Peter G Peterson Institute For International Economics is located in Washington, DC. The organization was established in 1982. According to its NTEE Classification (V03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Social Science and related organizations. As of 06/2022, Peter G Peterson Institute For International Economics employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peter G Peterson Institute For International Economics 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 06/2022, Peter G Peterson Institute For International Economics generated $11.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $12.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
SUPPORT RIGOROUS, INTELLECTUALLY OPEN, HONEST STUDY AND DISCUSSION OF INT'L ECONOMIC POLICY.
Describe the Organization's Program Activity:
RESEARCH: THE INSTITUTE'S STAFF OF ABOUT 11 SENIOR FULL-TIME RESEARCHERS, 37 NONRESIDENT, PART-TIME OR EMERITUS FELLOWS, AND 6 RESEARCH ANALYSTS PURSUED OBJECTIVE ANALYSIS AND PRACTICAL ADVICE ON SUCH TOPICS AS INTERNATIONAL TRADE AND INVESTMENTS, INTERNATIONAL FINANCE AND EXCHANGE RATES, MACROECONOMIC POLICY AND CRISIS RESPONSE, GLOBALIZATION AND HUMAN WELFARE, CLIMATE CHANGE, CYBERSECURITY, SANCTIONS, ECONOMIC NATIONALISM, GLOBAL SUPPLY CHAINS, THE ECONOMICS OF PANDEMICS, INTERNATIONAL TAX POLICIES; AND AREA STUDIES OF KEY ECONOMIC REGIONS, INCLUDING CHINA, THE UNITED KINGDOM, INDIA, JAPAN, KOREA, RUSSIA, THE EUROPEAN UNION, AND THE MIDDLE EAST, AS WELL AS THE UNITED STATES-MEXICO-CANADA TRADING BLOC. CURRENT PRIORITIES EMPHASIZE GLOBAL SUPPLY CHAINS AND MULTINATIONAL INVESTMENTS, PARTICULARLY RELATED TO THE GLOBAL HEALTH CRISIS; COSTS AND BENEFITS OF DECARBONIZATION; THE GROWING ROLE OF CHINA; MACROECONOMIC POLICIES, GLOBALIZATION, INEQUALITY, AND UNEMPLOYMENT; THE THREAT OF GLOBAL FINANCIAL AND ECONOMIC CRISES AND ESPECIALLY ITS BANKING AND MONETARY COMPONENTS; ECONOMIC NATIONALISM; NATIONAL AND INTERNATIONAL FINANCIAL AND TAX REGULATIONS; TRADE NEGOTIATIONS AND THE WORLD TRADE ORGANIZATION; TECHNOLOGY ADVANCES AND CYBERSECURITY; AND REFORMING THE INTERNATIONAL MONETARY SYSTEM.
OUTREACH: THE INSTITUTE, DRAWING ON ITS INDEPENDENCE, RESEARCH, AND CONVENING POWER, HELD A TOTAL OF 71 VIRTUAL ON-THE-RECORD MEETINGS, WHICH WERE STREAMED LIVE TO THE PUBLIC. THIS COUNT INCLUDES TWO SERIES EVENTS HOSTED VIRTUALLY, TRADE WINDS AND FINANCIAL STATEMENTS, WHICH HAD 12 AND 22 EPISODES, RESPECTIVELY, WHICH COVERED A VARIETY OF TOPICS INCLUDING COVID-19, TRADE POLICY, AND GLOBAL ECONOMIC INSTITUTIONS, AS WELL AS A FULLY VIRTUAL MACRO WEEK EVENT SERIES, INCLUDING EIGHT DIFFERENT SPEAKERS. THE INSTITUTE ALSO HELD 12 PRIVATE OFF-THE-RECORD POLICY DISCUSSIONS ON THE POLITICAL ECONOMY, INCLUDING SOME "HYBRID" SESSIONS WITH IN-PERSON AND VIRTUAL PARTICIPATION AND A RECURRING JOINT EVENT WITH CF40, AN INDEPENDENT CHINESE THINK TANK. THE INSTITUTE ALSO HELD TWICE WEEKLY HYBRID RESEARCH SEMINARS AND STUDY GROUPS THROUGHOUT THE YEAR TO DISCUSS PRESENTATIONS BY INTERNAL AND EXTERNAL RESEARCHERS. THE AUDIENCES FOR THESE EVENTS INCLUDED ACADEMICS, BUSINESS LEADERS, US AND FOREIGN GOVERNMENT OFFICIALS, OFFICIALS AT INTERNATIONAL ORGANIZATIONS, CONGRESSIONAL STAFFS, ADVOCACY GROUPS, POLICY INSTITUTE EXPERTS, JOURNALISTS, AND POLICYMAKERS, AS WELL AS SUPPORTERS AND FRIENDS OF THE INSTITUTE. THE PURPOSE OF THESE SESSIONS WAS TO INFORM A BROAD RANGE OF INTERESTED PARTIES AND ENCOURAGE VIGOROUS DEBATE AND EXCHANGE OF DIFFERENT POINTS OF VIEWS TO ENRICH THE BROADER POPULATION'S UNDERSTANDING OF COMPLEX ISSUES.
PUBLICATIONS: IN AN EFFORT TO DISSEMINATE THE INSTITUTE'S RESEARCH AND ANALYSIS TO THE WIDEST POSSIBLE AUDIENCE, IT PUBLISHED 13 POLICY BRIEFS, 17 WORKING PAPERS, 3 PIIE BRIEFINGS (WHICH ARE COMPENDIA OF ESSAYS), 104 BLOG POSTS, 55 PIIE CHARTS, AND 6 PODCASTS. IN ADDITION, INSTITUTE SCHOLARS PROVIDED EXPERT TESTIMONY TO THE FEDERAL TRADE COMMISSION; THE MEMBERS AND STAFF OF THE EUROPEAN PARLIAMENT; THE UK PARLIAMENT; A LETTER TO SENATOR ELIZABETH WARREN; THE HOUSE COMMITTEE ON FOREIGN AFFAIRS SUBCOMMITTEE ON EUROPE, ENERGY, THE ENVIRONMENT AND CYBER; THE SELECT SUBCOMMITTEE ON THE CORONAVIRUS CRISIS; THE SELECT COMMITTEE ON ECONOMIC DISPARITY AND FAIRNESS IN GROWTH; AND THE EUROPEAN PARLIAMENT COMMITTEE ON INTERNATIONAL TRADE. THEY PRODUCED 62 OP-EDS AND 25 SPEECHES AND PAPERS AND OFFERED THEIR VIEWS IN THE FORM OF BLOGS (MORE THAN 100) AND IN AUDIO AND VIDEO INTERVIEWS FEATURED ON THE INSTITUTE'S WEBSITE. SENIOR FELLOWS APPEARED ON ALL THE MAJOR BROADCAST OUTLETS, INCLUDING ABC, BBC, BLOOMBERG TV, CBS, CNN, CNBC, NBC, NPR AND IN PUBLICATIONS AND WIRE SERVICES INCLUDING BLOOMBERG NEWS, THE ECONOMIST, FINANCIAL TIMES, NEW YORK TIMES, POLITICO, REUTERS, WASHINGTON POST, AND WALL STREET JOURNAL. THE INSTITUTE HOSTED BRIEFINGS FOR JOURNALISTS, DID EXTENSIVE SOCIAL MEDIA (MORE THAN 80,000 TWITTER FOLLOWERS AS OF JUNE 30, 2022) AND DREW MORE THAN 2 MILLION UNIQUE VISITORS TO THE INSTITUTE'S WEBSITE DURING THE YEAR.
COMMUNICATIONS - THE INSTITUTE CREATES AUDIOVISUAL MATERIALS, INTERACTIVE GRAPHICS, EMAIL NEWSLETTERS, EDUCATIONAL MATERIALS, AND SOCIAL MEDIA CONTENT TO DEEPEN THE PUBLIC'S AND POLICYMAKERS' UNDERSTANDING OF THE INTERNATIONAL ECONOMIC ISSUES DISCUSSED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Posen President | Officer | 40 | $460,521 |
Jesse M Noland Exec. VP & Director Of Studies | Officer | 40 | $439,531 |
Olivier Blanchard Senior Fellow | 40 | $366,133 | |
Chad Bown Senior Fellow | 40 | $327,794 | |
Mary Lovely Senior Fellow | 40 | $271,282 | |
Jeffrey J Schott Senior Fellow | 40 | $268,243 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Jason Furman Contract Research | 6/29/22 | $225,000 |
Jfk Consult Lc Contract Research | 6/29/22 | $158,667 |
David Wilcox Contract Research | 6/29/22 | $121,746 |
P&r Enterprises Inc Janitorial Services | 6/29/22 | $144,289 |
Advanced Building Services Engineering Services | 6/29/22 | $119,419 |
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 | $9,874,587 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,874,587 |
Total Program Service Revenue | $0 |
Investment income | $377,697 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $490 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $773,530 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $21,879 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,048,331 |
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. | $1,630,231 |
Compensation of current officers, directors, key employees. | $972,916 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,111,476 |
Pension plan accruals and contributions | $402,563 |
Other employee benefits | $408,582 |
Payroll taxes | $389,687 |
Fees for services: Management | $0 |
Fees for services: Legal | $58,463 |
Fees for services: Accounting | $169,844 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $72,430 |
Fees for services: Investment Management | $353,764 |
Fees for services: Other | $591,085 |
Advertising and promotion | $22,888 |
Office expenses | $121,256 |
Information technology | $250,975 |
Royalties | $0 |
Occupancy | $611,640 |
Travel | $69,355 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $70,758 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $496,778 |
Insurance | $71,100 |
All other expenses | $0 |
Total functional expenses | $12,343,651 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,191,838 |
Savings and temporary cash investments | $3,537,681 |
Pledges and grants receivable | $1,142,658 |
Accounts receivable, net | $8,315 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $13,793 |
Prepaid expenses and deferred charges | $99,334 |
Net Land, buildings, and equipment | $9,700,500 |
Investments—publicly traded securities | $11,187,888 |
Investments—other securities | $58,923,530 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,416,605 |
Total assets | $95,222,142 |
Accounts payable and accrued expenses | $1,286,929 |
Grants payable | $0 |
Deferred revenue | $382,588 |
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 | $1,539,739 |
Other liabilities | $2,910 |
Total liabilities | $3,212,166 |
Net assets without donor restrictions | $33,528,211 |
Net assets with donor restrictions | $58,481,765 |
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 | $95,222,142 |
Over the last fiscal year, we have identified 4 grants that Peter G Peterson Institute For International Economics has recieved totaling $2,700,018.
Awarding Organization | Amount |
---|---|
Peter G Peterson Foundation New York, NY PURPOSE: TO SUPPORT NON-PARTISAN RESEARCH AND ANALYSIS ON GLOBAL AND DOMESTIC FISCAL AND ECONOMIC POLICY. | $2,500,000 |
David M Leuschen Foundation New York, NY PURPOSE: GENERAL PURPOSE | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Beg. Balance | $60,760,449 |
Earnings | -$5,352,627 |
Net Contributions | $2,500,000 |
Other Expense | $2,255,701 |
Ending Balance | $55,652,121 |
Organization Name | Assets | Revenue |
---|---|---|
Peter G Peterson Institute For International Economics Washington, DC | $95,222,142 | $11,048,331 |
Usaging Washington, DC | $7,198,554 | $9,442,731 |
American Psychological Foundation Inc Washington, DC | $25,860,627 | $7,353,491 |
Population Association Of America Inc Alexandria, VA | $3,645,715 | $2,473,272 |
Society For The Psychological Study Of Social Issues Washington, DC | $6,825,918 | $924,358 |
National Postdoctoral Assoication Rockville, MD | $816,307 | $668,753 |
Society For Prevention Research Incorporated Fairfax, VA | $1,265,673 | $447,371 |
The Society For The Advancement Of Socio-Economics Timonium, MD | $230,662 | $394,104 |
National Council For Geocosmic Research Inc Washington, DC | $197,874 | $0 |
The National Economists Club Washington, DC | $442,664 | $0 |
Association Of Black Researchers Inc Glen Burnie, MD | $5,987 | $0 |