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Filing year 2024

EXCELLENCE INITIATIVE

Redmond, Washington·EIN 83-1718168·NTEE A02 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$19.1M
Total assets
$89.1M
Total expenses
$1.5M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. EXCELLENCE INITIATIVE reported 2 unpaid officers and board members on its 990-PF.

President & Treasurer
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.3M

Itemized grants

3

Median grant

$125k

RecipientLocationPurposeAmount
KABEER EXCELLENCE FOUNDATIONINTO SUPPORT UNDERPRIVILEGED VIA EDUCATION AND MEDICAL RELIEF$1.1M
FOUNDATION FOR EXCELLENCEINTO SUPPORT UNDERPRIVILEGED VIA EDUCATION AND MEDICAL RELIEF$125k
DR SHROFF'S CHARITY EYE HOSPITALINTO SUPPORT EYE SERVICES FOR THE UNDERPRIVILEGED$70k

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

EXCELLENCE INITIATIVE reported revenue and expenses across 3 filing years.

RevenueExpenses
$7.9M
$39k
2020
$16.5M
$200k
2023
$19.1M
$1.5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in Washington

EXCELLENCE INITIATIVE reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Washington earns a median of $61,153.

25th percentile
$24k
Median
$61,153
75th percentile
$103k
90th percentile
$165k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 528 organizations across 528 filings (2021 – 2024).

See full Arts, Culture & Humanities pay data for Washington
FAQ

Common questions about EXCELLENCE INITIATIVE

What are EXCELLENCE INITIATIVE's revenue and expenses?

In 2024, EXCELLENCE INITIATIVE reported $19.1M in total revenue and $1.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.