Open Society Institute
- Assets
- $5.9b
- Revenue
- $988.4m
- Investments
- $5.8b
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1994
- Data as of
- 12/2021
- EIN
- 13-7029285
Organization Overview
Open Society Institute is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Society Institute 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 12/2021, Open Society Institute generated $988.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $556.4m during the year ending 12/2021. While expenses have increased by 16.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Open Society Institute has awarded 11,365 individual grants totaling $1,629,370,658. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRATEGIC LITIGATION PROGRAM REPRESENTS INDIVIDUALS BEFORE DOMESTIC AND INTERNATIONAL COURTS. IT DOCUMENTS VIOLATIONS, PROPOSE SOLUTIONS AND ENGAGE POLICYMAKERS.
GLOBAL PROGRAM WORKS IN DEEP PARTNERSHIP WITH REGIONAL AND OTHER OPEN SOCIETY UNITS TO MAXIMIZE IMPACT.
OPEN SOCIETY-ASIA PACIFIC WORKS ON ISSUES OF RULE OF LAW AND ACCESS TO JUSTICE, RIGHTS OF MARGINALIZED COMMUNITIES, AND INCLUSIVE DEMOCRATIC SPACE.
OPEN SOCIETY-U.S. SUPPORTS EFFORTS TO BUILDING VIBRANT, INCLUSIVE, AND MORE JUST SOCIETY IN THE UNITED STATES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Soros Trustee | 5 | $0 | |
Mark Malloch-Brown Trustee & President | 10 | $538,335 | |
Patrick Gaspard President (former) | 0 | $955,292 | |
Leonard Benardo Senior Vice President | 40 | $715,705 | |
Maija Arbolino Treasurer/cfo | 40 | $401,142 | |
Gail Scovell Gen Counsel, Secretary (res 4/4/22) | 40 | $625,930 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bit By Bit Computer Consultants Inc | 12/30/22 | $3,828,211 |
Cushman & Wakefield Inc | 12/30/22 | $1,274,840 |
Shepardson Stern & Kaminsky Llp | 12/30/22 | $1,588,082 |
Gotham Technology Group Llc | 12/30/22 | $1,197,399 |
Temporary Staffing & Search Llc | 12/30/22 | $1,201,509 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,780,018,584 |
| Interest on Savings | $2,691 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$840,168,569 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $48,498,192 |
| Total Revenue | $988,350,898 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,763,628 |
| Other employee salaries and wages | $71,994,384 |
| Pension plans, employee benefits | $40,436,014 |
| Interest | $64,843 |
| Taxes | $8,328,508 |
| Depreciation | $2,501,177 |
| Occupancy | $7,935,208 |
| Travel, conferences, and meetings | $928,679 |
| Printing and publications | $525,937 |
| Other expenses | $66,768,671 |
| Total operating and administrative expenses | $231,076,183 |
| Contributions, gifts, grants paid | $325,360,110 |
| Total expenses and disbursements | $556,436,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,247,848 |
| Savings and temporary cash investments | $1,115,123 |
| Net Accounts receivable | $4,710,182 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,774,661,818 |
| Net Land, buildings, and equipment | $40,755,638 |
| Other assets | $14,947,213 |
| Total assets | $5,888,437,822 |
| Accounts payable and accrued expenses | $169,310,628 |
| Grants payable | $539,069,583 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $61,997,616 |
| Total liabilities | $770,377,827 |
Grants Awarded
Over the last fiscal year, Open Society Institute has awarded $262,540,246 in support to 1,047 organizations.
| Grant Recipient | Amount |
|---|---|
BARD COLLEGE PURPOSE: TO PROVIDE GENERAL SUPPORT | $37,500,000 |
CENTRAL EUROPEAN UNIVERSITY PURPOSE: TO PROVIDE GENERAL SUPPORT | $36,988,691 |
CENTRAL EUROPEAN UNIVERSITY PURPOSE: TO PROVIDE GENERAL SUPPORT | $27,853,925 |
MEDIA DEVELOPMENT INVESTMENT FUND PURPOSE: TO PROVIDE GENERAL SUPPORT | $4,650,000 |
THE BARACK OBAMA FOUNDATION PURPOSE: TO SUPPORT THE FOUNDATION'S EFFORTS TO SCALE UP THEIR INTERNATIONAL PROGRAMS AND IN PARTICULAR, OBAMA FOUNDATION LEADERS, SCHOLARS AND FELLOWS PROGRAMS | $3,000,000 |
BARD COLLEGE PURPOSE: TO SUPPORT BARD COLLEGE'S CENTER FOR CIVIC ENGAGEMENT AS THE NEW ADMINISTRATIVE HUB FOR THE OPEN SOCIETY UNIVERSITY NETWORK'S OPERATIONS | $10,000,000 |