Consensus Building Institute Inc

Analysis

Consensus Building Institute Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Consensus Building Institute Inc reported income of $7.3m and spending of $6.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $7.3m (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Consensus Building Institute Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Flint Institute of Arts ($7.3m), Unlimited Opportunities Inc ($7.3m) and US Navy Memorial Foundation ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $560k (8.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $9.5m against liabilities of $2.3m, net assets of $7.2m. It reported 37 employees.