Commission On Presidential Debates
- Assets
- $14.6m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 06/1987
- Data as of
- 12/2023
- EIN
- 52-1500977
Organization Overview
Commission On Presidential Debates is located in Washington, DC. The organization was established in 1987. According to its NTEE Classification (R40) the organization is classified as: Voter Education & Registration, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Commission On Presidential Debates employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commission On Presidential Debates 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, Commission On Presidential Debates generated $8.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. 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
ORGANIZE GENERAL ELECTION PRESIDENTIAL AND VICE-PRESIDENTIAL DEBATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE, PRODUCE, FINANCE AND PUBLICIZE THE GENERAL ELECTION DEBATES FOR CANDIDATES RUNNING FOR PRESIDENT AND VICE-PRESIDENT OF THE UNITED STATES OF AMERICA, AND ENGAGE IN OTHER VOTER EDUCATION ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank J Fahrenkopf Jr Co-Chair | OfficerTrustee | 5 | $0 |
Antonia Hernandez Co-Chair | OfficerTrustee | 1 | $0 |
John Danforth Vice-Chair | OfficerTrustee | 1 | $0 |
John Griffen Secretary/treasurer | OfficerTrustee | 2 | $0 |
Charles Gibson Director | Trustee | 1 | $0 |
Monica C Lozano Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
John Halloran Associates Llc Audio/tech Crew Services | 12/30/20 | $1,312,566 |
In Tandem Ii Productions Production/travel/logistics | 12/30/20 | $800,573 |
Mystic Scenic Studios Inc Set Construction Services | 12/30/20 | $405,480 |
Aggreko Llc Audio Set Light Power | 12/30/20 | $338,977 |
Kish Rigging Inc Rigging/production Services | 12/30/20 | $321,879 |
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 | $420,714 |
| Noncash contributions included in lines 1a–1f | $271,308 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,714 |
| Total Program Service Revenue | $8,126,000 |
| Investment income | $338,266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,719 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,887,699 |
| 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. | $492,500 |
| Compensation of current officers, directors, key employees. | $172,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $244,074 |
| Pension plan accruals and contributions | $165,625 |
| Other employee benefits | $0 |
| Payroll taxes | $35,139 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $448,751 |
| Fees for services: Accounting | $43,557 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,898 |
| Advertising and promotion | $365 |
| Office expenses | $6,645 |
| Information technology | $38,336 |
| Royalties | $0 |
| Occupancy | $135,347 |
| Travel | $98,038 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,040 |
| Insurance | $82,905 |
| All other expenses | $25,549 |
| Total functional expenses | $2,027,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,233 |
| Savings and temporary cash investments | $13,888,988 |
| 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 | $185,807 |
| Net Land, buildings, and equipment | $4,901 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $299,127 |
| Total assets | $14,569,056 |
| Accounts payable and accrued expenses | $533,261 |
| 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 | $304,822 |
| Total liabilities | $838,083 |
| Net assets without donor restrictions | $13,730,973 |
| 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 | $14,569,056 |