Open Society Policy Center Inc
- Assets
- $36.1m
- Revenue
- $240.0m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 52-2028955
Organization Overview
Open Society Policy Center Inc is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (R05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Society Policy Center Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Open Society Policy Center Inc generated $240.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $205.5m during the year ending 12/2022. While expenses have increased by 26.7% per year over the past 5 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 2020, Open Society Policy Center Inc has awarded 608 individual grants totaling $414,135,612. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL JUSTICE AND HUMAN RIGHTS THROUGH DOMESTIC AND FOREIGN POLICY ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOMESTIC POLICY: OSPC ACHIEVES ITS POLICY GOALS THROUGH ADVOCACY, COALITION-BUILDING AND GRANTMAKING ON A RANGE OF DOMESTIC POLICY AREAS, WHICH IN 2022 INCLUDED THE FOLLOWING: JUSTICE ASSISTANCE, CORPORATE CONCENTRATION, TRANSPARENCY & ACCOUNTABILITY, HUMAN RIGHTS, VOTING RIGHTS & ELECTIONS, IMMIGRATION, JUDICIAL NOMINATIONS, MASS INCARCERATION, CIVIL RIGHTS, EDUCATION, ECONOMIC JUSTICE & WORKER POWER, POLICING AND RE-ENTRY.
INTERNATIONAL POLICY: OSPC ACHIEVES ITS POLICY GOALS THROUGH ADVOCACY, COALITION-BUILDING AND GRANTMAKING ON A RANGE OF INTERNATIONAL POLICY AREAS, WHICH IN 2022 INCLUDED THE FOLLOWING: GLOBAL DRUG POLICY, GLOBAL HEALTH POLICY, AFRICA, ASIA, EUROPE & EURASIA, LATIN AMERICA, MIDDLE EAST AND NORTH AFRICAN HUMAN RIGHTS/GLOBAL DEMOCRACY, DEBT RELIEF, GLOBAL CLIMATE JUSTICE, PEACE AND SECURITY RELATED ISSUES, AND DIGITAL TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Soros Colombel Director | Trustee | 0.02 | $0 |
Alexander Soros Director | Trustee | 0.02 | $0 |
Gara Lamarche Director | Trustee | 0.02 | $0 |
Thomas Perriello Executive Director | OfficerTrustee | 0.02 | $248 |
Deborah Fine Secretary | Officer | 0.02 | $212 |
Laleh Ispahani Deputy Director | Officer | 4.2 | $36,212 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
West End Strategy Team Consulting Services | 12/30/22 | $390,000 |
Skdknickerbocker Llc Consulting Services | 12/30/22 | $350,000 |
Np Consulting Inc Consulting Services | 12/30/22 | $330,000 |
Tides Advocacy Consulting Services | 12/30/22 | $252,000 |
The Hicks Group Consulting Services | 12/30/22 | $240,000 |
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 | $240,000,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,000,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $240,000,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $152,387,162 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $46,466,576 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $185,210 |
| Fees for services: Accounting | $56,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,143,831 |
| Advertising and promotion | $203,000 |
| Office expenses | $1,996 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,941 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,114 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $30,438 |
| All other expenses | $24,484 |
| Total functional expenses | $205,511,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,527,037 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $31,000,000 |
| Accounts receivable, net | $1,503,830 |
| 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 | $69,500 |
| Total assets | $36,100,367 |
| Accounts payable and accrued expenses | $557,181 |
| Grants payable | $19,389,617 |
| 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 | $57,154 |
| Total liabilities | $20,003,952 |
| Net assets without donor restrictions | $16,096,415 |
| 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 | $36,100,367 |
Grants Awarded
Over the last fiscal year, Open Society Policy Center Inc has awarded $152,387,162 in support to 149 organizations.
| Grant Recipient | Amount |
|---|---|
AAPI VICTORY POWER FUND PURPOSE: SUPPORT POLICY ADVOCACY | $50,000 |
ACCELERATE ACTION INC PURPOSE: SUPPORT POLICY ADVOCACY | $2,500,000 |
ACLU OF MAINE PURPOSE: SUPPORT POLICY ADVOCACY | $90,000 |
ADVANCEMENT PROJECT ACTION FUND PURPOSE: SUPPORT POLICY ADVOCACY | $100,000 |
ADRC ACTION PURPOSE: SUPPORT POLICY ADVOCACY | $300,000 |
ALIANZA FOR PROGRESS PURPOSE: SUPPORT POLICY ADVOCACY | $325,000 |