Institute For Southern Studies Inc
- Assets
- $2.6m
- Revenue
- $379.4k
- Investments
- $0.0
- Employees
- 10
- Location
- Durham, NC
- Founding
- 09/1970
- Data as of
- 12/2022
- EIN
- 58-1090440
Organization Overview
Institute For Southern Studies Inc is located in Durham, NC. The organization was established in 1970. According to its NTEE Classification (V30) the organization is classified as: Interdisciplinary Research, under the broad grouping of Social Science and related organizations. As of 12/2022, Institute For Southern Studies Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Southern Studies 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 12/2022, Institute For Southern Studies Inc generated $379.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $625.5k during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE INSTITUTE FOR SOUTHERN STUDIES USES RESEARCH, MEDIA, AND EDUCATION TO PROMOTE A MORE JUST, DEMOCRATIC AND SUSTAINABLE FUTURE IN THE SOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH, REPORTING AND EDUCATION: 2022 PROJECTS AND ACCOMPLISHMENTS INCLUDED: 1) FACING SOUTH ONLINE, WHICH PUBLISHED REGULAR REPORTING AT THE WWW.FACINGSOUTH.ORG WEBSITE WITH AN AUDIENCE OF MORE THAN 50,000 READERS/MONTH, AND DELIVERED FORNIGHTLY EMAIL NEWSLETTERS TO A REGIONAL AND NATIONAL AUDIENCE OF 20,000 READERS; 2) THE DEMOCRACY PROGRAM, WHICH TRACKED THREATS TO VOTING RIGHTS, FAIR ELECTIONS, AND GOOD GOVERNMENT, AND EXPLORED BEST PRACTICES FOR POLICY CHANGE, INCLUDING MORE THAN 30 DISPATCHES IN FACING SOUTH AND A REPORT INVOLVING MORE THAN TWO DOZEN POLICY PROPOSALS FOR NORTH CAROLINA; 3) THE SOUTHERN STRATEGIES PROGRAM, WHICH DOCUMENTED THE SHIFTING DEMOGRAPHIC AND POLITICAL LANDSCAPE OF 13 SOUTHERN STATES AND CONDUCTED RESEARCH AND ANALYSIS FOR REGIONAL AND NATIONAL PARTNERS; AND, 4) THE JULIAN BOND FELLOWSHIP PROGRAM, WHICH HIRED THE INSTITUTE'S THIRD FELLOW FOR A NINE-MONTH PROGRAM TO TRAIN AND SUPPORT PUBLIC INTEREST JOURNALISTS AND RESEARCHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Kromm Executive Dir. | Officer | 45 | $112,789 |
Allison Yee Director | Trustee | 0.25 | $0 |
Kieran Taylor Chair | OfficerTrustee | 0.25 | $0 |
Cynthia Greenlee Director | Trustee | 0.25 | $0 |
Paul Cuadros Director | Trustee | 0.25 | $0 |
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 | $379,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $379,102 |
| Total Program Service Revenue | $0 |
| Investment income | $283 |
| 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 | $379,385 |
| 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. | $137,082 |
| Compensation of current officers, directors, key employees. | $96,047 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,837 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,126 |
| Payroll taxes | -$11,731 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,741 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,183 |
| Advertising and promotion | $6,705 |
| Office expenses | $36,255 |
| Information technology | $26,033 |
| Royalties | $0 |
| Occupancy | $69,132 |
| Travel | $5,828 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,934 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,553 |
| Insurance | $3,418 |
| All other expenses | $22 |
| Total functional expenses | $625,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,472,425 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $550,000 |
| Accounts receivable, net | $355 |
| 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 | $12,292 |
| Net Land, buildings, and equipment | $21,913 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,700 |
| Other assets | $499,197 |
| Total assets | $2,569,882 |
| Accounts payable and accrued expenses | $25,903 |
| 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 | $496,895 |
| Total liabilities | $522,798 |
| Net assets without donor restrictions | $1,496,864 |
| Net assets with donor restrictions | $550,220 |
| 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 | $2,569,882 |
Grants Awarded
Over the last fiscal year, Institute For Southern Studies Inc has awarded $95,250 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BVM CAPACITY BUILDING INSTIT PURPOSE: Civic engagement in Southern states | $15,250 |
COMMON CAUSE EDUCATION FUND PURPOSE: NC democracy research and education | $15,000 |
NC VOTERS FOR CLEAN ELECTIONS PURPOSE: NC democracy research and education | $45,000 |
NORTH CAROLINA BLACK ALLIANCE PURPOSE: NC democracy research and education | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project South The Institution For The Elimination Poverty & Genocide Atlanta, GA | $19,343,723 | $5,867,813 |
Life Sciences Research Foundation Charlotte, NC | $3,955,635 | $3,870,218 |
William R Kenan Jr Fund For Eng Technology And Science Chapel Hill, NC | $0 | $1,436,534 |
American Society Of Overseas Research Alexandria, VA | $7,305,829 | $2,282,373 |
South Carolina Science Academy Columbia, SC | $370,942 | $1,578,757 |
Step Up Savannah Inc Savannah, GA | $902,041 | $773,625 |
Institute For Southern Studies Inc Durham, NC | $2,569,882 | $379,385 |
North American Regional Science Council Inc Reston, VA | $428,200 | $129,367 |
Alalay Foundation Inc Falls Church, VA | $40,781 | $48,000 |
Time Lifestyle Management System Incorporated Midville, GA | $29,675 | $53,000 |
Social Work Innovations Inc Columbia, SC | $1,682 | $0 |
Mochlos Foundation Greensboro, NC | $15,953 | $23,013 |