Foundation Entertainment Company

Foundation Entertainment Company maintains consistent expenses and zero officer compensation amidst fluctuating revenues, growing assets to over $12 million.

EIN: 205958826 · Mason, OH · NTEE: A30 · Updated: 2026-03-28

$2.8MRevenue

$12.2MAssets

95/100Mission Score (Excellent)

A30

About Foundation Entertainment Company

Foundation Entertainment Company (EIN: 205958826) is a nonprofit organization based in Mason, OH, classified under NTEE code A30. The organization reported total revenue of $2.8M and total assets of $12.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation Entertainment Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Foundation Entertainment Company demonstrates a unique financial profile. While its revenue has fluctuated significantly year-over-year, from a low of $96,027 in 2020 to a high of $4,067,189 in 2022, its expenses have remained remarkably consistent, typically ranging between $360,000 and $415,000 in recent years, with a few exceptions like 2015 and 2016. This consistency in expenses, despite volatile revenue, suggests a stable operational cost structure. The organization consistently reports zero liabilities and zero officer compensation across all available filings, indicating a very healthy balance sheet and a volunteer-driven or externally compensated leadership model, which enhances transparency and efficiency.

The organization's assets have shown consistent growth over the years, increasing from $1,001,248 in 2014 to $12,237,184 currently, reflecting strong financial management and accumulation of resources. The lack of liabilities is a significant positive indicator of financial stability. Given the consistent expenses and zero officer compensation, the organization appears to be highly efficient in its spending, with a substantial portion of its resources likely directed towards its programs, although specific program spending breakdowns are not provided in the summary data. The consistent reporting of zero officer compensation is a strong indicator of transparency and a commitment to minimizing administrative overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Foundation Entertainment Company with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Foundation Entertainment Company allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through an external entity, which is highly unusual for an organization with over $2.8 million in latest revenue and $12 million in assets, suggesting exceptional efficiency in leadership costs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Foundation Entertainment Company's IRS 990 filings:

Highly volatile revenue streams, making financial planning potentially challenging.
Lack of detailed breakdown for program vs. administrative expenses in the provided summary data, making precise efficiency calculations difficult without full 990 access.

Strengths

The following positive indicators were identified for Foundation Entertainment Company:

Consistent reporting of zero liabilities, indicating strong financial health and no debt burden.
Remarkably consistent and controlled expenses, demonstrating operational efficiency.
Consistent growth in assets, from $1 million in 2014 to over $12 million currently, reflecting excellent asset management.
Zero officer compensation reported across all filings, suggesting a highly volunteer-driven or exceptionally lean leadership cost structure.
Strong financial stability with significant assets relative to annual expenses.

Frequently Asked Questions about Foundation Entertainment Company

How does Foundation Entertainment Company manage to operate with zero officer compensation?

The consistent reporting of 0% officer compensation across all 13 filings suggests that the organization's leadership is either entirely volunteer-based or compensated through an external, non-reporting entity. This is a highly unusual and efficient model for an organization of its size.

What is the primary source of Foundation Entertainment Company's highly variable revenue?

The provided data shows significant fluctuations in revenue, from $96,027 in 2020 to $4,067,189 in 2022. Without more detailed financial statements, it's difficult to pinpoint the exact sources, but such variability could indicate reliance on grants, specific project funding, or event-based income.

How does the organization maintain consistent expenses despite volatile revenue?

The organization's expenses have remained remarkably stable, generally between $360,000 and $415,000 in recent years, even with large swings in revenue. This suggests a very lean and fixed cost structure, possibly indicating that program delivery scales efficiently or that core operational costs are well-controlled regardless of income levels.

What is the nature of the 'entertainment' activities given the NTEE code A30 (Arts, Culture, Humanities - General)?

The NTEE code A30 suggests a broad focus within arts, culture, and humanities. Given the name 'Foundation Entertainment Company,' it likely involves supporting or producing various forms of entertainment, possibly through grants, events, or direct programming, aligning with its nonprofit status.

Filing History

IRS 990 filing history for Foundation Entertainment Company showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Foundation Entertainment Company's revenue has declined by 36.7%, moving from $192K to $122K. Total assets increased by 1296.4% over the same period, from $874K to $12.2M. Total functional expenses rose by 35.2%, from $301K to $407K. In its most recent filing year (2023), Foundation Entertainment Company reported a deficit of $285K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$122K	$407K	$12.2M	$0	—	—
2022	$4.1M	$367K	$12.5M	$0	—	View 990
2021	$2.1M	$369K	$8.8M	$0	—	View 990
2020	$96K	$382K	$7.0M	$0	—	View 990
2019	$2.1M	$390K	$7.3M	$0	—	View 990
2018	$668K	$415K	$5.6M	$0	—	View 990
2017	$1.0M	$397K	$5.4M	$0	—	—
2016	$1.3M	$77K	$4.7M	$0	—	View 990
2015	$2.5M	$8K	$3.5M	$0	—	View 990
2014	$262K	$61K	$1.0M	$0	—	View 990
2013	$45K	$64K	$800K	$0	—	View 990
2012	$84K	$139K	$820K	$0	—	View 990
2011	$192K	$301K	$874K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $122K, expenses of $407K, and assets of $12.2M (revenue -97.0% year-over-year).
2022: Revenue of $4.1M, expenses of $367K, and assets of $12.5M (revenue +91.5% year-over-year).
2021: Revenue of $2.1M, expenses of $369K, and assets of $8.8M (revenue +2112.1% year-over-year).
2020: Revenue of $96K, expenses of $382K, and assets of $7.0M (revenue -95.4% year-over-year).
2019: Revenue of $2.1M, expenses of $390K, and assets of $7.3M (revenue +212.5% year-over-year).
2018: Revenue of $668K, expenses of $415K, and assets of $5.6M (revenue -36.2% year-over-year).
2017: Revenue of $1.0M, expenses of $397K, and assets of $5.4M (revenue -17.2% year-over-year).
2016: Revenue of $1.3M, expenses of $77K, and assets of $4.7M (revenue -50.4% year-over-year).
2015: Revenue of $2.5M, expenses of $8K, and assets of $3.5M (revenue +872.0% year-over-year).
2014: Revenue of $262K, expenses of $61K, and assets of $1.0M (revenue +483.5% year-over-year).
2013: Revenue of $45K, expenses of $64K, and assets of $800K (revenue -46.6% year-over-year).
2012: Revenue of $84K, expenses of $139K, and assets of $820K (revenue -56.3% year-over-year).
2011: Revenue of $192K, expenses of $301K, and assets of $874K.

Data Sources and Methodology

This transparency report for Foundation Entertainment Company is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.