Blank Forms Inc

Analysis

Blank Forms Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2016, 10 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, Blank Forms Inc reported income of $1.8m and spending of $1.1m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $557k to $1.8m (+231%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blank Forms Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include RPM Nautical Foundation ($1.8m), Fotofest Inc ($1.8m) and Tomaquag Indian Memorial Museum the ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $95k (8.8% of expenses). Other salaries and wages came to $269k. At year end it held assets of $1.4m against liabilities of $275k, net assets of $1.1m. It reported 11 employees.