Cushman Foundation for Foraminiferal Research Inc

Analysis

Cushman Foundation for Foraminiferal Research Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1951, 75 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cushman Foundation for Foraminiferal Research Inc reported income of $237k and spending of $239k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $693k to $237k (-66%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cushman Foundation for Foraminiferal Research Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Harambee ($237k), Aequalis Inc ($237k) and Jacksonville Area Museum Foundation ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 5.6% of the total. At year end it held assets of $4.0m against liabilities of $12k, net assets of $4.0m.