American Affairs Foundation Inc
- Assets
- $541.7k
- Revenue
- $853.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/2017
- Data as of
- 06/2022
- EIN
- 81-4814174
Organization Overview
American Affairs Foundation Inc is located in Boston, MA. The organization was established in 2017. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Affairs Foundation Inc 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 06/2022, American Affairs Foundation Inc generated $853.5k in total revenue. All expenses for the organization totaled $694.4k during the year ending 06/2022. While expenses have increased by 19.3% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PUBLISH A PERIODICAL IN ONLINE, DIGITAL, PRINT, AND/OR OTHER FORMATS, AVAILABLE TO A GENERAL AUDIENCE, WITH ORIGINAL SCHOLARLY CONTENT CONCERNING MATTERS OF EDUCATIONAL, LITERARY, AND CIVIL IMPORTANCE: AND TO SUPPORT AND PROMOTE THE CONDUCT AND DISSEMINATION OF EDUCATIONAL, LITERARY, CIVIC, AND SCIENTIFIC RESEARCH AND SHOLARSHIIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN AFFIARS FOUNDATION INC. PUBLISHES A QUARTERLY JOURNAL OF PUBLIC POLICY AND POLITICAL THOUGHT, IN PRINT AND DIGITAL EDITIONS. THE JOURNAL WILL PUBLISH SCHOLARLY ESSAYS AND RESEARCH CONCERNING TOPICS OF A CIVIC EDUCATIONAL, SCIENTIFIC, AND/OR LITERARY CHARACTER. THE ORGANIZATION MAY OCCASIONALLY PROVIDE FUNDING FOR RESEARCH SUPPORTING COMMISSIONED ARTICLES. THE ORGANIZATION MAY HOST COLLOQUIA CONFERENCES, PANEL DISCUSSIONS, OR OTHER EVENTS FOR THE DISCUSSIOON OF TOPICS RELATED TO PUBLIC POLICY AND POLITICAL THOUGHT AND ASSOCIATED SCHOLARLY THEMES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julius Krein President | OfficerTrustee | 40 | $0 |
Gladden Pappin Clerk | OfficerTrustee | 10 | $0 |
Christopher Laconi Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Belisarius Advisors Llc Professional Services | 6/29/22 | $328,000 |
Tiger Press Printing Services | 6/29/22 | $123,210 |
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 | $751,693 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $751,693 |
| Total Program Service Revenue | $101,761 |
| 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 | $853,454 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| Grants and other assistance to domestic individuals. | $25,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $338,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $34,858 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,308 |
| Advertising and promotion | $0 |
| Office expenses | $118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,373 |
| Travel | $13,701 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,344 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $694,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,440 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $125,000 |
| 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 | $1,745 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,555 |
| Total assets | $541,740 |
| Accounts payable and accrued expenses | $126,799 |
| Grants payable | $0 |
| Deferred revenue | $37,676 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $30,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $159,241 |
| Total liabilities | $353,716 |
| Net assets without donor restrictions | -$11,976 |
| Net assets with donor restrictions | $200,000 |
| 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 | $541,740 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that American Affairs Foundation Inc has recieved totaling $930,000.
| Awarding Organization | Amount |
|---|---|
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $300,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $150,000 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $150,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR SUPPORT OF THE RIGHT-OF-CENTER ALTERNATIVES TO NEOLIBERALISM | $125,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR SUPPORT OF THE RIGHT-OF-CENTER ALTERNATIVES TO NEOLIBERALISM | $125,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR STRENGTHENING FUNDRAISING CAPACITY AND PLANNING | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Look Media Works Inc New York, NY | $8,923,263 | $13,712,748 |
Technology Review Inc Cambridge, MA | $6,822,000 | $19,424,000 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
Retro Report Inc Mystic, CT | $1,128,827 | $6,590,447 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |
Harvard Magazine Incorporated Cambridge, MA | $2,271,377 | $3,610,627 |
American Booksellers Assoc Inc White Plains, NY | $43,213,298 | $1,963,902 |