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Myers & Briggs Foundation Inc

RegisteredEIN 59-2794573Gainesville, FLArts, culture, heritage and science
Income$3.7m2023-12
Spending$2.9msame year
Spent / received38%5-year average
Size in its cause95th pctArts, culture, heritage and science
Exempt since1989Publicly supported organisat
Employees14latest return

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

$0$1.4m$2.8m$4.2m$5.6m2019 Income: $3,609,4162019 Spending: $1,261,65220192020 Income: $869,1122020 Spending: $919,06820202021 Income: $1,982,3162021 Spending: $884,02220212022 Income: $5,582,1202022 Spending: $73,29020222023 Income: $3,707,3512023 Spending: $2,858,9512023
IncomeSpending

Where the income comes from

  • Program services 47%
  • Other 53%

Similar-sized charities, same cause

CharityLocationIncome
Educopia Institute IncAtlanta$3.7m
Breckenridge Creative ArtsBreckenridge$3.7m
Center for European Policy AnalysisWashington$3.7m
Folksbiene Yiddish Theatre IncNew York$3.7m