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Nonprofit · EIN 88-1217817

THIRD STONE

Tax-exempt · SEATTLE, WA 98109

Financials

$6.4M$6.9M2023$5.7M$8.3M2024
Revenue Expenses · by fiscal year end
Financials of THIRD STONE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,671,189$8,292,859-$2,621,670$434,580$2,432,830-$1,998,250
December 31, 2023990$6,374,472$6,895,006-$520,534$828,184$55,766$772,418
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,736,047
of which government grants
$320,500
Program service revenue
$1,474,111
Investment income
$12
Net income from sales of inventory
$461,019
Other revenue
$461,019

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$130,995
Other salaries and wages
$1,119,822
Salaries, compensation and benefits (total)
$1,250,817
Professional fundraising fees
$0
Legal fees
$58,676
Accounting fees
$70,151
Occupancy
$150,000
Travel
$10,067
Depreciation
$1,079
Program services (functional)
$6,205,152
Management and general (functional)
$2,087,707

Balance sheet and other

Total assets, start of year
$828,184
Total assets, end of year
$434,580
Total liabilities, end of year
$2,432,830
Net assets, end of year
-$1,998,250
Land, buildings and equipment
$5,865
Net assets without donor restrictions
-$1,998,250
Gross receipts
$5,835,088
Employees
1
Volunteers
330
Year formed
2022
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Daniel PitaskySenior Advisor20$153,233
Camilla WalterExecutive Dir.
Officer
40$130,995
Liz DunnPresident
Trustee or director, Officer
1$0
Richard AlbrechtTreasurer
Trustee or director, Officer
1$0
Justin MoonSecretary
Trustee or director, Officer
1$0
Maria MAckeyDirector
Trustee or director
1$0
Joe PaganelliDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JAMES MILESEXECUTIVE DIRECTOR
Officer
40$130,000
LIZ DUNNPRESIDENT
Trustee or director, Officer
1.5$0
RICHARD ALBRECHTTREASURER
Trustee or director, Officer
1.5$0
JUSTIN MOONSECRETARY
Trustee or director, Officer
1.5$0
MARIA MACKEYBOARD MEMBER
Trustee or director
1.5$0
JOE PAGANELLIBOARD MEMBER
Trustee or director
1.5$0
RUTH TRUEBOARD MEMBER
Trustee or director
1.5$0

Address and contacts

Address (IRS master file)
PO BOX 9757, SEATTLE, WA 98109-0757
Principal officer (990 for 2024)
Liz Dunn, PO Box 9757, Seattle, WA 98109
Signed the 990
Liz Dunn, President
Phone
(917) 582-5438
Return prepared by
JACOBSON LAWRENCE & ASSOCIATES PLLC

Mission

To help foster an inclusive, energized, and sustainable arts economy in the Pacific Northwest through youth education, festival, spectacle, and community driven programming.

990 for the year ended December 31, 2024

Program accomplishments

  • Education through festival. Teaching interns age 17-26 the ins and outs of festival ops and production. Bumbershoot music festival.
    Expenses $6,205,152 · revenue $1,935,130

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-1217817
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$434,580
Income (IRS master file)
$5,835,088

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,671,189$8,292,859$434,580XML
990December 2023$6,374,472$6,895,006$828,184XML
990December 2022$1,946,640$653,688$1,307,617IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-1217817).

Questions about THIRD STONE

What is the EIN of THIRD STONE?
The employer identification number (EIN) of THIRD STONE is 88-1217817.
Is THIRD STONE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to THIRD STONE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THIRD STONE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THIRD STONE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THIRD STONE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THIRD STONE?
The 990 for the year ended December 31, 2024 names Liz Dunn.
Who are the officers and directors of THIRD STONE?
The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $153,233 (Daniel Pitasky, Senior Advisor).
How much revenue does THIRD STONE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,671,189, expenses of $8,292,859 and total assets of $434,580 at year end.

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