Totals
- Total revenue
- $2,504,743
- Total expenses
- $4,303,121
- Contributions and grants received
- $1,692,618
- Grants paid
- $0
- Program service revenue
- $602,551
- Investment income
- $209,574
- Other revenue
- $0
- Total assets, end of year
- $4,182,944
- Total liabilities, end of year
- $211,324
- Net assets or fund balances, end of year
- $3,971,620
- Program services expenses (Part IX)
- $3,414,472
- Management and general expenses
- $483,950
- Fundraising expenses
- $404,699
- Program service expenses (Part III)
- $3,414,472
Program services were 79.3% 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
$7,005
-
1f · All other contributions, gifts and grants
$1,685,613
-
1g · Noncash contributions included above
$299,328
-
2a · Program service revenue: RESEARCH
total $593,694 · related or exempt $593,694
-
2b · Program service revenue: LIBRARY FEES
total $8,857 · related or exempt $8,857
-
3 · Investment income
total $103,018 · excluded $103,018
-
7a · Gross sales of assets other than inventory
securities $754,637
-
7b · Less cost or other basis and sales expenses
securities $607,837 · other assets $40,244
-
7c · Gain or loss
securities $146,800 · other assets -$40,244
-
7d · Net gain or loss
total $106,556 · related or exempt -$40,244 · excluded $146,800
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $395,080 · program services $336,613 · management and general $19,106 · fundraising $39,361
-
7 · Other salaries and wages
total $2,134,902 · program services $1,818,960 · management and general $103,246 · fundraising $212,696
-
8 · Pension plan contributions
total $30,129 · program services $25,670 · management and general $1,457 · fundraising $3,002
-
9 · Other employee benefits
total $312,237 · program services $266,028 · management and general $15,101 · fundraising $31,108
-
10 · Payroll taxes
total $214,289 · program services $182,577 · management and general $10,363 · fundraising $21,349
-
11b · Fees: legal
total $41,971 · management and general $41,971
-
11c · Fees: accounting
total $97,850 · management and general $97,850
-
11f · Fees: investment management
total $8,951 · management and general $8,951
-
11g · Fees: other
total $258,443 · program services $183,010 · management and general $75,433
-
13 · Office expenses
total $238,638 · program services $172,583 · management and general $42,188 · fundraising $23,867
-
14 · Information technology
total $292,276 · program services $230,026 · management and general $13,056 · fundraising $49,194
-
16 · Occupancy
total $73,332 · program services $62,480 · management and general $3,546 · fundraising $7,306
-
17 · Travel
total $16,475 · program services $11,875 · management and general $2,360 · fundraising $2,240
-
19 · Conferences, conventions and meetings
total $117,546 · program services $100,150 · management and general $5,685 · fundraising $11,711
-
22 · Depreciation, depletion and amortization
total $13,872 · program services $11,819 · management and general $671 · fundraising $1,382
-
23 · Insurance
total $14,884 · program services $12,681 · management and general $720 · fundraising $1,483
-
24e · All other expenses
total $42,246 · management and general $42,246
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $338,771 · end of year $239,397
-
2 · Savings and temporary cash investments
beginning of year $251,476 · end of year $1,648,614
-
3 · Pledges and grants receivable
beginning of year $2,125,065 · end of year $793,175
-
4 · Accounts receivable
beginning of year $396,845 · end of year $18,680
-
9 · Prepaid expenses and deferred charges
beginning of year $96,350 · end of year $82,606
-
10a · Land, buildings and equipment: cost or other basis
$339,381
-
10b · Land, buildings and equipment: accumulated depreciation
$301,926
-
10c · Land, buildings and equipment, net
beginning of year $292,898 · end of year $37,455
-
11 · Investments: publicly traded securities
beginning of year $2,807,843 · end of year $1,363,017
-
15 · Other assets
beginning of year $28,165 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $39,645 · end of year $173,497
-
19 · Deferred revenue
end of year $37,827
-
25 · Other liabilities
beginning of year $379,491 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,402,763 · end of year $2,709,121
-
28 · Net assets with donor restrictions
beginning of year $4,515,514 · end of year $1,262,499
Mission and programs · 2023
Mission
OPENSECRETS WAS FORMED IN 2021 BY THE MERGER OF THE CENTER FOR RESPONSIVE POLITICS AND THE NATIONAL INSTITUTE ON MONEY IN POLITICS. THIS INDEPENDENT AND NONPARTISAN ORGANIZATION EDUCATES THE AMERICAN PUBLIC ABOUT MONEY'S INFLUENCE ON STATE (CONTINUED ON SCHEDULE 'O') AND FEDERAL ELECTIONS, POLITICS AND POLICY, AND ADVOCATES FOR A MORE TRANSPARENT AND ACCOUNTABLE GOVERNMENT. OPENSECRETS' MISSION IS TO TRACK AND REPORT ON THE FLOW OF MONEY IN AMERICAN POLITICS AND PROVIDE THE DATA AND ANALYSIS TO STRENGTHEN DEMOCRACY. OUR VISION IS FOR AMERICANS TO USE THIS KNOWLEDGE TO CREATE A MORE VIBRANT, REPRESENTATIVE AND ACCOUNTABLE GOVERNMENT.
Activities or mission (Part I)
OPENSECRETS IS THE LEADING RESEARCH ORGANIZATION TRACKING MONIES (CONTINUED ON SCHEDULE 'O') AND ITS EFFECTS ON STATE AND FEDERAL ELECTIONS AND PUBLIC POLICY. THE ORGANIZATION'S NON PARTISAN WORK IS AIMED AT CREATING A MORE EDUCATED VOTER, AN INVOLVED CITIZENRY AND A MORE RESPONSIVE AND ACCOUNTABLE GOVERNMENT.
-
CIVIC EDUCATION AND OUTREACH: A FOUR-TIME WEBBY WINNER FOR BEING THE BEST POLITICS RESOURCE ONLINE, OPENSECRETS' WEBSITE, OPENSECRETS.ORG, ALLOWS ITS MILLIONS OF USERS TO EXPLORE THE CONNECTIONS BETWEEN MONEY AND POLITICS, AND HOLD ELECTED AND APPOINTED OFFICIALS ACCOUNTABLE. FREELY AVAILABLE, EASY-TO-USE DATABASES TRACK STATE AND FEDERAL CAMPAIGN CONTRIBUTIONS, LOBBYING, THE REVOLVING DOOR AND POLITICIANS' PERSONAL FINANCES IN A VARIETY OF ILLUMINATING WAYS, SUCH AS BY INDUSTRY AND INTEREST GROUP. OPENSECRETS REACHES OUT TO ENGAGE WITH NEW AUDIENCES VIA SOCIAL MEDIA, PARTNERSHIPS, PRESENTATIONS AND TRAININGS, OUR ONLINE NEWSLETTER AND INTERACTIVE TOOLS ON OUR SITE. OPENSECRETS' RESEARCH IS CITED TENS OF THOUSANDS OF TIMES EACH YEAR IN THE NATION'S MOST PROMINENT PRINT, BROADCAST AND ONLINE NEWS OUTLETS.
Expenses $1,330,737
-
DATA, RESEARCH AND ANALYSIS: OPENSECRETS' REPORTING STAFF AND RESEARCHERS WORK HAND-IN-HAND TO COMB THE DATA FOR PATTERNS AND ANOMALIES, PUT THE DATA IN CONTEXT, IDENTIFY TRENDS AND PROVIDE THE MONEY-IN-POLITICS ANGLE TO TIMELY NEWS STORIES, TOPICS OF POPULAR INTEREST AND POLICY DEBATES. OPENSECRETS CONTINUALLY UPDATES AND IMPROVES ITS DATA TO PROVIDE AN ACCURATE, CONSISTENT AND COMPREHENSIVE RESOURCE FOR THE PRESS, SCHOLARS, ADVOCATES AND PUBLIC. OPENSECRETS FREQUENTLY WORKS WITH OTHER ORGANIZATIONS TO COMBINE ITS UNIQUE VALUE-ADDED DATA WITH OTHER DATA SETS, AND TO CREATE FEATURES ILLUSTRATING THE ROLE MONEY PLAYS IN POLITICS AND DECISION-MAKING.
Expenses $2,083,735 · Revenue $602,551
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Daniel DoktoriDANIEL DOKTORI
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
John JenkinsJOHN JENKINS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sonia JarvisSONIA JARVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Keri DoganKERI DOGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark HansenMARK HANSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick PennimanNICK PENNIMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer VictorJENNIFER VICTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maurice WeeksMAURICE WEEKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Caroline FredricksonCAROLINE FREDRICKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher GatesCHRISTOPHER GATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rosalind GoldROSALIND GOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff MalachowskyJEFF MALACHOWSKY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michael MalbinMICHAEL MALBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jodeen Olguin-TaylerJODEEN OLGUIN-TAYLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Geri PalastGERI PALAST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ann RavelANN RAVEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick BrandisNICK BRANDIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sheila KrumholzSHEILA KRUMHOLZ
EXECUTIVE DIRECTOR
- Total calculated
- $231,999
- From this org
- $209,012
- From related orgs
- $0
- Other
- $22,987
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,012
- Bonus
- $25,000
- Other
- $0
- Deferred
- $4,180
- Nontaxable benefits
- $18,807
- Filer's total
- $231,999
-
Jacob HilemanJACOB HILEMAN
DIRECTOR OF INFORMATION TE
- Total calculated
- $163,080
- From this org
- $153,674
- From related orgs
- $0
- Other
- $9,406
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,674
- Bonus
- $0
- Other
- $0
- Deferred
- $3,073
- Nontaxable benefits
- $6,333
- Filer's total
- $163,080
-
Sarah BrynerSARAH BRYNER
DIRECTOR OF RESEARCH & STR
- Total calculated
- $141,921
- From this org
- $122,441
- From related orgs
- $0
- Other
- $19,480
- Hours/week
- 40
-
Greg SchneiderGREG SCHNEIDER
DIRECTOR OF OPERATIONS
- Total calculated
- $125,699
- From this org
- $106,953
- From related orgs
- $0
- Other
- $18,746
- Hours/week
- 40
-
Brendan GlavinBRENDAN GLAVIN
SENIOR DATA ANALYST
- Total calculated
- $123,113
- From this org
- $110,875
- From related orgs
- $0
- Other
- $12,238
- Hours/week
- 40
-
Anna MassogliaANNA MASSOGLIA
EDITORAL & INVESTIGATIONS
- Total calculated
- $119,440
- From this org
- $111,734
- From related orgs
- $0
- Other
- $7,706
- Hours/week
- 40
-
Michael RileyMICHAEL RILEY
DATABASE ENGINEER
- Total calculated
- $118,237
- From this org
- $105,848
- From related orgs
- $0
- Other
- $12,389
- 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 · 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
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION WHEN PREPARING OPENSECRETS' ANNUAL BUDGET. THE BOARD OF DIRECTORS REVIEWS EXECUTIVE COMPENSATION INFORMATION FROM NON PROFIT ORGANIZATIONS THAT ARE SIMILAR IN SIZE AND MISSION TO OPENSECRETS. THE COMPENSATION FOR HIGHLY COMPENSATED EMPLOYEES IS ALSO APPROVED BY THE BOARD OF DIRECTORS BASED ON RECOMMENDATIONS MADE BY THE EXECUTIVE DIRECTOR.
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
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349323637
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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