Georgia · Nonprofit
FABArts Inc
FABArts Inc (Georgia) receives grants from 4 organizations whose IRS filings report $108,250 to it, the largest being BELOCO FOUNDATION INC ($50,000). 2 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $465k
- Funders on record
- 4
- Grants received
- $108k
- Net assets
- $334k
What FABArts Inc does
Mission
A) To encourage corporation and free intercourse among artists, art teachers, art students, and others engaged in artistic activities; and to promote the study and improvement of the arts.B) To promote means and opportunities for the education of the public with respect to the study and culture of drama, music and arts, and the enjoyment and wholesome use of drama, music and art; to solicit, collect, and otherwise raise money for those purposes, and to expend, contribute, discurse, otherwise handle and dispose of that money for the above purposes; to promote drama, music and art activities to assist schools, colleges and universities in promoting and developing outstanding drama, music and art programs, and to assist drama, music and art organizations in supporting drama, music and art.C) To cultivate, promote, foster, sponsor, and develop among its members and the general public the appreciation, understanding, taste, and love of the arts; to promote the advancement of such purposes,
As stated on its FY2024 Form 990.
Program
A) To encourage corporation and free intercourse among artists, art teachers, art students, and others engaged in artistic activities; and to promote the study and improvement of the arts.B) To promote means and opportunities for the education of the public with respect to the study and culture of drama, music and arts, and the enjoyment and wholesome use of drama, music and art; to solicit, collect, and otherwise raise money for those purposes, and to expend, contribute, discurse, otherwise handle and dispose of that money for the above purposes; to promote drama, music and art activities to assist schools, colleges and universities in promoting and developing outstanding drama, music and art programs, and to assist drama, music and art organizations in supporting drama, music and art.C) To cultivate, promote, foster, sponsor, and develop among its members and the general public the appreciation, understanding, taste, and love of the arts; to promote the advancement of such purposes, and to secure the interest of patrons of the arts.
The first program described on its most recent Form 990, which lists programs largest first by expense.
Who funds it, year by year
2022 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $11k → $29k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% 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 FABArts 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
FABArts Inc leans on a few funders — its largest provides 46% of grant income and the top three 97%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
51% 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 FABArts Inc.
Largest funder’s share by year: 2022 100% · 2023 54% — diversifying over time.
“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
51% of FABArts Inc'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 $53k that is directly attributable, 100% of it comes from Georgia funders.
Funder states come from each funder’s own filing. $55k arriving through sponsors registered in 2 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
FABArts Inc 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 FABArts Inc
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 Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
49% of spending goes to programs.
Governance
Public support
0%
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 FABArts 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.
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 FABArts Inc?
- FABArts Inc (Georgia) receives grants from 4 organizations whose IRS filings report $108,250 to it, the largest being BELOCO FOUNDATION INC ($50,000). 2 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does FABArts Inc have?
- IRS filings report 4 organizations giving $108,250 in grants to FABArts Inc, 2 of which have funded it in more than one year.
- Who is the largest funder of FABArts Inc?
- BELOCO FOUNDATION INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like FABArts Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds FABArts →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2024–2024), and the filings of 4 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