Policy Issues Institute
- Assets
- $987.6k
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 2
- Location
- Irvine, CA
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 33-0973052
Organization Overview
Policy Issues Institute is located in Irvine, CA. The organization was established in 2001. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Policy Issues Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Policy Issues Institute is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Policy Issues Institute generated $8.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $8.8m during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
POLICY ISSUES INSTITUTE (PII) RESEARCHED AND REPORTED ON ALLEGED CORRUPTION IN THE FEDERAL GOVERNMENT INCLUDING CALLS FOR CONGRESSIONAL INVESTIGATIONS OF POTENTIAL CORRUPTION IN THE BIDEN ADMINISTRATION AND RELATED PETITIONING OF GOVERNMENT OFFICIALS. PII DISSEMINATES INFORMATION VIA NEWSLETTERS AND ITS WEBSITE ON A WIDE VARIETY OF PUBLIC POLICY ISSUES. IN 2023, PII ALSO CONTRIBUTED OVER $60,000 TO SEVERAL 501(C)(3) CHARITIES WITH SIMILAR MISSIONS AND EDUCATIONAL INSTITUTIONS INCLUDING NATIONAL REVIEW INSTITUTE, SUMMIT MINISTRIES, WE STAND WITH ISRAEL, UCLA FOUNDATION AND MORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PII MAILED 456,882 PETITIONS IN 2023 TO THE PUBLIC, TO INFORM THEM OF IMPORTANT PUBLIC POLICY ISSUES, AND ASKING THEM TO SEND THEIR SIGNED PETITIONS TO MEMBERS OF CONGRESS AND OTHER GOVERNMENT OFFICIALS. OVER 100,000 SIGNED PETITIONS WERE RECEIVED BY GOVERNMENT OFFICIALS, CALLING ON THEM TO INVESTIGATE AND TAKE ACTION ON MATTERS OF INCREASED INTEGRITY IN GOVERNMENT THAT PROMOTES THE GENERAL WELFARE OF THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Floyd Brown President | OfficerTrustee | 30 | $477,000 |
James Lacy CEO | OfficerTrustee | 30 | $473,500 |
Alexander Tomescu Vice President | Officer | 5 | $38,240 |
Barrett Garcia Treasurer | Officer | 5 | $29,000 |
Martin Matthews Director | Trustee | 0 | $500 |
Robert Cambron Director | Trustee | 0 | $500 |
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 | $8,437,207 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,437,207 |
| Total Program Service Revenue | $0 |
| Investment income | $35,988 |
| 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 | $8,473,195 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,300 |
| 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. | $1,019,740 |
| Compensation of current officers, directors, key employees. | $252,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,947 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,000 |
| Payroll taxes | $4,141 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $154 |
| Fees for services: Accounting | $15,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $415,809 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $96,900 |
| Advertising and promotion | $18,627 |
| Office expenses | $6,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $37,021 |
| 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 | $0 |
| Insurance | $8,237 |
| All other expenses | $263,679 |
| Total functional expenses | $8,834,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $696,032 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $36,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $255,539 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $987,571 |
| Accounts payable and accrued expenses | $192,596 |
| 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 | $0 |
| Total liabilities | $192,596 |
| Net assets without donor restrictions | $794,975 |
| Net assets with donor restrictions | $0 |
| 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 | $987,571 |
Grants Awarded
Over the last fiscal year, Policy Issues Institute has awarded $58,400 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL REVIEW INSTITUTE PURPOSE: Contribution - General Support | $17,500 |
PEPPERDINE UNIVERSITY PURPOSE: Contribution - General Support | $5,900 |
SUMMIT MINISTRIES PURPOSE: Contribution - General Support | $10,000 |
UNITED STATES JUSTICE FNDTN PURPOSE: Contribution - General Support | $25,000 |