The Economic Strategy Institute
- Assets
- $10.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/1990
- Data as of
- 08/2023
- EIN
- 52-1653484
Organization Overview
The Economic Strategy Institute is located in Washington, DC. The organization was established in 1990. 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. Economic Strategy 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 08/2023, Economic Strategy Institute generated $103.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $83.4k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO CONDUCT GENERAL RESEARCH ON ECONOMIC TOPICS OF INDUSTRIES RESULTING IN PUBLICATIONS AND VARIOUS FORMS OF COMMUNICATION TO EDUCATE THE PUBLIC AND RAISE AWARENESS OF ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clyde V Prestowitz Jr President/ceo | 40 | $0 | |
Patrick Mulloy Chairman | 2 | $0 | |
Ralph Gomory Treasurer | 2 | $0 | |
Glenn Fukushima Director | 2 | $0 | |
Dwight C Smith III Director | 2 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,391 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,391 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,000 |
| Professional fees and other payments to independent contractors | $71,586 |
| Occupancy, rent, utilities, and maintenance | $4,800 |
| Printing, publications, postage, and shipping | $344 |
| Other expenses | $4,628 |
| Total expenses | $83,358 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,867 |
| Other assets | $0 |
| Total assets | $10,867 |
| Total liabilities | $232,230 |
| Net assets or fund balances | -$221,363 |