The Panetta Institute for Public P… - Form 990 Financial Data

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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

1998

Legal Domicile

Principal Officer

Sylvia M Panetta

Phone

8315824200

Tax Period

2023-01-01 to 2023-12-31

The Panetta Institute for Public Policy, founded in 1998, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $526K, a strong 18% operating margin.

Mission

AS A NONPARTISAN CENTER FOR THE STUDY OF PUBLIC POLICY, THE PANETTA INSTITUTE HELPS OUR COMMUNITIES AND THE COUNTRY MEET THE CHALLENGES OF THE 21 ST CENTURY WORKING PARTICULARLY TO ATTRACT THOUGHTFUL YOUNG PEOPLE TO LIVES OF PUBLIC SERVICE, HELPING THEM EXPAND THEIR KNOWLEDGE OF THE POLICY PROCESS AND DEVELOP THEIR SKILLS AS FUTURE LEADERS.

Program Service Accomplishments

Program 1

Expenses: $963,570

FORM 990, PART III, LINE 4A:LEON PANETTA LECTURE SERIES - EACH SPRING THE PANETTA INSTITUTE BRINGS TOGETHER NATIONALLY KNOWN GOVERNMENT AND POLICY LEADERS TO DISCUSS CURRENT ISSUES WITH CENTRAL COAST STUDENTS AND MEMBERS OF THE COMMUNITY. THE PROGRAMS ARE BROADCAST THROUGHOUT CALIFORNIA. BY THE END OF THE 2023 SEASON, MORE THAN 274 SPEAKERS HAD PARTICIPATED IN THE TWENTY-SIX YEARS OF THIS PROGRAM. ALL FOUR LECTURES WERE HELD IN PERSON IN 2023.

Program 2

Expenses: $647,862

Form 990, Part III, Line 4b:CONGRESSIONAL INTERNSHIP PROGRAM - THIS PROGRAM HAS DEVELOPED A REPUTATION AS THE PREMIER INTERN PROGRAM IN THE NATION AND PROVIDES AN OPPORTUNITY FOR QUALIFIED STUDENTS FROM ALL ECONOMIC BACKGROUNDS TO WORK IN WASHINGTON, D.C., AND PARTICIPATE IN THE DEMOCRATIC PROCESS FIRST HAND. BY 2023,577 STUDENTS HAD BEEN PLACED IN THE OFFICES OF MEMBERS OF THE CALIFORNIA CONGRESSIONAL DELEGATION THROUGH THIS PROGRAM. IN 2023,25 STUDENTS WERE PLACED IN CONGRESSIONAL OFFICES.

Program 3

Expenses: $207,856

Form 990, Part III, Line 4c:YOUTH CIVIC ENGAGEMENT RESEARCH:EVERY SPRING,THE INSTITUTE CONDUCTS A NATIONWIDE SURVEY OF COLLEGE STUDENTS TO HELP GUIDE THE CURRICULUM AND PROGRAMS, THIS STUDY EXPLORES THE ATTITUDES AND OPINIONS OF COLLEGE STUDENTS ON MANY TOPICS, INCLUDING CURRENT NATIONAL AND INTERNATIONAL ISSUES, SOCIAL, POLITICAL AND ECONOMIC TRENDS, LEVEL OF POLITICAL INVOLVEMENT AND CAREER EXPECTATIONS. FOR TWENTY-FOUR YEARS, THE INSTITUTE'S NATIONWIDE POLL HAS BECOME A HIGHLY RESPECTED SOURCE OF INFORMATION FOR ACADEMICS, RESEARCHERS, POLITICAL SCIENTISTS, AND POLICY MAKERS AND JOURNALISTS INTERESTED IN ANALYZING TWO DECADES OF COLLECTED DATA.SEE SCHEDULE O FOR ADDITONAL PROGRAM SERVICE ACTIVITIES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,431,147

Program Service Revenue $257,500

Investment Income $294,442

Other Revenue $4,224

TOTAL REVENUE $2,987,313

Expense Breakdown

Grants Paid $519,298

Salaries & Benefits $807,858

Fundraising Expenses $114,075

Program Expenses $2,085,661

Other Expenses $1,133,781

TOTAL EXPENSES $2,460,937

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,987,313	$2,643,545	+0.1%
Expenses	$2,460,937	$1,690,431	+0.5%
Net Income	$526,376	$953,114	-0.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Secretary Leon E Panetta	Chairman & Director	20.00	Officer Director	$0	$0	$0
Sylvia M Panetta	Co-Chair & CEO & Director	40.00	Officer Director	$0	$0	$0
Catherine C Brock	Secretary & Director	1.00	Officer Director	$0	$0	$0
Ted J Balestreri	Treasurer & Director	1.00	Officer Director	$0	$0	$0
David J Benjamin III	Director	1.00	Director	$0	$0	$0
George W Couch III	Director	1.00	Director	$0	$0	$0
Tonya A Antle	Vice Chair & Director	1.00	Officer Director	$0	$0	$0
Rhonda A Williams	Director	1.00	Director	$0	$0	$0
Donald Chapin Jr	Director	1.00	Director	$0	$0	$0
Simon Salinas	Director	1.00	Director	$0	$0	$0
Gordon E Eubanks Jr	Director	1.00	Director	$0	$0	$0
Stanley J Meresman	Director	1.00	Director	$0	$0	$0
Bettye Saxon	Director	1.00	Director	$0	$0	$0
Dorian Daley	Director	1.00	Director	$0	$0	$0

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	$2,987,313	$2,460,937	$15,205,703	$526,376
2022	$2,622,045	$1,625,141	$13,711,004	$996,904
2021	$3,041,355	$1,682,810	$13,920,519	$1,358,545
2020	$2,772,884	$1,263,661	$11,636,831	$1,509,223
2019	$3,862,378	$2,234,487	$9,497,775	$1,627,891
2018	$2,981,712	$2,062,577	$7,148,394	$919,135

The Panetta Institute for Public Policy