Civic Intelligence

Cambridge in America

990 • Fiscal year 2021 • EIN 52-6071299

Aug 01, 2020 to Jul 31, 2021 • Filed on May 10, 2022

1120 Avenue Of The Americas No 17New York, NY 10036

(212) 984-0960

Siviq Scores

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

Liabilities / Assets

40th percentile

0.15x

Higher debt load relative to assets than 40% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

19th percentile

0.09x

Higher debt load relative to revenue than 19% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

52nd percentile

12%

Higher net margin than 52% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

53rd percentile

$356,614

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

92nd percentile

53%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

118%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Assets

Flat

$39,696,080

Flat from 2021

Net Assets

Flat

$33,695,647

Flat from 2021

Liabilities

Flat

$6,000,433

Flat from 2021

Revenue

Flat

$66,388,937

Flat from 2021

Expenses

Flat

$58,279,585

Flat from 2021

Net Income

Flat

$8,109,352

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $22,065,920Liabilities 2010: $660,863Net Assets 2010: $21,405,0572010Assets 2011: $16,604,174Liabilities 2011: $700,346Net Assets 2011: $15,903,8282011Assets 2012: $15,265,788Liabilities 2012: $428,737Net Assets 2012: $14,837,0512012Assets 2013: $19,879,170Liabilities 2013: $494,396Net Assets 2013: $19,384,7742013Assets 2014: $12,699,371Liabilities 2014: $991,664Net Assets 2014: $11,707,7072014Assets 2015: $45,289,063Liabilities 2015: $5,620,522Net Assets 2015: $39,668,5412015Assets 2016: $54,433,200Liabilities 2016: $1,369,438Net Assets 2016: $53,063,7622016Assets 2017: $45,945,914Liabilities 2017: $3,000,581Net Assets 2017: $42,945,3332017Assets 2018: $101,250,969Liabilities 2018: $897,258Net Assets 2018: $100,353,7112018Assets 2019: $71,713,633Liabilities 2019: $23,847,293Net Assets 2019: $47,866,3402019Assets 2020: $25,995,261Liabilities 2020: $976,539Net Assets 2020: $25,018,7222020Assets 2021: $39,696,080Liabilities 2021: $6,000,433Net Assets 2021: $33,695,6472021Assets 2021: $39,696,080Liabilities 2021: $6,000,433Net Assets 2021: $33,695,6472021Assets 2022: $26,988,185Liabilities 2022: $2,714,899Net Assets 2022: $24,273,2862022Assets 2023: $87,993,258Liabilities 2023: $4,110,349Net Assets 2023: $83,882,9092023

Highlighted filing

2021

Assets$39,696,080
Liabilities$6,000,433
Net Assets$33,695,647

Operations Trend

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

$150M$100M$50M$0-$50M-$100MExpenses 2010: $27,256,7332010Expenses 2011: $25,459,4842011Expenses 2012: $15,699,0072012Expenses 2013: $20,548,2162013Revenue 2014: $22,084,102Expenses 2014: $29,716,757Net Income 2014: -$7,632,6552014Revenue 2015: $56,747,145Expenses 2015: $28,859,687Net Income 2015: $27,887,4582015Revenue 2016: $53,955,561Expenses 2016: $40,554,121Net Income 2016: $13,401,4402016Revenue 2017: $76,090,245Expenses 2017: $86,183,618Net Income 2017: -$10,093,3732017Revenue 2018: $141,849,224Expenses 2018: $84,591,421Net Income 2018: $57,257,8032018Revenue 2019: $30,900,550Expenses 2019: $82,729,025Net Income 2019: -$51,828,4752019Revenue 2020: $30,481,625Expenses 2020: $52,424,999Net Income 2020: -$21,943,3742020Revenue 2021: $66,388,937Expenses 2021: $58,279,585Net Income 2021: $8,109,3522021Revenue 2021: $66,388,937Expenses 2021: $58,279,585Net Income 2021: $8,109,3522021Revenue 2022: $42,148,530Expenses 2022: $50,758,264Net Income 2022: -$8,609,7342022Revenue 2023: $97,078,718Expenses 2023: $37,829,963Net Income 2023: $59,248,7552023

Highlighted filing

2021

Revenue$66,388,937
Expenses$58,279,585
Net Income$8,109,352
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
May 10, 2022
Return Version
2020v4.2
Gross Receipts
$66,544,985
Mission and Program Overview

Mission

Cambridge in america promotes interest in and support for the university of cambridge and its constituent colleges among alumni and friends in the united states.

To promote support for cambridge university and its constituent colleges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,505,071$19,918,234▲ $17,413,163
Pledges and Grants Receivable$18,290,171$8,435,444▼ $9,854,727
Cash and Non-Interest-Bearing Accounts$1,213,375$6,598,222▲ $5,384,847
Savings and Temporary Cash Investments$3,398,245$4,294,185▲ $895,940
Land, Buildings, and Equipment, Net$312,948$229,747▼ $83,201
Investments Other Securities$219,820$215,289▼ $4,531
Prepaid Expenses and Deferred Charges$5,416$4,269▼ $1,147
Accounts Receivable$39,375$690▼ $38,685
Total Assets$25,995,261$39,696,080▲ $13,700,819
Other Assets Total$10,840$0▼ $10,840
Liabilities
Grants Payable$551,080$5,558,586▲ $5,007,506
Other Liabilities$288,223$258,423▼ $29,800
Accounts Payable and Accrued Expenses$137,236$183,424▲ $46,188
Total Liabilities$976,539$6,000,433▲ $5,023,894
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,728,551$25,260,203▲ $18,531,652
Net Assets With Donor Restrictions$18,290,171$8,435,444▼ $9,854,727
Total Net Assets Fund Balance$25,018,722$33,695,647▲ $8,676,925
Total Liabilities and Net Assets / Fund Balance$25,995,261$39,696,080▲ $13,700,819

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$173,760$235,050$408,810
Other Land Buildings$43,351$225,176$268,527
Equipment$12,636$12,780$25,416
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gabrielle BennettExecutive DirectorFT$305,535$51,079$356,614
Liliya PankoChief Financial OfficerFT$200,122$27,750$227,872
Anne LaceySenior Director of DevelopmentFT$171,785$20,755$192,540
Kristina DavisSnr. Director, Advancement ServicesFT$144,454$26,190$170,644
Ashley SheedAssoc.dir.,devel.&regional StrategyFT$118,169$27,673$145,842
Elizabeth HealeyDirector, Alumni RelationsFT$114,677$24,282$138,959
Richard RomeoDirector of ResearchFT$113,650$23,874$137,524
Julia BrindisiAssociate Director, Major GiftsFT$107,585$23,144$130,729
Revenue and Support

Revenue Composition

Contributions and Grants
$66,273,532
Program Service Revenue
$0
Investment Income
$115,405
Other Revenue
$0
All Other Contributions
$66,273,532
Change in Net Assets
$8,109,352

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded59$24,285,665Fair Market Value (FMV)
Collectibles1$371,750Fair Market Value (FMV)
Total Noncash Contributions60$24,657,415-

Audited Revenue Reconciliation

Revenue per Audited Statements
$66,388,937
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$567,573
Total Revenue per Audited Statements
$66,956,510
Total Revenue per Form 990
$66,388,937
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$53,531,699
Total Fundraising Expense$3,379,045
Salaries, Compensation, and Employee Benefits$3,166,184
Other Expenses$1,581,702
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$53,531,699--$53,531,699
Other Salaries and Wages-$480,573$1,299,327$1,779,900
Current Officers, Directors, Trustees, and Key Employees-$218,373$590,416$808,789
Occupancy-$209,102$565,351$774,453
Other Employee Benefits-$63,982$172,990$236,972
Payroll Taxes-$51,066$138,066$189,132
Office Expenses-$43,655$118,030$161,685
Pension Plan Contributions-$40,876$110,515$151,391
Advertising--$115,660$115,660
Information Technology-$27,069$73,185$100,254
Fees for Services Other-$24,101$65,160$89,261
Depreciation Depletion-$83,201-$83,201
Fees for Services Management--$57,593$57,593
Fees for Services Accounting-$38,119-$38,119
Other Expenses-$8,905$24,599$33,504
Conferences and Meetings-$4,213$11,391$15,604
Insurance-$14,106-$14,106
Fees for Services Legal-$9,282-$9,282
Travel-$2,404$6,498$8,902
Total Functional Expenses$53,531,699$1,368,841$3,379,045$58,279,585

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$58,279,585
Total Expenses per Audited Statements$58,279,585
Total Expenses per Form 990$58,279,585
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
1
Employees
1
Spending
$53,531,699

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland and Greenland)Grants to RecipientsFinancial Support for the Collegiate Cambridge11$53,531,699
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
Deferred Rent$258,423
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The organization's independent tax advisors and finance staff work together to gather the required information necessary to complete the form 990. The initial draft form 990 is reviewed by the organization's cfo and audit committee. After the form 990 is reviewed, recommended changes are discussed and a final form 990 is prepared. Prior to filing with the internal revenue service, the final version form 990 is distributed to the organization's board of directors for review.

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

Conflict of interest disclosure forms are distributed annually to all board members for completion. Forms are reviewed by senior management. Outside of the annual disclosure forms, board members have a duty to self-report any actual or potential conflict of interest to the executive director and the board. If a conflict of interest were to arise, the interested party would notify the executive director and the board of the conflict, and shall not participate in or be permitted to hear the board's or committee's discussion of the matter, except to disclose material facts and to respond to questions.

Form 990, Part VI, Section B, Line 15

Independent annual surveys, such as professionals for non-profits, robert half survey of non-profit salaries and/or salary survey published by the nonprofit coordinating committe of new york. This process was last performed in 2020.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Cambridge in America
EIN
52-6071299
Phone
2129840960
Address
1120 AVENUE OF THE AMERICAS NO 17, NEW YORK, NY 10036

Signing Officer

Name
Liliya Panko
Title
CFO
Phone
2129840960
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Liliya Panko
Formed
1967
Legal Domicile
Dc
Voting Board Members
20
Independent Board Members
20
Employees
26
Volunteers
26

Preparer

Firm
GRASSI & CO CPA'S PC
Address
488 MADISON AVENUE 21ST FLOOR, NEW YORK, NY 10022
Preparer
David Rottkamp
Phone
2126616166
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:

The organization has determined that there are no material uncertain tax positions that require recognition or disclosure in the consolidated financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization believes it is no longer subject to income tax examinations for years prior to 2018.

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IRS990/Form990PartVIISectionAGrp/PersonNm8ALISON DAVIS
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IRS990/Form990PartVIISectionAGrp/PersonNm12STANLEY P GOLD
IRS990/Form990PartVIISectionAGrp/PersonNm13GURNEE F HART
IRS990/Form990PartVIISectionAGrp/PersonNm14ADRIAN N HOBDEN
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM H JANEWAY
IRS990/Form990PartVIISectionAGrp/PersonNm16FRAN MALAREE
IRS990/Form990PartVIISectionAGrp/PersonNm17MARSHAL MCREAL
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IRS990/Form990PartVIISectionAGrp/PersonNm22JACQUELINE SPAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm23ALISON TRAUB
IRS990/Form990PartVIISectionAGrp/PersonNm24STEPHEN J TOOPE
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IRS990/Form990PartVIISectionAGrp/PersonNm26GABRIELLE BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm27LILIYA PANKO
IRS990/Form990PartVIISectionAGrp/PersonNm28ANNE LACEY
IRS990/Form990PartVIISectionAGrp/PersonNm29KRISTINA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm30ASHLEY SHEED
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IRS990/Form990PartVIISectionAGrp/PersonNm33JULIA BRINDISI
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt28SENIOR DIRECTOR OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt29SNR. DIRECTOR, ADVANCEMENT SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt30ASSOC.DIR.,DEVEL.&REGIONAL STRATEGY
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR, ALUMNI RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR OF RESEARCH
IRS990/Form990PartVIISectionAGrp/TitleTxt33ASSOCIATE DIRECTOR, MAJOR GIFTS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CAMBRIDGE IN AMERICA PROMOTES INTEREST IN AND SUPPORT FOR THE UNIVERSITY OF CAMBRIDGE AND ITS CONSTITUENT COLLEGES AMONG ALUMNI AND FRIENDS IN THE UNITED STATES.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NondeductibleContributionsInd00
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$88.0$4.11$83.9$97.1$37.8$59.2
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.0$2.71$24.3$42.1$50.8$8.61
2021Detailed filing. Detailed filing data is available for this year.$39.7$6.00$33.7$66.4$58.3$8.11
2021Summary only. Only limited summary data is available for this year.$39.7$6.00$33.7$66.4$58.3$8.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.0$0.98$25.0$30.5$52.4$21.9
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.7$23.8$47.9$30.9$82.7$51.8
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$101$0.90$100$142$84.6$57.3
2017Summary only. Only limited summary data is available for this year.$45.9$3.00$42.9$76.1$86.2$10.1
2016Detailed filing. Detailed filing data is available for this year.$54.4$1.37$53.1$54.0$40.6$13.4
2015Detailed filing. Detailed filing data is available for this year.$45.3$5.62$39.7$56.7$28.9$27.9
2014Detailed filing. Detailed filing data is available for this year.$12.7$0.99$11.7$22.1$29.7$7.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$0.49$19.4$20.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$0.43$14.8$15.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$0.70$15.9$25.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$0.66$21.4$27.3
Peer Organizations

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