Foothills Forum

Analysis

Foothills Forum is a registered charity in United States, based in Washington, VA. It received its IRS tax-exemption ruling in December 2015, 11 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 December 2023, Foothills Forum reported income of $306k and spending of $225k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $204k to $306k (+50%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foothills Forum sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Explorit Science Center ($306k), KC BS and Beer Society ($306k) and The Suzuki Music Asso of Calif ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $56k (25% of expenses). Other salaries and wages came to $13k. At year end it held assets of $385k against liabilities of $2,808, net assets of $382k. It reported 3 employees.