Mary B Galvin Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Mary B Galvin Foundation Inc is a 501(c)(3) organization based in Chicago, Illinois, registered in 2012, with $113,093 in FY2024 revenue. CharityIndex grades it C+.
444 W Lake St Ste 4525, Chicago, IL, 60606 EIN 45-4099472 Since 2012
Revenue (FY2024)
$113K
▲ 24.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$116K
Net assets
$5.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Mary B Galvin 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 →
B+Financial health25% of the rating553 mo reserves · -3% margin
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 Mary B Galvin Foundation Inc: 553 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Mary B Galvin 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 →
DTransparency10% of the rating1 of 5 disclosure signals
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 Mary B Galvin Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 444 W Lake St Ste 4525, Chicago, IL, 60606
- City
- Chicago
- State
- Illinois
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
Financial trends
Revenue grew from $0 (FY2013) to $113K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.4M
Operating margin
-2.7%
Spent more than it raised in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$0
Net assets
$5.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $113,093▲24.9% | $116,189▲14.0% | $5,358,472▼0.1% | $5,358,472▼0.1% | 990PF |
| 2023 | $90,548▼4.8% | $101,905▲40.7% | $5,361,568▼0.2% | $5,361,568▼0.2% | 990PF |
| 2022 | $95,083▲111% | $72,442▲25.5% | $5,372,925▲0.4% | $5,372,925▲0.4% | 990PF |
| 2021 | $45,003▼10.0% | $57,714▲12.2% | $5,350,284▼0.2% | $5,350,284▼0.2% | 990PF |
| 2020 | $50,014▲148% | $51,424▲28.5% | $5,362,995 | $5,362,995 | 990PF |
| 2019 | $20,169▼66.4% | $40,034▼4.7% | $5,364,405▼0.4% | $5,364,405▼0.4% | 990PF |
| 2018 | $60,000▲20.0% | $41,994▼13.9% | $5,384,270▲0.3% | $5,384,270▲0.3% | 990PF |
| 2017 | $50,000▲100% | $48,775▲25.5% | $5,366,264 | $5,366,264 | 990PF |
| 2016 | $25,000▼50.0% | $38,863▲52.6% | $5,365,039▼0.3% | $5,365,039▼0.3% | 990PF |
| 2015 | $50,000 | $25,473 | $5,378,902▲0.6% | $5,378,902▲0.6% | 990PF |
| 2014 | $0 | $0 | $5,347,635 | $5,347,635 | 990PF |
| 2013 | $0 | $0 | $5,347,635 | $5,347,635 | 990PF |
| 2012 | — | $0 | $5,347,635 | $5,347,635 | 990PF |
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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Frequently asked questions
- Is Mary B Galvin Foundation Inc a legitimate nonprofit?
- Yes. Mary B Galvin Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-4099472, based in Chicago, Illinois. Donations are tax-deductible.
- What is Mary B Galvin Foundation Inc's EIN?
- Mary B Galvin Foundation Inc's Employer Identification Number (EIN) is 45-4099472.
- How much revenue does Mary B Galvin Foundation Inc report?
- Mary B Galvin Foundation Inc reported $113,093 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mary B Galvin Foundation Inc have?
- CharityIndex grades Mary B Galvin Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Mary B Galvin Foundation Inc (EIN 45-4099472) 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.