Global Innovation Districts Inc
- Assets
- $403.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2019
- Data as of
- 06/2021
- EIN
- 84-1811424
Organization Overview
Global Innovation Districts Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Innovation Districts 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 06/2021, Global Innovation Districts Inc generated $163.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (47.8%) each year. All expenses for the organization totaled $659.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GREW GIID'S GLOBAL NETWORK OF INNOVATION DISTRICTS ACROSS NEARLY A DOZEN COUNTRIES FOR PEER-SHARING SESSIONS AND DIRECT STRATEGY SUPPORT. UNDERTOOK DEEP EMPIRICAL ANALYSIS OF NINE INNOVATION DISTRICTS SPANNING FIVE CONTINENTS TO SURFACE THE UNIQUE ASSETS AND ATTRIBUTES THAT HELP CITIES AND REGIONS AROUND THE WORLD STRENGTHEN THEIR PLACE-BASED INNOVATION STRATEGIES. ALSO ADVANCED A DEEP R&D RESEARCH INITIATIVE TO STRENGTHEN HOW PLACE-BASED R&D STRENGTHS ARE ANALYZED. THIS RESEARCH IDENTIFIED NEW APPROACHES FOR EVALUATING THE R&D TO COMMERCIALIZATION PIPELINE IN AND ACROSS DISTRICTS AROUND THE WORLD. FINALLY, GIID LED A MAJOR RESEARCH PROJECT, FUNDED BY A PROMINENT U.S. FOUNDATION, TO EVALUATE INCLUSIVE GROWTH PROGRAMS AND POLICIES IN NUMEROUS COUNTRIES AROUND THE WORLD. THIS WORK AIMED TO DISTILL NEW FINDINGS ABOUT HOW TO VALUE INCLUSIVE GROWTH THROUGH THE ALIGNMENT OF PEOPLE, PARTNERS AND PLACE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Wagner President | 20 | $100,000 | |
Pamela Puchalski Treasurer | 20 | $40,000 | |
Thomas Osha Board Chair | 1 | $0 | |
Carrie Kolaski Secretary | 1 | $0 | |
Bruce Katz Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,000 |
| Total Program Service Revenue | $58,175 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,175 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $318,000 |
| Professional fees and other payments to independent contractors | $320,465 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $375 |
| Other expenses | $20,386 |
| Total expenses | $659,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,745 |
| Other assets | $0 |
| Total assets | $403,274 |
| Total liabilities | $52,719 |
| Net assets or fund balances | $350,555 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Innovation Districts Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Cleveland Foundation Cleveland, OH PURPOSE: GLOBAL LEARNING COHORT FOCUSED ON INCLUSIVE INNOVATION AND EQUITABLE DEVELOPMENT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For A Smoke-Free World Inc New York, NY | $60,983,371 | $40,334,147 |
Fsg Inc Boston, MA | $24,507,788 | $30,240,317 |
Regional Plan Association Inc New York, NY | $6,316,976 | $7,003,733 |
Citizens Housing And Planning Council Of New York Inc New York, NY | $3,057,848 | $1,400,961 |
Excell Partners Inc Rochester, NY | $4,877,874 | $844,909 |
Marketing Science Institute Cambridge, MA | $0 | $827,620 |
Product Stewardship Institute Inc Boston, MA | $293,427 | $698,236 |
Partnership For The Public Good Buffalo, NY | $519,057 | $675,521 |
Agncy Design Inc Brookline, MA | $348,387 | $887,645 |
Global Innovation Districts Inc New York, NY | $403,274 | $0 |
Community Studies Inc New York, NY | $205,533 | $760,377 |
Leading Cities Inc Melrose, MA | $168,182 | $382,322 |