Institute for Global Affairs Inc

EIN: 811614189 501(c)(3) International Affairs

New York, NY

Total Revenue
$1,161,293
Total Expenses
$1,177,256
Total Assets
$679,725
Net Assets
$611,038
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
DE
Principal Officer
MARK HANNAH
Phone
2027653177
Tax Period
2024-01-01 to 2024-12-31

Institute for Global Affairs Inc, founded in 2016, is a community nonprofit in the International Affairs sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

Foreign policy appears complicated and distant from our everyday lives. It can be a challenge to find trustworthy information to approach challenges with the same facts. IGA is a nonpartisan, nonprofit organization that works to connect people to the geopolitical issues shaping their world. IGA makes seemingly complex international issues accessible through jargon-free, approachable content and accessible education materials. 1. Drive awareness by elevating geopolitics and global affairs as relevant, essential, and accessible to individuals, organizations, and communities everywhere. 2. Increasing understanding and expand knowledge of geopolitics and global affairs among the public, particularly young people and historically marginalized and underrepresented groups. 3. Supporting action and enabling people everywhere to bring an understanding of geopolitics and global affairs into their daily lives and decision-making.

Program Service Accomplishments

Program 1
Expenses: $674,387

IGA connects people across the world to the geopolitical issues that impact their lives through research, outreach, and education. In 2024 IGA worked on four main projects: 1. Research. IGA conducts...

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IGA connects people across the world to the geopolitical issues that impact their lives through research, outreach, and education. In 2024 IGA worked on four main projects: 1. Research. IGA conducts high-quality, objective research which both increases the public's understanding of international politics and informs policy makers. Independent America is a multi-year research project that explores how US foreign policy could be tailored better to new global realities and to the preferences of American voters and perceptions of citizens across the globe of American-style democracy. In 2024 we released two substantial surveys which were received with a lot of interest and have been widely cited in media. 2. Outreach. IGA works to increase public interest in and awareness of global affairs. We amplify diverse perspectives and the voices of thinkers traditionally underrepresented in international affairs to nurture a more inclusive and open community of foreign policy experts in the United States and around the globe. Through extensive media engagement, engaging videos, publications, articles, editorials, social media engagement, and our very own podcast, organization is making relevant issues accessible and understandable. 3. Education. IGA creates opportunities for people, particularly underserved youth, to access quality, easy-to-use learning materials and curricula on global affairs for use in the classroom and on the go. In the past year we developed and launched series of free micro-lessons that can be easily accessed and consumed to help users quickly get up to speed on the foreign policy and national security issues. 4. IGA is continuing its efforts to explore the impact of the digital revolution (and AI in particular) on our civic life and the ways we live, work, and communicate. This analysis and exploration are seeking to understand both incredible potential of technologies to help billions of people live happier, healthier, and more productive lives and also the newly created challenges for citizens and governments around the world.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,136,824
Program Service Revenue $0
Investment Income $24,469
Other Revenue $0
TOTAL REVENUE $1,161,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $833,807
Fundraising Expenses $111
Program Expenses $674,387
Other Expenses $343,449
TOTAL EXPENSES $1,177,256

Year-over-Year Comparison

2024 2023 Change
Revenue $1,161,293 $1,275,394 -0.1%
Expenses $1,177,256 $1,379,093 -0.1%
Net Income $-15,963 $-103,699 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

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Governance

Voting Members
10
Independent Members
9
Employees
7
Volunteers
10

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
3
$329,246
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Hannah Exec. Director 9/24 to 12/24 40.0
Officer
$278,333 $50,913 $329,246
Allyn Summa Exec. Director 1/24 to 9/24 40.0
$173,600 $20,847 $194,447
IAN BREMMER Board President 5.0
Officer Director
$0 $0 $0
ZACHARY KARABELL BOARD CHAIR 0.5
Officer Director
$0 $0 $0
SALLIE KRAWCHECK Director 0.5
Director
$0 $0 $0
BETTY LIU Director 0.5
Director
$0 $0 $0
MAZIAR MINOVI Director 0.5
Director
$0 $0 $0
NIKO PFUND Director 0.5
Director
$0 $0 $0
JOE SCHOENDORF Director 0.5
Director
$0 $0 $0
LUCAS WITTMANN DIRECTOR 0.5
Director
$0 $0 $0
GREGORY BOYLE Director 0.5
Director
$0 $0 $0
RICHARD LORENZEN Director (THRU 12/31/2024) 0.5
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 $1,161,293 $1,177,256 $679,725 $-15,963
2023 $1,275,394 $1,379,093 $712,185 $-103,699
2022 $1,315,505 $1,249,323 $776,709 $66,182
2021 $1,068,150 $976,740 $704,541 $91,410
2020 $575,230 $821,404 $603,745 $-246,174
2019 $495,553 $737,979 $824,403 $-242,426
2018 $359,526 $772,350 $1,083,759 $-412,824
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