Civic Intelligence

Massachusetts Institute for Psychoanalysis(Mip) Inc

990 • Fiscal year 2020 • EIN 04-3022439

Sep 01, 2019 to Aug 31, 2020 • Filed on Oct 11, 2021

1330 Beacon Street Suite 265Brookline, MA 02446

(617) 469-2777

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

78th percentile

30%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$16,875

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

71st percentile

28%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

15%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$406,211

Up $89,008 (+28%) from 2019

Net Assets

Up

$406,211

Up $89,008 (+28%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$275,574

Up $34,991 (+15%) from 2019

Expenses

Up

$192,409

Up $20,225 (+12%) from 2019

Net Income

Up

$83,165

Up $14,766 (+22%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $243,221Liabilities 2010: $0Net Assets 2010: $243,2212010Assets 2011: $233,434Liabilities 2011: $0Net Assets 2011: $233,4342011Assets 2012: $241,219Liabilities 2012: $0Net Assets 2012: $241,2192012Assets 2013: $242,030Liabilities 2013: $0Net Assets 2013: $242,0302013Assets 2014: $234,779Liabilities 2014: $0Net Assets 2014: $234,7792014Assets 2015: $227,646Liabilities 2015: $0Net Assets 2015: $227,6462015Assets 2016: $220,478Liabilities 2016: $0Net Assets 2016: $220,4782016Assets 2017: $213,828Liabilities 2017: $0Net Assets 2017: $213,8282017Assets 2018: $246,625Liabilities 2018: $0Net Assets 2018: $246,6252018Assets 2019: $317,203Liabilities 2019: $0Net Assets 2019: $317,2032019Assets 2020: $406,211Liabilities 2020: $0Net Assets 2020: $406,2112020Assets 2021: $486,807Liabilities 2021: $0Net Assets 2021: $486,8072021Assets 2022: $422,094Liabilities 2022: $0Net Assets 2022: $422,0942022Assets 2023: $466,016Liabilities 2023: $0Net Assets 2023: $466,0162023Assets 2024: $442,632Liabilities 2024: $0Net Assets 2024: $442,6322024

Highlighted filing

2020

Assets$406,211
Liabilities$0
Net Assets$406,211

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $167,075Expenses 2010: $139,998Net Income 2010: $27,0772010Revenue 2011: $120,139Expenses 2011: $139,768Net Income 2011: -$19,6292011Revenue 2012: $165,403Expenses 2012: $159,600Net Income 2012: $5,8032012Revenue 2013: $159,707Expenses 2013: $158,703Net Income 2013: $1,0042013Revenue 2014: $145,304Expenses 2014: $157,971Net Income 2014: -$12,6672014Revenue 2015: $163,753Expenses 2015: $163,177Net Income 2015: $5762015Revenue 2016: $158,139Expenses 2016: $169,091Net Income 2016: -$10,9522016Revenue 2017: $157,112Expenses 2017: $167,597Net Income 2017: -$10,4852017Revenue 2018: $214,371Expenses 2018: $179,331Net Income 2018: $35,0402018Revenue 2019: $240,583Expenses 2019: $172,184Net Income 2019: $68,3992019Revenue 2020: $275,574Expenses 2020: $192,409Net Income 2020: $83,1652020Revenue 2021: $247,439Expenses 2021: $188,459Net Income 2021: $58,9802021Revenue 2022: $268,008Expenses 2022: $261,931Net Income 2022: $6,0772022Revenue 2023: $238,393Expenses 2023: $205,159Net Income 2023: $33,2342023Revenue 2024: $234,189Expenses 2024: $285,479Net Income 2024: -$51,2902024

Highlighted filing

2020

Revenue$275,574
Expenses$192,409
Net Income$83,165
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Oct 11, 2021
Return Version
2019v5.2
Gross Receipts
$275,574
Mission and Program Overview

Mission

To provide high quality training in a comparative approach to psychoanalysis to graduate clinicians in all the mental health fields as well as to academic scholars.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$251,273$332,966▲ $81,693
Savings and Temporary Cash Investments$54,562$54,989▲ $427
Cash and Non-Interest-Bearing Accounts$11,368$18,256▲ $6,888
Total Assets$317,203$406,211▲ $89,008
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$317,203$406,211▲ $89,008
Total Net Assets Fund Balance$317,203$406,211▲ $89,008
Total Liabilities and Net Assets / Fund Balance$317,203$406,211▲ $89,008

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$332,966--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John TylerOfficerFT$16,875$16,875

Board Members and Trustees

NameTitle
Deborah Dowd LicswPresident and Chair
Ann BitettiDirector
Anna StothartDirector
Elisheva DanDirector
Elizabeth CorptDirector
Jade McgleughlinDirector
Joyce KleinDirector
Keren PoratDirector
Linda GeldaDirector
Mary McdonaldDirector
Michael ReisonDirector
Sarah BradyDirector
Stuart Pizer Phd AbppDirector
Sara Emerson MswSecretary
Laurence S Chud MdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$107,830
Program Service Revenue
$156,467
Investment Income
$11,277
Other Revenue
$0
All Other Contributions
$107,830
Change in Net Assets
$83,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$110,305
Other Expenses$82,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$70,875--$70,875
Other Salaries and Wages$31,302--$31,302
Information Technology$6,640$6,640-$13,280
Occupancy$8,190$2,047-$10,237
Payroll Taxes$8,128--$8,128
Advertising$880$220-$1,100
Fees for Services Other$526--$526
Other Expenses$8,311$70-$70
Total Functional Expenses$175,121$17,288$0$192,409
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed and approved by the president and board of directors before it is filed.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed and signed annually by each director and officer of the organization.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Massachusetts Institute for
EIN
04-3022439
Phone
6174692777
Address
1330 BEACON STREET SUITE 265, BROOKLINE, MA 02446

Signing Officer

Name
John Tyler
Title
Executive Director
Phone
6174692777
Signed
2021-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Dowd
Formed
1988
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
0

Preparer

Firm
Samet & Company Pc
Address
1330 BOYLSTON STREET, CHESTNUT HILL, MA 02467-2111
Preparer
John J Czyzewski CPA
Phone
6177311222
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting standards clarify the accounting and recognition of income tax positions taken or expected to be taken in the institute's income tax returns. The institute has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The institute believes that income tax positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the institute's financial condition, results of operations or cash flows. If the institute incurs interest or penalties as a result of unrecognized tax positions, the policy is to classify interest with interest expense and penalties thereon with general and administrative expenses. The institute is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt083054
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt173413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt083054
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt173413
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt086178
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09368
IRS990/PYOtherExpensesAmt091285
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0145037
IRS990/PYRevenuesLessExpensesAmt068399
IRS990/PYSalariesCompEmpBnftPaidAmt080899
IRS990/PYTotalExpensesAmt0172184
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0240583
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt083165
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0156467
IRS990/SavingsAndTempCashInvstGrp/BOYAmt054562
IRS990/SavingsAndTempCashInvstGrp/EOYAmt054989
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0332966
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FIDELITY INVESTMENT ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING STANDARDS CLARIFY THE ACCOUNTING AND RECOGNITION OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE INSTITUTE'S INCOME TAX RETURNS. THE INSTITUTE HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE INSTITUTE BELIEVES THAT INCOME TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE INSTITUTE'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. IF THE INSTITUTE INCURS INTEREST OR PENALTIES AS A RESULT OF UNRECOGNIZED TAX POSITIONS, THE POLICY IS TO CLASSIFY INTEREST WITH INTEREST EXPENSE AND PENALTIES THEREON WITH GENERAL AND ADMINISTRATIVE EXPENSES. THE INSTITUTE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0332966
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMATORY POLICY IS PUBLISHED IN ALL PUBLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED AND APPROVED BY THE PRESIDENT AND BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED ANNUALLY BY EACH DIRECTOR AND OFFICER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0317203
IRS990/TotalAssetsEOYAmt0406211
IRS990/TotalAssetsGrp/BOYAmt0317203
IRS990/TotalAssetsGrp/EOYAmt0406211
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0107830
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017288
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0175121
IRS990/TotalFunctionalExpensesGrp/TotalAmt0192409
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0317203
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0406211
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0175121
IRS990/TotalProgramServiceRevenueAmt0156467
IRS990/TotalReportableCompFromOrgAmt016875
IRS990/TotalRevenueGrp/ExclusionAmt011277
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0156467
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0275574
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0317203
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0406211
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01330 BEACON STREET SUITE 265
IRS990/USAddress/CityNm0BROOKLINE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002446
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.MIPSA.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN TYLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06174692777
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASSACHUSETTS INSTITUTE FOR

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.43$0.00$4.43$2.34$2.85$0.51
2023Detailed filing. Detailed filing data is available for this year.$4.66$0.00$4.66$2.38$2.05$0.33
2022Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$2.68$2.62$0.06
2021Detailed filing. Detailed filing data is available for this year.$4.87$0.00$4.87$2.47$1.88$0.59
2020Detailed filing. Detailed filing data is available for this year.$4.06$0.00$4.06$2.76$1.92$0.83
2019Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$2.41$1.72$0.68
2018Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$2.14$1.79$0.35
2017Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$1.57$1.68$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$1.58$1.69$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$1.64$1.63$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$1.45$1.58$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.00$2.42$1.60$1.59$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.00$2.41$1.65$1.60$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.00$2.33$1.20$1.40$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.00$2.43$1.67$1.40$0.27