1448 Projects
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The 14/48 Projects uses unconventional structures to create events that strengthen the artistic community and transcend audience expectations.
- Income
- $145,928
- Spending
- $163,590
- Spent on programs
- 88%
- Reserves
- 0 months of spending
- Largest source of income
- donations and private grants, 36%
- Employees
- 9
- Volunteers
- 210
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 40 out of 100. Higher than 12% of charities in its peer group (arts and culture, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Debt
2 of 20It owes 100% of what it owns.
Living within its means
4 of 15Spending exceeded income by 12% of income.
Income trend
15 of 15Income rose 34% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 92% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 2510 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $117,862 spent. 14/48: The World's Quickest Theater Festival brings together 75 theater artists to write, direct, rehearse, build, score and perform 14 original 10-minute plays in 48 hours. The signature festival in Seattle is typically two weekends of plays with two completely different sets of artists. During a festival day the artists arrive early in the morning and stay until late at night. Artists eat, drink, work and socialize together creating one of the most positive and energetic collaborative environments in the city. Artists make critical connections and audiences enjoy the wild ride of these dynamic new works of art. In 2025 The 14/48 Projects continues as a resident theater at the Center Theater at the Seattle Center.
- $11,706 spent. 14/48: Partners is an apprentice program where artists interested in independent producing work with the staff of The 14/48 Projects to produce a cultural project. This year we worked with playwright David Gordon to produce his play show called Within A Play.
- $8,936 spent. 14/48: HS is an education program that supports an independent group of high school students to produce a student version of the popular signature 14/48 festival. All participants are high school students from around the region. The group has a producing board that works annually to create high school festival weekends each year in both Spring and Fall.
- $4,932 spent. 14/48: Themed Events include a variety of events involving 14/48 artists and artistic material. In 2024/25 the company created two events. The first event was called 14/48: Blackheart and presented 14/48 plays on the theme of love paired with wine tastings on Valentine's Day. The second event was called Performance + Party and featured 14/48 artists singing, dancing and performing comedy and poetry.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on February 15, 2023 for not filing returns for three years, and reinstated on February 15, 2023.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.