Franklin Center For Global Policy Exchange
- Assets
- $5.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/1982
- Data as of
- 12/2021
- EIN
- 52-1159816
Organization Overview
Franklin Center For Global Policy Exchange is located in Washington, DC. The organization was established in 1982. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, 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. Franklin Center For Global Policy Exchange 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, Franklin Center For Global Policy Exchange generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $708.8k during the year ending 12/2021. While expenses have increased by 10.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FRANKLIN CENTER FOR GLOBAL POLICY EXCHANGE IS A NON-PARTISAN, NON-PROFIT 501(C)(3) ORGANIZATION COMMITTED TO ENHANCING GLOBAL UNDERSTANDING OF IMPORTANT INTERNATIONAL ISSUES THROUGH DISCUSSION AMONG PUBLIC AND PRIVATE LEADERS IN THE INTERNATIONAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY AND DIALOGUE: PROVIDING EDUCATIONAL EVENTS WHICH FURTHER AWARENESS OF PUBLIC POLICY ISSUES. THE CENTER HOLDS FORUMS TO PRESENT TIMELY DISCUSSIONS ON NATIONAL AND INTERNATIONAL ISSUES OF CONCERN TO POLICY MAKERS AND MEMBERS, OR TO BUILD UPON POLICY DISCUSSIONS FROM THE MOST RECENT CAPITAL TO CAPITAL EXCHANGE. THESE DISCUSSIONS ARE HELD IN WASHINGTON, DC AND BRING TOGETHER EXPERTS TO ADDRESS THE GROUP AND INCLUDE AN EXCHANGE OF IDEAS. IN 2021 WE HELD 23 IN PERSON EVENTS AND 30 ZOOM WEBINARS WITH VIGOROUS DISCUSSION AND PARTICIPATION BY THE ATTENDEES.THE CENTER ALSO HOSTS THE CAPITAL TO CAPITAL EXCHANGE WHICH BRINGS TOGETHER US CONGRESSIONAL LEADERS, MEMBER OF THE DIPLOMATIC COMMUNITY, CORPORATE POLICY EXPERTS, SCHOLARS, PARLIAMENTARIANS, GOVERNMENT LEADERS, AND BUSINESS LEADERS FROM A HOST COUNTRY WHERE THE CONFERENCE IS HELD TO DISCUSS PRESSING INTERNATIONAL ISSUES. BY DISCUSSING ISSUES SUCH AS INTERNATIONAL TRADE, ENERGY, TRANSPORTATION, HEALTH, SECURITY, ETC., POLICY MAKERS GAIN A GREATER UNDERSTANDING OF THE GLOBAL CHALLENGES FACING THE US AND OTHER COUNTRIES. THE AUGUST 2021 CAPITAL TO CAPITAL EXCHANGE WAS POSTPONED TO NOVEMBER 10-14, 2022, DUE TO COVID RESTRICTIONS IN THE EUROPEAN UNION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bart Gordon Vice Chair | OfficerTrustee | 0.25 | $0 |
Mike Dubke Secretary | OfficerTrustee | 0.25 | $0 |
James K Conzelman President | OfficerTrustee | 16 | $0 |
Scott Salmon Treasurer | OfficerTrustee | 0.25 | $0 |
James Renacci Vice Chair | OfficerTrustee | 0.25 | $0 |
Dave Camp Chairman | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,241,400 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,241,400 |
| Total Program Service Revenue | $0 |
| Investment income | $32,187 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,016 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,282,603 |
| 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. | $281,927 |
| Compensation of current officers, directors, key employees. | $70,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,347 |
| Pension plan accruals and contributions | $24,289 |
| Other employee benefits | $9,501 |
| Payroll taxes | $22,601 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $199 |
| Fees for services: Accounting | $11,679 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,571 |
| Fees for services: Other | $12,630 |
| Advertising and promotion | $0 |
| Office expenses | $6,333 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,765 |
| Travel | $3,479 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $103,011 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $954 |
| Insurance | $5,593 |
| All other expenses | $1,091 |
| Total functional expenses | $708,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $891,595 |
| Savings and temporary cash investments | $3,716,532 |
| 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 | $9,317 |
| Net Land, buildings, and equipment | $936 |
| Investments—publicly traded securities | $772,344 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,390,724 |
| Accounts payable and accrued expenses | $194,432 |
| Grants payable | $0 |
| Deferred revenue | $974,971 |
| 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 | $1,169,403 |
| Net assets without donor restrictions | $4,221,321 |
| 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 | $5,390,724 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Franklin Center For Global Policy Exchange has recieved totaling $90,000.
| Awarding Organization | Amount |
|---|---|
Motion Picture Association Inc Sherman Oaks, CA PURPOSE: General Support | $40,000 |
Federation Of American Hospitals Inc Washington, DC PURPOSE: GENERAL SUPPORT | $25,000 |
Ncta-The Internet & Television Association Washington, DC PURPOSE: GENERAL FUNDS 2021 CONTRIBUTION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian International Center Washington, DC | $24,363,247 | $35,974,267 |
Turquoise Mountain Foundation Washington, DC | $249,837 | $2,268,147 |
Atlas Service Corps Inc Washington, DC | $2,594,418 | $2,385,628 |
Corporate Council On Africa Washington, DC | $419,162 | $1,976,893 |
Japan-America Society Of Washington Inc Washington, DC | $1,754,963 | $796,032 |
Franklin Center For Global Policy Exchange Washington, DC | $5,390,724 | $1,282,603 |
Overseas Korean Cultural Heritage Foundation Usa Washington, DC | $0 | $371,909 |
Ambazonia Foundation Owings Mills, MD | $11,185 | $636,790 |
Us Center For Chinese Medicine By Bucm Incorporated Rockville, MD | $203,557 | $568,441 |
International Society For Third Sector Research Inc Baltimore, MD | $1,318,848 | $480,141 |
Friends Of The Goethe - Institut In Washington Dc Washington, DC | $96,842 | $0 |
Syriana Ellicott City, MD | $57,567 | $133,797 |