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Funding

Massachusetts · Nonprofit

Craft Institute Inc

Craft Institute Inc (Massachusetts) receives grants from 2 organizations whose IRS filings report $40,000 to it, the largest being JKW FOUNDATION TR UA 092597 ($20,000). 0 of them have funded it in more than one year.

$53k
Revenue FY2025
2
Funders on record
$40k
Grants received
$10k
Net assets
0/2 repeat funderspeak grant-dependency 12%

Against its field

Craft Institute Inc's revenue fell 41% between 2021 and 2025.

Operating margin−372% · bottom quartile
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)−12% · below the median

this organization peer median middle 50% of peers· 9,650 arts & culture nonprofits under $100k, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.

100 = 20212021 Revenue 100 ($90k) Expenses 100 ($56k) Net assets 100 ($41k)2022 Revenue 183 ($164k) Expenses 99 ($56k) Net assets 364 ($150k)2023 Revenue 180 ($162k) Expenses 151 ($85k) Net assets 551 ($227k)2024 Revenue 85 ($76k) Expenses 173 ($97k) Net assets 500 ($206k)2025 Revenue 59 ($53k) Expenses 445 ($249k) Net assets 23 ($10k)
20212022202320242025
Revenue (59)Expenses (445)Net assets (23)Peer revenue range

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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of Craft Institute Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (78% for the typical peer).

This organization
Typical peer · 18,745 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$34k
21
$109k
22
$77k
23
$21k
24
$196k
25
0.5
months of
reserve
02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
total
funders
1
1

From the IRS filings of Craft Institute Inc’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

Craft Institute Inc leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

50%
largest funder
100%
top three
~2
effective funders

“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

Craft Institute Inc draws 100% of its grant income from funders outside Massachusetts, across 2 states in all.

MN
NY

Funder states come from each funder’s own filing. 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 2 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding Craft Institute Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $31k on record — $20k federal, $11k state.

Federal$20k
grants $20kcontracts $0
Top agencies
  • National Endowment for the Arts$20k
State$11k
24
25
Top programs
  • (PP) STATE AID/POL SUB$11k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Craft Institute Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

55% of spending goes to programs.

Program 55%Management 45%Fundraising 0%

Governance

1
board members
0%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Craft Institute Inc: 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Craft Institute Inc?
Craft Institute Inc (Massachusetts) receives grants from 2 organizations whose IRS filings report $40,000 to it, the largest being JKW FOUNDATION TR UA 092597 ($20,000). 0 of them have funded it in more than one year.
How many funders does Craft Institute Inc have?
IRS filings report 2 organizations giving $40,000 in grants to Craft Institute Inc.
Who is the largest funder of Craft Institute Inc?
JKW FOUNDATION TR UA 092597 is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
How can an organization like Craft Institute Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 FY2025 (financials across 2021–2025), and the filings of 2funders 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 August 27, 2026. What this page cannot tell you · view filing