This morning, the office of House Speaker Paul Ryan released a blueprint for tax reform that would overhaul major components of the U.S. tax code and lower taxes for households and businesses. The key details of the plan...
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Annual Reports and Funding
The Tax Foundation is an independent 501(c)(3) non-partisan, non-profit organization founded in 1937. We have no endowment and must raise our budget to support our programs each year. As a policy, we neither solicit nor receive financial support from any government entity.
Our 2014 revenue ($3,675,132) consisted of support from philanthropic foundations (42%), corporate contributions (40%), donations from over 1,600 individuals (10%), and events revenue and miscellaneous (8%). No one donor contributed more than 12 percent of our revenue.
Our 2014 expenses ($2,971,778) consisted of $2.22 million (75%) spent on programs, $0.20 million (7%) on administrative costs, and $0.55 million (19%) on fundraising costs (in which we include donor outreach costs). Our 2015 budget is $4 million. Support the Tax Foundation by clicking here!
We are honored to receive a gold-level rating from Guidestar for our commitment to organizational transparency.
Copies of our most recent Forms 990 and audited financial statements from 2004 to the present are available below.
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