Skip to content

Florida · Nonprofit

FAFO INC

FAFO INC (Florida) receives grants from 2 organizations whose IRS filings report $21,000 to it, the largest being FELBURN FOUNDATION ($15,000). 1 of them have funded it in more than one year.

Revenue FY2024
$223k
Funders on record
2
Grants received
$21k
Net assets
$713k
1/2 repeat funderspeak grant-dependency 7%
01What it does

What Fafo Inc does

Mission

Fafo's mission is to promote the fine arts and enhance art educatioon within our community.

As stated on its FY2024 Form 990.

Programs

  1. Ocala arts festival - fafo brings artist from all over the usa to participate in a downtown arts festival. 155-200 fine artist exhibit their works of art for a two-day weekend each october. The event draws approximately 20,000 or more visitors. A studnet art exhibit is included that showcases the work of all marion county public and private schools. Fafo employes local musicans, artist, rental companies and performers to assist.

    $118,007 spent$101,532 earned by the program
    62% of program spending
  2. Symphony under the stars - fafo employs the local ocala symphony orchestra to perform an outdoor mother's day concert for apoximately 4,000 people each year.

    $72,803 spent$66,176 earned by the program
    38% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $190,810.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($235k) Expenses 100 ($186k) Net assets 100 ($742k)2018 Revenue 92 ($215k) Expenses 153 ($284k) Net assets 87 ($645k)2019 Revenue 134 ($314k) Expenses 114 ($212k) Net assets 101 ($746k)2020 Revenue 9 ($20k) Expenses 47 ($87k) Net assets 90 ($668k)2021 Revenue 94 ($220k) Expenses 104 ($194k) Net assets 93 ($694k)2022 Revenue 64 ($150k) Expenses 99 ($185k) Net assets 88 ($653k)2023 Revenue 108 ($253k) Expenses 99 ($184k) Net assets 97 ($722k)2024 Revenue 95 ($223k) Expenses 125 ($232k) Net assets 96 ($713k)
'17'18'19'20'21'22'23'24
Revenue (95)Expenses (125)Net assets (96)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $645k to $746k (+16%).

$743k
$645k
$746k
$668k
$694k
$655k
$724k
$714k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 3% · 2023 6% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$49k
’17
−$69k
’18
$101k
’19
−$67k
’20
$26k
’21
−$35k
’22
$69k
’23
−$9k
’24
1.4
months of
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.

'17'18'19'20'21'22'23'24
Listed2521252323232320
Joined·+2+9+1+0+11+0+8
No longer listed·653011011
03Who funds it

Who funds it, year by year

2018 → 2022: the base held at 1 funder, grant income fell $15k → $3k.

Funder
'18
'21
'22
total
funders
1
1
1

From the IRS filings of FAFO 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

FAFO INC leans on a few funders — its largest provides 71% 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

71%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2021 100% · 2022 100% — 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

FAFO INC draws 100% of its grant income from funders outside Florida, across 2 states in all.

MD
NC

In-state vs out-of-state, by year

’18
’21
’22
Florida out of state home

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.

04Its place in the field

Government funding FAFO INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $456 on record.

State$456
Top programs
  • REFUNDS - GENERAL $456

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 FAFO 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 Florida

Nationally

05Profile & governance

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

Where the money goes

82% of spending goes to programs.

Program 82%Management 17%Fundraising 1%

Governance

20
board members
95%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

85%

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 FAFO 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FAFO INC?
FAFO INC (Florida) receives grants from 2 organizations whose IRS filings report $21,000 to it, the largest being FELBURN FOUNDATION ($15,000). 1 of them have funded it in more than one year.
How many funders does FAFO INC have?
IRS filings report 2 organizations giving $21,000 in grants to FAFO INC, 1 of which have funded it in more than one year.
Who is the largest funder of FAFO INC?
FELBURN FOUNDATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like FAFO INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 Fafo →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 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