Curationist Foundation Inc

Analysis

Curationist Foundation Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Curationist Foundation Inc reported income of $411k and spending of $1.5m, spending 368% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.0m to $411k (-59%), an average of -20% a year. The sharpest change came in the year to September 2023, when income rose by 1268%. Over the whole period it spent 260% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Curationist Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include LA a Schools Inc ($411k), Aiken Symphony Orchestra ($412k) and Participatory Politics Foundation ($411k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $133k (8.8% of expenses). It paid $107k in professional fundraising fees. At year end it held assets of $5.9m against liabilities of $281k, net assets of $5.6m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.