INSTITUTE OF WORLD POLITICS: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- INSTITUTE OF WORLD POLITICS (EIN 52-1699641)
- Tax period
- 2016-08-01 to 2017-07-31
- Filed
- 2018-06-12
- IRS object ID
- 201831639349300613
- Schema version
- 2016v3.0
- 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 E
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-06-12T08:39:18-05:00 | ReturnTs |
| Tax Period End | 2017-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9737 Washingtonian Blvd 400 | AddressLine1Txt |
| City | Gaithersburg | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20878 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521699641 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE INSTITUTE OF WORLD POLITICS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INST | BusinessNameControlTxt |
| Phone | 2024622101 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1521 16TH STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Matthew X Ryan | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2024622101 | PhoneNum |
| Signature | 2018-06-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM E TURCO CPA | PreparerPersonNm |
| PTIN | P00369217 | PTIN |
| Phone | 3012963600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR JOHN LENCZOWSKI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1521 16TH STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,252,762 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.IWP.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | A Graduate school of National Security and International Affairs, dedicated to developing leaders with a sound understanding of international realities, and the ethical conduct of statecraft. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 74 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,770,672 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,375,737 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,557,583 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,833,453 | CYProgramServiceRevenueAmt |
| PY Investment Income | $157,869 | PYInvestmentIncomeAmt |
| CY Investment Income | $399,991 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,685 | PYOtherRevenueAmt |
| CY Other Revenue | $100,142 | CYOtherRevenueAmt |
| PY Total Revenue | $8,488,809 | PYTotalRevenueAmt |
| CY Total Revenue | $6,709,323 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $214,655 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $405,320 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,824,310 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,286,102 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $663,010 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,149,938 | PYOtherExpensesAmt |
| CY Other Expenses | $2,103,214 | CYOtherExpensesAmt |
| PY Total Expenses | $6,188,903 | PYTotalExpensesAmt |
| CY Total Expenses | $6,794,636 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,299,906 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$85,313 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,617,557 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,745,052 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,187,678 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,948,723 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,429,879 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,796,329 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE INSTITUTE OF WORLD POLITICS IS A GRADUATE SCHOOL OF NATIONAL SECURITY AND INTERNATIONAL AFFAIRS, DEDICATED TO DEVELOPING LEADERS WITH A SOUND UNDERSTANDING OF INTERNATIONAL REALITIES AND THE ETHICAL CONDUCT OF STATECRAFT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,617,354 | ExpenseAmt |
| Grant | $405,320 | GrantAmt |
| Revenue | $2,833,453 | RevenueAmt |
| Desc | The institute offers three M.A. degrees in its Master's Degree Program, eight Certificates of Graduate Study, and a Continuing Education Program, all with a professional curriculum covering the various elements of statecraft. This curriculum is based upon an interdisciplinary foundational course of study that includes relevant elements of comparative political culture, Western moral precepts, practical political economics, and a political and diplomatic history. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,584,927 | ExpenseAmt |
| Desc | The Institute has a program of educational and occupational counseling for it's students from various people associated with the Institute, including the Faculty Chairman, the Admissions Coordinator, and other faculty members The Institute assists its students with finding employment opportunities, particularly those in the foreign affairs and national security fields. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $260,885 | ExpenseAmt |
| Desc | The library offers services to support the Institutes curriculum and expand students learning outside the classroom by providing access to our print collections, electronic subscriptions, as well as access to partner libraries. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $4,463,166 | 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 | Yes (1) | 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 | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | 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 | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| 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 | 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 | 64 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 74 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | 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 |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | 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 | Matthew X Ryan CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2024622101 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1521 16TH STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Owen T Smith | ||||||||
| Board Chair | 8.00 | Yes (X) | $0 | $0 | $0 | |||
| John Lovewell | ||||||||
| Board Vice Chair | 8.00 | Yes (X) | $0 | $0 | $0 | |||
| Tidal McCoy | ||||||||
| Board Secretary/Treasurer | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| Carlos Fonts Snr | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Colin Mcintosh | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Gen John Nicholson | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Hon Edward F Reilly | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Joseph Reyes | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RADM David Rogers | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Peter Schaumber | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Barry Sullivan | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Hon William Webster | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Amb Aldona Wos | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Peter Brinckerhoff | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| William Shaw | ||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| John Lencowski | ||||||||
| President | 40.00 | Yes (X) | $233,977 | $0 | $32,910 | Yes (X) | ||
| Larry Cosgriff | ||||||||
| Executive Vice President | 40.00 | $171,446 | $0 | $15,773 | Yes (X) | |||
| Elaine Pinder | ||||||||
| CFO until 06/30/17 | 40.00 | $57,497 | $0 | $4,816 | Yes (X) | |||
| Matthew X Ryan | ||||||||
| CFO from 06/01/17 | 40.00 | $0 | $0 | $0 | Yes (X) | |||
| Mackubin Owens | ||||||||
| Dean of Academics | 40.00 | $168,340 | $0 | $1,485 | Yes (X) | |||
| Marek Chodakiewicz | ||||||||
| Professor | 40.00 | $141,024 | $0 | $21,376 | Yes (X) | |||
| John Tsagronis | ||||||||
| Professor | 40.00 | $165,506 | $0 | $25,461 | Yes (X) | |||
| Joseph Wood | ||||||||
| Professor | 40.00 | $131,915 | $0 | $493 | Yes (X) | |||
| Thomas Atwood | ||||||||
| VP Development | 40.00 | $155,020 | $0 | $24,425 | Yes (X) | |||
| David Thomas | ||||||||
| Professor | 40.00 | $145,548 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,370,273 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $126,739 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $3,375,737 | AllOtherContributionsAmt |
| Noncash Contributions | $2,008 | NoncashContributionsAmt |
| Total Contributions | $3,375,737 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition fees | 900099 | $2,763,884 | $2,763,884 |
| Student fees | 611710 | $69,569 | $69,569 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,833,453 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $89,036 | TotalRevenueColumnAmt |
| Exclusion | $89,036 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $61,470 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $38,176 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,294 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,294 | TotalRevenueColumnAmt |
| Exclusion | $23,294 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,816,218 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,505,263 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $310,955 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $310,955 | TotalRevenueColumnAmt |
| Exclusion | $310,955 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Bad debt recovery | 900099 | $74,348 | $74,348 |
| other income | 900099 | $2,500 | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $76,848 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,709,323 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,833,453 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $500,133 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,320 | TotalAmt |
| Program Services | $405,320 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $733,057 | TotalAmt |
| Program Services | $505,493 | ProgramServicesAmt |
| Management And General | $164,737 | ManagementAndGeneralAmt |
| Fundraising | $62,827 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,931,529 | TotalAmt |
| Program Services | $2,048,249 | ProgramServicesAmt |
| Management And General | $637,605 | ManagementAndGeneralAmt |
| Fundraising | $245,675 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,829 | TotalAmt |
| Program Services | $34,735 | ProgramServicesAmt |
| Management And General | $24,933 | ManagementAndGeneralAmt |
| Fundraising | $8,161 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,691 | TotalAmt |
| Program Services | $187,357 | ProgramServicesAmt |
| Management And General | $70,660 | ManagementAndGeneralAmt |
| Fundraising | $26,674 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,996 | TotalAmt |
| Program Services | $190,876 | ProgramServicesAmt |
| Management And General | $56,240 | ManagementAndGeneralAmt |
| Fundraising | $21,880 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,061 | TotalAmt |
| Management And General | $45,676 | ManagementAndGeneralAmt |
| Fundraising | $5,385 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,595 | TotalAmt |
| Management And General | $145,595 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,811 | TotalAmt |
| Management And General | $19,811 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,262 | TotalAmt |
| Program Services | $258,129 | ProgramServicesAmt |
| Management And General | $88,911 | ManagementAndGeneralAmt |
| Fundraising | $59,222 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,556 | TotalAmt |
| Program Services | $6,136 | ProgramServicesAmt |
| Management And General | $50 | ManagementAndGeneralAmt |
| Fundraising | $370 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,760 | TotalAmt |
| Program Services | $138,810 | ProgramServicesAmt |
| Management And General | $48,782 | ManagementAndGeneralAmt |
| Fundraising | $58,168 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,801 | TotalAmt |
| Program Services | $15,195 | ProgramServicesAmt |
| Management And General | $42,074 | ManagementAndGeneralAmt |
| Fundraising | $6,532 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,292 | TotalAmt |
| Program Services | $124,194 | ProgramServicesAmt |
| Management And General | $56,275 | ManagementAndGeneralAmt |
| Fundraising | $20,823 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,915 | TotalAmt |
| Program Services | $80,162 | ProgramServicesAmt |
| Management And General | $35,927 | ManagementAndGeneralAmt |
| Fundraising | $26,826 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,388 | TotalAmt |
| Program Services | $110,350 | ProgramServicesAmt |
| Management And General | $18,496 | ManagementAndGeneralAmt |
| Fundraising | $61,542 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,048 | TotalAmt |
| Management And General | $183,048 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,457 | TotalAmt |
| Program Services | $224,923 | ProgramServicesAmt |
| Management And General | $9,519 | ManagementAndGeneralAmt |
| Fundraising | $38,015 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,740 | TotalAmt |
| Program Services | $37,111 | ProgramServicesAmt |
| Management And General | $11,356 | ManagementAndGeneralAmt |
| Fundraising | $6,273 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Publications & Subscrip | $84,352 | $79,205 | $340 | $4,807 |
| Dues | $13,193 | $4,275 | $6,018 | $2,900 |
| Credit Card Processing | $11,990 | $8,550 | $30 | $3,410 |
| other expenses | $9,993 | $4,096 | $2,377 | $3,520 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,794,636 | TotalAmt |
| Program Services | $4,463,166 | ProgramServicesAmt |
| Management And General | $1,668,460 | ManagementAndGeneralAmt |
| Fundraising | $663,010 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $409 | BOYAmt |
| EOY | $1,154 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,194,672 | BOYAmt |
| EOY | $1,345,459 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,741,251 | BOYAmt |
| EOY | $2,444,033 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,626 | BOYAmt |
| EOY | $61,256 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,663 | BOYAmt |
| EOY | $69,120 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $11,014,819 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $550,040 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,226 | BOYAmt |
| EOY | $10,464,779 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,507,946 | BOYAmt |
| EOY | $2,905,345 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,643 | BOYAmt |
| EOY | $29,165 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $725,121 | BOYAmt |
| EOY | $424,741 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,617,557 | BOYAmt |
| EOY | $17,745,052 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,098 | BOYAmt |
| EOY | $183,505 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,400 | BOYAmt |
| EOY | $13,400 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $8,167,691 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $897,131 | BOYAmt |
| EOY | $500,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,114,049 | BOYAmt |
| EOY | $1,084,127 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,187,678 | BOYAmt |
| EOY | $9,948,723 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,953,186 | BOYAmt |
| EOY | $3,956,786 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,818,598 | BOYAmt |
| EOY | $2,793,808 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,658,095 | BOYAmt |
| EOY | $1,045,735 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,429,879 | BOYAmt |
| EOY | $7,796,329 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,617,557 | BOYAmt |
| EOY | $17,745,052 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$85,313 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $236,158 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $215,605 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,961,136 | BeginningYearBalanceAmt |
| Contributions | $137,640 | ContributionsAmt |
| Investment Earnings Or Losses | $392,981 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,910,559 | OtherExpendituresAmt |
| End Year Balance | $2,581,198 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,925,631 | BeginningYearBalanceAmt |
| Contributions | $10,990 | ContributionsAmt |
| Investment Earnings Or Losses | $58,723 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $34,208 | OtherExpendituresAmt |
| End Year Balance | $3,961,136 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,688,220 | BeginningYearBalanceAmt |
| Contributions | $155,700 | ContributionsAmt |
| Investment Earnings Or Losses | $245,650 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $163,939 | OtherExpendituresAmt |
| End Year Balance | $3,925,631 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,936,174 | BeginningYearBalanceAmt |
| Contributions | $19,485 | ContributionsAmt |
| Investment Earnings Or Losses | $525,314 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $792,753 | OtherExpendituresAmt |
| End Year Balance | $3,688,220 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,752,351 | BeginningYearBalanceAmt |
| Contributions | $1,500 | ContributionsAmt |
| Investment Earnings Or Losses | $633,986 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $451,663 | OtherExpendituresAmt |
| End Year Balance | $3,936,174 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.56650 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.40510 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.02840 | 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 | $2,060,000 | OtherCostOrOtherBasisAmt |
| Book Value | $2,060,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,521,598 | OtherCostOrOtherBasisAmt |
| Depreciation | $195,287 | DepreciationAmt |
| Book Value | $8,326,311 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,593 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,001 | DepreciationAmt |
| Book Value | $1,592 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $211,896 | OtherCostOrOtherBasisAmt |
| Depreciation | $172,569 | DepreciationAmt |
| Book Value | $39,327 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $213,732 | OtherCostOrOtherBasisAmt |
| Depreciation | $176,183 | DepreciationAmt |
| Book Value | $37,549 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,464,779 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuity obligation | $61,370 |
| Capital lease obligation | $22,757 |
| Refundable advances | $1,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,084,127 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,503,989 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $236,158 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$405,320 | OtherRevenueAmt |
| Revenue Not Reported | -$169,162 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,673,151 | RevenueSubtotalAmt |
| Other Revenues Not Included | $36,172 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $36,172 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,709,323 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,353,144 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$36,172 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$36,172 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,389,316 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $405,320 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $405,320 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,794,636 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | This is a book collection donated by the Board Chair. The collection belonged to the former CIA Director, William Casey. |
| Part V, Line 4: | The institute's endowment is used to fund educational programs run by the Institute, as well as to cover the day-to-day expenses of operation. |
| Part X, Line 2: | The Institute is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC). Income that is not related to exempt purposes, less applicable deductions, is subject to federal and state corporate income taxes. The Institute had no net unrelated business income for the years ended July 31, 2017 and 2016. The Institute is not classified as a private foundation under Section 509(a)(1) of the IRC. In accordance with authoritative guidance on accounting for uncertainty in income taxes issued by the Financial Accounting Standards Board (FASB), the Institute recognizes tax liabilities for uncertain tax positions when it is more likely than not that a tax position will not be sustained upon examination and settlement with various taxing authorities. Liabilities for uncertain tax positions are measured based upon the largest amount of benefit that is greater than 50% likely of being realized upon settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes and accounting in interim periods. The Institute recognizes interest accrued and penalties related to unrecognized tax benefits, if any, as income tax expense. With few exceptions, the Institute is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years ended July 31, 2014, and prior. Management has evaluated the Institute's tax positions and has concluded that the Institute has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. |
| Part XI, Line 2d - Other Adjustments: | Scholarships netted against tuition revenue on Financial statement -405,320. |
| Part XI, Line 4b - Other Adjustments: | bad debt recovery reported on Part VIII, Line 11a 74,348. Rental expenses recorded on Part VIII, Line 6b -38,176. |
| Part XII, Line 2d - Other Adjustments: | bad debt recovery reported in Part VIII, Line 11a -74,348. Rental expenses recorded on Part VIII, Line 6b 38,176. |
| Part XII, Line 4b - Other Adjustments: | Scholarships netted against tuition revenue on Financial statement 405,320. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The institute publishes its non-discriminatory policy on its website and in its student catalog & student handbook (the two items are combined in one printed document) the catalog/handbook appears on the IWP website in pdf form and the full statement appears on the admission page of the website at http://www.iwp.edu/prospective_students/page/admissions-policies |
| Schedule E, Part I, Line 6 | The institute participates in a federal student loan program with the United States department of education. In fiscal year 2016, the institute received $1,618,353 in student financial assistance funding. This amount is used to fund student tuition and represents a flow-through that does not impact the institute's income statement. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 87 | RecipientCnt |
| Cash Grant | $405,320 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Institute offers scholarships to students matriculating at the Institute. These scholarships are offered as direct reductions to tuition costs and no funds are remitted to the students. Since the student may not exercise any personal discretion as to how the funds are applied, the Institute is not required to monitor the use of the funds. Research fellows are chosen based on the qualifications in the area of research determined by the Director of the Center for Culture and Security. Grants are awarded based on grant budgets and funding availability. Once grants are awarded, funds are spent at the fellows discretion. Periodic updates are required as determined by the grant agreement that stipulate outcomes and deliverables. Academic fellows and students requesting scholarships apply to IWP, and are awarded fellowships and scholarships by the Financial Aid Committee. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| John Lencowski | ||||||||||||||
| President | $230,929 | $0 | $0 | $0 | $3,048 | $0 | $11,250 | $0 | $23,336 | $0 | $268,563 | $0 | $0 | $0 |
| Larry Cosgriff | ||||||||||||||
| Executive Vice President | $169,862 | $0 | $0 | $0 | $1,584 | $0 | $7,292 | $0 | $13,317 | $0 | $192,055 | $0 | $0 | $0 |
| Mackubin Owens | ||||||||||||||
| Dean of Academics | $163,396 | $0 | $0 | $0 | $4,944 | $0 | $0 | $0 | $2,911 | $0 | $171,251 | $0 | $0 | $0 |
| Marek Chodakiewicz | ||||||||||||||
| Professor | $140,499 | $0 | $0 | $0 | $525 | $0 | $1,200 | $0 | $26,810 | $0 | $169,034 | $0 | $0 | $0 |
| John Tsagronis | ||||||||||||||
| Professor | $164,551 | $0 | $0 | $0 | $955 | $0 | $6,000 | $0 | $26,206 | $0 | $197,712 | $0 | $0 | $0 |
| Thomas Atwood | ||||||||||||||
| VP Development | $151,972 | $0 | $0 | $0 | $3,048 | $0 | $7,500 | $0 | $23,960 | $0 | $186,480 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | District of Columbia Reenue bonds Series 2016 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 536001131 | BondIssuerEIN |
| Bond Issued | 2016-09-26 | BondIssuedDt |
| Issue Price | $8,500,000 | IssuePriceAmt |
| Purpose | to fund the acquisition of the existing campus | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $186,000 | RetiredAmt |
| Total Proceeds | $8,500,000 | TotalProceedsAmt |
| Other Spent Proceeds | $8,500,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2016 | SubstantialCompletionYr |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sun Trust Bank | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The Form 990 was prepared by an independent accounting firm in conjunction with the organization's financial department. The Form 990 was circulated to the full board of trustees prior to filing for comment and approval. Once approved, the Form 990 was electronically filed with the Internal Revenue Service. |
| Form 990, Part VI, Section B, line 12c | The Institute of World Politics has a conflict of interest policy in place. Every employee of the Institute is required to comply with the requirements of the conflict of interest policy. On an annual basis, all employees (including officers, directors and key employees) are required to disclose any business transactions with either the Institute or with another Institute employee. This policy of disclosure also extends to family members of Institute employees. The institute exercises due diligence with respect to all conflict of interest disclosure. To the extent any conflict is discovered, the matter is addressed immediately by the appropriate Institute Department. No conflicts were discovered in the year ending July 31, 2015. |
| Form 990, Part VI, Section B, line 15a | The board of trustees determines the president's compensation, usually in executive session at one of the regular spring or fall board meetings. At these meetings, the trustees review and discuss the president's performance and annual compensation. A formal process was put in place establishing an employment agreement. The salary shall be reviewed every two years and adjusted as determined by the Compensation Committee and approved by the Board of Trustees. This process has not been an annual process, but the Institute is looking to implement a formal process that is consistent and documented in the appropriate Board minutes The Employment Agreement shall expire on July 31, 2023. Within the context of an approved budget, The president reviews and approves the compensation of the Vice President of Finance and Administration, the Vice President of institutional Advancement, and the Dean of Academic Affairs. |
| Form 990, Part VI, Section C, line 19 | The Institute makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. |
| Form 990, Part XI, line 9: | Adjustment to annuity obligation 215,605. |
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