Arts, Culture & Humanities
(A12)
990 on File
4 CORNERSTONES FOUNDATION
Financial strength (30%)
71/100
Reliability (20%)
45/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$2.4M
Total Revenue
$2.2M
Total Expenses
$50.9M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
99.7%
Fundraising Efficiency
N/A
Operating Reserve
275.65x
Liability-to-Asset
0.0%
Revenue Diversification
100.0%
Executive Compensation
$0
Compared with Peers
FY 2023
Compared with 4,649 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
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
|
99.7% | 77.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
275.7 mo | 16.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 10.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 74.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
248.4% | 3.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-33.4% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.6% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.4M | $2.2M | $50.9M | 99.7% | — |
| 2022 | $688K | $3.3M | $50.7M | 79.5% | — |
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