Interaction Institute
- Assets
- $4.6m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 53
- Location
- Boston, MA
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 94-2928341
Organization Overview
Interaction Institute, operating under the name Interaction Institute For Social Change, is located in Boston, MA. The organization was established in 1984. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2021, Interaction Institute For Social Change employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interaction Institute For Social Change 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, Interaction Institute For Social Change generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. 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
SEE PART III.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND FACILITATIVE SERVICES FOR COMMUNITY LEADERS AND NON-PROFITS COMMITTED TO SOCIAL JUSTICE AND CIVIC REPONSIBILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Savage Director Of Operations | OfficerTrustee | 40 | $165,027 |
Kelly Bates President | Officer | 40 | $142,008 |
Curtis Ogden Senior Associate | 40 | $120,805 | |
Cynthia Parker Senior Associate | 40 | $120,322 | |
Miriam Messinger Director Of Practice | Officer | 40 | $114,084 |
Baindu Conte-Harvey Director Of Finance | Officer | 40 | $101,490 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $491,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,301,402 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,792,779 |
| Total Program Service Revenue | $1,940,404 |
| Investment income | $228 |
| 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 | $4,733,561 |
| 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. | $634,880 |
| Compensation of current officers, directors, key employees. | $455,252 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,193,316 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $186,367 |
| Payroll taxes | $142,083 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $74,678 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $201,301 |
| Advertising and promotion | $1,424 |
| Office expenses | $4,421 |
| Information technology | $63,485 |
| Royalties | $0 |
| Occupancy | $58,134 |
| Travel | $1,686 |
| 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 | $8,115 |
| All other expenses | $4,871 |
| Total functional expenses | $2,639,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,303,829 |
| Savings and temporary cash investments | $160,207 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $126,310 |
| 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 | $32,908 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,773 |
| Total assets | $4,627,027 |
| Accounts payable and accrued expenses | $149,753 |
| Grants payable | $0 |
| Deferred revenue | $677,083 |
| 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 | $826,836 |
| Net assets without donor restrictions | $3,800,191 |
| Net assets with donor restrictions | $0 |
| 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 | $4,627,027 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Interaction Institute has recieved totaling $626,000.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT AND CORE SUPPORT TO BUILD THE CAPACITY OF THE GOOD NEIGHBOR COMMITTEE GRANTEES TO ADVANCE RACIAL JUSTICE | $275,000 |
Kresge Foundation Troy, MI PURPOSE: TO PROVIDE A LEARNING SERIES TO 12 KRESGE GRANTEES WORKING TO OPERATIONALIZE EQUITY THROUGHOUT THEIR ORGANIZATIONS. THIS IS ONE OF SEVEN GRANTS ON THIS DOCKET TO ORGANIZATIONS ACTING AS SERVICE PROVIDERS IN THE THIRD ROUND OF THE FUELING URBAN EQUITABLE LEADERSHIP PROGRAM. | $160,000 |
Kresge Foundation Troy, MI PURPOSE: TO PROVIDE A LEARNING SERIES TO 12 KRESGE GRANTEES WORKING TO OPERATIONALIZE EQUITY THROUGHOUT THEIR ORGANIZATIONS. THIS IS ONE OF SEVEN GRANTS ON THIS DOCKET TO ORGANIZATIONS ACTING AS SERVICE PROVIDERS IN THE THIRD ROUND OF THE FUELING URBAN EQUITABLE LEADERSHIP PROGRAM. | $115,000 |
Borealis Philanthropy Minneapolis, MN PURPOSE: TO SUPPORT THE WORK OF INTERACTION INSTITUTE FOR SOCIAL CHANGE | $76,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Rhode Island Research Foundation Kingston, RI | $7,209,460 | $8,986,945 |
Public Archaeology Laboratory Inc Pawtucket, RI | $13,550,975 | $5,708,480 |
William & Mary Greve Foundation Inc Norfolk, CT | $26,806,956 | $4,445,583 |
American Vacuum Society Incorporated New York, NY | $15,639,477 | $3,580,323 |
Art Science Research Laboratory Inc New York, NY | $240,453 | $3,090,633 |
Interaction Institute Boston, MA | $4,627,027 | $4,733,561 |
New York Wine Grape Foundation Penn Yan, NY | $1,037,774 | $2,662,535 |
Fragrance Foundation Inc New York, NY | $4,383,743 | $2,574,957 |
Policy Research Inc Delmar, NY | $614,854 | $1,916,396 |
The Solar Foundation Albany, NY | $0 | $1,336,664 |
Research Institute For Learning And Development Lexington, MA | $900,600 | $1,374,678 |
New York State Association For Latham, NY | $359,200 | $986,634 |