Basedpolitics is committed to providing educational, engaging content that advances free markets and individual liberty through emerging media and influencer marketing. We strive to teach people how to think, bridge the partisan gap, and form a community with diverse audiences.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-4207995) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$158K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $96K a year · 33% of revenue · last 3 filings
A surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$158K
to officers and key staff · 51% of spending
Pay to officers and key staff is 51% of spending.
Part VII, Section A
11.1 mo
of spending, in cash
11.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $196K
5 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
1
of 3 voting members
1 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$318K
-0.05% vs prior year
Spent
$310K
To programs
92%
Net assets
$287K
By yearFY2022–FY2024
Revenue
$318K
FY2024-0.05%
Tap a bar for its year
Revenue by fiscal year
FY2022$241K
FY2023$319K
FY2024$318K
Expenses
$310K
FY2024▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2022$35K
FY2023$246K
FY2024$310K
Net assets
$287K
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2022$206K
FY2023$279K
FY2024$287K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $284K Management & general 8% · $26K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990; $158K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$87,365Pt VII · Sec A
$71,055Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Brad Palumbo’s $87K as CFO is at the 65th percentile of top reported officer pay among 1031 $100K–1M civil rights & advocacy 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022
Brad Palumbo$87,365$70,000$11,667
Hannah Cox$71,055$70,000$11,667
Jack Hunter—$21,120—

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.

See Based Politics INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates and engages people on free markets and individual liberty using new media.

Questions for Based Politics INC

Tap to ask. Based Politics INC sees how many people are interested.

Your first name shows with your question. Based Politics INC answers here, for everyone.

1 program · $284K · in their own filed words · FY2024
01

In 2024, basedpolitics achieved millions of impressions, created thousands of pieces of content, and appeared in dozens of publications. But not only was our work visible, it was impactful.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-4207995) · Dispute this line
$284Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 5 funders$196K
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$318K
Ln 12
Gifts and grantsLn 1h$257K
Other incomeLn 4–11$62K
Investment incomeLn 3$28
Money outPt IX
$310K
Ln 25
Programscol B$284K
Managementcol C$26K
Owns and owesPt X
$287K
net assets · Ln 32
Cash and savingsLn 1–2$287K
Total assetsLn 16$287K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$257K
Investment incomeLn 3$28
Other incomeLn 4–11$62K
Total revenueLn 12$318K
Assets in detailPt X, end of year
CashLn 1$15K
SavingsLn 2$272K
Cash and savings togetherLn 1–2$287K
Total assetsLn 16$287K
LiabilitiesLn 26$0
Net assetsLn 32$287K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$279K$287K
Total assetsLn 16$279K$287K
LiabilitiesLn 26$0$0
Net assetsLn 32$279K$287K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$158K$150K$8K
Other employee benefitsLn 9$7K$7K$386
Payroll taxesLn 10$13K$12K$670
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$49K$49K
Advertising and promotionLn 12$60K$60K
Office expensesLn 13$913$913
Information technologyLn 14$106$106
TravelLn 17$3K$3K
InsuranceLn 23$6K$2K$4K
Other expenses (24a–d)Ln 24$1K$157$1K
Total functional expensesLn 25$310K$284K$26K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $318K$310K$8K$287K 990 PDF
FY2023Filed with the IRS Nov 7, 2024 $319K$246K$73K$279K 990 PDF
FY2022Filed with the IRS Nov 1, 2023 $241K$35K$206K$206K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $318,472 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $231,650$256,753
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$28
I-11 Other revenuePrior year $86,996$61,691
I-12 Total revenuePrior year $318,646$318,472
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $170,559$178,275
I-16a Professional fundraising feesPrior year $1,000$0
I-17 Other expensesPrior year $74,384$131,924
I-18 Total expensesPrior year $245,943$310,199
I-19 Revenue less expensesPrior year $72,703$8,273
Part VI · Governance 1 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members1
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $318,472 across 5 lines filed
VIII-1f All other contributions, gifts and grants$256,753
VIII-1h Total contributions, gifts and grants$256,753
VIII-3 Investment incomeExcluded from tax $28$28
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $61,691$61,691
VIII-12 Total revenueRelated to mission $61,691 · Unrelated business $0 · Excluded from tax $28$318,472
Part IX · Statement of functional expenses $310,199 across 11 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $150,000 · Management $8,420$158,420
IX-9 Other employee benefitsPrograms $6,865 · Management $386$7,251
IX-10 Payroll taxesPrograms $11,934 · Management $670$12,604
IX-11c Accounting feesManagement $10,500$10,500
IX-11g Other fees for servicesPrograms $49,288$49,288
IX-12 Advertising and promotionPrograms $60,483$60,483
IX-13 Office expensesManagement $913$913
IX-14 Information technologyPrograms $106$106
IX-17 TravelPrograms $2,994$2,994
IX-23 InsurancePrograms $2,409 · Management $3,738$6,147
IX-24 Other expenses (24a–d)Programs $157 · Management $1,336$1,493
IX-25 Total functional expensesPrograms $284,236 · Management $25,963 · Fundraising $0$310,199
Part X · Balance sheet $287,026 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $278,753$14,998
X-2 Savings and temporary cash investments$272,028
X-16 Total assetsStart of year $278,753$287,026
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $278,753$287,026
X-32 Total net assets or fund balancesStart of year $278,753$287,026
X-33 Total liabilities and net assetsStart of year $278,753$287,026
Part XI · Reconciliation of net assets $287,026 net assets at year end
XI-1 Total revenue$318,472
XI-2 Total expenses$310,199
XI-3 Revenue less expenses$8,273
XI-4 Net assets at start of year$278,753
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$287,026

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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