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Cremona Foundation INC

Tax-deductible

Mechanicsvlle, MD501(c)(3)EIN 23-7136759

On file with the IRS41000 Cremona Rd, 20659-4802 · Mechanicsvlle, MDTax-exempt since Nov 1971Private non-operating foundation

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The fundamental aim of the organization is "to broaden and deepen the understanding of problems in the relationship of man to man, man to society, and man to his natural environment." to this end, the activities of the Foundation include engaging in and sponsoring objective scholarship and research and the publication of proceedings of educational and scholarly symposia and conferences. The organization strives to conserve, preserve, protect, and maintain the Cremona property. This includes its historic buildings, natural woodlands, pastures and fields, wetlands, and rural, scenic, and agricultural characteristics.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $21K a year · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
33 mo
of spending, in cash
Looks good: 33.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$160K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
Spent
$36K
Net assets
$958K
By yearFY2020–FY2024
Revenue
$0
FY2024
Tap a bar for its year
Revenue by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
Expenses
$36K
FY2024▲ +77%
Tap a bar for its year
Expenses by fiscal year
FY2020$20K
FY2021$5K
FY2022$21K
FY2023$20K
FY2024$36K
Net assets
$958K
FY2024▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$1.0M
FY2022$1.0M
FY2023$995K
FY2024$958K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1971.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 88% · $32K Operating & administrative 12% · $4K

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

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Who runs it and what they're paid

6 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2024 filing did not itemize Part VII
Nancy Ruyle Dodge
President/Treasurer
$0Pt VII · Sec A
Dr Donald Stabile
VP & Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cremona Foundation INC executive salaries →

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Programs and updates

Sponsors research and publishes findings on human relationships and environmental issues, while preserving a historic property.

Questions for Cremona Foundation INC

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Provided by the organization

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1 program · $14K · in their own filed words · FY2022
01

The foundation is working toward increased activities to meet the mission as described in line 1.

$14Kprogram expense

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 2 grants · $32K · 2024–2024
St Mary's College of Maryland FoundationFY2024$20,736
University of Maryland College Park Foundation INCMD · FY2024$11,117

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$16K
Median grantPart XV$21K
Largest grantPart XV$21K
Top cause focusNTEEEducation (50%)

By the numbers

The FY2024 990-PF, line by line.

Download 990
from philanthropy.org
1The main four
Money in
$0
Money out
$36K
Grants paid$32K
Running costs$4K
Owns and owes
$958K
net assets
Cash and savings$100K
Total assets$1.1M
Liabilities$160K
People
6
listed
Paid0
2In more detail
Revenue in detail
Total revenue$0
Assets in detailEnd of year
Cash and savings together$100K
Total assets$1.1M
Liabilities$160K
Net assets$958K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $0$36K−$36K$958K 990 PDF
FY2023 $0$20K−$20K$995K 990 PDF
FY2022 $0$21K−$21K$1.0M 990 PDF
FY2021 $0$5K−$5K$1.0M 990 PDF
FY2020 $0$20K−$20K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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