State Tax Research Institute is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. State Tax Research 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 12/2021, State Tax Research Institute generated $184.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $61.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT RESEARCH, ISSUE REPORTS, AND PROVIDE EDUCATION ON A WIDE RANGE OF STATE AND LOCAL FINANCE AND TAXATION ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTING RESEARCH, ISSUING ANALYTICAL REPORTS, AND PROVIDING EDUCATION ON A WIDE RANGE OF STATE AND LOCAL FINANCE AND TAXATION ISSUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas L Lindholm Director/president | OfficerTrustee | 1 | $0 |
Charles W Drury Jr Treasurer | OfficerTrustee | 1 | $0 |
Karl A Frieden Secretary | OfficerTrustee | 1 | $0 |
Robert J Tuinstra Jr Chair | OfficerTrustee | 1 | $0 |
Arthur J Parham Jr Director | Trustee | 1 | $0 |
Amy Thomas Laub Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $184,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $184,500 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $184,500 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $51,850 |
Advertising and promotion | $0 |
Office expenses | $6,240 |
Information technology | $315 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $280 |
Total functional expenses | $61,085 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $510,835 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $125,000 |
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 | $138 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $635,973 |
Accounts payable and accrued expenses | $114 |
Grants payable | $0 |
Deferred revenue | $1,500 |
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 | $0 |
Total liabilities | $1,614 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $634,359 |
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 | $635,973 |
Organization Name | Assets | Revenue |
---|---|---|
Washington Center For Equitable Growth Inc Washington, DC | $11,979,868 | $8,578,592 |
The Economic Club Of Washington Dc Washington, DC | $12,647,182 | $5,525,813 |
Better Markets Inc Washington, DC | $2,865,112 | $2,225,155 |
Partnership For A New American Economy Research Fund Inc Washington, DC | $0 | $2,102,379 |
The Institute For Financial Markets Washington, DC | $6,341,875 | $527,039 |
Virginia Council On Economic Education Richmond, VA | $1,591,140 | $909,613 |
Maryland Center On Economic Policy Inc Baltimore, MD | $515,217 | $676,248 |
International Freedom Educational Foundation Mc Lean, VA | $100,274 | $526,748 |
Council On Economic Education In Maryland Towson, MD | $797,975 | $596,282 |
Project Invest Alexandria, VA | $643,258 | $522,186 |
Your Economic Success Harrisonburg, VA | $1,566,845 | $178,380 |
The Economic Strategy Institute Washington, DC | $6,233 | $310,741 |