Skip to content
Nonprofiteer
← INSTITUTE FOR SECURITY AND TECHNOLOGY

Form 990 for tax year 2022

Filed by INSTITUTE FOR SECURITY AND TECHNOLOGY.

Totals

Total revenue
$4,408,210
Total expenses
$2,667,709
Contributions and grants received
$4,379,881
Grants paid
$658,488
Program service revenue
$25,000
Investment income
$61
Other revenue
$3,268
Total assets, end of year
$2,931,314
Total liabilities, end of year
$13,998
Net assets or fund balances, end of year
$2,917,316
Program services expenses (Part IX)
$2,387,312
Management and general expenses
$178,506
Fundraising expenses
$101,891
Program service expenses (Part III)
$2,387,312

Program services were 89.5% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $304,550

  • 1f · All other contributions, gifts and grants

    $4,075,331

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: MANAGEMENT FEE INCOME

    total $25,000 · related or exempt $25,000 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $61 · related or exempt $0 · unrelated business $0 · excluded $61

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $3,268 · related or exempt $3,268 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $3,268

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $658,488 · program services $658,488

  • 5 · Compensation of officers, directors and key employees

    total $467,298 · program services $440,037 · management and general $27,261

  • 7 · Other salaries and wages

    total $722,157 · program services $687,990 · management and general $34,167

  • 9 · Other employee benefits

    total $73,173 · program services $63,918 · management and general $9,255

  • 10 · Payroll taxes

    total $86,013 · program services $81,712 · management and general $4,301

  • 11c · Fees: accounting

    total $24,668 · management and general $24,668

  • 11e · Fees: professional fundraising services

    total $96,453 · fundraising $96,453

  • 11g · Fees: other

    total $334,027 · program services $291,305 · management and general $42,722

  • 12 · Advertising and promotion

    total $2,114 · management and general $2,114

  • 13 · Office expenses

    total $17,227 · program services $13,799 · management and general $3,403 · fundraising $25

  • 14 · Information technology

    total $27,347 · program services $12,412 · management and general $14,392 · fundraising $543

  • 17 · Travel

    total $130,865 · program services $116,225 · management and general $9,950 · fundraising $4,690

  • 19 · Conferences, conventions and meetings

    total $9,807 · program services $8,227 · management and general $1,400 · fundraising $180

  • 22 · Depreciation, depletion and amortization

    total $1,094 · management and general $1,094

  • 23 · Insurance

    total $2,416 · management and general $2,416

  • 24a · Other expenses: STAFF DEVELOPMENT AND TRAINING

    total $14,562 · program services $13,199 · management and general $1,363 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $942,489 · end of year $2,913,462

  • 9 · Prepaid expenses and deferred charges

    end of year $15,389

  • 10a · Land, buildings and equipment: cost or other basis

    $5,469

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,006

  • 10c · Land, buildings and equipment, net

    beginning of year $3,557 · end of year $2,463

  • 11 · Investments: publicly traded securities

    beginning of year $44,095

  • 17 · Accounts payable and accrued expenses

    beginning of year $826 · end of year $13,998

  • 25 · Other liabilities

    end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $696,168 · end of year $1,461,891

  • 28 · Net assets with donor restrictions

    beginning of year $293,147 · end of year $1,455,425

Mission and programs · 2022

Mission

A NONPROFIT PUBLIC BENEFIT CORPORATION THAT EDUCATES THE PUBLIC ON ISSUES RELATED TO GLOBAL SECURITY AND PROVIDES A TRUSTED TECHNOLOGY AND POLICY LAB FOR MITIGATING EMERGING SECURITY THREATS IN COMMERCIALLY VIABLE AND INTERNATIONALLY BENEFICIAL WAYS.

Activities or mission (Part I)

TO SOLVE EMERGING SECURITY THREATS BY CREATING A BRIDGE BETWEEN TECHNOLOGY AND POLICY LEADERS.

  • FUTURE OF DIGITAL SECURITY (INTERNET SECURITY): CONTINUED WORK WITH A COALITION OF INDUSTRY AND GOVERNMENT PARTNERS TO MITIGATE THE THREAT POSED BY RANSOMWARE AND OTHER ECOSYSTEM WIDE CYBERSECURITY THREATS. THIS PILLAR OF THEMATIC WORK IS NAMED 'FUTURE OF DIGITAL SECURITY.'

    Expenses $1,182,501

  • INNOVATION AND CATASTROPHIC RISK (CATALINK AND NUCLEAR WEAPONS): TECHNICAL SOLUTION TO REDUCE NUCLEAR RISK BY PROVIDING A SECURE RELIABLE, DEDICATED CRISIS COMMUNICATIONS CAPABILITY, EXPANDED A PUBLIC UNCLASSIFIED BASELINE BODY OF KNOWLEDGE ON NUCLEAR COMMAND, CONTROL, AND COMMUNICATIONS THROUGH CONVENING GLOBAL EXPERTS, ADDING DEEPENED KNOWLEDGE ON THE IMPACT OF TECHNOLOGIES LIKE DEEP LEARNING. THIS PILLAR OF THEMATIC WORK IS NAMED 'INNOVATION AND CATASTROPHIC RISK.'

    Expenses $332,028

  • GEOPOLITICS OF TECHNOLOGY (FUTURE DIGITAL THREATS TO DEMOCRACY): WORKS TO IDENTIFY AND DEFINE FUTURE POTENTIAL THREATS TO DEMOCRACY POSED BY DIGITAL SYSTEMS, AIMING TO DERIVE SOLUTIONS TO ENSURE THE RESILIENCE OF DEMOCRATIC INSTITUTIONS. THIS PILLAR OF THEMATIC WORK IS NAMED GEOPOLITICS OF TECHNOLOGY AND INCLUDES THE SBI AND DCDI PROJECT.

    Expenses $214,295

  • OTHER PROGRAMS - FISCAL SPONSORSHIPS

    Expenses $658,488 · Grants $658,488 · Revenue $25,000

As filed on the 2022 return.

Listed in Part VII

  • Megan Stifel

    CHIEF STRATEGY OFFICER

    Total calculated
    $243,731
    From this org
    $213,684
    From related orgs
    $0
    Other
    $30,047
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,684
    Bonus
    $35,000
    Other
    $30,047
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $243,731

  • Philip Reiner

    CEO

    Total calculated
    $223,568
    From this org
    $206,201
    From related orgs
    $0
    Other
    $17,367
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,201
    Bonus
    $0
    Other
    $17,367
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $223,568

  • Michael McNerney

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Katherine Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Adean Mills Golub

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tj Rylander

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Eli Sugarman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jason Kichen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Heather Richman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dan Berkenstock

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Deborah Gordon

    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

  • 3 · Approval by the board or compensation committee

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

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349328610

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.