Centrum Foundation in Port Townsend, Washington (WA)

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Centrum Foundation
Employer Identification Number (EIN)237348302
Name of OrganizationCentrum Foundation
AddressPO BOX 1158, Port Townsend, WA 98368-0958
ActivitiesSchool, college, trade school, etc., Literary activities, Study and research (non scientific)
SubsectionEducational Organization
Ruling Date06/1974
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$500,000 to $999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$566,543
Amount of Income$2,294,559
Form 990 Revenue Amount$2,294,559
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts Education


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Amount of income in 2011: $2,294,559 (it was $2,483,837 in 2010)
Centrum Foundation: 

 $2,294,559
Other organizations performing similar types of work: 

 $315,593

Assets in 2011: $566,543 (it was $534,931 in 2010)
Centrum Foundation: 

 $566,543
Other organizations performing similar types of work: 

 $379,750

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$2,294,559
Contributions, Gifts, Grants and Other Similar Amounts$1,175,918
Program Service Revenue$1,109,700
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$425
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$8,516
Statement of Functional Expenses (for 2011)
Total functional expenses$2,217,072
Compensation of current officers, directors, trustees, and key employees$92,000
Other salaries and wages$533,759
Payroll taxes$67,414
Professional fundraising services$0
Other$1,523,899
Balance Sheet (for 2011)
Total assets$566,543
Total liabilities$374,476
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$22,037
Unsecured notes and loans payable to unrelated third parties$0
Other$352,439
Total net assets or fund balances$192,067
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$5,245,633
Gifts, grants, contributions, and membership fees received$5,217,993
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$27,640
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Oregon College Of Art And Craft8245 Sw Barnes Rd, Portland, OR 97225-6349OR1952-05$6,321,028
2Flint Institute Of Arts1120 E Kearsley St, Flint, MI 48503-1915MI1942-10$16,464,397
3Vero Beach Museum Of Art Inc3001 Riverside Park Dr, Vero Beach, FL 32963-1874FL1981-08$5,328,320
4Indianapolis Art Center Inc820 E 67th St, Indianapolis, IN 46220-1139IN1961-11$2,966,410
5Centrum FoundationPO BOX 1158, Port Townsend, WA 98368-0958WA1974-06$2,294,559
6Providence Art Club11 Thomas St, Providence, RI 02903-1314RI1962-09$2,143,963
7Northern Clay Center2424 E Franklin Ave, Minneapolis, MN 55406-1027MN1993-10$1,898,731
8Minnetonka Center For The Arts2240 Northshore Dr, Wayzata, MN 55391-9347MN1954-06$1,295,417
9Kimball Art CenterPO BOX 1478, Park City, UT 84060-1478UT1976-08$1,253,697
10Newark School Of The Arts Inc, Newark Community School Of The Arts89 Lincoln Park, Newark, NJ 07102-2388NJ1969-02$1,211,350
11Delaware Center For Contemporary Arts200 S Madison St, Wilmington, DE 19801-5110DE1979-12$1,131,594
12Evanston Art Center And Market2603 Sheridan Road, Evanston, IL 60201-1776IL1949-12$1,092,130
13Hoyt Center For The Arts124 E Leasure Ave, New Castle, PA 16101-2327PA1970-04$970,312
14Creative Arts Workshop Inc80 Audubon St, New Haven, CT 06510-1206CT1964-10$953,362
15Artists Association Of NantucketPO BOX 1104, Nantucket, MA 02554-1104MA1952-01$920,637
16Multicultural Education And Counseling Through The Arts, Meca1900 Kane St, Houston, TX 77007-7611TX1979-07$882,317
17Artspace Inc201 E Davie St Ste 101, Raleigh, NC 27601-1830NC1982-03$781,237
18Fort Smith Art Center IncPO BOX 1257, Fort Smith, AR 72902-1257AR1959-11$751,747
19Nevada School Of The Arts401 S 4th St Ste 125, Las Vegas, NV 89101-6210NV1977-09$698,438
20Plaza De La Raza Inc3540 N Mission Rd, Los Angeles, CA 90031-3135CA1970-12$598,600
21Fine Line Creative Arts Center6n158 Crane Rd, St Charles, IL 60175-6210IL1989-04$589,719
22Rockport Art Association12 Main St, Rockport, MA 01966-1513MA1957-12$556,790
23Fine Arts Institute Of EdmondPO BOX 311, Edmond, OK 73083-0311OK1985-10$524,778
24Greater Reston Arts Center IncSte 103, Reston, VA 20190VA1974-03$523,451
25Ducret School Of The Arts1030 Central Ave, Plainfield, NJ 07060-2802NJ1970-11$500,050
26Richmond Art Center2540 Barrett Ave, Richmond, CA 94804-1600CA1950-02$487,307
27Pelham Art Center Inc155 Fifth Ave, Pelham, NY 10803-1503NY1975-10$471,683
28Marion Community School Of The Arts Inc305 S Adams St, Marion, IN 46952-4012IN1996-03$448,310
29Genesee Street Corporation713 Monroe Ave, Rochester, NY 14607-3263NY1973-08$422,187
30Artreach165 Queen Anne Ave N, Seattle, WA 98109-4925WA1981-08$139,492
Number of organizations performing similar types of work
Alabama2
Arkansas1
Arizona4
California7
Colorado1
Connecticut3
District of Columbia3
Delaware1
Florida9
Georgia1
Hawaii1
Iowa1
Idaho1
Illinois5
Indiana4
Kentucky1
Massachusetts11
Maryland2
Maine1
Michigan3
Minnesota4
Missouri1
Montana1
North Carolina1
New Jersey4
Nevada2
New York13
Ohio4
Oklahoma2
Oregon2
Pennsylvania6
Rhode Island2
South Dakota2
Texas5
Utah1
Virginia4
Vermont2
Washington3
Wisconsin2
West Virginia1
Wyoming1
International1
Total126

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