Skip to content
Nonprofiteer
← VIRGINIA INSTITUTE FOR PUBLIC POLICY

Form 990 for tax year 2022

Filed by VIRGINIA INSTITUTE FOR PUBLIC POLICY.

Totals

Total revenue
$506,466
Total expenses
$576,299
Contributions and grants received
$471,759
Grants paid
$0
Program service revenue
$34,706
Investment income
$1
Other revenue
$0
Total assets, end of year
$105,287
Total liabilities, end of year
$7,146
Net assets or fund balances, end of year
$98,141
Program services expenses (Part IX)
$369,318
Management and general expenses
$61,818
Fundraising expenses
$145,163
Program service expenses (Part III)
$369,318

Program services were 64.1% 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

    $471,759

  • 2a · Program service revenue

    total $34,706 · related or exempt $34,706

  • 3 · Investment income

    total $1 · excluded $1

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $81,458 · program services $46,227 · management and general $14,866 · fundraising $20,365

  • 7 · Other salaries and wages

    total $247,095 · program services $164,581 · management and general $15,108 · fundraising $67,406

  • 11c · Fees: accounting

    total $4,038 · program services $2,019 · management and general $2,019

  • 11d · Fees: lobbying

    total $99 · program services $99

  • 12 · Advertising and promotion

    total $12,083 · program services $4,817 · fundraising $7,266

  • 13 · Office expenses

    total $32,591 · program services $10,516 · management and general $11,868 · fundraising $10,207

  • 16 · Occupancy

    total $35,882 · program services $12,200 · management and general $11,841 · fundraising $11,841

  • 17 · Travel

    total $123,805 · program services $97,360 · management and general $1,322 · fundraising $25,123

  • 19 · Conferences, conventions and meetings

    total $3,072 · program services $3,072

  • 22 · Depreciation, depletion and amortization

    total $449 · program services $449

  • 23 · Insurance

    total $2,316 · management and general $2,316

  • 24a · Other expenses: MERCHANT PROCESSING FEE

    total $19,303 · program services $18,815 · fundraising $488

  • 24b · Other expenses: COMMUNICATIONS

    total $7,379 · program services $2,510 · management and general $2,433 · fundraising $2,436

  • 24c · Other expenses: RADIO PROGRAM

    total $5,379 · program services $5,379

  • 24d · Other expenses: MEMBERSHIP DUES

    total $908 · program services $908

  • 24e · All other expenses

    total $442 · program services $366 · management and general $45 · fundraising $31

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $132,607 · end of year $93,363

  • 3 · Pledges and grants receivable

    beginning of year $40,000 · end of year $10,000

  • 8 · Inventories for sale or use

    beginning of year $1,250 · end of year $1,250

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

    $1,404

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

    $730

  • 10c · Land, buildings and equipment, net

    beginning of year $1,123 · end of year $674

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,006 · end of year $7,146

  • 27 · Net assets without donor restrictions

    beginning of year $167,974 · end of year $98,141

Mission and programs · 2022

Mission

THE ORGANIZATION IS COMMITTED TO THE GOALS OF INDIVIDUAL OPPORTUNITY AND ECONOMIC GROWTH. THROUGH RESEARCH, POLICY RECOMMENDATIONS, AND SYMPOSIA, THE INSTITUTE WORKS AHEAD OF THE POLITICAL PROCESS TO LAY THE INTELLECTUAL FOUNDATION FOR A SOCIETY DEDICATED TO INDIVIDUAL LIBERTY, DYNAMIC ENTREPRENEURIAL CAPITALISM, PRIVATE PROPERTY, THE RULE OF LAW, AND CONSTITUTIONALLY-LIMITED GOVERNMENT.

Activities or mission (Part I)

THE VIRGINIA INSTITUTE OF PUBLIC POLICY IS AN INDEPENDENT, NONPARTISAN, EDUCATION AND RESEARCH ORGANIZATION COMMITTED TO THE GOALS OF INDIVIDUAL OPPORTUNITY AND ECONOMIC GROWTH.

  • WE FOCUS ON PUBLIC POLICY ISSUES PERTINENT TO THE COMMONWEALTH WITH AN EMPHASIS ON THE FOLLOWING THEMES:THE PEOPLE VS. THE "ANOINTED; EDUCATION; CAPITALISM VS. DEMOCRATIC SOCIALISM; DEVOLUTION OF POWER; PHILSOPHY OF LAW.A MAJOR PORTION OF OUR POLICY RESEARCH INVOLVES REDEFINING THE ROLE, SCOPE, AND COST OF GOVERNMENT IN A FREE SOCIETY.

    Expenses $369,318 · Revenue $34,706

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

Listed in Part VII

  • Timothy E Donnor

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Derwood S Chase Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Charles J Cooper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Becky Norton Dunlop

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Douglas C Mills

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Abby S Moffat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Richard F Norman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lynn Taylor

    PRESIDENT

    Total calculated
    $81,458
    From this org
    $81,458
    From related orgs
    $0
    Other
    $0
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
20 October 2023
IRS schema version
2022v5.0
Source object
202333049349300448

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.