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Filing year 2024

Olympia Tumwater Foundation

Tumwater, Washington·EIN 91-0741161·3
Total revenue
$1.3M
Total assets
$12M
Total expenses
$1.1M
Reported officers
15
Mission

The Olympia Tumwater Foundation honors both the history and future of Thurston County through its commitment to a wide range of community projects including student scholarships, historic preservation, and stewardship of Brewery Park at Tumwater Falls. Through such civic involvement, the Foundation continues the tradition of philanthropy and responsible citizenship established by the Schmidt family and the Olympia Brewing Company.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Executive Director
$166k
$177k
Base
$161k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Up 3%
from 2023

From $161k in 2023 to $166k in 2024.

$161k
2023
$166k
2024
In today's dollarsEst.
Roughly flat in real terms$176k to $177k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Olympia Tumwater Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$759k
$891k
2023
$1.3M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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