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Nonprofiteer
← THE ROOSEVELT INSTITUTE

Form 990 for tax year 2023

Filed by THE ROOSEVELT INSTITUTE.

Totals

Total revenue
$13,214,279
Total expenses
$11,975,253
Contributions and grants received
$12,569,976
Grants paid
$247,400
Program service revenue
$0
Investment income
$856,058
Other revenue
-$211,755
Total assets, end of year
$37,532,512
Total liabilities, end of year
$831,132
Net assets or fund balances, end of year
$36,701,380
Program services expenses (Part IX)
$6,769,792
Management and general expenses
$4,061,037
Fundraising expenses
$1,144,424
Program service expenses (Part III)
$6,769,792

Program services were 56.5% 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.

  • 1c · Fundraising events

    $163,013

  • 1f · All other contributions, gifts and grants

    $12,406,963

  • 1g · Noncash contributions included above

    $9,388

  • 3 · Investment income

    total $706,389 · excluded $706,389

  • 7a · Gross sales of assets other than inventory

    securities $3,057,998

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

    securities $2,908,329

  • 7c · Gain or loss

    securities $149,669

  • 7d · Net gain or loss

    total $149,669 · excluded $149,669

  • 8a · Fundraising events: gross income

    $13,260

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

    $163,013

  • 8b · Fundraising events: direct expenses

    $257,012

  • 8c · Net income from fundraising events

    total -$243,752 · excluded -$243,752

  • 11a · Other revenue: OTHER INCOME

    total $31,997 · related or exempt $31,997

  • 11e · Other revenue, total

    $31,997

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,000 · program services $100,000

  • 2 · Grants to domestic individuals

    total $142,400 · program services $142,400

  • 3 · Grants to foreign organizations and individuals

    total $5,000 · program services $5,000

  • 5 · Compensation of officers, directors and key employees

    total $1,562,023 · program services $835,021 · management and general $535,959 · fundraising $191,043

  • 7 · Other salaries and wages

    total $4,851,395 · program services $2,593,516 · management and general $1,664,822 · fundraising $593,057

  • 8 · Pension plan contributions

    total $161,199 · program services $86,154 · management and general $55,253 · fundraising $19,792

  • 9 · Other employee benefits

    total $698,770 · program services $373,463 · management and general $239,511 · fundraising $85,796

  • 10 · Payroll taxes

    total $471,116 · program services $251,791 · management and general $161,480 · fundraising $57,845

  • 11b · Fees: legal

    total $72,063 · program services $45,591 · management and general $24,762 · fundraising $1,710

  • 11c · Fees: accounting

    total $53,757 · program services $34,009 · management and general $18,472 · fundraising $1,276

  • 11f · Fees: investment management

    total $97,748 · management and general $97,748

  • 11g · Fees: other

    total $2,352,828 · program services $1,488,520 · management and general $808,470 · fundraising $55,838

  • 12 · Advertising and promotion

    total $14,231 · program services $14,231

  • 13 · Office expenses

    total $81,132 · program services $33,041 · management and general $33,577 · fundraising $14,514

  • 14 · Information technology

    total $133,235 · program services $84,291 · management and general $45,782 · fundraising $3,162

  • 16 · Occupancy

    total $564,721 · program services $319,207 · management and general $181,027 · fundraising $64,487

  • 17 · Travel

    total $217,175 · program services $161,857 · management and general $33,171 · fundraising $22,147

  • 19 · Conferences, conventions and meetings

    total $120,898 · program services $112,743 · management and general $8,092 · fundraising $63

  • 22 · Depreciation, depletion and amortization

    total $22,004 · program services $15,523 · management and general $4,779 · fundraising $1,702

  • 23 · Insurance

    total $74,717 · program services $600 · management and general $74,117

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $178,841 · program services $72,834 · management and general $74,015 · fundraising $31,992

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $18,100,420 · end of year $17,854,899

  • 3 · Pledges and grants receivable

    beginning of year $3,280,270 · end of year $4,284,906

  • 9 · Prepaid expenses and deferred charges

    beginning of year $107,148 · end of year $178,351

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

    $162,211

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

    $146,931

  • 10c · Land, buildings and equipment, net

    beginning of year $37,284 · end of year $15,280

  • 12 · Investments: other securities

    beginning of year $12,519,064 · end of year $14,557,295

  • 15 · Other assets

    beginning of year $1,274,293 · end of year $641,781

  • 17 · Accounts payable and accrued expenses

    beginning of year $685,312 · end of year $528,729

  • 25 · Other liabilities

    beginning of year $904,051 · end of year $302,403

  • 27 · Net assets without donor restrictions

    beginning of year $21,783,358 · end of year $24,170,389

  • 28 · Net assets with donor restrictions

    beginning of year $11,945,758 · end of year $12,530,991

Mission and programs · 2023

Mission

SEE SCHEDULE O.

Activities or mission (Part I)

TO CREATE A NATION WHERE EVERYONE ENJOYS A FAIR SHARE OF OUR COLLECTIVE PROSPERITY.

  • THINK TANK: SEE SCHEDULE O.

    Expenses $4,578,118 · Grants $105,000

  • NETWORK: SEE SCHEDULE O.

    Expenses $968,561 · Grants $130,000

  • FDR LIBRARY: SEE SCHEDULE O.

    Expenses $633,120 · Grants $12,400

  • THE ROOSEVELT SOCIETY: SEE SCHEDULE O.

    Expenses $589,993

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Anne Roosevelt

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Darla Kashian

    VICE CHAIR/SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Dawn Smalls

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Sharon Block

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Henry Hicks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Abdul El-Sayed

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Keyontay Humphries

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Perrin Ireland

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nancy Roosevelt Ireland

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jas Johl

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Brina Milikowsky

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Sally Minard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Rajiv Narayan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nicholas W Roosevelt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Randi Weingarten

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Brian Wolff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • William Harris

    FDRL DIRECTOR, EX OFFICIO

    Total calculated
    $0
    Hours/week
    2

  • Felicia Wong

    PRESIDENT & CEO, EX OFFICIO

    Total calculated
    $542,287
    From this org
    $496,765
    From related orgs
    $0
    Other
    $45,522
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $434,265
    Bonus
    $62,500
    Other
    $0
    Deferred
    $11,000
    Nontaxable benefits
    $34,522
    Filer's total
    $542,287

  • Katarina Duplessy

    CHIEF FINANCIAL OFFICER

    Total calculated
    $275,091
    From this org
    $234,828
    From related orgs
    $0
    Other
    $40,263
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,828
    Bonus
    $0
    Other
    $0
    Deferred
    $9,634
    Nontaxable benefits
    $30,629
    Filer's total
    $275,091

  • Marissa Guananja

    CHIEF OPERATING OFFICER (TO 12/23)

    Total calculated
    $250,931
    From this org
    $223,173
    From related orgs
    $0
    Other
    $27,758
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,173
    Bonus
    $0
    Other
    $0
    Deferred
    $8,751
    Nontaxable benefits
    $19,007
    Filer's total
    $250,931

  • Juliette Stableski

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $244,099
    From this org
    $203,228
    From related orgs
    $0
    Other
    $40,871
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,228
    Bonus
    $0
    Other
    $0
    Deferred
    $8,677
    Nontaxable benefits
    $32,194
    Filer's total
    $244,099

  • Lisa Deroche

    CHIEF PEOPLE EQUITY OFFICER

    Total calculated
    $251,010
    From this org
    $228,965
    From related orgs
    $0
    Other
    $22,045
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,965
    Bonus
    $0
    Other
    $0
    Deferred
    $2,392
    Nontaxable benefits
    $19,653
    Filer's total
    $251,010

  • Deborah Dunevant

    SVP COMMUNICATIONS

    Total calculated
    $234,566
    From this org
    $211,131
    From related orgs
    $0
    Other
    $23,435
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,131
    Bonus
    $0
    Other
    $0
    Deferred
    $8,384
    Nontaxable benefits
    $15,051
    Filer's total
    $234,566

  • Michael Konczal

    DIR. MACROECONOMIC ANALYSIS

    Total calculated
    $206,120
    From this org
    $185,649
    From related orgs
    $0
    Other
    $20,471
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,649
    Bonus
    $0
    Other
    $0
    Deferred
    $7,610
    Nontaxable benefits
    $12,861
    Filer's total
    $206,120

  • Suzanne Kahn

    MG DIR. RESEARCH & POLICY

    Total calculated
    $197,486
    From this org
    $177,799
    From related orgs
    $0
    Other
    $19,687
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,799
    Bonus
    $0
    Other
    $0
    Deferred
    $7,199
    Nontaxable benefits
    $12,488
    Filer's total
    $197,486

  • Shannon Smith

    MG DIR. FINANCE

    Total calculated
    $200,660
    From this org
    $171,047
    From related orgs
    $0
    Other
    $29,613
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,047
    Bonus
    $0
    Other
    $0
    Deferred
    $6,888
    Nontaxable benefits
    $22,725
    Filer's total
    $200,660

  • Todd Tucker

    DIR. INDUSTRIAL POLICY AND TRADE

    Total calculated
    $174,693
    From this org
    $167,357
    From related orgs
    $0
    Other
    $7,336
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,357
    Bonus
    $0
    Other
    $0
    Deferred
    $6,681
    Nontaxable benefits
    $655
    Filer's total
    $174,693

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
2023
Filed
24 June 2024
IRS schema version
2023v5.1
Source object
202442679349301474

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