Foundation Entertainment Company

Analysis

Foundation Entertainment Company is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation Entertainment Company reported income of $122k and spending of $407k, spending 334% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $122k (-94%), an average of -51% a year. The sharpest change came in the year to December 2021, when income rose by 2112%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation Entertainment Company sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include San Diego Architectural Foundation ($122k), Music Meets Medicine ($122k) and Bluegrass Heritage Museum Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% of the total. Compensation of current officers, directors and key employees was $325k (80% of expenses). At year end it held assets of $12.2m against liabilities of $0, net assets of $12.2m. It reported 1 employees.