Demos A Network For Ideas And Action Ltd
- Assets
- $17.5m
- Revenue
- $13.0m
- Investments
- $0.0
- Employees
- 43
- Location
- New York, NY
- Founding
- 04/2001
- Data as of
- 06/2023
- EIN
- 13-4105066
Organization Overview
Demos A Network For Ideas And Action Ltd is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2023, Demos A Network For Ideas And Action Ltd employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Demos A Network For Ideas And Action Ltd 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 06/2023, Demos A Network For Ideas And Action Ltd generated $13.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $10.2m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Demos A Network For Ideas And Action Ltd has awarded 138 individual grants totaling $4,487,318. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEMOS IS A NON-PARTISAN PUBLIC POLICY ORGANIZATION WORKING FOR AN AMERICA WHERE WE ALL HAVE AN EQUAL SAY IN OUR DEMOCRACY AND AN EQUAL CHANCE IN OUR ECONOMY. DEMOS IS WORKING TO REDUCE BOTH POLITICAL AND ECONOMIC INEQUALITY, DEPLOYING ORIGINAL RESEARCH, ADVOCACY, LITIGATION, AND STRATEGIC COMMUNICATIONS TO CREATE THE AMERICA THE PEOPLE DESERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEMOCRACY REFORM: DEMOS IS COMMITTED TO CREATING AN INCLUSIVE DEMOCRACY BY PROTECTING OUR FREEDOM TO VOTE AND ENSURING THE DEMOCRATIC PROCESS REFLECTS OUR DIVERSE ELECTORATE. WE ANALYZE POLICIES, PRACTICES, AND POWER DYNAMICS THAT MAINTAIN RACIAL INEQUITY AND EXCLUDE AMERICANS FROM FULL PARTICIPATION IN OUR DEMOCRACY AND GENERATE BOLD SOLUTIONS.
ECONOMIC DEMOCRACY AND JUSTICE: DEMOS IS WORKING TO COMBAT THE INEQUALITY OF OUR CURRENT ECONOMIC SYSTEM. THIS INCLUDES IN-DEPTH ANALYSIS, NARRATIVE DEVELOPMENT, AND POLICY PROPOSALS TO BUILD ECONOMIC POWER FOR BLACK AND BROWN PEOPLE, IMPROVE JOB QUALITY AND ACCESS, ADVANCE WORKER RIGHTS, AND SEEK REFORM IN OUR FLAWED BANKING SYSTEM.
POWER AND MOVEMENT BUILDING: DEMOS WORKS TO CONNECT THE IDEAS OF DEMOS WITH STRATEGIES TO SUPPORT GRASSROOTS ORGANIZATIONS. OUR INCLUSIVE DEMOCRACY PROJECT WORKS WITH GRASSROOTS PARTNERS AROUND THE COUNTRY TO ENSURE THAT RACIAL EQUITY IS AT THE CENTER OF ADVOCACY CAMPAIGNS FOR DEMOCRACY REFORM. WE EMPLOY RESEARCH AND POLICY EXPERTISE, COMMUNICATIONS STRATEGIES, AND LITIGATION CAPACITIES IN PARTNERSHIP WITH MOVEMENT ORGANIZATIONS TO WORK FOR A MORE EQUITABLE ECONOMY AND DEMOCRACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rupa Balasubramanian Chair | OfficerTrustee | 1 | $0 |
Xavier DE Souza Briggs Vice-Chair | OfficerTrustee | 1 | $0 |
Ruth Wooden Treasurer | OfficerTrustee | 1 | $0 |
Stephen Mcconnell Secretary | OfficerTrustee | 1 | $0 |
David Johnson Director | Trustee | 1 | $0 |
Michael D Tubbs Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nonprofit Professionals Advisory Group Professional Search Services | 6/29/23 | $308,844 |
Kerry Mitchell Brown Llc Strategic Advising | 6/29/23 | $240,000 |
Fenton Communications Inc Communications Support | 6/29/23 | $142,000 |
Wardenski Pc Legal Support Services | 6/29/23 | $125,654 |
Sinu Inc It Consultant | 6/29/23 | $124,351 |
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 | $12,230,189 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,230,189 |
| Total Program Service Revenue | $629,012 |
| Investment income | $141,322 |
| 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 | $13,000,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $199,500 |
| 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. | $1,632,754 |
| Compensation of current officers, directors, key employees. | $364,587 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,257,776 |
| Pension plan accruals and contributions | $169,439 |
| Other employee benefits | $778,997 |
| Payroll taxes | $321,956 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $172,874 |
| Fees for services: Accounting | $56,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,075,585 |
| Advertising and promotion | $242,791 |
| Office expenses | $163,397 |
| Information technology | $300,252 |
| Royalties | $0 |
| Occupancy | $1,120,825 |
| Travel | $238,815 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $225,807 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,398 |
| Insurance | $64,806 |
| All other expenses | $26,588 |
| Total functional expenses | $10,224,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $630,307 |
| Savings and temporary cash investments | $5,965,876 |
| Pledges and grants receivable | $6,223,895 |
| Accounts receivable, net | $57,830 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $299,218 |
| Net Land, buildings, and equipment | $249,612 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,070,788 |
| Total assets | $17,497,526 |
| Accounts payable and accrued expenses | $550,634 |
| 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 | $4,642,278 |
| Total liabilities | $5,192,912 |
| Net assets without donor restrictions | $3,922,217 |
| Net assets with donor restrictions | $8,382,397 |
| 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 | $17,497,526 |
Grants Awarded
Over the last fiscal year, Demos A Network For Ideas And Action Ltd has awarded $179,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PUBLIC POLICY AND EDUCATION FUND OF NEW YORK INC PURPOSE: NY BIPOC DEMOCRACY TABLE | $30,000 |
MOTHERING JUSTICE PURPOSE: 2022 "VOTECHELLA" VOTER ENGAGEMENT | $20,000 |
COALITION OF COMMUNITIES OF COLOR PURPOSE: NOM STATE CONVENING | $12,000 |
FLORIDA RIGHTS RESTORATION COALITION INC PURPOSE: CIVIL RIGHTS LEGAL ORGANIZATIONS | $12,000 |
BLUEPRINT NORTH CAROLINA PURPOSE: "CODE RED NC" PROJECT AND WEBSITE | $25,000 |
TAKEACTION MINNESOTA EDUCATION FUND PURPOSE: STRATEGIC PLANNING EVENT | $15,000 |