Group Of Thirty
- Assets
- $3.7m
- Revenue
- $722.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Washington, DC
- Founding
- 03/1979
- Data as of
- 12/2022
- EIN
- 13-2966004
Organization Overview
Group Of Thirty is located in Washington, DC. The organization was established in 1979. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Group Of Thirty employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Group Of Thirty is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Group Of Thirty generated $722.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $680.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GROUP AIMS TO DEEPEN AN UNDERSTANDING OF INTERNATIONAL ECONOMIC AND FINANCIAL ISSUES, EXPLORE THE INTERNATIONAL REPERCUSSIONS OF DECISIONS TAKEN IN THE PUBLIC AND PRIVCATE SECTORS, AND TO EXAMINE THE CHOICES MADE AVAILABLE TO MARKET PRACTITIONERS AND POLICYMAKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS MEET TWICE A YEAR AND SEMINARS WITH A WIDER AUDIENCE ARE HELD FROM TIME TO TIME TO DISCUSS THE INTERNATIONAL OUTLOOK OVER THE NEXT 12-24 MONTHS AS WELL AS ISSUES OF CURRENT INTEREST.
PROJECTS ORGANIZED TO STUDY RISKS AND INEFFICIENCES IN THE INTERNATIONAL FINANCIAL SYSTEM, FOCUSED PRIMARILY ON BANKING AND SECURITIES ISSUES, LEADING TO REPORTS WITH RECOMMENDATIONS FOR BUSINESS PRACTICE AND PUBLIC POLICY.
PUBLICATIONS INCLUDE FINANCIAL REPORTS OF PROJECTS AND OTHER PUBLICATIONS ON VARIOUS INTERNATIONAL BANKING AND ECONOMIC ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Mackintosh Executive Director And Secretary | Officer | 40 | $203,000 |
Jacob A Frenkel Board Chairman | OfficerTrustee | 1 | $0 |
Tharman Shanmugaratnam Group Chairman | OfficerTrustee | 1 | $0 |
Guillermo Ortiz Treasurer | OfficerTrustee | 2 | $0 |
Roger W Ferguson Jr Director | Trustee | 1 | $0 |
Arminio Frago Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $697,559 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $697,559 |
| Total Program Service Revenue | $40 |
| Investment income | $24,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $722,433 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $203,000 |
| Compensation of current officers, directors, key employees. | $10,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,325 |
| Pension plan accruals and contributions | $24,671 |
| Other employee benefits | $11,413 |
| Payroll taxes | $25,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $753 |
| Fees for services: Accounting | $26,156 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,251 |
| Advertising and promotion | $1,638 |
| Office expenses | $40,486 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,763 |
| Travel | $26,953 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,064 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,688 |
| All other expenses | $6,303 |
| Total functional expenses | $680,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,549 |
| Savings and temporary cash investments | $3,133,485 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,951 |
| Prepaid expenses and deferred charges | $1,083 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $166,754 |
| Total assets | $3,715,822 |
| Accounts payable and accrued expenses | $26,890 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $158,261 |
| Total liabilities | $185,151 |
| Net assets without donor restrictions | $3,530,671 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,715,822 |