Fairy Ring Marasmius
Cap
Light brown. Hygrophanous (color changes with moisture). Mildly striate on margin. Notice the fine lines along the edge

Gills:
Light colored, widely spaced, not decurrent
Stem:
Tough. Top often yellowish-white. Base darker from yellow to orange. Base may be slightly furry or tomentose.

Spores
White
Habitat
Common in PNW grass. Often found growing in arcs or rings in lawns.
Similar
Clitocybe rivulosa
Also has white spores. Differences include:
Gills: Crowded, adnate to decurrent
Cap: not umbonate
photo: Alan Rockefeller CC-BY