Evansville P-47 Foundation Inc is a 501(c)(3) organization based in Evansville, Indiana, registered in 2021, with $560,153 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$560K
▼ 1.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$161K
Net assets
$3.0M
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 Evansville P-47 Foundation Inc— 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 Evansville P-47 Foundation Inc: 224 mo reserves · +71% margin earns a B+ 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 Evansville P-47 Foundation Inc— 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 Evansville P-47 Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $845K (FY2021) to $560K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
71.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$235K
Net assets
$3.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $560,153▼1.1% | $160,722▲0.3% | $2,993,991▲15.4% | $3,229,400▼1.4% | 990 |
| 2023 | $566,192▲38.6% | $160,266▼51.4% | $2,594,560▲18.5% | $3,276,110▼0.2% | 990 |
| 2022 | $408,590▼51.6% | $329,488▲304% | $2,188,634▲3.7% | $3,283,681▼7.2% | 990 |
| 2021 | $844,915 | $81,637 | $2,109,532 | $3,537,721 | 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.
4 grants to Evansville P-47 Foundation Inc totaling $36K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $11,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $5,500 |
| American Endowment Foundation | Arts, culture | 2022 | $5,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $13,500 |
Explore more
Data for Evansville P-47 Foundation Inc (EIN 84-4887552) 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.