Totals
- Total revenue
- $1,421,546
- Total expenses
- $776,072
- Contributions and grants received
- $1,340,786
- Grants paid
- $0
- Program service revenue
- $80,500
- Investment income
- $260
- Other revenue
- $0
- Total assets, end of year
- $1,316,093
- Total liabilities, end of year
- $52,583
- Net assets or fund balances, end of year
- $1,263,510
- Program services expenses (Part IX)
- $619,786
- Management and general expenses
- $142,023
- Fundraising expenses
- $14,263
- Program service expenses (Part III)
- $619,786
Program services were 79.9% 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
$1,340,786
-
2a · Program service revenue: CONTRACTS & CONSULTING INCOME
total $80,500 · related or exempt $80,500
-
3 · Investment income
total $260 · excluded $260
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $161,752 · program services $132,636 · management and general $25,881 · fundraising $3,235
-
7 · Other salaries and wages
total $376,829 · program services $309,000 · management and general $60,292 · fundraising $7,537
-
8 · Pension plan contributions
total $15,649 · program services $12,832 · management and general $2,504 · fundraising $313
-
9 · Other employee benefits
total $87,095 · program services $71,418 · management and general $13,935 · fundraising $1,742
-
10 · Payroll taxes
total $41,969 · program services $34,415 · management and general $6,715 · fundraising $839
-
11c · Fees: accounting
total $25,142 · management and general $25,142
-
11g · Fees: other
total $10,000 · program services $10,000
-
13 · Office expenses
total $12,846 · program services $10,534 · management and general $2,055 · fundraising $257
-
14 · Information technology
total $11,004 · program services $9,023 · management and general $1,761 · fundraising $220
-
16 · Occupancy
total $3,562 · program services $2,921 · management and general $570 · fundraising $71
-
17 · Travel
total $7,239 · program services $7,239
-
19 · Conferences, conventions and meetings
total $17,744 · program services $17,744
-
23 · Insurance
total $2,468 · program services $2,024 · management and general $395 · fundraising $49
-
24a · Other expenses: OUTSIDE SERVICES
total $2,238 · management and general $2,238
-
24b · Other expenses: BANK FEES
total $535 · management and general $535
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $158,408 · end of year $451,711
-
2 · Savings and temporary cash investments
beginning of year $576,816 · end of year $622,076
-
3 · Pledges and grants receivable
beginning of year $80,000 · end of year $215,000
-
4 · Accounts receivable
beginning of year $12,000 · end of year $25,000
-
9 · Prepaid expenses and deferred charges
beginning of year $2,333 · end of year $2,306
-
17 · Accounts payable and accrued expenses
beginning of year $51,521 · end of year $52,583
-
19 · Deferred revenue
beginning of year $160,000
-
27 · Net assets without donor restrictions
beginning of year $578,036 · end of year $1,098,510
-
28 · Net assets with donor restrictions
beginning of year $40,000 · end of year $165,000
Mission and programs · 2025
Mission
COMMITTED TO IMPROVING PUBLIC POLICIES AND PRIVATE PRACTICES TO BETTER THE ECONOMIC AND SOCIAL CONDITIONS OF ALL NEW YORKERS. FOUNDED IN 1991, FPI IS COMMITTED TO CREATING A STRONG ECONOMY IN WHICH PROSPERITY IS SHARED BY ALL NEW YORKERS.
-
THE FISCAL POLICY INSTITUTE IS A NONPARTISAN RESEARCH AND EDUCATION ORGANIZATION THAT FOCUSES ON THE TAX, BUDGET, AND ECONOMIC ISSUES THAT AFFECT THE QUALITY OF LIFE AND WELL-BEING OF NEW YORK STATE RESIDENTS. FPI'S WORK IS INTENDED TO FURTHER THE DEVELOPMENT AND IMPLEMENTATION OF PUBLIC POLICIES THAT CREATE A STRONG STATE ECONOMY IN WHICH PROSPERITY IS BROADLY SHARED. FPI PROMOTES PUBLIC AND GOVERNMENTAL UNDERSTANDING OF THE FISCAL AND ECONOMIC ISSUES FACING NEW YORKERS BY CONDUCTING AND PUBLISHING RESEARCH AND ANALYSIS, DISSEMINATING ITS WORK IN PRINT, RADIO, TELEVISION, AND SOCIAL MEDIA, AND HOLDING CONFERENCES AND INFORMATIONAL MEETINGS, AMONG OTHER MEANS OF PUBLIC EDUCATION.
Expenses $619,786 · Revenue $80,500
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nathan GusdorfNATHAN GUSDORF
EXEC DIRECTO
- Total calculated
- $166,604
- From this org
- $161,751
- From related orgs
- $0
- Other
- $4,853
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,751
- Bonus
- not reported
- Other
- not reported
- Deferred
- $4,853
- Nontaxable benefits
- not reported
- Filer's total
- $166,604
-
Emily EisnerEMILY EISNER
ACTING EXEC
- Total calculated
- $0
- Hours/week
- 40
-
Debipriya ChatterjeeDEBIPRIYA CHATTERJEE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Brian McDonnellBRIAN MCDONNELL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Nancy RankinNANCY RANKIN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Kate BreslinKATE BRESLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joe DonahueJOE DONAHUE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter SavagePETER SAVAGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Fran TurnerFRAN TURNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elie WardELIE WARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christine D'Onofrio PhDCHRISTINE D'ONOFRIO PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
None.
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 25 June 2026
- IRS schema version
- 2025v4.0
- Source object
- 202641769349300019
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