The Foundry Art Centre

IRS exemption revoked

St Charles, MOUnknown exempt organization EIN 43-1948556Revenue $385K in FY2020

On file with the IRS520 North Main Center · St Charles, MO

Claim this org

(tell your story, add context, and more)

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

Regional interdiscipline Art center

86¢ of each $1 spent went to programs.
Run by 30 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$43K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Named funders
1
named funder · $21
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$385K
Spent
$456K
To programs
86%
Net assets
$0

From the FY2020 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2024

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2020.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $392K Management & general 7% · $31K Fundraising 7% · $33K

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

7 people listed on the 990; $43K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$43,307Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Ex-Offico
$0Pt VII · Sec A
Ex-Offico
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See The Foundry Art Centre executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Promotes and exhibits diverse regional art through interdisciplinary projects.

Questions for The Foundry Art Centre

Tap to ask. The Foundry Art Centre sees how many people are interested.

Your first name shows with your question. The Foundry Art Centre answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $392K · in their own filed words · FY2020
01

Presentation of visual and performing arts through curated exhibits, juried competions, multi-cultural exhibitions and concerts for adults and children multi-disciplined artists educate in glass studios by allowing the public to view, create, and interact with them. Rent is reduced because the artists are required to give seminars.

$392Kprogram 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 · FY2020
Total grants receivedfrom 1 funder$21

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$385K
Ln 12
Gifts and grantsLn 1h$222K
Fees for servicesLn 2g$163K
Money outPt IX
$456K
Ln 25
Programscol B$392K
Managementcol C$31K
Fundraisingcol D$33K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$222K
Government grantsLn 1e$174K
Fundraising eventsLn 1c$8K
Fees for servicesLn 2g$163K
Total revenueLn 12$385K
Assets in detailPt X, end of year
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 58
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Total assetsLn 16$406K$0
LiabilitiesLn 26$52K$0
Net assetsLn 32$354K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$43K$43K$0$0
Other salaries and wagesLn 7$146K$108K$19K$19K
Payroll taxesLn 10$15K$12K$2K$2K
Accounting feesLn 11c$11K$0$11K$0
Depreciation, depletion and amortizationLn 22$12K$12K$0$0
Other expenses (24a–d)Ln 24$29K$16K$0$13K
All other expensesLn 24e$200K$200K$0$0
Total functional expensesLn 25$456K$392K$31K$33K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest Viewing $385K$456K−$72K$0 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $384,522 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $139,127$221,579
I-9 Program service revenuePrior year $356,620$162,943
I-10 Investment incomePrior year $273$0
I-11 Other revenue$0
I-12 Total revenuePrior year $496,020$384,522
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $225,114$204,597
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $310,505$251,533
I-18 Total expensesPrior year $535,619$456,130
I-19 Revenue less expensesPrior year −$39,599−$71,608
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $384,522 across 5 lines filed
Lines not itemized here account for $162,943 of total revenue; see the IRS return.
VIII-1c Fundraising events$7,688
VIII-1e Government grants$174,150
VIII-1f All other contributions, gifts and grants$39,741
VIII-1h Total contributions, gifts and grants$221,579
VIII-12 Total revenueRelated to mission $162,943 · Unrelated business $0 · Excluded from tax $0$384,522
Part IX · Statement of functional expenses $456,130 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $43,307 · Management $0 · Fundraising $0$43,307
IX-7 Other salaries and wagesPrograms $108,203 · Management $18,939 · Fundraising $18,939$146,081
IX-10 Payroll taxesPrograms $12,167 · Management $1,521 · Fundraising $1,521$15,209
IX-11c Accounting feesPrograms $0 · Management $10,548 · Fundraising $0$10,548
IX-22 Depreciation, depletion and amortizationPrograms $11,889 · Management $0 · Fundraising $0$11,889
IX-24 Other expenses (24a–d)Programs $16,469 · Management $0 · Fundraising $12,640$29,109
IX-24e All other expensesPrograms $199,987 · Management $0 · Fundraising $0$199,987
IX-25 Total functional expensesPrograms $392,022 · Management $31,008 · Fundraising $33,100$456,130
Part X · Balance sheet $0 assets, 6 lines filed
X-15 Other assetsStart of year $6,885$0
X-16 Total assetsStart of year $406,454$0
X-25 Other liabilitiesStart of year $50,457$0
X-26 Total liabilitiesStart of year $52,147$0
X-32 Total net assets or fund balancesStart of year $354,307$0
X-33 Total liabilities and net assetsStart of year $406,454$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$384,522
XI-2 Total expenses$456,130
XI-3 Revenue less expenses−$71,608
XI-4 Net assets at start of year$354,307
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

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

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.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street 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, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.