2023-11-15T11:00:12-06:00 2022-12-31 521022232 SNYDER COHN PC 11200 ROCKVILLE PIKE SUITE 415 NORTH BETHESDA MD 20852 990 2022-01-01 520788947 INSTITUTE FOR POLICY STUDIES INST 2022349382 1301 CONNECTICUT AVENUE NW 600 WASHINGTON DC 20036 TOPE FOLARIN EXECUTIVE DIRECTOR 2022349382 2023-11-15 1 TOPE FOLARIN XXX-XX-XXXX 0 KEITH JENNINGS P01319883 3016526700 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TOPE FOLARIN 1301 CONNECTICUT AVENUE NW 600 WASHINGTON DC 20036 8191934 0 X WWW.IPS-DC.ORG X 1962 DC STRENGTHEN SOCIAL MOVEMENTS WITH INDEPENDENT RESEARCH AND VISIONARY THINKING. 17 15 46 67 0 0 6525809 5533777 228774 164411 520164 88913 23899 -4457 7298646 5782644 865464 686508 0 0 2900069 2851895 0 0 366641 2362529 1829444 6128062 5367847 1170584 414797 13331441 12708680 2123277 2791448 11208164 9917232 X THE INSTITUTE FOR POLICY STUDIES (THE INSTITUTE) IS A 59-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 0 1925285 239795 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. 1029100 161971 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. 612957 164411 AFFILIATES - THE ECONOMIC HARDSHIP REPORTING PROJECT - THE ECONOMIC HARDSHIP REPORTING PROJECT (EHRP) IS A FISCALLY-SPONSORED PROJECT OF THE INSTITUTE DEVOTED TO IMMERSIVE JOURNALISM ABOUT ECONOMIC STRUGGLE. EHRP SUPPORTS ARTICLES, PHOTOGRAPHY, AUDIO AND VIDEO, AND SEEKS TO COMMISSION PIECES FROM JOURNALISTS WHO ARE FINANCIALLY ON THE EDGE AND CAN SPEAK FROM THEIR EXPERIENCE. 697900 255942 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. 254917 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. 220412 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. 1173229 284742 4740571 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 41 0 1 46 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 15 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 LEWIS STEEL GENERAL COUNSEL 0.50 X X 0 0 0 JOHN CAVANAGH SENIOR ADVISOR 37.50 X X 70000 0 21783 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 143097 0 20849 SULMA ARIAS TRUSTEE 0.50 X 0 0 0 HARRY BELAFONTE TRUSTEE 0.50 X 0 0 0 KATHLEEN GASPARD DEPUTY DIRECTOR 37.50 X 111157 0 733 324254 0 43365 2 0 1 0 MARC BAYARD 6930 PINEY BRANCH ROAD NW WASHINGTON DC 20012 CONSULTING 315000 BDO USA LLP 12505 PARK POTOMAC AVE 700 POTOMAC MD 20854 ACCOUNTING 109506 2 28400 5505377 76050 5533777 CONTRACT INCOME 900099 164411 164411 164411 43860 43860 54412 0 54412 54412 54412 2415502 2370449 45053 45053 45053 3725 28400 38841 -35116 -35116 OTHER 900099 2500 2500 CHANGE IN VALUE OF SPLIT-INTEREST 900099 -9411 -9411 FOREIGN EXCHANGE INCOME (LOSS) 900099 -16842 -16842 -23753 5782644 164411 0 84456 X 528800 528800 157708 157708 255730 189024 49607 17099 2112437 1561421 409774 141242 28390 20985 5507 1898 257588 190398 49967 17223 197750 146168 38360 13222 18449 18449 138958 138958 914509 871251 5311 37947 14426 5232 7199 1995 8029 3158 4665 206 123237 20910 55475 46852 340566 7185 333381 39931 21756 1463 16712 8859 3213 4421 1225 21288 7721 10623 2944 53160 53160 27741 27741 TELECOMMUNICATIONS 35500 13884 19405 2211 EQUIPMENT RENTAL 21118 21118 PRESS CLIPS 13166 4775 6570 1821 PRINTING AND COPYING 10393 7337 262 2794 40114 979645 -1000781 61250 5367847 4740571 260635 366641 2190404 1906459 1682470 1072906 1449722 1618054 155873 166352 670352 476912 246600 193440 7605702 6643240 670 1108229 13331441 12708680 258008 375076 0 3000 1865269 2413372 2123277 2791448 X 3163312 1398556 8044852 8518676 11208164 9917232 13331441 12708680 414797 -1705729 0 X X 0 1 X 1 0 X 4398246 5758756 7103977 6525809 5537502 29324290 4398246 5758756 7103977 6525809 5537502 29324290 6205391 23118899 169694 200607 153244 169280 155879 848704 -8928 -9021 -9142 -9278 -9411 -45780 30127214 500772 0.76740 0.80020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36 80 116 4740571 4740687 387034 96759 0 0 387034 387034 580551 116 116 96759 96759 145139 36 36 523900 330460 193440 105003 105003 0 41449 41449 0 193440 EMPLOYEE RECEIVABLES 2438 ROU ASSET 1105791 1108229 ANNUITY PAYMENT LIABILITY 81537 PAYCHECK PROTECTION PROGRAM LOAN 502288 DUE TO RELATED PARTY 272628 LEASE LIABILITY 1556919 2413372 X 4115756 -1705729 38841 -1666888 5782644 0 5782644 5406688 38841 38841 5367847 0 5367847 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 2019 ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 38,841. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 38,841. 1 CENTRAL AMERICA 0 0 GRANTMAKING GRANTMAKING 20000 SOUTH AMERICA 0 0 GRANTMAKING GRANTMAKING 34000 NORTH AMERICA 0 0 GRANTMAKING GRANTMAKING 103708 0 0 0 0 0 0 157708 0 157708 CENTRAL AMERICA (EL SALVADOR) RESEARCH 20000 WIRE TRANSFER 0 SOUTH AMERICA (COLOMBIA) PROGRAM SUPPORT 34000 WIRE TRANSFER 0 NORTH AMERICA (CANADA) PROGRAM SUPPORT 103708 WIRE TRANSFER 0 3 0 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. PART III ACCOUNTING METHOD: AWARD CEREMONY 32125 28400 3725 11242 27599 32125 28400 3725 11242 27599 38841 -35116 1 ECONOMIC HARDSHIP REPORTING PROJECT 3 SHULTIS FARM ROAD NEW YORK NY 12409 854054380 501(C)(3) 500000 0 PROGRAM SUPPORT NEW MEXICO ENVIRONMENTAL LAW CENTER 1405 LUISA ST SUITE 5 SANTA FE NM 87505 850360664 501(C)(3) 28800 0 PROGRAM SUPPORT 2 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. X X 0 0 0 0 0 0 0 0 0 TOPE FOLARIN EXECUTIVE DIRECTOR 143097 0 0 0 0 0 3209 0 17640 0 163946 0 0 0 X 1 76050 FAIR MARKET VALUE 0 0 0 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 871,251. MANAGEMENT AND GENERAL EXPENSES 5,311. FUNDRAISING EXPENSES 37,947. TOTAL EXPENSES 914,509. FORM 990, PART XII, LINE 2C THE INSTITUTE'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR APPOINTING AN INDEPENDENT AUDIT AND OVERSEEING OF THE FINANCIAL STATEMENT AUDIT. THERE WERE NO CHANGES FROM THE PRIOR YEAR.