Seattle Art Museum

Seattle, Washington

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.08×
Peer Median4.61×
💰
$30.0M
Total Revenue
📊
$37.1M
Total Expenses
🏦
$374.2M
Net Assets
📋
$44.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-55.4%
Year-over-year change (2022 → 2023)
Net Margin
-23.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.08
Net assets divided by total expenses
Liabilities-to-Assets
10.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$29,985,57455%$37,143,98833%$418,444,91310%
2022$67,181,21098%$55,546,110110%$381,105,9525%
2021$33,858,15819%$26,498,53129%$402,999,02413%
2020$41,617,09725%$37,276,36610%$355,978,9572%
2019$33,298,93540%$34,023,5911%$350,276,4903%
2018$55,154,90244%$34,242,05610%$339,844,60212%
2017$38,169,89113%$38,076,1583%$303,990,6652%
2016$43,750,29919%$36,829,68520%$298,478,1291%
2015$54,114,72945%$30,714,5876%$294,168,8974%
2014$37,411,6665%$32,694,9823%$281,717,3484%
2013$39,300,03860%$31,810,37010%$271,161,6402%
2012$24,515,34240%$35,426,1542%$266,637,3687%
2011$40,718,032$36,078,506$285,662,864

Frequently Asked Questions

What does Seattle Art Museum do?

Seattle Art Museum is a arts, culture & humanities nonprofit organization based in Washington. It is classified under NTEE code A510 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Seattle Art Museum financially healthy?

Based on our 9-metric Financial Health Score model, Seattle Art Museum has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Seattle Art Museum generate?

Seattle Art Museum reports $38.9M in annual revenue and holds $414.0M in total assets, based on IRS filings.

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