LUCY BURNS INSTITUTE INC

EIN: 208036372 501(c)(3) Public & Societal Benefit

MIDDLETON, WI

Total Revenue
$8,728,531
Total Expenses
$8,657,417
Total Assets
$5,877,676
Net Assets
$5,454,270
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
WI
Principal Officer
GWEN BEATTIE
Phone
6082550688
Tax Period
2023-01-01 to 2023-12-31

LUCY BURNS INSTITUTE INC, founded in 2006, is a community nonprofit in the Public & Societal Benefit sector that reported $8.7M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

BALLOTPEDIA IS THE DIGITAL ENCYCLOPEDIA OF AMERICAN POLITICS AND THE NATION'S PREMIER RESOURCE FOR UNBIASED INFORMATION ON ELECTIONS, POLITICS, AND POLICY. WE PROVIDE OUR READERS WITH CURATED CONTENT ON ALL LEVELS OF U.S. POLITICS THAT IS RELEVANT, RELIABLE, AND AVAILABLE FOR ALL. IN ADDITION, BALLOTPEDIA'S POLICY CONTENT AND ASSETS ARE A GATEWAY TO LEARNING ABOUT PUBLIC POLICY AND AN UNPARALLELED RESOURCE FOR CLEAR, COMPREHENSIVE, AND FACTUAL INFORMATION ON KEY POLICY AREAS. WE ARE FIRMLY COMMITTED TO NEUTRALITY IN ALL OUR CONTENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,176,771
Program Service Revenue $2,014,648
Investment Income $240,786
Other Revenue $296,326
TOTAL REVENUE $8,728,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,146,156
Fundraising Expenses $70,818
Program Expenses $8,025,273
Other Expenses $2,511,261
TOTAL EXPENSES $8,657,417

Year-over-Year Comparison

2023 2022 Change
Revenue $8,728,531 $9,266,167 -0.1%
Expenses $8,657,417 $7,825,584 +0.1%
Net Income $71,114 $1,440,583 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
117
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$454,649
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE BARNHART CHAIRMAN 1.00
Officer Director
$0 $0 $0
TIM DUNN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
STEVEN NEMEROVSKI TREASURER 1.00
Officer Director
$0 $0 $0
DAN LILJENQUIST SECRETARY 1.00
Officer Director
$0 $0 $0
TODD GRAVES BOARD MEMBER 1.00
Director
$0 $0 $0
ANA ZABLAH-MONROE BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE GRAVES PRESIDENT/CEO 40.00
Officer
$224,385 $0 $224,385
GWEN BEATTIE COO 40.00
Officer
$114,376 $9,946 $124,322
MEGHANN OLSHEFSKI DIRECTOR-OPERATIONS 40.00
Officer
$105,942 $0 $105,942
KEN CARBULLIDO VP ELECTION PRODUCT & TECH STRATEGY 40.00
Highest
$152,500 $0 $152,500
MATTHEW LATOURELLE DIRECTOR OF TECHNOLOGY OPERATIONS 40.00
Highest
$132,365 $0 $132,365
DANIEL ANDERSON MANAGING EDITOR-ELECTIONS 40.00
Highest
$112,371 $7,173 $119,544
GEOFF PALLAY EDITOR IN CHIEF 40.00
Highest
$113,192 $0 $113,192
JOSH ALTIC DIRECTOR OF RESEARCH 40.00
Highest
$107,097 $0 $107,097
MICHELLE ROBINSON SENIOR PRODUCT MANAGER 40.00
$134,395 $0 $134,395
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $8,728,531 $8,657,417 $5,877,676 $71,114
2022 $9,266,167 $7,825,584 $5,978,813 $1,440,583
2021 $6,584,157 $6,133,418 $4,314,081 $450,739
2020 $8,077,749 $6,305,547 $3,815,559 $1,772,202
2019 $5,370,976 $4,725,490 $1,933,871 $645,486
2018 $4,607,131 $4,952,895 $1,227,639 $-345,764
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