The James Madison Institute For Public Policy Studies Inc
- Assets
- $2.3m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 14
- Location
- Tallahassee, FL
- Founding
- 08/1987
- Data as of
- 10/2021
- EIN
- 59-2811908
Organization Overview
The James Madison Institute For Public Policy Studies Inc is located in Tallahassee, FL. The organization was established in 1987. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 10/2021, James Madison Institute For Public Policy Studies Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James Madison Institute For Public Policy 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 10/2021, James Madison Institute For Public Policy Studies Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.9m during the year ending 10/2021. 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 MISSION OF THE JAMES MADISON INSTITUTE IS TO INFORM THE CITIZENS OF FLORIDA ABOUT THEIR GOVERNMENT AND TO ENSURE THE FUTURE OF THE STATE BY ADVANCING FREE-MARKET IDEAS PERTAINING TO THE ISSUES OF PUBLIC POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCHERS PRODUCE INDEPENDENT, NON-PARTISAN REPORTS TO INFORM THE CITIZENS OF FLORIDA ABOUT IDEAS THAT ARE ROOTED IN A BELIEF IN THE U.S. CONSTITUTION AND SUCH TIMELESS IDEALS AS LIMITED GOVERNMENT, ECONOMIC FREEDOM, FEDERALISM, AND INDIVIDUAL LIBERTY COUPLED WITH INDIVIDUAL RESPONSIBILITY. THESE REPORTS INCLUDE ONE EDITION OF THE JOURNAL OF THE JAMES MADISON INSTITUTE, SEVEN ISSUES OF POLICY BRIEFS, TWO ISSUES OF THE MESSENGER NEWSLETTER, BIWEEKLY EMAILS, AND MULTIPLE, ADDITIONAL, INCIDENTAL PUBLICATIONS AS NEEDED. THESE PUBLICATIONS ARE ROUTINELY DISTRIBUTED TO INSTITUTE MEMBERS, LEGISLATORS, POLICY MAKERS, AND MEDIA, AS WELL AS MADE AVAILABLE TO THE GENERAL PUBLIC AT EVENTS, ON THEIR WEBSITE,OR UPON REQUEST.
IN 2021, JMI HELD A TECH SUMMIT EVENT IN TAMPA WITH A TOTAL OF 95 ATTENDEES. THE INSTITUTE HELD NINE CIVICS-RELATED EVENTS FOR STUDENTS; POLICY EVENTS; AND STANLEY MARSHALL DAY, A CELEBRATION OF STANLEY MARSHALL. THE INSTITUTE STAFF MEMBERS ALSO PARTICIPATE IN NUMEROUS CONFERENCES BOTH STATEWIDE AND NATIONALLY. ALL THESE EVENTS SERVE MULTIPLE PURPOSES SUCH AS OUTREACH, PUBLIC POLICY AND/OR CIVICS EDUCATION, MEMBERSHIP BUILDING,NETWORKING,ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Robert Mcclure III President & | OfficerTrustee | 40 | $349,712 |
Glen T Blauch Jr Vice Chair | OfficerTrustee | 1 | $0 |
Jeffrey V Swain Chairman | OfficerTrustee | 1 | $0 |
Timothy M Cerio Director | Trustee | 1 | $0 |
Allan G Bense Chairman Eme | Trustee | 1 | $0 |
Jf Bryan IV Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,135,627 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,170,517 |
| Noncash contributions included in lines 1a–1f | $350,696 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,306,144 |
| Total Program Service Revenue | $0 |
| Investment income | $726 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $72,324 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,379,199 |
| 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. | $349,712 |
| Compensation of current officers, directors, key employees. | $117,014 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $743,355 |
| Pension plan accruals and contributions | $34,737 |
| Other employee benefits | $99,878 |
| Payroll taxes | $76,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,459 |
| Fees for services: Accounting | $12,661 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,144 |
| Office expenses | $34,844 |
| Information technology | $41,597 |
| Royalties | $0 |
| Occupancy | $48,459 |
| Travel | $57,986 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,084 |
| Interest | $32,470 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,215 |
| Insurance | $22,179 |
| All other expenses | $76,250 |
| Total functional expenses | $1,856,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,037 |
| Savings and temporary cash investments | $135,699 |
| 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 | $1,460 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,696 |
| Net Land, buildings, and equipment | $1,377,754 |
| Investments—publicly traded securities | $479,628 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,254,274 |
| Accounts payable and accrued expenses | $67,503 |
| 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 | $800,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $867,503 |
| Net assets without donor restrictions | $1,341,692 |
| Net assets with donor restrictions | $45,079 |
| 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 | $2,254,274 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that The James Madison Institute For Public Policy Studies Inc has recieved totaling $612,700.
| Awarding Organization | Amount |
|---|---|
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $170,200 |
State Policy Network Arlington, VA PURPOSE: ECONOMIC FREEDOM RESEARCH | $125,000 |
R Street Institute Washington, DC PURPOSE: JMI WILL CONTINUE AND EXTEND OUR EDUCATION EFFORTS TO PROOTE SPECIFIC REFORMS TO FLORIDA'S PROPERTY INSURANCE MARKET THAT WILL ELIMINATE BARRIERS IN THE INSURANCE ARENA, PROTECT THE STATE FROM FINANCIAL UNCERTAINTY AND ALLOW CONSUMER CHOICE TO DRIVE PRICES NATURALLY THROUGH MARKET COMPETITION. | $72,000 |
Charles Koch Institute Arlington, VA PURPOSE: EDUCATION | $70,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $50,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $26,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Budget And Policy Institute Inc Atlanta, GA | $3,045,563 | $2,387,474 |
The James Madison Institute For Public Policy Studies Inc Tallahassee, FL | $2,254,274 | $2,379,199 |
Florida Policy Institute Inc Orlando, FL | $2,145,829 | $1,545,872 |
Florida Conference Of Catholic Bishops Inc Tallahassee, FL | $287,406 | $443,876 |
Florida Research Institute For Governmental Studies Inc Miami, FL | $0 | $2,614 |
Florida Center For Fiscal And Economic Policy Inc Tallahassee, FL | $954,081 | $165,418 |
Onpoint Technologies Inc Winter Park, FL | $560,401 | -$2,085,796 |
Smart Alec Atlanta, GA | $48,896 | $0 |
Florida Ethics And Religious Liberty Commission Inc Tampa, FL | $10,715 | $0 |
Generator Studio Inc Atlanta, GA | $2,624 | $0 |
Tampa Bay Regional Health Information Organization Tampa, FL | $23,250 | $0 |