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Filing year 2023

THE FOUNDRY CONSORTIUM INC

Cambridge, Massachusetts·EIN 84-3303528·3
Total revenue
$1.1M
Total assets
$223k
Total expenses
$965k
Reported officers
17
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.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$147k
$162k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Up 14%
from 2022

From $129k in 2022 to $147k in 2023.

$129k
2022
$147k
2023
In today's dollarsEst.
Up 10% in real terms$148k to $162k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 14% from 2022 to 2023, while revenue rose 4%.

$129k in 2022 to $147k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE FOUNDRY CONSORTIUM INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1M
$970k
2022
$1.1M
$965k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE FOUNDRY CONSORTIUM INC

What does the Chief Executive Officer of THE FOUNDRY CONSORTIUM INC earn?

In 2023, the Chief Executive Officer of THE FOUNDRY CONSORTIUM INC received $146,949 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE FOUNDRY CONSORTIUM INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE FOUNDRY CONSORTIUM INC falls between the median and the 75th percentile.

What are THE FOUNDRY CONSORTIUM INC's revenue and expenses?

In 2023, THE FOUNDRY CONSORTIUM INC reported $1.1M in total revenue and $965k in total expenses on its IRS Form 990.

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