Seattle Athenaeum

Organization Overview

Seattle Athenaeum, operating under the name Folio Seattle, is located in Seattle, WA. The organization was established in 2015. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Folio Seattle employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folio Seattle 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 12/2021, Folio Seattle generated $203.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $227.7k during the year ending 12/2021. While expenses have increased by 6.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND DEEPEN PUBLIC APPRECIATION OF THE LITERARY ARTS THROUGH PRESERVATION OF BOOK COLLECTIONS, BOOK SHARING THROUGH LIBRARY SERVICES, BOOK RELATED CULTURAL PROGRAMMING AND WORKSPACE FOR WRITERS AND OTHERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOLIO PROVIDES INCLUSIVE AND ACCESSIBLE SPACE TO READ, WRITE, AND WORK. LOCATED AT THE HEART OF PIKE PLACE MARKET, FOLIO'S READING ROOMS ARE HOME TO A CIRCULATING BOOK COLLECTION OF OVER 11,000 BOOKS, AND MANY LITERARY AND CULTURAL PERIODICALS. FREE BOOKS ARE DISTRIBUTED FROM OUR PIKE PLACE MARKET LOCATION TO NUMEROUS OTHER NON-PROFITS IN SEATTLE WHICH INCLUDE LITERARY ORGANIZATIONS AND FOOD BANKS. AS A PUBLIC CULTURAL HUB, FOLIO OFFERS LIVELY AND DIVERSE OPPORTUNITIES FOR CONVERSATION, CONNECTION, CIVIC ENGAGEMENT, AND CULTURAL ENRICHMENT THROUGH INTIMATE AUTHOR READINGS, CIVIC PANEL DISCUSSIONS, MUSICAL EVENINGS, BOOK DISCUSSION GROUPS, AND PHILOSOPHY AND POETRY CLUBS. MANY OF THESE PROGRAMS ARE PROVIDED FREE OR AT LOW COST AND IN PARTNERSHIP WITH INDEPENDENT BOOKSTORES, UNIVERSITIES AND CULTURAL ORGANIZATIONS. IN 2021 OVER 700 AUDIENCE MEMBERS ATTENDED 34 PROGRAMS AT FOLIO AND ONLINE VIA ZOOM.


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Board, Officers & Key Employees

Name (title)Compensation
Caroline Cumming
Executive Director
$62,591
Juliana Aldous
President
$0
Sandra Haynes
Secretary
$0
Tom Corddry
Vice-President
$0
Katherine Alberg Anderson
Treasurer
$0
Jonathan Franklin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $69,737
All other contributions, gifts, grants, and similar amounts not included above$127,691
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$197,428
Total Program Service Revenue$5,932
Investment income $0
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 $203,360

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Seattle Athenaeum has recieved totaling $6,326.

Awarding OrganizationAmount
Scan Design By Inge & Jens Bruun Foundation

Seattle, WA

PURPOSE: LIBRARY ORGANIZATION EVENT

$6,279
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$47
View Grant Recipient Profile

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