Burning Man Project
EIN: 452638273 · San Francisco, CA · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $56.8M |
| Total Expenses | $63.6M |
| Net Assets | $29.7M |
Is Burning Man Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Burning Man Project
Burning Man Project (EIN: 452638273) is a nonprofit organization based in San Francisco, CA, classified under NTEE code S20. The organization reported total revenue of $56.8M and total assets of $30.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burning Man Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burning Man Project is a major nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 53.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66.6M |
| Total Expenses | $63.6M |
| Surplus / Deficit | +$3.0M |
| Total Assets | $37.5M |
| Total Liabilities | $7.9M |
| Net Assets | $29.7M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 21.0% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Burning Man Project reported a surplus of $3.0M with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 21.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Burning Man Project's revenue has grown at a compound annual growth rate (CAGR) of 53.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.4% | +8.7% | +1.5% |
| 2022 | +125.5% | +133.0% | +20.5% |
| 2021 | +77.5% | +10.9% | +22.5% |
| 2020 | -66.3% | -50.8% | -21.0% |
| 2019 | -0.5% | +4.6% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Burning Man Project has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Burning Man Project with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.0%.
Frequently Asked Questions about Burning Man Project
Is Burning Man Project a legitimate charity?
Burning Man Project (EIN: 452638273) is a registered tax-exempt nonprofit based in California. It has 12 years of IRS 990 filings on record. Total revenue: $56.8M. No red flags identified. Financial health grade: A.
How does Burning Man Project spend its money?
Burning Man Project reported $56.8M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Burning Man Project tax-deductible?
Burning Man Project is registered as a tax-exempt nonprofit (EIN: 452638273). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Burning Man Project located?
Burning Man Project is headquartered in San Francisco, California and files with the IRS under EIN 452638273. It is classified under NTEE code S20.
How many years of IRS 990 filings does Burning Man Project have?
Burning Man Project has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $56.8M in total revenue.
Filing History
IRS 990 filing history for Burning Man Project showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Burning Man Project's revenue has grown by 11151.3%, moving from $592K to $66.6M. Total assets increased by 10095.7% over the same period, from $368K to $37.5M. Total functional expenses rose by 24370.3%, from $260K to $63.6M. In its most recent filing year (2023), Burning Man Project reported a surplus of $3.0M, with revenue exceeding expenses. The organization holds $7.9M in liabilities against $37.5M in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $29.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66.6M | $63.6M | $37.5M | $7.9M | — | — |
| 2022 | $62.6M | $58.5M | $37.0M | $10.3M | — | View 990 |
| 2021 | $27.7M | $25.1M | $30.7M | $8.5M | — | View 990 |
| 2020 | $15.6M | $22.7M | $25.1M | $5.5M | — | — |
| 2019 | $46.4M | $46.1M | $31.7M | $5.1M | — | View 990 |
| 2018 | $46.6M | $44.0M | $30.2M | $4.0M | — | View 990 |
| 2017 | $44.5M | $40.8M | $27.8M | $4.1M | — | View 990 |
| 2016 | $46.2M | $37.0M | $24.4M | $4.5M | — | View 990 |
| 2015 | $36.9M | $35.8M | $14.8M | $4.1M | — | View 990 |
| 2014 | $32.4M | $30.0M | $14.2M | $4.6M | — | View 990 |
| 2013 | $8.0M | $985K | $7.6M | $294K | — | View 990 |
| 2012 | $592K | $260K | $368K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66.6M, expenses of $63.6M, and assets of $37.5M (revenue +6.4% year-over-year).
- 2022: Revenue of $62.6M, expenses of $58.5M, and assets of $37.0M (revenue +125.5% year-over-year).
- 2021: Revenue of $27.7M, expenses of $25.1M, and assets of $30.7M (revenue +77.5% year-over-year).
- 2020: Revenue of $15.6M, expenses of $22.7M, and assets of $25.1M (revenue -66.3% year-over-year).
- 2019: Revenue of $46.4M, expenses of $46.1M, and assets of $31.7M (revenue -0.5% year-over-year).
- 2018: Revenue of $46.6M, expenses of $44.0M, and assets of $30.2M (revenue +4.7% year-over-year).
- 2017: Revenue of $44.5M, expenses of $40.8M, and assets of $27.8M (revenue -3.6% year-over-year).
- 2016: Revenue of $46.2M, expenses of $37.0M, and assets of $24.4M (revenue +25.2% year-over-year).
- 2015: Revenue of $36.9M, expenses of $35.8M, and assets of $14.8M (revenue +14.0% year-over-year).
- 2014: Revenue of $32.4M, expenses of $30.0M, and assets of $14.2M (revenue +306.9% year-over-year).
- 2013: Revenue of $8.0M, expenses of $985K, and assets of $7.6M (revenue +1244.3% year-over-year).
- 2012: Revenue of $592K, expenses of $260K, and assets of $368K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burning Man Project:
Data Sources and Methodology
This transparency report for Burning Man Project is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.