Institute For Global Affairs Inc
- Assets
- $776.7k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Albuquerque, NM
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 81-1614189
Organization Overview
Institute For Global Affairs Inc is located in Albuquerque, NM. The organization was established in 2016. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Institute For Global Affairs Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Global Affairs 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 Global Affairs Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 10.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Hannah Senior Fellow | 40 | $223,650 | |
Allyn Summa Executive Director | Officer | 40 | $160,417 |
Zuri Linetsky Research Fellow | 40 | $130,012 | |
Ian Bremmer President | OfficerTrustee | 5 | $0 |
Gregory Boyle Director | Trustee | 0.5 | $0 |
Sallie Krawcheck Director | Trustee | 0.5 | $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 | $1,315,306 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,315,306 |
| Total Program Service Revenue | $0 |
| Investment income | $199 |
| 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 | $1,315,505 |
| 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. | $172,972 |
| Compensation of current officers, directors, key employees. | $69,734 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $538,053 |
| Pension plan accruals and contributions | $12,726 |
| Other employee benefits | $48,393 |
| Payroll taxes | $48,327 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $70,603 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $225,665 |
| Advertising and promotion | $12,383 |
| Office expenses | $32,160 |
| Information technology | $16,091 |
| Royalties | $0 |
| Occupancy | $12,055 |
| Travel | $20,059 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,990 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,900 |
| All other expenses | $26,946 |
| Total functional expenses | $1,249,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,751 |
| Savings and temporary cash investments | $602,822 |
| Pledges and grants receivable | $70,991 |
| 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 | $6,145 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $776,709 |
| Accounts payable and accrued expenses | $46,009 |
| 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 | $46,009 |
| Net assets without donor restrictions | $530,700 |
| Net assets with donor restrictions | $200,000 |
| 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 | $776,709 |