Baffler Foundation Inc

Analysis

Baffler Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2011, 15 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 (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, Baffler Foundation Inc reported income of $2.5m and spending of $2.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.5m (+20%), an average of +4.6% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baffler Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Milwaukee County War Memorial Inc ($2.5m), Phantom Regiment Inc ($2.5m) and Due Process of Law Foundation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $115k (4.6% of expenses). Other salaries and wages came to $809k. At year end it held assets of $365k against liabilities of $488k, net assets of -$123k. It reported 12 employees.