Totals
- Total revenue
- $415,017
- Total expenses
- $3,171,343
- Contributions and grants received
- $18,119
- Grants paid
- $81,873
- Program service revenue
- $354,572
- Investment income
- $0
- Other revenue
- $42,326
- Total assets, end of year
- $4,657,027
- Total liabilities, end of year
- $11,219,267
- Net assets or fund balances, end of year
- -$6,562,240
- Program services expenses (Part IX)
- $2,353,016
- Management and general expenses
- $610,504
- Fundraising expenses
- $207,823
- Program service expenses (Part III)
- $2,353,016
Program services were 74.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$18,119
-
2a · Program service revenue: EDUCATION REVENUE
total $191,333 · related or exempt $191,333
-
2b · Program service revenue: SUBSCRIPTION REVENUE
total $159,739 · related or exempt $159,739
-
2c · Program service revenue: OTHER REVENUE
total $3,500 · related or exempt $3,500
-
10a · Gross sales of inventory
$253,248
-
10b · Cost of goods sold
$210,922
-
10c · Net income from sales of inventory
total $42,326 · related or exempt $42,326
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $81,873 · program services $81,873
-
7 · Other salaries and wages
total $895,036 · program services $757,130 · fundraising $137,906
-
8 · Pension plan contributions
total $24,144 · program services $19,883 · fundraising $4,261
-
9 · Other employee benefits
total $79,435 · program services $65,414 · fundraising $14,021
-
10 · Payroll taxes
total $69,485 · program services $59,436 · fundraising $10,049
-
11c · Fees: accounting
total $48,034 · management and general $48,034
-
11g · Fees: other
total $961,818 · program services $728,520 · management and general $233,298
-
12 · Advertising and promotion
total $14,261 · program services $14,261
-
13 · Office expenses
total $67,393 · program services $30,584 · management and general $36,809
-
14 · Information technology
total $97,382 · program services $75,109 · management and general $22,273
-
16 · Occupancy
total $259,960 · program services $219,500 · fundraising $40,460
-
17 · Travel
total $18,993 · program services $18,993
-
20 · Interest
total $254,259 · management and general $254,259
-
22 · Depreciation, depletion and amortization
total $279,092 · program services $277,966 · fundraising $1,126
-
23 · Insurance
total $3,786 · management and general $3,786
-
24a · Other expenses: REGISTRATION/LICENSING
total $11,670 · management and general $11,670
-
24b · Other expenses: PRINTING AND REPRODUCTI
total $3,334 · program services $3,334
-
24c · Other expenses: MEDIA PRODUCTION EXPENS
total $1,013 · program services $1,013
-
24d · Other expenses: WITHHOLDING TAX
total $375 · management and general $375
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $162,903 · end of year $239,674
-
3 · Pledges and grants receivable
beginning of year $68,464 · end of year $15,865
-
4 · Accounts receivable
beginning of year $891 · end of year $9,297
-
8 · Inventories for sale or use
beginning of year $1,560 · end of year $1,560
-
9 · Prepaid expenses and deferred charges
beginning of year $53,515 · end of year $4,944
-
10a · Land, buildings and equipment: cost or other basis
$39,909
-
10b · Land, buildings and equipment: accumulated depreciation
$10,596
-
10c · Land, buildings and equipment, net
beginning of year $24,018 · end of year $29,313
-
14 · Intangible assets
beginning of year $1,991,560 · end of year $2,696,010
-
15 · Other assets
beginning of year $1,878,689 · end of year $1,660,364
-
17 · Accounts payable and accrued expenses
beginning of year $411,065 · end of year $606,735
-
19 · Deferred revenue
beginning of year $86,607 · end of year $125,154
-
22 · Loans and payables to officers and key people
beginning of year $5,321,907 · end of year $8,576,166
-
24 · Unsecured notes and loans payable
beginning of year $60,000 · end of year $30,000
-
25 · Other liabilities
beginning of year $2,108,935 · end of year $1,881,212
-
27 · Net assets without donor restrictions
beginning of year -$3,921,914 · end of year -$6,562,240
-
28 · Net assets with donor restrictions
beginning of year $115,000 · end of year $0
Mission and programs · 2024
Mission
THE SUNWATER INSTITUTE'S MISSION IS TO STRENGTHEN THE FOUNDATIONS OF DEMOCRACY THROUGH INTERDISCIPLINARY SCIENCE, TECHNOLOGY, AND OPEN DIALOGUE TO FOSTER A SOCIETY BUILT ON INDIVIDUAL LIBERTY REACHING ITS MAXIMUM POTENTIAL.
-
THE SUNWATER INSTITUTE FOCUSES ON THREE FUNDAMENTAL CONCEPTS PROPERTY, ON WHICH OUR ECONOMY IS BUILT, GROUP DECISION-MAKING, ON WHICH OUR GOVERNMENT IS BUILT, AND RIGHTS AND LIBERTIES, ON WHICH OUR FREEDOM IS BUILT. THE FOCUS ON THESE FUNDAMENTAL CONCEPTS, ALONG WITH A LONG-TERM, INTERDISCIPLINARY, AND NONPARTISAN APPROACH GIVES THE SUNWATER INSTITUTE A UNIQUE PERSPECTIVE ON DATA RESEARCH, CONFERENCES, TRAININGS, ACADEMIC ARTICLES, SOCIAL MEDIA, AND VIDEO OUTPUTS.
Expenses $2,353,016 · Grants $81,873 · Revenue $396,898
As filed on the 2024 return.
Listed in Part VII
-
Matthew M ChervenakMATTHEW M CHERVENAK
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 10
-
Stephany N YuSTEPHANY N YU
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Eric McAndrewsERIC MCANDREWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Michael HickeyMICHAEL HICKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jon ZifferblattJON ZIFFERBLATT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Stephanie GualinoSTEPHANIE GUALINO
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Aric LavinthalARIC LAVINTHAL
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Matthew BarnesMATTHEW BARNES
SALES & OPERATINGS MANAGER
- Total calculated
- $133,345
- From this org
- $126,247
- From related orgs
- $0
- Other
- $7,098
- Hours/week
- 40
-
Ani HarutyunyanANI HARUTYUNYAN
SCHOLAR
- Total calculated
- $163,575
- From this org
- $153,899
- From related orgs
- $0
- Other
- $9,676
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $107,366
- Bonus
- $25,000
- Other
- $21,533
- Deferred
- $5,299
- Nontaxable benefits
- $4,377
- Filer's total
- $163,575
-
Irfan HussainIRFAN HUSSAIN
DIRECTOR, DATA SCIENCE AND OPERATIONS
- Total calculated
- $169,677
- From this org
- $158,361
- From related orgs
- $0
- Other
- $11,316
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,361
- Bonus
- $0
- Other
- $0
- Deferred
- $4,200
- Nontaxable benefits
- $7,116
- Filer's total
- $169,677
-
Carter LaughlinCARTER LAUGHLIN
DIRECTOR OF DEVELOPMENT
- Total calculated
- $139,144
- From this org
- $125,241
- From related orgs
- $0
- Other
- $13,903
- Hours/week
- 40
-
Alexander LyteALEXANDER LYTE
DIRECTOR OF PRODUCT
- Total calculated
- $159,350
- From this org
- $144,111
- From related orgs
- $0
- Other
- $15,239
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,111
- Bonus
- $0
- Other
- $0
- Deferred
- $3,900
- Nontaxable benefits
- $11,339
- Filer's total
- $159,350
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- ANI HARUTYUNYAN RECEIVED NON-FIXED DISCRETIONARY BONUS OF $25,000. THIS WAS AWARDED IN 2023 AND PAID OUT IN 2024.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$81,873
SPONSORSHIP TO FUND RESEARCH PROGRAM IN THE FIELDS OF GROUP DECISION MAKING AND EVOLUTIONARY PERSPECTIVES ON RIGHTS AND LIBERTIES.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349303359
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