2020-11-12T13:47:41-06:00 2019-12-31 521022232 SNYDER COHN PC 11200 ROCKVILLE PIKE SUITE 415 NORTH BETHESDA MD 20852 990 2019-01-01 520788947 INSTITUTE FOR POLICY STUDIES INST 2022349382 1301 CONNECTICUT AVENUE NW NO 600 WASHINGTON DC 20036 JOHN CAVANAGH DIRECTOR 2022349382 2020-11-12 1 KEITH JENNINGS P01319883 3016526700 207.87.50.194 2020-11-12 11:32:07 ES P 59BA2CA73C0A1D185C82E5CF98EC8C3050D94926 BACCAC4079A11146C2B50B678C48A25305F86DB5 2019 2021-01-29 14:40:06Z JOHN CAVANAGH 1301 CONNECTICUT AVENUE NW NO 600 WASHINGTON DC 20036 7606769 0 X WWW.IPS-DC.ORG X 1962 DC STRENGTHEN SOCIAL MOVEMENTS WITH INDEPENDENT RESEARCH AND VISIONARY THINKING. 13 13 53 67 0 0 4371379 5214475 19544 41210 203970 182552 87562 80164 4682455 5518401 58000 288626 0 0 2352614 2395274 0 0 267644 2006789 2242825 4417403 4926725 265052 591676 7643880 8435382 1116057 863778 6527823 7571604 X THE INSTITUTE FOR POLICY STUDIES (THE INSTITUTE) IS A 57-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 1478619 109961 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. 936195 84000 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. 1316500 70440 41210 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. 488473 COMMUNICATIONS - INEQUALITY.ORG - INEQUALITY.ORG IS THE PREMIER PORTAL FOR THE PUBLIC AT LARGE, JOURNALISTS, TEACHERS, STUDENTS, ACADEMICS, ACTIVISTS, AND ANY OTHERS SEEKING INFORMATION AND ANALYSIS ON WEALTH AND INCOME INEQUALITY. ULTIMATELY, THE INSTITUTE'S MISSION IS TO CREATE AND CURATE HIGH-QUALITY RESEARCH AND INFORMATION, ALONG WITH COMPELLING STORIES, WITH THE GOAL OF ENDING ECONOMIC INEQUALITY IN THE U.S. AND ABROAD. OTHERWORDS - OTHERWORDS IS A FREE, NON-PROFIT EDITORIAL SERVICE THAT DISTRIBUTES PROGRESSIVE COMMENTARIES TO HEARTLAND NEWSPAPERS ACROSS THE UNITED STATES. FOREIGN POLICY IN FOCUS - FOREIGN POLICY IN FOCUS (FPIF) IS A "THINK TANK WITHOUT WALLS" CONNECTING THE RESEARCH AND ACTION OF MORE THAN 600 SCHOLARS, ADVOCATES, AND ACTIVISTS SEEKING TO MAKE THE UNITED STATES A MORE RESPONSIBLE GLOBAL PARTNER. FPIF PROVIDES TIMELY ANALYSIS OF U.S. FOREIGN POLICY AND INTERNATIONAL AFFAIRS AND RECOMMENDS POLICY ALTERNATIVES. 85568 24225 SPECIAL PROJECTS - THE INSTITUTE NURTURED THE DEVELOPMENT OF SEVERAL PROJECTS WORKING TO BUILD A MORE JUST, PEACEFUL, AND SUSTAINABLE WORLD IN THE U.S. AND AROUND THE GLOBE. 159542 0 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. 733583 24225 4464897 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 150 0 1 53 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X X KATHLEEN GASPARD 2022349382 1301 CONNECTICUT AVENUE NW WASHINGTON DC 20036 TOPE FOLARIN CHAIR 0.50 X X 0 0 0 BARBARA EHRENREICH VICE CHAIR 0.50 X 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 DIRECTOR/FELLOW 37.50 X X 98640 0 25691 ROBERT BOROSAGE TRUSTEE 0.50 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 SARITA GUPTA 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 MARVIN STENDER TRUSTEE THRU 11/19 0.50 X 0 0 0 DANNY GLOVER TRUSTEE 0.50 X 0 0 0 KATHLEEN MALLOY SECRETARY THRU 11/19 0.50 X X 0 0 0 HEIDI PELTIER TRUSTEE 0.50 X 0 0 0 98640 0 25691 0 0 0 0 MARC BAYARD 6930 PINEY BRANCH ROAD NW WASHINGTON DC 20012 CONSULTING 200774 1 38209 5176266 166251 5214475 CONTRACT INCOME 900099 41210 41210 41210 45548 45548 89185 0 89185 89185 89185 2196280 2059276 137004 137004 137004 29092 38209 29092 0 CHANGE IN VALUE OF SPLIT-INTEREST 900099 -9021 -9021 -9021 5518401 41210 0 262716 X 178665 178665 109961 109961 124331 99975 17259 7097 1767657 1421372 245383 100902 28604 23000 3971 1633 297573 239278 41308 16987 177109 142413 24586 10110 4598 2923 1675 138568 138568 1173593 1115356 18993 39244 30256 15593 13272 1391 28116 15554 12430 132 138950 22917 66653 49380 405927 58420 347507 127904 119199 6095 2610 399 208 175 16 58824 6214 52610 22876 3883 18993 TELECOMMUNICATIONS 38241 14117 22276 1848 EQUIPMENT RENTAL 22592 3342 19250 0 PRINTING AND COPYING 15649 10461 2175 3013 DUES AND SUBSCRIPTIONS 8066 4157 3538 371 28266 857889 -862533 32910 4926725 4464897 194184 267644 1999048 2302272 1333181 797458 92605 155162 675429 302124 401500 373305 3817458 4806185 88 1000 7643880 8435382 305531 115561 0 3200 810526 745017 1116057 863778 X 1898519 2093024 4629304 5478580 6527823 7571604 7643880 8435382 591676 445459 6646 0 X X 0 1 X 1 0 X 3799890 5024377 4430459 4398246 5758756 23411728 3799890 5024377 4430459 4398246 5758756 23411728 4525389 18886339 66131 128894 168962 169694 200607 734288 -6554 -9446 -6680 -8928 -9021 -40629 24105387 386986 0.78350 0.74280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 523900 185380 338520 105003 105003 0 46526 11741 34785 373305 DEFERRED RENT 649296 SUBLET SECURITY DEPOSITS 750 ANNUITY PAYMENT LIABILITY 94971 745017 X 5992952 445459 29092 474551 5518401 0 5518401 4955817 29092 29092 4926725 0 4926725 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 2016 ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 29,092. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 29,092. 1 CENTRAL AMERICA 0 0 GRANTMAKING GRANTMAKING 109961 0 0 0 0 0 0 109961 0 109961 CENTRAL AMERICA (EL SALVADOR) RESEARCH 23961 WIRE TRANSFER CENTRAL AMERICA (NICARAGUA) RESEARCH 76000 WIRE TRANSFER CENTRAL AMERICA (EL SALVADOR) RESEARCH 10000 WIRE TRANSFER 3 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 67301 38209 29092 4658 11696 12738 67301 38209 29092 4658 11696 12738 29092 0 1 BALTIMORE BROTHERS LLC 1713 EDGEWOOD ROAD APT C TOWSON MD 21286 810756377 51800 RESEARCH ROZ PELLES - REPAIRERS OF THE BREACH PO BOX 1638 GOLDSBORO NC 27533 463332424 501(C)(3) 84000 RESEARCH THE SIERRA CLUB FOUNDATION 2101 WEBSTER ST SUITE 1250 OAKLAND CA 94612 941153307 501(C)(3) 24225 RESEARCH WBUR 881 COMMONWEALTH AVE BOSTON MA 02215 042103547 10000 RESEARCH THE MAGNUM CULTURAL FOUNDATION 59 EAST 4TH ST 7W NEW YORK NY 10003 450573269 501(C)(3) 8640 RESEARCH 3 2 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 2 166251 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 1,115,356. MANAGEMENT AND GENERAL EXPENSES 18,993. FUNDRAISING EXPENSES 39,244. TOTAL EXPENSES 1,173,593. 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.