Civic Intelligence

Global Interdependence Center

990 • Fiscal year 2022 • EIN 23-2138619

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 27, 2023

100 N 6th Street 5th Floor SWPhiladelphia, PA 19106

(215) 238-0990

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.37x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.47x

Higher debt load relative to revenue than 85% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

39th percentile

0.8%

Higher net margin than 39% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

89th percentile

$108,600

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

81st percentile

33%

Faster asset growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

76th percentile

44%

Faster revenue growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$523,316

Up $128,445 (+33%) from 2021

Net Assets

Down

$329,329

Down $3,800 (-1.1%) from 2021

Liabilities

Up

$193,987

Up $132,245 (+214%) from 2021

Revenue

Up

$409,137

Up $124,561 (+44%) from 2021

Expenses

Up

$406,056

Up $47,560 (+13%) from 2021

Net Income

Up

$3,081

Up $77,001 (+104%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,026,852Liabilities 2011: $16,495Net Assets 2011: $1,010,3572011Assets 2012: $1,134,673Liabilities 2012: $39,218Net Assets 2012: $1,095,4552012Assets 2013: $1,161,308Liabilities 2013: $31,566Net Assets 2013: $1,129,7422013Assets 2014: $95,815Liabilities 2014: $56,601Net Assets 2014: $39,2142014Assets 2015: $159,758Liabilities 2015: $7,862Net Assets 2015: $151,8962015Assets 2016: $152,815Liabilities 2016: $13,811Net Assets 2016: $139,0042016Assets 2017: $230,618Liabilities 2017: $43,055Net Assets 2017: $187,5632017Assets 2018: $402,160Liabilities 2018: $99,357Net Assets 2018: $302,8032018Assets 2019: $345,354Liabilities 2019: $23,945Net Assets 2019: $321,4092019Assets 2020: $420,508Liabilities 2020: $11,346Net Assets 2020: $409,1622020Assets 2021: $394,871Liabilities 2021: $61,742Net Assets 2021: $333,1292021Assets 2022: $523,316Liabilities 2022: $193,987Net Assets 2022: $329,3292022Assets 2023: $480,235Liabilities 2023: $160,259Net Assets 2023: $319,9762023Assets 2024: $344,972Liabilities 2024: $87,989Net Assets 2024: $256,9832024

Highlighted filing

2022

Assets$523,316
Liabilities$193,987
Net Assets$329,329

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $341,275Expenses 2011: $366,794Net Income 2011: -$25,5192011Revenue 2012: $520,768Expenses 2012: $507,833Net Income 2012: $12,9352012Revenue 2013: $501,630Expenses 2013: $514,755Net Income 2013: -$13,1252013Revenue 2014: $415,976Expenses 2014: $450,980Net Income 2014: -$35,0042014Revenue 2015: $394,026Expenses 2015: $281,344Net Income 2015: $112,6822015Revenue 2016: $304,571Expenses 2016: $317,463Net Income 2016: -$12,8922016Revenue 2017: $414,737Expenses 2017: $366,178Net Income 2017: $48,5592017Revenue 2018: $404,669Expenses 2018: $289,429Net Income 2018: $115,2402018Revenue 2019: $365,126Expenses 2019: $346,520Net Income 2019: $18,6062019Revenue 2020: $364,213Expenses 2020: $276,460Net Income 2020: $87,7532020Revenue 2021: $284,576Expenses 2021: $358,496Net Income 2021: -$73,9202021Revenue 2022: $409,137Expenses 2022: $406,056Net Income 2022: $3,0812022Revenue 2023: $455,839Expenses 2023: $467,310Net Income 2023: -$11,4712023Revenue 2024: $472,061Expenses 2024: $535,744Net Income 2024: -$63,6832024

Highlighted filing

2022

Revenue$409,137
Expenses$406,056
Net Income$3,081
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 27, 2023
Return Version
2022v5.0
Gross Receipts
$409,137
Mission and Program Overview

Mission

GIC's mission is to encourage the expansion of global dialogue and free trade in order to improve cooperation and understanding among nation states, with the goal of reducing international conflicts and improving worldwide living standards.

Gic brings together a network of international experts in policymaking, central banking, industry, and academia to explore issues and policies concerning global interdependence that impacts world economies and quality of life. We provide a neutral, nonpartisan forum to expand awareness, advance shared interests, and promote social stewardship. Our college of central bankers provides a distinguished forum for former leaders of monetary policymaking organizations to share their insights and thought leadership on critical issues facing central banking and global monetary policy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$157,300$344,809▲ $187,509
Savings and Temporary Cash Investments$176,951--
Cash and Non-Interest-Bearing Accounts$17,767$70,916▲ $53,149
Prepaid Expenses and Deferred Charges$4,167$65,349▲ $61,182
Pledges and Grants Receivable$37,501$39,001▲ $1,500
Land, Buildings, and Equipment, Net$1,185$3,241▲ $2,056
Total Assets$394,871$523,316▲ $128,445
Liabilities
Deferred Revenue$57,500$92,170▲ $34,670
Other Liabilities-$87,763-
Accounts Payable and Accrued Expenses$4,242$14,054▲ $9,812
Total Liabilities$61,742$193,987▲ $132,245
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$231,129$170,728▼ $60,401
Net Assets With Donor Restrictions$102,000$158,601▲ $56,601
Total Net Assets Fund Balance$333,129$329,329▼ $3,800
Total Liabilities and Net Assets / Fund Balance$394,871$523,316▲ $128,445

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,241$2,985$6,226
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jillian FornitoExecutive DiFT$108,600$108,600
Revenue and Support

Revenue Composition

Contributions and Grants
$306,858
Program Service Revenue
$99,340
Investment Income
$2,939
Other Revenue
$0
All Other Contributions
$285,088
Change in Net Assets
$3,081

Audited Revenue Reconciliation

Revenue per Audited Statements
$409,137
Total Revenue per Audited Statements
$409,137
Total Revenue per Form 990
$409,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,646
Other Expenses$152,410
Total Fundraising Expense$41,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$67,332$27,150$14,118$108,600
Other Salaries and Wages$64,488$25,840$13,032$103,360
Office Expenses$18,405$7,125$4,173$29,703
Other Employee Benefits$15,496$6,229$3,192$24,917
Occupancy$15,478$6,222$3,188$24,888
Payroll Taxes$10,429$4,192$2,148$16,769
Travel$11,116$2,999$53$14,168
Fees for Services Other$11,976$1,235$136$13,347
Fees for Services Accounting-$13,200-$13,200
Other Expenses$2,287$919$471$3,677
Fees for Services Legal-$2,904-$2,904
Insurance$1,650$656$336$2,642
Depreciation Depletion$324$130$67$521
Total Functional Expenses$264,071$100,103$41,882$406,056

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$406,056
Total Expenses per Audited Statements$406,056
Total Expenses per Form 990$406,056
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$87,763
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
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, Page 6, Part VI, Line 11B

The executive committee reviews the tax return and then provides to the full board of directors to approve.

Form 990, Page 6, Part VI, Line 12C

The executive director closely monitors the policy on a regular basis.

Form 990, Page 6, Part VI, Line 15A

All three factors are considered on an annual basis by the executive committee when determining salaries for all gic staff.

Form 990, Page 6, Part VI, Line 19

The relevant documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Global Interdependence Center
EIN
23-2138619
Phone
2152380990
Address
100 N 6TH STREET 5TH FLOOR SW, PHILADELPHIA, PA 19106

Signing Officer

Name
Michael Veloric
Title
Treasurer
Phone
2152380990
Signed
2023-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jillian Fornito
Formed
1982
Legal Domicile
Pa
Voting Board Members
22
Independent Board Members
22
Employees
3

Preparer

Firm
Gbb & Co Llp
Address
1150 GLENLIVET DR STE C-36, ALLENTOWN, PA 18106-3122
Preparer
Todd C Newcomer CPA Cfe
Phone
4842230096
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Gic brings together a network of international experts in policymaking, central banking, industry, and academia to explore issues and policies concerning global interdependence that impacts world economies and quality of life. We provide a neutral, nonpartisan forum to expand awareness, advance shared interests, and promote social stewardship. Our college of central bankers provides a distinguished forum for former leaders of monetary policymaking organizations to share their insights and thought leadership on critical issues facing central banking and global monetary policy.

Financial Statement Notes

Schedule D, Page 3, Part X

The center is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. In accordance with u.s. Gaap, the center accounts for uncertain tax positions using a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold is met. Management determined there were no tax uncertainties that met the recognition threshold in 2022.

Raw XML AppendixShowing 400 of 484 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04242
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014054
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0GIC BRINGS TOGETHER A NETWORK OF INTERNATIONAL EXPERTS IN POLICYMAKING, CENTRAL BANKING, INDUSTRY, AND ACADEMIA TO EXPLORE ISSUES AND POLICIES CONCERNING GLOBAL INTERDEPENDENCE THAT IMPACTS WORLD ECONOMIES AND QUALITY OF LIFE. WE PROVIDE A NEUTRAL, NONPARTISAN FORUM TO EXPAND AWARENESS, ADVANCE SHARED INTERESTS, AND PROMOTE SOCIAL STEWARDSHIP. OUR COLLEGE OF CENTRAL BANKERS PROVIDES A DISTINGUISHED FORUM FOR FORMER LEADERS OF MONETARY POLICYMAKING ORGANIZATIONS TO SHARE THEIR INSIGHTS AND THOUGHT LEADERSHIP ON CRITICAL ISSUES FACING CENTRAL BANKING AND GLOBAL MONETARY POLICY.
IRS990/AllOtherContributionsAmt0285088
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0JILLIAN FORNITO
IRS990/BooksInCareOfDetail/PhoneNum02152380990
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 NORTH 6TH ST 5TH FLOOR SW
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019106
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt017767
IRS990/CashNonInterestBearingGrp/EOYAmt070916
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt014118
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt027150
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt067332
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0108600
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0306858
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02939
IRS990/CYOtherExpensesAmt0152410
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt099340
IRS990/CYRevenuesLessExpensesAmt03081
IRS990/CYSalariesCompEmpBnftPaidAmt0253646
IRS990/CYTotalExpensesAmt0406056
IRS990/CYTotalFundraisingExpenseAmt041882
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0409137
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt057500
IRS990/DeferredRevenueGrp/EOYAmt092170
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt067
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0130
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0324
IRS990/DepreciationDepletionGrp/TotalAmt0521
IRS990/Desc0THROUGH ITS DOMESTIC AND INTERNATIONAL PROGRAMMING, GIC PROVIDES A NEUTRAL FORUM FOR THE EXCHANGE OF DIVERGENT PERSPECTIVES; ENGAGES EXPERTS TO IDENTIFY EMERGING ECONOMIC, SOCIAL, AND POLITICAL ISSUES VITAL TO THE INTERDEPENDENT GLOBAL COMMUNITY; ORGANIZES COUNTRY AND REGION-SPECIFIC MEETINGS, MISSIONS, CONFERENCES, AND BRIEFINGS FOR EDUCATIONAL AND NETWORKING OPPORTUNITIES; PROMOTES GLOBAL PARTNERSHPS AMONG GOVERNMENTS, BUSINESS, ACADEMIC, AND NONPROFIT ORGANIZATIONS; AND SHARES INFORMATION AND RESEARCH WITH THE PUBLIC AND WITH POLICYMAKERS WORLDWIDE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0102000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0158601
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0264071
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013200
IRS990/FeesForServicesAccountingGrp/TotalAmt013200
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02904
IRS990/FeesForServicesLegalGrp/TotalAmt02904
IRS990/FeesForServicesOtherGrp/FundraisingAmt0136
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01235
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt011976
IRS990/FeesForServicesOtherGrp/TotalAmt013347
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0JILLIAN FORNITO
IRS990/Form990PartVIISectionAGrp/PersonNm1MANUEL BALMASEDA
IRS990/Form990PartVIISectionAGrp/PersonNm2SEAN HEBERLING CFA
IRS990/Form990PartVIISectionAGrp/PersonNm3MARY GRAHAM DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm4J PAUL HORNE
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID R KOTOK
IRS990/Form990PartVIISectionAGrp/PersonNm6BENJAMIN LEAVENWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIAM J MCLAUGHLIN
IRS990/Form990PartVIISectionAGrp/PersonNm8LELAND MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm9ALI HOUSHMAND PHD
IRS990/Form990PartVIISectionAGrp/PersonNm10VIBHAS MADAN PHD
IRS990/Form990PartVIISectionAGrp/PersonNm11DONALD RISSMILLER
IRS990/Form990PartVIISectionAGrp/PersonNm12HOLLY WADE
IRS990/Form990PartVIISectionAGrp/PersonNm13MARYANNE WALDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14LEXI WELDON
IRS990/Form990PartVIISectionAGrp/PersonNm15PETER A GOLD ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm16WILLIAM KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm17DANA PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm18LISA MCINTIRE SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm19KATHLEEN STEPHANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm20MICHAEL VELORIC
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0108600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHAIR EMERIT
IRS990/Form990PartVIISectionAGrp/TitleTxt20TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0409137
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0336
IRS990/InsuranceGrp/ManagementAndGeneralAmt0656
IRS990/InsuranceGrp/ProgramServicesAmt01650
IRS990/InsuranceGrp/TotalAmt02642
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02939
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02939
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0157300
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0344809
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02985
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01185
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03241
IRS990/LandBldgEquipCostOrOtherBssAmt06226
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt021770
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0GIC BRINGS TOGETHER A NETWORK OF INTERNATIONAL EXPERTS IN POLICYMAKING, CENTRAL BANKING, INDUSTRY, AND ACADEMIA TO EXPLORE ISSUES AND POLICIES CONCERNING GLOBAL INTERDEPENDENCE THAT IMPACTS WORLD ECONOMIES AND QUALITY OF LIFE. WE PROVIDE A NEUTRAL, NONPARTISAN FORUM TO EXPAND AWARENESS, ADVANCE SHARED INTERESTS, AND PROMOTE SOCIAL STEWARDSHIP. OUR COLLEGE OF CENTRAL BANKERS PROVIDES A DISTINGUISHED FORUM FOR FORMER LEADERS OF MONETARY POLICYMAKING ORGANIZATIONS TO SHARE THEIR INSIGHTS AND THOUGHT LEADERSHIP ON CRITICAL ISSUES FACING CENTRAL BANKING AND GLOBAL MONETARY POLICY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0333129
IRS990/NetAssetsOrFundBalancesEOYAmt0329329
IRS990/NetUnrlzdGainsLossesInvstAmt0-6881
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0231129
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0170728
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt03188
IRS990/OccupancyGrp/ManagementAndGeneralAmt06222
IRS990/OccupancyGrp/ProgramServicesAmt015478
IRS990/OccupancyGrp/TotalAmt024888
IRS990/OfficeExpensesGrp/FundraisingAmt04173
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07125
IRS990/OfficeExpensesGrp/ProgramServicesAmt018405
IRS990/OfficeExpensesGrp/TotalAmt029703
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03192
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06229
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015496
IRS990/OtherEmployeeBenefitsGrp/TotalAmt024917
IRS990/OtherExpensesGrp/Desc0CONFERENCE & PROGRAMMING
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPEMENT
IRS990/OtherExpensesGrp/FundraisingAmt0968
IRS990/OtherExpensesGrp/FundraisingAmt1471
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01302
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1919
IRS990/OtherExpensesGrp/ProgramServicesAmt045090
IRS990/OtherExpensesGrp/ProgramServicesAmt12287
IRS990/OtherExpensesGrp/TotalAmt047360
IRS990/OtherExpensesGrp/TotalAmt13677
IRS990/OtherLiabilitiesGrp/EOYAmt087763
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt013032
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025840
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064488
IRS990/OtherSalariesAndWagesGrp/TotalAmt0103360
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02148
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04192
IRS990/PayrollTaxesGrp/ProgramServicesAmt010429
IRS990/PayrollTaxesGrp/TotalAmt016769
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt037501
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt039001
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04167
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt065349
IRS990/PrincipalOfficerNm0JILLIAN FORNITO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt099340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099340
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0241820
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01761
IRS990/PYOtherExpensesAmt0126626
IRS990/PYProgramServiceRevenueAmt040995
IRS990/PYRevenuesLessExpensesAmt0-73920
IRS990/PYSalariesCompEmpBnftPaidAmt0231870
IRS990/PYTotalExpensesAmt0358496
IRS990/PYTotalRevenueAmt0284576
IRS990/ReconcilationRevenueExpnssAmt03081
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt099340
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0176951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0306858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0241820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0324354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0236009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0333679
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01442720
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02939
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01761
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02002
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0396
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012837
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0102279
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99120
IRS990ScheduleA/PublicSupportPY170Pct00.63160
IRS990ScheduleA/PublicSupportTotal170Amt01442720
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0306858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0241820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0324354
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0236009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0333679
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01442720
IRS990ScheduleA/TotalSupportAmt01455557
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0406056
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03241
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02985
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt087763
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt0409137
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CENTER IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ACCORDANCE WITH U.S. GAAP, THE CENTER ACCOUNTS FOR UNCERTAIN TAX POSITIONS USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03241
IRS990ScheduleD/TotalExpensesPerForm990Amt0406056
IRS990ScheduleD/TotalLiabilityAmt087763
IRS990ScheduleD/TotalRevenuePerForm990Amt0409137
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0409137
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0406056
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GIC BRINGS TOGETHER A NETWORK OF INTERNATIONAL EXPERTS IN POLICYMAKING, CENTRAL BANKING, INDUSTRY, AND ACADEMIA TO EXPLORE ISSUES AND POLICIES CONCERNING GLOBAL INTERDEPENDENCE THAT IMPACTS WORLD ECONOMIES AND QUALITY OF LIFE. WE PROVIDE A NEUTRAL, NONPARTISAN FORUM TO EXPAND AWARENESS, ADVANCE SHARED INTERESTS, AND PROMOTE SOCIAL STEWARDSHIP. OUR COLLEGE OF CENTRAL BANKERS PROVIDES A DISTINGUISHED FORUM FOR FORMER LEADERS OF MONETARY POLICYMAKING ORGANIZATIONS TO SHARE THEIR INSIGHTS AND THOUGHT LEADERSHIP ON CRITICAL ISSUES FACING CENTRAL BANKING AND GLOBAL MONETARY POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE COMMITTEE REVIEWS THE TAX RETURN AND THEN PROVIDES TO THE FULL BOARD OF DIRECTORS TO APPROVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR CLOSELY MONITORS THE POLICY ON A REGULAR BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL THREE FACTORS ARE CONSIDERED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE WHEN DETERMINING SALARIES FOR ALL GIC STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RELEVANT DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.09$0.26$0.47$0.54$0.06
2023Summary only. Only limited summary data is available for this year.$0.48$0.16$0.32$0.46$0.47$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.19$0.33$0.41$0.41$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.06$0.33$0.28$0.36$0.07
2020Summary only. Only limited summary data is available for this year.$0.42$0.01$0.41$0.36$0.28$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.02$0.32$0.37$0.35$0.02
2018Summary only. Only limited summary data is available for this year.$0.40$0.10$0.30$0.40$0.29$0.12
2017Summary only. Only limited summary data is available for this year.$0.23$0.04$0.19$0.41$0.37$0.05
2016Summary only. Only limited summary data is available for this year.$0.15$0.01$0.14$0.30$0.32$0.01
2015Summary only. Only limited summary data is available for this year.$0.16$0.01$0.15$0.39$0.28$0.11
2014Summary only. Only limited summary data is available for this year.$0.10$0.06$0.04$0.42$0.45$0.04
2013Summary only. Only limited summary data is available for this year.$1.16$0.03$1.13$0.50$0.51$0.01
2012Summary only. Only limited summary data is available for this year.$1.13$0.04$1.10$0.52$0.51$0.01
2011Summary only. Only limited summary data is available for this year.$1.03$0.02$1.01$0.34$0.37$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $500k-$1M nonprofits