The American Assembly
Nonprofit profile at a glance
- EIN
- 136160846
- IRS 990 coverage
- 2010–2019
- Forms available
- Form 990 2019
- Location
- New York, NY, USA
- Phone
- 2128703500
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Standard
Reported finances
- Revenue
- $3,217,603
- Expenses
- $1,231,705
- Assets
- $27,391,919
- Liabilities
- $32,877
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- PETER BEARMAN (PRESIDENT & TRUSTEE)
- DAVID H MORTIMER (FORMER PRESIDENT & TRUSTEE)
- JOSEPH J KARAGANIS (FORMER VICE PRESIDENT)
Highest reported compensation
- DAVID H MORTIMER (FORMER PRESIDENT & TRUSTEE): $553,346 total reported compensation
- JOSEPH J KARAGANIS (FORMER VICE PRESIDENT): $316,746 total reported compensation
- PETER BEARMAN (PRESIDENT & TRUSTEE): $238,558 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A national non partisan public policy forum to illuminate issues of public policy.
What it reported doing in 2019
The Open Syllabus Project: The Open Syllabus Project (OSP) provides the first "big data" look at the primary activity of higher education: teaching. It collects and analyzes millions of university syllabi to generate novel academic and public applications of the expertise embedded in these teaching choices. This data has a wide range of uses in scholarly metrics, educational research, and the sociology of knowledge. It supports the work of teachers, publishers, and librarians, and opens up new ways of connecting academic expertise to wider publics at a time when those connections are being attacked. The OSP also helps answer vital questions about how universities prepare students to develop as thoughtful citizens. The project is supported by the Sloan Foundation, Hewlett Foundation, Arcadia Fund, Templeton Foundation, and Digital Science. The program reached a major milestone recently with the completion of the core dataset, which now contains over 6 million syllabi and the launch of the online Open Syllabus explorer. The project now identifies the gender of assigned authors. This will allow us to deploy tools for mapping the comparative frequency with which women authors are assigned across fields, schools, and departments over time. We expect a high public profile for this feature in particular. We also expect, by the end of the summer 2018, to have OSP network graph representations of fields and departments (similar to our large online network graph) available to students, departments, and libraries. In November 2019, the OSP became an independent nonprofit after five years of incubation from The American Assembly. Summer Institute in Oral History The 2019-2020 Summer Institute in Oral History program focused on the challenges we face in documenting the political present when secrecy and distortions of truth threaten the most vulnerable in open societies. What role do public memory and the search for meaning play in rescuing and preserving the stories that we most need to hear? Specifically, we explored what journalists, oral historians, advocates, and scholars of the present can learn from each other, as we sharpen our skills and awareness of how to document the stories that we most need to record and disseminate. The overarching goals are to explore the role of oral history in opening up multiple accounts of truth, and to search for meaning that otherwise may remain marginal moving them to the center of our political discourse. We be Imagining We Be Imagining is a multimodal series of digital programming centered around the We Be Imagining Podcast, Black Siren Radio and our WBI Incubator. Our goal is to infuse academic discourse with the performance arts in order to foster critical conversations around race, gender, class, and disability. This summers institute is co-sponsored by the Columbia Journalism School and The American Assembly.
Operating model
- Revenue model
- Investment-supported. 65% of the money available for current operations came from recurring investment income.
- 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 31
- Transparency & Controls: 64
- Accountability: 79
- Sustainability: 85
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.2%; rating input score 18
- Program expense ratio: 63.1%; rating input score 63
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 0; 0th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 87.5%; rating input score 88; 18th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 61.7%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 22.24; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 95; 95th percentile among comparable filings
- Officer compensation ratio: 99%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 18.2% of revenue deployed · 63.1% of spending went to programs
- Governance: 7 of 8 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $777K in reported program spending
- Leadership: top reported pay $553K · 11 people listed · 0 of 6 pay-setting controls reported
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 10 filing years from 2010 to 2019
- Contacts: How to reach this organization
- Money network: 4 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.