Consumer Brands Association Foundation Inc

Analysis

Consumer Brands Association Foundation Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Consumer Brands Association Foundation Inc reported income of $364k and spending of $177k, leaving 51% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $674k to $364k (-46%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. 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, Consumer Brands Association Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Southwest Virginia Ballet Company ($364k), Cartoon Art Museum of California ($364k) and Lovegood Performing Arts Company ($363k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 17% of the total. Compensation of current officers, directors and key employees was $49k (28% of expenses). At year end it held assets of $898k against liabilities of $87k, net assets of $812k.