Judd Foundation

Analysis

Judd Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1997, 29 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Judd Foundation reported income of $6.1m and spending of $6.8m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.5m to $6.1m (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2021, when income rose by 200%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Judd Foundation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Texas Public Radio ($6.1m), Marine Science Foundation ($6.1m) and Alonzo King Lines Ballet ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $988k (14% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $110.6m against liabilities of $491k, net assets of $110.2m. It reported 44 employees.