Public Interest Registry
- Assets
- $67.3m
- Revenue
- $103.3m
- Investments
- $0.0
- Employees
- 45
- Location
- Reston, VA
- Founding
- 07/2004
- Data as of
- 12/2021
- EIN
- 33-1025119
Organization Overview
Public Interest Registry is located in Reston, VA. The organization was established in 2004. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Public Interest Registry employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Interest Registry 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, Public Interest Registry generated $103.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $99.1m during the year ending 12/2021. While expenses have increased by 3.0% 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 2016, Public Interest Registry has awarded 27 individual grants totaling $344,095,286. 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
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
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathon L Nevett President And CEO | Officer | 40 | $542,417 |
Brian Cimbolic Vp,gen Counsel & Secretary Bod | Officer | 40 | $325,715 |
Haejoo Song-Marshall Chief Strategy Officer | Officer | 40 | $325,563 |
Inma Del Rosal Mendez Sr Dir, Chan Ser | 40 | $310,713 | |
Paul Diaz Vp, Policy | Officer | 40 | $305,602 |
Anand A Vora Vp, Business Affairs | Officer | 40 | $283,013 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Afilias Registry Services | 12/30/21 | $15,609,757 |
Icann Registry Fees | 12/30/21 | $2,773,010 |
Vrge Strategies Marketing Services | 12/30/21 | $479,540 |
Jackson Street Partners Llc Marketing Services | 12/30/21 | $375,216 |
Godaddycom Inc Promotional Services | 12/30/21 | $359,070 |
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 | $300,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,000 |
| Total Program Service Revenue | $99,808,621 |
| Investment income | $394,961 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,783,012 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,286,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,100,233 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $93,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,526,677 |
| Compensation of current officers, directors, key employees. | $1,227,989 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,552,969 |
| Pension plan accruals and contributions | $635,035 |
| Other employee benefits | $595,525 |
| Payroll taxes | $402,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65,684 |
| Fees for services: Accounting | $72,612 |
| Fees for services: Lobbying | $750 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $42,527 |
| Fees for services: Other | $2,134,393 |
| Advertising and promotion | $918,699 |
| Office expenses | $186,249 |
| Information technology | $660,360 |
| Royalties | $0 |
| Occupancy | $563,978 |
| Travel | $49,724 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,075 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $500,221 |
| Insurance | $304,770 |
| All other expenses | $0 |
| Total functional expenses | $99,097,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,403,484 |
| Pledges and grants receivable | $225,000 |
| Accounts receivable, net | $2,809,812 |
| 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 | $525,233 |
| Net Land, buildings, and equipment | $2,106,270 |
| Investments—publicly traded securities | $20,134,452 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $123,234 |
| Other assets | $12,021,193 |
| Total assets | $67,348,678 |
| Accounts payable and accrued expenses | $3,361,687 |
| Grants payable | $0 |
| Deferred revenue | $86,408,214 |
| 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 | $13,039,297 |
| Total liabilities | $102,809,198 |
| Net assets without donor restrictions | -$35,760,520 |
| Net assets with donor restrictions | $300,000 |
| 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 | $67,348,678 |
Grants Awarded
Over the last fiscal year, Public Interest Registry has awarded $62,070,342 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Reston, VA PURPOSE: GENERAL SUPPORT | $35,000,000 |
Reston, VA PURPOSE: GENERAL SUPPORT | $27,007,682 |
Braintree, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Raleigh, NC PURPOSE: GENERAL SUPPORT | $10,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
East Greenbush, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Defense Analyses Alexandria, VA | $672,323,901 | $270,097,367 |
Southeastern Universities Research Association Inc Washington, DC | $53,857,642 | $191,788,988 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |
Mid Atlantic Technology Research And Innovation Center Inc South Charleston, WV | $6,385,617 | $13,785,560 |
Virginia Tech Applied Research Corporation Arlington, VA | $4,609,993 | $12,977,041 |
Education And Research Consortium Of Western North Carolina Asheville, NC | $24,894,045 | $7,143,878 |
Biomedical Research Institute Rockville, MD | $13,124,832 | $4,727,292 |
Baptist Clinical Research Institute Inc Memphis, TN | $153,363 | $1,977,517 |
Japan Electric Power Information Center Usa Washington, DC | $336,624 | $1,683,711 |
The Nasw Foundation Inc Washington, DC | $4,034,849 | $1,641,457 |
Family Online Safety Institute - Us Washington, DC | $1,091,464 | $1,647,196 |
Finreglab Inc Washington, DC | $442,962 | $1,161,009 |