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California · Nonprofit

TWO BIT CIRCUS FOUNDATION

TWO BIT CIRCUS FOUNDATION (California) receives grants from 24 organizations whose IRS filings report $1,031,197 to it, the largest being MEDTRONIC COMMUNITIES FOUNDATION ($255,880). 6 of them have funded it in more than one year.

Revenue FY2025
$885k
Funders on record
24
Grants received
$1.0M
Net assets
$831k
6/24 repeat funderspeak grant-dependency 13%
01What it does

What Two Bit Circus Foundation does

Mission

The organization serves children in all economic situations by creating learning experiences to inspire entrepeneurship, encourage young inventors and install environmental stewardship.

As stated on its FY2025 Form 990.

Program

  1. Minimizes environmental waste and maximizes innovative classroom education by capturing manufacturers' over-runs and clean discards headed to landfills and redirecting them to teachers for hands-on learning. The organization collaborates with over 900 educators PK-12 to support science, technology, engineering, arts, and mathematics STEAM education with affordable materials and professional development, while incorporating environmental sustainability.

    $868,725 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $868,725.

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 ($698k) Expenses 100 ($616k) Net assets 100 ($168k)2018 Revenue 143 ($995k) Expenses 155 ($955k) Net assets 124 ($208k)2019 Revenue 291 ($2.0M) Expenses 311 ($1.9M) Net assets 272 ($458k)2020 Revenue 327 ($2.3M) Expenses 332 ($2.0M) Net assets 416 ($701k)2021 Revenue 244 ($1.7M) Expenses 263 ($1.6M) Net assets 465 ($782k)2022 Revenue 220 ($1.5M) Expenses 285 ($1.8M) Net assets 330 ($556k)2023 Revenue 316 ($2.2M) Expenses 233 ($1.4M) Net assets 787 ($1.3M)2024 Revenue 426 ($3.0M) Expenses 302 ($1.9M) Net assets 1446 ($2.4M)2025 Revenue 127 ($885k) Expenses 410 ($2.5M) Net assets 494 ($831k)
'17'18'19'20'21'22'23'24'25
Revenue (127)Expenses (410)Net assets (494)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 2023 to 2024, from $1.4M to $2.7M (+88%).

$168k
$208k
$503k
$958k
$801k
$594k
$1.4M
$2.7M
$2.8M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 1%. Grants only. Government contracts and fees sit inside program revenue.

100% of TWO BIT CIRCUS FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 25,057 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$82k
’17
$40k
’18
$117k
’19
$242k
’20
$82k
’21
−$226k
’22
$768k
’23
$1.1M
’24
−$1.6M
’25
0.7
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

Brent Bushnell

Chairman

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed77771113131311
Joined·+0+1+0+4+2+0+0+4
No longer listed·01000006
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $36k → $276k.

7 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% 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 TWO BIT CIRCUS FOUNDATION’s funders (the co-funder graph). Top 23 of 24 funders by total. 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

TWO BIT CIRCUS FOUNDATION has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

29% 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 TWO BIT CIRCUS FOUNDATION.

25%
largest funder
57%
top three
~8
effective funders

Largest funder’s share by year: 2017 67% · 2018 70% · 2019 38% · 2020 83% · 2021 87% · 2022 87% · 2023 93% — growing more concentrated.

“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

20% of TWO BIT CIRCUS FOUNDATION's funders are still giving 3 years after their first grant; 25% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

52% of TWO BIT CIRCUS FOUNDATION's grant income comes from California funders.

WA
MN
NY
MA
IA
OH
PA
CA
FL

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

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

Funder states come from each funder’s own filing. $244k arriving through sponsors registered in 6 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

TWO BIT CIRCUS FOUNDATION's funding base is broadening — from 2 funders to 4 as grant income climbed.

Operating margin−186% · bottom quartile
Months of reserve0.7mo · bottom quartile
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 17,450 education nonprofits $100k–$1M, FY2025

Organizations like TWO BIT CIRCUS FOUNDATION

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 California

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 10%Fundraising 3%

Governance

13
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

CA

Screen this organization

A dated, signed PDF of the compliance screen for TWO BIT CIRCUS FOUNDATION: 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 TWO BIT CIRCUS FOUNDATION?
TWO BIT CIRCUS FOUNDATION (California) receives grants from 24 organizations whose IRS filings report $1,031,197 to it, the largest being MEDTRONIC COMMUNITIES FOUNDATION ($255,880). 6 of them have funded it in more than one year.
How many funders does TWO BIT CIRCUS FOUNDATION have?
IRS filings report 24 organizations giving $1,031,197 in grants to TWO BIT CIRCUS FOUNDATION, 6 of which have funded it in more than one year.
Who is the largest funder of TWO BIT CIRCUS FOUNDATION?
MEDTRONIC COMMUNITIES FOUNDATION is the largest funder on record, with $255,880 in grants. The full list of funders is on this page.
How can an organization like TWO BIT CIRCUS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 Two Bit Circus →

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 24 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