The Roosevelt Institute
- Assets
- $37.5m
- Revenue
- $13.2m
- Investments
- $14.6m
- Employees
- 72
- Location
- New York, NY
- Founding
- 08/1972
- Data as of
- 12/2023
- EIN
- 23-7213592
Organization Overview
The Roosevelt Institute is located in New York, NY. The organization was established in 1972. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2023, Roosevelt Institute employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roosevelt Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Roosevelt Institute generated $13.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $12.0m during the year ending 12/2023. While expenses have increased by 10.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A NATION WHERE EVERYONE ENJOYS A FAIR SHARE OF OUR COLLECTIVE PROSPERITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THINK TANK: SEE SCHEDULE O.
THE ROOSEVELT SOCIETY: SEE SCHEDULE O.
NETWORK: SEE SCHEDULE O.
FDR LIBRARY: SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Roosevelt Chair | OfficerTrustee | 2 | $0 |
Darla Kashian Vice Chair/secretary | OfficerTrustee | 2 | $0 |
Dawn Smalls Treasurer | OfficerTrustee | 2 | $0 |
Sharon Block Board Member | Trustee | 2 | $0 |
Henry Hicks Board Member | Trustee | 2 | $0 |
Abdul El-Sayed Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jee Kim Dba New Gravity Llc Program Consultant For The Narrative Pro | 12/30/23 | $272,000 |
The Krehely Project Llc Strategic Planning, Communications Plann | 12/30/23 | $240,500 |
Deepak Bhargava Programmatic Support Including Research | 12/30/23 | $207,203 |
Rokk Solutions Llc Communication Strategy Consultant For Cr | 12/30/23 | $115,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $163,013 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,406,963 |
| Noncash contributions included in lines 1a–1f | $9,388 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,569,976 |
| Total Program Service Revenue | $0 |
| Investment income | $706,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $149,669 |
| Net Income from Fundraising Events | -$243,752 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,214,279 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $142,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,562,023 |
| Compensation of current officers, directors, key employees. | $535,959 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,851,395 |
| Pension plan accruals and contributions | $161,199 |
| Other employee benefits | $698,770 |
| Payroll taxes | $471,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,063 |
| Fees for services: Accounting | $53,757 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,748 |
| Fees for services: Other | $2,352,828 |
| Advertising and promotion | $14,231 |
| Office expenses | $81,132 |
| Information technology | $133,235 |
| Royalties | $0 |
| Occupancy | $564,721 |
| Travel | $217,175 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $120,898 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,004 |
| Insurance | $74,717 |
| All other expenses | $178,841 |
| Total functional expenses | $11,975,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,854,899 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,284,906 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $178,351 |
| Net Land, buildings, and equipment | $15,280 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $14,557,295 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $641,781 |
| Total assets | $37,532,512 |
| Accounts payable and accrued expenses | $528,729 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $302,403 |
| Total liabilities | $831,132 |
| Net assets without donor restrictions | $24,170,389 |
| Net assets with donor restrictions | $12,530,991 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $37,532,512 |
Grants Awarded
Over the last fiscal year, The Roosevelt Institute has awarded $2,721,579 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMALGAMATED CHARITABLE FOUNDATION INC PURPOSE: COMMUNITY POWER BUILDING FUND (FUND ID 21946) | $2,631,579 |
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK PURPOSE: 2022 GRANT FOR J. STIGLITZ POST DOC | $90,000 |