Geneva Foundation 04-15-93

Analysis

Geneva Foundation 04-15-93 is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in June 2004, 22 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 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, Geneva Foundation 04-15-93 reported income of $70.8m and spending of $73.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $56.0m to $70.8m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Geneva Foundation 04-15-93 sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Roundabout Theatre Company Inc ($69.9m), San Francisco Symphony ($71.1m) and Alamo Trust Inc ($69.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $489k (0.7% of expenses). Other salaries and wages came to $24.7m. At year end it held assets of $24.4m against liabilities of $19.7m, net assets of $4.7m. It reported 517 employees.