Foundry Gallery Ltd
Nonprofit profile at a glance
- EIN
- 522236606
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990-EZ 2025
- Location
- Washington, DC, USA
- Phone
- 2027591946
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Visual Arts Organizations
Reported finances
- Revenue
- $76,273
- Expenses
- $79,802
- Assets
- $204,675
- Liabilities
- $309
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Matthew Malone (President)
- Tasha Overpeck (Vice President)
People named in this filing
- Matthew Malone (President)
- Tasha Overpeck (Vice President)
- John Koebert (Treasurer)
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
Educate and promote appreciation of fine arts.
What it reported doing in 2025
Artist talks, including presentation by guest artists moderated by curator.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 65% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.7%; rating input score 32
- Program expense ratio: 23.8%; rating input score 24
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4.6%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 2.56; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 13%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 16.4% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 31.7% of revenue deployed · 23.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $19K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.