Charity Search / GLENSTONE FOUNDATION
Arts, Culture & Humanities (A40) 990 on File

GLENSTONE FOUNDATION

EIN: 20-5938416 · POTOMAC, MD 20854-1036 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$15.9M
Total Revenue
$64.8M
Total Expenses
$2701.8M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.7%
Fundraising Efficiency N/A
Operating Reserve 500.49x
Liability-to-Asset 9.6%
Revenue Diversification 47.3%
Executive Compensation $359K
Compared with Peers
FY 2024
Compared with 433 similar organizations (United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
79.7% 79.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
500.5 mo 29.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
9.6% 12.3%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
47.3% 67.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-94.0% 7.9%
P10P90
Expense growth
Year over year expense growth
24.7% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
-308.0% 2.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $15.9M $64.8M $2701.8M 79.7% —
2023 $266.8M $52.0M $2743.0M 75.4% —
2022 $132.6M $44.9M $2577.7M 77.0% —
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Organization Details
EIN
20-5938416
State
MD
City
POTOMAC
ZIP
20854-1036
Classification
A40
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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