KABOOM! engages in activities designed to ensure all kids, especially those living in communities affected by disinvestment, have access to great, safe places to play. The organization works to drive the national discussion about the importance of creating and equitably expanding opportunities for play to make it as easy as possible for kids to learn, explore, grow and just be kids. KaBOOM! seeks to eliminate barriers to play for the kids who need it most through various play solutions, including Built It with KaBOOM! playspace projects, Creative Play Products (Imagination Playground and Rigamajig) and Play Everywhere and Built It Yourself grants, each designed to make it easier for kids to play across the country. Through media opportunities, conference attendance and developing relationships with funders, city leaders, and community advocates, KaBOOM! seeks to lead the conversation and drive communications to support the advancement of its mission and to educate and inspire stakeholders and communities to take action to ensure all kids have the opportunities to play.
For the year ended December 31, 2018, KaBOOM!'s program expenses were:
Direct impact |
$21,789,966 |
Thought leadership |
$2,059,543 |
Total Program Expenses: |
$23,849,509 |
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 19% of related contributions. (Related contributions, which totaled $11,440,864, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on KaBOOM!'s audited financial statements - consolidated for the year ended December 31, 2018.
Source of Funds |
Contracted program services |
$18,354,797 |
Contriubutions and grants |
$10,826,364 |
In-kind contributions |
$614,500 |
Investment income loss, net |
($498,185) |
Total Income |
$29,297,476 |
- Programs: 88%
- Fundraising: 8%
- Administrative: 4%
Total Income |
$29,297,476 |
Program expenses |
$23,849,509 |
Fundraising expenses |
$2,147,606 |
Administrative expenses |
$1,247,880 |
Other expenses |
$0 |
Total expenses: |
$27,244,995 |
Income in Excess of Expenses |
$2,052,481 |
Beginning Net Assets |
$14,183,021 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$16,235,502 |
Total Liabilities |
$6,659,860 |
Total Assets |
$22,895,362 |
Note: According to KaBOOM!'s audited financial statements for the year ended December 31, 2018, the organization received in-kind contributions totaling $614,500 in the form of professional services ($215,850), legal ($148,479), search engine marketing ($133,775), playspots development ($101,375), and food ($15,021).