Logo for "Cummings Foundation Inc"

Cummings Foundation Inc

Cummings Foundation Inc

Woburn, MA, US
•
501(c)(3)
•
EIN
04-3073023
•
http://www.cummingsfoundation.org
•
Family Foundation
Private Operating Foundation
Private Foundation
Regional Funder
Logo for "Cummings Foundation Inc"

Cummings Foundation Inc

Woburn, MA, US
•
501(c)(3)
•
EIN
04-3073023
•
http://www.cummingsfoundation.org
•
Family Foundation
Private Operating Foundation
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$395,460,398

Other
91%
Investments
8%
Contributions
1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$229,740,809

Other
47%
Salaries & Benefits
36%
Grants
14%
Offices, Occupancy & IT
2%
Depreciation
<1%
Fees to Service Providers
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$4,451,664
$5,422,310
+22%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$23,556,104
$31,157,398
+32%
Other
$269,483,788
$358,880,690
+33%
Total Revenues
$297,491,556
$395,460,398
+33%
Expenses
2023
2024
Change
Grants
$18,366,000
$32,722,022
+78%
Benefits to Members
$0
$0
-
Salaries & Benefits
$68,939,784
$83,835,883
+22%
Fees to Service Providers
$119,009
$106,786
-10%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,364,891
$4,453,046
+2%
Interest
$28,382
$34,012
+20%
Depreciation
$514,517
$618,820
+20%
Other
$97,761,035
$107,970,240
+10%
Total Expenses
$190,093,618
$229,740,809
+21%
Net income
2023
2024
Change
Net income
+$107,397,938
+$165,719,589
+54%
Income Statement
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