Help us achieve a world where the tax code doesn't stand in the way of success.
The Tax Foundation is the nation’s leading independent tax policy nonprofit. Since 1937, our principled research, insightful analysis, and engaged experts have informed smarter tax policy at the federal, state, and global levels. For over 80 years, our goal has remained the same: to improve lives through tax policies that lead to greater economic growth and opportunity.
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 2017 support ($5,324,219) came from philanthropic foundations (38%), business contributions (29%), donations from 1,862 individuals (14%), events (15%), investment revenue (1%), and publication sales and miscellaneous (3%). No donor contributed more than 15 percent of our revenue.
Our 2017 expenses ($4,869,096) were programs ($3.40 million, or 69%), fundraising and outreach to potential donors ($1.12 million, or 24%), and general and administrative ($0.35 million, or 7%).
Our 2018 budget approved by our Board of Directors projects $5.05 million in revenue and $4.99 million in expenses.
Below you can find our 990 Forms and Audited Financial Statements for recent years.
2017 Audited Financial Statement
2016 Audited Financial Statement
2015 Audited Financial Statement
2014 Audited Financial Statement
2013 Audited Financial Statement
2012 Audited Financial Statement
2011 Audited Financial Statement
2010 Audited Financial Statement