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Nonprofit · EIN 85-0995395

INCOME MOVEMENT FOUNDATION

Tax-exempt · PORTLAND, OR 97214

Financials

$376K$327K2023$1M$588K2024
Revenue Expenses · by fiscal year end
Financials of INCOME MOVEMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,026,351$587,962$438,389$479,637$1,820$477,817
December 31, 2023990$376,027$327,308$48,719$70,228$10,800$59,428
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$964,690
Program service revenue
$61,661
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$80,000
Other salaries and wages
$134,708
Salaries, compensation and benefits (total)
$264,519
Professional fundraising fees
$45,288
Accounting fees
$27,384
Occupancy
$315
Travel
$20,359
Program services (functional)
$369,245
Management and general (functional)
$172,286
Fundraising (functional)
$46,431

Balance sheet and other

Total assets, start of year
$70,228
Total assets, end of year
$479,637
Total liabilities, end of year
$1,820
Net assets, end of year
$477,817
Net assets without donor restrictions
$477,817
Gross receipts
$1,026,351
Employees
5
Volunteers
15
Year formed
2020
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STACEY RUTLANDPRESIDENT
Trustee or director, Officer
0.25$80,000
CRYSTAL RUTLANDTREASURER
Trustee or director, Officer
0.25$0
CHRISTOPHER PANIZZONSECRETARY
Trustee or director, Officer
0.25$0
GISELE HUFFDIRECTOR
Trustee or director
0.25$0
KHEA POLLARDDIRECTOR
Trustee or director
0.25$0
ANDREW STERNDIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
STACEY RUTLANDPRESIDENT
Trustee or director, Officer
0.25$49,733
JOON AE HAWORTH-KAUFKASECRETARY (THROUGH JUNE 2023)
Trustee or director, Officer
0.25$21,925
CRYSTAL RUTLANDTREASURER
Trustee or director, Officer
0.25$0
CHRISTOPHER PANIZZONDIRECTOR & SECRETARY
Trustee or director, Officer
0.25$0
GISELE HUFFDIRECTOR
Trustee or director
0.25$0
ANDREW STERNDIRECTOR
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
215 SE 9TH AVE STE 307, PORTLAND, OR 97214-1358
Principal officer (990 for 2024)
STACEY RUTLAND, 215 SE 9TH AVENUE 307, PORTLAND, OR 97214
Signed the 990
STACEY RUTLAND, PRESIDENT
Phone
(503) 250-4935
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

EDUCATE THE COMMUNITY AND BUILD AN ECONOMIC JUSTICE MOVEMENT FOR THE ADOPTION OF A UNIVERSAL BASIC INCOME IN THE UNITED STATES OF AMERICA.

990 for the year ended December 31, 2024

Program accomplishments

  • INCOME MOVEMENT FOUNDATION PROVIDED EDUCATION SERVICES (ROUND-TABLES, PUBLICATIONS, SOCIAL MEDIA CAMPAIGNS, ETC.) RELATED TO UNIVERSAL BASIC INCOME. WE ALSO SUPPORTED BASIC INCOME PILOT PROGRAMS TO STRENGTHEN COMMUNITY RELATIONSHIPS THROUGH EDUCATIONAL EVENTS AND PROGRAMS. WE CONTINUED TO BUILD THE INFRASTRUCTURE AND OPPORTUNITIES FOR THE BROADER COMMUNITY OF PRACTITIONERS AND RESEARCHERS, ALLOWING INTERESTED PARTIES TO COME TOGETHER AND LEARN FROM EACH OTHER.
    Expenses $369,245 · revenue $61,661

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-0995395
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$479,637
Income (IRS master file)
$1,026,351

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,026,351$587,962$479,637IRS
990December 2023$376,027$327,308$70,228XML
990December 2022$393,492$366,795$35,987IRS
990December 2021$352,391$415,374$14,012IRS
990-EZDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-0995395).

Questions about INCOME MOVEMENT FOUNDATION

What is the EIN of INCOME MOVEMENT FOUNDATION?
The employer identification number (EIN) of INCOME MOVEMENT FOUNDATION is 85-0995395.
Is INCOME MOVEMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to INCOME MOVEMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INCOME MOVEMENT FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INCOME MOVEMENT FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INCOME MOVEMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INCOME MOVEMENT FOUNDATION?
The 990 for the year ended December 31, 2024 names STACEY RUTLAND.
Who are the officers and directors of INCOME MOVEMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $80,000 (STACEY RUTLAND, PRESIDENT).
How much revenue does INCOME MOVEMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,026,351, expenses of $587,962 and total assets of $479,637 at year end.

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