Curationist Foundation INC EIN 27-4529328 Form 990 (PDF) Claim this org

Curationist Foundation INC FY2021 filing

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Connects people with global culture and perspectives through open knowledge. For fiscal year 2021 it reported $30K in revenue, $1.2M in expenses, and $8.2M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Richmond, VA
Website
www.mhzfoundation.org
Filings
5 on file (2020–2021)
Revenue
$30KFY2021
Expenses
$1.2M
Net assets
$8.2M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-4529328 Public charity (501(c)(3)) Richmond, VA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Connects people with global culture and perspectives through open knowledge.
Leadership
Virginia Poundstone · Dir of Product & Content, Curationist · $135K
Money in and out
$30K revenue, $1.2M expenses
Bottom line
67% program efficiency
Where the money goes · FY2021
Total revenue
$30K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$8.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.2M
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.14 Fundraising $0.19
Program efficiency
67%
of spending reaches programs
Operating runway
47.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3790%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$30K
FY2021▼ -97%
Expenses
$1.2M
FY2021▲ +18%
Total assets
$8.4M
FY2021▲ +50%
Total liabilities
$164K
FY2021▲ +4%
Total revenue
$30K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$8.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.2M
Total assetsPt X · Ln 16$8.4M
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $792K of program spending, described in the organization's own filed words · FY2020.
01

We successfully launched our beta curationist platform in the spring of 2019 at the creative commons summit in lisbon, portugal, and our efforts over the past year have been dedicated to community-building and bringing our platform to a fully functioning 2.0 VERSION.WE have spent the last two years learning how to build a platform where…

$792Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCurationist Foundation INC
EINHdr · item D27-4529328
Principal addressHdr · item CRichmond, VA
WebsiteHdr · item Jwww.mhzfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A32)
Ruling yearIRS BMFDec 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Dir of Product & Content, Curationist
$135,000Pt VII · Sec A
Executive Director
$47,775Pt VII · Sec A
Board Member
$2,000Pt VII · Sec A
Board Member
$2,000Pt VII · Sec A
$2,000Pt VII · Sec A
$2,000Pt VII · Sec A
Board Member
$2,000Pt VII · Sec A
Vice Chair
$2,000Pt VII · Sec A

Amy Sawyer’s $118K as Chief of Staff is at the 94th percentile of top reported officer pay among 2212 $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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Christian Dawson$81,600$147,900$59,250$47,775
Virginia Poundstone$135,000$135,000$135,777
Amy Sawyer$117,918$124,388
Amanda Figueroa$107,565
Benjamin Rees$6,140$2,500$2,000$2,000$2,000
Dr Manu Samriti Chander$2,000$1,500
Ben Hall$500$1,000$2,000$2,000$2,000
Casey Rea$2,000$1,500$2,000$2,000$2,000

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.

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Statement of Revenue

Part VIII
Contributions & grants$30K · 98%
Investment income$579 · 2%
Contributions & grants98%$30K
Investment income2%$579
Total revenueLn 12$30K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.14 Fundraising $0.19
Program services67%$792K
Management & general14%$165K
Fundraising19%$228K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$1.8M
Total assetsLn 16$8.4M
Total liabilitiesLn 26$164K
Total net assetsLn 32$8.2M
Months of cash on handcomputed17.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.7M · Operating expenses/yr $1.2M
47.1 months
Where the money goes
Program services
Program services $792K · Total expenses $1.2M
67%
Management & General
Management & general $165K · Total expenses $1.2M
14%
Fundraising
Fundraising $228K · Total expenses $1.2M
19%
Cost to raise $1
Fundraising expense (2-yr avg) $114K · Solicited contributions (2-yr avg) $23K
$5.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $30K · Total revenue $30K
98%
Government reliance
Government grants — · Total revenue $30K
Earned-income share
Program service revenue $0 · Total revenue $30K
0%
Investment reliance
Investment income $579 · Total revenue $30K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.2M
0%
Growth & trend
Revenue growth (YoY)
This year $30K · Prior year $1.0M
-97%
Net-asset trend (YoY)
End of year $8.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $30K · Expenses $1.2M
-3790%
Liabilities-to-Assets
Total liabilities — · Total assets $8.4M
Net-asset ratio
Net assets $8.2M · Total assets $8.4M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $8.4M
35%
People & payroll
Highest Reported Total Compensation
Individual Virginia Poundstone · Reported title DIR OF PRODUCT & CONTENT, CURATIONIST · Highest reported compensation $135K · Total expenses $1.2M
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $229K · Total expenses $1.2M
19%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 14%
Fundraising cost ratio 764%
Revenue growth -97%
Legal fee ratio 3%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$45K
Grants paid · 1 grant · $24K · 2020–2020
Silverthorn FilmsFY2020$24,150

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.6M revenue · ⤓ 990 PDF
FY2023$411K revenue · ⤓ 990 PDF
FY2022$30K revenue · ⤓ 990 PDF
FY2021$30K revenue · viewing · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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