Forward Arts Foundation INC FY2024 filing
Supports visual arts through exhibition grants, art acquisitions, and artist scholarships. For fiscal year 2024 it reported $3.1M in revenue, $2.5M in expenses, and $7.1M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- Atlanta, GA
- Website
- www.forwardartsatlanta.org
- Filings
- 6 on file (2020–2024)
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Summary of the Filing
Where the work happens
Besides receiving member dues the foundation operates an art gallery to show and sell artwork as part of the foundation's primary purpose to support and further the arts in atlanta.
Operation of the swan coach house restaurant run by the foundation. The restaurant is also open to the public and available for use for special events and banquets for individuals and groups.
Operation of a gift shop run by the foundation for the retail sale of gifts.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 91% | — | — |
| Overhead ratio | 8% | — | — |
| Fundraising cost ratio | 3% | — | — |
| Revenue growth | 18% | — | — |
| Legal fee ratio | <0.01% | — | — |
| Accounting fee ratio | 0.9% | — | — |
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.
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