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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
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$125,047,181J 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) 289,201
2 Check bullet.............
3 Interest on savings and temporary cash investments 9,943 9,943 9,943
4 Dividends and interest from securities... 227,892 227,892 227,892
5a Gross rents............ 6,554,755 6,500,755 6,554,755
b Net rental income or (loss) 3,548,132
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -19,130
b Gross sales price for all assets on line 6a 2,295,970
7 Capital gain net income (from Part IV, line 2)... 653,178
8 Net short-term capital gain......... 70,721
9 Income modifications...........  
10a Gross sales less returns and allowances 57,690
b Less: Cost of goods sold.... 27,563
c Gross profit or (loss) (attach schedule)..... 30,127 30,127
11 Other income (attach schedule)....... Click to see attachment 62,326 10,418 39,379
12 Total. Add lines 1 through 11........ 7,155,114 7,402,186 6,932,817
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 487,487 48,751 48,751 438,760
14 Other employee salaries and wages...... 2,047,800 118,764 187,545 1,933,937
15 Pension plans, employee benefits....... 495,438 16,319 27,709 313,314
16a Legal fees (attach schedule)......... Click to see attachment 252,580 187,994 187,994 64,586
b Accounting fees (attach schedule)....... Click to see attachment 95,100 2,500 9,500 85,600
c Other professional fees (attach schedule).... Click to see attachment 263,246 117,004 118,351 144,895
17 Interest............... 25,279 25,279 25,279 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 228,897 14,429 11,708 296,333
19 Depreciation (attach schedule) and depletion... 1,363,068 875,577 899,862
20 Occupancy.............. 2,027,264 1,763,973 1,763,973 236,170
21 Travel, conferences, and meetings....... 31,824 33 33 21,361
22 Printing and publications.......... 35,698 460 460 28,362
23 Other expenses (attach schedule)....... Click to see attachment 823,331 5,709 7,240 863,994
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,177,012 3,176,792 3,288,405 4,427,312
25 Contributions, gifts, grants paid....... 1,700 1,700
26 Total expenses and disbursements. Add lines 24 and 25 8,178,712 3,176,792 3,288,405 4,429,012
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,023,598
b Net investment income (if negative, enter -0-) 4,225,394
c Adjusted net income (if negative, enter -0-)... 3,644,412
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 499,361 615,110 615,110
2 Savings and temporary cash investments......... 4,814,941 3,485,483 3,485,483
3 Accounts receivable bullet989,066
Less: allowance for doubtful accounts bullet   432,160 989,066 989,066
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   41,000    
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.............. 65,394 64,522 64,522
9 Prepaid expenses and deferred charges.......... 2,021,674 2,144,294 2,144,294
10a Investments—U.S. and state government obligations (attach schedule) 195,301 Click to see attachment165,081 165,081
b Investments—corporate stock (attach schedule)....... 2,955,295 Click to see attachment3,307,384 3,307,384
c Investments—corporate bonds (attach schedule)....... 1,595,798 Click to see attachment1,638,683 1,638,683
11 Investments—land, buildings, and equipment: basis bullet38,195,464
Less: accumulated depreciation (attach schedule) bullet12,452,544 26,450,684 Click to see attachment25,742,920 85,437,900
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,279,863 Click to see attachment14,467,807 14,467,807
14 Land, buildings, and equipment: basis bullet23,016,605
Less: accumulated depreciation (attach schedule) bullet10,509,725 12,724,371 Click to see attachment12,506,880 12,506,880
15 Other assets (describe bullet) Click to see attachment284,034 Click to see attachment224,971 Click to see attachment224,971
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,359,876 65,352,201 125,047,181
Liabilities 17 Accounts payable and accrued expenses.......... 430,022 516,517
18 Grants payable.................    
19 Deferred revenue................. 169,718 164,046
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 3,700,000 2,943,800
22 Other liabilities (describe bullet) Click to see attachment438,056 Click to see attachment492,794
23 Total liabilities (add lines 17 through 22)......... 4,737,796 4,117,157
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 56,011,480 57,849,879
25 Net assets with donor restrictions............ 3,610,600 3,385,165
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 59,622,080 61,235,044
30 Total liabilities and net assets/fund balances (see instructions). 64,359,876 65,352,201
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
59,622,080
2
Enter amount from Part I, line 27a .....................
2
-1,023,598
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,636,562
4
Add lines 1, 2, and 3 ..........................
4
61,235,044
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
61,235,044
Form 990-PF (2020)
Form 990-PF (2020)
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 PUBLICLY TRADED SECURITIES - LONG TERM P    
b PUBLICLY TRADED SECURITIES - SHORT TERM P    
c FROM SCHEDULE K-1 - LONG TERM P    
d FROM SCHEDULE K-1 - SHORT TERM P    
e FROM SCHEDULE K-1 - 1231 GAIN P    
FROM SCHEDULE K-1 - 1256 GAIN P    
(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 2,177,022   2,074,089 102,933
b 118,948   125,284 -6,336
c 386,805     386,805
d 77,057     77,057
e 3,945     3,945
88,774     88,774
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       102,933
b       -6,336
c       386,805
d       77,057
e       3,945
      88,774
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 2 653,178
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 70,721
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter: 1987-03-10(attach copy of letter if necessary–see instructions)
b Reserved................................ 1 N/A
c All other domestic foundations enter 1.39% 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 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 2021 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 the instructions
for the 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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 AVENUESEATTLEWA 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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    MIKE DOHERTY PRESIDENT
    5.00     		5,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    GAIL GORALSKI VICE PRESIDENT
    3.00     		4,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    JENNIFER POTTER VICE PRESIDENT
    3.00     		4,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    STUART WILLIAMS VICE PRESIDENT
    3.00     		4,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    JAMES MILES VICE PRESIDENT
    3.00     		0 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    JAN HANDRICKSON TREASURER
    3.00     		4,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    RHODA ALTOM SECRETARY
    3.00     		4,000 0 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    JOSEPH ROSA DIRECTOR/CEO
    35.00     		258,437 17,202 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    TOM MITCHELL CHIEF FINANCIAL OFFICER
    35.00     		178,112 8,760 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
    DANA FORHAN SENIOR PROPERTY MANA
    35.00     		122,052 9,027 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    HEATHER RATCLIFF INTERIM MANAGER, SEC
    35.00     		106,224 11,256 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    MICHELLE CHENG DIRECTOR OF EDUCATIO
    35.00     		84,457 14,332 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    ELAINE BOLIEU CONTROLLER
    35.00     		82,025 11,360 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    AMANDA DONNAN CHIEF CURATOR
    35.00     		76,990 11,802 0
    704 TERRY AVENUE
    SEATTLE,WA98104
    Total number of other employees paid over $50,000...................bullet 11
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    HILLIS CLARE MARTIN AND PETERSON LEGAL SERVICES 127,496
    999 THIRD AVE SUITE 4600
    SEATTLE,WA98104
    DORSEY AND WHITNEY LEGAL SERVICES 81,270
    P O BOX 1680
    MINNEAPOLIS,MN55480
    MOSS ADAMS AUDIT & TAX SERVICES 69,388
    P O BOX 35178
    SEATTLE,WA98124
    BNY MELLON INVESTMENT SERVICES 52,934
    240 GREENWHICH ST
    NEW YORK,NY10286
    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. 2,452,108
    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 ANDCHILDREN PARTICIPATE IN THESE PROGRAMS ANNUALLY. SEE PART XVI-B FOR MORE DETAILS. 1,451,896
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    4,613,484
    b
    Average of monthly cash balances.......................
    1b
    3,962,583
    c
    Fair market value of all other assets (see instructions)................
    1c
    103,221,761
    d
    Total (add lines 1a, b, and c).........................
    1d
    111,797,828
    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
    109,997,828
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,649,967
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    108,347,861
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,417,393
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (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
    4,429,012
    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
    385,141
    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
    4,814,153
    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
    4,814,153
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, 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 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
    3,644,412 2,688,177 3,554,856 2,630,242 12,517,687
    b 85% of line 2a ......... 3,097,750 2,284,950 3,021,628 2,235,706 10,640,034
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		4,814,153 4,099,565 4,536,898 4,625,504 18,076,120
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		1,700 3,000 0 0 4,700
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		4,812,453 4,096,565 4,536,898 4,625,504 18,071,420
    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...     		3,611,595 3,741,089 2,831,220 2,524,016 12,707,920
    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 (2020)
    Form 990-PF (2020)
    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
    ARTIST TRUST
    1835 12TH AVENUE
    SEATTLE,WA98122     		N/A PC BENEFIT ART AUCTION SPONSORSHIP 1,500
    SHUNPIKE
    815 SEATTLE BLVD S
    SEATTLE,WA98134     		N/A PC SEATTLE CULTURAL ACCESSIBILITY CONSORTIUM 200
    Total .................................bullet 3a 1,700
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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         54,640
    bEDUCATION         7,686
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 9,943  
    4 Dividends and interest from securities....     14 227,892  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531110 29,515      
    bNot debt-financed property.....     16 3,518,617  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		900099 26,625 18 -45,755  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory 453220 5,724 03 1,506 22,897
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 61,864 3,712,203 85,223
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,859,290
    (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 DISPLAY OF THE ITEMS IN ITS PERMANENT COLLECTION, THE MUSEUM OFFERS MANY TEMPORARY EXHIBITS EACH YEAR THAT CONCENTRATE ON SPECIFIC ARTISTS 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 ADMINISTERED 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.
    10 THE GIFT SHOP PROVIDES MERCHANDISE WHICH IS DIRECTLY RELATED TO THE EXHIBITIONS SHOWN AND THE CLASSES, LECTURES AND WORKSHOPS OFFERED THROUGHOUT THE YEAR TO ENHANCE VISITORS AND PARTICIPANTS' EXPERIENCES OF THE MUSEUM.
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    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
    2020
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM         		Employer identification number
    91-0659435
    Part I
    Contributors
    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

    		$ 17,250


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    RHODA L ALTOM
     
    5405 LAKE WASHINGTON BLVD S
     
    SEATTLE, WA98118

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    JANICE ANDERSON
     
    27036 8TH AVE S
     
    DES MOINES, WA98198

    		$ 5,000


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

    		$ 80,552


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    ARTSFUND
     
    100 W HARRISON ST STE S150
     
    SEATTLE, WA98119

    		$ 34,680


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    MIKE P DOHERTY
     
    5820 OAKHURST RD S
     
    SEATTLE, WA98118

    		$ 5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM         		Employer identification number
    91-0659435
    Part I
    Contributors
    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
    ESTATE OF CHRISTIAN HERMANN HEESEMANN
     
    1100 SHENANDOA DR E
     
    SEATTLE, WA98112

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    GAIL GORALSKI
     
    350 16TH AVE E
     
    SEATTLE, WA98112

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    KATE JANEWAY
     
    99 UNION ST UNIT 1902
     
    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
    10
    KING COUNTY OFFICE OF PERFORMANCE STRATEGY AND BUDGET
     
    401 5TH AVE MS CNK-ES-0323
     
    SEATTLE, WA98104

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    NORDSTROM
     
    1617 6TH AVE STE 500
     
    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
    12
    SEATTLE OFFICE OF ARTS AND CULTURE
     
    PO BOX 94748
     
    SEATTLE, WA98124

    		$ 26,675


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    CHARLES & EMMA FRYE FREE PUBLIC
    ART MUSEUM         		Employer identification number
    91-0659435
    Part I
    Contributors
    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
    VULCAN INC
     
    505 5TH AVE S STE 900
     
    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
    14
    WASHINGTON STATE ARTS COMMISSION
     
    PO BOX 42675
     
    OLYMPIA, WA98504

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    15
    STUART V WILLIAMS
     
    2819 60TH AVE SE
     
    MERCER ISLAND, WA98040

    		$ 7,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    16
    JENNIFER T WINTON
     
    1011 39TH AVE E
     
    SEATTLE, WA98112

    		$ 6,393


    (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.)
    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    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) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 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 95,100 2,500 9,500 85,600

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SALE OF FIXED ASSETS   PURCHASED       335,512 COST 0 -115,727 219,785

    TY 2020 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 CORPORATE BOND FUND 261,415 261,415
    BNY MELLON INTERMEDIATE BOND FUND 361,315 361,315
    BNY MELLON BOND FUND 782,104 782,104
    BNY MELLON HIGH YIELD FUND - CLASS I 118,427 118,427
    BNY MELLON FLOATING RATE INCOME FUND -CLASS Y 115,422 115,422

    TY 2020 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
    ABBVIE INC. ( ABBV ) 32,145 32,145
    ADOBE SYSTEMS INC (ADBE) 29,007 29,007
    ADVANCED MICRO DEVICES INC ( AMD ) 35,767 35,767
    AIR PRODUCTS & CHEMICALS INC ( APD ) 28,415 28,415
    ALPHABET, INC. ( GOOGL ) 47,321 47,321
    AMAZON.COM INC ( AMZN ) 52,111 52,111
    AMERICAN INTERNATIONAL GROUP INC ( AIG ) 44,675 44,675
    AMERICAN TOWER CORPORATION ( AMT ) 21,548 21,548
    APPLE INC ( AAPL ) 78,287 78,287
    BOSTON SCIENTIFIC CORPORATION ( BSX ) 30,198 30,198
    BRISTOL-MYERS SQUIBB COMPANY ( BMY ) 31,635 31,635
    CME GROUP INC ( CME ) 26,579 26,579
    CHEVRON CORPORATION ( CVX ) 21,366 21,366
    COCA - COLA CO ( KO ) 20,839 20,839
    COMCAST CORP CL A ( CMCSA ) 33,536 33,536
    DEERE & CO ( DE ) 42,241 42,241
    FACEBOOK INC. ( FB ) 52,174 52,174
    HONEYWELL INTL INC ( HON ) 35,096 35,096
    LAM RESH CORP ( LRCX ) 47,227 47,227
    LAS VEGAS SANDS CORP ( LVS ) 32,780 32,780
    MICROSOFT CORPORATION ( MSFT ) 60,276 60,276
    NEXTERA ENERGY INC ( NEE ) 12,344 12,344
    NIKE INC CLASS B STOCK ( NKE ) 25,464 25,464
    NVIDIA CORP ( NVDA ) 42,298 42,298
    OTIS WORLDWIDE CORPORATION ( OTIS ) 29,655 29,655
    PHILIP MORRIS INTERNATIONAL INC ( PM ) 24,837 24,837
    THE PROCTER & GAMBLE COMPANY ( PG ) 21,706 21,706
    TRUIST FINL CORP ( TFC ) 32,401 32,401
    UNITEDHEALTH GROUP INC ( UNH ) 30,860 30,860
    VISA INC-CLASS A SHRS ( V ) 40,684 40,684
    BNY MELLON INSTITUTIONAL S&P 500 ( DSPIX ) STOCK INDEX FUND - CLASS I 595,431 595,431
    BNY MELLON MIDCAP INDEX FUND, INC. ( DMIDX ) - CLASS I 301,750 301,750
    ISHARES TR S & P SMALLCAP 600 ( IJR ) 203,099 203,099
    BNY MELLON INTERNATIONAL EQUITY ( MLIMX ) INCOME FUND 91,967 91,967
    BNY MELLON INTERNATIONAL FUND ( MPITX ) 178,898 178,898
    BNY MELLON INTERNATIONAL STOCK FUND ( DISYX ) - CLASS Y 245,299 245,299
    BNY MELLON INTERNATIONAL EQUITY FUND( NIEYX ) - CLASS Y 82,327 82,327
    ISHARES MSCI EAFE SMALL CAP INDEX ( SCZ ) FUND 147,841 147,841
    DFA EMERGING MARKETS CORE EQUITY ( DFCEX ) FUNDS 201,009 201,009
    VIRTUS EMERGING MARKETS ( HIEMX ) OPPORTUNITIES FUND 196,291 196,291

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    US Government Securities - End of Year Book Value:

    165,081
    US Government Securities - End of Year Fair Market Value:

    165,081
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2020 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 6,609,625 0 6,609,625 0
    LAND IMPROVEMENTS 84,408 84,408 0 0
    BUILDINGS 29,614,615 10,783,646 18,830,969 85,437,900
    LEASEHOLD IMPROVEMENTS 1,812,546 1,521,016 291,530 0
    EQUIPMENT 74,270 63,474 10,796 0

    TY 2020 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 VII LP FMV 696,705 696,705
    FUGIO VC FUND IV LP FMV 10,728 10,728
    FUGIO PRIVATE EQUITY FUND VI LP FMV 349,628 349,628
    MAKENA ENDOWMENT PORTFOLIO FMV 13,410,746 13,410,746

    TY 2020 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 5,064,942 0 5,064,942 5,064,942
    LAND IMPROVEMENTS 886,519 86,206 800,313 800,313
    BUILDINGS 13,340,184 7,713,530 5,626,654 5,626,654
    LEASEHOLD IMPROVEMENTS 2,272,766 1,379,727 893,039 893,039
    FURNITURE & FIXTURES 1,360,693 1,290,499 70,194 70,194
    EQUIPMENT 91,501 39,763 51,738 51,738


    TY 2020 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 252,580 187,994 187,994 64,586


    TY 2020 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 284,034 224,971 224,971


    TY 2020 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
    ADVERTISING 44,072 0 260 43,990
    OFFICE EXPENSE 87,647 0 1,229 148,297
    BANK FEES 10,400 0 0 10,486
    REPAIRS & MAINTENANCE 158,860 0 0 150,318
    INSURANCE 150,726 0 0 150,726
    MISCELLANEOUS 69,064 5,709 5,709 36,129
    EXHIBITION 125,240 0 0 160,996
    OUTSIDE SERVICES 150,058 0 0 98,679
    STAFFING & RECRUITING 27,264 0 42 64,373


    TY 2020 OtherIncomeSchedule2
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM K-1S   10,418 -22,947
    MEMBERSHIPS 54,640   54,640
    EDUCATION 7,686   7,686


    TY 2020 OtherIncreasesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Description Amount
    UNREALIZED GAINS 2,636,562


    TY 2020 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 438,056 492,794


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 148,043 1,801 3,148 144,895
    INVESTMENT MANAGEMENT FEES 115,203 115,203 115,203 0


    TY 2020 TaxesSchedule
    Name:
    CHARLES & EMMA FRYE FREE PUBLIC
     
    ART MUSEUM
    EIN:
    91-0659435
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 220,281 10,137 10,137 289,288
    B&O TAXES 374 0 0 374
    REAL PROPERTY TAXES 8,242 1,571 1,571 6,671
    FROM SCHEDULE K-1 - FOREIGN TAXES 0 2,721 0 0