2024-11-14T09:52:59-06:00 2023-12-31 521022232 SNYDER COHN PC 11200 ROCKVILLE PIKE SUITE 415 NORTH BETHESDA MD 20852 990 2023-01-01 520788947 INSTITUTE FOR POLICY STUDIES INST 2022349382 1301 CONNECTICUT AVENUE NW 600 WASHINGTON DC 20036 TOPE FOLARIN EXECUTIVE DIRECTOR 2022349382 2024-11-11 1 0 KEITH JENNINGS P01319883 3016526700 2024-11-11 2023 2024-10-15 13:58:12Z TOPE FOLARIN 1301 CONNECTICUT AVENUE NW 600 WASHINGTON DC 20036 5630993 0 X WWW.IPS-DC.ORG X 1962 DC STRENGTHEN SOCIAL MOVEMENTS WITH INDEPENDENT RESEARCH AND VISIONARY THINKING. 15 14 38 66 0 0 5533777 4040836 164411 154531 88913 244532 -4457 7298 5782644 4447197 686508 81755 0 0 2851895 2853627 0 0 335850 1829444 1789689 5367847 4725071 414797 -277874 12708680 12035111 2791448 1568119 9917232 10466992 X THE INSTITUTE FOR POLICY STUDIES (THE INSTITUTE) IS A 60-YEAR-OLD ORGANIZATION THAT IS DEDICATED TO BUILDING A MORE EQUITABLE, ECOLOGICALLY SUSTAINABLE, AND PEACEFUL SOCIETY. IN PARTNERSHIP WITH DYNAMIC SOCIAL MOVEMENTS, IT TURNS TRANSFORMATIVE POLICY IDEAS INTO ACTION. 0 1 1796550 52955 NEW ECONOMY - IPS HAS BEEN A LEADER IN STRENGTHENING RESPONSES TO THE GLOBAL ECONOMY BY PROVIDING RESEARCH, WRITING AND COMMUNICATION. THIS PROJECT HAS PRODUCED COUNTLESS RESEARCH REPORTS, ARTICLES, FORUMS, AND BOOKS. 870926 COMMON SECURITY - THIS PROJECT WORKS TO COMBAT ECONOMIC INEQUALITY, ACHIEVE CLIMATE JUSTICE, AND BUILD PEACE REQUIRING SOLUTIONS DESIGNED TO DISMANTLE SYSTEMIC RACISM. IT'S FOCUSED ON FOREIGN POLICY BASED ON HUMAN RIGHTS, INTERNATIONAL LAW, AND DIPLOMACY OVER MILITARY INTERVENTION. 524513 154531 AFFILIATES - THE BLACK WORKER INITIATIVE (BWI) PROJECT CARRIES OUT RESEARCH AND ADVOCACY FOR BLACK WORKERS IN THE UNITED STATES SOUTH, WITH A FOCUS ON ALABAMA. THE NATIONAL PRIORITIES PROJECT (NPP) CARRIES OUT RESEARCH AND ADVOCACY THAT HELPS THE PUBLIC UNDERSTAND NATIONAL PRIORITIES THROUGH THE LENS OF THE FEDERAL BUDGET. 529465 COMMUNICATIONS - INEQUALITY.ORG - INEQUALITY.ORG IS THE PREMIER PORTALFOR THE PUBLIC AT LARGE, JOURNALISTS, TEACHERS, STUDENTS, ACADEMICS,ACTIVISTS, AND ANY OTHERS SEEKING INFORMATION AND ANALYSIS ON WEALTHAND INCOME INEQUALITY. ULTIMATELY, THE INSTITUTE'S MISSION IS TO CREATEAND CURATE HIGH-QUALITY RESEARCH AND INFORMATION, ALONG WITH COMPELLINGSTORIES, WITH THE GOAL OF ENDING ECONOMIC INEQUALITY IN THE U.S. ANDABROAD. OTHERWORDS - OTHERWORDS IS A FREE, NON-PROFIT EDITORIAL SERVICETHAT DISTRIBUTES PROGRESSIVE COMMENTARIES TO HEARTLAND NEWSPAPERSACROSS THE UNITED STATES. FOREIGN POLICY IN FOCUS - FOREIGN POLICY INFOCUS (FPIF) IS A "THINK TANK WITHOUT WALLS" CONNECTING THE RESEARCHAND ACTION OF MORE THAN 600 SCHOLARS, ADVOCATES, AND ACTIVISTS SEEKINGTO MAKE THE UNITED STATES A MORE RESPONSIBLE GLOBAL PARTNER. FPIFPROVIDES TIMELY ANALYSIS OF U.S. FOREIGN POLICY AND INTERNATIONALAFFAIRS AND RECOMMENDS POLICY ALTERNATIVES. 206920 28800 SPECIAL PROJECTS - THE INSTITUTE NURTURED THE DEVELOPMENT OF SEVERALPROJECTS WORKING TO BUILD A MORE JUST, PEACEFUL, AND SUSTAINABLE WORLDIN THE U.S. AND AROUND THE GLOBE. 108619 NEXT LEADERS - THE NEXT LEADERS PROGRAM BRINGS IN 10-15 NEXT LEADER INTERNS EACH YEAR FOR 10 WEEK PAID INTERNSHIPS, WITH AN EMPHASIS ON LOW-INCOME STUDENTS AND PEOPLE OF COLOR. 845004 28800 4036993 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 43 0 1 38 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY CA MD MA NM NC VA X X KATHLEEN GASPARD 2022349382 1301 CONNECTICUT AVENUE NW WASHINGTON DC 20036 SARITA GUPTA CHAIR 0.50 X X 0 0 0 JOHN POMERANZ TRUSTEE 0.50 X 0 0 0 BURKE STANSBURY TREASURER 0.50 X X 0 0 0 JOHN CAVANAGH SENIOR ADVISOR 37.50 X X 70000 0 21809 HEIDI PELTIER SECRETARY 0.50 X X 0 0 0 JAMES EARLY TRUSTEE 0.50 X 0 0 0 NOURA ERAKAT TRUSTEE 0.50 X 0 0 0 JODIE EVANS TRUSTEE 0.50 X 0 0 0 KATRINA VANDEN HEUVEL TRUSTEE 0.50 X 0 0 0 ANDY SHALLAL TRUSTEE 0.50 X 0 0 0 KHURY PETERSEN-SMITH TRUSTEE 0.50 X 0 0 0 DANNY GLOVER TRUSTEE 0.50 X 0 0 0 ROBERT BOROSAGE TRUSTEE 0.50 X 0 0 0 TOPE FOLARIN EXECUTIVE DIRECTOR 37.50 X X 156195 0 20046 SULMA ARIAS TRUSTEE 0.50 X 0 0 0 KATHLEEN GASPARD DEPUTY DIRECTOR 37.50 X 124420 0 764 350615 0 42619 2 0 1 0 MARC BAYARD 6930 PINEY BRANCH ROAD NW WASHINGTON DC 20012 CONSULTING 310000 BDO USA LLP 12505 PARK POTOMAC AVE 700 POTOMAC MD 20854 ACCOUNTING 120690 2 69745 3971091 33039 4040836 CONTRACT INCOME 900099 154531 154531 154531 116145 116145 47697 0 47697 47697 47697 1274472 1146085 128387 128387 128387 6829 69745 37711 -30882 -30882 CHANGE IN VALUE OF SPLIT-INTEREST 900099 -9517 -9517 -9517 4447197 154531 0 251830 X 25800 25800 3000 3000 52955 52955 268050 191938 63210 12902 2116258 1515354 499046 101858 28666 20526 6760 1380 256340 183553 60449 12338 184313 131978 43464 8871 18326 18326 151798 151798 809270 745211 1538 62521 6837 3952 1832 1053 8243 2162 5774 307 123037 17187 52500 53350 283676 3315 280361 116263 104918 584 10761 16134 9326 4324 2484 27 16 7 4 48810 450 48360 30591 1765 28826 TELECOMMUNICATIONS 50036 16061 32358 1617 DUES AND SUBSCRIPTIONS 46719 27006 12520 7193 EQUIPMENT RENTAL 21317 20372 945 PRESS CLIPS 13655 7893 3660 2102 44950 972627 -983841 56164 4725071 4036993 352228 335850 1906459 1573457 1072906 1431097 1618054 841936 166352 110420 692152 525722 193440 166430 6643240 7043191 1108229 868580 12708680 12035111 375076 284875 3000 2413372 1283244 2791448 1568119 X 1398556 1807363 8518676 8659629 9917232 10466992 12708680 12035111 -277874 827634 0 X 0 1 X 1 0 X 5758756 7103977 6525809 5537502 4040836 28966880 5758756 7103977 6525809 5537502 4040836 28966880 7487350 21479530 200607 153244 169280 155879 172498 851508 -9021 -9142 -9278 -9411 -9517 -46369 29772019 635759 0.72150 0.76740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 108 147 255 4036993 4037248 351862 87966 0 0 387034 351862 738896 1108344 116 255 371 96759 87966 184725 277088 36 108 144 523900 378820 145080 105003 105003 0 63249 41899 21350 166430 EMPLOYEE RECEIVABLES 1238 ROU ASSET 867342 868580 ANNUITY PAYMENT LIABILITY 77299 LEASE LIABILITY 1205945 1283244 X 5312542 827634 37711 865345 4447197 0 4447197 4762782 37711 37711 4725071 0 4725071 PART X, LINE 2: THE INSTITUTE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX EFFECT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE ACCRUED AS A COMPONENT OF GENERAL AND ADMINISTRATIVE EXPENSES WHEN ASSESSED. THE INSTITUTE IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. SIMILAR TO OTHER TAX-EXEMPT ORGANIZATIONS, THE INSTITUTE IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. TAX YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 37,711. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 37,711. 0 CENTRAL AMERICA 0 0 GRANTMAKING GRANTMAKING 42055 SOUTH AMERICA 0 0 GRANTMAKING GRANTMAKING 7900 0 0 0 0 0 0 49955 0 49955 CENTRAL AMERICA (EL SALVADOR) RESEARCH 42055 WIRE TRANSFER 0 SOUTH AMERICA (COLOMBIA) PROGRAM SUPPORT 7900 WIRE TRANSFER 0 2 0 0 0 0 0 0 PART I, LINE 2: THE INSTITUTE MONITORS GRANT USE BY REQUIRING REGULAR FINANCIAL AND ACTIVITY REPORTS, INCLUDING ANY REPORTS SPECIFICALLY REQUIRED BY DONORS WHO CONTRIBUTE TO THE INSTITUTE WITH THE EXPLICIT INTENTION OF SUPPORTING THESE PROJECTS. AWARD CEREMONY 76574 69745 6829 9871 27840 76574 69745 6829 9871 27840 37711 -30882 1 COLLEGE HORIZONS INC PO BOX 1262 PENA BLANCA NM 87041 850360664 501(C)(3) 25800 0 PROGRAM SUPPORT 1 PART I, LINE 2: THE INSTITUTE MONITORS GRANT USE BY REQUIRING REGULAR FINANCIAL AND ACTIVITY REPORTS, INCLUDING ANY REPORTS SPECIFICALLY REQUIRED BY DONORS WHO CONTRIBUTE TO THE INSTITUTE WITH THE EXPLICIT INTENTION OF SUPPORTING THESE PROJECTS. X X 0 0 0 0 0 0 0 0 0 TOPE FOLARIN EXECUTIVE DIRECTOR 156195 0 0 0 0 0 0 0 20046 0 176241 0 0 0 X 1 33039 FAIR MARKET VALUE 0 0 0 FORM 990, PART III, LINE 3 THE ECONOMIC HARDSHIP REPORTING PROJECT RECEIVED ITS OWN TAX EXEMPT STATUS, AND EFFECTIVE 12/31/2022 IT WAS NO LONGER OPERATING AS A FISCALLY SPONSORED ORGANIZATION UNDER INSTITUTE FOR POLICY STUDIES. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWS THE INSTITUTE'S ANNUAL 990 REPORT (INCLUDING ALL RELEVANT SCHEDULES) BEFORE IT IS SUBMITTED TO THE IRS. THE STAFF MAKES THE DRAFT 990 AVALIABLE TO THE TREASURER NO LATER THAN 7 DAYS BEFORE IT MUST BE POSTMARKED FOR TIMELY SUBMISSION TO THE IRS. THE TREASURER MOVES TO ADDRESS ANY CONCERNS SHE/HE HAS WITH THE PROPOSED RETURN EITHER BY REQUIRING RESPONSES FROM STAFF AND/OR BY BRINGING SUCH CONCERNS TO THE FINANCE COMMITTEE OR THE FULL BOARD. THE TREASURER WILL REPORT THE 990 TO THE FULL BOARD AT THE INSTITUTE'S NEXT SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW EMPLOYEES AND BOARD MEMBERS MUST READ AND SIGN THE INSTITUTE'S CONFLICT OF INTEREST POLICY AS A PART OF THEIR ORIENTATION. THE DEPUTY DIRECTOR ALSO REVIEWS ALL CONTRACT PROPOSALS, CHECK REQUESTS, AND OTHER INVOICES WITH AN EYE TOWARD IDENTIFYING POTENTIAL CONFLICTS AND IMPROPRIETIES. THE DEPUTY DIRECTOR ALSO REMINDS THE STAFF AT LEAST ONCE A YEAR AT A STAFF MEETING OF THE CONFLICT OF INTEREST POLICY. THE CHAIR OF THE BOARD OF TRUSTEES ALSO REMINDS THE BOARD AT REGULAR INTERVALS OF SUCH POLICIES AND THEIR SIGNIFICANCE. FORM 990, PART VI, SECTION B, LINE 15 THE INSTITUTE USES REGULARLY UPDATED COMPARABILITY DATA FOR ALL STAFF SALARIES, INCLUDING ITS DIRECTOR. THE DEPUTY DIRECTOR ADMINISTERS THE INSTITUTE'S STAFF SALARY POLICY AND SETS SALARIES IN CLOSE CONSULTATION WITH THE DIRECTOR. THE BOARD OF TRUSTEES THROUGH ITS STANDING COMPENSATION COMMITTEE REGULARLY REVIEWS THE SALARY OF THE DIRECTOR AND IN THE EVENT OF THE APPOINTMENT OF A NEW DIRECTOR, SETS THE DIRECTOR'S SALARY. THE INSTITUTE HAS A LONGSTANDING INSTITUTIONAL COMMITMENT TO FAIRNESS AND EQUITY AND STRIVES TO ENSURE THAT THE INSTITUTE'S HIGHEST-PAID EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE TO PUBLIC THROUGH THE INSTITUTE'S WEBSITE ALL OF THE INSTITUTE'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE INSTITUTE'S WEBSITE URGES INTERESTED PARTIES TO REQUEST COPIES OF THE AUDIT OR OTHER GOVERNING DOCUMENTS BY REQUESTING THEM FOR THE INSTITUTE'S DEVELOPMENT OFFICE. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 745,211. MANAGEMENT AND GENERAL EXPENSES 1,538. FUNDRAISING EXPENSES 62,521. TOTAL EXPENSES 809,270.