Overview
What is The Foundry Consortium Inc?
The Foundry Consortium Inc, based in Cambridge, Massachusetts at 101 Rogers St, is a nonprofit organization dedicated to fostering creativity and collaboration within the community. They specialize in providing space and programs that promote the visual and performing arts, entrepreneurship, technology, and workforce education. Their adaptive reuse project, known as The Foundry, is situated at the intersection of Kendall Square Innovation District and the East Cambridge Neighborhood. The Foundry Building offers a dynamic working and learning environment, aiming to make it accessible to underrepresented communities and neighboring areas. Contributions to The Foundry Consortium Inc are utilized to maintain this space and support their diverse programs.
Official website here: www.cambridgefoundry.org
What do the Facebook reviews say about The Foundry Consortium Inc?
The Foundry Consortium Inc has received enthusiastic feedback from its early users on Facebook. Although currently not rated, the two reviews available praise the establishment for being a fantastic new community space in Cambridge.
The recommendations highlight a wide range of offerings available at The Foundry, suggesting that visitors are pleased with what the nonprofit has to provide. It seems that the organization is on track to build a positive reputation within the community.
Overall, the sentiments expressed indicate a promising start, with individuals eager to explore and support the variety of services offered at this new venue.
This AI summary has been generated from reviews found on Facebook.
Is The Foundry Consortium Inc legitimate?
The Foundry Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundry Consortium Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $137,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $326,459
For more financial information, click here
Official website here: www.cambridgefoundry.org
What is the mission statement of The Foundry Consortium Inc?
The Foundry Consortium Inc's mission is centered around an adaptive reuse project, aiming to establish a self-sustaining center for creativity and collaboration within the community. This center, located at the intersection of an innovation district and a neighborhood, offers space and programs for various artistic and educational pursuits, including the visual and performing arts, entrepreneurship, technology, and workforce education. The Foundry Consortium Inc is committed to providing equal access to its dynamic working and learning environment, particularly to underrepresented communities and adjacent neighborhoods.
Official website here: www.cambridgefoundry.org
What is the revenue of The Foundry Consortium Inc?
The Foundry Consortium Inc's revenue in 2024 was $1,074,242.
Official website here: www.cambridgefoundry.org
Who are the executives of The Foundry Consortium Inc and what are their salaries?
The average compensation at The Foundry Consortium Inc during 2024 was $77,280. There are 6 employees at The Foundry Consortium Inc.
Here are 17 key members and their salaries:
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Official website here: www.cambridgefoundry.org
Where can I find the form 990 for The Foundry Consortium Inc?
The Foundry Consortium Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cambridgefoundry.org
Learn more at the official website: www.cambridgefoundry.org
Mission Statement of The Foundry Consortium Inc
The Foundry Consortium Inc is dedicated to an adaptive reuse project, aiming to establish a self-sustaining center that fosters creativity and collaboration within the community. Located at the intersection of the Kendall Square Innovation District and the East Cambridge neighborhood, this organization utilizes a historic industrial building to provide spaces and programs for various fields such as the visual and performing arts, entrepreneurship, technology, and workforce education. The Foundry Consortium Inc strives to make its dynamic working and learning environment accessible to underrepresented communities and adjacent neighborhoods, promoting equitable opportunities for all.
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Impact
October, 2024
The Foundry Consortium Inc significantly contributes to the cultural and economic fabric of Cambridge, MA, by transforming the historic Foundry building into a vibrant hub for creativity and collaboration. Located at the nexus of the Kendall Square Innovation District and East Cambridge, it serves as a multifunctional center that fosters visual and performing arts, entrepreneurship, technology, and workforce education.
By providing accessible space and programs, The Foundry actively engages residents, particularly from underrepresented communities, ensuring they have opportunities to participate in creative and educational initiatives. This focus on inclusivity not only enriches the local arts scene but also supports community members in developing skills that enhance job readiness and entrepreneurial endeavors.
Ultimately, The Foundry Consortium Inc plays a crucial role in bridging the gap between innovation and the arts, facilitating interactions that inspire both personal growth and economic advancement in a historically industrial setting. Its impact extends beyond mere physical space, creating a dynamic environment that nurtures talent, collaboration, and cultural engagement in the Cambridge area.
This information is meant to be a general summary of The Foundry Consortium Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $925,859
- Gross Receipts: $1,074,242
Assets and Liabilities:
- Total Assets: $24,067
- Total Liabilities: $22,692
- Net Assets: $1,375
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
program income
Revenue
$925,859
Organization Details
Founding Year
2019
Principal Officer
Diana Navarrete-Rackauckas
Website
www.cambridgefoundry.orgNTEE Category
Code: A90 - Arts
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