Edward Drummond Libbey Endowment Fund 20-10-211-0326880 is a 501(c)(3) organization based in Brooklyn, Ohio, registered in 1939, with $1,770,567 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$1.8M
▼ 26.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$2.7M
Net assets
$32.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Edward Drummond Libbey Endowment Fund 20-10-211-0326880— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Edward Drummond Libbey Endowment Fund 20-10-211-0326880: 145 mo reserves · -53% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Edward Drummond Libbey Endowment Fund 20-10-211-0326880— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Edward Drummond Libbey Endowment Fund 20-10-211-0326880: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $3.2M (FY2020) to $1.8M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-53.2%
Spent more than it raised in the latest fiscal year.
Total assets
$32.8M
Total liabilities
$0
Net assets
$32.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,770,567▼26.4% | $2,712,165▲3.2% | $32,802,448▼2.8% | $32,802,448▼2.8% | 990 |
| 2022 | $2,406,240▼20.3% | $2,628,392▲5.4% | $33,754,279▼0.7% | $33,754,279▼0.7% | 990 |
| 2021 | $3,017,729▼5.9% | $2,494,842▲1.3% | $33,984,571▲1.6% | $33,984,571▲1.6% | 990 |
| 2020 | $3,205,966 | $2,462,398 | $33,449,701 | $33,449,701 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Edward Drummond Libbey Endowment Fund 20-10-211-0326880 (EIN 34-6400765) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.