Flying Cloud Charitable Foundation EIN 88-6655107

Flying Cloud Charitable Foundation FY2023 filing

EIN  88-6655107 Private foundation / grantmaker Saint Louis, MO
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
A private foundation based in Saint Louis, MO. It reported about $90K in revenue for 2023.
Money in and out
$90K revenue, $119K expenses
Bottom line

A private foundation based in Saint Louis, MO. It reported about $90K in revenue for 2023. For fiscal year 2023 it reported $90K in revenue, $119K in expenses, and $1.1M in net assets.Pt I

Grants paid & assets · FY2023
Total revenue
$90K
Pt VIII · Ln 12
Total expenses
$119K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$29K
Total assets
1.1M
deployed as grants and operations
Grants paid
114K
in FY2023
Grants made
21grants
total in period
Payout rate
10%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 21 grants · $102K · 2024–2024
Opera Theatre of St LouisFY2024$33,084
Rebuilding TogetherFY2024$10,000
Opera America INCNY · FY2024$10,000
Mission Realty AdvisorsMO · FY2024$7,500
St Louis Community FoundationFY2024$5,000
Loyola AcademyIL · FY2024$5,000
Forest Park Forever INCMO · FY2024$5,000
Arch Grant Gala NexusFY2024$5,000
St Louis SymphonyFY2024$4,400
Monarch Immigration ServicesFY2024$4,000
Fox Performing Arts Charitable FdnFY2024$3,000
Home Sweet HomeFY2024$2,500
Welcome Neighbor Stl INCMO · FY2024$1,000
Reperatory TheatreFY2024$1,000
Ready ReadersMO · FY2024$1,000
Pianos for PeopleMO · FY2024$1,000
The Planetary SocietyCA · FY2024$1,000
New Line Theatre INCMO · FY2024$1,000
See all 21 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV10
Average grantPart XV$5K
Median grantPart XV$3K
Largest grantPart XV$33K
Top cause focusNTEEArts & Culture (19%)

Summary of the Filing

Part I · fiscal year 2023 · Form 990-PF
Revenue
$90K
FY2023▼ -92%
Expenses
$119K
FY2023▲ +673%
Total assets
$1.1M
FY2023▼ -0.6%
Total liabilities
$30K
FY2023▲ +280%
Total revenue
$90K
Pt VIII · Ln 12
Total expenses
$119K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Total assetsPt II$1.1M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFlying Cloud Charitable Foundation
EINHdr · item D88-6655107
Principal addressHdr · item CSaint Louis, MO
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFJun 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Flying Cloud Charitable Foundation executive salaries →

Statement of Revenue

Part VIII
Investment income$62K · 69%
Other revenue$28K · 31%
Investment income69%$62K
Other revenue31%$28K
Total revenueLn 12$90K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.96 Operating & administrative $0.04
Grants & contributions paid96%$114K
Operating & administrative4%$5K
Total functional expensesLn 25$119K

Balance Sheet

Part X · end of year
CashLn 1$585K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$30K
Total net assetsLn 32$1.1M
Months of cash on handcomputed58.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $1.1M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $90K
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $90K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $90K · Prior year $1.2M
-92%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $90K · Expenses $119K
-33%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
97%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $119K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth -92%

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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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)$115K revenue · ⤓ 990 PDF
FY2023$90K revenue · viewing · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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