Market Research Foundation
- Assets
- $57.6k
- Revenue
- $622.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Fairfax, VA
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-4155641
Organization Overview
Market Research Foundation is located in Fairfax, VA. The organization was established in 2006. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Market Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Market Research Foundation generated $622.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.0%) each year. All expenses for the organization totaled $642.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE IN ANALYTICS RESEARCH IN SEVERAL DISCIPLINES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENGAGE IN ANALYTICS RESEARCH IN SEVERAL DISCIPLINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Wilson Chairman | OfficerTrustee | 40 | $210,000 |
William Hillman Secretary/treasurer | OfficerTrustee | 5 | $0 |
Peter Conlin Director | Trustee | 10 | $0 |
Annette Glenn Director | Trustee | 5 | $0 |
Greg Schmidt Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $622,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $622,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $622,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,933 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $210,000 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,247 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $494 |
| Fees for services: Accounting | $3,101 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $320,394 |
| Advertising and promotion | $3,781 |
| Office expenses | $9,248 |
| Information technology | $13,895 |
| Royalties | $0 |
| Occupancy | $622 |
| Travel | $3,396 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $274 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $190 |
| All other expenses | $8,607 |
| Total functional expenses | $642,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,632 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,632 |
| Accounts payable and accrued expenses | $71 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $71 |
| Net assets without donor restrictions | $57,561 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $57,632 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Market Research Foundation has recieved totaling $520,000.
| Awarding Organization | Amount |
|---|---|
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $325,000 |
National Right To Work Legal Defense & Education Foundation Inc Springfield, VA PURPOSE: GENERAL SUPPORT | $125,000 |
Americans For Limited Government Inc Fairfax, VA PURPOSE: PROGRAM PURPOSES | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Manufacturers Of The Usa Washington, DC | $42,673,498 | $62,705,209 |
National Railway Labor Conference 7324 Rrb No Arlington, VA | $5,259,981 | $12,455,580 |
The National Right To Work Committee Inc Springfield, VA | $20,653,179 | $10,236,180 |
Hr Policy Association Arlington, VA | $6,326,982 | $10,167,800 |
Charlotte Works Charlotte, NC | $2,005,079 | $8,600,774 |
Jobs With Justice Education Fund Washington, DC | $16,599,797 | $16,367,388 |
Physicians for Fair Coverage Ltd Washington, DC | $0 | $1,580,139 |
Metal Treating Institute Inc Hendersonville, TN | $1,186,449 | $1,499,122 |
American Association Of Cosmetology Schools Inc Washington, DC | $1,137,711 | $1,066,197 |
Agc Of Kentucky Inc Frankfort, KY | $2,526,145 | $1,324,592 |
Coding It Forward Inc Washington, DC | $1,870,920 | $1,171,199 |
Tax Council Washington, DC | $1,516,829 | $933,411 |