Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
CHARLES & EMMA FRYE FREE PUBLIC
ART MUSEUM
Number and street (or P.O. box number if mail is not delivered to street address)704 TERRY AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98104
A Employer identification number

91-0659435
B Telephone number (see instructions)

(206) 622-9250
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$98,910,848J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 297,635
2 Check bullet.............
3 Interest on savings and temporary cash investments 216,761 216,761 216,761
4 Dividends and interest from securities... 380,430 501,969 380,430
5a Gross rents............ 5,181,565 5,141,065 5,181,565
b Net rental income or (loss) 3,060,841
6a Net gain or (loss) from sale of assets not on line 10 161,199
b Gross sales price for all assets on line 6a 1,905,200
7 Capital gain net income (from Part IV, line 2)... 756,094
8 Net short-term capital gain......... 5,794
9 Income modifications...........  
10a Gross sales less returns and allowances 597,201
b Less: Cost of goods sold.... 242,308
c Gross profit or (loss) (attach schedule)..... 354,893 354,893
11 Other income (attach schedule)....... Click to see attachment 170,988 83,746 170,988
12 Total. Add lines 1 through 11........ 6,763,471 6,699,635 6,310,431
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 569,342 56,934 56,934 512,408
14 Other employee salaries and wages...... 1,900,072 0 288,449 1,543,427
15 Pension plans, employee benefits....... 554,213 0 84,135 484,632
16a Legal fees (attach schedule)......... Click to see attachment 123,773 20,778 20,778 102,995
b Accounting fees (attach schedule)....... Click to see attachment 76,529 2,250 6,100 70,429
c Other professional fees (attach schedule).... Click to see attachment 339,077 220,640 220,640 125,671
17 Interest............... 80,566 0 40,500 40,066
18 Taxes (attach schedule) (see instructions)...   3,941    
19 Depreciation (attach schedule) and depletion... 1,157,275 636,100 801,156
20 Occupancy.............. 1,236,562 1,236,562 1,236,562 0
21 Travel, conferences, and meetings....... 132,917 0 0 130,757
22 Printing and publications.......... 96,235 0 0 96,235
23 Other expenses (attach schedule)....... Click to see attachment 1,391,850 152,660 321 1,430,278
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,658,411 2,329,865 2,755,575 4,536,898
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 7,658,411 2,329,865 2,755,575 4,536,898
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -894,940
b Net investment income (if negative, enter -0-) 4,369,770
c Adjusted net income (if negative, enter -0-)... 3,554,856
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 862,313 542,809 542,809
2 Savings and temporary cash investments......... 238,977 515,035 515,035
3 Accounts receivable bullet400
Less: allowance for doubtful accounts bullet   54,030 400 400
4 Pledges receivable bullet54,500
Less: allowance for doubtful accounts bullet   65,500 54,500 54,500
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use.............. 56,227 47,600 47,600
9 Prepaid expenses and deferred charges.......... 1,861,321 2,017,218 2,017,218
10a Investments—U.S. and state government obligations (attach schedule) 1,288,547 Click to see attachment1,657,526 1,657,526
b Investments—corporate stock (attach schedule)....... 3,157,392 Click to see attachment2,423,738 2,423,738
c Investments—corporate bonds (attach schedule)....... 11,596,669 Click to see attachment11,019,056 11,019,056
11 Investments—land, buildings, and equipment: basis bullet31,787,371
Less: accumulated depreciation (attach schedule) bullet11,134,955 21,137,305 Click to see attachment20,652,416 57,170,908
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,862,567 Click to see attachment11,931,231 11,931,231
14 Land, buildings, and equipment: basis bullet20,986,827
Less: accumulated depreciation (attach schedule) bullet9,625,403 11,721,413 Click to see attachment11,361,424 11,361,424
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment169,403 Click to see attachment169,403
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 63,902,261 62,392,356 98,910,848
Liabilities 17 Accounts payable and accrued expenses.......... 451,589 379,320
18 Grants payable.................    
19 Deferred revenue................. 48,023 54,402
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 2,800,000 2,800,000
22 Other liabilities (describe bullet) Click to see attachment197,164 Click to see attachment191,476
23 Total liabilities (add lines 17 through 22)......... 3,496,776 3,425,198
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 56,815,970 55,422,273
25 Temporarily restricted............... 375,159 330,529
26 Permanently restricted............... 3,214,356 3,214,356
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 60,405,485 58,967,158
31 Total liabilities and net assets/fund balances (see instructions). 63,902,261 62,392,356
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
60,405,485
2
Enter amount from Part I, line 27a .....................
2
-894,940
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
59,510,545
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
543,387
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
58,967,158
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICLY TRADED SECURITIES   2017-01-01 2018-12-31
b FROM SCHEDULE K-1 P 2017-01-01 2018-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,905,200   1,744,001 161,199
b 594,895     594,895
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       161,199
b       594,895
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 756,094
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017      
2016      
2015      
2014      
2013      
2
Total of line 1, column (d) .....................
2
 
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
 
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4,.............
8
 
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter: 1987-03-10(attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 N/A
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.FRYEMUSEUM.ORG
    14
    The books are in care ofbulletLANIE BOLIEU Telephone no.bullet (206) 622-9250

    Located atbullet704 TERRY AVESEATTLEWA ZIP+4bullet98104
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DOUGLAS D ADKINS PRESIDENT
    2.50     		10,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    MICHAEL P DOHERTY VICE PRESIDENT/PRESIDENT
    2.00     		12,750 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    RHODA ALTOM VICE PRESIDENT
    2.00     		12,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    JANET HENDRICKSON TREASURER
    2.00     		12,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    KATE JANEWAY SECRETARY
    2.00     		12,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    JOSEPH ROSA DIRECTOR/CEO
    35.00     		240,357 21,947 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    MARGARET M GRIFFITHS CHIEF FINANCIAL OFFICER
    35.00     		170,206 12,693 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    RENATE RAYMOND DEPUTY DIRECTOR, DEVELOPMENT
    35.00     		100,029 7,823 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    AMANDA DONNAN CURATOR
    35.00     		73,209 15,375 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    DANA FORHAN SENIOR PROPERTIES MA
    35.00     		79,596 7,129 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    ELAINE BOLIEU CONTROLLER
    35.00     		73,940 8,101 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    CORLISS GOOCH REGISTRAR
    35.00     		71,448 9,779 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    ADDY DAVIS FACILITIES MANAGER
    35.00     		63,820 2,276 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    Total number of other employees paid over $50,000...................bullet 6
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    BNY MELLON INVESTMENT MANAGEMENT 58,461
    240 GREENWICH STREET
    NEW YORK,NY10286
    CLARK NUBER ACCOUNTING SERVICES 53,394
    10900 NE 4TH ST SUITE 1400
    BELLEVUE,WA98021
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE MUSEUM OPERATES & ADMINISTERS A FREE PUBLIC ART MUSEUM. IN ADDITION TO THE DISPLAY OF THE ITEMS IN ITS PERMANENT COLLECTION, THE MUSEUM OFFERS MANY TEMPORARY EXHIBITS EACH YEAR THAT CONCENTRATE ON SPECIFIC ARTISTS OR THEMES. APPROXIMATELY 100,000 PEOPLE VIEW THESE EXHIBITIONS ANNUALLY SEE PART XVI-B FOR MORE DETAILS. 3,707,721
    2 FREE & FEE-BASED CLASSES ARE PROVIDED TO ADULTS & CHILDREN ON TOPICS SUCH AS ART HISTORY, DRAWING AND SCULPTURE, AS WELL AS SUBJECTS SPECIFIC TO THE PERMANENT COLLECTION AND TEMPORARY EXHIBITIONS. THE MUSEUM PRESENTS LECTURES, WORKSHOPS AND GUIDED TOURS COVERING A VARIETY OF TOPICS. CLASSES AND LECTURES INCLUDE OUR "SMALL FRYE" SERIES FOR CHILDREN, MANY SCHOOL PROGRAMS INCLUDING THOSE ADMINISTERED THRU BAILEY GATZERT PUBLIC ELEMENTARY SCHOOL, AND PROGRAMS FOR SENIORS WITH COGNITIVE ISSUES, SUCH AS ALZEIMER'S CAFE AND THE HERE:NOW SERIES. APPROXIMATELY 28,000 ADULTS AND CHILDREN PARTICIPATE IN THESE PROGRAMS ANNUALLY. SEE PART XVI-B FOR MORE DETAILS. 889,986
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,964,096
    b
    Average of monthly cash balances.......................
    1b
    644,575
    c
    Fair market value of all other assets (see instructions)................
    1c
    69,421,377
    d
    Total (add lines 1a, b, and c).........................
    1d
    88,030,048
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    1,800,000
    3
    Subtract line 2 from line 1d.........................
    3
    86,230,048
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,293,451
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    84,936,597
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,246,830
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    4,536,898
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,536,898
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,536,898
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
    1979-04-11
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
    3,554,856 2,630,242 1,976,743 534,855 8,696,696
    b 85% of line 2a ......... 3,021,628 2,235,706 1,680,232 454,627 7,392,192
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		4,536,898 4,625,504 5,187,242 1,180,719 15,530,363
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		4,536,898 4,625,504 5,187,242 1,180,719 15,530,363
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		2,831,220 2,524,016 1,483,213 356,570 7,195,019
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aMEMBERSHIPS         73,705
    bEDUCATION         84,756
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 216,761  
    4 Dividends and interest from securities....     14 380,430  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531110 -24,285      
    bNot debt-financed property.....     16 3,085,126  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 161,199  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory 453220 26,954 03 327,939  
    11 Other revenue:
    aBOOK ROYALTIES     		      721  
    bREFUNDS       11,806  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 2,669 4,183,982 158,461
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,345,112
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A THE MUSEUM OPERATES AND ADMINISTERS A FREE PUBLIC ART MUSEUM. IN ADDITION TO THE DISPLAY OF THE ITEMS IN ITS PERMANENT COLLECTION, THE MUSEUM OFFERS MANY TEMPORARY EXHIBITS EACH YEAR THAT CONCENTRATE ON SPECIFIC ARTISTS OR THEMES. APPROXIMATELY 100,000 PEOPLE VIEW THESE EXHIBITIONS ANNUALLY.
    1B FREE AND FEE-BASED CLASSES ARE PROVIDED TO ADULTS AND CHILDREN ON TOPICS SUCH AS ART HISTORY, DRAWING, AND SCULPTURE, AS WELL AS SUBJECTS SPECIFIC TO THE PERMANENT COLLECTION AND TEMPORARY EXHIBITIONS. THE MUSEUM PRESENTS LECTURES, WORKSHOPS AND GUIDED TOURS COVERING A VARIETY OF TOPICS. CLASSES AND LECTURES INCLUDE OUR "SMALL FRYE" SERIES FOR CHILDREN, MANY SCHOOL PROGRAMS INCLUDING THOSE ADMINISTED THRU BAILEY GATZERT PUBLIC ELEMENTARY SCHOOL, AND PROGRAMS FOR SENIORS WITH COGNITIVE ISSUES, SUCH AS THE ALZEIMER'S CAFE AND THE HERE: NOW SERIES. APPROXIMATELY 28,000 ADULTS AND CHILDREN PARTICIPATE IN THESE PROGRAMS ANNUALLY.
    11A BOOK ROYALTIES FROM SALE OF ART PUBLICATIONS THAT RELATE TO EXHIBITS ON DISPLAY IN THE MUSEUM. THE PUBLICATIONS ARE AN EDUCATIONAL TOOL FOR MUSEUM VISITORS.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM
    Employer identification number

    91-0659435
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM         		Employer identification number
    91-0659435
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    4CULTURE
     
    101 PREFONTAINE PL S
     
    SEATTLE, WA98104

    		$ 19,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    ART BRIDGES
     
    209 W 2ND ST STE 370
     
    FORT WORTH, TX76102

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    ARTSFUND
     
    10 HARRISON ST STE 200
     
    SEATTLE, WA98109

    		$ 10,547


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    BNY MELLON WEALTH MANAGEMENT
     
    1201 3RD AVE STE 5010
     
    SEATTLE, WA98101

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    BONHAMS AUCTIONEERS AND APPRAISERS
     
    220 SAN BRUNO AVE
     
    SAN FRANCISCO, CA94103

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    ESTATE OF M JEAN FISHER
     
    C/O CARL WESTPHAL 6997 BEAUCHAMP LN
     
    SEABECK, WA98380

    		$ 60,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM         		Employer identification number
    91-0659435
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    JANICE ANDERSON
     
    27036 8TH AVE S
     
    DES MOINES, WA98198

    		$ 5,400


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    LUCKY SEVEN FOUNDATION
     
    3414 NE 55TH ST
     
    SEATTLE, WA98105

    		$ 5,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    PAUL STURM FOUNDATION
     
    2929 1ST AVE APT 1303
     
    SEATTLE, WA98121

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    ROBERT CHINN FOUNDATION
     
    PO BOX 14084
     
    SEATTLE, WA98104

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    SEATTLE OFFICE OF ARTS AND CULTURE
     
    PO BOX 94748
     
    SEATTLE, WA98124

    		$ 22,600


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    SEATTLE ROTARY SERVICE FOUNDATION
     
    1326 5TH AVE STE 342
     
    SEATTLE, WA98101

    		$ 5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM         		Employer identification number
    91-0659435
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    13
    THE NORCLIFFE FOUNDATION
     
    999 3RD AVE STE 1006
     
    SEATTLE, WA98104

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    14
    THE RICHARD M & MAUDE M FERRY CHARITABLE FOUNDATION
     
    1023 COLUMBIA ST
     
    SEATTLE, WA98104

    		$ 5,994


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    15
    US BANK
     
    111 SW 5TH AVE STE 400-T
     
    PORTLAND, OR97204

    		$ 7,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    16
    USI INSURANCE SERVICES LLC
     
    601 UNION ST STE 1000
     
    SEATTLE, WA98101

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    17
    VULCAN INC
     
    505 5TH AVE S STE 900
     
    SEATTLE, WA98104

    		$ 30,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM         		Employer identification number

    91-0659435
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM         		Employer identification number

    91-0659435
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 76,529 2,250 6,100 70,429

    TY 2018 AllOthProgRltdInvestmentsSch
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category Amount
    NONE 0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BNY MELLON S/T US GOV SECS-M 218,134 218,134
    AMERICAN EXPRESS CREDIT 123,656 123,656
    AMERICAN EXPRESS CREDIT SENIOR NT 99,837 99,837
    AMERICAN HONDA FINANCE CORP 344,369 344,369
    APPLE INC SENIOR NT 396,216 396,216
    BANK OF AMERICA CORPORATION SENIOR NT SER L 346,259 346,259
    CAPITAL ONE N A 286,824 286,824
    CATERPILLAR FINANCIAL SERVICES 396,096 396,096
    CHEVRON CORP 223,679 223,679
    CISCO SYSTEMS INC 348,142 348,142
    CITIBANK N A MED TERM BK NT 245,863 245,863
    COCA-COLA CO 394,893 394,893
    EXXON MOBILE CORP 247,752 247,752
    FIFTH THIRD BANKCORP SENIOR NT 169,828 169,828
    FIFTH THIRD BANKCORP MED TERM NT 199,588 199,588
    GOLDMAN SACHS GROUP INC 1.95% 250,865 250,865
    GOLDMAN SACHS GROUP INC 2.3% 197,966 197,966
    GOLDMAN SACHS GROUP INC 2.75% 247,415 247,415
    HOME DEPOT INC 246,422 246,422
    INTERNATIONAL BUSINESS MACHS 299,622 299,622
    JOHNSON & JOHNSON SENIOR NT 198,396 198,396
    JPMORGAN CHASE & CO 297,012 297,012
    MCDONALDS CORP MED TERM 247,210 247,210
    MORGAN STANLEY SENIOR NT 396,996 396,996
    NORTHERN STATES POWER CO 246,612 246,612
    PACCAR FINANCIAL CORP MED TERM NT 273,289 273,289
    PEPSICO INC 246,380 246,380
    PNC BANK NA 259,548 259,548
    UNION PACIFIC CORP 276,296 276,296
    WAL-MART STORES INC 496,490 496,490
    WALT DISNEY CO MED TERM NT 346,612 346,612
    WELLS FARGO & COMPANY 494,565 494,565
    TORONTO DOMINION BANK FGN MED TERM 198,216 198,216
    TORONTO DOMINION BANK FGN SR NT 245,428 245,428
    BNY MELLON CORP BOND-M 230,847 230,847
    BNY MELLON INTERMEDIATE BD-M 337,337 337,337
    BNY MELLON BOND FUND-M 718,294 718,294
    DREYFUS FLOATING RATE INC-Y 116,340 116,340
    DREYFUS HIGH YIELD-I 109,762 109,762

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADOBE SYSTEMS INC 23,529 23,529
    ALPHABET, INC. 22,989 22,989
    AMAZON.COM INC (AMZN) 28,537 28,537
    AMERICAN TOWER CORPORATION (AMT) 22,305 22,305
    BNY MELLON INTERNATIONAL-M 143,144 143,144
    BNY MELLON INTERNATIONAL EQUITY 88,147 88,147
    THE BOEING COMPANY 25,800 25,800
    CHEVRON CORPORATION (CVX) 18,277 18,277
    CISCO SYSTEMS INC (CSCO) 19,932 19,932
    COMCAST CORP CL A 22,473 22,473
    CONSTELLATION BRANDS INC-A (STZ) 20,424 20,424
    DEERE & CO (DE) 23,419 23,419
    DOWDUPONT INC (DWDP) 17,114 17,114
    DFA EMERG MKTS CORE EQUITY 159,432 159,432
    DREYFUS BASIC S&P500 STOCK IDX 423,255 423,255
    DREYFUS INTERNATIONAL STOCK-Y 170,299 170,299
    DREYFUS MIDCAP INDEX FUND 261,998 261,998
    DREYFUS/NEWTON INTERN EQTY-Y 62,540 62,540
    FACEBOOK INC. (FB) 21,368 21,368
    HONEYWELL INTL INC (HON) 21,800 21,800
    INTERCONTINENTAL EXCHANGE INC 24,859 24,859
    ISHARES TR S&P SMALLCAP 153,197 153,197
    ISHARES MSCI EAFE SMALL CAP INDEX (SCZ) FUND 112,087 112,087
    M G M MIRAGE (MGM) 19,408 19,408
    MEDTRONIC, PLC (MDT) 26,378 26,378
    MERCK & CO INC (MRK) 28,272 28,272
    MICROSOFT CORPORATION (MSFT) 21,939 21,939
    MONDELEZ INTERNATIONAL (MDLZ) 27,621 27,621
    MSCI INC (MSCI) 19,755 19,755
    PFIZER INC (PFE) 30,991 30,991
    QUALCOMM INC (QCOM) 22,764 22,764
    SCHWAB CHARLES CORP NEW (SCHW) 19,104 19,104
    SVB FINANCIAL GROUP (SIVB) 18,992 18,992
    TEXAS INSTRUMENTS INC (TXN) 27,405 27,405
    UNITEDHEALTH GROUP INC 33,133 33,133
    VALERO ENERGY CORP NEW 18,367 18,367
    VERIZON COMMUNICATIONS INC (VZ) 20,239 20,239
    VIRTUS EMERGING MKTS OPPOR-I 147,218 147,218
    VISA INC-CLASS A SHRS 29,423 29,423
    YUM! BRANDS INC (YUM) 25,738 25,738
    BNY MELLON SPECIAL PROJECTS FUND 66 66

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    US Government Securities - End of Year Book Value:

    1,657,526
    US Government Securities - End of Year Fair Market Value:

    1,657,526
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 InvestmentsLandSchedule2
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 7,569,625 0 7,569,625 7,569,625
    LAND IMPROVEMENTS 84,408 84,408 0 0
    BUILDINGS 22,386,560 9,580,369 12,806,191 49,324,683
    LEASEHOLD IMPROVEMENTS 1,672,508 1,414,911 257,597 257,597
    EQUIPMENT 74,270 55,267 19,003 19,003

    TY 2018 InvestmentsOtherSchedule2
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FUGIO PRIVATE EQUITY FUND VI LP FMV 388,823 388,823
    FUGIO PRIVATE EQUITY FUND VII FMV 475,500 475,500
    MAKENA ENDOWMENT FUND FMV 10,294,886 10,294,886
    FUGIO PRIVATE EQUITY FUND IV LP FMV 29,858 29,858
    OPTIMA PARTNERS GLOBAL FD LTD FMV 237,610 237,610
    THE OPTIMA PARTNERS FOCUS FUND FMV 196,836 196,836
    THE OPTIMA DISCRETIONARY MACRO FD LT FMV 307,718 307,718

    TY 2018 LandEtcSchedule2
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 5,057,830 0 5,057,830 5,057,830
    LAND IMPROVEMENTS 49,358 49,358 0  
    BUILDINGS 12,393,076 6,977,581 5,415,495 5,415,495
    LEASEHOLD IMPROVEMENTS 1,908,883 1,154,991 753,892 753,892
    FURNITURE & FIXTURES 1,537,919 1,403,712 134,207 134,207
    EQUIPMENT 39,761 39,761 0  


    TY 2018 LegalFeesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 123,773 20,778 20,778 102,995


    TY 2018 OtherAssetsSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    RENTAL LEASE COMMISSIONS 0 169,403 169,403


    TY 2018 OtherDecreasesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Description Amount
    UNREALIZED LOSSES 543,387


    TY 2018 OtherExpensesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REPAIRS & MAINTENANCE 212,346 0 0 223,003
    UTILITIES 344,089 0 0 361,693
    POSTAGE 4,658 0 0 5,180
    SUPPLIES 92,259 0 0 126,132
    INSURANCE 147,790 0 0 147,790
    TELEPHONE 14,192 0 0 14,132
    CONFERENCES, TRAINING, AND DUES 35,819 0 0 35,819
    TAXES & LICENSES 16,717 321 321 21,865
    EXHIBITION EXPENSE 457,819 0 0 438,927
    MISCELLANEOUS EXPENSES 27,462 0 0 27,462
    DIRECTORS FUND 14,278 0 0 14,278
    MUSEUM ACCREDITATION EXPENSE 24,421 0 0 13,997
    FROM SCHEDULE K-1 0 152,339 0 0


    TY 2018 OtherIncomeSchedule2
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM SCHEDULES K-1 0 71,219 0
    MEMBERSHIPS 73,705   73,705
    EDUCATION 84,756   84,756
    BOOK ROYALTIES 721 721 721
    REFUNDS 11,806 11,806 11,806


    TY 2018 OtherLiabilitiesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Description Beginning of Year - Book Value End of Year - Book Value
    LEASE DEPOSITS 197,164 191,476


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 58,462 58,462 58,462 0
    OTHER PROFESSIONAL FEES 280,615 162,178 162,178 125,671