George Weyerhaeuser Pacific Rim Bonsai Collection A Nonprofit Corp
- Assets
- $1.7m
- Revenue
- $827.5k
- Investments
- $0.0
- Employees
- 10
- Location
- Federal Way, WA
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 61-1727426
Organization Overview
George Weyerhaeuser Pacific Rim Bonsai Collection A Nonprofit Corp, operating under the name Pacific Bonsai Museum, is located in Federal Way, WA. The organization was established in 2014. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Pacific Bonsai Museum employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific Bonsai Museum 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 12/2023, Pacific Bonsai Museum generated $827.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONNECTING PEOPLE TO NATURE THROUGH THE LIVING ART OF BONSAI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIONS: WE REMAIN AN "ADMISSION BY DONATION" MUSEUM ENSURING EQUITABLE ACCESS FOR EVERYONE IN OUR COMMUNITY. PACIFIC BONSAI MUSEUM STEWARDS A COLLECTION OF 150 BONSAI THAT ARE AMONG THE FINEST EXAMPLES OF BONSAI ANYWHERE IN THE WORLD. ONE OF ONLY TWO MUSEUMS IN THE UNITED STATES SOLELY DEDICATED TO BONSAI AND ONE OF ONLY A HANDFUL OF BONSAI MUSEUMS WORLDWIDE. PACIFIC BONSAI MAINTAINS A COLLECTION OF 150 BONSAI WHICH ROTATE REGULARLY WHEN NEW EXHIBITIONS ARE MOUNTED. THE COLLECTION IS ALSO THE MOST GEOGRAPHICALLY DIVERSE BONSAI COLLECTIONS IN THE UNITED STATES, WITH TREES FROM CANADA, CHINA, JAPAN, KOREA, TAIWAN AND THE UNITED STATES FEATURING 60 TREES ON EXHIBIT AT A GIVEN TIME. OPEN TO THE PUBLIC SIX DAYS A WEEK, THIS CULTURAL GEM OFFERS CONTEMPORARY AND TRADITIONAL BONSAI EXHIBITIONS, GROUPS TOURS, EDUCATION PROGRAMS, FIELD TRIPS AND PUBLIC EVENTS.
EXHIBITIONS & INNOVATION: A GALLERY OF TREES EXHIBITION - SEE THE BONSAI THAT STARTED OUR COLLECTIONS AND FOLLOW THEIR JOURNEY THROUGH TODAY. THIRTY-NINE TREES ON DISPLAY, SOME IN THEIR 1989 POSITIONS NESTLED AMONG THE (NOW TALLER) TREES SURROUNDING OUR EXHIBITION AREA. THIS COLLECTION REPRESENTS SOME OF THE FINEST BONSAI IN THE WORLD.
PUBLIC PROGRAMS: WE PARTNERED WITH PUGET SOUND BONSAI ASSOCIATION TO BRING BONSAIFEST! TO THE MUSEUM, A FREE COMMUNITY EVENT FOCUSED ON LEARNING ABOUT THE ART OF BONSAI AND FURTHERING OUR MISSION OF CONNECTING PEOPLE TO NATURE THROUGH THE LIVING ART OF BONSAI. BONSAI WINTER SOLSTICE EVENT, A FREE COMMUNITY FEATURING A QUIET STROLL IN THE WOODS TO EXPLORE BONSAI ILLUMINATED BY SOFT LIGHTS. WE HELD SUMMER BONSAI SOLSTICE IN JUNE, AN OPEN-HOUSE STYLE, FREE COMMUNITY EVENT FEATURING TAICHI, LIVE DEMONSTRATIONS AND AN OPPORTUNITY TO VIEW THE COLLECTION. EVENTS WERE FREE AND OPEN TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grant Rauzi Chair | OfficerTrustee | 2 | $0 |
Judith Wagner Vice President Thru Dec 2023 | OfficerTrustee | 1 | $0 |
Mary Gates Secretary | OfficerTrustee | 1 | $0 |
Sheri Tonn Treasurer | OfficerTrustee | 1 | $0 |
Galen Lowe Director | Trustee | 1 | $0 |
Mark Haley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,020 |
| Fundraising events | $99,155 |
| Related organizations | $385,600 |
| Government grants | $82,774 |
| All other contributions, gifts, grants, and similar amounts not included above | $220,634 |
| Noncash contributions included in lines 1a–1f | $17,385 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $799,183 |
| Total Program Service Revenue | $13,500 |
| Investment income | $11,457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $350 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$23,980 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,959 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $827,504 |
| 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. | $121,900 |
| Compensation of current officers, directors, key employees. | $21,631 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $347,015 |
| Pension plan accruals and contributions | $10,583 |
| Other employee benefits | $55,588 |
| Payroll taxes | $41,327 |
| Fees for services: Management | $26,654 |
| Fees for services: Legal | $1,811 |
| Fees for services: Accounting | $2,282 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,532 |
| Office expenses | $64,610 |
| Information technology | $22,788 |
| Royalties | $0 |
| Occupancy | $353,965 |
| Travel | $5,265 |
| 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 | $29,591 |
| Insurance | $9,249 |
| All other expenses | $0 |
| Total functional expenses | $1,103,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,995 |
| Savings and temporary cash investments | $114,364 |
| Pledges and grants receivable | $18,114 |
| 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 | $3,880 |
| Net Land, buildings, and equipment | $183,560 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,292,846 |
| Total assets | $1,712,759 |
| Accounts payable and accrued expenses | $56,586 |
| 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 | $56,586 |
| Net assets without donor restrictions | $914,489 |
| Net assets with donor restrictions | $741,684 |
| 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 | $1,712,759 |