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← CALIFORNIA BUDGET & POLICY CENTER

Form 990 for tax year 2023

Filed by CALIFORNIA BUDGET & POLICY CENTER.

Totals

Total revenue
$6,655,540
Total expenses
$3,395,252
Contributions and grants received
$6,451,510
Grants paid
$164,000
Program service revenue
$118,527
Investment income
$99,336
Other revenue
-$13,833
Total assets, end of year
$9,764,779
Total liabilities, end of year
$661,396
Net assets or fund balances, end of year
$9,103,383
Program services expenses (Part IX)
$3,112,895
Management and general expenses
$263,127
Fundraising expenses
$19,230
Program service expenses (Part III)
$3,112,895

Program services were 91.7% 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)

    $150,000

  • 1f · All other contributions, gifts and grants

    $6,301,510

  • 2a · Program service revenue: CONFERENCES

    total $61,611 · related or exempt $61,611

  • 2b · Program service revenue: QUALIFIED SPONSORSHIP

    total $55,000 · excluded $55,000

  • 2c · Program service revenue: PUBLICATIONS AND SUBSC

    total $1,916 · related or exempt $1,916

  • 3 · Investment income

    total $99,336 · excluded $99,336

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $13,833

  • 8c · Net income from fundraising events

    total -$13,833 · excluded -$13,833

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $164,000 · program services $164,000

  • 5 · Compensation of officers, directors and key employees

    total $276,361 · program services $264,063 · management and general $10,364 · fundraising $1,934

  • 7 · Other salaries and wages

    total $1,689,637 · program services $1,614,448 · management and general $63,362 · fundraising $11,827

  • 8 · Pension plan contributions

    total $138,504 · program services $132,340 · management and general $5,194 · fundraising $970

  • 9 · Other employee benefits

    total $180,778 · program services $172,734 · management and general $6,779 · fundraising $1,265

  • 10 · Payroll taxes

    total $169,178 · program services $161,650 · management and general $6,344 · fundraising $1,184

  • 11b · Fees: legal

    total $4,100 · program services $3,946 · management and general $154

  • 11f · Fees: investment management

    total $50 · management and general $50

  • 11g · Fees: other

    total $152,880 · program services $8,619 · management and general $144,261

  • 13 · Office expenses

    total $26,813 · program services $25,801 · management and general $1,006 · fundraising $6

  • 14 · Information technology

    total $3,588 · management and general $3,588

  • 16 · Occupancy

    total $131,864 · program services $126,919 · management and general $4,945

  • 17 · Travel

    total $28,521 · program services $27,451 · management and general $1,070

  • 19 · Conferences, conventions and meetings

    total $188,430 · program services $181,364 · management and general $7,066

  • 22 · Depreciation, depletion and amortization

    total $31,123 · program services $29,956 · management and general $1,167

  • 23 · Insurance

    total $6,358 · program services $6,120 · management and general $238

  • 24a · Other expenses: STAFF DEVELOPMENT

    total $84,698 · program services $81,522 · management and general $3,176

  • 24b · Other expenses: MISCELLANEOUS

    total $56,634 · program services $54,511 · management and general $2,123

  • 24c · Other expenses: PUBLICATIONS

    total $40,887 · program services $39,354 · management and general $1,533

  • 24d · Other expenses: WORKERS COMPENSATION

    total $9,949 · program services $9,506 · management and general $373 · fundraising $70

  • 24e · All other expenses

    total $10,899 · program services $8,591 · management and general $334 · fundraising $1,974

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,261,194 · end of year $1,143,352

  • 2 · Savings and temporary cash investments

    beginning of year $2,952,256 · end of year $6,600,512

  • 3 · Pledges and grants receivable

    beginning of year $1,783,675 · end of year $1,579,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $89,119 · end of year $71,556

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

    $188,718

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

    $111,676

  • 10c · Land, buildings and equipment, net

    beginning of year $108,165 · end of year $77,042

  • 15 · Other assets

    beginning of year $4,649 · end of year $293,317

  • 17 · Accounts payable and accrued expenses

    beginning of year $402,765 · end of year $363,770

  • 19 · Deferred revenue

    beginning of year $10,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $297,626

  • 27 · Net assets without donor restrictions

    beginning of year $2,431,053 · end of year $2,983,906

  • 28 · Net assets with donor restrictions

    beginning of year $3,355,240 · end of year $6,119,477

Mission and programs · 2023

Mission

THE CALIFORNIA BUDGET & POLICY CENTER WORKS TO ADVANCE PUBLIC POLICIES THAT IMPROVE THE LIVES OF CALIFORNIANS WHO ARE DENIED OPPORTUNITIES TO SHARE IN THE STATE'S WEALTH AND DESERVE THE DIGNITY AND SUPPORT TO LEAD THRIVING LIVES IN OUR COMMUNITIES. WE WORK TOWARD THIS GOAL BY PROVIDING DEPENDABLE, TIMELY, POLICY GUIDANCE AND SOLUTIONS THROUGH OUR INDEPENDENT RESEARCH AND ANALYSIS, AND ENGAGING IN STRATEGIC COLLABORATIONS AND COMMUNICATIONS TO EXPAND EQUITABLE ECONOMIC OPPORTUNITIES AND PROMOTE WELL-BEING FOR ALL CALIFORNIANS.

Activities or mission (Part I)

THE CALIFORNIA BUDGET & POLICY CENTER (BUDGET CENTER) IS A NONPARTISAN, RESEARCH AND ANALYSIS NONPROFIT COMMITTED TO ADVANCING PUBLIC POLICIES THAT IMPROVE THE LIVES OF CALIFORNIANS WHO ARE DENIED OPPORTUNITIES TO SHARE IN THE STATE'S WEALTH AND DESERVE THE DIGNITY AND SUPPORT TO LEAD THRIVING LIVES IN OUR COMMUNITIES.WE HIGHLIGHT INEQUITIES IN OUR STATE - SPECIFICALLY IN BUDGET CHOICES AND PUBLIC POLICIES AFFECTING LOW AND MIDDLE INCOME HOUSEHOLDS, WOMEN, IMMIGRANTS, AMERICAN INDIANS, ASIAN, BLACK, LATINX, AND PACIFIC ISLANDER CALIFORNIANS, AS WELL AS OTHER CALIFORNIANS OF COLOR, PEOPLE WITH DISABILITIES, AND LGBTQ+ CALIFORNIANS - AND IDENTIFY POLICY PATHWAYS THAT EXPAND ECONOMIC OPPORTUNITIES AND PROMOTE WELL-BEING FOR ALL CALIFORNIANS.

  • THE BUDGET CENTER DISTRIBUTES RESEARCH AND ANALYSIS BY PRODUCING BOTH LONG- AND SHORT-FORM PUBLICATIONS. THE BUDGET CENTER PRODUCED 42 ANALYSES IN 2023 TO ADVANCE PUBLIC POLICIES TO CREATE A MORE EQUITABLE CALIFORNIA THAT WERE PUBLISHED ON OUR WEBSITE AND DISTRIBUTED TO OUR EMAIL SUBSCRIBER LIST WHICH AVERAGED 8,770 SUBSCRIBERS. OUR WEBSITE HAD A TOTAL OF 228,000 VISITORS. THE BUDGET CENTER IS A TRUSTED SOURCE OF RELIABLE INFORMATION FOR THE MEDIA, FEATURED IN 200 UNIQUE ARTICLES AND 106 BROADCAST SPOTS IN 2023. WE ALSO DISTRIBUTE OUR PUBLICATIONS THROUGH SOCIAL MEDIA, ESPECIALLY TWITTER, WHERE WE MAINTAINED AN AVERAGE OF 10,000 FOLLOWERS AND HAD AN AVERAGE OF 24,790 IMPRESSIONS PER MONTH.

    Revenue $1,916

  • THE BUDGET CENTER ALSO MAINTAINS RELATIONSHIPS WITH ADVOCACY PARTNERS ACROSS THE STATE BY PARTICIPATING IN SPEAKING ENGAGEMENTS, SERVING ON BOARDS AND COMMITTEES, AND PROVIDING TECHNICAL ASSISTANCE. OUR STAFF SERVED ON 33-37 BOARDS OR COMMITTEES AT ANY GIVEN TIME THROUGHOUT THE YEAR, PARTICIPATED IN 83 SPEAKING ENGAGEMENTS, AND FULFILLED 189 TECHNICAL ASSISTANCE REQUESTS FROM STATE AND LOCAL ADVOCATES AND POLICYMAKERS AND THEIR STAFF. THESE PARTNERSHIPS HELP MAXIMIZE OUR IMPACT TO CREATE MORE EQUITABLE POLICY FOR ALL CALIFORNIANS.THE BUDGET CENTER HOSTED NINE VIRTUAL EVENTS IN 2023 WITH 3,790 REGISTRANTS AND ONE IN PERSON EVENT WITH 322 REGISTRANTS.

    Expenses $3,112,895 · Revenue $61,611

  • THE BUDGET CENTER ALSO SERVES AS A PARTNER AND CO-HOST IN THE BUDGET POWER PROJECT, A PARTNERSHIP WITH CATALYST CALIFORNIA AND THE MILLION VOTERS PROJECT TO BUILD LOCAL AND STATE BUDGET ADVOCACY CAPACITY TO ENSURE EQUITABLE OUTCOMES FOR LOCAL BUDGET DECISIONS THROUGH EDUCATION, TRAINING, TECHNICAL ASSISTANCE, CAPACITY BUILDING, AND PEER LEARNING.

    Grants $164,000

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

Listed in Part VII

  • Veronica Carrizales

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Shimica Gaskins

    VICE-CHAIR/SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Emily Gordon

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Chris Benner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Cathy Cha

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Crystal Crawford

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Natalie Foster

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Tim Gage

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Tracy Gordon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Ruth Holton-Hodson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Hilary Hoynes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • John Kim

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Tia Orr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Tubbs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Anthony E Wright

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Christopher Hoene

    EXECUTIVE DIRECTOR

    Total calculated
    $276,361
    From this org
    $231,422
    From related orgs
    $0
    Other
    $44,939
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,422
    Bonus
    $0
    Other
    $0
    Deferred
    $23,589
    Nontaxable benefits
    $21,350
    Filer's total
    $276,361

  • Scott Graves

    DIRECTOR OF RESEARCH

    Total calculated
    $230,822
    From this org
    $183,250
    From related orgs
    $0
    Other
    $47,572
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,250
    Bonus
    $0
    Other
    $0
    Deferred
    $18,501
    Nontaxable benefits
    $29,071
    Filer's total
    $230,822

  • Janice Selby

    DIRECTOR OF OPERATIONS

    Total calculated
    $187,043
    From this org
    $155,398
    From related orgs
    $0
    Other
    $31,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,398
    Bonus
    $0
    Other
    $0
    Deferred
    $15,626
    Nontaxable benefits
    $16,019
    Filer's total
    $187,043

  • Jonathan Kaplan

    SENIOR POLICY ANALYST

    Total calculated
    $180,976
    From this org
    $140,370
    From related orgs
    $0
    Other
    $40,606
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,370
    Bonus
    $0
    Other
    $0
    Deferred
    $14,523
    Nontaxable benefits
    $26,083
    Filer's total
    $180,976

  • Alissa Anderson

    SENIOR POLICY ANALYST

    Total calculated
    $180,512
    From this org
    $164,091
    From related orgs
    $0
    Other
    $16,421
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,091
    Bonus
    $0
    Other
    $0
    Deferred
    $16,409
    Nontaxable benefits
    $12
    Filer's total
    $180,512

  • Maurcio Torres

    DIRECTOR OF COMMUNICATIONS

    Total calculated
    $149,498
    From this org
    $134,317
    From related orgs
    $0
    Other
    $15,181
    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

  • 2 · Substantiation required before reimbursing expenses
  • 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

  • CALIFORNIA CALLS EDUCATION FUND

    $128,000

    PURPOSE OF GRANT WAS TO SUPPORT THE DEVELOPMENT OF A STATEWIDE BUDGET EQUITY NARRATIVE FRAMEWORK (BUDGET POWER PROJECT).

  • CATALYST CALIFORNIA

    $36,000

    PURPOSE OF GRANT WAS TO SUPPORT THE DEVELOPMENT OF A STATEWIDE BUDGET EQUITY NARRATIVE FRAMEWORK (BUDGET POWER PROJECT).

Provenance

Return type
form_990
Tax year
2023
Filed
18 September 2024
IRS schema version
2023v5.1
Source object
202402689349301830

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