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Funding

Indiana · Nonprofit

FOUNDRY CENTER FOR THE ARTS INC

FOUNDRY CENTER FOR THE ARTS INC (Indiana) receives grants from 4 organizations whose IRS filings report $32,573 to it, the largest being WELBORN BAPTIST FOUNDATION INC ($13,151). 2 of them have funded it in more than one year.

$136k
Revenue FY2025
4
Funders on record
$33k
Grants received
$112k
Net assets
2/4 repeat funderspeak grant-dependency 12%

Against its field

FOUNDRY CENTER FOR THE ARTS INC runs a healthier operating margin than half of the 10,664 arts & culture nonprofits its size.

Operating margin8% · above the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 10,664 arts & culture nonprofits $100k–$1M, 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 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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($102k) Expenses 100 ($78k) Net assets 100 ($25k)2018 Revenue 218 ($223k) Expenses 292 ($227k) Net assets 103 ($25k)2019 Revenue 262 ($268k) Expenses 356 ($277k) Net assets 71 ($17k)2020 Revenue 430 ($440k) Expenses 246 ($191k) Net assets 1084 ($266k)2021 Revenue 119 ($122k) Expenses 265 ($206k) Net assets 741 ($182k)2022 Revenue 125 ($128k) Expenses 232 ($181k) Net assets 528 ($130k)2023 Revenue 118 ($121k) Expenses 200 ($155k) Net assets 389 ($95k)2024 Revenue 123 ($126k) Expenses 154 ($120k) Net assets 412 ($101k)2025 Revenue 133 ($136k) Expenses 161 ($125k) Net assets 456 ($112k)
'17'18'19'20'21'22'23'24'25
Revenue (133)Expenses (161)Net assets (456)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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 4%. Grants only. Government contracts and fees sit inside program revenue.

35% of FOUNDRY CENTER FOR THE ARTS INC’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,459 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$25k
17
$4k
18
$8k
19
$249k
20
$84k
21
$52k
22
$34k
23
$6k
24
$11k
25
17
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $7k → $3k.

Funder
'19
'20
'21
'22
'23
total
$13k
funders
1
2
2
3
2

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF)21% 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 FOUNDRY CENTER FOR THE ARTS 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

FOUNDRY CENTER FOR THE ARTS INC leans on a few funders — its largest provides 40% of grant income and the top three 100%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

60% 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 FOUNDRY CENTER FOR THE ARTS INC.

40%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 99% · 2021 100% · 2022 79% · 2023 99%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

51% of FOUNDRY CENTER FOR THE ARTS INC's grant income comes from Indiana funders.

IN
KY

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

20
21
22
23
Indiana out of state home

Funder states come from each funder’s own filing. $7k 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.

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 4 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.

Organizations like FOUNDRY CENTER FOR THE ARTS 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 Indiana

Nationally

04Profile & governance

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

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 FOUNDRY CENTER FOR THE ARTS 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 FOUNDRY CENTER FOR THE ARTS INC?
FOUNDRY CENTER FOR THE ARTS INC (Indiana) receives grants from 4 organizations whose IRS filings report $32,573 to it, the largest being WELBORN BAPTIST FOUNDATION INC ($13,151). 2 of them have funded it in more than one year.
How many funders does FOUNDRY CENTER FOR THE ARTS INC have?
IRS filings report 4 organizations giving $32,573 in grants to FOUNDRY CENTER FOR THE ARTS INC, 2 of which have funded it in more than one year.
Who is the largest funder of FOUNDRY CENTER FOR THE ARTS INC?
WELBORN BAPTIST FOUNDATION INC is the largest funder on record, with $13,151 in grants. The full list of funders is on this page.
How can an organization like FOUNDRY CENTER FOR THE ARTS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 2017–2025), and the filings of 4funders 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