Olympia Tumwater Foundation
Nonprofit profile at a glance
- EIN
- 910741161
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025
- Location
- Tumwater, WA, USA
- Phone
- 3609432550
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $485,056
- Expenses
- $925,186
- Assets
- $12,552,639
- Liabilities
- $43,455
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Waite Dalrymple (Vice President)
- Lee Wojnar (President)
Highest reported compensation
- Todd Cutts (Executive Dir.): $140,713 total reported compensation
- John Freedman: $24,535 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Honoring the Schmidt family legacy, our mission is to create generational memories, promote overall wellbeing, and provide inspiration for community members and visitors alike through education, preservation, and enhancement of the areas natural and historic environment.
What it reported doing in 2025
The Foundation also owns and operates the historic Schmidt House built in 1904 by Leopold Schmidt, founder of the Olympia Brewing Company. The home is made available to various nonprofit, cultural, educational and historic organizations in support of their mission. Also located in the House are the Foundation archives which serve as a repository for artifacts, documents, and objects preserving the memory and legacy of the Schmidt family and the Olympia Brewing Company as well as supporting and promoting the architectural and cultural heritage of the Tumwater Historic District.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 82% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 68
- Accountability: 0
- Sustainability: 36
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 68.5%; rating input score 68
- Fundraising efficiency: $60.03 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
- Governance controls: 0 of 8 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -90.7%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 13.57; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 17.9%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: -2.6% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 68.5% of spending went to programs
- Governance: 0 of 14 board members independent · 0 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $634K in reported program spending
- Leadership: top reported pay $141K · 15 people listed · 0 of 6 pay-setting controls reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 10 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 7 of 7 not reported.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.