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← INSTITUTE FOR GLOBAL AFFAIRS INC

Form 990 for tax year 2024

Filed by INSTITUTE FOR GLOBAL AFFAIRS INC.

Totals

Total revenue
$1,161,293
Total expenses
$1,177,256
Contributions and grants received
$1,136,824
Grants paid
$0
Program service revenue
$0
Investment income
$24,469
Other revenue
$0
Total assets, end of year
$679,725
Total liabilities, end of year
$68,687
Net assets or fund balances, end of year
$611,038
Program services expenses (Part IX)
$674,387
Management and general expenses
$502,758
Fundraising expenses
$111
Program service expenses (Part III)
$674,387

Program services were 57.3% 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.

  • 1f · All other contributions, gifts and grants

    $1,136,824

  • 3 · Investment income

    total $24,469 · unrelated business $0 · excluded $24,469

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

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $523,693 · program services $310,591 · management and general $213,102

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $244,373 · program services $143,077 · management and general $101,296

  • 8 · Pension plan contributions

    total $2,479 · program services $1,280 · management and general $1,199

  • 9 · Other employee benefits

    total $17,966 · program services $5,757 · management and general $12,209

  • 10 · Payroll taxes

    total $45,296 · program services $18,165 · management and general $27,131

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $66,026 · management and general $66,026

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $126,812 · program services $86,850 · management and general $39,962

  • 12 · Advertising and promotion

    total $13,050 · program services $11,565 · management and general $1,485

  • 13 · Office expenses

    total $25,734 · program services $12,938 · management and general $12,796

  • 14 · Information technology

    total $13,069 · program services $817 · management and general $12,252

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,260 · program services $1,260

  • 17 · Travel

    total $22,645 · program services $19,846 · management and general $2,799

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $10,917 · program services $10,591 · management and general $215 · fundraising $111

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $12,227 · management and general $12,227

  • 24a · Other expenses: RESEARCH SERVICES

    total $51,000 · program services $51,000

  • 24b · Other expenses: MISCELLANEOUS

    total $709 · program services $650 · management and general $59

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $121,910 · end of year $73,777

  • 2 · Savings and temporary cash investments

    beginning of year $583,438 · end of year $601,722

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,837 · end of year $4,226

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $85,184 · end of year $68,687

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $512,001 · end of year $526,038

  • 28 · Net assets with donor restrictions

    beginning of year $115,000 · end of year $85,000

Mission and programs · 2024

Mission

SEE SCHEDULE O.

Activities or mission (Part I)

See Schedule O

  • IGA connects people across the world to the geopolitical issues that impact their lives through research, outreach, and education. In 2024 IGA worked on four main projects: 1. Research. IGA conducts high-quality, objective research which both increases the public's understanding of international politics and informs policy makers. Independent America is a multi-year research project that explores how US foreign policy could be tailored better to new global realities and to the preferences of American voters and perceptions of citizens across the globe of American-style democracy. In 2024 we released two substantial surveys which were received with a lot of interest and have been widely cited in media. 2. Outreach. IGA works to increase public interest in and awareness of global affairs. We amplify diverse perspectives and the voices of thinkers traditionally underrepresented in international affairs to nurture a more inclusive and open community of foreign policy experts in the United States and around the globe. Through extensive media engagement, engaging videos, publications, articles, editorials, social media engagement, and our very own podcast, organization is making relevant issues accessible and understandable. 3. Education. IGA creates opportunities for people, particularly underserved youth, to access quality, easy-to-use learning materials and curricula on global affairs for use in the classroom and on the go. In the past year we developed and launched series of free micro-lessons that can be easily accessed and consumed to help users quickly get up to speed on the foreign policy and national security issues. 4. IGA is continuing its efforts to explore the impact of the digital revolution (and AI in particular) on our civic life and the ways we live, work, and communicate. This analysis and exploration are seeking to understand both incredible potential of technologies to help billions of people live happier, healthier, and more productive lives and also the newly created challenges for citizens and governments around the world.

    Expenses $674,387

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark Hannah

    Exec. Director 9/24 to 12/24

    Total calculated
    $329,246
    From this org
    $278,333
    From related orgs
    $0
    Other
    $50,913
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $278,333
    Bonus
    $0
    Other
    $0
    Deferred
    $9,220
    Nontaxable benefits
    $41,693
    Filer's total
    $329,246

  • Allyn Summa

    Exec. Director 1/24 to 9/24

    Total calculated
    $194,447
    From this org
    $173,600
    From related orgs
    $0
    Other
    $20,847
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,600
    Bonus
    $0
    Other
    $0
    Deferred
    $6,156
    Nontaxable benefits
    $14,691
    Filer's total
    $194,447

  • Ian Bremmer

    Board President

    Total calculated
    $0
    Hours/week
    5

  • Zachary Karabell

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Sallie Krawcheck

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Betty Liu

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Maziar Minovi

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Niko Pfund

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Joe Schoendorf

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Lucas Wittmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Gregory Boyle

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Richard Lorenzen

    Director (THRU 12/31/2024)

    Total calculated
    $0
    Hours/week
    0.5

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 · Written employment contract
  • 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Eurasia Group Ltd

    S CORP · Consulting · NY · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202502799349302085

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