2017-11-08T15:08:27-06:00 2016-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2016-01-01 520788947 INSTITUTE FOR POLICY STUDIES INST 2022349382 1301 CONNECTICUT AVENUE NW NO 600 WASHINGTON DC 20036 JOHN CAVANAGH DIRECTOR 2022349382 2017-11-07 1 JENNIFER S HAN P00633304 2022937000 2017-11-07 73.152.49.101 2017-11-07 16:00:03 ES P FFEC48F2610CC50608908637401E9AB2BC41BB54 FFEC48F2610CC50608908637401E9AB2BC41BB54 2016 2018-03-14 21:41:22Z JOHN CAVANAGH 1301 CONNECTICUT AVENUE NW NO 600 WASHINGTON DC 20036 6254233 0 X WWW.IPS-DC.ORG X 1962 DC STRENGTHEN SOCIAL MOVEMENTS WITH INDEPENDENT RESEARCH AND VISIONARY THINKING. 19 17 58 67 0 0 3799890 5024377 102770 59489 33295 133348 27733 56351 3963688 5273565 83350 74750 0 0 2313252 2045497 0 0 306223 1787581 1769524 4184183 3889771 -220495 1383794 4568522 6190373 273079 536070 4295443 5654303 X THE INSTITUTE FOR POLICY STUDIES (THE INSTITUTE) IS A 55-YEAR-OLD ORGANIZATION THAT TRANSFORMS IDEAS INTO ACTION FOR PEACE, JUSTICE AND THE ENVIRONMENT. THE INSTITUTE'S RESEARCHERS STRENGTHEN SOCIAL MOVEMENTS WITH INDEPENDENT RESEARCH, VISIONARY THINKING, AND LINKS TO THE GRASSROOTS, SCHOLARS, AND ELECTED OFFICIALS. THE INSTITUTE EMPOWERS PEOPLE TO BUILD HEALTHY AND DEMOCRATIC COMMUNITIES LOCALLY, IN THE UNITED STATES, AND IN THE WORLD. COMBINING RESEARCH, ADVOCACY, EDUCATION, AND ORGANIZING, THE INSTITUTE WORKS ACROSS DISCIPLINES, BRINGING TOGETHER CREATIVE MINDS FROM VARIED BACKGROUNDS TO PROVIDE INFORMATION, ANALYSIS, AND ACTION FOR SOCIAL CHANGE. 0 0 1190673 12375 59489 NEW ECONOMY: THE INSTITUTE HAS BEEN A LEADER IN STRENGTHENING CITIZEN RESPONSES TO THE GLOBAL ECONOMY THROUGH RESEARCH, WRITING, FILM, EDUCATION, AND COALITION BUILDING. THE PROJECT HAS PRODUCED DOZENS OF BOOKS, ARTICLES, FILMS, AND EDUCATIONAL MATERIALS. 956403 25000 COMMON SECURITY: THE INSTITUTE DEVELOPED AND PROMOTED AN ALTERNATIVE APPROACH TO SETTING NATIONAL SECURITY PRIORITIES WITH ITS UNIFIED SECURITY BUDGET AND CLIMATE SECURITY BUDGETS. THE INSTITUTE'S RECOMMENDATIONS EMPHASIZED NON-MILITARY SOLUTIONS TO THE CORE SECURITY CHALLENGES OF CLIMATE CHANGE, GLOBAL POVERTY, TERRORISM AND REGIONAL WARS. THE INSTITUTE TOOK THIS CONVERSATION TO THE LOCAL LEVEL BY EDUCATING LOCALLY ELECTED OFFICIALS ABOUT THIS APPROACH AND HELPING THEM TO START DIALOGUES IN THEIR COMMUNITIES ABOUT THESE ISSUES. NUMEROUS REPORTS AND A BOOK ON THE WAR IN AFGHANISTAN WERE ALSO PRODUCED. 671412 13625 AFFILIATE: 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.NEW ECONOMY WORKING GROUP:THE INSTITUTE HELPED FOUND THIS COALITION TO PUT FORWARD A BOLD VISION AND IMPLEMENTATION STRATEGY FOR A NEW ECONOMY THAT WORKS FOR PEOPLE AND THE LIVING SYSTEMS ON WHICH THEIR WELL-BEING DEPENDS. THE NEW ECONOMY WORKING GROUP IS NOW HOUSED AT THE NEXT SYSTEMS PROJECT.NEW ENGLAND NEW ECONOMY TRANSITION:NEW ENGLAND NEW ECONOMY TRANSITION IS BASED IN THE BOSTON OFFICE OF THE INSTITUTE. THE PROJECT WORKS TO SPREAD THE WORD ABOUT THE NEW ECONOMY MOVEMENT AND SUPPORT COMMUNITY AND REGIONAL RESILIENCE. 256542 COMMUNICATIONS: INEQUALITY.ORG:INEQUALITY.ORG IS THE PREMIERE 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. 211738 23750 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. 136278 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. 604558 23750 3423046 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 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 1 102 0 1 58 1 0 0 0 0 0 0 0 0 0 0 X 19 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X X TIFFANY WILLIAMS 2022349382 1301 CONNECTICUT AVENUE NW WASHINGTON DC 20036 ETHELBERT MILLER 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 SARAH ANDERSON SECRETARY/FELLOW 37.50 X X 60600 0 8163 LEWIS STEEL GENERAL COUNSEL 0.50 X X 0 0 0 JOHN CAVANAGH DIRECTOR/FELLOW 37.50 X X 80657 0 18473 HARRY BELAFONTE TRUSTEE 0.50 X 0 0 0 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 TOPE FOLARIN 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 LAWRENCE JANSS TRUSTEE 0.50 X 0 0 0 KATHLEEN MALOY TRUSTEE 0.50 X 0 0 0 MARCUS RASKIN TRUSTEE/FELLOW 20.00 X 40641 0 0 ANDY SHALLAL TRUSTEE 0.50 X 0 0 0 MARVIN STENDER TRUSTEE 0.50 X 0 0 0 DANNY GLOVER TRUSTEE 0.50 X 0 0 0 181898 0 26636 0 0 0 0 MARC BAYARD 6930 PINEY BRANCH ROAD NW WASHINGTON DC 20012 CONSULTING 225500 1 44845 4979532 88588 5024377 CONTRACT INCOME 900099 59489 59489 59489 47197 47197 6600 6600 75097 0 75097 75097 75097 1048373 962222 86151 86151 86151 18446 44845 18446 0 CHANGE IN VALAUE OF SPLIT-INTERES 900099 -9446 -9446 LOSS FROM DISPOSAL OF ARTWORK 900099 -15900 -15900 -25346 5273565 59489 0 189699 X 64750 64750 10000 10000 208534 141128 9913 57493 1437056 1311463 37688 87905 31889 28066 1103 2720 232224 144718 23737 63769 135794 119527 4685 11582 96969 88942 8027 856133 820767 12164 23202 16727 16422 205 100 94658 91580 946 2132 94160 90139 119 3902 408943 406913 2030 81453 76404 1957 3092 11624 7175 1536 2913 4099 4099 13125 13125 19876 17594 2282 BANK SERVICE FEES 23715 6257 14864 2594 EQUIPMENT RENTAL 18476 12704 4859 913 PROJECT RESOURCE MATERI 8575 8028 480 67 OVERHEAD EXPENSE ALLOCA 0 -52153 11717 40436 20991 12622 6996 1373 3889771 3423046 160502 306223 1434364 1481265 496552 1835496 156179 119865 200793 189131 24787 11662 2434453 2741697 22187 388 4568522 6190373 128006 82093 145073 453977 273079 536070 X 2906952 2360551 1388491 3293752 4295443 5654303 4568522 6190373 1383794 -24934 0 X X 0 1 X 1 0 X 3606547 2759958 6016024 3799890 5024377 21206796 3606547 2759958 6016024 3799890 5024377 21206796 5193219 16013577 96231 75054 53323 66131 128894 419633 9268 23624 -8735 -6554 -9446 8157 21634586 320886 0.74020 0.69330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 200793 189131 11662 11662 ANNUITY LIABILITY 111198 CAPITAL LEASE OBLIGATION 12865 DEFERRED RENT LIABILITY 329914 453977 X 5267077 -24934 18446 -6488 5273565 0 5273565 3908217 18446 18446 3889771 0 3889771 PART X, LINE 2: THE INSTITUTE FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ASC TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INSTITUTE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AT DECEMBER 31, 2016, THE STATUTE OF LIMITATIONS FOR TAX YEARS ENDED DECEMBER 31, 2013 THROUGH 2015 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE INSTITUTE FILES TAX RETURNS. IT IS THE INSTITUTE'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 18,446. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 18,446. 1 0 0 0 0 0 0 0 0 0 EUROPE (INCLUDING ICELAND & GREENLAND) NEW ECONOMY 10000 WIRE TRANSFER 0 1 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. AWARD CEREMONY 63291 44845 18446 1890 12856 3700 63291 44845 18446 1890 12856 3700 18446 0 1 NEW PRIORITIES NETWORK 225 E 26TH STREET SUITE 1 TUCSON AZ 85713 472520810 501(C)(3) 23750 SPECIAL IPS PROJECTS: NEW PRIORITIES NETWORK SAMUEL RUBIN FOUNDATION 50 CHURCH STREET CAMBRIDGE MA 02138 136164671 501(C)(3) 15000 COMMON SECURITY WK KELLOGG FOUNDATION 1 MICHIGAN AVENUE EAST BATTLE CREEK MI 49017 381359264 501(C)(3) 13625 AFFILIATE COLOMBE FOUNDATION 600 THIRD AVENUE 18TH FLOOR NEW YORK NY 10016 137103356 501(C)(3) 10000 COMMON SECURITY 4 0 PART I, LINE 2: THE INSTITUTE MONITORS GRANT USE BY REQUIRING REGULAR FINANCIAL AND ACTIVITY REPORTS, INCLUDING ANY REPORTS SPECIFICALLY REQUIRED BY DONORS WHO CONTRIBUTE TO THE INSTITUTE WITH THE EXPLICIT INTENTION OF SUPPORTING THESE PROJECTS. X 5 88588 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF CONTRIBUTORS WHO DONATED THE PUBLICLY TRADED SECURITIES. 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 AVAILABLE 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 EARNS NO MORE THAN FOUR TIMES THE SALARY OF THE INSTITUTE'S LOWEST-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 FROM THE INSTITUTE'S DEVELOPMENT OFFICE. FORM 990, PART IX, LINE 11G CONSULTANTS - DC: PROGRAM SERVICE EXPENSES 793,488. MANAGEMENT AND GENERAL EXPENSES 10,794. FUNDRAISING EXPENSES 23,202. TOTAL EXPENSES 827,484. CONSULTANTS - BOSTON: PROGRAM SERVICE EXPENSES 27,279. MANAGEMENT AND GENERAL EXPENSES 1,370. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,649. FORM 990, PART XII, LINE 2C: THE INSTITUTE'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR APPOINTING AN INDEPENDENT AUDITOR AND OVERSEEING OF THE FINANCIAL STATEMENTS AUDIT. THERE WERE NO CHANGES FROM THE PRIOR YEAR.