Committee For A Responsible Federal Budget

Organization Overview

Committee For A Responsible Federal Budget is located in Washington, DC. The organization was established in 1982. According to its NTEE Classification (W22) the organization is classified as: Public Finance, Taxation & Monetary Policy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Committee For A Responsible Federal Budget employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Committee For A Responsible Federal Budget 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 12/2023, Committee For A Responsible Federal Budget generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $4.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

A NONPARTISAN, NONPROFIT ORGANIZATION COMMITTED TO EDUCATING THE PUBLIC, POLICYMAKERS, AND THE MEDIA ABOUT ISSUES THAT HAVE SIGNIFICANT FISCAL POLICY IMPACT. THE COMMITTEE IS MADE UP OF SOME OF THE NATION'S LEADING BUDGET EXPERTS INCLUDING MANY OF THE PAST CHAIRS AND DIRECTORS OF THE CONGRESSIONAL BUDGET COMMITTEES, THE CONGRESSIONAL BUDGET OFFICE, THE OFFICE OF MANAGEMENT AND BUDGET AND THE GOVERNMENT ACCOUNTABILITY OFFICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

POLICY - THE POLICY TEAM CONDUCTS AND PUBLISHES ORIGINAL RESEARCH ON TIMELY FISCAL ISSUES, SUMMARIZES AND ANALYZES CURRENT AND PROPOSED BUDGET-RELATED LEGISLATION, AND DEVELOPS RESOURCES TO HELP POLICYMAKERS, THE MEDIA, AND THE PUBLIC GAIN A BETTER UNDERSTANDING OF THE FEDERAL BUDGET SITUATION AND THE NATION'S FISCAL OUTLOOK.


PUBLIC ENGAGEMENT - THE PUBLIC ENGAGEMENT TEAM WORKS WITH CIVIC, EDUCATIONAL, BUSINESS, AND ECONOMIC GROUPS AND THE MEDIA TO EDUCATE AND ENGAGE THE PUBLIC ABOUT THE NATION'S LONG-TERM FISCAL CHALLENGES.


INITIATIVES - THE ORGANIZATION DEVELOPS KEY INITIATIVES TO ADDRESS PRESSING POLICY ISSUES. DURING 2023, THE ORGANIZATION HAD TWO ACTIVE INITIATIVES, FIXUS AND HEALTH SAVERS. FIXUS CONVENES DIVERSE STAKEHOLDERS AND ADVANCES RESEARCH WITH THE GOAL OF UNDERSTANDING THE ROOT CAUSES OF OUR GROWING NATIONAL DIVISIONS AND HOW THEY CAN BE ADDRESSED. HEALTH SAVERS IS A COLLABORATIVE RESEARCH PROJECT TO DEVELOP BOLD POLICY SOLUTIONS TO LOWER HEALTH CARE COSTS.


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Board, Officers & Key Employees

Name (title)Compensation
Maya Macguineas
President
$536,494
Mitch Daniels
Co-Chair
$0
Leon Panetta
Co-Chair
$0
Tim Penny
Co-Chair And Secretary
$0
Marne Obernauer
Treasurer
$0
Barry Anderson
Director
$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$3,898,036
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,898,036
Total Program Service Revenue$75,000
Investment income $161,840
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 $4,137,343

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