Ohio · Nonprofit
KING RECORDS LEGACY INC
KING RECORDS LEGACY INC (Ohio) receives grants from 4 organizations whose IRS filings report $85,000 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($40,000). 0 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $10k
- Funders on record
- 4
- Grants received
- $85k
- Net assets
- $43k
What King Records Legacy Inc does
Mission
To celebrate and elevate the living and historic legacy of King Records in all its rich musical, cultural and civil rights heritage through the preservation and relaunch of a headquartered King Records on Brewster Avenue to educate and enliven communities across the region, nation and globe, and to engage in any other lawful act or activity for which non-profits companies may be formed under Sections 1702.0 I lo 1702.99, Inclusive, of the Ohio Revised Code.
As stated on its FY2024 Form 990-EZ.
Program
In 2024, the King Records Legacy Foundation advanced its mission through education, preservation, and community engagement. KRL supported the Heidt Center of Excellence and the launch of the Marianne Klekamp Music Center, while also working with Withrow University High School for the second year to support ROTC scholarships for future University of Cincinnati students. The Foundation introduced a donor-led music program and hosted Music Week to celebrate King's genre-spanning influence. KRL participated in the Findlay Market Reds Opening Day Parade, drawing thousands to honor the legacy of King Records and featuring artists connected to its history. Academic partnerships with Miami University's KING Design Studio, an upper-level architecture studio, produced visioning work for the future redevelopment of the Brewster Avenue site. KRL also conducted outreach with partner organizations in Atlanta and Washington, D.C., building national awareness and strategic cultural partnerships.
$4,684 spent100% of program spending
The program described on its FY2024 Form 990-EZ. Program spending in total: $4,684.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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.
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 $59k to $46k (−22%).
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.
100% of KING RECORDS LEGACY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (78% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.
Leadership and staff
Chief executive
Kent Butts
President, Executive Director
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
2021 → 2022: the base broadened from 1 funder to 3 funders, grant income rose $5k → $80k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 71% 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 KING RECORDS LEGACY 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
KING RECORDS LEGACY INC leans on a few funders — its largest provides 47% of grant income and the top three 94%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
71% 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 KING RECORDS LEGACY INC.
Largest funder’s share by year: 2021 100% · 2022 50% — 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
71% of KING RECORDS LEGACY 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 $25k that is directly attributable, 100% of it comes from Ohio funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $60k 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
KING RECORDS LEGACY INC's revenue fell 93% between 2022 and 2024.
this organization peer median middle 50% of peers· 14,550 arts & culture nonprofits under $100k, FY2024
Organizations like KING RECORDS LEGACY 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 Ohio
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for KING RECORDS LEGACY 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 KING RECORDS LEGACY INC?
- KING RECORDS LEGACY INC (Ohio) receives grants from 4 organizations whose IRS filings report $85,000 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($40,000). 0 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does KING RECORDS LEGACY INC have?
- IRS filings report 4 organizations giving $85,000 in grants to KING RECORDS LEGACY INC.
- Who is the largest funder of KING RECORDS LEGACY INC?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
- How can an organization like KING RECORDS LEGACY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. 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 King Records Legacy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), 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