BUSARA CENTER FOR BEHAVIORAL ECONOMICS INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: BUSARA CENTER FOR BEHAVIORAL ECONOMICS INC (EIN 46-2695042)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-15
IRS object ID: 201943199349310874
Schema version: 2018v3.1
Note: A later return for the same period supersedes this one.
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule F
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-15T13:26:48-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	521392008	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GELMAN ROSENBERG & FREEDMAN	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4550 MONTGOMERY AVE SUITE 800N	AddressLine1Txt
City	BETHESDA	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	208142930	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	462695042	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BUSARA CENTER FOR BEHAVIORAL ECONOMICS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	BUSA	BusinessNameControlTxt
Phone	3107803560	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1340	AddressLine1Txt
City	PRINCETON	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08540	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMES VANCEL	PersonNm
Person Title	MANAGING DIRECTOR	PersonTitleTxt
Phone	3107803560	PhoneNum
Signature	2019-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD J LOCASTRO CPA	PreparerPersonNm
PTIN	P00288314	PTIN
Phone	3019519090	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	75.103.231.202	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-15	IPDt
IP Tm	14:26:41	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	4FA38BE9C690C82C721A5060F87FC7588CB81F81	AtSubmissionCreationDeviceId
At Submission Filing Device Id	74AC7595594BD7549B5128A38140EC137BCE6BEE	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JAMES VANCEL	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1340	AddressLine1Txt
City	PRINCETON	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08540	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,983,936	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.BUSARACENTER.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2013	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	SEE PART III, LINE 1.	ActivityOrMissionDesc
Voting Members Governing Body	4	VotingMembersGoverningBodyCnt
Voting Members Independent	1	VotingMembersIndependentCnt
Total Employee	1	TotalEmployeeCnt
Total Volunteers	1	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$150,000	PYContributionsGrantsAmt
CY Contributions Grants	$587,860	CYContributionsGrantsAmt
PY Program Service Revenue	$2,933,346	PYProgramServiceRevenueAmt
CY Program Service Revenue	$3,395,689	CYProgramServiceRevenueAmt
PY Investment Income	-$86,445	PYInvestmentIncomeAmt
CY Investment Income	$5	CYInvestmentIncomeAmt
PY Other Revenue	$17,423	PYOtherRevenueAmt
CY Other Revenue	$382	CYOtherRevenueAmt
PY Total Revenue	$3,014,324	PYTotalRevenueAmt
CY Total Revenue	$3,983,936	CYTotalRevenueAmt
PY Grants And Similar Paid	$3,755,200	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$2,938,238	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$132,553	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$57,549	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$910,537	PYOtherExpensesAmt
CY Other Expenses	$937,581	CYOtherExpensesAmt
PY Total Expenses	$4,798,290	PYTotalExpensesAmt
CY Total Expenses	$3,933,368	CYTotalExpensesAmt
PY Revenues Less Expenses	-$1,783,966	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$50,568	CYRevenuesLessExpensesAmt
Total Assets BOY	$641,467	TotalAssetsBOYAmt
Total Assets EOY	$572,689	TotalAssetsEOYAmt
Total Liabilities BOY	$307,266	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$187,920	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$334,201	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$384,769	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	BUSARA CENTER FOR BEHAVIOR ECONOMICS WAS ESTABLISHED TO FURTHER RESEARCH AND GENERATE KNOWLEDGE IN VARIOUS ACADEMIC DISCIPLINES BY PROVIDING RESEARCHERS WORLDWIDE ACCESS TO A CONTROLLED LABORATORY ENVIRONMENT TO RUN BEHAVIORAL ECONOMIC STUDIES WITH RESIDENTS OF LOW-INCOME AREAS AS RESEARCH PARTICIPANTS. CURRENT STUDIES ARE CONDUCTED IN NAIROBI, KENYA AND TRENTON, NEW JERSEY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$3,652,280	ExpenseAmt
Grant	$2,938,238	GrantAmt
Revenue	$3,395,689	RevenueAmt
Desc	PREPARATION OF DATA FOR NUMEROUS PUBLICATIONS AND WORKING PAPERS IN THE FIELD OF DECISION SCIENCE. CLEANING AND ANALYZING OF EXISTING DATASETS FOR FURTHER EXPERIMENTATION AND DESIGN. IMPLEMENTATION OF 27 RESEARCH STUDIES IN THE LAB AND FIELD. - 5,000 SUBJECTS INTERVIEWED IN DECISION-SCIENCE LAB ORIENTED GAMES.- 15,000 SUBJECTS PARTICIPATED IN FIELD RESEARCH PROGRAMS.- 5 TRAINING EVENTS HELD WITH VARIOUS GOVERNMENT, POLICY, AND NGO STAKEHOLDERS.- 5 PROJECTS RUN IN APPLIED EXPERIMENTATION WITH NGO AND PUBLIC PARTNERS.	Desc
Total Program Service Expenses	$3,652,280	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
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	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	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	Yes (1)	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	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	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	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	1	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
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	4	GoverningBodyVotingMembersCnt
Independent Voting Member	1	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	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JAMES VANCEL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3107803560	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1340	AddressLine1Txt
City	PRINCETON	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08540	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JAMES VANCEL
MANAGING DIRECTOR	2.00	38.00	Yes (X)	Yes (X)	$0	$78,235	$4
CHANING JANG
ASSOCIATE SCIENTIFIC DIREC	2.00	38.00	Yes (X)	Yes (X)	$0	$104,942	$4
JEREMY SHAPIRO
PRESIDENT	1.00	19.00	Yes (X)		$52,500	$0	$0
JOHANNES HAUSHOFER
SCIENTIFIC DIRECTOR	1.00	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$52,500	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$183,177	TotReportableCompRltdOrgAmt
Total Other Compensation	$8	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	INNOVATIONS FOR POVERTY ACTION	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	101 WHITNEY 2ND FLOOR	AddressLine1Txt
City	NEW HAVEN	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06510	ZIPCd

Field	Value	IRS element (for citing)
Services	RESEARCH STUDIES	ServicesDesc
Compensation	$128,849	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$587,860	AllOtherContributionsAmt
Total Contributions	$587,860	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	PROJECT REVENUE	Desc
Business	900099	BusinessCd
Total Revenue Column	$3,395,689	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,395,689	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$3,395,689	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5	TotalRevenueColumnAmt
Exclusion	$5	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Business	900099	BusinessCd
Total Revenue Column	$382	TotalRevenueColumnAmt
Exclusion	$382	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$382	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,983,936	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,395,689	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$387	ExclusionAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$2,938,238	TotalAmt
Program Services	$2,938,238	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$52,500	TotalAmt
Program Services	$5,833	ProgramServicesAmt
Management And General	$46,667	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,049	TotalAmt
Program Services	$559	ProgramServicesAmt
Management And General	$4,490	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$4,274	TotalAmt
Management And General	$4,274	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$41,029	TotalAmt
Management And General	$41,029	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$319,186	TotalAmt
Program Services	$301,733	ProgramServicesAmt
Management And General	$17,453	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$900	TotalAmt
Program Services	$900	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$63,444	TotalAmt
Program Services	$39,589	ProgramServicesAmt
Management And General	$23,855	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$278,658	TotalAmt
Program Services	$253,337	ProgramServicesAmt
Management And General	$25,321	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$27,097	TotalAmt
Management And General	$27,097	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$119,905	TotalAmt
Program Services	$55,198	ProgramServicesAmt
Management And General	$64,707	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
SURVEY COSTS	$20,139	$19,840	$299
FIELD GUIDES	$11,547	$11,547
INTERVENTION MATERIALS	$9,864	$9,864
DUES & SUBSCRIPTIONS	$9,625		$9,625

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$31,913	TotalAmt
Program Services	$15,642	ProgramServicesAmt
Management And General	$16,271	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,933,368	TotalAmt
Program Services	$3,652,280	ProgramServicesAmt
Management And General	$281,088	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$54,061	BOYAmt
EOY	$278,134	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$242,890	BOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$285,058	BOYAmt
EOY	$252,488	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$8,167	BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$8,868	BOYAmt
EOY	$16,172	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$124,296	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$98,401	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$42,423	BOYAmt
EOY	$25,895	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$641,467	BOYAmt
EOY	$572,689	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$307,266	BOYAmt
EOY	$187,920	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$307,266	BOYAmt
EOY	$187,920	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$91,311	BOYAmt
EOY	$384,769	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$242,890	BOYAmt
EOY	$0	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$334,201	BOYAmt
EOY	$384,769	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$641,467	BOYAmt
EOY	$572,689	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$50,568	ReconcilationRevenueExpnssAmt
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	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,500	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,274,492	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,919,695	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$150,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$587,860	CurrentTaxYearAmt
Total	$3,934,547	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$383,934	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,249,020	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,375,079	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,933,346	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,395,689	CurrentTaxYearAmt
Total	$11,337,068	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$386,434	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,523,512	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,294,774	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,083,346	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,983,549	CurrentTaxYearAmt
Total	$15,271,615	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$706,113	CurrentTaxYearMinus3YearsAmt
Current Tax Year	$587,860	CurrentTaxYearAmt
Total	$1,293,973	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$951,085	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,294,259	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,048,730	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,435,270	CurrentTaxYearAmt
Total	$6,729,344	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$1,657,198	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,294,259	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,048,730	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,023,130	CurrentTaxYearAmt
Total	$8,023,317	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$7,248,298	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$5	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$10	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5	CurrentTaxYearAmt
Total	$21	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$5	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$10	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5	CurrentTaxYearAmt
Total	$21	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$17,423	CurrentTaxYearMinus1YearAmt
Current Tax Year	$382	CurrentTaxYearAmt
Total	$17,805	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$386,434	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,523,517	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,294,784	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,100,770	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,983,936	CurrentTaxYearAmt
Total	$15,289,441	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.47410	PublicSupportCY509Pct
Public Support PY509	0.51410	PublicSupportPY509Pct
Investment Income CY	0.00000	InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

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

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$124,296	OtherCostOrOtherBasisAmt
Depreciation	$98,401	DepreciationAmt
Book Value	$25,895	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$25,895	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,983,936	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$3,983,936	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,983,936	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,933,368	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$3,933,368	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$3,933,368	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017, BUSARA CENTER HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.	ExplanationTxt

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

Field	Value	IRS element (for citing)
Region	SUB-SAHARAN AFRICA	RegionTxt
Offices	1	OfficesCnt
Employee	0	EmployeeCnt
Type Of Activities Conducted	GRANT TO RECIPIENT LOCATED IN REGION	TypeOfActivitiesConductedTxt
Region Total Expenditures	$2,938,238	RegionTotalExpendituresAmt

Field	Value	IRS element (for citing)
Subtotal Offices	1	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	1	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$2,938,238	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$2,938,238	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Region	SUB-SAHARAN AFRICA	RegionTxt
Purpose Of Grant	RESEARCH AND ADVISORY SERVICES	PurposeOfGrantTxt
Cash Grant	$2,938,238	CashGrantAmt
Manner Of Cash Disbursement	WIRE	MannerOfCashDisbursementTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	0	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	BUSARA CENTER U.S. PROVIDED A GRANT TO BUSARA CENTER KEYNA, A RELATED ORGANIZATION. THE U.S. ORGANIZATION WORKS CLOSELY WITH BUSARA CENTER KENYA TO ENSURE FUNDS ARE SPENT ON EDUCATIONAL ACTIVITIES.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND CIRCULATED VIA EMAIL TO THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SIGNS A STATEMENT, AND IS ANNUALLY REMINDED OF THE STATEMENT, WHICH AFFIRMS THAT SUCH PERSON: A) HAS RECEIVED A COPY OF THIS POLICY ON FINANCIAL CONFLICTS OF INTEREST, B) HAS READ AND UNDERSTANDS THE POLICY, C) AGREES TO COMPLY WITH THE POLICY, AND D) UNDERSTANDS THAT THE CORPORATION IS A TAX-EXEMPT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS TAX EXEMPTION THE CORPORATION MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IF IT IS DETERMINED THAT ANY DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS IS AN INTERESTED PERSON AND THAT A FINANCIAL CONFLICT OF INTEREST EXISTS: A) IF DETERMINED BY THE BOARD OR COMMITTEE TO BE APPROPRIATE, THE CHAIRPERSON OF THE BOARD OR COMMITTEE APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION OR ARRANGEMENT PROPOSED BY OR FOR THE CORPORATION.
FORM 990, PART VI, SECTION B, LINE 15A	BUSARA CENTER RELIES ON A RELATED ORGANIZATION TO DETERMINE COMPENSATION. BUSARA CENTER KENYA'S PROCESS IS AS FOLLOWS: IN APPROVING ANY COMPENSATION ARRANGEMENT, THE DIRECTORS WILL GATHER INFORMATION SUFFICIENT TO DETERMINE WHETHER THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE. IN THE CASE OF COMPENSATION, RELEVANT INFORMATION INCLUDES, BUT IS NOT LIMITED TO, COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS, THE AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA OF THE APPLICABLE TAX-EXEMPT ORGANIZATION, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS. THE REVIEW IS DOCUMENTED IN THE BOARD MINUTES. THE LAST COMPENSATION REVIEW FOR THE MANAGING DIRECTOR TOOK PLACE JANUARY 2019.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	BUSARA CENTER FOR BEHAVIORAL ECONOMICS	BusinessNameLine1Txt

Foreign Address ForeignAddress

Field	Value	IRS element (for citing)
Address Line1	DAYKIO PLAZA NGONG	AddressLine1Txt
City	NAIROBI	CityNm
Country	KE	CountryCd

Field	Value	IRS element (for citing)
Primary Activities	RESEARCH STUDIES	PrimaryActivitiesTxt
Legal Domicile Foreign Country	KE	LegalDomicileForeignCountryCd
Exempt Code Section	N/A	ExemptCodeSectionTxt
Public Charity Status	N/A	PublicCharityStatusTxt
Direct Controlling NA	N/A	DirectControllingNACd
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd