Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
74 cents of each dollar spent went to programs.
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
10 people listed on the 990; $116K paid to officers and key staff (Part VII, Section A).
Kimberly Hundertmark’s $61K as Executive Di is at the 56th percentile of top reported officer pay among 2216 $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 · 2 named individuals · Part VII
| Name | FY2025 | FY2024 |
|---|---|---|
| Kimberly Hundertmark | $61,400 | $7,450 |
| Signe Ballew | $54,183 | $6,525 |
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.
See Rada Foundation INC executive salaries →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 15aNo
Programs and updates
Supports River Arts District artists with scholarships, shared spaces, and professional development.
Questions for Rada Foundation INC
Your first name shows with your question. Rada Foundation INC answers here, for everyone.
Retention Grant
The retention grants were up to 3,000 per artist, to support artists as they moved back into the river arts district or to retain and support them as the district rebuilt and visitors returned to shop.
Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 93-3386726) · Dispute this lineRad Outpost/Welcome Center
Gallaries, shops and studio spaces showcasing river arts district artists. Program sold the work of over 300+ river arts district artists,returning 80% of the sales to the artists.
Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 93-3386726) · Dispute this lineScholarships
Distributed scholarships that included grants for retaining artists in the community for advertising and events.
Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 93-3386726) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $777K | $690K |
| Total assetsLn 16 | $777K | $692K |
| LiabilitiesLn 26 | $0 | $3K |
| Net assetsLn 32 | $777K | $688K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $14K | $14K | ||
| Grants to domestic individualsLn 2 | $261K | $261K | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $116K | $116K | ||
| Management feesLn 11a | $12K | $10K | $2K | |
| Legal feesLn 11b | $1K | $1K | ||
| Accounting feesLn 11c | $750 | $750 | ||
| Advertising and promotionLn 12 | $39K | $2K | $35K | $2K |
| Office expensesLn 13 | $13K | $11K | $2K | |
| OccupancyLn 16 | $94K | $94K | ||
| Conferences, conventions and meetingsLn 19 | $3K | $3K | ||
| Depreciation, depletion and amortizationLn 22 | $45K | $45K | ||
| Other expenses (24a–d)Ln 24 | $188K | $157K | $22K | $9K |
| All other expensesLn 24e | $27K | $7K | $6K | $15K |
| Total functional expensesLn 25 | $813K | $600K | $187K | $26K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS May 14, 2026 | $724K | $813K | −$89K | $688K | 990 PDF |
| FY2024Filed with the IRS Nov 14, 2025 | $972K | $195K | $777K | $777K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $723,940 revenue, 12 lines filed
Part VI · Governance 7 of 8 board members independent, 4 to look at
Part VIII · Statement of revenue $723,940 across 5 lines filed
Part IX · Statement of functional expenses $812,585 across 13 lines filed
Part X · Balance sheet $691,526 assets, 10 lines filed
Part XI · Reconciliation of net assets $688,271 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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