Civic Intelligence

Insurance Institute for Highway Safety

EIN 53-0246204 • 501(c)3 • Arlington, VA

Profile

The insurance institute for highway safety is an independent, nonprofit, scientific and educational organization. It identifies and evaluates ways to reduce the human and economic losses resulting from motor vehicle crashes and communicates the results of that research to the public, federal, state, and local highway and vehicle safety officials, vehicle manufacturers, insurers, the media, the research community and others.

4121 Wilson Boulevard 6th FloorArlington, VA 22203

www.iihs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.23x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.43x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.1%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$1,130,183

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

33rd percentile

1.6%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-5.3%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$65,034,654

Up $1,052,981 (+1.6%) from 2023

Liabilities

Down

$14,952,871

Down $579,838 (-3.7%) from 2023

Net Assets

Up

$50,081,783

Up $1,632,819 (+3.4%) from 2023

Revenue

Down

$34,396,378

Down $1,933,202 (-5.3%) from 2023

Expenses

Up

$34,430,737

Up $307,934 (+0.9%) from 2023

Net Income

Down

-$34,359

Down $2,241,136 (-102%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $24,739,681Liabilities 2010: $8,851,267Net Assets 2010: $15,888,4142010Assets 2011: $25,178,586Liabilities 2011: $9,732,741Net Assets 2011: $15,445,8452011Assets 2012: $49,857,010Liabilities 2012: $10,972,035Net Assets 2012: $38,884,9752012Assets 2013: $52,158,103Liabilities 2013: $10,259,509Net Assets 2013: $41,898,5942013Assets 2014: $53,584,914Liabilities 2014: $13,532,303Net Assets 2014: $40,052,6112014Assets 2015: $57,201,990Liabilities 2015: $11,075,738Net Assets 2015: $46,126,2522015Assets 2016: $56,542,797Liabilities 2016: $8,164,365Net Assets 2016: $48,378,4322016Assets 2017: $52,288,899Liabilities 2017: $8,039,213Net Assets 2017: $44,249,6862017Assets 2018: $51,632,694Liabilities 2018: $7,181,814Net Assets 2018: $44,450,8802018Assets 2019: $55,316,287Liabilities 2019: $9,900,651Net Assets 2019: $45,415,6362019Assets 2020: $58,846,539Liabilities 2020: $12,463,022Net Assets 2020: $46,383,5172020Assets 2021: $62,581,399Liabilities 2021: $13,633,878Net Assets 2021: $48,947,5212021Assets 2022: $62,564,663Liabilities 2022: $15,298,416Net Assets 2022: $47,266,2472022Assets 2023: $63,981,673Liabilities 2023: $15,532,709Net Assets 2023: $48,448,9642023Assets 2024: $65,034,654Liabilities 2024: $14,952,871Net Assets 2024: $50,081,7832024

Highlighted filing

2024

Assets$65,034,654
Liabilities$14,952,871
Net Assets$50,081,783

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$20M$0-$20MExpenses 2010: $21,029,0392010Expenses 2011: $20,818,6232011Expenses 2012: $21,133,1802012Revenue 2013: $25,412,726Expenses 2013: $23,761,600Net Income 2013: $1,651,1262013Revenue 2014: $24,765,093Expenses 2014: $24,763,004Net Income 2014: $2,0892014Revenue 2015: $29,987,586Expenses 2015: $26,223,147Net Income 2015: $3,764,4392015Revenue 2016: $28,996,721Expenses 2016: $28,731,721Net Income 2016: $265,0002016Revenue 2017: $27,893,367Expenses 2017: $32,298,290Net Income 2017: -$4,404,9232017Revenue 2018: $29,118,621Expenses 2018: $28,210,494Net Income 2018: $908,1272018Revenue 2019: $30,764,265Expenses 2019: $29,683,878Net Income 2019: $1,080,3872019Revenue 2020: $27,821,966Expenses 2020: $26,987,559Net Income 2020: $834,4072020Revenue 2021: $30,892,913Expenses 2021: $29,337,192Net Income 2021: $1,555,7212021Revenue 2022: $32,818,452Expenses 2022: $32,173,805Net Income 2022: $644,6472022Revenue 2023: $36,329,580Expenses 2023: $34,122,803Net Income 2023: $2,206,7772023Revenue 2024: $34,396,378Expenses 2024: $34,430,737Net Income 2024: -$34,3592024

Highlighted filing

2024

Revenue$34,396,378
Expenses$34,430,737
Net Income-$34,359

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.0$15.0$50.1$34.4$34.4$0.03
2023Summary only. Only limited summary data is available for this year.$64.0$15.5$48.4$36.3$34.1$2.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.6$15.3$47.3$32.8$32.2$0.64
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.6$13.6$48.9$30.9$29.3$1.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.8$12.5$46.4$27.8$27.0$0.83
2019Summary only. Only limited summary data is available for this year.$55.3$9.90$45.4$30.8$29.7$1.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.6$7.18$44.5$29.1$28.2$0.91
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.3$8.04$44.2$27.9$32.3$4.40
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.5$8.16$48.4$29.0$28.7$0.27
2015Detailed filing. Detailed filing data is available for this year.$57.2$11.1$46.1$30.0$26.2$3.76
2014Summary only. Only limited summary data is available for this year.$53.6$13.5$40.1$24.8$24.8$0.00
2013Summary only. Only limited summary data is available for this year.$52.2$10.3$41.9$25.4$23.8$1.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.9$11.0$38.9$21.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$9.73$15.4$20.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.7$8.85$15.9$21.0
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$40,963,941
Mission and Program Overview

Mission

The insurance institute for highway safety is an independent, nonprofit, scientific and educational organization. It identifies and evaluates ways to reduce the human and economic losses resulting from motor vehicle crashes and communicates the results of that research to the public, federal, state, and local highway and vehicle safety officials, vehicle manufacturers, insurers, the media, the research community and others.

See schedule o the insurance institute for highway safety is an independent, nonprofit, scientific and educational organization. It identifies and evaluates ways to reduce the human and economic losses resulting from motor vehicle crashes and communicates the results of that research to the public, federal, state, and local highway and vehicle safety officials, vehicle manufacturers, insurers, the media, the research community and others.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$29,499,302$27,847,448▼ $1,651,854
Investments in Publicly Traded Securities$25,132,526$22,919,909▼ $2,212,617
Savings and Temporary Cash Investments$6,013,248$4,687,699▼ $1,325,549
Prepaid Expenses and Deferred Charges$658,280$670,085▲ $11,805
Accounts Receivable$41,488$4,257▼ $37,231
Total Assets$62,581,399$62,564,663▼ $16,736
Other Assets Total$1,236,555$6,435,265▲ $5,198,710
Liabilities
Other Liabilities$9,322,950$11,450,165▲ $2,127,215
Deferred Revenue$3,904,991$3,594,569▼ $310,422
Accounts Payable and Accrued Expenses$405,937$253,682▼ $152,255
Total Liabilities$13,633,878$15,298,416▲ $1,664,538
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,947,521$47,266,247▼ $1,681,274
Total Net Assets Fund Balance$48,947,521$47,266,247▼ $1,681,274
Total Liabilities and Net Assets / Fund Balance$62,581,399$62,564,663▼ $16,736

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,204,391$25,119,495$51,323,886
Leasehold Improvements$1,114,972$467,568$1,582,540
Equipment$81,426$659,611$741,037
Land$446,659-$446,659
Other Assets Org$3,871,289--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,605,475$825,000-$87,874$2,342,601
2021$1,012,521$825,000-$232,046$1,605,475
2020$951,861$825,000-$764,340$1,012,521
2019$1,397,656$775,000-$1,220,795$951,861
2018$1,682,716$775,000-$1,060,060$1,397,656
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David HarkeyPresidentFT$531,370$250,089$781,459
David ZubyExecutive V.p. - Vrc & CHIFT$264,180$69,214$333,394
Russell RaderSr. Vice PresFT$274,773$57,169$331,942
Pini KalniteDirector Film & Media SerFT$220,670$64,026$284,696
Charles FarmerDirector Statistical ServFT$227,620$54,221$281,841
Joseph NolanSr. V.p. - Vrc & Chief AdmFT$211,395$54,690$266,085
Michael FaginSecretary/treasurerFT$214,313$46,178$260,491
Michael PowellDirector of ItFT$184,369$60,868$245,237
Jessica CicchinoVP, ResearchFT$189,860$39,975$229,835
Jessica JermakianSr. Research EngineerFT$184,349$39,699$224,048
Matthew MooreSr. Vice PresidentPT$58,450$15,629$74,079

Board Members and Trustees

NameTitle
Stan McnaughtonChairman
Kristina Kriss BarrontonVice Chairman
Allen AndersonDirector
Andrew WoodsDirector
Ben EwbankDirector
Bill WestrateDirector
Brian DeephouseDirector
Chris MaloneDirector
Cody CookDirector
Dan ClappDirector
Daniel HalseyDirector
David a SampsonDirector
Don RobinsonDirector
Duane SandersDirector
Ginger PurgatorioDirector
Holly RestonDirector
James SuttonDirector
Jeffery HayDirector
John MccaskillDirector
Michael ArnoldDirector
Neill AlldredgeDirector
Rob McdadeDirector
Robert LyonDirector
Steve RulisonDirector
Steven BergDirector
Ted MurphyDirector
Tim NeeDirector
Todd DavisDirector
Todd WalkerDirector
Scott ZieglerChariman-elect

Highest Paid Contractors

ContractorServicesLocationCompensation
Erica GruenMarket Research Consulting275 WEST 96TH STREET SUITE 11-O, New York, NY 10025$169,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$32,041,760
Investment Income
$710,141
Other Revenue
$66,551
Change in Net Assets
$644,647

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,815,464
Revenue Not Reported on Financial Statements
$2,988
Revenue Not Reported on Form 990
$-3,918,305
Total Revenue per Audited Statements
$28,897,159
Total Revenue per Form 990
$32,818,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,127,119
Salaries, Compensation, and Employee Benefits$14,046,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,132,480$1,855,530-$8,988,010
Depreciation Depletion$2,089,521$79,104-$2,168,625
Current Officers, Directors, Trustees, and Key Employees$1,855,800$220,672-$2,076,472
Other Employee Benefits$1,116,631$267,918-$1,384,549
Other Expenses$999,756--$999,756
Pension Plan Contributions$696,565$178,826-$875,391
Payroll Taxes$585,505$136,759-$722,264
Office Expenses$648,883$66,698-$715,581
Occupancy$350,994$263,245-$614,239
All Other Expenses$438,613$100,089-$538,702
Information Technology$160,000$197,416-$357,416
Travel$135,683$104,774-$240,457
Insurance$183,580$48,210-$231,790
Conferences and Meetings$90,727$66,698-$157,425
Fees for Services Accounting$47,476$47,476-$94,952
Fees for Services Legal$1,560$70,874-$72,434
Fees for Service Investment Mgmnt Fees-$2,988-$2,988
Total Functional Expenses$28,466,528$3,707,277$0$32,173,805

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$32,173,805
Expenses per Audited Statements$32,170,817
Total Expenses per Audited Statements$32,170,817
Expenses Not Reported on Financial Statements$2,988
Expenses Not Reported on Form 990$0
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
Operating Lease Liability, Net of Current Portion$4,967,466
Postretirement Liabilities$3,539,429
Accrued Health Claims$1,786,303
Current Portion of Operating Lease Liability$620,268
Accrued Vacation$536,699
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The board of directors did not review the form 990. However, they did approve the financial statement audit. The treasurer reviews the form 990 before it is filed.

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

The insurance institute for highway safety has a written conflict of interest policy for its employees and the board of directors. The board of directors completed an annual survey that monitored and enforced compliance with the conflict of interest policy and identified any family and business relationships.

Form 990, Part VI, Section B, Line 15

Under the institute's bylaws, the executive committee has the authority to set compensation for officers of the institute. The executive committee of the board of directors met in december 2021 to review the officer's compensation for calendar year 2022. The committee reviewed each officer's performance, compensation history and comparability data on officer compensation reported on form 990 for several non-profit organizations that have communications and research responsibilities similar to the institute and on motor vehicle related organizations that work on highway and vehicle safety issues. In addition, the committee members drew upon their knowledge of compensation within their own companies, the insurance industry in general and national trends in compensation. The decision on compensation was made solely by the committee, which consists of individuals that are not subject to the control of the institute's officers.

Form 990, Part VI, Section C, Line 18

The institute's form 990 is available upon written request.

Form 990, Part VI, Section C, Line 19

The institute's documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Insurance Institute for Highway Safety
EIN
53-0246204
Phone
7032471500
Address
4121 WILSON BOULEVARD 6TH FLOOR, ARLINGTON, VA 22203

Signing Officer

Name
Michael D Fagin
Title
Secretary-treasurer
Phone
7032471512
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael D Fagin
Formed
1959
Legal Domicile
Dc
Voting Board Members
31
Independent Board Members
30
Employees
104
Volunteers
0

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVE STE 500, BETHESDA, MD 20814
Preparer
Julia L Lafferty
Phone
3019860600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Postretirement benefit plan actuarial loss not yet recognized is: 1,592,384.

Financial Statement Notes

PART V, LINE 4:

The board of directors has designated funds for future replacement of leasehold improvements, equipment and motor vehicles.

PART X, LINE 2:

The institute is exempt under section 501(c)(3) of the internal revenue code (the code) from the payment of taxes on income other than unrelated business income. No provision for income tax is required for the year ended december 31, 2022, as the institute had no net unrelated business income. The institute requires that a tax position be recognized or derecognized based on a "more-likely-than-not" threshold. This applies to positions taken or expected to be taken in a tax return. The institute does not believe its financial statements include, or reflect, any uncertain tax positions. The institute's irs form 990, return of organization exempt from income tax, is subject to examination by taxing authorities generally for three years after filing.

Raw XML AppendixShowing 400 of 1,007 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/AccountantCompileOrReviewInd00
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IRS990/AccountsReceivableGrp/BOYAmt041488
IRS990/AccountsReceivableGrp/EOYAmt04257
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O THE INSURANCE INSTITUTE FOR HIGHWAY SAFETY IS AN INDEPENDENT, NONPROFIT, SCIENTIFIC AND EDUCATIONAL ORGANIZATION. IT IDENTIFIES AND EVALUATES WAYS TO REDUCE THE HUMAN AND ECONOMIC LOSSES RESULTING FROM MOTOR VEHICLE CRASHES AND COMMUNICATES THE RESULTS OF THAT RESEARCH TO THE PUBLIC, FEDERAL, STATE, AND LOCAL HIGHWAY AND VEHICLE SAFETY OFFICIALS, VEHICLE MANUFACTURERS, INSURERS, THE MEDIA, THE RESEARCH COMMUNITY AND OTHERS.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0100089
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IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL D FAGIN
IRS990/BooksInCareOfDetail/PhoneNum07032471500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04121 WILSON BOULEVARD 6TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0ARLINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
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IRS990/Desc0RESEARCH PROJECTS: PROJECTS UNDERTAKEN TO IDENTIFY AND EVALUATE METHODS OF REDUCING THE PERSONAL INJURIES AND PROPERTY DAMAGE RESULTING FROM THE USE OF MOTOR VEHICLES. RESEARCH INCLUDES THE HUMAN FACTORS ASSOCIATED WITH TEENAGE DRIVERS, ALCOHOL-IMPAIRED DRIVING, TRUCK DRIVER FATIGUE,SEAT BELT USE AND OTHER AREAS. RESEARCH ABOUT THE PHYSICAL ENVIRONMENT INCLUDES, FOR EXAMPLE, ASSESSMENT OF ROADWAY DESIGNS TO REDUCE RUN-OFF-THE-ROAD CRASHES AND TO ELIMINATE ROADSIDE HAZARDS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt32SR. V.P. - VRC & CHIEF ADM
IRS990/Form990PartVIISectionAGrp/TitleTxt33SR. VICE PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt34EXECUTIVE V.P. - VRC & CHI
IRS990/Form990PartVIISectionAGrp/TitleTxt35SR. VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIR STATISTICAL SERV
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIR FILM & MEDIA SER
IRS990/Form990PartVIISectionAGrp/TitleTxt38DIRECTOR OF IT
IRS990/Form990PartVIISectionAGrp/TitleTxt39VP, RESEARCH
IRS990/Form990PartVIISectionAGrp/TitleTxt40SR. RESEARCH ENGINEER
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