PUBLIC POLICY INSTITUTE OF CALIFORNIA: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PUBLIC POLICY INSTITUTE OF CALIFORNIA (EIN 94-3207299)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-12-14
- IRS object ID
- 202123489349300217
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-12-14T16:23:45-06:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941254756 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD & STRONG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 275 BATTERY STREET STE 900 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943207299 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUBLIC POLICY INSTITUTE OF CALIFORNIA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PUBL | BusinessNameControlTxt |
| Phone | 4152914400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 WASHINGTON STREET NO 600 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CYNTHIA SCHERER | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 4152914400 | PhoneNum |
| Signature | 2021-12-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CYNTHIA | PersonFirstNm |
| Person Last | SCHERER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAGA E KISRIEV | PreparerPersonNm |
| PTIN | P01008919 | PTIN |
| Phone | 4157810793 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARK BALDASSARE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 WASHINGTON STREET NO 600 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $19,995,176 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PPIC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | INFORM AND IMPROVE PUBLIC POLICY IN CALIFORNIA THROUGH INDEPENDENT, OBJECTIVE, NONPARTISAN RESEARCH | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 89 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $797,610 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,614,989 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,418,472 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $30,387,530 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,579,700 | CYInvestmentIncomeAmt |
| PY Other Revenue | $352,249 | PYOtherRevenueAmt |
| CY Other Revenue | $643,088 | CYOtherRevenueAmt |
| PY Total Revenue | $34,354,768 | PYTotalRevenueAmt |
| CY Total Revenue | $13,641,260 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,885,555 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,494,930 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $634,759 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,793,340 | PYOtherExpensesAmt |
| CY Other Expenses | $6,336,657 | CYOtherExpensesAmt |
| PY Total Expenses | $18,678,895 | PYTotalExpensesAmt |
| CY Total Expenses | $18,831,587 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $15,675,873 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,190,327 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $303,509,988 | TotalAssetsBOYAmt |
| Total Assets EOY | $379,445,881 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $35,867,879 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,962,167 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $267,642,109 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $343,483,714 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $14,072,056 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $38 | RevenueAmt |
| Desc | SEE SCHEDULE O | Desc |
| Total Program Service Expenses | $14,072,056 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 43 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 89 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CYNTHIA SCHERER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4152914400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 WASHINGTON STREET NO 600 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MARK BALDASSARE | ||||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | Yes (X) | $503,516 | $0 | $78,623 | ||
| STEVEN A MERKSAMER | ||||||||
| BOARD CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIA BLANCO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LOUISE HENRY BRYSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| A MARISA CHUN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHET HEWITT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PHILLIP ISENBERG | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID MAS MASUMOTO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LEON E PANETTA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GERALD L PARKSY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KIM POLESE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KAREN SKELTON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HELEN IRIS TORRES | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GADDI H VARQUEZ | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CYNTHIA SCHERER | ||||||||
| TREASURER AND CFO | 40.00 | Yes (X) | $269,948 | $0 | $61,238 | |||
| EMILY LOESCHINGER | ||||||||
| SECRETARY | 40.00 | Yes (X) | $80,251 | $0 | $13,892 | |||
| ELLEN HANAK | ||||||||
| VP & DIR OF WATER POLICY CENTER & SENIOR | 40.00 | $311,307 | $0 | $34,901 | Yes (X) | |||
| ABIGAIL COOK | ||||||||
| VP OF COMMS & CHIEF STRATEGY | 40.00 | $266,058 | $0 | $64,334 | Yes (X) | |||
| SARAH BOHN | ||||||||
| VP OF RESEARCH AND SENIOR FELLOW | 40.00 | $241,870 | $0 | $36,997 | Yes (X) | |||
| DEBORAH GONZALEZ | ||||||||
| VP, GOV'T AFFAIRS & CHIEF DATA OFFICER | 40.00 | $200,543 | $0 | $23,034 | Yes (X) | |||
| HANS JOHNSON | ||||||||
| CENTER DIRECTOR AND SENIOR FELLOW | 40.00 | $280,125 | $0 | $75,079 | Yes (X) | |||
| MAGNUS LOFSTROM | ||||||||
| SENIOR FELLOW | 40.00 | $190,777 | $0 | $38,674 | Yes (X) | |||
| CAROLINE DANIELSON | ||||||||
| POLICY DIRECTOR AND SENIOR DIRECTOR | 40.00 | $189,951 | $0 | $22,227 | Yes (X) | |||
| ATHENA BREKKE | ||||||||
| DIRECTOR OF IT | 40.00 | $186,184 | $0 | $28,746 | Yes (X) | |||
| LYNETTE UBOIS | ||||||||
| DIRECTOR OF PUBLICATIONS | 40.00 | $186,668 | $0 | $52,234 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,907,198 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $529,979 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ABT ASSOCIATES | |||||
| 10 FAWCETT STREET | CAMBRIDGE | MA | 02138 | SURVEY | $839,875 |
| IPSOS PUBLIC AFFAIRS LLC | |||||
| PO BOX 360609 | PITTSBURGH | PA | 15251 | SURVEY | $284,909 |
| NOVANI LLC | |||||
| 900 KEARNY STREET SUITE 388 | SAN FRANCISCO | CA | 94133 | COMPUTER CONSULTING AND MAINTENANCE | $231,588 |
| THE REGENTS OF THE UNIVERSITY OF CALIFOR | |||||
| 109 MOSES HALL RM 2370 | BERKELEY | CA | 94720 | RESEARCH | $138,275 |
| RANDSTAD PROFESSIONALS | |||||
| 32462 COLLECTION CENTER DRIVE | CHICAGO | IL | 60693 | TEMPORARY STAFFING | $114,984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $449,652 | GovernmentGrantsAmt |
| All Other Contributions | $3,968,820 | AllOtherContributionsAmt |
| Noncash Contributions | $53,565 | NoncashContributionsAmt |
| Total Contributions | $4,418,472 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,875,206 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $29,287 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,845,919 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,445,280 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,802,230 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $643,050 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $643,050 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $768,323 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$125,273 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,256,180 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,551,686 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,704,494 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,704,494 | TotalRevenueColumnAmt |
| Exclusion | $3,704,494 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESEARCH PUBLICATION | Desc |
| Business | 511190 | BusinessCd |
| Total Revenue Column | $38 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $38 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,641,260 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $797,610 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,425,140 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,186,509 | TotalAmt |
| Program Services | $1,179,042 | ProgramServicesAmt |
| Management And General | $1,007,467 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,721,189 | TotalAmt |
| Program Services | $6,131,160 | ProgramServicesAmt |
| Management And General | $1,231,758 | ManagementAndGeneralAmt |
| Fundraising | $358,271 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $675,089 | TotalAmt |
| Program Services | $528,019 | ProgramServicesAmt |
| Management And General | $113,056 | ManagementAndGeneralAmt |
| Fundraising | $34,014 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,279,631 | TotalAmt |
| Program Services | $896,116 | ProgramServicesAmt |
| Management And General | $318,202 | ManagementAndGeneralAmt |
| Fundraising | $65,313 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $632,512 | TotalAmt |
| Program Services | $484,129 | ProgramServicesAmt |
| Management And General | $123,354 | ManagementAndGeneralAmt |
| Fundraising | $25,029 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,856 | TotalAmt |
| Program Services | $8,418 | ProgramServicesAmt |
| Management And General | $83,003 | ManagementAndGeneralAmt |
| Fundraising | $435 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,654 | TotalAmt |
| Management And General | $101,654 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,643,772 | TotalAmt |
| Program Services | $1,258,004 | ProgramServicesAmt |
| Management And General | $320,417 | ManagementAndGeneralAmt |
| Fundraising | $65,351 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,168,979 | TotalAmt |
| Program Services | $576,891 | ProgramServicesAmt |
| Management And General | $592,088 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,773 | TotalAmt |
| Program Services | $158,127 | ProgramServicesAmt |
| Management And General | $22,058 | ManagementAndGeneralAmt |
| Fundraising | $11,588 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,788 | TotalAmt |
| Program Services | $187,694 | ProgramServicesAmt |
| Management And General | $35,963 | ManagementAndGeneralAmt |
| Fundraising | $9,131 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,022,551 | TotalAmt |
| Program Services | $900,230 | ProgramServicesAmt |
| Management And General | $78,867 | ManagementAndGeneralAmt |
| Fundraising | $43,454 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,279 | TotalAmt |
| Program Services | $5,007 | ProgramServicesAmt |
| Management And General | $2,938 | ManagementAndGeneralAmt |
| Fundraising | $334 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,505 | TotalAmt |
| Program Services | $24,860 | ProgramServicesAmt |
| Management And General | $1,697 | ManagementAndGeneralAmt |
| Fundraising | $948 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,812 | TotalAmt |
| Program Services | $233,045 | ProgramServicesAmt |
| Management And General | $28,405 | ManagementAndGeneralAmt |
| Fundraising | $11,362 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,383 | TotalAmt |
| Program Services | $54,144 | ProgramServicesAmt |
| Management And General | $6,599 | ManagementAndGeneralAmt |
| Fundraising | $2,640 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SURVEYS | $1,138,674 | $1,138,674 | ||
| DATA/LIBRARY | $188,255 | $182,782 | $5,473 | |
| PRINTING/PUBLICATIONS | $39,689 | $39,080 | $441 | $168 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,687 | TotalAmt |
| Program Services | $86,634 | ProgramServicesAmt |
| Management And General | $51,332 | ManagementAndGeneralAmt |
| Fundraising | $6,721 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,831,587 | TotalAmt |
| Program Services | $14,072,056 | ProgramServicesAmt |
| Management And General | $4,124,772 | ManagementAndGeneralAmt |
| Fundraising | $634,759 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,899,176 | BOYAmt |
| EOY | $2,000,884 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $691,319 | BOYAmt |
| EOY | $1,785,653 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,327,168 | BOYAmt |
| EOY | $1,453,353 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,837 | BOYAmt |
| EOY | $72,929 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $987 | BOYAmt |
| EOY | $1,555 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,478,410 | BOYAmt |
| EOY | $1,489,034 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $53,922,172 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $31,519,522 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,696,108 | BOYAmt |
| EOY | $22,402,650 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,717,841 | BOYAmt |
| EOY | $294,653,326 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,168,394 | BOYAmt |
| EOY | $55,029,043 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $412,748 | BOYAmt |
| EOY | $557,454 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,509,988 | BOYAmt |
| EOY | $379,445,881 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,890,011 | BOYAmt |
| EOY | $2,820,412 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,705,000 | BOYAmt |
| EOY | $12,705,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,860,120 | BOYAmt |
| EOY | $19,879,301 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $412,748 | BOYAmt |
| EOY | $557,454 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,867,879 | BOYAmt |
| EOY | $35,962,167 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,365,551 | BOYAmt |
| EOY | $328,593,194 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,276,558 | BOYAmt |
| EOY | $14,890,520 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,642,109 | BOYAmt |
| EOY | $343,483,714 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,509,988 | BOYAmt |
| EOY | $379,445,881 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$5,190,327 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $81,031,932 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,913,642 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,534,563 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,270,152 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,614,989 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,418,472 | CurrentTaxYearAmt |
| Total | $35,751,818 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,913,642 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,534,563 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,270,152 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,614,989 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,418,472 | CurrentTaxYearAmt |
| Total | $35,751,818 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,797,398 | SubstantialContributorsTotAmt |
| Public Support Total170 | $24,954,420 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,424,234 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,633,991 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,084,164 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,007,209 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,845,919 | CurrentTaxYearAmt |
| Total | $31,995,517 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $67,747,335 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $602 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.36830 | PublicSupportCY170Pct |
| Public Support PY170 | 0.37220 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,216,268 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $380,949 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,597,217 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,256,396 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$40,128 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,216,268 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,250,878 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $5,517 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,256,395 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,199,076 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $51,802 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,250,878 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,087,607 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $111,469 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,199,076 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,015,814 | OtherCostOrOtherBasisAmt |
| Book Value | $12,015,814 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,094,055 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,021,176 | DepreciationAmt |
| Book Value | $10,072,879 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,760,415 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,608,456 | DepreciationAmt |
| Book Value | $151,959 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,051,888 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,889,890 | DepreciationAmt |
| Book Value | $161,998 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $22,402,650 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (13 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| 2008 ADAMS ST. DIRECT | $471,648 | F |
| 2008 ADAMS ST. US | $2,377,437 | F |
| 2008 ADAMS ST. NON US | $2,141,726 | F |
| 2006 ADAMS ST. DIRECT | $310,262 | F |
| 2006 ADAMS ST. US | $1,388,920 | F |
| 2006 ADAMS ST. NON US | $566,288 | F |
| 2011 ADAMS ST. DIRECT | $599,979 | F |
| 2011 ADAMS ST. US | $3,867,075 | F |
| 2011 ADAMS ST. NON US DEV MKT | $1,846,856 | F |
| 2011 ADAMS ST. EMERGING MARKETS | $1,203,882 | F |
| 2017 ADAMS ST. GLOBAL | $9,216,074 | F |
| UBS TRUMBULL | $9,858,756 | F |
| PRUDENTIAL REAL ESTATE | $21,180,140 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $55,029,043 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 457(B) PLAN LIABILITY | Desc |
| Amt | $557,454 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $557,454 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $92,396,135 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $81,031,932 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $81,031,932 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,364,203 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,634,007 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $643,050 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,277,057 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,641,260 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,554,530 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$643,050 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$643,050 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,197,580 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,634,007 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $1,634,007 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $18,831,587 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | PPIC IS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE OPERATIONS OF PPIC ARE CURRENTLY CONSIDERED EXEMPT FROM FEDERAL INCOME AND EXCISE TAXES. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | BUILDING FINANCING COSTS RECLASSIFIED TO REVENUE -396,861. NET INCOME FROM BUILDING OPERATIONS RECLASSIFIED TO REVENUE 1,039,911. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | BUILDING FINANCING COSTS RECLASSIFIED TO REVENUE 396,861. NET INCOME FROM BUILDING OPERATIONS RECLASSIFIED TO REVENUE -1,039,911. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARK BALDASSARE | ||||||||||||||
| PRESIDENT AND CEO | $503,516 | $0 | $0 | $0 | $0 | $0 | $33,015 | $0 | $45,608 | $0 | $582,139 | $0 | $0 | $0 |
| HANS JOHNSON | ||||||||||||||
| CENTER DIRECTOR AND SENIOR FELLOW | $280,125 | $0 | $0 | $0 | $0 | $0 | $32,799 | $0 | $42,280 | $0 | $355,204 | $0 | $0 | $0 |
| ELLEN HANAK | ||||||||||||||
| VP & DIR OF WATER POLICY CENTER & SE | $311,307 | $0 | $0 | $0 | $0 | $0 | $33,015 | $0 | $1,886 | $0 | $346,208 | $0 | $0 | $0 |
| CYNTHIA SCHERER | ||||||||||||||
| TREASURER AND CFO | $269,948 | $0 | $0 | $0 | $0 | $0 | $31,273 | $0 | $29,965 | $0 | $331,186 | $0 | $0 | $0 |
| ABIGAIL COOK | ||||||||||||||
| VP OF COMMS & CHIEF STRATEGY | $266,058 | $0 | $0 | $0 | $0 | $0 | $31,068 | $0 | $33,266 | $0 | $330,392 | $0 | $0 | $0 |
| SARAH BOHN | ||||||||||||||
| VP OF RESEARCH AND SENIOR FELLOW | $241,870 | $0 | $0 | $0 | $0 | $0 | $27,033 | $0 | $9,964 | $0 | $278,867 | $0 | $0 | $0 |
| LYNETTE UBOIS | ||||||||||||||
| DIRECTOR OF PUBLICATIONS | $186,668 | $0 | $0 | $0 | $0 | $0 | $19,938 | $0 | $32,296 | $0 | $238,902 | $0 | $0 | $0 |
| MAGNUS LOFSTROM | ||||||||||||||
| SENIOR FELLOW | $190,777 | $0 | $0 | $0 | $0 | $0 | $20,377 | $0 | $18,297 | $0 | $229,451 | $0 | $0 | $0 |
| DEBORAH GONZALEZ | ||||||||||||||
| VP, GOV'T AFFAIRS & CHIEF DATA OFFIC | $200,543 | $0 | $0 | $0 | $0 | $0 | $21,182 | $0 | $1,852 | $0 | $223,577 | $0 | $0 | $0 |
| ATHENA BREKKE | ||||||||||||||
| DIRECTOR OF IT | $186,184 | $0 | $0 | $0 | $0 | $0 | $19,585 | $0 | $9,161 | $0 | $214,930 | $0 | $0 | $0 |
| CAROLINE DANIELSON | ||||||||||||||
| POLICY DIRECTOR AND SENIOR DIRECTOR | $189,951 | $0 | $0 | $0 | $0 | $0 | $20,419 | $0 | $1,808 | $0 | $212,178 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ABIGAIL COOK | PersonNm |
| Relationship With Org | KEY EMPLOYEE | RelationshipWithOrgTxt |
| Loan Purpose | COMPUTER LOAN | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $2,021 | OriginalPrincipalAmt |
| Balance Due | $1,555 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | 0 | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,555 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $53,565 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1: | THE PUBLIC POLICY INSTITUTE OF CALIFORNIA (PPIC) IS DEDICATED TO INFORMING AND IMPROVING PUBLIC POLICY IN CALIFORNIA THROUGH INDEPENDENT, OBJECTIVE, NONPARTISAN RESEARCH. |
| FORM 990, PART III, LINE 1: | PPIC IS A NONPROFIT, NONPARTISAN THINK TANK DEDICATED TO INFORMING AND IMPROVING PUBLIC POLICY IN CALIFORNIA THROUGH RIGOROUS, INDEPENDENT, OBJECTIVE RESEARCH. PPIC IS COMMITTED TO PROVIDING DATA-DRIVEN INFORMATION THAT ENCOURAGES PRODUCTIVE DIALOGUE AND INSPIRES SUSTAINABLE POLICY SOLUTIONS IN SACRAMENTO AND AROUND THE STATE. PPIC'S CENTRAL AUDIENCES ARE CALIFORNIA'S ELECTED OFFICIALS AND POLICYMAKERS AT THE LOCAL, STATE, AND FEDERAL LEVELS. PPIC ALSO INFORMS KEY POLICY INFLUENCERS FROM TRADITIONAL AND SOCIAL MEDIA TO LEADERS IN THE BUSINESS AND NONPROFIT COMMUNITIES. PPIC DOES NOT TAKE OR SUPPORT POSITIONS ON ANY BALLOT MEASURES OR ON ANY LOCAL, STATE, OR FEDERAL LEGISLATION, NOR DOES IT ENDORSE, SUPPORT, OR OPPOSE ANY POLITICAL PARTIES OR CANDIDATES FOR PUBLIC OFFICE. |
| FORM 990, PART III, LINE 4A: | PPIC IS COMMITTED TO PROVIDING ESSENTIAL INFORMATION AND FRAMING POLICY DEBATES TO SHAPE A BETTER FUTURE FOR CALIFORNIA. WE IDENTIFY PRACTICAL, FORWARD-LOOKING APPROACHES TO CALIFORNIA'S MOST PRESSING CHALLENGES. OUR PUBLICATIONS RANGE FROM ONE-PAGE FACT SHEETS TO COMPREHENSIVE, IN-DEPTH REPORTS; ALL PUBLICATIONS ARE AVAILABLE ON PPIC'S WEBSITE - PPIC.ORG - FREE OF CHARGE. ON AVERAGE, PPIC PRODUCES 75 PUBLICATIONS PER YEAR. THE PPIC BLOG OFFERS TIMELY COMMENTARY AND ANALYSIS. OUR BLOG PRODUCES A MINIMUM OF 200 POSTS, WHICH ARE WIDELY DISTRIBUTED THROUGH OUR EMAIL MARKETING AND SOCIAL MEDIA CHANNELS. WE REGULARLY BRING LEADERS AND STAKEHOLDERS TOGETHER AT PUBLIC EVENTS TO INSPIRE NEW THINKING AND FIND INNOVATIVE ANSWERS TO CRITICAL POLICY QUESTIONS. WE HOST APPROXIMATELY 30 HIGH-PROFILE EVENTS - BOTH IN-PERSON AND MORE RECENTLY, ONLINE - WITH HUNDREDS OF PARTICIPANTS AT EACH CONVENING. WE ARE ROUTINELY CITED IN NATIONAL AND STATE MEDIA ARTICLES, AVERAGING 10,500 PER YEAR. MORE THAN 2.2 MILLION PAGES ARE VIEWED ON OUR WEBSITE, PPIC.ORG. WE POST APPROXIMATELY 2,800 TIMES ON OUR SOCIAL MEDIA CHANNELS, RESULTING IN 2,600,000 IMPRESSIONS. OUR RESEARCHERS TESTIFY AT MORE THAN 10 LEGISLATIVE HEARINGS, ON AVERAGE, AND PPIC RESEARCH IS CITED THE TEXT OF MORE THAN 100 BILLS OR BILL ANALYSES PER TWO-YEAR LEGISLATIVE CYCLE. PPIC'S WORK IS DEFINED BY THREE STRATEGIC PRIORITIES: IMPROVING OPPORTUNITY FOR CALIFORNIANS - WE ENCOURAGE THE DEVELOPMENT OF POLICIES THAT IMPROVE THE WELL-BEING OF ALL CALIFORNIANS. AREAS OF FOCUS INCLUDE EDUCATION, THE SAFETY NET, CRIMINAL JUSTICE, AND WATER, LAND, AND AIR. UNDERSTANDING CALIFORNIA'S FUTURE - WE ANALYZE KEY DEMOGRAPHIC, ECONOMIC, ENVIRONMENTAL, AND POLITICAL TRENDS TO ANTICIPATE MAJOR CHALLENGES AND IDENTIFY PRACTICAL POLICY SOLUTIONS. INFORMING CIVIC LIFE - OUR STATEWIDE SURVEY PROVIDES A VOICE FOR CALIFORNIANS ON CRITICAL ISSUES AND OUR PUBLIC EVENTS AND ENGAGEMENT WITH NEW AND EMERGING LEADERS ACROSS THE STATE PROMOTE CONSTRUCTIVE DIALOGUE TO HELP REALIZE CALIFORNIA'S POTENTIAL. IN ADDITION, PPIC HOUSES THREE POLICY CENTERS. THE PPIC HIGHER EDUCATION CENTER ADVANCES PRACTICAL SOLUTIONS THAT ENHANCE EDUCATIONAL OPPORTUNITIES FOR ALL OF CALIFORNIA'S STUDENTS - IMPROVING LIVES AND EXPANDING ECONOMIC GROWTH ACROSS THE STATE. THE PPIC STATEWIDE SURVEY PROVIDES A VOICE FOR THE PUBLIC AND LIKELY VOTERS ON CALIFORNIA'S KEY POLICY ISSUES. AND THE PPIC WATER POLICY CENTER SPURS INNOVATIVE WATER MANAGEMENT SOLUTIONS THAT SUPPORT A HEALTHY ECONOMY, ENVIRONMENT, AND SOCIETY. OUR EXTENSIVE OUTREACH ACTIVITIES BRING PPIC'S WORK TO AN EVER-EXPANDING AUDIENCE IN SACRAMENTO AND BEYOND. OUR EVENTS FEATURE VIEWPOINTS ACROSS THE POLITICAL SPECTRUM, PROMOTING CONSTRUCTIVE, THOUGHTFUL, AND RESPECTFUL DIALOGUE ON THE ISSUES THAT MATTER MOST TO CALIFORNIA. THROUGH OUR WEBSITE AND PUBLIC EVENTS, PPIC AIMS TO BE AN INFORMATION RESOURCE FOR ENGAGED CALIFORNIANS ACROSS THE STATE. OUR CENTRAL AUDIENCES ARE CALIFORNIA'S ELECTED OFFICIALS AND POLICYMAKERS AT THE LOCAL, STATE, AND FEDERAL LEVELS. THESE LEADERS ROUTINELY DRAW ON PPIC RESEARCH TO MAKE VITAL POLICY CHOICES ON A WIDE RANGE OF TOPICS. OUR WORK IS REGULARLY CITED IN BILL ANALYSES AND OUR EXPERTS ARE OFTEN INVITED TO TESTIFY BEFORE THE STATE LEGISLATURE AND OTHER GOVERNMENTAL ENTITIES. THE PPIC SACRAMENTO CENTER - LOCATED ACROSS FROM THE STATE CAPITOL - OFFERS OPPORTUNITIES FOR HANDS-ON ENGAGEMENT WITH THE STATE'S POLICY COMMUNITY. THE BECHTEL CONFERENCE CENTER, AT OUR SAN FRANCISCO HEADQUARTERS, PROVIDES A STATE-OF-THE-ART VENUE - AND A NEUTRAL MEETING GROUND - FOR IMPORTANT POLICY DISCUSSIONS AND EVENTS. PPIC RECEIVES GENEROUS SUPPORT FROM FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS. OUR ENDOWMENT ALSO SUPPORTS MANY OF OUR RESEARCH AND OTHER ACTIVITIES. PPIC IS A 501(C)3 PUBLIC CHARITY AND DOES NOT TAKE OR SUPPORT POSITIONS ON ANY BALLOT MEASURES OR ON ANY LOCAL, STATE, OR FEDERAL LEGISLATION, NOR DOES IT ENDORSE, SUPPORT, OR OPPOSE ANY POLITICAL PARTIES OR CANDIDATES FOR PUBLIC OFFICE. PPIC WAS ESTABLISHED IN 1994 WITH AN ENDOWMENT FROM WILLIAM R. HEWLETT. SINCE ITS INCEPTION, PPIC HAS HELPED CALIFORNIA'S LEADERS TO BETTER UNDERSTAND POLICY ISSUES BY PROVIDING THEM WITH NONPARTISAN RESEARCH. MARK BALDASSARE IS PRESIDENT AND CEO AND STEVEN A. MERKSAMER IS CHAIR OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | PPIC'S CFO AND CONTROLLER ARE RESPONSIBLE FOR THE TIMELY PREPARATION OF THE IRS FORM 990. WHEN A DRAFT HAS BEEN COMPLETED, IT IS DISTRIBUTED TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW, COMMENTS, AND DISCUSSION. ANY QUESTIONS, CONCERNS AND CHANGES BY THE COMMITTEE ARE PROVIDED TO STAFF FOR INCORPORATION INTO THE FORM 990. THE FULL BOARD IS PROVIDED A COPY OF THE DRAFT FOR REVIEW AND COMMENTS. |
| FORM 990, PART VI, SECTION B, LINE 12C | PPIC'S BOARD OF DIRECTORS HAS QUARTERLY MEETINGS TO DISCUSS AND REVIEW FINANCIAL REPORTING AND OTHER GOVERNING AND MANAGEMENT POLICIES. |
| FORM 990, PART VI, SECTION B, LINE 15 | PPIC HAS A MANAGEMENT GROUP THAT REVIEWS ALL STAFF EVALUATIONS INCLUDING KEY EMPLOYEES. FOLLOWING MANAGEMENT REVIEW, STAFF COMPENSATION IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AS PART OF THE ANNUAL BUDGET APPROVAL MEETING. THE CEO EVALUATION IS CONDUCTED SEPARATELY BY THE BOARD OF DIRECTORS. THE BOARD MUST APPROVE SALARIES OF THE CEO, CFO, AND VICE PRESIDENT OF RESEARCH. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS INCLUDING THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). ANY INDIVIDUAL WHO WOULD LIKE A COPY SHOULD CONTACT PPIC. AUDITED FINANCIAL STATEMENTS AND THE IRS FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. |