Carey Institute For Global Good Inc
- Assets
- $3.9m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 41
- Location
- Rensselaerville, NY
- Founding
- 11/2012
- Data as of
- 12/2022
- EIN
- 45-3805249
Organization Overview
Carey Institute For Global Good Inc is located in Rensselaerville, NY. The organization was established in 2012. 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 12/2022, Carey Institute For Global Good Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carey Institute For Global Good 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 12/2022, Carey Institute For Global Good Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
+TO ENGAGE IN CHARITABLE, EDUCATIONAL, SCIENTIFIC OR LITERARY PURPOSES. IN FURTHERANCE, THE CORPORATION MAY, ALONE OR IN COOPERATION WITH OTHER ENTITIES OR PERSONS, FACILITATE THOUGHTFUL DISCUSSION AND DEBATE ON IMPORTANT ISSUES OF STATE, NATIONAL AND INTERNATIONAL RELEVANCE IN ORDER TO ADVANCE THE PUBLIC'S UNDERSTANDING OF SUCH TOPICS.
Describe the Organization's Program Activity:
THE LOGAN NONFICTION PROGRAM AT THE CAREY INSTITUTE SUPPORTS THE BELIEF THAT AN INFORMED, EDUCATED AND ENGAGED CITIZENRY IS ESSENTIAL TO THE FUNCTIONING OF THE DEMOCRATIC SOCIETY BY ADVANCING DEEPLY REPORTED, LONGFORM NONFICTION WORKS ABOUT THE MOST PRESSING ISSUES OF THE DAY AND THEN TO HELPING TO DISSEMINATE IT ON A VARIETY OF MEDIA PLATFORMS TO THE WIDEST POSSIBLE AUDIENCE. THE PROGRAM PROVIDED ACCESS TO AWARD WINNING PROFESSIONALS SUPPORTING THE WORK OF 30 WRITERS, DOCUMENTARIANS AND JOURNALISTS SELECTED FROM OVER 300 APPLICANTS TO PARTICIPATE IN TWO, 14-WEEK SESSIONS AS FELLOWS IN RESIDENCE ON CAMPUS AS WELL AS IN VIRTUAL ATTENDANCE.
OTHER PROGRAMS
CAREY INSTITUTE LAND CONSERVANCY PROJECT WAS ESTABLISHED TO PRESERVE THE CAMPUS PROPERTY, ITS HISTORY AND RURAL ROOTS. DURING CALENDAR YEAR 2022 THE PROJECT COMPLETED THE ESTABLISHMENT OF THE CONSERVATION EASEMENT IN FAVOR OF THE MOHAWK-HUDSON LAND CONSERVANCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Ash Chair | Trustee | 4 | $0 |
Kenneth Storms Secretary & Treasurer | OfficerTrustee | 4 | $0 |
Joshua Friedman Vice-Chair | Trustee | 4 | $0 |
Philip Gitlen Board Of Director | Trustee | 4 | $0 |
Doug Parvis Board Of Director | Trustee | 4 | $0 |
Suzanne Walsh Board Of Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $397,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $594,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $991,925 |
| Total Program Service Revenue | $40,607 |
| Investment income | $6,086 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,028 |
| Net Gain/Loss on Asset Sales | $884 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,077,310 |
| 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. | $151,490 |
| Compensation of current officers, directors, key employees. | $127,340 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $413,088 |
| Pension plan accruals and contributions | $2,206 |
| Other employee benefits | $37,663 |
| Payroll taxes | $51,221 |
| Fees for services: Management | $100,193 |
| Fees for services: Legal | $5,110 |
| Fees for services: Accounting | $18,705 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,929 |
| Advertising and promotion | $12,437 |
| Office expenses | $4,541 |
| Information technology | $23,007 |
| Royalties | $0 |
| Occupancy | $124,554 |
| Travel | $6,018 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,073 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,478 |
| Insurance | $54,185 |
| All other expenses | $25,654 |
| Total functional expenses | $1,188,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,431 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,162 |
| Net Land, buildings, and equipment | $2,417,229 |
| Investments—publicly traded securities | $477,023 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $645,382 |
| Total assets | $3,911,227 |
| Accounts payable and accrued expenses | $23,098 |
| Grants payable | $0 |
| Deferred revenue | $1,891 |
| 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 | $10,423 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,412 |
| Net assets without donor restrictions | $3,619,550 |
| Net assets with donor restrictions | $256,265 |
| 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 | $3,911,227 |