American Opinion Foundation Inc

Analysis

American Opinion Foundation Inc is a registered charity in United States, based in Wakefield, MA. It received its IRS tax-exemption ruling in August 2006, 20 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 June 2023, American Opinion Foundation Inc reported income of $4.6m and spending of $4.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.6m (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Opinion Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Discovery Museums Inc ($4.6m), Louisiana Childrens Museum ($4.6m) and Tibet House Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $139k (3.3% of expenses). Other salaries and wages came to $1.1m. It paid $551k in professional fundraising fees. At year end it held assets of $5.0m against liabilities of $401k, net assets of $4.6m. It reported 19 employees.