JOSHUA M FREEMAN FOUNDATION

EIN: 208592383 501(c)(3) Arts, Culture & Humanities

SELBYVILLE, DE

Total Revenue
$15,313,896
Total Expenses
$14,346,886
Total Assets
$9,469,872
Net Assets
$8,844,645
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
DE
Principal Officer
MICHELLE FREEMAN
Phone
3024363015
Tax Period
2024-01-01 to 2024-12-31

JOSHUA M FREEMAN FOUNDATION, founded in 2007, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $15.3M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $14.3M left a modest 6% surplus.

Mission

ADVANCING ARTS ACCESS FOR ALL THROUGH PERFORMANCE, EDUCATION AND ADVOCACY.

Program Service Accomplishments

Program 1
Expenses: $13,135,697 Revenue: $8,023,255

JOSHUA M. FREEMAN FOUNDATION (JMFF) IS A NOT-FOR-PROFIT ORGANIZATION, INCORPORATED IN THE STATE OF DELAWARE IN 2007. JMFF HAS AN INDEPENDENT PUBLIC BOARD REPRESENTING THE COMMUNITY IT SERVES. ITS...

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JOSHUA M. FREEMAN FOUNDATION (JMFF) IS A NOT-FOR-PROFIT ORGANIZATION, INCORPORATED IN THE STATE OF DELAWARE IN 2007. JMFF HAS AN INDEPENDENT PUBLIC BOARD REPRESENTING THE COMMUNITY IT SERVES. ITS PURPOSE IS CREATING OPPORTUNITIES THAT ELEVATE THE HUMAN SPIRIT. ITS CURRENT PRINCIPAL ACTIVITY IS THROUGH TWO PROGRAMS, THE ARTS ACCESS INITIATIVE AND FREEMAN ARTS PAVILION, OUR OUTSIDE PERFORMANCE VENUE. COLLECTIVELY, OVER 127,091 PATRONS ENJOYED ARTS PROGRAMMING PRESENTED BY JMFF IN 2024. THE ARTS ACCESS INITIATIVE PROGRAM PROVIDES K-12 STUDENTS, COMMUNITY PARTNERS AND FAMILIES THROUGHOUT DELMARVA ACCESS TO YEAR-ROUND, HIGH-QUALITY, DIVERSE ARTS EXPERIENCES AT NO COST. PROGRAMMING FOR THE ARTS ACCESS INITIATIVE INCLUDES LIVE MUSIC, DANCE, COMEDY AND MANY OTHER FORMS OF THE ARTS THROUGH PERFORMANCES AT FREEMAN ARTS PAVILION THROUGHOUT THE SUMMER MONTHS, AS WELL AS YEAR-ROUND ARTS OPPORTUNITIES WITH OUR PARTNER LOCATIONS THROUGHOUT DELMARVA. DURING 2024, 23,071 PARTICIPANTS ENJOYED ARTS ACCESS INITIATIVE PROGRAMMING, WHICH IS AT THE CORE OF JMFF'S MISSION. THE FREEMAN ARTS PAVILION PROGRAM IS OUR OUTDOOR PERFORMANCE VENUE IN SELBYVILLE, DE AND IS A WELL-KNOWN ARTS DESTINATION IN THE REGION. DURING THE JUNE THROUGH SEPTEMBER 2024 SEASON, THERE WERE 66 PERFORMANCES AND A TOTAL OF 642 ARTISTS THAT GRACED THE PAVILION'S STAGE. IN TOTAL, 104,020 PATRONS FROM OVER 46 STATES ENJOYED LIVE ARTS PERFORMANCES SAFELY AT THE PAVILION'S OUTDOOR SETTING. THE PATRON ATTENDANCE OF THE ARTS PROGRAMMING PRESENTED BY JMFF HAS DRIVEN TOURISM AND ECONOMIC IMPACT TO THE AREA. PURSUANT TO AN INDEPENDENT STUDY CONDUCTED BY THE UNIVERSITY OF DELAWARE IN 2022, JMFF AND FREEMAN ARTS PAVILION CREATED OVER $23.4M IN ANNUAL ECONOMIC IMPACT IN THE REGION. JMFF'S VISION OF TRANSFORMING LIVES THROUGH THE ARTS WILL CONTINUE AS WE STRATEGICALLY EXPAND DIVERSE PROGRAMMING WHICH PROVIDES ACCESS FOR ALL TO ENJOY LIVE ARTS EXPERIENCES AND PRESENT WORLD CLASS ARTISTS THAT ENHANCE THE QUALITY OF LIFE FOR THE ENTIRE COMMUNITY.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,971,770
Program Service Revenue $6,512,808
Investment Income $352,740
Other Revenue $1,476,578
TOTAL REVENUE $15,313,896

Expense Breakdown

Grants Paid $4,489,238
Salaries & Benefits $2,934,638
Fundraising Expenses $444,586
Program Expenses $13,135,697
Other Expenses $6,923,010
TOTAL EXPENSES $14,346,886

Year-over-Year Comparison

2024 2023 Change
Revenue $15,313,896 $13,002,353 +0.2%
Expenses $14,346,886 $11,911,753 +0.2%
Net Income $967,010 $1,090,600 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
123
Volunteers
284

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$305,964
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE FREEMAN CHAIR/PRESIDENT 10.00
Officer Director
$0 $0 $0
CHRISTINE SHREVE VICE PRESIDENT/DIRECTOR 2.00
Officer Director
$0 $0 $0
GINGER WARD TREASURER/DIRECTOR 1.00
Officer Director
$0 $0 $0
TODD FLUBACHER SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
SARA CHASE CARLSON DIRECTOR (UNTIL MAY 2024) 1.00
Director
$0 $0 $0
L DREXEL DAVISON DIRECTOR 1.00
Director
$0 $0 $0
DENNIS DIAZ DIRECTOR 1.00
Director
$0 $0 $0
SHANTE HASTINGS DIRECTOR 1.00
Director
$0 $0 $0
DEBRA KILLEEN DIRECTOR (UNTIL DEC. 2024) 1.00
Director
$0 $0 $0
PATRICIA KIM DIRECTOR 1.00
Director
$0 $0 $0
GREGORY SMITH DIRECTOR (UNTIL SEPT. 2024) 1.00
Director
$0 $0 $0
JOHN TIBERI DIRECTOR 1.00
Director
$0 $0 $0
JEFF TRIBBLE JR DIRECTOR 1.00
Director
$0 $0 $0
ELI MODLIN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL WIGLEY DIRECTOR 1.00
Director
$0 $0 $0
PATTI GRIMES EXECUTIVE DIRECTOR 30.00
Officer
$284,893 $21,071 $305,964
MELISSA DONNELLY DIRECTOR OF FINANCE 40.00
Highest
$128,298 $20,023 $148,321
DARREN SILVIS DIRECTOR OF DEVELOPMENT 40.00
Highest
$107,312 $12,929 $120,241
KATIE RAYMON DEPUTY DIRECTOR 40.00
Highest
$137,224 $12,890 $150,114
MOLLY WILLIAMS DIRECTOR OF PROGRAMMING 40.00
Highest
$103,258 $13,515 $116,773
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $15,313,896 $14,346,886 $9,469,872 $967,010
2023 $13,002,353 $11,911,753 $8,764,830 $1,090,600
2022 $13,377,561 $12,037,421 $8,014,921 $1,340,140
2021 $10,885,831 $8,007,561 $7,026,329 $2,878,270
2020 $1,980,353 $1,874,958 $3,985,326 $105,395
2019 $6,532,462 $6,413,707 $3,852,305 $118,755
2018 $7,867,485 $9,903,026 $2,681,666 $-2,035,541
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