Copenhagen Consensus Center Usa Inc
- Assets
- $4.8m
- Revenue
- $1.0m
- Investments
- $3.9m
- Employees
- 1
- Location
- Tewksbury, MA
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 26-1214521
Organization Overview
Copenhagen Consensus Center Usa Inc is located in Tewksbury, MA. The organization was established in 2008. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Copenhagen Consensus Center USA Inc 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 12/2023, Copenhagen Consensus Center USA Inc generated $1.0m 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 (12.6%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, IT WILL BE HALFTIME FOR THE WORLD'S SUSTAINABLE DEVELOPMENT GOALS, BUT THE WORLD IS NOWHERE NEAR HALFWAY TO FULFILLING ITS MANY PROMISES. IN THIS PROJECT THE CENTER, TOP ECONOMISTS, GOVERNMENTS, MEDIA, AND DEVELOPMENT ORGANIZATIONS PRODUCE NEW COST-BENEFIT RESEARCH AND HELP FOCUS GLOBAL AND NATIONAL ATTENTION ON THE MOST EFFECTIVE INTERVENTIONS - THE ONES WHERE EACH DOLLAR SPENT DELIVERS AT LEAST $15 BACK IN SOCIO-ECONOMIC BENEFITS.
GENERAL PROGRAM ACTIVITIES CONSIST OF GLOBAL OUTREACH. MONTHLY OPEDS BY BJORN LOMBORG ARE PUBLISHED REGULARLY BY 40+ INFLUENTIAL NATIONAL AND REGIONAL NEWSPAPERS. INTERVIEWS ARE IN PRINT, TV, PODCASTS, AND RADIO. SOCIAL MEDIA HAS 100K+ FOLLOWERS. THERE IS ALSO A MONTHLY NEWSLETTER. OTHER GENERAL PROGRAM ACTIVITIES INCLUDE GIVING TALKS, LECTURES, AND HOLDING MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roland Mathiasson Evp/secretary/asst Treas | OfficerTrustee | 40 | $71,758 |
Dr Bjorn Lomborg President & Founder | OfficerTrustee | 40 | $474,376 |
Loretta Michaels Treasurer & Director | OfficerTrustee | 2 | $4,000 |
Gary Soiseth Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pt Dream Big Cooperative Cost-benefit Research | 12/30/21 | $114,661 |
Limestone Analytics Inc Cost-benefit Research | 12/30/21 | $106,000 |
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 | $190,623 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,623 |
| Total Program Service Revenue | $634,395 |
| Investment income | $193,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,346 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,005,397 |
| 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. | $550,133 |
| Compensation of current officers, directors, key employees. | $12,179 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $202,995 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $112,285 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,679 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $254,717 |
| Advertising and promotion | $0 |
| Office expenses | $7,199 |
| Information technology | $9,200 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $128,989 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,513 |
| Insurance | $2,189 |
| All other expenses | $0 |
| Total functional expenses | $1,312,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $801,449 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $25,000 |
| Accounts receivable, net | $31,426 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,310 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,865,054 |
| Investments—program-related | $0 |
| Intangible assets | $22,672 |
| Other assets | $5,349 |
| Total assets | $4,764,260 |
| Accounts payable and accrued expenses | $3,301 |
| Grants payable | $0 |
| Deferred revenue | $26,000 |
| 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 | $29,301 |
| Net assets without donor restrictions | $4,406,252 |
| Net assets with donor restrictions | $328,707 |
| 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 | $4,764,260 |