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Nonprofiteer
← PORTULANS INSTITUTE

Form 990 for tax year 2023

Filed by PORTULANS INSTITUTE.

Totals

Total revenue
$222,192
Total expenses
$379,530
Contributions and grants received
$218,192
Grants paid
$0
Program service revenue
$4,000
Investment income
$0
Other revenue
$0
Total assets, end of year
$58,402
Total liabilities, end of year
$38,015
Net assets or fund balances, end of year
$20,387
Program services expenses (Part IX)
$263,322
Management and general expenses
$91,608
Fundraising expenses
$24,600
Program service expenses (Part III)
$263,322

Program services were 69.4% 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.

  • 1e · Government grants (contributions)

    $73,200

  • 1f · All other contributions, gifts and grants

    $144,992

  • 2a · Program service revenue: SERVICES

    total $4,000 · related or exempt $4,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $122,000 · program services $36,600 · management and general $61,000 · fundraising $24,400

  • 11c · Fees: accounting

    total $10,701 · management and general $10,701

  • 11g · Fees: other

    total $175,577 · program services $175,577

  • 12 · Advertising and promotion

    total $29 · management and general $29

  • 13 · Office expenses

    total $2,783 · management and general $2,783

  • 14 · Information technology

    total $8,496 · program services $4,444 · management and general $4,052

  • 16 · Occupancy

    total $4,381 · management and general $4,381

  • 17 · Travel

    total $42,401 · program services $42,401

  • 23 · Insurance

    total $4,973 · management and general $4,973

  • 24a · Other expenses: PRODUCTION

    total $4,000 · program services $4,000

  • 24b · Other expenses: FOREIGN TAX EXPENSE

    total $2,500 · management and general $2,500

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $689 · management and general $689

  • 24e · All other expenses

    total $1,000 · program services $300 · management and general $500 · fundraising $200

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $171,019 · end of year $35,536

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,295 · end of year $0

  • 14 · Intangible assets

    beginning of year $22,866 · end of year $22,866

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,455 · end of year $38,015

  • 27 · Net assets without donor restrictions

    beginning of year $177,725 · end of year $20,387

Mission and programs · 2023

Mission

TO DEVELOP CROSS-COMMUNITY KNOWLEDGE AND DIALOGUE ON HOW PEOPLE, TECHNOLOGY AND INNOVATION CONTRIBUTE TO SUSTAINABLE AND INCLUSIVE GROWTH; TO INFORM POLICY-MAKERS, BY PRODUCING INDEPENDENT, RIGOROUS METRICS AND DATA-BASED RESEARCH; TO COLLABORATE WITH PRIVATE SECTOR LEADERS IN DRIVING A BUSINESS AGENDA THAT INVESTS IN PEOPLE, TECHNOLOGY, AND INNOVATION FOR A PROSPEROUS COMMON FUTURE; TO HOST AND CO-ORGANIZE EVENTS AND CONFERENCES ON THE ABOVE ISSUES AFFECTING HUMAN-CENTRIC SUSTAINABLE ECONOMIC PROSPERITY.

Activities or mission (Part I)

NONPARTISAN RESEARCH AND EDUCATIONAL INSTITUTE BASED IN WASHINGTON DC. TO DEVELOP CROSS-COMMUNITY KNOWLEDGE AND DIALOGUE ON HOW PEOPLE, TECHNOLOGY AND INNOVATION CONTRIBUTE TO SUSTAINABLE AND INCLUSIVE GROWTH; TO INFORM POLICY-MAKERS, BY PRODUCING INDEPENDENT, RIGOROUS METRICS AND DATA-BASED RESEARCH; TO COLLABORATE WITH PRIVATE SECTOR LEADERS IN DRIVING A BUSINESS AGENDA THAT INVESTS IN PEOPLE, TECHNOLOGY, AND INNOVATION FOR A PROSPEROUS COMMON FUTURE; TO HOST AND CO-ORGANIZE EVENTS AND CONFERENCES ON THE ABOVE ISSUES AFFECTING HUMAN-CENTRIC SUSTAINABLE ECONOMIC PROSPERITY.

  • CORPORATE PARTNERS PROGRAM - PORTULANS INSTITUTE AIMS TO ENGAGE WITH PRIVATE SECTOR LEADERS TO FOCUS ON HUMAN-CENTRIC AND SUSTAINABLE GROWTH. THE PRIVATE SECTOR PLAYS A CRITICAL ROLE IN BUILDING OUR COMMON FUTURE AND IT IS CRUCIAL THAT CORPORATE LEADERS INVEST WISELY AND APPROPRIATELY.

    Expenses $105,329

  • RESEARCH - AT THE PORTULANS INSTITUTE, OUR RESEARCH PROJECTS PRIMARILY FOCUS ON CONDUCTING TECHNICAL ANALYSES GROUNDED IN DATA DERIVED FROM COMPREHENSIVE INSTRUMENTS SUCH AS THE NETWORK READINESS INDEX (NRI) AND THE GLOBAL INNOVATION INDEX (GII), AMONG OTHER COMPOSITE INDICATORS. THESE INITIATIVES ENABLE US TO METICULOUSLY EXAMINE THE INTERPLAY BETWEEN TECHNOLOGY, INNOVATION, AND HUMAN CAPITAL. LEVERAGING OUR SPECIALIZED EXPERTISE IN THESE DOMAINS, WE FORMULATE INSIGHTFUL POLICY ANALYSES AND CRAFT STRATEGIC RECOMMENDATIONS. OUR GOAL IS TO FOSTER INFORMED POLICYMAKING THAT CAN EFFECTIVELY CAPITALIZE ON THE OPPORTUNITIES PRESENTED BY TECHNOLOGICAL ADVANCEMENTS AND INNOVATION DYNAMICS. THESE EFFORTS ARE INSTRUMENTAL IN GUIDING STAKEHOLDERS AT VARIOUS LEVELS TO ACHIEVE ENHANCED ECONOMIC AND SOCIAL OUTCOMES.

    Expenses $105,329 · Revenue $4,000

  • ACADEMIC NETWORK - PORTULANS INSTITUTE CONVENES LEADING ACADEMICS FROM GLOBAL UNIVERSITIES FOR ADVANCING RESEARCH IN ISSUES OF INTEREST IN THE DOMAINS OF HUMAN CAPITAL, TECHNOLOGY STRATEGY, AND INNOVATION READINESS.

    Expenses $26,332

  • AFFILIATE NETWORK - PORTULANS INSTITUTE'S AFFILIATE PARTNERS NETWORK BRINGS TOGETHER GOVERNMENTAL, NON-GOVERNMENTAL ENTITIES AND CORPORATIONS TO FOSTER DIALOGUE AND ENCOURAGE ACTION ON KEY THEMES RELATED TO INNOVATION, TECHNOLOGY AND TALENT. THE FOCUS IS ON INCREASING THE COMPETITIVENESS AND FUTURE READINESS OF NATIONS, REGIONS, CITIES, AND CORPORATIONS.

    Expenses $13,166

  • SENIOR FELLOWS AND COMMUNITIES OF PRACTICE - COPS BRING TOGETHER EXPERTS FROM BOTH THE PUBLIC AND PRIVATE SECTORS, WHO ARE INVOLVED IN POLICY-MAKING, RESEARCH, OR DEVELOPMENT OF MARKET SOLUTIONS. EACH COP IS LED BY A SENIOR FELLOW. COPS DEVELOP CROSS-COMMUNITY KNOWLEDGE AND DIALOGUE ON HOW PEOPLE, TECHNOLOGY, AND INNOVATION CONTRIBUTE TO SUSTAINABLE AND INCLUSIVE GROWTH. EACH COP INDEPENDENTLY SETS ITS OWN STRATEGY TO ACHIEVE ITS AGREED OBJECTIVES. THE COPS' OUTPUTS MAY INCLUDE PUBLICATIONS, ROADMAPS OR SETS OF BEST PRACTICES, FOR EXAMPLE.

    Expenses $7,900

  • FELLOWS PROGRAM - PORTULANS INSTITUTE OFFERS OPPORTUNITIES FOR PH.D. STUDENTS AND YOUNG PROFESSIONALS TO WORK ON NOVEL RESEARCH RELATED TO HUMAN CAPITAL, TECHNOLOGY, AND INNOVATION POLICIES. WE ENCOURAGE APPLICATIONS FROM SCHOLARS, PRACTITIONERS, INNOVATORS, ENGINEERS, ARTISTS, AND OTHERS COMMITTED TO UNDERSTANDING AND ADVANCING THE INCLUSIVE AND SUSTAINABLE DEVELOPMENT OF NATIONS AND SOCIETIES.

    Expenses $5,266

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

Listed in Part VII

  • Soumitra Dutta

    PRESIDENT & TREASURER

    Total calculated
    $0
    Hours/week
    10
  • Gianna Sagazio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • William Dutton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8
  • Rafael Escalona Reynoso

    CEO & SECRETARY

    Total calculated
    $122,000
    From this org
    $122,000
    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
2023
Filed
14 May 2024
IRS schema version
2023v5.0
Source object
202401359349309195

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