Nonprofit · EIN 84-3303528
THE FOUNDRY CONSORTIUM INC
Tax-exempt · CAMBRIDGE, MA 02142
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,191,312 | $1,401,867 | -$210,555 | $91,167 | $124,575 | -$33,408 |
| June 30, 2024 | 990 | $1,074,242 | $965,337 | $108,905 | $223,039 | $45,892 | $177,147 |
| June 30, 2023 | 990 | $1,036,463 | $969,596 | $66,867 | $109,136 | $40,894 | $68,242 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $87,848
- of which government grants
- $26,900
- Program service revenue
- $1,103,464
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $151,558
- Other salaries and wages
- $478,910
- Salaries, compensation and benefits (total)
- $753,807
- Professional fundraising fees
- $0
- Accounting fees
- $95,907
- Occupancy
- $228,514
- Travel
- $11,002
- Depreciation
- $1,736
- Program services (functional)
- $807,067
- Management and general (functional)
- $545,100
- Fundraising (functional)
- $49,700
Balance sheet and other
- Total assets, start of year
- $223,039
- Total assets, end of year
- $91,167
- Total liabilities, end of year
- $124,575
- Net assets, end of year
- -$33,408
- Land, buildings and equipment
- $4,774
- Net assets without donor restrictions
- -$33,408
- Gross receipts
- $1,191,312
- Employees
- 9
- Volunteers
- 0
- Year formed
- 2019
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Diana Navarrete-Rackauckas | Executive Director Trustee or director | 40 | $130,657 | $21,987 |
| Selvin Chambers | President Trustee or director, Officer | 1 | $0 | $0 |
| Joyce Chen | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Ron Peeples | Director Trustee or director | 1 | $0 | $0 |
| Betsy Bard | Director Trustee or director | 1 | $0 | $0 |
| Kellyanne Mahoney | Director Trustee or director | 1 | $0 | $0 |
| Matt Mayerson | Director Trustee or director | 1 | $0 | $0 |
| Polly Carpenter | Director Trustee or director | 1 | $0 | $0 |
| Emmanuella Fed | Director Trustee or director | 1 | $0 | $0 |
| Janos Stone | Director Trustee or director | 1 | $0 | $0 |
| Michael Shia | Director Trustee or director | 1 | $0 | $0 |
| Khari Milner | DIRECTOR Trustee or director | 1 | $0 | $0 |
| Phyllis Bretholtz | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Diana Navarrete-Rackauckas | Executive Director Trustee or director | 40 | $124,962 | $21,987 |
| Stephanie Couch | President Trustee or director, Officer | 1 | $0 | $0 |
| Phyllis Bretholtz | Director Trustee or director | 1 | $0 | $0 |
| Selvin Chambers | President & Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Joyce Chen | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Peter Crawley | Director Trustee or director | 1 | $0 | $0 |
| Ron Peeples | Director Trustee or director | 1 | $0 | $0 |
| Betsy Bard | Director Trustee or director | 1 | $0 | $0 |
| Kellyanne Mahoney | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Matt Meyersohn | Director Trustee or director | 1 | $0 | $0 |
| Polly Carpenter | Director Trustee or director | 1 | $0 | $0 |
| Emmanuella FDE | Director Trustee or director | 1 | $0 | $0 |
| Janos Stone | Director Trustee or director | 1 | $0 | $0 |
| Michael A Shia | Director Trustee or director | 1 | $0 | $0 |
| Carlos Lopez | Director Trustee or director | 1 | $0 | $0 |
| Kim Walker-Chin | Director Trustee or director | 1 | $0 | $0 |
| Khari Milner | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DIANA NAVARRETE-RACKAUCKAS | EXECUTIVE DIRECTOR Trustee or director | 40 | $124,962 | $4,313 |
| PETER CRAWLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEAN APPOLON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETSY BARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELLYANNE MAHONEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JINYI DUAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| POLLY CARPENTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMMANUELLA FED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANOS STONE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL SHIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLOS LOPEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIM WALKER-CHIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHANIE COUCH | PRESIDENT Officer | 1 | $0 | $0 |
| AMY DEINES | VICE PRESIDENT Officer | 1 | $0 | $0 |
| SELVIN CHAMBERS | TREASURER Officer | 1 | $0 | $0 |
| JOYCE CHEN | SECRETARY Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 ROGERS STREET, CAMBRIDGE, MA 02142-1000
- In care of
- % DIANA NAVARRETE-RACKAUCKAS
- Mailing address (990-N for 2020)
- 2222 Third Street, Cambridge MA 02142
- Principal officer (990 for 2024)
- DIANA NAVARRETE-RACKAUCKAS, 101 ROGERS ST, CAMBRIDGE, MA 02142
- Principal officer (990-N for 2020)
- Diana Navarrete-Rackauckas, 255 Main Street, Cambridge MA 02142
- Signed the 990
- D NAVARRETE-RACKAUCKAS, EXECUTIVE DIRECTOR
- Phone
- (857) 242-6414
- Website
- www.cambridgefoundry.org
- Return prepared by
- WITHUMSMITHBROWNPC
Mission
THE FOUNDRY IS AN ADAPTIVE REUSE PROJECT TO BUILD A SELF-SUSTAINING CENTER FOR CREATIVITY AND COLLABORATION FOR THE CAMBRIDGE COMMUNITY. AT THE INTERSECTION OF THE KENDALL SQUARE INNOVATION DISTRICT AND THE EAST CAMBRIDGE NEIGHBORHOOD, THE FOUNDRY BUILDING PROVIDES SPACE AND PROGRAMS FOR THE VISUAL AND PERFORMING ARTS, ENTREPRENEURSHIP, TECHNOLOGY, AND WORKFORCE EDUCATION WITHIN ITS HISTORIC, INDUSTRIAL SETTING. THE FOUNDRY FACILITATES ACCESS FOR RESIDENTS, ESPECIALLY UNDERREPRESENTED COMMUNITIES AND ADJACENT NEIGHBORHOODS, TO THE DYNAMIC WORKING AND LEARNING ENVIRONMENT OF KENDALL SQUARE.
Program accomplishments
- CONTRIBUTIONS ARE USED TO PROVIDE SPACE AND PROGRAMS FOR THE VISUAL AND PERFORMING ARTS, ENTREPRENEURSHIP, TECHNOLOGY, AND WORKFORCE EDUCATION.Expenses $807,067 · revenue $1,103,464
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-3303528
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $91,167
- Income (IRS master file)
- $1,191,312
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,191,312 | $1,401,867 | $91,167 | IRS |
| 990 | June 2024 | $1,074,242 | $965,337 | $223,039 | XML |
| 990 | June 2023 | $1,036,463 | $969,596 | $109,136 | XML |
| 990 | June 2022 | $172,300 | $192,263 | $24,067 | IRS |
| 990-N for 2020 Officer: Diana Navarrete-Rackauckas | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3303528).
Questions about THE FOUNDRY CONSORTIUM INC
- What is the EIN of THE FOUNDRY CONSORTIUM INC?
- The employer identification number (EIN) of THE FOUNDRY CONSORTIUM INC is 84-3303528.
- Is THE FOUNDRY CONSORTIUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to THE FOUNDRY CONSORTIUM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FOUNDRY CONSORTIUM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE FOUNDRY CONSORTIUM INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE FOUNDRY CONSORTIUM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE FOUNDRY CONSORTIUM INC?
- The 990 for the year ended June 30, 2025 names DIANA NAVARRETE-RACKAUCKAS.
- Who are the officers and directors of THE FOUNDRY CONSORTIUM INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $130,657 (Diana Navarrete-Rackauckas, Executive Director).
- How much revenue does THE FOUNDRY CONSORTIUM INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,191,312, expenses of $1,401,867 and total assets of $91,167 at year end.
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