Myers & Briggs Foundation Inc
Analysis
Myers & Briggs Foundation Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover social science, 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 December 2023, Myers & Briggs Foundation Inc reported income of $3.7m and spending of $2.9m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $3.7m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 182%. Over the whole period it spent 38% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Myers & Briggs Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Educopia Institute Inc ($3.7m), Breckenridge Creative Arts ($3.7m) and Center for European Policy Analysis ($3.7m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 47% of the total. Compensation of current officers, directors and key employees was $268k (9.4% of expenses). Other salaries and wages came to $737k. At year end it held assets of $12.8m against liabilities of $281k, net assets of $12.6m. It reported 14 employees.
Income and spending
Where the income comes from
- Program services 47%
- Other 53%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Educopia Institute Inc | Atlanta | $3.7m |
| Breckenridge Creative Arts | Breckenridge | $3.7m |
| Center for European Policy Analysis | Washington | $3.7m |
| Folksbiene Yiddish Theatre Inc | New York | $3.7m |