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Indiana · Nonprofit

FREETOWN VILLAGE INC

FREETOWN VILLAGE INC (Indiana) receives grants from 16 organizations whose IRS filings report $1,177,843 to it, the largest being LILLY ENDOWMENT INC ($405,506). 11 of them have funded it in more than one year.

Revenue FY2024
$407k
Funders on record
16
Grants received
$1.2M
Net assets
$639k
11/16 repeat funderspeak grant-dependency 77%
01What it does

What Freetown Village Inc does

Mission

Education and cultural awareness

As stated on its FY2024 Form 990.

Program

  1. The organization educates the public about african-american lives and culture through living history performances, the collection and preservation of artifacts, exhibits and allied programs.

    $196,828 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $196,828.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($118k) Expenses 100 ($151k) Net assets -81 ($-99257)2018 Revenue 107 ($126k) Expenses 93 ($140k) Net assets -92 ($-113510)2019 Revenue 120 ($141k) Expenses 97 ($146k) Net assets -97 ($-119040)2020 Revenue 291 ($342k) Expenses 66 ($100k) Net assets 100 ($123k)2021 Revenue 175 ($206k) Expenses 129 ($195k) Net assets 109 ($134k)2022 Revenue 172 ($203k) Expenses 126 ($190k) Net assets 119 ($147k)2023 Revenue 499 ($587k) Expenses 132 ($198k) Net assets 435 ($536k)2024 Revenue 345 ($407k) Expenses 201 ($303k) Net assets 519 ($639k)
'17'18'19'20'21'22'23'24
Revenue (345)Expenses (201)Net assets (519)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $331k to $723k (+118%).

$22k
$38k
$44k
$305k
$324k
$331k
$723k
$827k
'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: 2020 8% · 2021 13% · 2022 13% · 2023 2% · 2024 10%. Grants only. Government contracts and fees sit inside program revenue.

92% of FREETOWN VILLAGE INC’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,618 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$33k
’17
−$14k
’18
−$6k
’19
$242k
’20
$11k
’21
$13k
’22
$389k
’23
$103k
’24
33
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.

Board chair

Gwendolyn J Kelley

Board chair

As listed on its FY2024 Form 990.

20202021202220232024
Listed86899
Joined·+0+3+3+1
No longer listed·2121
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 9 funders, grant income rose $18k → $221k.

4 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% 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 FREETOWN VILLAGE 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

FREETOWN VILLAGE INC leans on a few funders — its largest provides 34% of grant income and the top three 61%; half comes from just 2 funders.

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

55% 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 FREETOWN VILLAGE INC.

34%
largest funder
61%
top three
~6
effective funders

Largest funder’s share by year: 2017 94% · 2018 94% · 2019 36% · 2020 65% · 2021 41% · 2022 29% · 2023 45% — 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.

How long its funders stay

67% of FREETOWN VILLAGE INC's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

76% of FREETOWN VILLAGE INC's grant income comes from Indiana funders.

MN
NY
IN

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

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $239k 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.

04Its place in the field

Against its field

FREETOWN VILLAGE INC runs a healthier operating margin than three-quarters of the 17,953 arts & culture nonprofits its size.

Operating margin25% · top quartile
Months of reserve32.7mo · top quartile
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 17,953 arts & culture nonprofits $100k–$1M, FY2024

Organizations like FREETOWN VILLAGE 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 Indiana

Nationally

05Profile & governance

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

Where the money goes

65% of spending goes to programs.

Program 65%Management 28%Fundraising 7%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for FREETOWN VILLAGE 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.

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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 FREETOWN VILLAGE INC?
FREETOWN VILLAGE INC (Indiana) receives grants from 16 organizations whose IRS filings report $1,177,843 to it, the largest being LILLY ENDOWMENT INC ($405,506). 11 of them have funded it in more than one year.
How many funders does FREETOWN VILLAGE INC have?
IRS filings report 16 organizations giving $1,177,843 in grants to FREETOWN VILLAGE INC, 11 of which have funded it in more than one year.
Who is the largest funder of FREETOWN VILLAGE INC?
LILLY ENDOWMENT INC is the largest funder on record, with $405,506 in grants. The full list of funders is on this page.
How can an organization like FREETOWN VILLAGE 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.

Play a game about who funds Freetown Village →

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 16 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 22, 2026. What this page cannot tell you · view filing