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Historic SeattleAnnual Report2017

t h e v isio nTogether we are shaping acity that values and protectsits collective history.It is often said that preservation is a conversation with our past about ourfuture. For the past several years, Seattle has indeed found itself in themidst of a passionate discussion about the future. Often, the outcome seemsto come at the expense of the past.People are being displaced and longtime businesses are shuttering, as thebuildings they call home are demolished. It’s undeniable that demolitioncreates displacement. To that, we offer an alternative: the preservation ofplaces that matter, both the grand and the ordinary.As you will see in this report, preservation provides so much tocommunities. Our restored and reused buildings provide affordable officespace to a wide range of organizations, affordable housing to a diversegroup of residents, performance space for arts and culture, meeting spacefor community groups, and so much more.We currently own only eight historic properties, but since our foundingwe’ve helped save dozens more. If we can do this much with eight buildings,imagine the future of our city if we all embrace preservation.That’s the future we’re working towards, as together we shape a livable citythat values and protects its collective history.Thank you for all you enabled us to do in2017 in pursuit of th at v ision.Kji Kelly Executive DirectorLeft: Historic Seattle received the National Trust for HistoricPreservation’s Driehaus Award for our restoration of Washington Hallat the 2017 PastForward Conference in Chicago; image by David Keith.Right: students from Meridian School and Good Shepherd Centervisitors taste a sampling of heirloom apples from the property’s historicorchard at Historic Seattle’s annual apple tasting .

T h e i m pa c tIn 2 0 1 7, yo u r ge n e ro s i t y a l l owe d u s t o :E duc ate865 people about Seattle’s history through 28programs.A dvoc atefor preservation by responding to a varietyof public needs nearly 300 times, includinganswering landmarks inquiries, providingpolicy comments, researching historicproperties, and conducting communityoutreach.Preserve8 properties, hosting a range of activities andgatherings, totaling 250,000 visits annuallyand serving as homes to 26 nonprofits, aschool, a museum, and 48 family units.

P ropertiesVic torian Row Apar tmentsBuilt: 1891, operated by Historic Seattle since 1993Current use: 14 affordable housing unitsBel- Boy HousesBuilt: 1893-1903, operated by Historic Seattle since 1989Current use: 16 affordable housing unitsCadillac HotelBuilt: 1898, operated by Historic Seattle since 2001Current use: home of the Seattle unit of the National ParkService’s Klondike Gold Rush National Historical ParkPhillips HouseBuilt: 1902, operated by Historic Seattle since 1992Current use: 11 affordable housing unitsGood Shepherd CenterBuilt: 1906, operated by Historic Seattle since 1975Current use: home to several nonprofits, a senior center, aschool, and short-term rental performance and meeting spacesThe Dearborn HouseBuilt: 1907, operated by Historic Seattle since 1997Current use: headquarters of Historic Seattle, Martin-ZambitoFine Art, and First Hill Psychological ServicesWa s h i n g t o n H a l lBuilt: 1908, operated by Historic Seattle since 2009Current use: affordable performance space and home toanchor partners and social justice arts groups 206 Zulu,Hidmo, and Voices RisingThe Egan HouseBuilt: 1958, operated by Historic Seattle since 1998Current use: market rate single-family housing

E d u c atio nHow c a n you u n dersta n d a n dcon n ec t to ou r col l ec t i v e history?This question has been the premise behind HistoricSeattle’s education programming for 20 years. In2017, our longtime Program Director Larry Kreismanretired from his post, and we welcomed new ProgramManager Liz Johnson.In Larry’s honor, generous donors came together togive nearly 30,000, which will help fund educationprograms over the next five years.Clockwise from left;performers from theRussian CommunityCenter on stageduring our MembersMeeting at theRoycroft Theater;workshopparticipantsrestoring windowsat Washington Hallduring our handson PreservationLearning Lab;friends andfamily toast LarryKreisman’s legacyat a retirementcelebration in theArctic Club’s domeroom.

A dvoc ac yHow c a n w e st r engt hen prot ec t ionsfor histor ic bu il dings in ou r ci t y?Grassroots support, technical assistance, and publiceducation efforts are all part of the answer, but a bigboost in 2017 was the State Supreme Court decision inthe University of Washington lawsuit against the City ofSeattle regarding the demolition of the Nuclear ReactorBuilding.By deciding that UW must comply with Seattle’sLandmarks Preservation Ordinance, the court set aprecedent which now protect buildings on that campus,and for other state-owned property across Washington.Historic Seattle joined in this successful legal battle,thanks to donor support.!deulrervOClockwise from left: demolition of the Nuclear Reactor Buildingat UW; advocates show KeyArena their love with “Heart Bombs;”touring the Cambridge Apartments to learn about the connectionbetween preservation and affordable housing.

P h i l a n t h rop yThank you for coming together to fundour work in 2017, giving nearly 370,000.The 9 th Annual Preservation Awards Benefit contributed 55,000 to that total, our most successful awards eventto date!This year, we focused on our gratitude to every personwho contributed to our initiatives throughout the yearwith a new intimate luncheon for Preservation Partners,who give 1,000 or more annually, as well as CornerstoneLegacy Society donors. We also welcomed supporters tothe Dearborn House for our 2 nd Annual Holiday OpenHouse.Clockwise from left: raising glasses in celebration of preservationsuccesses at the 9th Annual Preservation Awards Benefit atWashington Hall; images by Sticks & Stones Photography; showingappreciation for our donors at the 2nd annual Gratitude TuesdayOpen House.

F i n a n c ia l sThese audited financial statements indicate ourfinancial position, revenue, and expenses for 2017.Statement of Net Assets12/31/201712/31/2016ChangeASSETSCurrent AssetsCash AccountsRestricted, Reserves, & DepositsOther Current AssetsTotal Current AssetsFixed AssetsLand & BuildingsFurniture & Equipment, LibraryRehabilitation in ProgressAccumulated DepreciationTotal Fixed AssetsOther AssetsTOTAL 00)(456,000)17,000(286,000)LIABILITIES & EQUITYLiabilitiesCurrent LiabilitiesLong Term LiabilitiesTotal LiabilitiesEquityTOTAL LIABILITIES & (43,000)(43,000)(86,000)(200,000)(286,000)Image above by Sticks & Stones Photography.

Rev enue: 3 ,108,000Real Estate Income 2,569,000Interest andInvestments 90,000Restricted Contributions 261,000Programs 26,000Unrestricted Contributionsand Membership Fees 162,000Expenses: 3 ,308,000FixedExpenses 576,000Depreciation 727,000Programs and Events 55,000Administration 140,000Salaries andBenefits 982,000Net Income:- 200,000Real EstateOperations 828,000

O u r S u pporters ’ c ir c l eBy giving to Historic Seattle, you are a partof our Supporters’ Circle. Historic Seattle isdeeply grateful for each person listed here.You are helping us shape a livable city thatvalues and protects its collective history.Preservation PartnersDonors who cont r ibute 1,000 in a yea r a re ou rPreser vat ion Pa r t ners a nd receive specia l benefitsi nclud i ng a n i nv itat ion to a n i nt i mate a n nua l lu ncheon. 25,000 - 150,0004CultureRaynier Foundation 10,000 - 24 ,999Bassetti ArchitectsKevin Daniels Daniels Real Estate 5,000 - 9,999John Bennett Bennett PropertiesClark BarnesEarthwise Architectural SalvageHugh & Jane Ferg uson FoundationJudy PigottR o n W r i g h t R o n W r i g h t & A s s o c i a t e s /A r c h i t e c t s

1,000 - 4,999Suzanne & Marvin Anderson Marvin Anderson ArchitectsKate & Chapin KrafftBeneficial State BankLarry Kreisman &Wayne DodgeMarjorie Bianco & Bob VernonLease Crutcher LewisPauline & Harry BuhlerFlora Ling & Paul SturmBuildingWork, LLCLydig ConstructionKay M. BullittMary P. McCumberRussell W. ConeyJeffrey S. MurdockShirley CourtoisNational TrustInsurance ServicesDeirdre DoyleClay EalsOffice of Arts and CultureCarolyn & Lindsey EchelbargerPacifica Law GroupJohn GoodfellowKathryn & Brad RennerKaren GordonJoel D. RohrsHarjo Construction ServicesSellen ConstructionJohn HaydukScott ShapiroHeritage BankSHKS ArchitectsMark A. HilliardSunny SpeidelHunters CapitalSwenson Say FagétLinda & Ernst JensenTonkin ArchitectureSusan & Bruce JonesMarcia D. WagonerRebecca & Kji KellyWatson & McDonell, PLLCKaren Koon & Brad Edwards

500 - 999Angela Faul Faul, LLCClaire & Paul GraceMichael LongyearRob AnglinJessica Greenway &Ken NelsonGretchen LuxenbergThe Arctic ClubJudith BarbourDavid BooneConnie Walker GrayPeggy & George CorleyBrianna CoughlinJoAnn Cowan &John TurnbullJoel Ruland & Mark HannumMatt InpanbutrJ.A.S. Design BuildJacqueline JacksonDiana JamesBob JenkinsGilbert P. JoyntMarilee & John MarshallColleen & Bill McAleerBrian McMenaminMigizi Group, Inc.Roy MurdockRonald MurphyJan O’ConnorPam DerryKim KempSandra Perkins &Jeffrey OchsnerJane DudleyEmily & Dan KozieBarbara & Irwin SarasonLiz DunnLinda Larson &Gerry JohnsonLisa & Rick SeverFuture Unlimited LawGay GilmoreM.A. LeonardSuzanne VadmanHarriet Wasserman 250 - 499Vernon AbelsenChristopher DanielsTalis AbolinsSuzanne & Marc devan der SchuerenMathew AlboresKaren M. Allman &Elizabeth WalesAnnette AlthoffPaula BeckerSheila BishopSusan Boyle & Scott FifeKathleen Brooker &Timothy McDonaldRobin Dearling &Gary AckermanEmily DexterMarilyn DillardSusan & Patrick DunnMarie D. EatonRon EndlichDr. Joanne EusterCynthia BrothersCorinne FlignerbuildSOUNDBarbara GauchChosen Wood WindowsGraham Baba ArchitectsMolly & Bob ClelandJames E. GrahamRoger CongdonFred GroteKristina DamschenStefan HampdenJulia & MichaelHerschensohnKenneth R. HillHelaine HonigNancy & Hoover HopkinsJustin IvyLani & Larry JohnsonNicole C. KleinAnne Knight & Jerome ArbesDean KraliosGavin LambieThomas LawrenceWilliam LeakJean & Roger LeedCaroline LemayFlo Lentz

W e ours u pporters 250- 499Lund Opsahl, LLCKatie PrattDarin K. McAdamsOwen RichardsJaymie & Pete MillsRichaven, PLLCMary E. MontgomeryConnie RodriguezChris MooreKathryn SchwartzkopfLee & Rob MurrayJudith SchweikhardtMarissa NatkinSeattle Stained GlassLiz NicholsSovanny & George SextonNostalgic Homes Keller WilliamsViki SherborneAnn OrmsbyOtto GreulePaula PalmerTamar PearsallJerry PetersonDana & Chad PhelanJim PittmanMary-Alice Pomputius &Walter SmithTracy PozilStephanie S.Toothman, Ph.D.Valerie TranDebra TwerskyVanWell MasonryVirginia VoorheesMichael VorisBetty WagnerStephen WalshCarolann SinclairSheila Walter &Bob McNultyAnna & Gary SmithCynthia WeaverSteve StromingNaomi WestMarie StrongJacqueline WilliamsCarol SundstromDonna WolterThe Meridian SchoolEugenia Woo & Alex BakerThe Woman's Century ClubHugh WrightGayle ThompsonGail D. YatesCarol Tobin &David AynardiBryan ZagersZGF Architects