Civic Intelligence

The American Assembly

990 • Fiscal year 2019 • EIN 13-6160846

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

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

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

6th percentile

0.01x

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

21st percentile

-5.1%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

40th percentile

$213,275

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

28th percentile

-0.8%

Faster asset growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

38th percentile

0.3%

Faster revenue growth than 38% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Down

$26,683,677

Down $207,843 (-0.8%) from 2018

Net Assets

Down

$26,649,800

Down $142,188 (-0.5%) from 2018

Liabilities

Down

$33,877

Down $65,655 (-66%) from 2018

Revenue

Up

$2,795,301

Up $7,872 (+0.3%) from 2018

Expenses

Up

$2,937,489

Up $667,743 (+29%) from 2018

Net Income

Down

-$142,188

Down $659,871 (-127%) from 2018

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

2019

Assets$26,683,677
Liabilities$33,877
Net Assets$26,649,800

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

2019

Revenue$2,795,301
Expenses$2,937,489
Net Income-$142,188
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.1
Gross Receipts
$2,795,301
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$23,214,043$16,726,370▼ $6,487,673
Savings and Temporary Cash Investments$212,116$6,632,130▲ $6,420,014
Investments in Publicly Traded Securities$3,049,512$3,305,216▲ $255,704
Pledges and Grants Receivable$396,088--
Land, Buildings, and Equipment, Net$19,761$19,961▲ $200
Total Assets$26,891,520$26,683,677▼ $207,843
Liabilities
Accounts Payable and Accrued Expenses$99,532$33,877▼ $65,655
Total Liabilities$99,532$33,877▼ $65,655
Net Assets / Fund Balance
Temporarily Rstr Net Assets$21,111,439$21,111,439→ $0
Permanently Rstr Net Assets$4,283,920$4,283,920→ $0
Unrestricted Net Assets$1,396,629$1,254,441▼ $142,188
Total Net Assets Fund Balance$26,791,988$26,649,800▼ $142,188
Total Liabilities and Net Assets / Fund Balance$26,891,520$26,683,677▼ $207,843

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$18,128$33,205$51,333
Equipment$1,833$30,142$31,975
Other Land Buildings$0$18,050$18,050
Land$0--
Other Securities$16,726,370--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$24,942,172---$24,942,172
2017$24,188,091$25,000▲ $729,081-$24,942,172
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David H MortimerFormer President & TrusteeFT$174,401$38,874$213,275
Joseph J KaraganisVice PresidentFT$139,473$68,269$207,742
David H Mortimer--$174,401-$174,401
Joseph J Karaganis--$139,473-$139,473
Karla GarciaCFOFT$86,880$23,125$110,005

Board Members and Trustees

NameTitle
Craig CalhounCo-chairman
Henry CisnerosCo-chairman
Peter BearmanPresident & Trustee
Anya SchiffrinFormer Trustee
Dr Mahnaz Ispahani BartosFormer Trustee
Richard MittenhalFormer Trustee
Alondra NelsonTrustee
Harriet ZuckermanTrustee
Lee C BollingerTrustee
Nancy CantorTrustee
Richard M ShermanTrustee
Pamela SamuelsonFormer Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Are-jay Construction Co INCConstruction Company3087 ST REGIS STREET, Wantagh, NY 11793$503,702
-Executive Search FirmPO BOX 98991, Chicago, IL 60693$436,755
Systema Development LLCGeneral Research3539 BETHOVEN STREET, Pitssburgh, PA 15213, Sz$190,000
-Project Director-$147,789
Revenue and Support

Revenue Composition

Contributions and Grants
$148,699
Program Service Revenue
$295,687
Investment Income
$2,350,915
Other Revenue
$0
All Other Contributions
$148,699
Change in Net Assets
$-142,188

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,795,301
Revenue Not Reported on Form 990
$-1,262,428
Total Revenue per Audited Statements
$1,532,873
Total Revenue per Form 990
$2,795,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,732,293
Salaries, Compensation, and Employee Benefits$1,205,196
Total Fundraising Expense$99,717
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$518,491$277,708$0$796,199
Current Officers, Directors, Trustees, and Key Employees$386,679$121,857$76,705$585,241
Other Salaries and Wages$338,266$0$0$338,266
Other Employee Benefits$222,120$36,557$23,012$281,689
Other Expenses$74,500$49,735$0$124,235
Office Expenses$5,727$90,170$0$95,897
Occupancy$27,634$68,126$0$95,760
Travel$17,521$22,185$0$39,706
Conferences and Meetings$18,223$1,626$0$19,849
Insurance$0$18,573$0$18,573
Total Functional Expenses$1,703,847$1,133,925$99,717$2,937,489

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,937,489
Total Expenses per Audited Statements$2,937,489
Total Expenses per Form 990$2,937,489
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
Peter S Bearman
Title
President
Phone
2128703500
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter S Bearman
Formed
1950
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
West Ii & Company Llp
Address
56 PALMER ROAD, YONKERS, NY 10701
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/Desc0POL.is/The Civic Assembly: Following the in-person events in February 2018, The Assembly has published a publicly accessible report on the Civic Assembly process in Bowling Green which was circulated for comment among participants in the Town Hall. This document allows public annotation, which is intended to encourage a participant-led process to build out the factual and contextual background of opinions published in the report. This step of publishing community-sourced findings marks the endpoint of The Assembly's work in Bowling Green. We are in discussion with a coalition of education journalists in North Carolina about replicating the Civic Assembly model across several cities in the fall. We also attended a training program for hosted by the Taiwanese group that pioneered the larger Pol.is-centered process of civil society facilitation (including the Taiwanese Digital Minister, Audrey Tang). At the training session, we shared our experiences in Bowling Green and identified future potential work, including a possible collaboration with the NYC mayor's office on civic engagement. The Open Syllabus Project: The Open Syllabus Project (OSP) provides the first "big data" look at the primary activity of higher education: teaching. It collects and analyzes millions of university syllabi to generate novel academic and public applications of the expertise embedded in these teaching choices. This data has a wide range of uses in scholarly metrics, educational research, and the sociology of knowledge. It supports the work of teachers, publishers, and librarians, and opens up new ways of connecting academic expertise to wider publics at a time when those connections are being attacked. The OSP also helps answer vital questions about how universities prepare students to develop as thoughtful citizens. The project is supported by the Sloan Foundation, Hewlett Foundation, Arcadia Fund, Templeton Foundation, and Digital Science. The program reached a major milestone recently with the completion of the core dataset, which now contains over 6 million syllabi and the launch of the online Open Syllabus explorer. The project now identifies the gender of assigned authors. This will allow us to deploy tools for mapping the comparative frequency with which women authors are assigned across fields, schools, and departments over time. We expect a high public profile for this feature in particular. We also expect, by the end of the summer 2018, to have OSP network graph representations of fields and departments (similar to our large online network graph) available to students, departments, and libraries. In November 2019, the OSP became an independent nonprofit after five years of incubation from The American Assembly. IDRC The next Global Congress took place September 24-29, 2018 at American University in Washington, DC. We secured a $55,000 grant from the International Development Research Centre (IDRC) for sponsorship of the event. Other grants from OSF, Ford, and Google will go to our main partners at American University. The program for the event (including a NAFTA strategy meeting) will bring together around 250 people. International Taxation: - Tax Avoidance Meeting We are working with the Tax Justice Network and the Independent Commission for the Reform of International Corporate Taxation (ICRICT) to explore the potential for a large Pol.is exercise in the international tax policy community, with the goal of illuminating lines of agreement and disagreement and potentially moving forward on the broad consensus goals signaled by Joe Stiglitz in our planning meeting. Initial outreach has been favorable but has also revealed uncertainty with the degree to which Pol.is can adequately capture the complexity of tax policy conversations. As a result, we will conduct a demo in a smaller group to test this question. In September 2018, we co-sponsored a meeting with ICRICT on the potential of a Global Asset Registry to address some of the thornier tax
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IRS990/Form990PartVIISectionAGrp/TitleTxt2FORMER TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4FORMER TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5FORMER SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7FORMER TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11FORMER PRESIDENT & TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT & TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT
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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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