Taxpayers For Common Sense is located in Washington, DC. The organization was established in 1996. 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 12/2021, Taxpayers For Common Sense employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taxpayers For Common Sense 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, Taxpayers For Common Sense generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TAXPAYERS FOR COMMON SENSE (TCS) IS A NONPARTISAN BUDGET WATCHDOG SERVING AS AN INDEPENDENT VOICE FOR AMERICAN TAXPAYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGRICULTURE PROGRAM - TCS EDUCATES THE PUBLIC AND POLICY MAKERS ABOUT FEDERAL AGRICULTURE POLICY; EMPHASIZING REFORMS TO CREATE A COST-EFFECTIVE AND TRANSPARENT SAFETY NET FOR AGRICULTURAL PRODUCERS; AND WAYS TO ELIMINATE EXPENSIVE SUBSIDIES AND PROGRAMS THAT WASTE TAXPAYER MONEY. ACTIVITIES INCLUDED FARM BILL POLICY ANALYSIS AND RECOMMENDATIONS THAT WOULD MAXIMIZE THE TAXPAYER BENEFITS OF FEDERAL SUBSIDIES; IMPROVING CROP INSURANCE COMPLIANCE AND REPORTING; MONITORING AND REPORTING CONSERVATION PROGRAM PERFORMANCE; NEW OR EXPANDED SUBSIDIES FOR CORN ETHANOL PRODUCTION AND UNSUSTAINABLE BIOMASS SOURCES; EXPANSION OF FEDERAL MANDATES FOR CORN ETHANOL AND OTHER CORN-DERIVED FUELS; SUBSIDIES THAT ARTIFICIALLY SUPPORT SPECIFIC INDUSTRIES. TCS PRODUCED SUBSTANTIVE POSTS ON ITS WEBSITE AND SOCIAL MEDIA, OPINION PIECES IN MEDIA, AND PRODUCED VIDEOS THAT WERE DISTRIBUTED ON SOCIAL MEDIA.
BUDGET OVERSIGHT, INVESTIGATIONS, AND GENERAL PROGRAMS - TCS REVIEWS THE FEDERAL BUDGET, SPECIFICALLY, APPROPRIATIONS, TAX TRENDS, AND COSTS OF FEDERAL SPENDING. TCS EDUCATES THE PUBLIC AND POLICY MAKERS ABOUT THE NEED FOR EVIDENCE-BASED GOVERNMENT AND CLEAR FEDERAL PRIORITIZATION. TCS ANALYSES SPENDING PROPOSALS, INVESTIGATES DISCRETE FUNDING PROVISIONS, AND IDENTIFIES ACTUAL BENEFICIARIES WHERE POSSIBLE. THIS IS AN EFFORT TO INCREASE TRANSPARENCY IN THE BUDGET PROCESS TO BETTER SERVE THE AMERICAN TAXPAYER, AND HOLD MEMBERS OF CONGRESS AND THE ADMINISTRATION DIRECTLY ACCOUNTABLE FOR SPENDING DECISIONS. GENERAL PROGRAMS INVOLVE ACTIVITIES ON TIMELY ISSUES OF GOVERNMENT WASTE, TRANSPARENCY, AND FUNCTIONS NOT DIRECTLY REFLECTED IN THE OTHER PROGRAM CATEGORIES. ACTIVITIES INCLUDED PRODUCTION AND WIDE DISTRIBUTION OF EDUCATIONAL MATERIALS ON THE FEDERAL DEBT AND DEFICIT, THE APPROPRIATIONS AND BUDGET PROCESSES, AND TAX POLICY. TCS PRODUCED AND DISTRIBUTED REPORTS, ANALYSES, FACT SHEET AND OPINION PIECES ON THE PRESIDENT'S BUDGET AND TAX EXTENDER LEGISLATION. TCS UNDERTOOK EXTENSIVE PRESS OUTREACH, WITH COVERAGE IN MAJOR U.S. BROADCAST NEWS OUTLETS, OPINION-LEADER AND BUSINESS TRADE PRESS, AND LOCAL AND NATIONAL PRINT AND ONLINE OUTLETS. TCS PRODUCED AND DISTRIBUTED VIDEOS. TCS PROVIDED BACKGROUND INFORMATION FOR FACT CHECKERS AND INVESTIGATIVE JOURNALISTS. IN ADDITION TO SUBSTANTIVE POSTS AND REPORTS PUBLISHED ONLINE, TCS UPDATED THEIR SUBSCRIBERS WITH WEEKLY EMAILS ON THE FULL SPECTRUM OF ISSUE TOPICS. TCS ACTIVELY ENGAGED WITH ALLIES ACROSS THE POLITICAL SPECTRUM TO CREATE COMMON SENSE REFORMS AND RECOMMENDATIONS.
ENERGY & NATURAL RESOURCES PROGRAM - TCS WORKS TO ENSURE THAT THE FEDERAL GOVERNMENT MANAGES TAXPAYER ASSETS OF PUBLIC LANDS AND WATERS IN A MANNER THAT PROTECTS THEIR VALUE, DELIVERS A FAIR RETURN FROM PRIVATE INTEREST USE, AND AVOIDS LONG TERM LIABILITIES FOR THE TAXPAYER. THIS INCLUDES WORK DOCUMENTING TAXPAYER COSTS AND LIABILITIES ASSOCIATED WITH CLIMATE CHANGE AND WAYS TO MITIGATE THOSE COSTS WITH LESS BURDEN ON FUTURE TAXPAYERS. TCS EDUCATES THE PUBLIC AND POLICY MAKERS ABOUT ENERGY AND NATURAL RESOURCES POLICY, CLIMATE CHABGE IMPACTS AND POLICY, AND WORKS TO ELIMINATE HARMFUL AND WASTEFUL SPENDING THAT CREATES LONG TERM COSTS FOR TAXPAYERS. TCS COVERS A WIDE RANGE OF ENERGY, PUBLIC LANDS, AND RESOURCES ISSUES, PRODUCING AND DISTRIBUTING EDUCATIONAL MATERIALS SUCH AS, FEDERAL SUBSIDIES FOR BIOFUELS AND BIOMASS ENERGY; DOE LOAN GUARANTEE PROGRAM; THE COST OF SPECULATION IN FEDERAL OIL AND GAS LEASES; TCS ROUTINELY PRESENTS COMMENTS ON ADMINISTRATION RULES AND TESTIFIES BEFORE THE HOUSE AND SENATE. REPORTS, FACT SHEETS, AND ANALYSIS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE TCS WEBSITE AND ARE ACTIVELY PROMOTED THROUGH SOCIAL MEDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Ellis President | Officer | 40 | $165,000 |
Autumn Hanna Vice President | 40 | $125,266 | |
Wendy Jordan Senior Policy Analyst | 40 | $120,598 | |
Nazlin Bhimji Director | Trustee | 0.5 | $0 |
Mark Smith Board Chair | Trustee | 0.5 | $0 |
Dev Braganza Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $173,800 |
All other contributions, gifts, grants, and similar amounts not included above | $2,296,108 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,469,908 |
Total Program Service Revenue | $0 |
Investment income | $16,645 |
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 | $2,504,065 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $455,432 |
Compensation of current officers, directors, key employees. | $17,168 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $503,353 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $72,507 |
Payroll taxes | $74,055 |
Fees for services: Management | $0 |
Fees for services: Legal | $302 |
Fees for services: Accounting | $52,614 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,062 |
Fees for services: Other | $365,482 |
Advertising and promotion | $6,164 |
Office expenses | $59,809 |
Information technology | $5,422 |
Royalties | $0 |
Occupancy | $148,564 |
Travel | $106 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $200 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,014 |
Insurance | $9,751 |
All other expenses | $35,298 |
Total functional expenses | $1,796,135 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $185,576 |
Savings and temporary cash investments | $888,497 |
Pledges and grants receivable | $695,025 |
Accounts receivable, net | $49,983 |
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 | $12,197 |
Net Land, buildings, and equipment | $8,446 |
Investments—publicly traded securities | $381,026 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $550 |
Total assets | $2,221,300 |
Accounts payable and accrued expenses | $54,896 |
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 | $54,896 |
Net assets without donor restrictions | $1,323,364 |
Net assets with donor restrictions | $843,040 |
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 | $2,221,300 |
Over the last fiscal year, we have identified 17 grants that Taxpayers For Common Sense has recieved totaling $2,018,026.
Awarding Organization | Amount |
---|---|
Resources Legacy Fund Sacramento, CA PURPOSE: LAND OR MARINE CONSERVATION, PROMOTION OF EDUCATION AND/OR HEALTHY COMMUNITIES | $400,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF THE CLIMATE ACCOUNTABILITY CAMPAIGN. | $300,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF THE CLIMATE ACCOUNTABILITY CAMPAIGN | $300,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF THE CLIMATE ACCOUNTABILITY CAMPAIGN. | $300,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT EFFICIENCY IN FEDERAL AGRICULTURAL SPENDING. | $220,000 |
Tortuga Foundation New York, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $100,000 |
Beg. Balance | $725,368 |
Net Contributions | $95,000 |
Other Expense | $1,155,127 |
Ending Balance | -$334,759 |
Organization Name | Assets | Revenue |
---|---|---|
Freedomworks Inc Washington, DC | $3,468,084 | $5,609,429 |
Center For Strategic And Budgetary Assessments Washington, DC | $2,639,810 | $6,371,347 |
Council On State Taxation Washington, DC | $3,072,367 | $4,726,725 |
Committee For A Responsible Federal Budget Washington, DC | $2,854,266 | $5,338,402 |
Aga Alexandria, VA | $6,831,962 | $5,483,639 |
International Tax & Investment Center Washington, DC | $3,853,010 | $2,633,793 |
Prosperity Alliance Inc Fairfax, VA | $1,099,186 | $3,530,000 |
Operation Lifesaver Inc Washington, DC | $1,419,478 | $2,622,409 |
Republican Governors Public Policy Committee Washington, DC | $3,734,909 | $3,934,225 |
Commonwealth Institute For Fiscal Analysis Richmond, VA | $3,474,221 | $2,951,328 |
Taxpayers For Common Sense Washington, DC | $2,221,300 | $2,504,065 |
Native American Financial Services Association Washington, DC | $167,087 | $793,241 |