Grace Institute FY2022 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

Grace Institute offers art camps to children ages 4-12 in spring, summer and winter.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0529892) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
$57K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $19K a year · 3% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
60%
of spending
60% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$57K
to officers and key staff · 9% of spending
Pay to officers and key staff is 9% of spending.
Part VII, Section A
2.5 mo
of spending, in cash
2.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $21K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$259
0.2% of total assets
Liabilities are 0.2% of assets.
Pt X · Ln 26
Independent board members
9
of 10 voting members
9 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$700K
+9% vs prior year
Spent
$669K
To programs
60%
Net assets
$152K
By yearFY2020–FY2025
Revenue
$700K
FY2022▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$77K
FY2021$640K
FY2022$700K
FY2023$660K
FY2024$614K
FY2025$689K
Expenses
$669K
FY2022▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$174K
FY2021$608K
FY2022$669K
FY2023$660K
FY2024$548K
FY2025$605K
Net assets
$152K
FY2022▲ +49%
Tap a bar for its year
Net assets by fiscal year
FY2020$62K
FY2021$102K
FY2022$152K
FY2023$106K
FY2024$171K
FY2025$255K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $401K Management & general 40% · $268K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990; $57K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$57,116Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Ashley Klump’s $60K as Executive Dir. is at the 54th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2022
Ashley Klump$59,903——
Sharon Loomis-Malin——$57,116
Amy Gray$25,547$37,789—
Kelly Wong—$36,079—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Grace Institute executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides art camps for children ages 4-12 during spring, summer, and winter.

Questions for Grace Institute

Tap to ask. Grace Institute sees how many people are interested.

Your first name shows with your question. Grace Institute answers here, for everyone.

3 programs · $386K · in their own filed words · FY2022
01

Art Camp

10 week summer arts camp hosting 1000+ children per year

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0529892) · Dispute this line
$356Kprogram expense
02

Peace Camp

1 week camp promoting peace through arts activities

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0529892) · Dispute this line
$15Kprogram expense
03

3-day camp - mini arts camp

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0529892) · Dispute this line
$15Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$21K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$700K
Ln 12
Fees for servicesLn 2g$475K
Gifts and grantsLn 1h$224K
Investment incomeLn 3$550
Money outPt IX
$669K
Ln 25
Programscol B$401K
Managementcol C$268K
Owns and owesPt X
$152K
net assets · Ln 32
Cash and savingsLn 1–2$140K
Total assetsLn 16$152K
LiabilitiesLn 26$259
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$224K
Fees for servicesLn 2g$475K
Investment incomeLn 3$550
Total revenueLn 12$700K
Assets in detailPt X, end of year
CashLn 1$140K
Cash and savings togetherLn 1–2$140K
Accounts receivableLn 4$229
Land, buildings, equipmentLn 10c$12K
InvestmentsLn 11–13$215
Total assetsLn 16$152K
LiabilitiesLn 26$259
Net assetsLn 32$152K
OperationsPt I, VI
EmployeesI 5112
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$113K$140K
InvestmentsLn 11–13$3K$215
Land, buildings, equipmentLn 10c$6K$12K
Total assetsLn 16$122K$152K
LiabilitiesLn 26$20K$259
Net assetsLn 32$102K$152K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$470K$285K$185K
Other employee benefitsLn 9$26K$26K
Payroll taxesLn 10$43K$24K$19K
Accounting feesLn 11c$575$575
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$2K$2K
OccupancyLn 16$38K$13K$25K
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$79K$78K$679
Total functional expensesLn 25$669K$401K$268K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 23, 2026 $689K$605K$84K$255K 990 PDF
FY2024Filed with the IRS May 14, 2025 $614K$548K$65K$171K 990 PDF
FY2023Filed with the IRS Apr 5, 2024 $660K$660K$9$106K 990 PDF
FY2022 ViewingFiled with the IRS Apr 22, 2023 $700K$669K$31K$152K 990 PDF
FY2021Filed with the IRS May 5, 2022 $640K$608K$31K$102K 990 PDF
FY2020Filed with the IRS Apr 20, 2021 $77K$174K−$97K$62K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $700,102 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $143,950$224,211
I-9 Program service revenuePrior year $438,148$475,341
I-10 Investment incomePrior year $501$550
I-11 Other revenuePrior year $57,105$0
I-12 Total revenuePrior year $639,704$700,102
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $505,325$538,826
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $103,160$130,461
I-18 Total expensesPrior year $608,485$669,287
I-19 Revenue less expensesPrior year $31,219$30,815
Part VI · Governance 9 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $700,102 across 6 lines filed
VIII-1f All other contributions, gifts and grants$215,551
VIII-1h Total contributions, gifts and grants$224,211
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $475,341$475,341
VIII-3 Investment incomeRelated to mission $550$550
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $475,891$700,102
Part IX · Statement of functional expenses $669,287 across 11 lines filed
IX-7 Other salaries and wagesPrograms $285,415 · Management $184,531$469,946
IX-9 Other employee benefitsManagement $26,292$26,292
IX-10 Payroll taxesPrograms $23,604 · Management $18,984$42,588
IX-11c Accounting feesManagement $575$575
IX-12 Advertising and promotionManagement $5,546$5,546
IX-13 Office expensesManagement $2,049$2,049
IX-16 OccupancyPrograms $12,900 · Management $24,896$37,796
IX-19 Conferences, conventions and meetingsManagement $1,503$1,503
IX-22 Depreciation, depletion and amortizationPrograms $1,354$1,354
IX-23 InsuranceManagement $2,857$2,857
IX-24 Other expenses (24a–d)Programs $78,102 · Management $679$78,781
IX-25 Total functional expensesPrograms $401,375 · Management $267,912 · Fundraising $0$669,287
Part X · Balance sheet $152,018 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $112,634$140,043
X-4 Accounts receivableStart of year $40$229
X-10c Land, buildings and equipment, netStart of year $5,941$11,531
X-12 Other securitiesStart of year $3,422$215
X-16 Total assetsStart of year $122,037$152,018
X-17 Accounts payable and accrued expenses$259
X-26 Total liabilitiesStart of year $20,143$259
X-27 Net assets without donor restrictionsStart of year $65,849$109,711
X-28 Net assets with donor restrictionsStart of year $36,045$42,048
X-32 Total net assets or fund balancesStart of year $101,894$151,759
X-33 Total liabilities and net assetsStart of year $122,037$152,018
Part XI · Reconciliation of net assets $151,759 net assets at year end
XI-1 Total revenue$700,102
XI-2 Total expenses$669,287
XI-3 Revenue less expenses$30,815
XI-4 Net assets at start of year$101,894
XI-9 Other changes in net assets$19,050
XI-10 Net assets at end of year$151,759

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.