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Nonprofiteer
← TAX FOUNDATION

Form 990 for tax year 2023

Filed by TAX FOUNDATION.

Totals

Total revenue
$7,838,946
Total expenses
$6,957,249
Contributions and grants received
$8,036,003
Grants paid
$10,223
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$5,115,582
Management and general expenses
$679,400
Fundraising expenses
$1,162,267
Program service expenses (Part III)
$5,115,582

Program services were 73.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAVID P LEWIS

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • JAMES W LINTOTT

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • THE HONORABLE PHILIP ENGLISH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DENNIS GROTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DOUGLAS HOLTZ-EAKIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN KRANZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAMELA OLSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SARAH MCGILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TOM ROESSER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANIEL D BUNN

    PRESIDENT, CEO, & BOARD SECRETARY

    Total calculated
    $268,996
    From this org
    $238,913
    From related orgs
    $0
    Other
    $30,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,913
    Bonus
    $50,000
    Other
    $0
    Deferred
    $9,583
    Nontaxable benefits
    $20,500
    Filer's total
    $268,996

  • SCOTT HODGE PRESIDENT

    EMERITUS & SENIOR POLICY ADVISOR

    Total calculated
    $365,905
    From this org
    $348,620
    From related orgs
    $0
    Other
    $17,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $348,620
    Bonus
    $0
    Other
    $0
    Deferred
    $16,500
    Nontaxable benefits
    $785
    Filer's total
    $365,905

  • JOSH JAYE SENIOR

    DIRECTOR OF EXTERNAL RELATIONS

    Total calculated
    $166,581
    From this org
    $153,518
    From related orgs
    $0
    Other
    $13,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,018
    Bonus
    $14,500
    Other
    $0
    Deferred
    $7,550
    Nontaxable benefits
    $5,513
    Filer's total
    $166,581

  • WILLIAM MCBRIDE

    VP OF FEDERAL TAX POLICY

    Total calculated
    $210,229
    From this org
    $191,377
    From related orgs
    $0
    Other
    $18,852
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,377
    Bonus
    $5,000
    Other
    $0
    Deferred
    $9,754
    Nontaxable benefits
    $9,098
    Filer's total
    $210,229

  • COLBY PASTRE

    VP OF MARKETING & COMMUNIC

    Total calculated
    $165,958
    From this org
    $150,216
    From related orgs
    $0
    Other
    $15,742
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,216
    Bonus
    $5,000
    Other
    $0
    Deferred
    $7,620
    Nontaxable benefits
    $8,122
    Filer's total
    $165,958

  • MICHAEL RESSEGUE

    CHIEF OF STAFF

    Total calculated
    $193,763
    From this org
    $180,332
    From related orgs
    $0
    Other
    $13,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,332
    Bonus
    $30,000
    Other
    $0
    Deferred
    $7,441
    Nontaxable benefits
    $5,990
    Filer's total
    $193,763

  • JARED M WALCZAK

    VP OF STATE PROJECTS

    Total calculated
    $164,797
    From this org
    $151,200
    From related orgs
    $0
    Other
    $13,597
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,200
    Bonus
    $5,000
    Other
    $0
    Deferred
    $7,607
    Nontaxable benefits
    $5,990
    Filer's total
    $164,797

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE TAX FOUNDATION PARTICIPATES IN THE ANNUAL THINK TANK COMPENSATION SURVEY WHICH COLLECTS COMPENSATION AND BENEFITS DATA RELEVANT TO THINK TANKS AND OTHER RESEARCH ORGANIZATIONS IN THE UNITED STATES THAT CONDUCT RESEARCH IN THE PUBLIC POLICY, FOREIGN POLICY, AND INTERNATIONAL RELATIONS ARENAS. THE BOARD OF DIRECTORS UTILIZES ITS EXPERIENCE AND EXPERTISE IN CONJUNCTION WITH THE SURVEY RESULTS IN DETERMINING THE APPROPRIATE SALARY LEVEL ANNUALLY. THE CHAIRPERSON OF THE BOARD OF DIRECTORS COMMUNICATES IN WRITING THE SALARY APPROVED BY THE BOARD TO THE APPROPRIATE ACCOUNTING AND HUMAN RESOURCES PERSONNEL.
PART I, LINE 7
THE TAX FOUNDATION AWARDED PERFORMANCE BASED BONUSES TO SEVERAL EMPLOYEES, INCLUDING MOST OF THE HIGHEST COMPENSATED EMPLOYEES LISTED ON FORM 990, PART VII. THESE BONUSES ARE INCLUDED IN THE AMOUNTS REPORTED ON FORM 990, PART VII, SECTION A, COLUMN D - REPORTABLE COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
20 September 2024
IRS schema version
2023v5.1
Source object
202442689349300039

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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