Global Interdependence Center
- Assets
- $394.9k
- Revenue
- $284.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Philadelphia, PA
- Founding
- 12/1982
- Data as of
- 12/2021
- EIN
- 23-2138619
Organization Overview
Global Interdependence Center is located in Philadelphia, PA. The organization was established in 1982. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Global Interdependence Center employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Interdependence Center 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, Global Interdependence Center generated $284.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $358.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ITS DOMESTIC AND INTERNATIONAL PROGRAMMING, GIC PROVIDES A NEUTRAL FORUM FOR THE EXCHANGE OF DIVERGENT PERSPECTIVES; ENGAGES EXPERTS TO IDENTIFY EMERGING ECONOMIC, SOCIAL AND POLITICAL ISSUES VITAL TO THE INTERDEPENDENT GLOBAL COMMUNITY; ORGANIZES COUNTRY AND REGION-SPECIFIC MEETINGS, MISSIONS, CONFERENCES AND BRIEFINGS FOR EDUCATIONAL AND NETWORKING OPPORTUNITIES; PROMOTES GLOBAL PARTNERSHIPS AMONG GOVERNMENTS, BUSINESS, ACADEMIC AND NONPROFIT ORGANIZATIONS; AND SHARES INFORMATION AND RESEARCH WITH THE PUBLIC AND WITH POLICYMAKERS WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jillian Fornito Executive Director | Officer | 40 | $100,000 |
Kathleen Stephansen Chair | OfficerTrustee | 2 | $0 |
Donald Rissmiller Chair Emeritus | OfficerTrustee | 2 | $0 |
George P Tsetsekos PHD Secretary | OfficerTrustee | 2 | $0 |
Peter A Gold ESQ Vice Chair | OfficerTrustee | 2 | $0 |
Michael Drury Vice Chair Of Intl. | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,200 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $229,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,820 |
| Total Program Service Revenue | $40,995 |
| Investment income | $1,761 |
| 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 | $284,576 |
| 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. | $108,999 |
| Compensation of current officers, directors, key employees. | $27,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,250 |
| Payroll taxes | $15,371 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,562 |
| Fees for services: Accounting | $7,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,127 |
| Advertising and promotion | $46 |
| Office expenses | $9,369 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,503 |
| Travel | $3,930 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,021 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $365 |
| Insurance | $3,117 |
| All other expenses | $0 |
| Total functional expenses | $358,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,767 |
| Savings and temporary cash investments | $176,951 |
| Pledges and grants receivable | $37,501 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $4,167 |
| Net Land, buildings, and equipment | $1,185 |
| Investments—publicly traded securities | $157,300 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $394,871 |
| Accounts payable and accrued expenses | $4,242 |
| Grants payable | $0 |
| Deferred revenue | $57,500 |
| 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 | $0 |
| Total liabilities | $61,742 |
| Net assets without donor restrictions | $231,129 |
| Net assets with donor restrictions | $102,000 |
| 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 | $394,871 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Interdependence Center has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Mcintire Foundation Inc Charlotte, NC PURPOSE: GENERAL FUNDING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council On Foreign Relations Inc New York, NY | $674,171,200 | $102,605,000 |
Population Council Inc New York, NY | $165,937,710 | $57,674,221 |
Business Council For International Understanding Inc New York, NY | $3,579,725 | $5,813,542 |
Foreign Policy Association Incorporated New York, NY | $5,721,976 | $4,285,945 |
Carnegie Council For Ethics In International Affairs Inc New York, NY | $42,413,355 | $2,380,908 |
Independent Diplomat Inc New York, NY | $1,546,888 | $2,800,004 |
Israel Policy Forum Inc New York, NY | $4,206,685 | $4,071,986 |
Foreign Policy Research Institute Philadelphia, PA | $2,361,438 | $3,262,376 |
The Africa-America Institute New York, NY | $4,440,622 | $2,165,945 |
Parliamentarians For Global Action New York, NY | $2,359,532 | $2,527,257 |
Carey Institute For Global Good Inc Rensselaerville, NY | $4,785,067 | $2,167,736 |
Refugee Solidarity Network Inc Brooklyn, NY | $494,365 | $1,772,712 |