Philemon Foundation EIN 20-0417581 Form 990 (PDF) Claim this org

Philemon Foundation FY2020 filing

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Publishes scholarly editions of C.G. Jung's complete works. For fiscal year 2020 it reported $356K in revenue, $191K in expenses, and $221K in net assets.Pt I

Type
Public charity (501(c)(3)) · Social Science
Location
New York, NY
Website
philemonfoundation.org
Filings
6 on file (2020–2020)
Revenue
$356KFY2020
Expenses
$191K
Net assets
$221K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-0417581 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Publishes scholarly editions of C.G. Jung's complete works.
Leadership
Michael Marsman · Treasurer · $10K
Money in and out
$356K revenue, $191K expenses
Bottom line
82% program efficiency
Where the money goes · FY2020
Total revenue
$356K
Pt VIII · Ln 12
Total expenses
$191K
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $164K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs
Operating runway
14.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+46%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$356K
FY2020
Expenses
$191K
FY2020
Total assets
$414K
FY2020
Total liabilities
$193K
FY2020
Total revenue
$356K
Pt VIII · Ln 12
Total expenses
$191K
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$164K
Total assetsPt X · Ln 16$414K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhilemon Foundation
EINHdr · item D20-0417581
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jphilemonfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFSocial Science (V23)
Ruling yearIRS BMFJul 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$10,050Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Michael Marsman’s $7K as Treasurer is at the 3rd percentile of top reported officer pay among 157 $100K–1M social science nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Michael Marsman$7,250$10,050

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $157K of program spending, described in the organization's own filed words · FY2020.
01

The philemon foundation supports the editing, translating and preparing for publication of previously unpublished works by c. G. Jung, with the agreement and collaboration of the foundation of the works of c. G. Jung. When published these works form part of the philemon series (these have been with routledge, w. W.

$157Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$316K · 89%
Program service revenue$39K · 11%
Contributions & grants89%$316K
Program service revenue11%$39K
Investment income$5
Other revenue$696
Total revenueLn 12$356K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$157K
Management & general18%$34K
Total functional expensesLn 25$191K

Balance Sheet

Part X · end of year
CashLn 1$227K
Total assetsLn 16$414K
Total liabilitiesLn 26$193K
Total net assetsLn 32$221K
Months of cash on handcomputed14.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $227K · Operating expenses/yr $191K
14.2 months
Where the money goes
Program services
Program services $157K · Total expenses $191K
82%
Management & General
Management & general $34K · Total expenses $191K
18%
Fundraising
Fundraising $0 · Total expenses $191K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $316K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $316K · Total revenue $356K
89%
Government reliance
Government grants — · Total revenue $356K
Earned-income share
Program service revenue $39K · Total revenue $356K
11%
Investment reliance
Investment income $5 · Total revenue $356K
<0.01%
Program self-sufficiency
Program service revenue $39K · Total expenses $191K
20%
Growth & trend
Revenue growth (YoY)
This year $356K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $221K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $356K · Expenses $191K
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $414K
Net-asset ratio
Net assets $221K · Total assets $414K
53%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $414K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Marsman · Reported title TREASURER · Highest reported compensation $10K · Total expenses $191K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $10K · Total expenses $191K
5%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Fundraising cost ratio 0%
Legal fee ratio 0.1%
Accounting fee ratio 0.5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$250

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$106K revenue · ⤓ 990 PDF
FY2024$115K revenue · ⤓ 990 PDF
FY2023$173K revenue · ⤓ 990 PDF
FY2022$171K revenue · ⤓ 990 PDF
FY2021$423K revenue · ⤓ 990 PDF
FY2020$356K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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