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Community Development : Housing and Neighborhood Development (Grantmaking/Grants Payable)

The Pike Place Market Foundation

We care for the Pike Place Market community

four stars

97.17

85 Pike Street Suite 500
Seattle, WA 98101
tel: (206) 682-7453   Web Site
EIN: 91-1197625

Board Leadership
Abraham Dairi
President

CEO
Lillian Sherman
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 97.17 four stars
  Financial 100.00 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Pike Place Market Foundation was established in 1982 to support the Pike Place Market's services for low-income people, including its Clinic, Senior Center, Food Bank and Child Care and Preschool. The Pike Place Market Foundation also supports the Market's heritage programs, public improvements and repairs to the Market's historic buildings, development of new low-income housing in the Market, and programs that assist the Market's farmers. The Pike Place Market Foundation serves the Market and downtown Seattle communities in many ways such as providing Market Fresh Coupons to low-income Market residents so they have access to fresh produce year-round, and connecting Seattle food banks and meal programs through FoodLink, a volunteer program that distributes the Market's unsold produce.

The Pike Place Market Foundation was established in 1982 to support the Pike Place Market's services for low-income people, including its Clinic, Senior Center, Food Bank and Child Care and Preschool. The Pike Place Market Foundation also supports the Market's heritage programs, public improvements and repairs to the Market's historic buildings, development of new low-income housing in the Market, and programs that assist the Market's farmers. The Pike Place Market Foundation serves the Market and downtown Seattle communities in many ways such as providing Market Fresh Coupons to low-income Market residents so they have access to fresh produce year-round, and connecting Seattle food banks and meal programs through FoodLink, a volunteer program that distributes the Market's unsold produce.

Impact Information

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Financial

four stars

100.00

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
88.0%
  Administrative Expenses 4.1%
  Fundraising Expenses 7.7%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 1.27
  Program Expenses Growth 24.1%
  Liabilities to Assets 14.7%
All data for Financial Performance Metrics calculations was provided by The Pike Place Market Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Pike Place Market Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Pike Place Market Foundation (WA) 97.17 four stars
Brighton Park Neighborhood Council (IL) 90.58 four stars
Fifth Avenue Committee (NY) 86.48 three stars
Oklahoma Center for Nonprofits (OK) 97.02 four stars
West Valley Community Services (CA) 87.65 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,232,916
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $532,339
   Related Organizations $0
   Government Grants $0
Total Contributions $3,765,255
   Program Service Revenue $0
Total Primary Revenue $3,765,255
   Other Revenue $345,729
TOTAL REVENUE $4,110,984
   
EXPENSES  
   Program Expenses $2,138,652
   Administrative Expenses $182,197
   Fundraising Expenses $239,145
TOTAL FUNCTIONAL EXPENSES $2,559,994
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,550,990
   
Net Assets $5,924,277

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grants Disbursement $1,292,245 60.4%
The Market Commons $846,407 39.6%

Ratings History
The Pike Place Market Foundation has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-03 06/01/2019 97.17 four stars
2017-03 12/01/2018 92.61 four stars
2016-03 06/01/2017 91.35 four stars
2015-03 12/01/2016 87.92 three stars
2015-03 06/01/2016 85.63 three stars
 
CN 2.0
2014-03 09/01/2015 85.00 three stars
2013-03 11/01/2014 83.26 three stars
2012-03 11/01/2013 87.73 three stars
2012-03 04/01/2013 87.54 three stars
2011-03 06/01/2012 75.96 two stars
2011-03 04/01/2012 75.46 two stars
2010-03 09/20/2011 80.91 three stars
 
CN 1.0
2010-03 12/01/2010 73.00 two stars
2009-03 07/01/2010 75.75 two stars
2008-03 12/17/2008 98.74 four stars
2007-03 08/01/2008 81.50 three stars
2006-03 12/15/2006 92.83 four stars
2005-03 04/01/2006 78.52 two stars
2004-03 08/01/2005 89.25 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 91-1197625
Name in IRS Master File PIKE PLACE MARKET FOUNDATION
NTEE Code S20
NTEE Classification Community, Neighborhood Development, Improvement (General)
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
(560) Supplying money, goods or services to the poor
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1983
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2018
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
Compensation % of Expenses Paid to Title
$117,793 4.60% Lillian Sherman Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Pike Place Market Foundation (WA) 97.17 four stars
Downtown Cleveland Alliance (OH) 86.33 three stars
Liberty Hill Foundation (CA) 92.75 four stars
Hispanics in Philanthropy (CA) 87.37 three stars
Urban Affairs Coalition (PA) 86.84 three stars

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Charity Contact Info

The Pike Place Market Foundation
85 Pike Street
Suite 500
Seattle, WA 98101
tel: (206) 682-7453
fax: (206) 682-7447
EIN: 91-1197625

Visit Web Site

Board Leadership

Abraham Dairi
President

CEO

Lillian Sherman
Executive Director

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