THE INSTITUTE FOR LAW AND STRATEGY

EIN: 844100002 501(c)(3) Civil Rights & Advocacy

AUSTIN, TX

Total Revenue
$750,000
Total Expenses
$383,611
Total Assets
$1,029,560
Net Assets
$1,029,460
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TX
Principal Officer
PHILIP BOBBITT
Phone
5129708314
Tax Period
2024-01-01 to 2024-12-31

THE INSTITUTE FOR LAW AND STRATEGY, founded in 2019, is a small nonprofit in the Civil Rights & Advocacy sector that reported $750K in total revenue in fiscal year 2024. Revenue surged 300% from the prior year, signaling strong growth momentum. The organization ran a surplus of $366K, a strong 49% operating margin.

Mission

THIS INSTITUTE, UNLIKE MANY INSTITUTIONS CONCERNED WITH LAW AND PUBLIC AFFAIRS, WILL NOT DEVOTE ITSELF TO ADVOCACY OR LOBBYING, TO LITIGATION, OR TO HOLDING LARGE-SCALE PUBLIC EVENTS. RATHER, IT WILL FOCUS ON COLLABORATION WITH ESTABLISHED ACADEMIC DEPARTMENTS AND PUBLIC POLICY SCHOOLS, THINK-TANKS, POLICYMAKERS AND EXECUTIVE OFFICERS IN GOVERNMENT, AND GOVERNMENT ENTITIES TO UNDERTAKE EDUCATIONAL PROGRAMS IN ITS FIELD OF STUDY: THE INTERSECTION OF LAW AND STRATEGY. IN ALL INSTANCES, THE INSTITUTE WILLEMPHASIZE THE GENERATION AND CULTIVATION OF TOP-FLIGHT THINKING ON AMERICAN LAW AND NATIONAL SECURITY AS THESE SUBJECTS INTERSECT. THE INSTITUTE WILL UNDERTAKE ITS WORK THROUGH THE PARTICIPATION OF THOSE WHO MOST NEED TO SEE IT IN GOVERNMENT, ACADEMIA, AND THE MEDIA, SO THAT IT CAN INFORM AND ENRICH THEIR WORK IN GOVERNMENT AND POLICY. THE INSTITUTE PLANS TO ALSO MAKE ITS WORK AVAILABLE TO INTERESTED MEMBERS OF THE PUBLIC THROUGH PUBLICATIONS.

Program Service Accomplishments

Program 1
Expenses: $13,504

THE INSTITUTE HOSTED EIGHT MEETINGS IN 2024, STRUCTURED AS ONE DAY SEMINARS ON SPECIFIC TOPICS WITHIN THE INSTITUTE'S FIELD OF STUDY, ATTENDED BY ITS FELLOWS, BY INVITED PARTICIPANTS WITH SPECIAL...

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THE INSTITUTE HOSTED EIGHT MEETINGS IN 2024, STRUCTURED AS ONE DAY SEMINARS ON SPECIFIC TOPICS WITHIN THE INSTITUTE'S FIELD OF STUDY, ATTENDED BY ITS FELLOWS, BY INVITED PARTICIPANTS WITH SPECIAL KNOWLEDGE, EXPERTISE, AND ROLES IN ITS FIELD OF STUDY, AND BY EXPERT SPEAKERS AND OTHER PRESENTERS OF MATERIAL COVERED IN THE MEETING. THESE MEETINGS FURTHER THE INSTITUTE'S EDUCATIONAL PURPOSES (I) BY BRINGING NEW, MORE FULLY RESEARCHED, AND MORE DEVELOPED IDEAS AND INFORMATION TO MEMBERS OF THE STRATEGIC, DIPLOMATIC, ACADEMIC, POLICY, LEGAL, AND MEDIA COMMUNITIES FOR USE IN THEIR WORK, AND (II) BY PROVIDING A FORUM FOR THOSE INDIVIDUALS AND ORGANIZATIONS TO IDENTIFY AREAS AND ISSUES THAT ARE GERMANE TO THEIR WORK FOR FURTHER EXPLORATION BY THE INSTITUTE.SUMMARY OF 2022 MEETINGS OF THE FELLOWS:DATE: FEBRUARY 12, 2024LOCATION: AUSTIN, TEXASTOPIC: GEOPOLITICAL CHANGES AND THEIR CONSEQUENCES FOR DEVELOPMENTOUR PRINCIPAL SPEAKER WAS JAMIE GALBRAITH, THE LLOYD M. BENTSEN, JR. CHAIR IN GOVERNMENT AT THE LBJ SCHOOL OF PUBLIC AFFAIRS.DATE: APRIL 30, 2024LOCATION: AUSTIN, TEXASTOPIC: US PRESIDENTIAL IMMUNITY FROM CRIMINAL LIABILITYOUR PRINCIPAL SPEAKERS WERE SANFORD LEVINSON, THE W. ST. JOHN GARWOOD, JR. CENTENNIAL CHAIR IN LAW; STEPHEN VLADECK, CHARLES ALAN WRIGHT CHAIR IN FEDERAL COURTS ; BARTOLOMEW SPARROW, PROFESSOR OF GOVERNMENT; AND JEFFREY TULIS, PROFESSOR OF GOVERNMENT, PROFESSOR OF LAW & PROFESSOR OF COMMUNICATION STUDIES.DATE: MAY 23, 2024LOCATION: NEW YORK, NEW YORKTOPIC: CHINA, THE USA AND AUKUS - A VIEW FROM SYDNEYOUR PRINCIPAL SPEAKER WAS DR. MICHAEL FULLILOVE, THE EXECUTIVE DIRECTOR OF THE LOWY INSTITUTE IN AUSTRALIA, FORMER ADVISOR TO AUSTRALIAN PRIME MINISTER PAUL KEATING, A FELLOW AT THE BROOKINGS INSTITUTION, AND A MEMBER OF THE COUNCIL OF THE INTERNATIONAL INSTITUTE FOR STRATEGIC STUDIES IN THE UK.DATE: JULY 9, 2024LOCATION: LONDON, ENGLANDTOPIC: - ECONOMIC CHALLENGES AFTER THE ELECTIONS IN EUROPEOUR PRINCIPAL SPEAKER WAS LORD MERVYN KING , KG, GBE, FBA, AND FORMER GOVERNOR OF THE BANK OF ENGLAND.DATE: JULY 30, 2024LOCATION: LONDON, ENGLANDTOPIC: THE WAR IN UKRAINE: ITS PROSPECTS AND CHALLENGESOUR PRINCIPAL SPEAKER WAS GENERAL SIR RUPERT SMITH, KCB, DSO & BAR, OBE, QGM, AND FORMER DEPUTY SUPREME ALLIED COMMANDER EUROPE.DATE: SEPTEMBER 20, 2024LOCATION: NEW YORK, NEW YORKTOPICS: SCENARIO PLANNING AND SCENARIOS TREATING THE GEOPOLITICAL FUTURE OF CHINAOUR PRINCIPAL SPEAKER WAS CHO KHONG, FORMERLY WITH THE ROYAL DUTCH SHELL GLOBAL FUTURES GROUP, AND CURRENTLY TEACHING COURSES ON SCENARIOS AND FUTURES THINKING IN SINGAPORE AND IN OXFORD. DATE: OCTOBER 18, 2024LOCATION: LONDON, ENGLANDTOPICS: PROSPECTS FOR A NEW WORLD WAROUR PRINCIPAL SPEAKER WAS SIR LAWRENCE FREEDMAN, KCMG, CBE, PC, FBA, FORMERLY PROFESSOR OF WAR STUDIES AT KING'S COLLEGE, LONDON AND HEAD OF THAT DEPARTMENT.DATE: NOVEMBER 20, 2024LOCATION: NEW YORK, NEW YORKTOPICS: IMPLICATIONS OF THE RECENT AMERICAN PRESIDENTIAL ELECTIONOUR PRINCIPAL SPEAKERS WERE BENJAMIN WITTES, EDITOR IN CHIEF OF LAWFARE AND SENIOR FELLOW IN GOVERNANCE STUDIES AT THE BROOKINGS INSTITUTION, AND JULIAN ZELIZER, PROFESSOR OF POLITICAL HISTORY AND AUTHOR AT PRINCETON UNIVERSITY.

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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 $750,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $750,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $367,700
Fundraising Expenses $0
Program Expenses $13,504
Other Expenses $15,911
TOTAL EXPENSES $383,611

Year-over-Year Comparison

2024 2023 Change
Revenue $750,000 $187,500 +3.0%
Expenses $383,611 $457,873 -0.2%
Net Income $366,389 $-270,373 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
2
Employees
N/A
Volunteers
N/A

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
2
$350,000
Total Directors
4
$350,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP BOBBITT PRESIDENT 10.00
Officer Director
$350,000 $0 $350,000
MAYA BOBBITT SECRETARY 0.25
Officer Director
$0 $0 $0
JEROME DAVIS TRUSTEE 1.00
Director
$0 $0 $0
GREGORY TEVERTON TRUSTEE 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 $750,000 $383,611 $1,029,560 $366,389
2023 $187,500 $457,873 $667,051 $-270,373
2022 $750,000 $418,531 $937,424 $331,469
2021 $1,000,050 $398,075 $605,955 $601,975
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