Quincy Institute for Responsible Statecraft

Nonprofit profile at a glance

EIN
842285143
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2019
Location
Washington, DC, USA
Phone
2028004662
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$5,498,898
Expenses
$7,389,743
Assets
$5,063,818
Liabilities
$290,286

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • TRITA PARSI (EXECUTIVE VICE PRESIDENT)
  • LORA LUMPE (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • LORA LUMPE (CHIEF EXECUTIVE OFFICER): $340,028 total reported compensation
  • TRITA PARSI (EXECUTIVE VICE PRESIDENT): $336,554 total reported compensation
  • MARCUS STANLEY (DIRECTOR OF STUDIES): $191,945 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The quincy institute promotes ideas that move u.s. Foreign policy away from endless war and toward vigorous diplomacy in the pursuit of international peace. Qi's staff and non-resident experts expose the costs and consequences of unaccountable, overly militarized foreign policy and present alternative approaches under our general program and our responsible statecraft program, in addition to our six broad thematic programs - middle east, east asia, grand strategy, democratizing foreign policy, global south, and eurasia.

What it reported doing in 2024

Other programs (democratizing foreign policy program, advocacy, eurasia, east asia, middle east, and global south): the democratizing foreign policy program engages in scholarship and investigative journalsim on the links between militarized foreign policy and its impacts in the united states. The advocacy program promotes and distributes quincy institute publications to congressional and administration policymakers. It also engages in broad educational work, as well as permissible levels of advocacy in support of specific legislative policy. The eurasia program analyzes politics and international relations in europe and the countries of the former soviet union to support u.s. Policies that promote international peace and cooperation in the region and avoid unnecessary, costly and dangerous new u.s. Military commitments. The east asia program conducts research and communications on the size and nature of the challenge china and north korea pose to the united states, and it advances a balanced alternative to the current u.s. Strategy of dominance in east asia. The quincy institute's middle east program promotes a basic reorientation of u.s. Policy toward the region through policy scholarship, research and writing.the global south program is helping fashion a new bargain between the united states and the global south, including its middle powers, to deepen ties and enhance u.s. Influence in the vast region in less militarized ways in part by bringing their voices and perspectives into Washington's policy making spheres.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 84
  • Accountability: 95
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.4%; rating input score 84
  • Fundraising efficiency: $11.21 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -34.4%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.69; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 21%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 30% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 15.5% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 22.2% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84.4% of spending went to programs
  • Governance: 14 of 14 board members independent · 7 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $6.2M in reported program spending
  • Leadership: top reported pay $340K · 22 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Officer compensation ratio scored 11/100.