Friends of Ifcc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Community engagement, interim programming, fundraising, capital project planning, and operational stewardship of the Interstate Firehouse Cultural Center.
- Income
- $202,970
- Spending
- $456,698
- Spent on programs
- 83%
- Reserves
- 5.4 months of spending
- Largest source of income
- fees for its services, 78%
- Employees
- 0
- Volunteers
- 5
- Highest pay
- $69,747, interim executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 18% of charities in its peer group (arts and culture, under $250k).
Reserves
20 of 35Spendable reserves would cover 5.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 125% of income.
Income trend
0 of 15Income fell 67% on the year before.
Spending floor
8 of 1583% of spending went to programs and raising each dollar of donations cost 49 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 92 out of 100. Higher than 89% of charities in its peer group (arts and culture, under $250k).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 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 (3)
- $26,930 spent. City Partnership - Friends of IFCC is collaborating with the City of Portland Oregon's Bureau of Parks and Recreation (PP&R) to revitalize Interstate Firehouse Cultural Center (IFCC). A former firehouse, IFCC was converted to an arts center in 1982 and served as a home for Black arts and culture for decades, but is now too small and outdated to operate sustainably. FoIFCC is currently partnering with the City on a Feasibility Study that will create a path for the building's renovation. FoIFCC is also partnering with the City on a Grant and Residency program for artists to utilize the IFCC building. As part of this program, the Resident Artists host numerous free public/community events at IFCC. The residency program was funded federally via American Rescue Plan Act, which sunset in March 2025. In 2024, FoIFCC raised money to continue this program once federal funds sunset.
- $35,272 spent. Artist-in-Residence Showcases - FoIFCC is hosts free public events that showcase visual, performing, and interdisciplinary art work and bring community members together. In August and December 2024, FoIFCC hosted events to highlight the range of creativity among the IFCC Artists-in-Residence. In August, we activated the building with a youth marketplace and hosted a concert in the adjacent Patton Square Park. Approximately 300 people attended. In December approximately 45 people attended the Artist Showcase, which involved visual art in the gallery, and performances in the theater. Events like these are the primary way that FoIFCC activates the IFCC building in order to build momentum for its renovation. Many expenses associated with the December event occurred in the 2025 tax year rather than 2024.
- $318,357 spent. Grantmaking Administration - Our work on this new City contract to administer grant funds focused on obtaining the contract, and launching the application cycle. We collaborated with the City on program guidelines, issued the public call, hosted info sessions, and prepared for the applicant review process. Grantees were selected in the 2025 tax year, and monies associated with their grants fall to 2025.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
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 November 6, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 November 4, 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.