Foundry Center for the Arts Inc
Nonprofit profile at a glance
- EIN
- 821197950
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990 2020, Form 990-EZ 2025
- Location
- Newburgh, IN, USA
- Phone
- 8128583082
- Rating confidence
- Limited
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $135,953
- Expenses
- $125,307
- Assets
- $111,848
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JENNIFER SCHNEIDER (PRESIDENT)
- ALLISON BROWN (CEO)
People named in this filing
- JENNIFER SCHNEIDER (PRESIDENT)
- LARA GOLDEY (SECRETARY)
- TRACEY STURGILL (MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bring out the creator in all of us through the arts
What it reported doing in 2025
Provide 32 weeks of after school arts classes for youth and 24 weeks of homeschool and virtual learning classes. Provides summer programs
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 7.8%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 53.1%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -44.1% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -6.6% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 9.9% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 4/100.