $3.0M
17%
Growth & trend
Revenue growth (YoY)
This year $3.6M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.6M · Expenses $3.0M
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
Net-asset ratio
Net assets $1.7M · Total assets $1.8M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.8M
0%
People & payroll
Highest Reported Total Compensation
Individual Line Sandsmark · Reported title Executive Dir. · Highest reported compensation $83K · Total expenses $3.0M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $544K · Total expenses $3.0M
18%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 8%
Fundraising cost ratio 2%
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.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$1K
Grants paid · 99 grants · $3.3M · 2020–2024
Unitemized GrantFY2024$123,529
Vashon Artist Residency LLCFY2024$123,048
Enjoy Productions INCFY2024$100,576
Northwest Film ForumWA · FY2024$87,383
Pork Filled ProductionsFY2024$69,934
Robel and Micael DBA Upnup LLCFY2024$69,721
Thalia's UmbrellaFY2024$64,389
Seattle Artist League LLCFY2024$53,225
Dacha TheatreWA · FY2024$26,897
Bryan Ohno LtdFY2024$16,275
Washington Capoeira Center LLCFY2024$14,890
Shattered Glass ProjectWA · FY2024$14,694
Theatre BatteryFY2024$14,500
Southeast Asian Comedy Collective LLCFY2024$14,053
Deepti Designs INCFY2024$13,312
The University of Texas at AustinFY2024$10,000
Anthony R Benton DBA Musica DBA Rainier Avenue Radio WorldFY2024$10,000
See all 99 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)$5.9M revenue · ⤓ 990 PDF
FY2023$5.2M revenue · ⤓ 990 PDF
FY2022$4.1M revenue · ⤓ 990 PDF
FY2021$3.1M revenue · ⤓ 990 PDF
FY2020$3.6M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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