Institute For Political Innovation
- Assets
- $1.7m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 84-5104658
Organization Overview
Institute For Political Innovation is located in Chicago, IL. According to its NTEE Classification (V05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Political Innovation 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 Political Innovation generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 2 years. 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
INCREASE UNDERSTANDING OF PUBLIC POLICIES AND PROMOTE NONPARTISAN POLITICAL INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTITUTE FOR POLITICAL INNOVATION, INC. PARTNERS WITH NONPROFIT ORGANIZATIONS AND ACADEMIC INSTITUTIONS TO CONDUCT RIGOROUS RESEARCH AND POLICY ANALYSIS ON NONPARTISAN ELECTION REFORM, WRITING AND COMMISSIONING PROJECTS AND REPORTS STUDYING THE BENEFITS AND OUTCOMES OF ELECTORAL REFORM. THROUGH MEETINGS, PUBLICATIONS, MEDIA OUTREACH, AND PUBLIC SPEAKING ENGAGEMENTS, IPI LEADS EDUCATIONAL OUTREACH EFFORTS ACROSS THE COUNTRY TO RAISE AWARENESS OF NONPARTISAN POLITICAL REFORMS AND OF THE ELECTION REFORM FINAL FIVE VOTING WITH STAKEHOLDERS ACROSS INDUSTRIES, SECTORS, AND POLITICAL AFFILIATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Gehl Chair & President | OfficerTrustee | 25 | $0 |
Linda Katz Secretary | OfficerTrustee | 1 | $0 |
Austin Ramirez Secretary (thru 7/15/22) | OfficerTrustee | 2 | $0 |
Greg Marcus Director | Trustee | 2 | $0 |
Sylvie Doppelt Treasurer | Officer | 20 | $0 |
Aaron Menenberg Treasurer (thru 4/13/22) | Officer | 25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Baron Public Affairs Llc Research Consulting | 12/30/22 | $313,695 |
Dittman Public Education Consulting | 12/30/22 | $106,400 |
Greg Schultz Llc Research Consulting | 12/30/22 | $180,000 |
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 | $3,145,801 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,145,801 |
| Total Program Service Revenue | $0 |
| Investment income | $13,368 |
| 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 | $3,168,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $425,000 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $339,027 |
| Pension plan accruals and contributions | $8,075 |
| Other employee benefits | $10,658 |
| Payroll taxes | $30,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $117,855 |
| Fees for services: Accounting | $125,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $983,527 |
| Advertising and promotion | $20,142 |
| Office expenses | $9,360 |
| Information technology | $9,568 |
| Royalties | $0 |
| Occupancy | $50,059 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,394 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,793 |
| All other expenses | $0 |
| Total functional expenses | $2,284,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,820 |
| Savings and temporary cash investments | $1,524,050 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,289 |
| Total assets | $1,653,159 |
| Accounts payable and accrued expenses | $118,763 |
| 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 | $237,843 |
| Total liabilities | $356,606 |
| Net assets without donor restrictions | $1,296,553 |
| Net assets with donor restrictions | $0 |
| 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 | $1,653,159 |
Grants Awarded
Over the last fiscal year, Institute For Political Innovation has awarded $425,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ALASKANS FOR BETTER ELECTIONS FOUNDATION PURPOSE: GENERAL SUPPORT, EDUCATION, AND PROGRAMMING | $300,000 |
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH PURPOSE: GENERAL SUPPORT | $25,000 |
R STREET INSTITUTE PURPOSE: ORIGINAL ANALYSIS ON ELECTORAL REFORM | $50,000 |
VETERANS FOR POLITICAL INNOVATION PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Political Innovation Chicago, IL | $1,653,159 | $3,168,294 |
National Organization Of Research Development Professionals Chicago, IL | $1,311,434 | $946,151 |
Mark H Berens Charitable Foundation Northbrook, IL | $79,808 | $49,587 |
Comitas Institute For Anthropological Study Inc Chicago, IL | $512,574 | $463,045 |
Heartland Research Corporation Chesterfield, MO | $0 | $0 |
Space Futures Initiative Inc Springfield, IL | $78,850 | $90,000 |