Comic Relief Inc
- Assets
- $28.9m
- Revenue
- $35.8m
- Investments
- $0.0
- Employees
- 38
- Location
- New York, NY
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 01-0885377
Organization Overview
Comic Relief Inc, operating under the name Comic Relief Us, is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Comic Relief Us employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comic Relief Us 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 12/2021, Comic Relief Us generated $35.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $39.7m during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 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.
Since 2015, Comic Relief Us has awarded 100 individual grants totaling $145,432,126. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMIC RELIEF U.S. IS COMMITTED TO BREAKING THE CYCLE OF INTERGENERATIONAL POVERTY. (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
RED NOSE DAY IS A FUNDRAISING CAMPAIGN RUN BY THE NON-PROFIT ORGANIZATIONS COMIC RELIEF, INC (US) AND COMIC RELIEF (UK). IT IS PART OF A GLOBAL MOVEMENT THAT UNITES CELEBRITIES, COMEDY AND THE PUBLIC TO RAISE AWARENESS AND MONEY TO HELP CHILDREN IN NEED IN THE US AND INTERNATIONALLY. RED NOSE DAY HAS RAISED OVER $1 BILLION DOLLARS GLOBALLY IN THE LAST 25 YEARS. IN 2021, THE SEVENTH ANNUAL RED NOSE DAY WAS HELD ON MAY 27, 2021. WITHIN THE FIRST SEVEN YEARS, RED NOSE DAY HAS RAISED OVER $265 MILLION IN AMERICA. MONEY RAISED IS USED TO ADDRESS THE IMMEDIATE NEEDS OF CHILDREN BY MAKING GRANTS TO ORGANIZATIONS TO KEEP KIDS SAFE, HEALTHY, EDUCATED AND EMPOWERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Moore Non-Voting Chief Executive Officer | OfficerTrustee | 40 | $357,221 |
Mary Corigliano SVP Brand & Marketing | 40 | $234,334 | |
Lauren Spitzer SVP Fundraising & Development | 40 | $205,290 | |
Lisa Gadson-Clark VP Hr/people | 40 | $164,396 | |
Ridwan Adhami Creative Director (as Of 02/2021) | 40 | $149,279 | |
William Kehoe Chief Financial Officer | Officer | 40 | $147,029 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
One Hundred Inc Pr & Communications | 12/30/21 | $350,624 |
Leigh Sobhani Production Services | 12/30/21 | $214,898 |
Wendy Jeanne Gill Production Services | 12/30/21 | $115,685 |
Publicis Communications Marketing & Media Services | 12/30/21 | $241,800 |
Duende Media Inc Digital Services | 12/30/21 | $193,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $554,612 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,265,164 |
| Noncash contributions included in lines 1a–1f | $93,029 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,819,776 |
| Total Program Service Revenue | $0 |
| Investment income | $10,744 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,032 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,831,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,259,455 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $13,507,909 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $517,541 |
| Compensation of current officers, directors, key employees. | $119,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,913,526 |
| Pension plan accruals and contributions | $98,184 |
| Other employee benefits | $285,700 |
| Payroll taxes | $244,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,036 |
| Fees for services: Accounting | $140,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,214,861 |
| Advertising and promotion | $265,218 |
| Office expenses | $297,501 |
| Information technology | $520,415 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,660 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,450 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $61,222 |
| All other expenses | $0 |
| Total functional expenses | $39,682,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,092,044 |
| Pledges and grants receivable | $697,201 |
| 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 | $74,278 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,078,276 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,941,799 |
| Accounts payable and accrued expenses | $321,383 |
| Grants payable | $19,891,489 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $586,807 |
| Total liabilities | $20,799,679 |
| Net assets without donor restrictions | $8,115,015 |
| Net assets with donor restrictions | $27,105 |
| 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 | $28,941,799 |
Grants Awarded
Over the last fiscal year, Comic Relief Inc has awarded $18,259,455 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: PROGRAM SUPPORT | $2,500,000 |
New York, NY PURPOSE: PROGRAM SUPPORT | $2,250,000 |
Boston, MA PURPOSE: PROGRAM SUPPORT | $2,200,000 |
New York, NY PURPOSE: PROGRAM SUPPORT | $1,575,000 |
San Francisco, CA PURPOSE: PROGRAM SUPPORT | $1,000,000 |
Atlanta, GA PURPOSE: PROGRAM SUPPORT | $950,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Comic Relief Inc has recieved totaling $75.
| Awarding Organization | Amount |
|---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $50 |
Ruth R Greenberg Family Foundation Teaneck, NJ PURPOSE: POVERTY ASSISTANCE | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Comic Relief Inc New York, NY | $28,941,799 | $35,831,552 |
Anabaptist Foundation Lewisburg, PA | $47,495,861 | $36,276,504 |
The Lenfest Inst For Journalism Spe Asset Fund Of The Phl Foundation Philadelphia, PA | $99,634,192 | $14,397,650 |
Givinga Foundation Inc Wellesley, MA | $2,876,364 | $15,849,424 |
Justgive Inc Weston, CT | $5,012,575 | $11,301,311 |
Clara Lionel Foundation New York, NY | $44,086,810 | $23,596,509 |
Visionspring New York, NY | $15,269,850 | $12,679,680 |
America Gives Inc New York, NY | $1,069,288 | $7,827,978 |
Foundations In Education Inc Bridgeport, CT | $36,181,181 | $11,526,982 |
Grant Recommendation Fund Spring Valley, NY | $460,055 | $4,767,095 |
Yougivegoods Foundation Inc Mendham, NJ | $162,103 | $4,310,625 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |