Criterion Institute Inc is located in Haddam, CT. The organization was established in 2012. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Criterion Institute Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Criterion Institute 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 12/2021, Criterion Institute Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 13.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BROADEN WHAT MATTERS IN OUR ECONOMIC DECISIONS BY EXPANDING WHO HAS POWER AND INFLUENCE IN THE WORK OF REINVENTING THE ECONOMY THROUGH RESEARCH, TRAINING, AND INSTITUTIONAL ENGAGEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRITERION SEEKS PARTNERSHIPS WITH INSTITUTIONS WHERE THERE IS ALIGNMENT OF GOALS, WHERE LEARNINGS IS MUTUAL, AND WHERE EACH ORGANIZATION ADVANCES ITS MISSION. THIS WAY OF RELATING DISRUPTS TRADITIONAL POWER DYNAMICS AND PATTERNS OF CONTROL EVEN IN ENGAGEMENT WITH ORGANIZATIONS MUCH LARGER THAN CRITERION, WE OWN AND EXERCISE OUR OWN POWER IN TURN WE SEEK TO EMBOLDEN LARGE INSTITUTIONS TO USE THEIR POWER TO ENGAGE SYSTEMS OF FINANCE IN ORDER TO CREATE SOCIAL CHANGE.
OUR TRAINING EVENTS ARE INVITING, PARTICIPATORY, PRACTICAL AND ENGAGING. WE TEND TO TEACH NOT FROM A CASE STUDY WHICH SHOWS WHAT HAS BEEN DONE, BUT BY EXPLICATING THE COMPONENTS OF THE SYSTEMS SO THAT PARTICIPANTS CAN BUILD SOMETHING NEW. LEARNING PROCESSES ARE INTENTIONALLY DESIGNED TO ASSIST THOSE WITH LIMITED BACKGROUND IN THE SUBJECT TO FEEL COMFORTABLE, PARTICIPATE FULLY, AND TO CONTRIBUTE THEIR WISDOM AND PERSPECTIVES. INCREASINGLY, THE TOOLS OF OUR TRAINING PROGRAMS ARE BEING ADAPTED TO BE MORE ACCESSIBLE TO THOSE WHO ARE MOST MARGINALIZED FROM ESTABLISHED FINANCIAL CIRCLES THAT COULD INCLUDE ADAPTATIONS IN LANGUAGE, READING LEVEL, OR CULTURAL STYLE.
CRITERION RESEARCH THRIVES IN A CULTURE OF CURIOSITY AND INNOVATION. OUR APPROACH TO RESEARCH EXPANDS POSSIBILITIES BEYOND WHAT THE ESTABLSHED AUTHORITIES HAVE DETERMINED. IT BEGINS WITH LISTENING TO WHAT IS GOING ON OUT IN THE WORLD, CONNECTING DIVERSE PEOPLE AND IDEAS, AND ENGAGING IN CONVERSATIONS ON THE EDGE TO DISCOVER SOMETHING NEW. IT CROSSES TRADITIONAL DISCIPLINES, IT PRIVILEDGES THE VOICES OF OUTSIDERS, BELIEVING THEY ARE THE SOURCE OF NEW PERSPECTIVES AND INSIGHTS. IT WELCOMES PEOPLE INTO A PLACE OF COMFORT AND GIVES THEM PERMISSION TO CONTRIBUTE, EVEN OUTSIDE OF THEIR AREA OF EXPERTISE. DISTINCTIVE METHODS OF CURATION ALLOW FOR DIVERSE IDEAS TO BE CAPTURED AND CONNECTED IN CREATIVE WAYS, THIS APPROACH UPENDS TRADITIONAL SOURCES OF AUTHORITY AND PROMOTES INNOVATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joy Anderson President/executive Direct | OfficerTrustee | 40 | $130,160 |
Nina Weissberg Treasurer | OfficerTrustee | 1.5 | $0 |
Catherine Gill Board Chair | OfficerTrustee | 1.5 | $0 |
Michelle Kahane Secretary | OfficerTrustee | 1.5 | $0 |
Michaele Birdsall Director | Trustee | 1.5 | $0 |
Luisamaria Ruiz Carlile Director | Trustee | 1.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $178,699 |
All other contributions, gifts, grants, and similar amounts not included above | $1,205,474 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,384,173 |
Total Program Service Revenue | $369,842 |
Investment income | $0 |
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 | $1,759,165 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $21,800 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $76,300 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $132,956 |
Compensation of current officers, directors, key employees. | $6,648 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $232,857 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $75,448 |
Payroll taxes | $29,494 |
Fees for services: Management | $599,067 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $110,788 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $29,485 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,827 |
Travel | $86 |
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 | $1,523 |
Insurance | $11,238 |
All other expenses | $0 |
Total functional expenses | $1,402,982 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $220,186 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $25,000 |
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 | $24,304 |
Net Land, buildings, and equipment | $2,583 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $272,073 |
Accounts payable and accrued expenses | $66,151 |
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 | $30,000 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $168,356 |
Total liabilities | $264,507 |
Net assets without donor restrictions | -$72,434 |
Net assets with donor restrictions | $80,000 |
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 | $272,073 |
Over the last fiscal year, Criterion Institute Inc has awarded $35,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
San Francisco, CA PURPOSE: TO PROMOTE THE ORGANIZATIONS CAUSE | $25,000 |
Brooklyn, NY PURPOSE: TO PROMOTE THE ORGANIZATIONS CAUSE | $10,000 |
Over the last fiscal year, we have identified 8 grants that Criterion Institute Inc has recieved totaling $683,629.
Awarding Organization | Amount |
---|---|
The Aspen Institute Inc Washington, DC PURPOSE: GLOBAL AFFAIRS CANADA GENDER LENS INVESTING | $297,629 |
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR THE FINANCING PROGRAM TO DEVELOP STRATEGIES AND TOOLS TO EQUIP FEMINIST MOVEMENT ACTORS TO ALLOW THEM TO ENGAGE FINANCE AS A TOOL TO ADDRESS GENDER BASED VIOLENCE | $150,000 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $100,000 |
Wallace Global Fund Ii Washington, DC PURPOSE: SUPPORT FOR ADVANCING WOMEN'S RIGHTS AND IMPACT FINANCE | $50,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: PUBLIC BENEFIT | $25,000 |
Wallace Global Fund Ii Washington, DC PURPOSE: SUPPORT FOR ADVANCING WOMEN'S RIGHTS AND IMPACT FINANCE | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |
Horizon Village Inc Sanborn, NY | $19,517,446 | $18,747,224 |
Avi Chai Foundation New York, NY | $417,433,923 | $38,425,354 |
50 Broadway Realty Corp New York, NY | $106,628,317 | $16,489,338 |
Center For Community Alternatives Syracuse, NY | $5,921,893 | $12,987,614 |
Technical Assistance Collaborative Inc Boston, MA | $7,617,476 | $12,320,567 |
Starbridge Services Inc Rochester, NY | $4,814,747 | $13,376,433 |
Community Health Action Of Staten Island Inc Staten Island, NY | $10,310,732 | $11,148,216 |
Carl Fenichel Community Services Inc Brooklyn, NY | $12,251,363 | $5,691,898 |
Hart United Inc North Haven, CT | $3,744,334 | $8,818,103 |
New Square Community Improvement Council Inc New Square, NY | $7,666,025 | $8,815,852 |
Kings Bay Ym-Ywha Inc Brooklyn, NY | $12,626,720 | $11,475,108 |