If you haven’t been living under a rock for the last two days, you’ve probably noticed that the internet is losing its mind over the infamous dress that’s seen by some as black and blue and by others as white and gold....
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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. We are honored to have received a Silver level commitment to transparency from Guidestar and three out of four stars from Charity Navigator.
In 2013, our total revenue ($3,024,393) consisted of support from philanthropic foundations (40%), corporate contributions (37%), donations from over 1,600 individuals (12%), and events revenue and miscellaneous (11%). No one donor contributed more than 14 percent of our revenue and, as a policy, we neither solicit nor receive financial support from any government entity. Our 2013 expenses ($2,469,668) consisted of $1.82 million (73%) spent on programs, $0.21 million (9%) on administrative costs, and $0.44 million (18%) on fundraising costs (in which we include donor outreach costs). Our 2014 budget is approximately $3.1 million. Support the Tax Foundation by clicking here!
Copies of our most recent Forms 990 and audited financial statements from 2004 to the present are available below.
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