Civic Intelligence

Meridian International Center

EIN 53-0259663 • 501(c)3 • Washington, DC

Profile

At meridian international center, we believe we are stronger at home at home when globally engaged. Our mission is to strengthen engagement between the u.s. And the world to find solutions to shared global challenges.

1630 Crescent Place NWWashington, DC 20009

www.meridian.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.33x

Higher debt load relative to assets than 58% of similar nonprofits.

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

Liabilities / Revenue

34th percentile

0.19x

Higher debt load relative to revenue than 34% of similar nonprofits.

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

Net Margin

61st percentile

9.1%

Higher net margin than 61% of similar nonprofits.

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

Top Officer Pay

60th percentile

$427,144

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

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

Asset Growth

47th percentile

5.1%

Faster asset growth than 47% of similar nonprofits.

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

Revenue Growth

20th percentile

-5.4%

Faster revenue growth than 20% of similar nonprofits.

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

Assets

Up

$26,585,244

Up $1,295,562 (+5.1%) from 2023

Liabilities

Down

$8,845,811

Down $3,488,822 (-28%) from 2023

Net Assets

Up

$17,739,433

Up $4,784,384 (+37%) from 2023

Revenue

Down

$47,627,854

Down $2,705,049 (-5.4%) from 2023

Expenses

Down

$43,311,664

Down $5,883,495 (-12%) from 2023

Net Income

Up

$4,316,190

Up $3,178,446 (+279%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $14,958,222Liabilities 2010: $6,299,498Net Assets 2010: $8,658,7242010Assets 2011: $14,979,049Liabilities 2011: $6,782,663Net Assets 2011: $8,196,3862011Assets 2012: $17,010,291Liabilities 2012: $9,249,591Net Assets 2012: $7,760,7002012Assets 2013: $16,508,185Liabilities 2013: $9,864,055Net Assets 2013: $6,644,1302013Assets 2014: $17,456,459Liabilities 2014: $10,886,060Net Assets 2014: $6,570,3992014Assets 2015: $17,052,319Liabilities 2015: $11,032,925Net Assets 2015: $6,019,3942015Assets 2016: $18,396,700Liabilities 2016: $11,782,238Net Assets 2016: $6,614,4622016Assets 2017: $18,290,852Liabilities 2017: $10,950,842Net Assets 2017: $7,340,0102017Assets 2018: $19,201,736Liabilities 2018: $11,377,834Net Assets 2018: $7,823,9022018Assets 2019: $19,348,202Liabilities 2019: $10,136,442Net Assets 2019: $9,211,7602019Assets 2020: $19,576,599Liabilities 2020: $9,352,576Net Assets 2020: $10,224,0232020Assets 2021: $21,513,617Liabilities 2021: $10,321,126Net Assets 2021: $11,192,4912021Assets 2022: $24,363,247Liabilities 2022: $13,026,097Net Assets 2022: $11,337,1502022Assets 2023: $25,289,682Liabilities 2023: $12,334,633Net Assets 2023: $12,955,0492023Assets 2024: $26,585,244Liabilities 2024: $8,845,811Net Assets 2024: $17,739,4332024

Highlighted filing

2024

Assets$26,585,244
Liabilities$8,845,811
Net Assets$17,739,433

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $31,686,5112010Expenses 2011: $32,736,0552011Expenses 2012: $36,766,2842012Revenue 2013: $30,036,762Expenses 2013: $31,525,023Net Income 2013: -$1,488,2612013Revenue 2014: $32,792,383Expenses 2014: $32,790,175Net Income 2014: $2,2082014Revenue 2015: $31,510,117Expenses 2015: $32,054,276Net Income 2015: -$544,1592015Revenue 2016: $34,878,928Expenses 2016: $34,471,860Net Income 2016: $407,0682016Revenue 2017: $34,470,794Expenses 2017: $34,322,655Net Income 2017: $148,1392017Revenue 2018: $36,633,291Expenses 2018: $36,362,325Net Income 2018: $270,9662018Revenue 2019: $41,805,626Expenses 2019: $40,640,903Net Income 2019: $1,164,7232019Revenue 2020: $25,888,564Expenses 2020: $25,075,452Net Income 2020: $813,1122020Revenue 2021: $16,755,144Expenses 2021: $15,540,065Net Income 2021: $1,215,0792021Revenue 2022: $35,974,267Expenses 2022: $35,327,136Net Income 2022: $647,1312022Revenue 2023: $50,332,903Expenses 2023: $49,195,159Net Income 2023: $1,137,7442023Revenue 2024: $47,627,854Expenses 2024: $43,311,664Net Income 2024: $4,316,1902024

Highlighted filing

2024

Revenue$47,627,854
Expenses$43,311,664
Net Income$4,316,190

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.6$8.85$17.7$47.6$43.3$4.32
2023Detailed filing. Detailed filing data is available for this year.$25.3$12.3$13.0$50.3$49.2$1.14
2022Detailed filing. Detailed filing data is available for this year.$24.4$13.0$11.3$36.0$35.3$0.65
2021Detailed filing. Detailed filing data is available for this year.$21.5$10.3$11.2$16.8$15.5$1.22
2020Detailed filing. Detailed filing data is available for this year.$19.6$9.35$10.2$25.9$25.1$0.81
2019Detailed filing. Detailed filing data is available for this year.$19.3$10.1$9.21$41.8$40.6$1.16
2018Detailed filing. Detailed filing data is available for this year.$19.2$11.4$7.82$36.6$36.4$0.27
2017Detailed filing. Detailed filing data is available for this year.$18.3$11.0$7.34$34.5$34.3$0.15
2016Detailed filing. Detailed filing data is available for this year.$18.4$11.8$6.61$34.9$34.5$0.41
2015Detailed filing. Detailed filing data is available for this year.$17.1$11.0$6.02$31.5$32.1$0.54
2014Detailed filing. Detailed filing data is available for this year.$17.5$10.9$6.57$32.8$32.8$0.00
2013Summary only. Only limited summary data is available for this year.$16.5$9.86$6.64$30.0$31.5$1.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$9.25$7.76$36.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$6.78$8.20$32.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$6.30$8.66$31.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jun 25, 2025
Return Version
2023v6.0
Gross Receipts
$58,717,856
Mission and Program Overview

Mission

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,128,318$12,676,853▲ $1,548,535
Savings and Temporary Cash Investments$4,805,685$4,859,431▲ $53,746
Land, Buildings, and Equipment, Net$3,511,651$4,534,624▲ $1,022,973
Pledges and Grants Receivable$3,695,552$3,131,413▼ $564,139
Prepaid Expenses and Deferred Charges$523,680$493,897▼ $29,783
Accounts Receivable$171,140$227,287▲ $56,147
Cash and Non-Interest-Bearing Accounts$10,292$6,915▼ $3,377
Total Assets$25,289,682$26,585,244▲ $1,295,562
Other Assets Total$1,443,364$654,824▼ $788,540
Liabilities
Accounts Payable and Accrued Expenses$4,059,366$3,766,825▼ $292,541
Mortgage Notes Payable Secured by Investment Property$2,883,264$2,823,777▼ $59,487
Deferred Revenue$4,835,256$1,539,715▼ $3,295,541
Other Liabilities$556,747$715,494▲ $158,747
Total Liabilities$12,334,633$8,845,811▼ $3,488,822
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,922,101$16,835,532▲ $4,913,431
Net Assets With Donor Restrictions$1,032,948$903,901▼ $129,047
Total Net Assets Fund Balance$12,955,049$17,739,433▲ $4,784,384
Total Liabilities and Net Assets / Fund Balance$25,289,682$26,585,244▲ $1,295,562

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,802,657$6,937,715$8,740,372
Equipment$251,783$2,501,038$2,752,821
Buildings$834,640$1,756,248$2,590,888
Land$1,395,695-$1,395,695
Other Land Buildings$249,849-$249,849

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$9,407,653-▲ $1,731,385-$11,078,112
2022$8,144,819-▲ $1,320,853-$9,407,653
2021$8,638,625-▼ $387,481$50,703$8,144,819
2020$8,080,586-▲ $962,483$350,015$8,638,625
2019$7,824,746-▲ $803,843$500,000$8,080,586
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
The Honorable Stuart HollidayCEOFT$307,558$119,586$427,144
Natalie Jones HallahanExec. Vice PresidentFT$232,935$75,359$308,294
Kelly CampagneChief Talent & Adm. OfficerFT$212,783$84,112$296,895
Puru TrivediVP, External & Corporate AffairsFT$200,383$87,818$288,201
Theresa FurmanCFOFT$211,086$61,750$272,836
Silbi StaintonSenior Director, Dev & PhilanthropyFT$161,067$58,525$219,592
Myra BestVP & Director, IvlpFT$144,615$45,787$190,402
Dallas PearsonDir., Financial Planning & AnalysisFT$136,141$50,746$186,887
Betelihem HaileDirector, FinanceFT$144,615$39,132$183,747
Frank JusticeVP, McdeFT$139,523$40,596$180,119
Terry HarveyVP, MccdFT$136,754$27,832$164,586

Board Members and Trustees

NameTitle
Sean C CahillChair - Facilities & Preservation
David BarrosseChair - Finance & Audit (as of 6/23)
The Honorable Dwight BushChair - Global Engagement
Soledad HurstChair - Gov. & Nominating
Fred HochbergChairman
Fred HumphriesCo-chair - Development
Heather FloranceCo-chair - Development
Stephanie RobinsonBoard Secretary
Megan BeyerBoard Secretary - Term Ended 6/4/24
Brad KnoxTrustee
Deborah LehrTrustee
Dede LeaTrustee
Jade ShieldsTrustee
Joe DalyTrustee
Jonathan KeidanTrustee
Katherine RiceTrustee
Lisa RossTrustee
Mauricio RamosTrustee
Michael AllenTrustee
Rebecca MurphyTrustee
Robert AbernethyTrustee
Roy KapaniTrustee
Scott SpectorTrustee
Sue Hostetler WrigleyTrustee
Teresa CarlsonTrustee
The Honorable Drew MaloneyTrustee
The Honorable Francisco SanchezTrustee
The Honorable Steve HiltonTrustee
Theresa Terri FarielloTrustee
Tim HwangTrustee
Tom MonahanTrustee
Bela BajariaTrustee - Term Ended 2/1/24
The Hon Daniel W YohannesTrustee - Term Ended 6/4/24

Highest Paid Contractors

ContractorServicesLocationCompensation
Reston Limosine & Travel Service INCTransportation Services45685 ELMWOOD COURT, Sterling, VA 20166$608,447
Awards Limosine & Travel Service INCTransportation Services1 BETHESDA METRO CENTER, Bethesda, MD 20814$466,905
Capital Communications Group INCSpeaking And Translation Services1701 PENNSYLVANIA AVENUE NW SUITE 2, Washington, DC 20006$259,684
Resources Global ProfessionalsAccounting ServicesPO BOX 740909, Los Angeles, CA 90074-0909$195,775
Rsm US LLPAudit And Tax Services1250 H ST SUITE 700, Washington, DC 20036$175,090
Revenue and Support

Revenue Composition

Contributions and Grants
$42,493,166
Program Service Revenue
$0
Investment Income
$1,488,679
Other Revenue
$3,646,009
All Other Contributions
$7,692,325
Change in Net Assets
$4,316,190

Audited Revenue Reconciliation

Revenue per Audited Statements
$47,971,192
Revenue Not Reported on Financial Statements
$-343,338
Revenue Not Reported on Form 990
$488,194
Other Revenue Adjustments
$-404,264
Total Revenue per Audited Statements
$48,459,386
Total Revenue per Form 990
$47,627,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,998,538
Salaries, Compensation, and Employee Benefits$16,996,347
Total Fundraising Expense$3,479,140
Grants and Similar Amounts Paid$2,316,779
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$17,196,773$31,973$50,481$17,279,227
Other Salaries and Wages$6,885,155$3,163,787$1,073,412$11,122,354
Fees for Services Other$1,801,860$882,870$223,031$2,907,761
Current Officers, Directors, Trustees, and Key Employees$467,458$1,225,415$570,134$2,263,007
Grants to Domestic Orgs$1,526,810--$1,526,810
Other Employee Benefits$737,375$435,417$153,257$1,326,049
Pension Plan Contributions$688,051$406,291$143,005$1,237,347
Payroll Taxes$582,533$343,983$121,074$1,047,590
Conferences and Meetings$662,733$78,621$260,973$1,002,327
Foreign Grants$789,969--$789,969
Occupancy$74,946$650,333$-6,092$719,187
Depreciation Depletion-$499,452-$499,452
Information Technology$79,183$363,185$43,460$485,828
Insurance$5,674$179,175-$184,849
Office Expenses$51,138$76,218$21,188$148,544
Fees for Services Legal$9,387$137,532-$146,919
Interest-$110,120-$110,120
Fees for Services Accounting-$90,400-$90,400
Fees for Service Investment Mgmnt Fees-$60,926-$60,926
Advertising$16,234$9,918$9,329$35,481
Other Expenses$4,102,122$-4,925,162$823,040$0
Total Functional Expenses$35,854,205$3,978,319$3,479,140$43,311,664

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$43,675,002
Total Expenses per Form 990$43,311,664
Expenses per Audited Statements$43,250,738
Expenses Not Reported on Form 990$424,264
Expenses Not Reported on Financial Statements$60,926
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Foundation for International Understanding Through StudentsPhiladelphia, PA501c3Program Support$567,918
Shippensburg UniversityShippensburg, PAGovProgram Support$211,026
University of Massachusetts AmherstShrewsbury, MAGovProgram Support$166,076
Board of Trustees of Michigan State UniversityEast Lansing, MI501c3Program Support$129,595
Dialogue InstitutePhoenix, AZGovProgram Support$121,150
Global Ties KcKansas City, MO501c3Program Support$108,142
Vermont Council on World AffairsBurlington, VT501c3Program Support$105,333
Northern Nevada International CenterReno, NV501c3Program Support$97,665
Northern Nevada International CenterLittle Rock, AR501c3Program Support$12,347
Arizona State UniversityPhoenix, AZGovProgram Support$5,518

International Summary

Offices
0
Employees
0
Spending
$3,037,049

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
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
Sub-saharan AfricaProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$427,423
East Asia and the PacificProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$375,285
Europe - Including Iceland & GreenlandProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$361,715
Middle East and North AfricaProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$303,413
Sub-saharan AfricaGrant Making-00$286,948
South AsiaProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$229,118
Russia and Neighboring StatesProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$225,706
South AmericaProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$177,397
Europe - Including Iceland & GreenlandGrant Making-00$138,230
Central America and the CaribbeanProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$81,036
East Asia and the PacificGrant Making-00$74,947
North America - Including Canada and MexicoProgram ServicesTransportation, Lodging and Other Expenses for Program Participants00$65,988
Russia and Neighboring StatesGrant Making-00$65,633
South AmericaGrant Making-00$60,994
Middle East and North AfricaGrant Making-00$60,502
South AsiaGrant Making-00$58,795
Central America and the CaribbeanGrant Making-00$38,453
North America - Including Canada and MexicoGrant Making-00$5,466
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$333,462
Fundraising Gross Income$90,900
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ball/summit$2,040,574$90,900$85,208$5,692
Total Events$2,040,574$90,900$333,462$-242,562
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 Comp Liability$450,027
Operating Lease Liability$203,449
Refundable Advance - Paycheck Protection$62,018
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

Meridian's process for the form 990 is to have the form reviewed by the cfo & ceo, followed by a review by the chairman of the finance and audit committee. The form is distributed to the board of trustees prior to filing.

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

Officers, directors and employees are required to disclose potential conflicts of interest to senior management as they arise. Conflict of interest statements are updated and signed by employees annually. Trustees are required to disclose potential conflicts upon joining the board of trustees and thereafter if something changes. Actual conflicts of trustees are reported to the board of trustees. The senior management team meets as needed and consistently monitors and enforces compliance with the policy. Persons with a conflict are prohibited from all deliberations and decisions related to the transaction involving the conflict.

Form 990, Part VI, Section B, Line 15

Ceo compensation is determined by independent trustees through a compensation committee, which reviews comparable salary information from other organizations, discusses this information and documents its decision in contemporaneous minutes. Compensation for officers or key employees is determined by the executive vice president and the chief talent & administrative officer.

Form 990, Part VI, Section C, Line 19

Meridian makes its governing documents, conflict of interest policy, and financial statements available to the public for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
Meridian International Center
EIN
53-0259663
Phone
2029395532
Address
1630 CRESCENT PLACE NW, WASHINGTON, DC 20009

Signing Officer

Name
Theresa Furman
Title
Chief Financial Officer
Phone
2029395532
Signed
2025-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stuart Holliday
Formed
1960
Legal Domicile
Dc
Voting Board Members
32
Independent Board Members
31
Employees
205
Volunteers
33

Preparer

Firm
Rsm US Llp
Address
1001 WATER ST STE 500, TAMPA, FL 33602
Preparer
Kristen Barnett
Phone
8133162300
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1:

Meridian international center is a nonpartisan diplomacy institution founded in 1960 to advance american leadership. Headquartered on a historic campus in washington dc, our mission is to empower leaders to advance the next era of diplomacy for a better future. In an era of geopolitical volatility and rapid change, meridian is expanding diplomacy beyond traditional government channels to business, technology and innovation, states and cities and sports and culture. Leaders of these sectors are on the frontlines of global challenge and play a vital role in shaping the future of american engagement-driving u.s. Economic growth, security, and innovation through international partnerships. Meridian's role is to equip and prepare leaders with the insights, networks and resources that they need to navigate a complex global future. Our impact cuts across three strategic priority areas: us competitiveness, fueling american economic growth and innovation; geopolitical resilience; and strengthening alliances and partnerships. The impact of our work cuts across our three strategic priority areas: strategic priority 1: u.s. Competitiveness: fueling american economic growth and innovation - the meridian center for corporate diplomacy is washington's leading platform for commercial diplomacy, connecting global business leaders with diplomats and policymakers to navigate international markets and advance shared economic and geopolitical goals. Acting as a bridge between the private sector and the international affairs community, the center fosters dialogue on issues such as regulatory frameworks, global supply chains, emerging technologies, foreign direct investment, and market access. Strategic priority 2: geopolitical resilience: empowering leaders and organizations to anticipate, adapt and respond to global disruptions - the meridian center for diplomatic engagement serves as a hub for education and collaboration between the international diplomatic corps and u.s. Public and private sectors on emerging global issues. Strategic priority 3 - alliances & partnerships: strengthening international collaboration to tackle shared global challenges - as a partner to the u.s. Department of state, the meridian center for global leadership develops and implements international exchange and training programs to strengthen collaboration between the u.s. And the world. These exchanges foster alignment with u.s. Values and interests while generating economic impacteach visitor contributes to the local economy through travel, lodging, and professional services across dozens of u.s. Cities.

FORM 990, PART XII, LINE 2C:

The process for overseeing the audit of the financial statements and selection of an independent accountant is consistent with prior years.

Financial Statement Notes

PART III, LINE 4:

The collection of artwork and antiques is maintained in meridian's historical houses. It is available for public exhibition upon request and is being preserved for future generations.

PART V, LINE 4:

To preserve and optimize funds available for current and future needs while preserving principle. The board of trustees uses its discretion to allow strategic use of funds for operations and preservation of historic facilities.

PART X, LINE 2:

Meridian is recognized as exempt from federal income taxes under section 501(c)(3) of the internal revenue code except for unrelated business income. Meridian has processes presently in place to ensure the maintenance of its tax-exempt status: to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses reported on part viii, line 8b -333,462. Rental expenses reported on part viii, line 6b -70,802.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses reported on part viii, line 8b 333,462. Rental expenses reported on part viii, line 6b 70,802.

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