Institute For Southern Studies Inc
- Assets
- $2.3m
- Revenue
- $478.8k
- Investments
- $0.0
- Employees
- 10
- Location
- Durham, NC
- Founding
- 09/1970
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Institute For Southern Studies Inc generated $478.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $607.6k during the year ending 12/2021. While expenses have increased by 9.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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: 2021 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 SECOND FELLOW FOR A NINE-MONTH PROGRAM TO TRAIN AND SUPPORT PUBLIC INTEREST JOURNALISTS AND RESEARCHERS.
PROJECT INCUBATION: IN 2021, THE INSTITUTE SPONSORED THE SOUTHERN WORKING GROUP, A GROUP OF LEADERS INTERESTED IN BUILDING SOCIAL JUSTICE INFRASTRUCTURE IN THE SOUTH. THE SOUTHERN WORKING GROUP SHARED ANALYSIS AND STRATEGIES, AND PROVIDED RESOURCES AND SUPPORT TO STRENGTHEN CIVIC ENGAGEMENT EFFORTS IN SOUTHERN STATES. THE INSTITUTE CONCLUDED ITS SPONSORSHIP OF THE SOUTHERN WORKING GROUP IN MID-2021. THE PROJECT INCUBATION PROGRAM REMAINS ACTIVE AND THE INSTITUTE WILL CONSIDER POTENTIAL FISCAL SPONSORSHIPS IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Kromm Executive Dir. | Officer | 45 | $100,324 |
Kieran Taylor Chair | OfficerTrustee | 0.25 | $0 |
Cynthia Greenlee Director | Trustee | 0.25 | $0 |
Paul Cuadros Director | Trustee | 0.25 | $0 |
Allison Yee 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 | $478,645 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,645 |
| Total Program Service Revenue | $0 |
| Investment income | $123 |
| 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 | $478,768 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $307 |
| 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. | $123,733 |
| Compensation of current officers, directors, key employees. | $67,409 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $214,308 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,422 |
| Payroll taxes | $24,492 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,250 |
| Advertising and promotion | $6,203 |
| Office expenses | $31,048 |
| Information technology | $20,099 |
| Royalties | $0 |
| Occupancy | $42,407 |
| Travel | $804 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $800 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,995 |
| Insurance | $3,357 |
| All other expenses | $42 |
| Total functional expenses | $607,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,329,751 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $962,500 |
| Accounts receivable, net | $1,877 |
| 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 | $9,406 |
| Net Land, buildings, and equipment | $4,885 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,852 |
| Total assets | $2,316,271 |
| Accounts payable and accrued expenses | $23,035 |
| 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 | $0 |
| Total liabilities | $23,035 |
| Net assets without donor restrictions | $1,330,516 |
| Net assets with donor restrictions | $962,720 |
| 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 | $2,316,271 |
Grants Awarded
Over the last fiscal year, Institute For Southern Studies Inc has awarded $95,250 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Raleigh, NC PURPOSE: NC democracy research and education | $45,000 |
Raleigh, NC PURPOSE: NC democracy research and education | $20,000 |
Atlanta, GA PURPOSE: Civic engagement in Southern states | $15,250 |
Washington, DC PURPOSE: NC democracy research and education | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Institute For Southern Studies Inc has recieved totaling $908,053.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT AND CORE SUPPORT FOR INSTITUTIONAL STRENGTHENING | $325,000 |
Z Smith Reynolds Foundation Inc Winstonsalem, NC PURPOSE: FOR GENERAL OPERATING SUPPORT | $100,000 |
Z Smith Reynolds Foundation Inc Winstonsalem, NC PURPOSE: FOR GENERAL OPERATING SUPPORT OF ITS NORTH CAROLINA WORK ONLY | $100,000 |
Z Smith Reynolds Foundation Inc Winstonsalem, NC PURPOSE: FOR GENERAL OPERATING SUPPORT OF ITS NORTH CAROLINA WORK ONLY | $100,000 |
Z Smith Reynolds Foundation Inc Winstonsalem, NC PURPOSE: FOR GENERAL OPERATING SUPPORT OF ITS NORTH CAROLINA WORK ONLY | $100,000 |
Foundation To Promote Open Society New York, NY PURPOSE: TO PROVIDE GENERAL SUPPORT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project South The Institution For The Elimination Poverty & Genocide Atlanta, GA | $27,866,929 | $28,428,472 |
Life Sciences Research Foundation Charlotte, NC | $3,832,665 | $3,418,112 |
William R Kenan Jr Fund For Eng Technology And Science Chapel Hill, NC | $28,890,222 | $1,436,534 |
South Carolina Science Academy Columbia, SC | $370,942 | $1,578,757 |
American Schools Of Oriental Research Alexandria, VA | $6,291,200 | $2,203,920 |
Institute For Southern Studies Inc Durham, NC | $2,316,271 | $478,768 |
Step Up Savannah Inc Savannah, GA | $717,377 | $706,772 |
North American Regional Science Council Inc Reston, VA | $514,021 | $131,878 |
Social Work Innovations Inc Columbia, SC | $1,682 | $0 |