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← JOINT CENTER FOR POLITICAL AND ECONOMIC STUDIES INC

Form 990 for tax year 2022

Filed by JOINT CENTER FOR POLITICAL AND ECONOMIC STUDIES INC.

Totals

Total revenue
$4,186,169
Total expenses
$4,058,282
Contributions and grants received
$4,081,881
Grants paid
$0
Program service revenue
$100,636
Investment income
$3,652
Other revenue
$0
Total assets, end of year
$11,916,860
Total liabilities, end of year
$634,816
Net assets or fund balances, end of year
$11,282,044
Program services expenses (Part IX)
$2,624,717
Management and general expenses
$983,541
Fundraising expenses
$450,024
Program service expenses (Part III)
$2,624,717

Program services were 64.7% 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

    $4,081,881

  • 2a · Program service revenue: AARP RESEARCH

    total $100,636 · related or exempt $100,636

  • 3 · Investment income

    total $3,652 · excluded $3,652

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $273,538 · program services $98,474 · management and general $144,975 · fundraising $30,089

  • 7 · Other salaries and wages

    total $1,531,794 · program services $867,660 · management and general $537,730 · fundraising $126,404

  • 8 · Pension plan contributions

    total $23,287 · program services $15,281 · management and general $5,509 · fundraising $2,497

  • 9 · Other employee benefits

    total $103,473 · program services $63,040 · management and general $29,293 · fundraising $11,140

  • 10 · Payroll taxes

    total $155,752 · program services $92,552 · management and general $48,326 · fundraising $14,874

  • 11c · Fees: accounting

    total $142,679 · program services $9,662 · management and general $133,017

  • 11g · Fees: other

    total $1,212,309 · program services $979,654 · fundraising $232,655

  • 12 · Advertising and promotion

    total $251,110 · program services $242,527 · management and general $3,734 · fundraising $4,849

  • 13 · Office expenses

    total $66,524 · program services $39,693 · management and general $25,218 · fundraising $1,613

  • 14 · Information technology

    total $50,209 · program services $29,129 · management and general $10,717 · fundraising $10,363

  • 16 · Occupancy

    total $90,709 · program services $51,434 · management and general $29,953 · fundraising $9,322

  • 17 · Travel

    total $47,581 · program services $35,450 · management and general $8,464 · fundraising $3,667

  • 19 · Conferences, conventions and meetings

    total $97,831 · program services $93,476 · management and general $2,787 · fundraising $1,568

  • 23 · Insurance

    total $10,511 · program services $6,685 · management and general $2,843 · fundraising $983

  • 24a · Other expenses: BUSINESS REG. FEES

    total $975 · management and general $975

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,204,601 · end of year $9,387,556

  • 2 · Savings and temporary cash investments

    beginning of year $831,374 · end of year $1,005,126

  • 3 · Pledges and grants receivable

    beginning of year $2,280,518 · end of year $1,348,530

  • 9 · Prepaid expenses and deferred charges

    beginning of year $49,999 · end of year $25,636

  • 15 · Other assets

    beginning of year $0 · end of year $150,012

  • 17 · Accounts payable and accrued expenses

    beginning of year $212,335 · end of year $279,877

  • 19 · Deferred revenue

    beginning of year $0 · end of year $200,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $154,939

  • 27 · Net assets without donor restrictions

    beginning of year $4,528,019 · end of year $7,402,763

  • 28 · Net assets with donor restrictions

    beginning of year $6,626,138 · end of year $3,879,281

Mission and programs · 2022

Mission

THE JOINT CENTER FOR POLITICAL AND ECONOMIC STUDIES, AMERICA'S BLACK THINK TANK, PROVIDES COMPELLING AND ACTIONABLE POLICY SOLUTIONS TO ERADICATE PERSISTENT AND EVOLVING BARRIERS TO THE FULL FREEDOM OF BLACK PEOPLE IN AMERICA. (SEE SCHEDULE O)WE ARE THE TRUSTED FORUM FOR LEADING EXPERTS AND SCHOLARS TO PARTICIPATE IN MAJOR PUBLIC POLICY DEBATES AND PROMOTE IDEAS THAT ADVANCE BLACK COMMUNITIES. WE USE EVIDENCE-BASED RESEARCH, ANALYSIS, CONVENINGS, AND STRATEGIC COMMUNICATIONS TO SUPPORT BLACK COMMUNITIES AND A NETWORK OF ALLIES.

Activities or mission (Part I)

THE JOINT CENTER FOR POLITICAL AND ECONOMIC STUDIES, AMERICA'S BLACK THINK TANK, PROVIDES COMPELLING AND ACTIONABLE POLICY SOLUTIONS TO ERADICATE PERSISTENT AND EVOLVING BARRIERS TO THE FULL FREEDOM OF BLACK PEOPLE IN AMERICA. WE ARE THE TRUSTED FORUM FOR LEADING EXPERTS AND SCHOLARS TO PARTICIPATE IN MAJOR PUBLIC POLICY DEBATES AND PROMOTE IDEAS THAT ADVANCE BLACK COMMUNITIES. WE USE EVIDENCE-BASED RESEARCH, ANALYSIS, CONVENINGS, AND STRATEGIC COMMUNICATIONS TO SUPPORT BLACK COMMUNITIES AND A NETWORK OF ALLIES.

  • ECONOMIC STUDIES: THE JOINT CENTER'S ECONOMIC STUDIES PROGRAM CONDUCTS SURVEY RESEARCH, PRODUCES POLICY RESEARCH AND ANALYSIS, WRITES AND PUBLISHES REPORTS AND FACT SHEETS, ORGANIZES EVENTS, AND DISSEMINATES INFORMATION ON BLACK COMMUNITIES AND THE FUTURE OF WORK, ENTREPRENEURSHIP, TECHNOLOGY, AND PROGRAMS THAT PROVIDE PATHWAYS TO ECONOMIC OPPORTUNITY AND SECURITY. THE ECONOMIC STUDIES PROGRAM ALSO EXPLORES AND INCUBATES NEW RESEARCH ISSUE AREAS.

    Expenses $1,912,737 · Revenue $100,636

  • POLITICAL STUDIES: THE JOINT CENTER'S POLITICAL STUDIES PROGRAM COLLECTS AND ANALYZES DATA, CONDUCTS SURVEY RESEARCH, PRODUCES POLICY RESEARCH AND ANALYSIS, WRITES AND PUBLISHES REPORTS AND FACT SHEETS, ORGANIZES EVENTS, AND DISSEMINATES INFORMATION ON CONGRESSIONAL STAFF DIVERSITY, AND OTHER ISSUES RELATED TO THE CIVIC ENGAGEMENT AND PARTICIPATION OF BLACK COMMUNITIES.

    Expenses $711,980

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Spencer Overton

    PRESIDENT

    Total calculated
    $273,538
    From this org
    $268,846
    From related orgs
    $0
    Other
    $4,692
    Hours/week
    48

    Schedule J breakdown matched by us

    Base
    $268,846
    Bonus
    $0
    Other
    $0
    Deferred
    $4,452
    Nontaxable benefits
    $240
    Filer's total
    $273,538

  • Barbara Johnson

    CHAIR, THRU SEPT. 2022

    Total calculated
    $0
    Hours/week
    6

  • Paul Thornell

    CHAIR, AS OF SEPT. 2022

    Total calculated
    $0
    Hours/week
    2

  • Kenneth Jones

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Robert Raben

    SECRETARY, THRU SEPT. 2022

    Total calculated
    $0
    Hours/week
    2

  • Paula Boyd

    SECRETARY, AS OF SEPT. 2022

    Total calculated
    $0
    Hours/week
    2

  • A Scott Bolden

    GOVERNOR, THRU SEPT. 2022

    Total calculated
    $0
    Hours/week
    2

  • Latosha Brown

    GOVERNOR

    Total calculated
    $0
    Hours/week
    2

  • Michael Collins

    GOVERNOR

    Total calculated
    $0
    Hours/week
    2

  • Chanelle Hardy

    GOVERNOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Safiya Noble

    GOVERNOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Dianne Pinderhughes

    GOVERNOR

    Total calculated
    $0
    Hours/week
    2

  • Carla Thompson Payton

    GOVERNOR

    Total calculated
    $0
    Hours/week
    2

  • Antonio Williams

    GOVERNOR

    Total calculated
    $0
    Hours/week
    2

  • Chandra Hayslett

    VICE PRESIDENT, COMMUNICATIONS

    Total calculated
    $233,742
    From this org
    $215,000
    From related orgs
    $0
    Other
    $18,742
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,000
    Bonus
    $0
    Other
    $0
    Deferred
    $7,029
    Nontaxable benefits
    $11,713
    Filer's total
    $233,742

  • Quinci Moody

    VICE PRESIDENT, FINANCE AND OPS.

    Total calculated
    $219,736
    From this org
    $208,401
    From related orgs
    $0
    Other
    $11,335
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,401
    Bonus
    $0
    Other
    $0
    Deferred
    $1,853
    Nontaxable benefits
    $9,482
    Filer's total
    $219,736

  • Jessica Fulton

    VICE PRESIDENT, POLICY

    Total calculated
    $210,269
    From this org
    $192,208
    From related orgs
    $0
    Other
    $18,061
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,208
    Bonus
    $0
    Other
    $0
    Deferred
    $9,610
    Nontaxable benefits
    $8,451
    Filer's total
    $210,269

  • Lashonda Brenson

    SENIOR RESEARCHER

    Total calculated
    $159,520
    From this org
    $144,003
    From related orgs
    $0
    Other
    $15,517
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,003
    Bonus
    $0
    Other
    $0
    Deferred
    $7,200
    Nontaxable benefits
    $8,317
    Filer's total
    $159,520

  • Tykia Warden

    VICE PRESIDENT, DEVELOPMENT

    Total calculated
    $139,159
    From this org
    $134,135
    From related orgs
    $0
    Other
    $5,024
    Hours/week
    40

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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
28 September 2023
IRS schema version
2022v5.0
Source object
202302719349302000

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