PUBLIC POLICY INSTITUTE OF CALIFORNIA

EIN: 943207299 501(c)(3)

SAN FRANCISCO, CA

Total Revenue
$36,412,109
Total Expenses
$24,199,664
Total Assets
$371,918,499
Net Assets
$368,661,975
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
CA
Principal Officer
TANI CANTIL-SAKAUYE
Phone
4152914400
Tax Period
2024-07-01 to 2025-06-30

PUBLIC POLICY INSTITUTE OF CALIFORNIA, founded in 1994, is a mid-sized nonprofit that reported $36.4M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.2M, a strong 34% operating margin.

Mission

PPIC IS A NONPROFIT, NONPARTISAN THINK TANK DEDICATED TO INFORMING AND IMPROVING PUBLIC POLICY IN CALIFORNIA THROUGH RIGOROUS, INDEPENDENT, OBJECTIVE RESEARCH. PPIC IS COMMITTED TO PROVIDING DATA-DRIVEN INFORMATION THAT ENCOURAGES PRODUCTIVE DIALOGUE AND INSPIRES SUSTAINABLE POLICY SOLUTIONS IN SACRAMENTO AND AROUND THE STATE. PPIC'S CENTRAL AUDIENCES ARE CALIFORNIA'S ELECTED OFFICIALS AND POLICYMAKERS AT THE LOCAL, STATE, AND FEDERAL LEVELS. PPIC ALSO INFORMS KEY POLICY INFLUENCERS-FROM TRADITIONAL AND SOCIAL MEDIA TO LEADERS IN THE BUSINESS AND NONPROFIT COMMUNITIES. PPIC DOES NOT TAKE OR SUPPORT POSITIONS ON ANY BALLOT MEASURES OR ON ANY LOCAL, STATE, OR FEDERAL LEGISLATION, NOR DOES IT ENDORSE, SUPPORT, OR OPPOSE ANY POLITICAL PARTIES OR CANDIDATES FOR PUBLIC OFFICE.

Program Service Accomplishments

Program 1
Expenses: $18,126,292 Revenue: $60

PPIC IS COMMITTED TO PROVIDING ESSENTIAL INFORMATION AND FRAMING POLICY DEBATES TO SHAPE A BETTER FUTURE FOR CALIFORNIA. WE IDENTIFY PRACTICAL, FORWARD-LOOKING APPROACHES TO CALIFORNIA'S MOST...

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PPIC IS COMMITTED TO PROVIDING ESSENTIAL INFORMATION AND FRAMING POLICY DEBATES TO SHAPE A BETTER FUTURE FOR CALIFORNIA. WE IDENTIFY PRACTICAL, FORWARD-LOOKING APPROACHES TO CALIFORNIA'S MOST PRESSING CHALLENGES. OUR PUBLICATIONS RANGE FROM ONE-PAGE FACT SHEETS TO COMPREHENSIVE, IN-DEPTH REPORTS; ALL PUBLICATIONS ARE AVAILABLE ON PPIC'S WEBSITE - PPIC.ORG - FREE OF CHARGE. ON AVERAGE, PPIC PRODUCES 80 PUBLICATIONS PER YEAR. THE PPIC BLOG OFFERS TIMELY COMMENTARY AND ANALYSIS. OUR BLOG PRODUCES CLOSE TO 175 POSTS ANNUALLY, WHICH ARE WIDELY DISTRIBUTED THROUGH OUR EMAIL MARKETING AND SOCIAL MEDIA CHANNELS. WE REGULARLY BRING LEADERS AND STAKEHOLDERS TOGETHER AT PUBLIC EVENTS TO INSPIRE NEW THINKING AND FIND INNOVATIVE ANSWERS TO CRITICAL POLICY QUESTIONS. WE HOST APPROXIMATELY 30 HIGH-PROFILE EVENTS - BOTH IN-PERSON AND ONLINE - EACH YEAR, WITH HUNDREDS OF PARTICIPANTS AT EACH CONVENING. WE ARE ROUTINELY CITED IN NATIONAL AND STATE MEDIA ARTICLES, AVERAGING 15,000 PER YEAR. AROUND 2.2 MILLION PAGES ARE VIEWED ON OUR WEBSITE. WE POST APPROXIMATELY 3,500 TIMES ON OUR SOCIAL MEDIA CHANNELS, RESULTING IN NEARLY 1,500,000 IMPRESSIONS ANNUALLY. OUR RESEARCHERS TESTIFY REGULARLY AT LEGISLATIVE HEARINGS AND PPIC RESEARCH IS CITED IN THE TEXT OF OVER 100 BILLS OR BILL ANALYSES PER TWO-YEAR LEGISLATIVE CYCLE. PPIC'S WORK IS DEFINED BY THREE STRATEGIC PRIORITIES: - IMPROVING OPPORTUNITY FOR CALIFORNIANS - WE ENCOURAGE THE DEVELOPMENT OF POLICIES THAT IMPROVE THE WELL-BEING OF ALL CALIFORNIANS. AREAS OF FOCUS INCLUDE EDUCATION, THE SAFETY NET, CRIMINAL JUSTICE, AND WATER, LAND, AND AIR. - UNDERSTANDING CALIFORNIA'S FUTURE - WE ANALYZE KEY DEMOGRAPHIC, ECONOMIC, ENVIRONMENTAL, AND POLITICAL TRENDS TO ANTICIPATE MAJOR CHALLENGES AND IDENTIFY PRACTICAL POLICY SOLUTIONS. - INFORMING CIVIC LIFE - OUR STATEWIDE SURVEY PROVIDES A VOICE FOR CALIFORNIANS ON CRITICAL ISSUES AND OUR PUBLIC EVENTS PROMOTE CONSTRUCTIVE DIALOGUE TO HELP REALIZE CALIFORNIA'S POTENTIAL. IN ADDITION, PPIC HOUSES FOUR POLICY CENTERS. THE PPIC ECONOMIC POLICY CENTER INSPIRES PRACTICAL POLICY SOLUTIONS THAT PROMOTE A ROBUST, RESILIENT ECONOMY, IMPROVING THE PROSPECTS OF WORKERS, FAMILIES, AND BUSINESSES STATEWIDE. THE PPIC HIGHER EDUCATION CENTER ADVANCES PRACTICAL SOLUTIONS THAT ENHANCE EDUCATIONAL OPPORTUNITIES FOR ALL OF CALIFORNIA'S STUDENTS - IMPROVING LIVES AND EXPANDING ECONOMIC GROWTH ACROSS THE STATE. THE PPIC STATEWIDE SURVEY PROVIDES A VOICE FOR THE PUBLIC ON CALIFORNIA'S KEY POLICY ISSUES. THE PPIC WATER POLICY CENTER SPURS INNOVATIVE WATER MANAGEMENT SOLUTIONS THAT SUPPORT A HEALTHY ECONOMY, ENVIRONMENT, AND SOCIETY. OUR EXTENSIVE OUTREACH ACTIVITIES BRING PPIC'S WORK TO AN EVER-EXPANDING AUDIENCE IN SACRAMENTO AND BEYOND. OUR EVENTS FEATURE VIEWPOINTS ACROSS THE POLITICAL SPECTRUM, PROMOTING CONSTRUCTIVE, THOUGHTFUL, AND RESPECTFUL DIALOGUE ON THE ISSUES THAT MATTER MOST TO CALIFORNIA. THROUGH OUR WEBSITE AND PUBLIC EVENTS, PPIC AIMS TO BE AN INFORMATION RESOURCE FOR ENGAGED CALIFORNIANS ACROSS THE STATE. OUR CENTRAL AUDIENCES ARE CALIFORNIA'S ELECTED OFFICIALS AND POLICYMAKERS AT THE LOCAL, STATE, AND FEDERAL LEVELS. THESE LEADERS ROUTINELY DRAW ON PPIC RESEARCH TO MAKE VITAL POLICY CHOICES ON A WIDE RANGE OF TOPICS. OUR WORK IS REGULARLY CITED IN BILL ANALYSES AND OUR EXPERTS ARE OFTEN INVITED TO TESTIFY BEFORE THE STATE LEGISLATURE AND OTHER GOVERNMENTAL ENTITIES. PPIC RECEIVES GENEROUS SUPPORT FROM FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS. OUR ENDOWMENT ALSO SUPPORTS RESEARCH AND OTHER CRITICAL ACTIVITIES. PPIC IS A 501(C)(3) PUBLIC CHARITY AND DOES NOT TAKE OR SUPPORT POSITIONS ON ANY BALLOT MEASURES OR ON ANY LOCAL, STATE, OR FEDERAL LEGISLATION, NOR DOES IT ENDORSE, SUPPORT, OR OPPOSE ANY POLITICAL PARTIES OR CANDIDATES FOR PUBLIC OFFICE. PPIC WAS ESTABLISHED IN 1994 WITH A GIFT FROM WILLIAM R. HEWLETT. TANI CANTIL-SAKAUYE IS PRESIDENT AND CEO AND OPHELIA BASGAL IS CHAIR OF THE BOARD OF DIRECTORS. PPIC HAS OFFICES IN SAN FRANCISCO AND SACRAMENTO.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,629,877
Program Service Revenue $0
Investment Income $34,148,388
Other Revenue $-2,366,156
TOTAL REVENUE $36,412,109

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,498,720
Fundraising Expenses $834,881
Program Expenses $18,126,292
Other Expenses $7,700,944
TOTAL EXPENSES $24,199,664

Year-over-Year Comparison

2024 2023 Change
Revenue $36,412,109 $19,371,773 +0.9%
Expenses $24,199,664 $23,588,820 +0.0%
Net Income $12,212,445 $-4,217,047 -3.9%
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
17
Independent Members
16
Employees
107
Volunteers
81

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
5
$1,536,974
Total Directors
21
$626,583
Key Employees
6
$1,992,148
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TANI CANTIL-SAKAUYE PRESIDENT AND CEO 40.00
Officer Director
$544,470 $82,113 $626,583
CHET HEWITT BOARD CHAIR 1.00
Officer Director
$0 $0 $0
RUSTY AREIAS DIRECTOR 1.00
Director
$0 $0 $0
OPHELIA BASGAL DIRECTOR 1.00
Director
$0 $0 $0
SANDRA CELEDON DIRECTOR (THRU 3/25) 1.00
Director
$0 $0 $0
JOHN CHIANG DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE CHOI DIRECTOR 1.00
Director
$0 $0 $0
A MARISA CHUN DIRECTOR 1.00
Director
$0 $0 $0
ANA J MATOSANTOS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL MENDEZ DIRECTOR 1.00
Director
$0 $0 $0
STEVEN A MERKSAMER DIRECTOR 1.00
Director
$0 $0 $0
STEVE OLSEN DIRECTOR 1.00
Director
$0 $0 $0
LEON E PANETTA DIRECTOR 1.00
Director
$0 $0 $0
DAVE PUGLIA DIRECTOR 1.00
Director
$0 $0 $0
CASSANDRA WALKER PYE DIRECTOR 1.00
Director
$0 $0 $0
HELEN IRIS TORRES DIRECTOR 1.00
Director
$0 $0 $0
DAVID TRAVERSI DIRECTOR 1.00
Director
$0 $0 $0
GADDI H VASQUEZ DIRECTOR 1.00
Director
$0 $0 $0
LOUISE HENRY BRYSON DIRECTOR (THRU 9/24) 1.00
Director
$0 $0 $0
GERALD L PARKSKY DIRECTOR (THRU 9/24) 1.00
Director
$0 $0 $0
KIM POLESE DIRECTOR (THRU 9/24) 1.00
Director
$0 $0 $0
DOUGLAS MOORE CHIEF FINANCIAL OFFICER 40.00
Officer
$120,483 $43,332 $163,815
DEBORAH GONZALEZ SECRETARY 40.00
Officer
$251,484 $26,949 $278,433
MARTIN HOSHINO CHIEF OPERATIONS OFFICER 40.00
Officer
$440,898 $27,245 $468,143
ABIGAIL COOK VP OF COMMS/CHIEF STRATEGY OFFICER 40.00
Key Emp
$313,234 $77,789 $391,023
SANDRA RUIZ VP OF PEOPLE AND CULTURE 40.00
Key Emp
$263,128 $63,324 $326,452
CAROLINE DANIELSON VP OF RESEARCH 40.00
Key Emp
$266,381 $44,276 $310,657
SARAH BOHN VP & DIR OF EPC & SENIOR FELLOW 40.00
Key Emp
$325,724 $51,404 $377,128
LETITIA GRENIER DIR OF WATER POLICY CENTER & SENIOR FELLOW 40.00
Key Emp
$270,845 $63,654 $334,499
OLGA RODRIGUEZ DIR PPIC HIGHER ED CENTER & SENIOR FELLOW 40.00
Key Emp
$225,216 $27,173 $252,389
ELLEN ELIZABETH HANAK VALLETTA SENIOR FELLOW II (THRU 1/17/25) 40.00
Highest
$328,677 $28,466 $357,143
HANS JOHNSON SENIOR FELLOW II 40.00
Highest
$305,331 $58,655 $363,986
MAGNUS LOFSTROM POLICY DIRECTOR & SENIOR FELLOW 1 40.00
Highest
$226,029 $50,123 $276,152
ERIC MCGHEE POLICY DIRECTOR & SENIOR FELLOW 1 40.00
Highest
$223,540 $64,950 $288,490
LYNETTE UBOIS DIRECTOR OF CONTENT STRATEGY 40.00
Highest
$218,674 $64,529 $283,203
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
2025 $36,412,109 $24,199,664 $371,918,499 $12,212,445
2024 $19,371,773 $23,588,820 $370,980,032 $-4,217,047
2023 $22,365,775 $22,464,442 $353,065,421 $-98,667
2022 $34,836,055 $20,015,014 $340,951,909 $14,821,041
2021 $13,641,260 $18,831,587 $379,445,881 $-5,190,327
2020 $34,354,768 $18,678,895 $303,509,988 $15,675,873
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