Friends Of The Bing
- Assets
- $200.2k
- Revenue
- $408.7k
- Investments
- $0.0
- Employees
- 10
- Location
- Spokane, WA
- Founding
- 05/2013
- Data as of
- 06/2022
- EIN
- 46-2203771
Organization Overview
Friends Of The Bing is located in Spokane, WA. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Friends Of The Bing employed 10 individuals. Friends Of The Bing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Friends Of The Bing generated $408.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $313.9k during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE & INSPIRE COMMUNITY WITH PERFORMING ARTS IN NW
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, FRIENDS OF THE BING TOOK OVER THE OPERATIONS OF THE BING CROSBY THEATER FROM DAVENPORT DISTRICT HOSPITALITY. FOCUSING ON KEEPING THE THEATER ACTIVE, A TOTAL OF 153 SHOWS WERE PRESENTED TO THE COMMUNITY REACHING AN AUDIENCE OF APPROXIMATELY 12,233 PEOPLE. THESE WORKS ARE PRIMARILY THOSE OF ARTISTS AND GENRES THAT ARE TYPICALLY UNDERREPRESENTED IN THE MAINSTREAM MEDIA. IN THE MONTH OF JUNE THREE LOCAL BALLET STUDIOS PRESENTED THEIR YEARLY RECITALS, CHRISTIAN YOUTH THEATER RENTED THE BING FOR FIVE DIFFERENT PLAYS WITH EACH RENTAL INVOLVING OVER 65 CHILDREN AND THEIR FAMILIES BEING IN THE THEATER FOR TWO WEEKS. IN 2022, NORTHWEST PASSAGES (A LOCAL NON-PROFIT) PRESENTED FOUR AUTHOR EVENTS TO THE COMMUNITY AND A LOCAL POLITICAL DEBATE. WE HAVE HOSTED EASTERN WASHINGTON UNIVERSITY'S MUSIC DEPARTMENT AND THE SPOKANE JAZZ ORCHESTRA CONTINUED WITH THE PROGRAM OF 5 SHOWS PER YEAR AT OUR COMMUNITY THEATER. FRIENDS OF THE BING PRESENTED THREE OF OUR OWN SHOWS SUPPORTING THE ARTS AND WE ARE LOOKING FORWARD TO BRINGING BACK THE STAGE TO SCREEN MONTHLY PROGRAM IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald V Dicker President | OfficerTrustee | 15 | $0 |
Thomas Bassler Vice President | OfficerTrustee | 1 | $0 |
Nickie White Secretary | OfficerTrustee | 55 | $19,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,350 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $69,783 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,114 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,247 |
| Total Program Service Revenue | $332,306 |
| Investment income | $160 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $408,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $19,750 |
| Compensation of current officers, directors, key employees. | $13,627 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,730 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55 |
| Payroll taxes | $13,537 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,063 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,559 |
| Advertising and promotion | $13,431 |
| Office expenses | $4,504 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,912 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,418 |
| All other expenses | $15,703 |
| Total functional expenses | $313,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,378 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,783 |
| Total assets | $200,161 |
| Accounts payable and accrued expenses | $39,169 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $39,169 |
| Net assets without donor restrictions | $160,992 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $200,161 |