Manufacturing Institute is located in Washington, DC. The organization was established in 1977. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manufacturing Institute 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, Manufacturing Institute generated $11.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $7.2m during the year ending 12/2021. While expenses have increased by 13.7% 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 2014, Manufacturing Institute has awarded 28 individual grants totaling $517,295. 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
TO BUILD INTELLECTUAL SUPPORT AMONG POLICYMAKERS, THE MEDIA, EDUCATORS, AND STUDENTS FOR A PRO-MANUFACTURING, PRO-GROWTH AGENDA WHILE ENCOURAGING RECOGNITION OF MANUFACTURING'S CONTRIBUTIONS TO THE WELL BEING OF THE NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATING CONNECTIONS FOR VETERANS: HEROES MAKE AMERICA BUILDS CONNECTIONS BETWEEN THE MILITARY COMMUNITY AND THE MANUFACTURING INDUSTRY. THE PROGRAM PROVIDES INTEGRATED CERTIFICATION AND CAREER-READINESS TRAINING IN PARTNERSHIP WITH LOCAL COMMUNITY COLLEGES TO PREPARE TRANSITIONING SERVICE MEMBERS, VETERANS, NATIONAL GUARD, RESERVISTS AND MILITARY SPOUSES FOR REWARDING CAREERS IN MANUFACTURING. MORE THAN 600 TRANSITIONING SERVICE MEMBERS HAVE GRADUATED FROM THE PROGRAM SINCE ITS INCEPTION IN 2018.
ELEVATING ROLE MODELS AND EMPOWERING WOMEN: THE STEP WOMEN'S INITIATIVE IS THE NATION'S MARQUEE PROGRAM TO CLOSE THE GENDER GAP IN MANUFACTURING. STEP EMPOWERS AND INSPIRES WOMEN IN THE MANUFACTURING INDUSTRY THROUGH RECOGNITION, RESEARCH, LEADERSHIP AND MENTORING. THE INITIATIVE INCLUDES THE STEP AHEAD AWARDS, RECOGNIZING WOMEN IN SCIENCE, TECHNOLOGY, ENGINEERING AND PRODUCTION CAREERS WHO EXEMPLIFY LEADERSHIP WITHIN THEIR COMPANIES.
CAREERS ON TRACK: THIS MI INITIATIVE LAYS THE TRACKS TO BOTH ENGAGE THE WOMEN'S WORKFORCE OF TOMORROW AND ADVANCE THE WOMEN'S WORKFORCE OF TODAY THROUGH A MULTI-FACETED INITIATIVE AIMED AT CREATING AWARENESS, CHANGING PERCEPTIONS, AND STEERING FEMALES AT KEY JUNCTIONS OF THEIR CAREER TRACK TOWARD INDUSTRY CAREERS. UTILIZING THE MI'S VAST NETWORK OF PARTNERS AND OPPORTUNITIES FOR UP EMPLOYEE ENGAGEMENT, THE MI IS DELIVERING A MEASURABLE APPROACH BASED ON INDUSTRY RESEARCH SPANNING A CONTINUUM OF CAREER EXPOSURE FROM MIDDLE SCHOOL TO WOMEN ADVANCED IN THEIR CAREER.
STRENGTHENING CAREER PATHWAYS AND ENCOURAGING SKILLS TRAINING: FAME IS THE PREMIER ADVANCED MANUFACTURING WORKFORCE DEVELOPMENT AND EDUCATION PROGRAM. FOUNDED BY TOYOTA IN 2010 AND TRANSITIONED TO THE MI IN 2019, FAME HELPS STUDENTS BECOME HIGHLY SKILLED, GLOBALLY COMPETITIVE, WELL-ROUNDED AND SOUGHT-AFTER TALENT WHO CAN MEET THE UNIQUE NEEDS AND CHALLENGES OF TODAY'S MODERN MANUFACTURING WORKFORCE. THE TWO-YEAR PROGRAM COMBINES TRAINING IN TECHNICAL SKILLS WITH DEVELOPMENT OF PROFESSIONAL PRACTICES WHILE IMMERSED IN THE CULTURE OF LEAN MANUFACTURING.INSPIRING STUDENTS: THE MI'S STUDENT ENGAGEMENT INITIATIVES AIM TO HONE STEM SKILLS, INTRODUCE STUDENTS TO CAREER PATHWAYS IN MANUFACTURING AND CLARIFY MISPERCEPTIONS ABOUT THESE CAREERS BY PROVIDING EDUCATIONAL TOOLS AND EXPERIENCES. THE STUDENT ENGAGEMENT INITIATIVES INCLUDE CONTENT AND CHANNEL PARTNERSHIPS, OUR DIGITAL STEM CAREER EXPLORATION PROGRAM, THE STEM CAREERS COALITION AND MFG DAY, IN WHICH MANUFACTURERS OPEN THEIR DOORS TO STUDENTS AND THEIR INFLUENCERS FOR AN INSIDE LOOK AT MODERN MANUFACTURING.BUILDING A STRONGER AND MORE DIVERSE MANUFACTURING WORKFORCE: THE MI'S DIVERSITY AND INCLUSION INITIATIVE AIMS TO MAKE THE MANUFACTURING WORKFORCE MORE REFLECTIVE OF OUR COMMUNITIES. WE WORK TO FOSTER AND PROMOTE AN INCLUSIVE CULTURE IN MANUFACTURING, SUPPORTING COMPANIES WITH THEIR D&I EFFORTS AND AMPLIFYING BEST PRACTICES TO MULTIPLY THE IMPACT. CREATING A MORE DIVERSE AND INCLUSIVE WORKPLACE IS THE RIGHT THING TO DOAND ROBUST D&I INITIATIVES WILL HELP CHANGE THE PERCEPTION OF MANUFACTURING AND ATTRACT AND RETAIN A TALENTED WORKFORCE.RESEARCH AND INSIGHTS: THE MI'S CENTER FOR MANUFACTURING RESEARCH IS THE LEADING SOURCE OF RESEARCH ON THE MANUFACTURING WORKFORCE, EMPLOYMENT AND GLOBAL COMPETITIVENESS. IN PARTNERSHIP WITH GLOBAL CONSULTING FIRMS, THE CENTER PRODUCES LEADING REPORTS AND ANALYSIS ON THE MANUFACTURING SECTOR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jay Timmons Board Chair | OfficerTrustee | 2 | $0 |
Timothy Rogers Treasurer | Officer | 1 | $0 |
Carolyn Lee Executive Director | Officer | 40 | $0 |
Todd Boppell Director | Trustee | 1 | $0 |
Vicki Holt Director (from Jun '21) | Trustee | 1 | $0 |
Mary Andringa Director (from Jun '21) | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Everfi Coursework Development | 12/30/21 | $295,000 |
University Of Florida Research Services | 12/30/21 | $154,875 |
Thomas P Miller Consulting Services | 12/30/21 | $102,621 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $362,750 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,468,433 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,831,183 |
Total Program Service Revenue | $855,931 |
Investment income | $1,177 |
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 | $11,688,291 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
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. | $547,442 |
Compensation of current officers, directors, key employees. | $62,682 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,679,319 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $566,345 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,632 |
Fees for services: Accounting | $29,542 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,831,043 |
Advertising and promotion | $14,000 |
Office expenses | $67,485 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $120,000 |
Travel | $98,055 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,049,602 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $54,802 |
Total functional expenses | $7,177,784 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $7,084,985 |
Pledges and grants receivable | $5,064,699 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $12,149,684 |
Accounts payable and accrued expenses | $994,164 |
Grants payable | $147,688 |
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 | $1,141,852 |
Net assets without donor restrictions | $1,449,314 |
Net assets with donor restrictions | $9,558,518 |
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 | $12,149,684 |
Over the last fiscal year, Manufacturing Institute has awarded $50,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Murray, UT PURPOSE: INCREASE AWARENESS OF TDL RELATED CAREER PATHWAYS AND STRENGTHEN COMMUNITIES | $10,000 |
Chicago, IL PURPOSE: INCREASE AWARENESS OF TDL RELATED CAREER PATHWAYS AND STRENGTHEN COMMUNITIES | $10,000 |
Omaha, NE PURPOSE: INCREASE AWARENESS OF TDL RELATED CAREER PATHWAYS AND STRENGTHEN COMMUNITIES | $10,000 |
HOPE CENTER FOUNDATION PURPOSE: INCREASE AWARENESS OF TDL RELATED CAREER PATHWAYS AND STRENGTHEN COMMUNITIES | $10,000 |
SKILLS USA KANSAS YOUTH DEVLOPMENT FOUNDATION PURPOSE: INCREASE AWARENESS OF TDL RELATED CAREER PATHWAYS AND STRENGTHEN COMMUNITIES | $10,000 |
Over the last fiscal year, we have identified 14 grants that Manufacturing Institute has recieved totaling $4,536,833.
Awarding Organization | Amount |
---|---|
Ecmc Foundation Minneapolis, MN PURPOSE: Career Readiness | $1,500,000 |
Ingersoll-Rand Charitable Foundation Davidson, NC PURPOSE: TO INSPIRE EDUCATE AND EMPOWER THE MANUFACTURING WORKFORCE OF TODAY AND TOMORROW. | $905,000 |
Charles Koch Institute Arlington, VA PURPOSE: EDUCATION | $600,000 |
Dow Company Foundation Bay City, MI PURPOSE: COMMUNITY WELLBEING | $500,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $456,247 |
Arconic Foundation Pittsburgh, PA PURPOSE: WORKFORCE INITIATIVES AND RESOURCES FOR D&I, WOMEN, VETERANS, AND FAME | $250,000 |
Beg. Balance | $55,000 |
Earnings | $1,177 |
Other Expense | $1,177 |
Ending Balance | $55,000 |
Organization Name | Assets | Revenue |
---|---|---|
Washington Institute For Near East Policy Washington, DC | $78,463,635 | $24,631,416 |
Henry L Stimson Center Washington, DC | $7,355,197 | $13,547,018 |
International Center For Research On Women Washington, DC | $9,729,169 | $9,479,152 |
Federation For American Immigration Reform Washington, DC | $30,645,621 | $7,177,636 |
Institute Of World Politics Washington, DC | $18,856,651 | $9,210,460 |
Middle East Institute Washington, DC | $35,038,211 | $7,193,589 |
Manufacturing Institute Washington, DC | $12,149,684 | $11,688,291 |
Institute For Policy Studies Washington, DC | $13,331,441 | $7,298,646 |
Center For International Environmental Law Inc Washington, DC | $9,410,805 | $10,375,096 |
Center For Security Policy Inc Washington, DC | $521,252 | $1,831,582 |
Inter-American Dialogue Washington, DC | $9,326,033 | $4,174,889 |
Washington Office On Latin America Inc Washington, DC | $6,714,995 | $7,059,772 |