CENTER FOR THE STUDY OF THE INTERNATIONAL ECONOMY INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: CENTER FOR THE STUDY OF THE INTERNATIONAL ECONOMY INC (EIN 46-4286345)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-14
IRS object ID: 202223189349314592
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-14T16:11:54-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	112907845	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Joseph B Sprung CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	575 Madison Avenue 10th Floor	AddressLine1Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10022	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	464286345	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CENTER FOR THE STUDY OF THEINTERNATIONAL ECONOMY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CENT	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	220 I STREET NE STE 200	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20002	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DAVID SMICK	PersonNm
Person Title	OFFICER	PersonTitleTxt
Phone	2129351555	PhoneNum
Signature	2022-04-15	SignatureDt
Discuss With Paid Preparer	false	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DAVID	PersonFirstNm
Person Last	SMICK	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Joseph B Sprung	PreparerPersonNm
PTIN	P01444840	PTIN
Phone	2129351555	PhoneNum
Preparation	2022-11-14	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
OOB Security Verification	00	OOBSecurityVerificationCd
Authentication Assurance Level	AAL2	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	$1,580,000	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2013	FormationYr
Legal Domicile State	DC	LegalDomicileStateCd
Activity Or Mission	THE ORGANIZATION WILL ORGANIZE,PREPARE AND CONDUCT EDUCATIONAL SEMINARS,CONFERENCES,WORKSHOPS AND OTHER SIMILAR EVENTS AND PROGRAMS GEARED TOWARD EXPLORING ISSUES RELATED TO THE INTERNATIONAL FINANCIAL ECONOMY AND GLOBAL TRADING SYSTEMS.	ActivityOrMissionDesc
Voting Members Governing Body	4	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$30,000	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,100,000	PYContributionsGrantsAmt
CY Contributions Grants	$1,550,000	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$30,000	PYInvestmentIncomeAmt
CY Investment Income	$30,000	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$1,130,000	PYTotalRevenueAmt
CY Total Revenue	$1,580,000	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$225,573	PYOtherExpensesAmt
CY Other Expenses	$351,772	CYOtherExpensesAmt
PY Total Expenses	$225,573	PYTotalExpensesAmt
CY Total Expenses	$351,772	CYTotalExpensesAmt
PY Revenues Less Expenses	$904,427	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,228,228	CYRevenuesLessExpensesAmt
Total Assets BOY	$4,191,747	TotalAssetsBOYAmt
Total Assets EOY	$5,419,975	TotalAssetsEOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,191,747	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$5,419,975	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE ORGANIZATION WILL ORGANIZE,PREPARE AND CONDUCT EDUCATIONAL SEMINARS,CONFERENCES,WORKSHOPS AND OTHER SIMILAR EVENTS AND PROGRAMS GEARED TOWARD EXPLORING ISSUES RELATED TO THE INTERNATIONAL FINANCIAL ECONOMY AND GLOBAL TRADING SYSTEMS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$280,493	ExpenseAmt
Desc	THE PROGRAM WILL ORGANIZE, PREPARE AND CONDUCT EDUCATIONAL SEMINARS,CONFERENCES,WORKSHOPS AND OTHER SIMILAR EVENTS AND PROGRAMS GEARED TOWARD EXPLORING ISSUES RELATED TO THE INTERNATIONAL FINANCIAL ECONOMY AND GLOBAL TRADING SYSTEMS. THE PROGRAM WILL BE ORIENTED TOWARD THE STUDY,RESEARCH, ANALYSIS AND DISSEMINATION OF PUBLICATIONS ON ISSUES CONCERNING GLOBAL FINANCIAL POLICY,REGULATORY TRENDS AND ECONOMIC AND INTERNATIONAL TRADE DEVELOPMENTS.	Desc
Total Program Service Expenses	$280,493	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	4	GoverningBodyVotingMembersCnt
Independent Voting Member	4	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	JOSEPH B SPRUNG CPA	PersonNm
Phone	2129351555	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	575 MADISON AVENUE FLOOR 10	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10022	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
DAVID SMICK JR
SECRETARY	5.00	0.00	Yes (X)	$0	$0	$0
PETER SMICK
TREASURER	5.00	0.00	Yes (X)	$0	$0	$0
DAVID M SMICK
PRESIDENT	20.00	0.00	Yes (X)	$0	$0	$0
SARAH SMICK
VICE PRESIDENT	5.00	0.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
All Other Contributions	$1,550,000	AllOtherContributionsAmt
Total Contributions	$1,550,000	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$30,000	TotalRevenueColumnAmt
Unrelated Business Revenue	$30,000	UnrelatedBusinessRevenueAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,580,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$30,000	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$150	TotalAmt
Management And General	$150	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$66,859	TotalAmt
Management And General	$66,859	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$488	TotalAmt
Management And General	$488	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$240	TotalAmt
Program Services	$240	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
AUTHOR FEES	$25,000	$25,000
PUBLICATION EXPENSE	$175,000	$175,000
POSTAGE AND DELIVERY	$79,516	$79,516
PRINTING	$737	$737

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,782	TotalAmt
Management And General	$3,782	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$351,772	TotalAmt
Program Services	$280,493	ProgramServicesAmt
Management And General	$71,279	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$314,952	BOYAmt
EOY	$1,155,199	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,876,795	BOYAmt
EOY	$4,264,776	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,191,747	BOYAmt
EOY	$5,419,975	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$4,191,747	BOYAmt
EOY	$5,419,975	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,191,747	BOYAmt
EOY	$5,419,975	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,191,747	BOYAmt
EOY	$5,419,975	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,228,228	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,700,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$850,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$600,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,100,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,550,000	CurrentTaxYearAmt
Total	$6,800,000	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,700,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$850,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$600,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,100,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,550,000	CurrentTaxYearAmt
Total	$6,800,000	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,314,000	SubstantialContributorsTotAmt
Public Support Total170	$5,486,000	PublicSupportTotal170Amt
Total Support	$6,800,000	TotalSupportAmt
Public Support CY170	0.80680	PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Officer directors etc family relationship Part VI line 2	DAVID SMICK IS THE FATHER OF SARAH SMICK, PETER SMICK AND DAVID SMICK JR.SARAH SMICK, PETER SMICK AND DAVID SMICK JR. ARE SIBLINGS.
Form 990 governing body review Part VI line 11	NO REVIEW IS REQUIRED
Governing documents etc available to public Part VI line 19	UPON REQUEST
Part III response or note to any other line in Part III	THE ORGANIZATION WILL ORGANIZE,PREPARE AND CONDUCT EDUCATIONAL SEMINARS,CONFERENCES,WORKSHOPS AND OTHER SIMILAR EVENTS AND PROGRAMS GEARED TOWARD EXPLORING ISSUES RELATED TO THE INTERNATIONAL FINANCIAL ECONOMY AND GLOBAL TRADING SYSTEMS. THE ORGANIZATIONS PROGRAMS WILL BE ORIENTED TOWARD THE STUDY,RESEARCH, ANALYSIS AND DISSEMINATION OF PUBLICATIONS ON ISSUES CONCERNING GLOBAL FINANCIAL POLICY,REGULATORY TRENDS AND ECONOMIC AND INTERNATIONAL TRADE DEVELOPMENTS.