Perception Institute Inc
- Assets
- $963.6k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 8
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2022
- EIN
- 88-0557075
Organization Overview
Perception Institute Inc is located in Brooklyn, NY. According to its NTEE Classification (R05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Perception Institute Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Perception Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PERCEPTION INSTITUTE CREATES REAL-WORLD SOLUTIONS FROM CUTTING-EDGE MIND SCIENCE RESEARCH TO REDUCE DISCRIMINATION AND OTHER HARMS LINKED TO RACE, GENDER, AND OTHER IDENTITY DIFFERENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERCEPTION INSTITUTE OPERATES AS A CONSORTIUM OF RESEARCHERS AND PRACTITIONERS WHO SEEK TO IDENTIFY EFFECTIVE INTERVENTIONS TO ADDRESS WAYS IN WHICH SOCIAL IDENTITY DIFFERENCES RESULT INEQUITY. WE RELY HEAVILY ON SOCIAL SCIENCE, SOCIAL PSYCHOLOGY TO UNDERSTAND THE MECHANISMS UNDERLYING INEQUITY RESULTING FROM HUMAN BEHAVIOR AND INSTITUTIONAL OUTCOMES. WE ASSESS HOW INTERVENTIONS FROM A WIDE ARRAY OF CONTEXTS - INDIGENOUS PRACTICES, MEDIATION, RESTORATIVE JUSTICE FRAMEWORKS, COGNITIVE PSYCHOLOGY CAN BE EMPLOYED TO CHANGE INSTITUATIONAL DYNAMICS. WE ALSO ENGAGE IN ORIGINAL RESEARCH TO UNDERSTAND HOW SOCIETAL NARRATIVES ABOUT RACE, GENDER, ETHNICITY, RELIGION, AND OTHER SOCIAL IDENTITIES CAN AFFECT HOW THESE SOCIAL IDENTITIES ARE CONSTRUCTED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sadiqa Reynolds Executive Director | Officer | 40 | $113,333 |
Michelle Depass Treasurer | OfficerTrustee | 1 | $13,880 |
John Powell Board Chair | OfficerTrustee | 1 | $0 |
Rachel D Godsil Secretary | OfficerTrustee | 1 | $0 |
Dushaw Hockett Member | Trustee | 1 | $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 | $600,265 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $600,265 |
| Total Program Service Revenue | $877,625 |
| Investment income | $0 |
| 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 | $1,477,890 |
| 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. | $129,187 |
| Compensation of current officers, directors, key employees. | $23,061 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $169,589 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,478 |
| Fees for services: Accounting | $14,568 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $243,041 |
| Advertising and promotion | $990 |
| Office expenses | $42,799 |
| Information technology | $8,899 |
| Royalties | $0 |
| Occupancy | $6,736 |
| Travel | $80,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,969 |
| All other expenses | $0 |
| Total functional expenses | $749,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $581,581 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $150,000 |
| Accounts receivable, net | $232,020 |
| 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 | $0 |
| Total assets | $963,601 |
| Accounts payable and accrued expenses | $235,388 |
| 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 | $235,388 |
| Net assets without donor restrictions | $299,046 |
| Net assets with donor restrictions | $429,167 |
| 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 | $963,601 |
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