Massachusetts · Nonprofit
THE FOUNDRY CONSORTIUM INC
THE FOUNDRY CONSORTIUM INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $36,300 to it, the largest being CAMBRIDGE COMMUNITY FOUNDATION ($35,500). 1 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $1.2M
- Funders on record
- 2
- Grants received
- $36k
- Net assets
- $-33408
What The Foundry Consortium Inc does
Mission
The foundry is an adaptive reuse project to build a self-sustaining center for creativity and collaboration for the cambridge community. At the intersection of the kendall square innovation district and the east cambridge neighborhood, the foundry building provides space and programs for the visual and performing arts, entrepreneurship, technology, and workforce education within its historic, industrial setting. The foundry facilitates access for residents, especially underrepresented communities and adjacent neighborhoods, to the dynamic working and learning environment of kendall square.
As stated on its FY2025 Form 990.
Program
Contributions are used to provide space and programs for the visual and performing arts, entrepreneurship, technology, and workforce education.
$807,067 spent$1,103,464 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $807,067.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $223k to $91k (−59%).
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.
Government-grant reliance: 2024 9% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.
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.
Chief executive
Diana Navarrete-Rackauckas
Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 98% 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 THE FOUNDRY CONSORTIUM 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
THE FOUNDRY CONSORTIUM INC leans on a few funders — its largest provides 98% 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
98% 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 THE FOUNDRY CONSORTIUM INC.
“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
98% of THE FOUNDRY CONSORTIUM 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 $800 that is directly attributable, 100% of it comes from funders outside Massachusetts, across 1 state.
Funder states come from each funder’s own filing. $36k arriving through sponsors registered in 1 state 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.
Government funding THE FOUNDRY CONSORTIUM INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $25k on record.
- (PP) STATE AID/POL SUB$25k
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 THE FOUNDRY CONSORTIUM 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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
58% of spending goes to programs.
Governance
Public support
66%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE FOUNDRY CONSORTIUM 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 THE FOUNDRY CONSORTIUM INC?
- THE FOUNDRY CONSORTIUM INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $36,300 to it, the largest being CAMBRIDGE COMMUNITY FOUNDATION ($35,500). 1 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE FOUNDRY CONSORTIUM INC have?
- IRS filings report 2 organizations giving $36,300 in grants to THE FOUNDRY CONSORTIUM INC, 1 of which have funded it in more than one year.
- Who is the largest funder of THE FOUNDRY CONSORTIUM INC?
- CAMBRIDGE COMMUNITY FOUNDATION is the largest funder on record, with $35,500 in grants. The full list of funders is on this page.
- How can an organization like THE FOUNDRY CONSORTIUM INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 Foundry Consortium →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), 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