Civic Intelligence

The American Assembly

990 • Fiscal year 2017 • EIN 13-6160846

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

475 Riverside DriveNew York, NY 10115

(212) 870-3500

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

6th percentile

0.01x

Higher debt load relative to revenue than 6% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$255,036

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

52%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$27,256,813

Up $2,664,461 (+11%) from 2016

Net Assets

Up

$27,204,270

Up $2,661,968 (+11%) from 2016

Liabilities

Up

$52,543

Up $2,493 (+5.0%) from 2016

Revenue

Up

$3,965,063

Up $1,363,136 (+52%) from 2016

Expenses

Up

$1,572,279

Up $228,109 (+17%) from 2016

Net Income

Up

$2,392,784

Up $1,135,027 (+90%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $21,919,573Liabilities 2011: $127,624Net Assets 2011: $21,791,9492011Assets 2012: $21,408,561Liabilities 2012: $41,096Net Assets 2012: $21,367,4652012Assets 2013: $22,513,429Liabilities 2013: $43,199Net Assets 2013: $22,470,2302013Assets 2014: $24,998,043Liabilities 2014: $73,900Net Assets 2014: $24,924,1432014Assets 2015: $26,188,527Liabilities 2015: $38,419Net Assets 2015: $26,150,1082015Assets 2016: $24,592,352Liabilities 2016: $50,050Net Assets 2016: $24,542,3022016Assets 2017: $27,256,813Liabilities 2017: $52,543Net Assets 2017: $27,204,2702017Assets 2018: $26,891,520Liabilities 2018: $99,532Net Assets 2018: $26,791,9882018Assets 2019: $26,683,677Liabilities 2019: $33,877Net Assets 2019: $26,649,8002019Assets 2020: $27,391,919Liabilities 2020: $32,877Net Assets 2020: $27,359,0422020

Highlighted filing

2017

Assets$27,256,813
Liabilities$52,543
Net Assets$27,204,270

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,104,5702011Revenue 2012: $1,587,293Expenses 2012: $1,162,609Net Income 2012: $424,6842012Revenue 2013: $1,340,192Expenses 2013: $1,394,077Net Income 2013: -$53,8852013Revenue 2014: $3,167,836Expenses 2014: $1,466,240Net Income 2014: $1,701,5962014Revenue 2015: $3,501,347Expenses 2015: $1,282,496Net Income 2015: $2,218,8512015Revenue 2016: $2,601,927Expenses 2016: $1,344,170Net Income 2016: $1,257,7572016Revenue 2017: $3,965,063Expenses 2017: $1,572,279Net Income 2017: $2,392,7842017Revenue 2018: $2,787,429Expenses 2018: $2,269,746Net Income 2018: $517,6832018Revenue 2019: $2,795,301Expenses 2019: $2,937,489Net Income 2019: -$142,1882019Revenue 2020: $3,217,603Expenses 2020: $1,231,705Net Income 2020: $1,985,8982020

Highlighted filing

2017

Revenue$3,965,063
Expenses$1,572,279
Net Income$2,392,784
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$3,965,063
Mission and Program Overview

Mission

A NATIONAL NON PARTISAN

A national non partisan public policy forum to illuminate issues of public policy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$20,518,309$22,321,549▲ $1,803,240
Investments in Publicly Traded Securities$1,069,134$3,074,711▲ $2,005,577
Savings and Temporary Cash Investments$2,954,301$1,339,964▼ $1,614,337
Pledges and Grants Receivable$50,000$501,088▲ $451,088
Accounts Receivable-$19,298-
Land, Buildings, and Equipment, Net$608$203▼ $405
Total Assets$24,592,352$27,256,813▲ $2,664,461
Liabilities
Accounts Payable and Accrued Expenses$50,050$52,543▲ $2,493
Total Liabilities$50,050$52,543▲ $2,493
Net Assets / Fund Balance
Temporarily Rstr Net Assets$18,453,237$21,136,551▲ $2,683,314
Permanently Rstr Net Assets$4,238,920$4,258,920▲ $20,000
Unrestricted Net Assets$1,850,145$1,808,799▼ $41,346
Total Net Assets Fund Balance$24,542,302$27,204,270▲ $2,661,968
Total Liabilities and Net Assets / Fund Balance$24,592,352$27,256,813▲ $2,664,461

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$31,213$31,213
Equipment-$29,776$29,776
Other Land Buildings$203$17,847$18,050
Other Securities$22,321,549--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$22,325,452$20,000▲ $1,842,639-$24,188,091
2015$24,070,296$115,000▼ $1,859,844-$22,325,452
2014$22,960,213$10,000▲ $1,100,083-$24,070,296
2013$20,706,955$130,000▲ $2,123,258-$22,960,213
2012$19,310,535$80,000▲ $1,316,420-$20,706,955
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David H MortimerPresident & TrusteeFT$216,563$38,473$255,036
David H Mortimer--$216,563-$216,563
Joseph J KaraganisVice PresidentFT$138,354$19,363$157,717
Joseph J Karaganis--$138,354-$138,354
Karla GarciaCFOFT$82,225$18,773$100,998

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Systema Development LLCGeneral Research3539 BETHOVEN STREET, Pitssburgh, PA 15213$116,119
Revenue and Support

Revenue Composition

Contributions and Grants
$1,314,249
Program Service Revenue
$24,604
Investment Income
$2,625,649
Other Revenue
$561
All Other Contributions
$1,314,249
Change in Net Assets
$2,392,784

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,965,063
Revenue Not Reported on Form 990
$269,184
Total Revenue per Audited Statements
$4,234,247
Total Revenue per Form 990
$3,965,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$893,410
Other Expenses$636,894
Total Fundraising Expense$96,110
Grants and Similar Amounts Paid$41,975
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$357,328$134,742$96,110$588,180
Fees for Services Other$374,295$61,663$0$435,958
Other Salaries and Wages$246,798$0$0$246,798
Occupancy$25,318$49,216$0$74,534
Other Employee Benefits$58,432$0$0$58,432
Grants to Domestic Orgs$41,975--$41,975
Travel$30,151$6,940$0$37,091
Office Expenses$5,862$15,912$0$21,774
Conferences and Meetings$14,720$6,693$0$21,413
Insurance$0$4,745$0$4,745
Other Expenses$0$2,500$0$2,500
Fees for Services Accounting$0$942$0$942
Depreciation Depletion$0$405$0$405
Total Functional Expenses$1,185,281$290,888$96,110$1,572,279

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,572,279
Total Expenses per Audited Statements$1,572,279
Total Expenses per Form 990$1,572,279
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Engine Room IncNew York, NY501(c)(3)Co Sponsor Grant$24,975
The Earth Institute Columbia UniversityNew York, NY501(c)(3)Co Sponsor Grant$15,000
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
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
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
Filing and Contact Details

Filer

Filer Name
The American Assembly
EIN
13-6160846
Phone
2128703500
Address
475 RIVERSIDE DRIVE, NEW YORK, NY 10115

Signing Officer

Name
David H Mortimer
Title
President
Phone
2128703500
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David H Mortimer
Formed
1950
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
West Ii & Company Llp
Address
56 PALMER ROAD, YONKERS, NY 10701-5817
Preparer
James F West Ii
Phone
9149680053
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

The organization does not have committees with authority to act on behalf of the governing body.

Pt VI, Line 11B

Review process for form 990. A copy of the final form 990 was made available to the members of the board of trustees prior to filing.

Pt VI, Line 12C

Conflict of interest policy. The conflict of interest policy was reviewed and approved by its board of trustees.a conflict of interest disclosure form is mailed to and completed by officers and trustees on an annual basis. Completed forms will be reviewed by senior staff to monitor and enforce compliance with the conflict of interest policy.

Pt VI, Line 15A

COMPENSATION POLICY

Pt VI, Line 15B

All compensation is paid directly by the trustees of columbia university in the city of new york ("columbia university"), an unrelated organization, as defined by the irs. The american assembly, an institution founded at the university in 1950 and an affiliate, reimburses columbia university for such compensation amounts.

Pt VI, Line 19

Documents are available for public inspection. Financial statements are mailed upon request.

Financial Statement Notes

Pt X, Line 2

The Assembly is a not-for-profit organization exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and has been designated as an organization which is not a private foundation. Management believes that it has appropriate support for any tax positions taken and does not have any uncertain tax positions that are material to the financial statements. The Assembly's tax returns are generally subject to examination by taxing authorities for a period of three years from the date of filing.

Pt V, Line 4

Intended use of Organization's endowment funds. Endowment assets include those assets of donor-restricted funds that the Assembly must hold in perpetuity or for a donor-specified period(s) as well as board-designated funds. As an affiliate of the University, the Assembly participates in the University's Pooled Investment Fund, in accordance with the investment policies of the University, as approved by the Board of Trustees, the endowment assets are invested in a manner that is intended to produce performance which exceeds that of relevant indices for each asset class while assuming a moderate level of investment risk.

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IRS990/Desc0THE OPEN SYLLABUS PROJECT THE OSP WORKED TOWARD THE LAUNCH OF THE NEXT VERSION OF THE SYLLABUS EXPLORER. MUCH OF THIS WORK INVOLVED THE BUILDING OF A MUCH LARGER SYLLABUS COLLECTION, MORE AND BETTER METADATA (E.G., CITATIONS, DATES, FIELDS, AND LOCATIONS IDENTIFIED IN THE DOCUMENTS), AND MORE SOPHISTICATED PUBLIC-FACING TOOLS FOR ANALYZING THE CORPUS. WE ALSO MADE (SLOW) PROGRESS ON THE DEVELOPMENT OF THE SYLLABUS COMMONS, WHICH MAY BECOME A CONSORTIAL FRAMEWORK FOR THE PROJECT. SYLLABUS COMMONS CONVERSATIONS WERE STARTED WITH NINE UNIVERSITIES. THE GLOBAL CONGRESS ON INTELLECTUAL PROPERTY AND THE PUBLIC INTEREST THE ASSEMBLY PARTNERED WITH CREATE, A MULTI-CAMPUS RESEARCH PROGRAM ON THE FUTURE OF THE CREATIVE ECONOMY IN THE UK, ON A 2 MILLION GRANT PROPOSAL TO THE UK ARTS AND HUMANITIES RESEARCH COUNCIL. THE GRANT WAS INTENDED TO FUND THE NEXT SEVERAL GLOBAL CONGRESSES IN 2017, 2019, AND 2020. THIS APPLICATION DID NOT WORK OUT. THE ASSEMBLY'S SHADOW LIBRARIES: ACCESS TO EDUCATION IN THE DIGITAL AGE VOLUME WAS ACCEPTED FOR PUBLICATION BY MIT PRESS. IT WAS RELEASED UNDER A CREATIVE COMMONS LICENSE IN THE THIRD QUARTER OF 2018. MIDDLE NEIGHBORHOODS (LEGACY CITIES) THE PUBLICATION OF ON THE EDGE: AMERICA'S MIDDLE NEIGHBORHOODS, EDITED BY PAUL C. BROPHY AND COMMISSIONED IN PARTNERSHIP WITH THE FEDERAL RESERVE BANK OF SAN FRANCISCO RECEIVED A FULL ROLL-OUT WITH THE INTENTION OF PLACING MIDDLE NEIGHBORHOODS ON THE NATIONAL CITIES AGENDA. BOOK EVENTS AND PANELS TOOK PLACE IN LANSING, SAN FRANCISCO, CHICAGO, NEW ORLEANS, NEW YORK, ST. LOUIS, PHILADELPHIA, AND ARLINGTON. IN WASHINGTON, DC, THE URBAN INSTITUTE HAS AND THE BROOKINGS INSTITUTION HOSTED EVENTS IN THEIR OFFICES. THERE WAS A CONGRESSIONAL BRIEFING IN MAY 2017 HOSTED BY CONGRESSMEN DWIGHT EVANS AND DANIEL KILDEE THAT LED TO COMMITMENTS FROM THEIR OFFICES TO FURTHER ENGAGEMENT THAT SUPPORTS MIDDLE NEIGHBORHOODS. THE ASSEMBLY ENGAGED MEDIA ORGANIZATION NEXT CITY TO DEVELOP A SERIES OF ARTICLES THAT SHARE PERSPECTIVES FROM ON THE EDGE IN WITH A WIDER PUBLIC.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT & TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO
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IRS990/OtherExpensesGrp/Desc0PRINTING & PUBLICATIONS
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IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL & MAINTENANCE
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IRS990/RoyaltiesRevenueGrp/ExclusionAmt0561
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt02954301
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01339964
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt010% - FACTS-AND-CIRCUMSTANCES TEST. THE AMERICAN ASSEMBLY PROVIDES SERVICES DIRECTLY FOT THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS. AS A NATIONAL, NON-PARTISAN PUBLIC AFFAIRS FORUM, ITS REPORTS AND OTHER PUBLICATIONS ARE USED BY GOVERNMENT AND COMMUNITY, BY CIVIC LEADERS AND PUBLIC OFFICIALS. THE AMERICAN ASSEMBLY HAS A GOVERNING BODY REPRESENTED BY MEMBERS OF THE GENERAL PUBLIC. IT HAS A BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY TO SUPPORT ITS MISSION OF ILLUMINATING ISSUES OF PUBLIC POLICY BY COMMISSIONING RESEARCH AND PUBLICATIONS, SPONSORING MEETINGS, AND ISSUING REPORTS, BOOKS, AND OTHER LITERATURE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 17a
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0827221
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IRS990ScheduleA/TotalSupportAmt09074135
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt022321549
IRS990ScheduleD/OtherSecuritiesGrp/Desc0POOLED INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F

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