THE CODEX FOUNDATION

EIN: 113763607 501(c)(3) Arts, Culture & Humanities

BERKELEY, CA

Total Revenue
$180,771
Total Expenses
$417,787
Total Assets
$1,857,962
Net Assets
$1,855,447
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
INGE BRUGGEMAN
Phone
5104047736
Tax Period
2024-01-01 to 2024-12-31

THE CODEX FOUNDATION, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $181K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $418K exceeded revenue, resulting in a 131% operating deficit.

Mission

THE CODEX FOUNDATION LOGAN BOOK ARTS CENTER AIMS TO BE A VITAL PART OF THE ARTS AND CULTURE COMMUNITY IN BERKELEY AND BEYOND, FOCUSING ON THE BOOK AS A WORK OF ART-A DYNAMIC CROSSROADS BETWEEN THE VISUAL AND LITERARY ARTS.

Program Service Accomplishments

Program 1
Expenses: $62,251 Revenue: $57,302

THE FOUNDATION HAS AN ACTIVE PUBLISHING PROGRAM. ITS FUNCTION IS TO EDUCATE THE PUBLIC ABOUT THE BOOK AS A WORK OF ART. PUBLISHING ALSO ADVANCES THE CAREERS OF THOSE WORKING IN THE FIELD BY SHARING...

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THE FOUNDATION HAS AN ACTIVE PUBLISHING PROGRAM. ITS FUNCTION IS TO EDUCATE THE PUBLIC ABOUT THE BOOK AS A WORK OF ART. PUBLISHING ALSO ADVANCES THE CAREERS OF THOSE WORKING IN THE FIELD BY SHARING AND PROMOTING THEIR WORK. OUR PUBLICATIONS CONTRIBUTE TO THE DIALOGUE, SCHOLARSHIP, AND CRITICAL THEORY SURROUNDING ARTISTS' BOOKS WITHIN THE FIELD OF CONTEMPORARY ART. THE FOUNDATION CONTINUES TO PUBLISH ITS JOURNAL, MONOGRAPH SERIES, EXHIBITION CATALOGS, AND SPECIAL BOXED PORTFOLIOS CONTAINING ORIGINAL PRINTS AND WORKS ON PAPER. ANOTHER ASPECT OF OUR PUBLISHING PROGRAM IS A WORKSHOP LED BY ONE OF OUR COFOUNDERS ON MOST SATURDAYS. HE LEADS A GROUP OF COMMUNITY MEMBERS IN THE CREATION OF POETRY CHAPBOOKS USING VARIOUS PRINTMAKING AND BOOKBINDING TECHNIQUES.

Program 2
Expenses: $108,939 Revenue: $3,700

WE OFFER PUBLIC-FACING EVENTS AND ACTIVITIES FROM OUR BRICK-AND-MORTAR LOCATION IN BERKELEY, SUCH AS EXHIBITIONS, LECTURES, AND WORKSHOPS. WE ALSO HAVE A GROWING LIBRARY, WHICH IS OPEN TO THE PUBLIC...

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WE OFFER PUBLIC-FACING EVENTS AND ACTIVITIES FROM OUR BRICK-AND-MORTAR LOCATION IN BERKELEY, SUCH AS EXHIBITIONS, LECTURES, AND WORKSHOPS. WE ALSO HAVE A GROWING LIBRARY, WHICH IS OPEN TO THE PUBLIC AND HOUSES ARTISTS' BOOKS, FINE PRESS PUBLICATIONS, AND A BOOK ARTS REFERENCE LIBRARY USED TO PROMOTE RESEARCH AND SCHOLARSHIP. WE HAVE A VIBRANT INTERNSHIP AND VOLUNTEER PROGRAM WHERE INDIVIDUALS INTERESTED IN THE FIELD GET TRAINING AND EXPERIENCE BY HELPING US WITH PROJECTS IN OUR HISTORIC LETTERPRESS STUDIO, BINDERY, AND LIBRARY. THEY WORK ON DESIGNING AND PRINTING VARIOUS EPHEMERA RELATED TO OUR ACTIVITIES AS A NONPROFIT, LEARNING THE HISTORY, CRAFT, AND TRADE SURROUNDING THE HISTORY, ART, AND CRAFT OF THE BOOK.

Program 3
Expenses: $140,064 Revenue: $52,872

THE FOUNDATION ORGANIZES A BIENNIAL INTERNATIONAL EXHIBITION AND SYMPOSIUM TO BRING THE COMMUNITY OF MAKERS, SCHOLARS, LIBRARIANS, AND CURATORS WITH THE PUBLIC. THE SYMPOSIUM FEATURES PROMINENT...

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THE FOUNDATION ORGANIZES A BIENNIAL INTERNATIONAL EXHIBITION AND SYMPOSIUM TO BRING THE COMMUNITY OF MAKERS, SCHOLARS, LIBRARIANS, AND CURATORS WITH THE PUBLIC. THE SYMPOSIUM FEATURES PROMINENT SPEAKERS WHO ARE EDUCATORS, WRITERS, AND ARTISTS, PROVIDING AN OPPORTUNITY TO HEAR FROM THE BEST IN THE FIELD. THE EXHIBITION BRINGS TOGETHER ARTISTS, CRAFTSPEOPLE, ACADEMICS, INDEPENDENT SCHOLARS, TEACHERS, AND COMMUNITY BOOK ART INSTITUTIONS. IT DEVELOPS EDUCATIONAL OPPORTUNITIES FOR THESE COMMUNITIES TO BETTER UNDERSTAND THE FIELD. THIS EVENT INVOLVES STUDENT GROUPS AND OFFERS BOTH RESEARCH SCHOLARSHIPS AND EMERGING ARTIST FELLOWSHIPS. COMMUNITY MEMBERS CAN GET INVOLVED AS VOLUNTEERS FOR FREE ENTRY TO THE EVENT, AND WE ARRANGE ADDITIONAL EVENTS IN COLLABORATION WITH COMMUNITY ORGANIZATIONS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $59,515
Program Service Revenue $113,874
Investment Income $5,506
Other Revenue $1,876
TOTAL REVENUE $180,771

Expense Breakdown

Grants Paid $0
Salaries & Benefits $177,318
Fundraising Expenses $42,913
Program Expenses $311,254
Other Expenses $240,469
TOTAL EXPENSES $417,787

Year-over-Year Comparison

2024 2023 Change
Revenue $180,771 $436,722 -0.6%
Expenses $417,787 $266,710 +0.6%
Net Income $-237,016 $170,012 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$155,186
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER KOCH BOARD PRESID 1.00
Officer Director
$0 $0 $0
RUSSELL MARET VICE-PRESIDE 1.00
Officer Director
$0 $0 $0
SUSAN FILTER SECRETARY/TR 1.00
Officer Director
$0 $0 $0
CAMDEN RICHARDS TREASURER 1.00
Officer Director
$0 $0 $0
CAROLEE CAMPBELL BOARD MEMBER 0.50
Director
$0 $0 $0
DUKE COLLIER BOARD MEMBER 0.50
Director
$0 $0 $0
FERNANDO ONDARZA BOARD MEMBER 0.50
Director
$0 $0 $0
HARRY REESE BOARD MEMBER 0.50
Director
$0 $0 $0
KENNETH SHURE BOARD MEMBER 0.50
Director
$0 $0 $0
INGE BRUGGEMAN EXECUTIVE DI 35.00
Officer
$85,500 $0 $85,500
DINA POLLACK MANAGING DIR 25.00
Officer
$34,843 $0 $34,843
JONATHAN GERKEN STUDIO MANAG 25.00
Officer
$34,843 $0 $34,843
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $180,771 $417,787 $1,857,962 $-237,016
2023 $436,722 $266,710 $2,095,600 $170,012
2023 $436,722 $266,710 $2,095,600 $170,012
2022 $1,993,074 $280,843 $1,924,356 $1,712,231
2021 $146,529 $233,219 $212,334 $-86,690
2020 $73,447 $195,097 $298,666 $-121,650
2019 $335,076 $235,843 $470,030 $99,233
2019 $288,608 $238,913 $420,281 $49,695
2018 $190,252 $149,674 $377,003 $40,578
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