Harvard Lampoon

Analysis

Harvard Lampoon is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 1934, 92 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harvard Lampoon reported income of $636k and spending of $617k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $636k (+184%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harvard Lampoon sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Sky High Broadcasting Corporation ($636k), Elizabeth Lane Oliver Center for the Arts ($636k) and The Center for Dynamic Learning Inc ($636k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 2.5% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.