Labor Institute Inc

Organization Overview

Labor Institute Inc is located in New York, NY. The organization was established in 1985. According to its NTEE Classification (J05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Employment and related organizations. As of 12/2021, Labor Institute Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Labor Institute 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 12/2021, Labor Institute Inc 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 4.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE LABOR INSTITUTE IS TO PROVIDE EDUCATION FOR WORKING PEOPLE AND FOR THE COMMUNITY GROUPS, EDUCATIONAL ORGANIZATIONS AND LABOR ORGANIZATIONS ON JOB RELATED HEALTH AND SAFETY ISSUES AND ECONOMICS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LECTURE COURSES AND AUDIO VISUAL DISPLAY CONCERNING ECONOMICS AND OTHER TOPICS RELATED TO WORKING PEOPLE.


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Board, Officers & Key Employees

Name (title)Compensation
Leslie J Leopold
President
$137,607
Jim Young
Secretary
$116,454
Sally Silvers
Treasurer
$3,722
Michael Merrill
Chairman Of Board
$0
Adolph Reed
Director
$0
Joan Greenbaum
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $924,325
All other contributions, gifts, grants, and similar amounts not included above$219,785
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,144,110
Total Program Service Revenue$115,786
Investment income $0
Tax Exempt Bond Proceeds $16,973
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 $1,276,869

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Labor Institute Inc has recieved totaling $90,000.

Awarding OrganizationAmount
The Schmidt Family Foundation

Palo Alto, CA

PURPOSE: ENCOURAGING A JUST TRANSITION AWAY FROM FOSSIL FUELS

$80,000
Leonore Foundation Inc

New York, NY

PURPOSE: AID DONEE IN CARRYING OUT EXEMPT PURPOSE

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$200,000
Ending Balance$200,000

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