Woodward Development Corporation

Foundation · Grantmaker MOUNT VERNON, OH EIN: 31-1573317 Website

TO SUPPORT THE PERFORMING ARTS AND THE HERITAGE OF KNOX COUNTY BEGINNING WITH THE RENOVATION, RESTORATION AND OPERATION OF THE WOODWARD OPERA HOUSE AND TO ENGAGE IN ANY LAWFUL ART OR ACTIVITY PERMITTED UNDER THE OHIO REVISED CODE SECTION 1702.1 TO 1202.87 INCLUSIVE.

Key facts about Woodward Development Corporation

EIN: 31-1573317
Latest 990 filing: Form 990-PF, 2024
Total assets: $17,118,992

Data from IRS Form 990-PF, 2024; updated April 2026.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.1M

-4.0% YoY

Revenue

$1.4M

+486.1% YoY

Net Investment Income

$146

+484.0% YoY

Expenses

$943K

+32.5% YoY

About Woodward Development Corporation

Based on IRS filings

Woodward Development Corporation is a nonprofit organization focused on Arts, Culture & Humanities, based in MOUNT VERNON, OH. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $17.1M in total assets. Net investment income was $146.

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $1K (100%)

States

Ohio

Cities

Mount Vernon

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$17,118,992	$17,828,511	$17,860,799
Revenue	$1,433,461	$244,564	$312,242
Expenses	$942,644	$711,272	$300,289
Qualifying Distributions	—	—	—
Net Investment Income	$146	$25	$5
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2018–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Larry Grindle	Chair	15	—
Maureen Buchwald	Vice-Chair	—	—
Charles Kindel	Secretary	—	—
Susan Ramser	Trustee	—	—
Ann Laudeman	Trustee	—	—
Barry Lester	Trustee	—	—
David Stuller	Trustee	15	—
Jay Nixon	Trustee	—	—
Laura Webster	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is Woodward Development Corporation?

Woodward Development Corporation is a nonprofit organization focused on Arts, Culture & Humanities, based in MOUNT VERNON, OH. It holds $17.1M in total assets as of 2024.

How large is Woodward Development Corporation?

As of 2024, Woodward Development Corporation holds $17.1M in total assets with $1.4M in annual revenue.

Where does Woodward Development Corporation operate?

Woodward Development Corporation has awarded grants in Ohio.

What is Woodward Development Corporation's EIN?

Woodward Development Corporation's EIN (Employer Identification Number) is 31-1573317. IRS Form 990 filing data is available on this page for 2018–2024.