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New Albany Community Foundation

EIN 31-1409264 · New Albany, OH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood84 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO BUILD THE RESOURCES NECESSARY TO BE A CATALYST FOR, A CONVENER OF AND AN INVESTOR IN INITIATIVES THAT PERPETUATE THE VISION SHARED BY THE COMMUNITY, OUR DONORS AND VISIONARIES.

Income
$4.3 million
Spending
$4.5 million
Spent on programs
81%
Reserves
64.4 months of spending
Largest source of income
donations and private grants, 92%
Employees
5
Volunteers
16
Highest pay
$305,100, president

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 84 out of 100. Higher than 50% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 64.4 months of spending.

  • Debt

    20 of 20

    It owes 6% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    10 of 15

    Income fell 2% on the year before.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 13 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 65% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    25 of 25

    15 of 15 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (8)
  1. $1.0 million spent. THE NEW ALBANY LECTURE SERIES IS AN ANNUAL LECTURE AND EDUCATIONAL PROGRAM IN NEW ALBANY, OHIO, FEATURING NATIONALLY AND INTERNATIONALLY PROMINENT SPEAKERS. ORGANIZED BY THE NEW ALBANY COMMUNITY FOUNDATION SINCE 2014, THE SERIES HAS BROUGHT LEADERS IN PUBLIC AFFAIRS, INTERNATIONAL AFFAIRS, HEALTH, HISTORY AND THE ARTS TO CENTRAL OHIO. IN ADDITION TO TICKET REVENUE OF $39,063, THE EVENT GENERATED CONTRIBUTION REVENUE OF $1,026,863, REPORTED ON LINE 1F OF PART VIII.
  2. $814,943 spent. THE ANNUAL REMARKABLE EVENING EVENT PROVIDES INTELLECTUALLY STIMULATING AND ENTERTAINING PROGRAMMING FOR THE CITIZENS OF NEW ALBANY WHILE SUPPORTING WORTHY COMMUNITY CAUSES. LAST FALL, MORE THAN 670 GUESTS ATTENDED THIS EVENT. IN ADDITION TO REVENUE OF $117,950, THE EVENT GENERATED CONTRIBUTION REVENUE OF $1,946,870, REPORTED ON LINE 1F OF PART VIII.
  3. $475,366 spent. THE AMPHITHEATER EVENTS PROGRAM WAS CREATED TO PROVIDE VIBRANT MUSIC, THEATER, BALLET AND OTHER PERFORMING ARTS TO THE CITIZENS OF NEW ALBANY. THE EVENTS INCLUDE THE AMPHITHEATER BENEFIT, FALL FAMILY MUSIC FEST, AND FAMILY FLICK NIGHTS. IN ADDITION TO TICKET REVENUE OF $13,288, THE EVENTS GENERATED CONTRIBUTION REVENUE OF $504,731, REPORTED ON LINE 1F OF PART VIII.
  4. $445,823 spent. GENERAL PHILANTHROPY
  5. $437,363 spent. HEALTH
  6. $419,843 spent. ARTS AND HUMANITIES
  7. $73,209 spent. EDUCATION
  8. $7,039 spent. ENVIRONMENT/SUSTAINABILITY

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 1995.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.