EIN 52-1703065

Tax Foundation

IRS 501(c) type
501(c)(3)
Num. employees
37
Year formed
1990
Most recent tax filings
2020-12-01
Description
To achieve simple, sensible Tax policy at the federal and state levels by producing and disseminating basic information and economically principled analysis of Tax policy issues and the size of the Tax burden borne by Americans at all levels of govern...
Total revenues
$5,633,682
2020
Total expenses
$4,747,961
2020
Total assets
$5,116,395
2020
Num. employees
37
2020

Program areas at Tax Foundation

Federal Tax policy programs promotes sound Tax policy in Washington d.c. The Foundation provides objective data and analysis on Tax policy, using several tools, including modeling of economic and budgetary effects, research and writing, capitol hill briefings, and congressional testimony. The Foundation established itself as the go-to resource on federal Tax issues for policymakers. In 2020, despite in-person limitations, the staff conducted more than 45 capitol hill meetings and briefings and produced dozens on reports and blog posts on a variety of issues that received 9,060 citations in leading media outlets.
State Tax policy programs promotes state Tax reform with comprehensive annual reports, research, policy analysis, and in-depth state-specific studies. In 2020, the Foundation testified or presented to officials--mostly virtually--in 35 states and the district of columbia. The Foundation is often looked to by legislators, taxpayers, and the media to recommend Tax reform options or provide analysis of Tax plans. The Foundation's analysis, and studies such as the state business Tax climate index, inform the Tax reform debate across the country and have been crucial to major Tax changes in many states, and the Foundation experts were a vital resource to policymakers and journalists as states navigated Tax policy during the pandemic.
Research and communication - the Foundation's marketing team makes Tax policy engaging and accessible to taxpayers, legislators, and the media through innovative, multichannel campaigns. The Foundation's team delivers high-quality content to the right people, at the right time, in a format that promotes deeper understanding using tools like social media, digital advertising, interactive web experiences, and email. In 2020, the Foundation earned 20,370 media citations in the world's top news outlets, including the wall street journal, the Washington post, the new york times, nbc, fox news, and npr; its experts conducted 104 radio and tv interviews; taxfoundation.org was visited 26.7 million times, leading to 486,852 report downloads; its social media accounts earned 27 million impressions; its digital advertising resulted in 12.8 million impressions; and its email newsletter grew to 47,508 subscribers.

Who funds Tax Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Business Roundtable (BRT)General Support$235,120
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$137,980
Lilly EndowmentGeneral Operating Support$110,000
...and 23 more grants received totalling $953,277

Personnel at Tax Foundation

NameTitleCompensation
Scott A. HodgePresident and Secretary$347,300
Colby PastreVice President of Marketing and Communications$121,677
Mike RessegueVice President of Development
Daniel BunnVice President of Global Projects$128,486
Jared WalczakVice President of State Projects$122,007
...and 12 more key personnel

Financials for Tax Foundation

RevenuesFYE 12/2020
Total grants, contributions, etc.$5,613,410
Program services$0
Investment income and dividends$55,632
Tax-exempt bond proceeds$0
Royalty revenue$503
Net rental income$0
Net gain from sale of non-inventory assets$5,846
Net income from fundraising events$-43,696
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,987
Total revenues$5,633,682

Form 990s for Tax Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-122021-08-05990View PDF
2019-122021-01-28990View PDF
2018-122020-02-05990View PDF
2016-122017-09-14990View PDF
2015-122016-09-16990View PDF
...and 5 more Form 990s
Data update history
July 26, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 22, 2022
Received grants
Identified 2 new grant, including a grant for $25,000 from North Carolina Chamber Foundation
July 21, 2022
Updated personnel
Identified 1 new personnel
July 21, 2022
Used new vendors
Identified 2 new vendors, including , and
October 2, 2021
Received grants
Identified 10 new grant, including a grant for $110,000 from Lilly Endowment
Nonprofit Types
Social advocacy organizationsResearch centersCharities
Issues
Social sciencesHuman rightsPublic policy
Characteristics
Political advocacyConducts researchFundraising eventsNational levelGala fundraisersTax deductible donations
General information
Address
1325 G St NW No 950
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
taxfoundation.org/ 
Phone
(202) 464-6200
IRS details
EIN
52-1703065
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
V00: Social Science Research: General
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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