Charity Search / MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION
Arts, Culture & Humanities (A99) 990 on File

MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION

EIN: 81-3302498 · ROCKPORT, MA 01966-1915 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 50/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$87K
Total Revenue
$80K
Total Expenses
$2.1M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.2%
Fundraising Efficiency N/A
Operating Reserve 321.06x
Liability-to-Asset 0.0%
Revenue Diversification 75.6%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 11,905 similar organizations (United States, Arts, Culture & Humanities, under $100K 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
73.2% 82.6%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
321.1 mo 16.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
75.6% 89.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
204.3% 1.6%
P10P90
Expense growth
Year over year expense growth
-5.1% 1.2%
P10P90
Surplus margin
Surplus as a share of revenue
8.9% 9.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $87K $80K $2.1M 73.2% —
2023 $29K $84K $1.9M 80.5% —
2022 $46K $65K $1.6M 1.0% 0
2021 $152K $100K N/A — 0
2020 $59K $129K N/A — 0
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Organization Details
EIN
81-3302498
State
MA
City
ROCKPORT
ZIP
01966-1915
Classification
A99
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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