2024-11-15T10:42:58-06:00 2023-12-31 912011386 JACOBSON JARVIS & CO PLLC 200 1ST AVE W SUITE 200 SEATTLE WA 98119 990 2023-01-01 881217817 THIRD STONE THIR 9175825438 PO BOX 9757 SEATTLE WA 98109 RICHARD ALBRECHT TREASURER 9175825438 2024-11-11 1 0 JACOB J DEHNE CPA P02534988 2066288990 2024-11-11 2023 2024-10-15 13:58:12Z RICHARD ALBRECHT PO BOX 9757 SEATTLE WA 98109 6685334 0 X WWW.BUMBERSHOOT.COM X 2022 WA TO HELP FOSTER AN INCLUSIVE, ENERGIZED, AND SUSTAINABLE ARTS ECONOMY IN THE PACIFIC NORTHWEST THROUGH YOUTH EDUCATION, FESTIVAL, SPECTACLE, AND COMMUNITY DRIVEN PROGRAMMING. 5 4 218 318 0 0 1946640 3660537 0 2129826 0 3 0 584106 1946640 6374472 0 0 0 0 54710 606438 0 0 164557 598978 6288568 653688 6895006 1292952 -520534 1307617 828184 14665 55766 1292952 772418 TO HELP FOSTER AN INCLUSIVE, ENERGIZED, AND SUSTAINABLE ARTS ECONOMY IN THE PACIFIC NORTHWEST THROUGH YOUTH EDUCATION, FESTIVAL, SPECTACLE, AND COMMUNITY DRIVEN PROGRAMMING. 0 0 6045185 2708466 EDUCATION THROUGH FESTIVAL. TEACHING INTERNS AGE 17-26 THE INS AND OUT OF FESTIVAL OPS AND PRODUCTION. BUMBERSHOOT MUSIC FESTIVAL. 6045185 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 65 0 1 218 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 1 1 1 0 WA X CAMILLA WALTERS 9175825438 PO BOX 9757 SEATTLE WA 98109 LIZ DUNN PRESIDENT 1.50 X X 0 0 0 RICHARD ALBRECHT TREASURER 1.50 X X 0 0 0 JUSTIN MOON SECRETARY 1.50 X X 0 0 0 MARIA MACKEY BOARD MEMBER 1.50 X 0 0 0 JOE PAGANELLI BOARD MEMBER 1.50 X 0 0 0 RUTH TRUE BOARD MEMBER 1.50 X 0 0 0 JAMES MILES EXECUTIVE DIRECTOR 40.00 X 130000 0 0 130000 0 0 1 0 0 0 NEW RISING SUN SPC 2519 S EDMUNDS ST SEATTLE WA 98108 MANAGEMENT FOR FESTIVAL 825000 1 3660537 3660537 BOX OFFICE REVENUE 711300 1867800 1867800 TICKET REVENUE 711300 220885 220885 PRODUCERS CIRCLE 711300 41141 41141 2129826 3 3 889502 310862 578640 578640 MISCELLANEOUS 900099 5466 5466 5466 6374472 2708466 0 5469 130000 130000 404223 250726 14228 139269 12087 4341 1686 6060 60128 38226 8795 13107 825000 825000 96195 7508 88687 55493 31596 23897 406382 29034 377348 429311 429311 6442 4640 1802 18432 18432 2385 2385 24966 24966 494 494 167 167 3250 3250 VISUAL ARTS 2440478 2440478 FESTIVAL OPS 749249 749249 PRODUCTION 660869 660869 OPERATIONS 526129 526129 43326 1801 35404 6121 6895006 6045185 685264 164557 1307617 670293 64113 50000 4180 7111 167 0 6944 0 32654 1307617 828184 14665 55766 14665 55766 X 1292952 772418 1292952 772418 1307617 828184 -520534 0 X 0 0 0 X 1946640 3660537 5607177 1946640 3660537 5607177 4588735 1018442 3 3 5466 5466 5612646 3019328 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7111 167 6944 6944 JOSEPH PAGANELLI BOARD MEMBER 825000 ANNUAL MANAGEMENT AND OPERATING FEE 0 PART IV: LINE 1 JOSEPH PAGANELLI IS A MEMBER OF THE BOARD OF THIRD STONE. MR. PAGANELLI IS ALSO A PRINCIPLAL OF NEW RISING SUN, A WASHINGTON SOCIAL PURPOSE CORPORATION IN WHICH HE OWNS LESS THAN 35% OF THE EQUITY INTERESTS. THIRD STONE PAID NEW RISING SUN AN ANNUAL MANAGEMENT/OPERATING FEE OF $825,000. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE DELIVERED TO BOARD MEMBERS VIA A CLOUD-BASED SECURE ACCESSS PORTAL. EACH MEMBER WILL HAVE ACCESS TO A PASSWORD-PROTECTED DIGITAL (PDF) COPY OF THE AUDIT REPORT AND 990. FORM 990, PART VI, SECTION B, LINE 15 THIRD STONE EMPLOYS A STRUCTURED PROCESS FOR SETTING COMPENSATION LEVELS FOR OUR OFFICERS AND KEY EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR. WE'VE ESTABLISHED A COMMITTEE COMPOSED OF BOARD MEMBERS NOT DIRECTLY INVOLVED IN DAILY OPERATIONS. WE CONDUCT RESEARCH TO UNDERSTAND INDUSTRY NORMS AND ESTABLISH COMPETITIVE BENCHMARKS FOR TOTAL COMPENSATION. COMPENSATION IS TIED TO PERFORMANCE, WITH CLEAR, MEASURABLE GOALS. THE BOARD REVIEWS AND APPROVES THE PROPOSED COMPENSATION PACKAGES. WE REVIEW COMPENSATION REGULARLY TO STAY COMPETITIVE AND ALIGNED WITH THE ORGANIZATION'S GOALS, AND TO ENSURE COMPLIANCE WITH TAX REGULATIONS AND LABOR LAWS. OUR PROCESS ENSURES FAIRNESS, TRANSPARENCY, AND COMPLIANCE WHILE PROVIDING COMPETITIVE COMPENSATION FOR NONPROFIT OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE AT OUR OFFICE UPON REQUEST.