The Niskanen Center Inc
- Assets
- $12.7m
- Revenue
- $11.3m
- Investments
- $0.0
- Employees
- 48
- Location
- Washington, DC
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 45-5308952
Organization Overview
The Niskanen Center Inc is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Niskanen Center Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Niskanen Center 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, Niskanen Center Inc generated $11.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $8.7m during the year ending 12/2023. While expenses have increased by 20.1% 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
ESTABLISHED IN 2014, THE NISKANEN CENTER IS A 501(C)(3) THINK TANK THAT WORKS TO CHANGE PUBLIC POLICY THROUGH DIRECT ENGAGEMENT IN THE POLICYMAKING PROCESS: DEVELOPING AND PROMOTING PROPOSALS TO LEGISLATIVE AND EXECUTIVE BRANCH POLICYMAKERS, BUILDING COALITIONS TO FACILIATE JOINT ACTION, AND MARSHALING THE MOST CONVINCING ARGUMENTS IN SUPPORT OF OUR AGENDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIAL POLICY TEAM ENGAGES IN POLICY RESEARCH AND DEVELOPMENT FOCUSING ON FAMILY ECONOMIC SECURITY, EMPLOYMENT, ECONOMIC DEVELOPMENT, HEALTHCARE, AND HOUSING THROUGH A SUPPLY-SIDE LENS. USING ADVOCACY AND PUBLIC POLICY REFORM STRATEGIES THAT CUT ACROSS PARTISAN LINES, THEY PROMOTE IDEAS AND ARGUMENTS THAT HELP ENSURE PUBLIC POLICY INNOVATIONS BENEFIT CHILDREN, THEIR FAMILIES, AND THE AMERICAN ECONOMY.
VARIOUS OTHER PROGRAMS INCLUDING IMMIGRATION, OPEN SOCIETY, CRIMINAL JUSTICE, CAPTURED ECONOMY AND DIRECT LOBBYING.
THE CLIMATE POLICY DIVISION IS DEDICATED TO INNOVATING MARKET-BASED SOLUTIONS TO ENVIRONMENTAL CHALLENGES. PRIMARY WORK FOCUS IS PRODUCTION OF ORIGINAL RESEARCH FROM SOPHISTICATED POLICY EXPERTS AND EDUCATIONAL PROGRAMMING TO PROMULGATE THAT RESEARCH.
NISKANEN'S LEGAL WORK ENCOMPASSES LITIGATION, PARTICIPATION IN ADMINISTRATIVE PROCEEDINGS, COMMENTING ON PROPOSED REGULATIONS, FORMULATING LEGISLATIVE PROPOSALS, AND WRITING ON PRESSING ENERGY ISSUES. WE HOLD GOVERNMENT LEADERS, AGENCIES, AND LARGE CORPORATIONS ACCOUNTABLE FOR A JUST ENERGY TRANSITION BY ADVOCATING FOR FAIR, MARKET-DRIVEN ENERGY DEVELOPMENT. OUR LEGAL TEAM HAS WORKED ON MANY CASES CONCERNING GAS MARKETS, CLIMATE, AND EMINENT DOMAIN LAW.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Drezner Director | Trustee | 3 | $0 |
Juleanna Glover Director | Trustee | 3 | $0 |
Robert Litterman Director | Trustee | 3 | $0 |
Richard Lyman Director | Trustee | 3 | $0 |
Claudine Schneider Director | Trustee | 3 | $0 |
John Wolthuis Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Velocity Global Llc Global Contracting Services | 12/30/23 | $340,007 |
Prosourcing Partners Llc Accounting Services | 12/30/23 | $196,528 |
Allegiance Strategies Llc Program Consultant | 12/30/23 | $180,000 |
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 | $11,228,705 |
| Noncash contributions included in lines 1a–1f | $262,249 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,228,705 |
| Total Program Service Revenue | $0 |
| 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 | $11,280,437 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500,000 |
| 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. | $1,996,178 |
| Compensation of current officers, directors, key employees. | $210,771 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,485,953 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $236,132 |
| Payroll taxes | $358,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,197,114 |
| Advertising and promotion | $47,599 |
| Office expenses | $109,851 |
| Information technology | $35,872 |
| Royalties | $0 |
| Occupancy | $380,846 |
| Travel | $114,111 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,282 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,394 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,661,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,748,553 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,247,239 |
| Accounts receivable, net | $1,457,512 |
| 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 | $79,945 |
| Net Land, buildings, and equipment | $93,698 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,041,085 |
| Total assets | $12,668,032 |
| Accounts payable and accrued expenses | $499,449 |
| 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 | $2,107,835 |
| Total liabilities | $2,607,284 |
| Net assets without donor restrictions | $634,752 |
| Net assets with donor restrictions | $9,425,996 |
| 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 | $12,668,032 |