California · Nonprofit
Compound LB
Compound LB (California) receives grants from 10 organizations whose IRS filings report $1,483,900 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,100,000). 3 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $564k
- Funders on record
- 10
- Grants received
- $1.5M
- Net assets
- $374k
What Compound LB does
Mission
Compound is a cultural and creative complex fostering the intersection of contemporary art, wellness, and community impact. We offer community workshops, contemporary art exhibitions, education classes, immersive wellness experiences, and community forums. Compound creates space and programs that embrace diversity, equity, inclusion, and belonging.
As stated on its FY2024 Form 990.
Programs
Health and wellness programs create new opportunities for community members to increase wellness practices and improve mental health. Compound provides yoga for children and adults, meditation and healing art classes for families and individuals, sound baths, a speaker series, workshops and retreats, cooking classes, and hands-on gardening and food courses. Many programs are available for no or low cost.
$16,956 spent$13,651 earned by the program7% of program spendingArt and culture programs create exploration and reflection through many types of art experiences. Compound programs provide local artist showcases, ongoing contemporary art exhibits, drawing classes for children and families, cultural workshops, poetry writing workshops, film screenings, and music based on artistic merit and socially relevant subject matter, youth-led journalism, and media training. Many programs are available for no or low cost. Compound is w.a.g.e. (working artists and the greater economy) certified. W.a.g.e. Is an organization that advocates for artists receiving fair compensation for the exhibition of their work. W.a.g.e. Publicly recognizes those nonprofit arts organizations demonstrating a commitment to voluntarily paying artists fees that meet w.a.g.e. Payment standards.
$221,710 spent$1,670 earned by the program93% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $238,666.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $64k to $381k (+498%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 7% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.
97% of Compound LB’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Megan Tagliaferri
Board chair & CEO
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2021 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $6k → $255k.
3 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 86% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Compound LB’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Compound LB leans on a few funders — its largest provides 74% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
86% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Compound LB.
Largest funder’s share by year: 2021 100% · 2022 100% · 2023 98% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
86% of Compound LB's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $210k that is directly attributable, 84% of it comes from funders outside California, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Compound LB runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Organizations like Compound LB
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
53% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Compound LB LLC · corp_trust
- Compound F&B LLC · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for Compound LB: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Compound LB?
- Compound LB (California) receives grants from 10 organizations whose IRS filings report $1,483,900 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,100,000). 3 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Compound LB have?
- IRS filings report 10 organizations giving $1,483,900 in grants to Compound LB, 3 of which have funded it in more than one year.
- Who is the largest funder of Compound LB?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,100,000 in grants. The full list of funders is on this page.
- How can an organization like Compound LB find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing