Civic Intelligence

Kulas Foundation

EIN 34-0770687 • Cleveland, OH

1660 West 2nd St Suite 800Cleveland, OH 44113-1461
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

$25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

$25M-$50M nonprofits • Source year 2024

Net Margin

17th percentile

-13%

Higher net margin than 17% of similar nonprofits.

$25M-$50M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$193,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

$25M-$50M nonprofits • Source year 2024

Asset Growth

64th percentile

8.8%

Faster asset growth than 64% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2022 to 2024

Revenue Growth

87th percentile

65%

Faster revenue growth than 87% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$46,413,486

Up $2,230,338 (+5.0%) from 2023

Liabilities

Up

$8,663

Up $8,663 from 2023

Net Assets

Up

$46,404,823

Up $2,221,675 (+5.0%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin17th percentile

Revenue

Up

$2,427,652

Up $559,805 (+30%) from 2023

Expenses

Up

$2,749,928

Up $107,167 (+4.1%) from 2023

Net Income

Up

-$322,276

Up $452,638 (+58%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2014: $40,994,558Liabilities 2014: $0Net Assets 2014: $40,994,5582014Assets 2015: $38,559,238Liabilities 2015: $0Net Assets 2015: $38,559,2382015Assets 2016: $38,413,091Liabilities 2016: $0Net Assets 2016: $38,413,0912016Assets 2017: $42,583,458Liabilities 2017: $22,060Net Assets 2017: $42,561,3982017Assets 2018: $37,947,662Liabilities 2018: $22,404Net Assets 2018: $37,925,2582018Assets 2019: $44,017,266Liabilities 2019: $0Net Assets 2019: $44,017,2662019Assets 2020: $46,575,789Liabilities 2020: $0Net Assets 2020: $46,575,7892020Assets 2021: $50,527,466Liabilities 2021: $6,372Net Assets 2021: $50,521,0942021Assets 2022: $39,192,152Liabilities 2022: $59,745Net Assets 2022: $39,132,4072022Assets 2023: $44,183,148Liabilities 2023: $0Net Assets 2023: $44,183,1482023Assets 2024: $46,413,486Liabilities 2024: $8,663Net Assets 2024: $46,404,8232024

Highlighted filing

2024

Assets$46,413,486
Liabilities$8,663
Net Assets$46,404,823
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2014: $3,342,804Expenses 2014: $2,639,533Net Income 2014: $703,2712014Revenue 2015: $3,379,371Expenses 2015: $2,694,010Net Income 2015: $685,3612015Revenue 2016: $1,477,797Expenses 2016: $2,171,525Net Income 2016: -$693,7282016Revenue 2017: $4,456,006Expenses 2017: $2,515,957Net Income 2017: $1,940,0492017Revenue 2018: $5,543,955Expenses 2018: $2,137,421Net Income 2018: $3,406,5342018Revenue 2019: $4,345,397Expenses 2019: $2,186,189Net Income 2019: $2,159,2082019Revenue 2020: $1,410,251Expenses 2020: $2,647,525Net Income 2020: -$1,237,2742020Revenue 2021: $6,647,917Expenses 2021: $2,462,307Net Income 2021: $4,185,6102021Revenue 2022: $887,978Expenses 2022: $2,342,773Net Income 2022: -$1,454,7952022Revenue 2023: $1,867,847Expenses 2023: $2,642,761Net Income 2023: -$774,9142023Revenue 2024: $2,427,652Expenses 2024: $2,749,928Net Income 2024: -$322,2762024

Highlighted filing

2024

Revenue$2,427,652
Expenses$2,749,928
Net Income-$322,276
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,413,486
Liabilities
$8,663
Net assets
$46,404,823
Revenue
$2,427,652
Expenses
$2,749,928
Net income
-$322,276
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.4$0.01$46.4$2.43$2.75$0.32
2023Detailed filing. Detailed filing data is available for this year.$44.2$0.00$44.2$1.87$2.64$0.77
2022Detailed filing. Detailed filing data is available for this year.$39.2$0.06$39.1$0.89$2.34$1.45
2021Detailed filing. Detailed filing data is available for this year.$50.5$0.01$50.5$6.65$2.46$4.19
2020Detailed filing. Detailed filing data is available for this year.$46.6$0.00$46.6$1.41$2.65$1.24
2019Detailed filing. Detailed filing data is available for this year.$44.0$0.00$44.0$4.35$2.19$2.16
2018Detailed filing. Detailed filing data is available for this year.$37.9$0.02$37.9$5.54$2.14$3.41
2017Detailed filing. Detailed filing data is available for this year.$42.6$0.02$42.6$4.46$2.52$1.94
2016Detailed filing. Detailed filing data is available for this year.$38.4$0.00$38.4$1.48$2.17$0.69
2015Detailed filing. Detailed filing data is available for this year.$38.6$0.00$38.6$3.38$2.69$0.69
2014Detailed filing. Detailed filing data is available for this year.$41.0$0.00$41.0$3.34$2.64$0.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY W MCCANN LLCPresident/Treasurer/TrusteePT$193,000-$193,000
LOU GRASSOVice President & SecretaryPT$129,167$9,042$138,209
RICHARD W POGUEChairman Of The Board, Trustee-$12,000-$12,000
CHRISTOPHER M KELLYVice President/Trustee-$12,000-$12,000
HEATHER LENNOXVice President/Trustee-$12,000-$12,000
JOHN M SAADA JRVice President/Trustee-$12,000-$12,000
Filing and Contact Details

Filer

Filer Name
Kulas Foundation
EIN
34-0770687
In Care Of
% LOU GRASSO
Phone
2166234770
Address
1660 WEST 2ND ST SUITE 800, CLEVELAND, OH 44113-1461

Signing Officer

Name
Lou Grasso
Title
VP/secretary
Phone
2166234770
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA Pc
Address
1300 EAST NINTH STREET SUITE 1301, CLEVELAND, OH 44114
Preparer
Jacob Cook
Phone
2163251700
Raw XML AppendixShowing 400 of 866 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0CHAIRMAN OF THE BOARD, TRUSTEE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT/TRUSTEE
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0APPLICANTS MUST SUBMIT COPIES OF GRANT APPLICATION, COPIES OF TAX-EXEMPT CERTIFICATES & LETTERS FROM THE TREASURY DEPT CERTIFYING THAT THE APPLICANT IS A PUBLICLY SUPPORTED TAX EXEMPT ORGANIZATION, NOT A PRIVATE FOUNDATION.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0PRESIDENT OF KULAS FOUNDATION
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum02166234770
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0KULAS FOUNDATION CONFINES ITS GRANTS PRIMARILY TO MUSIC THERAPY, COMMUNITY, EDUCATION, ARTS AND CULTURE AND SOCIAL SERVICE INSTITUTIONS IN THE GREATER CLEVELAND AREA.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0TRUSTEES MEET, USUALLY QUARTERLY, TO CONSIDER GRANT APPLICATIONS.
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0PROGRAMMATIC SUPPORT
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0APOLLO'S FIRE CLEVELAND BAROQUE ORCHESTRA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1BALDWIN WALLACE UNIVERSITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2BLUEWATER CHAMBER ORCHESTRA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3BUSINESS VOLUNTEERS UNLIMITED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4CASE WESTERN RESERVE UNIVERSITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5CENTER FOR ARTS-INSPIRED LEARNING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt6CHAMBERFEST CLEVELAND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt7CLEVELAND BALLET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt8CLEVELAND COUNCIL ON WORLD AFFAIRS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt9CLEVELAND INSTITUTE OF MUSIC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt10CLEVELAND INTERNATIONAL FILM FESTIVAL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt11CLEVELAND LEADERSHIP CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt12CLEVELAND MODERN DANCE ASSOCIATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt13CLEVELAND MUSIC SCHOOL SETTLEMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt14CLEVELAND PLAY HOUSE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt15CLEVELAND POPS ORCHESTRA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt16CLEVELAND SCHOOL OF ARTS BD OF TRUSTEES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt17CLEVELAND STATE UNIVERSITY FOUNDATION

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