Meridian Institute
- Assets
- $18.1m
- Revenue
- $21.4m
- Investments
- $0.0
- Employees
- 38
- Location
- Dillon, CO
- Founding
- 04/1998
- Data as of
- 09/2021
- EIN
- 84-1435420
Organization Overview
Meridian Institute is located in Dillon, CO. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Meridian Institute employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meridian Institute 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 09/2021, Meridian Institute generated $21.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $19.3m during the year ending 09/2021. While expenses have increased by 2.6% per year over the past 6 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
MERIDIAN INSTITUTE IS A MISSION-DRIVEN, THAT HELPS OUR CLIENTS AND PARTNERS DEVELOP AND IMPLEMENT SOLUTIONS TO COMPLICATED, OFTEN CONTROVERSIAL PROBLEMS, BIG AND SMALL, GLOBAL AND LOCAL FOR OVER TWO DECADES. WE FOCUS ON FIVE KEY SERVICES: COLLABORATION, IMPLEMENTATION, STRATEGY, RESEARCH, AND PHILANTHROPIC SUPPORT. WE BRING OUR SKILLS TO BEAR ON A DIVERSE RANGE OF ISSUES, INCLUDING ENVIRONMENT & NATURAL RESOURCES, CLIMATE CHANGE, AGRICULTURE & FOOD SYSTEMS, FORESTS, HEALTH, OCEANS & COASTS, RESILIENCE, SCIENCE & TECHNOLOGY, AND WATER. ACROSS ISSUES, BOUNDARIES, AND SYSTEMS, OUR WORK IS A CATALYST FOR POWERFUL IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF MERIDIAN INSTITUTE IS HELP OUR PARTNERS AND CLIENTS DEVELOP AND IMPLEMENT ACTIONABLE SOLUTIONS TO COMPLICATED, OFTEN CONTROVERSIAL PROBLEMS-BIG AND SMALL, GLOBAL AND LOCAL. OUR APPROACH BRINGS TOGETHER THREE ELEMENTS: A DEEP UNDERSTANDING OF THE ISSUES AT HAND; A DEDICATED TEAM OF EXPERTS IN COLLABORATIVE PROBLEM-SOLVING; AND OUR ABILITY TO SUPPORT CONSTRUCTIVE DIALOGUES, DECISIONS, AND ACTIONS THAT SHAPE THE WORLD FOR THE BETTER. TOGETHER, WITH OUR PARTNERS AND CLIENTS, WE NAVIGATE THE QUESTIONS, CONTEXT, AND IMPLICATIONS SURROUNDING MANY OF THE SOCIETAL CHALLENGES THAT LIE AHEAD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael T Lesnick Senior Partner | 50 | $273,044 | |
John R Ehrmann Senior Partner | 50 | $271,447 | |
Timothy Mealey President Thru 9/20/21 | OfficerTrustee | 50 | $252,422 |
Todd Barker Chief Executive Officer | OfficerTrustee | 50 | $248,311 |
Molly E Mayo Wood Senior Partner | Officer | 50 | $226,502 |
Heather Lair Partner/secretary | Officer | 50 | $172,925 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clean Energy Group Consultant | 9/29/21 | $557,000 |
Deborah Atwood Consultant | 9/29/21 | $364,884 |
Open Blue Consulting Consultant | 9/29/21 | $241,269 |
Slanted Light Consultant | 9/29/21 | $148,500 |
Climate Focus Of North America Inc Consultant | 9/29/21 | $411,106 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $726,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,541,216 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,267,816 |
| Total Program Service Revenue | $12,115,014 |
| Investment income | $330 |
| 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 | $21,383,160 |
| 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. | $1,189,914 |
| Compensation of current officers, directors, key employees. | $350,236 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,422,172 |
| Pension plan accruals and contributions | $103,553 |
| Other employee benefits | $1,110,684 |
| Payroll taxes | $241,917 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,354 |
| Fees for services: Accounting | $26,883 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,541,995 |
| Advertising and promotion | $135 |
| Office expenses | $32,778 |
| Information technology | $267,686 |
| Royalties | $0 |
| Occupancy | $561,277 |
| Travel | $13,334 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $261,528 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $292,472 |
| Insurance | $22,459 |
| All other expenses | $0 |
| Total functional expenses | $19,327,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,803,983 |
| Savings and temporary cash investments | $1,241,259 |
| Pledges and grants receivable | $447,509 |
| Accounts receivable, net | $1,167,185 |
| 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 | $5,734 |
| Net Land, buildings, and equipment | $612,684 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,840,991 |
| Total assets | $18,119,345 |
| Accounts payable and accrued expenses | $1,849,745 |
| Grants payable | $0 |
| Deferred revenue | $10,935,267 |
| 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 | $2,636,808 |
| Total liabilities | $15,421,820 |
| Net assets without donor restrictions | $970,357 |
| Net assets with donor restrictions | $1,727,168 |
| 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 | $18,119,345 |
Grants Recieved
Over the last fiscal year, we have identified 44 grants that Meridian Institute has recieved totaling $8,148,870.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO INCREASE ADOPTION OF CONSERVATION PRACTICES TO IMPROVE WATER QUALITY THROUGH RECOGNITION OF THE RISK REDUCING BENEFITS OF CONSERVATION WITHIN USDA PROGRAMS. | $1,300,000 |
Rockefeller Foundation New York, NY PURPOSE: FOR USE BY ITS PROJECT THE LACUNA FUND, IN SUPPORT OF DEVELOPING LABELED INFRASTRUCTURE DATASETS TO FUEL RESEARCH THAT CAN IMPROVE ENERGY PLANNING IN AFRICA AND ASIA | $750,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: CONSERVATION AND SCIENCE | $691,025 |
The Jpb Foundation New York, NY PURPOSE: THE RESILIENT POWER PROJECT: EXPANDING OPPORTUNITIES FOR CLEAN ENERGY, RESILIENCY, CLIMATE EQUITY, AND HEATH | $650,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT MEXICO SUSTAINABLE FISHERIES COLLECTIVE IMPACT INITIATIVE'S BACKBONE TEAM IN PROMOTING SUSTAINABLE FISHERIES MANAGEMENT IN MEXICO. | $534,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: TRANSFORMING FOOD SYSTEMS TOGETHER | $320,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |
Bob And Renee Parsons Foundation Scottsdale, AZ | $28,086,912 | $26,506,603 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |
Dane G Hansen Foundation Logan, KS | $0 | $32,718,108 |