NATIONAL BUREAU OF ECONOMIC RESEARCH INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL BUREAU OF ECONOMIC RESEARCH INC (EIN 13-1641075)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-02-05
- IRS object ID
- 201820369349300612
- Schema version
- 2016v3.0
- 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 D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-02-05T09:46:42-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131641075 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL BUREAU OF ECONOMIC | BusinessNameLine1Txt |
| Business Name Line2 | RESEARCH INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 6178683900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 MASSACHUSETTS AVE | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021385359 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES POTERBA | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 6178683900 | PhoneNum |
| Signature | 2018-01-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHARLES J WEBB CPA | PreparerPersonNm |
| PTIN | P01584539 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2018-01-29 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.238.141.162 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-01-29 | IPDt |
| IP Tm | 10:17:00 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A41C22E49F3662F41C161EC2A09466C92AFD8034 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DF907C3E490E2DE39094117C62C17E9C055F2C1A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES POTERBA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 MASS AVE | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02138 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $70,605,330 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NBER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1920 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | THE NATIONAL BUREAU OF ECONOMIC RESEARCH IS A PRIVATE, NONPROFIT, NONPARTISAN RESEARCH ORGANIZATION DEDICATED TO PROMOTING A GREATER UNDERSTANDING OF HOW THE ECONOMY WORKS. IT IS COMMITTED TO UNDERTAKING AND DISSEMINATING UNBIASED ECONOMIC RESEARCH AMONG ACADEMIC RESEARCHERS, POLICY-MAKERS, AND BUSINESS PROFESSIONALS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 50 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 49 | VotingMembersIndependentCnt |
| Total Employee | 651 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $29,291,726 | PYContributionsGrantsAmt |
| CY Contributions Grants | $34,695,975 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,487,568 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,449,039 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,484,003 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,750,029 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $33,263,297 | PYTotalRevenueAmt |
| CY Total Revenue | $40,895,043 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,320,444 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,617,815 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,091,320 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,847,414 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $58,083 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,577,103 | PYOtherExpensesAmt |
| CY Other Expenses | $18,991,605 | CYOtherExpensesAmt |
| PY Total Expenses | $33,988,867 | PYTotalExpensesAmt |
| CY Total Expenses | $39,456,834 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$725,570 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,438,209 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $118,832,501 | TotalAssetsBOYAmt |
| Total Assets EOY | $128,713,178 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,242,598 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,556,020 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $105,589,903 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $116,157,158 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE NBER CONDUCTS UNBIASED, NON-PARTISAN ECONOMIC RESEARCH AND COMMUNICATES THE FINDINGS OF THAT RESEARCH TO ACADEMIC RESEARCHERS, POLICY-MAKERS, AND BUSINESS PROFESSIONALS. (CONTINUED ON SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $24,429,764 | ExpenseAmt |
| Grant | $1,563,845 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE NBER AND ITS AFFILIATED RESEARCHERS CONDUCT ACADEMIC RESEARCH PROJECTS ON A WIDE ARRAY OF TOPICS WITHIN ECONOMICS. THESE PROJECTS ARE FUNDED BY GRANTS FROM VARIOUS GOVERNMENT AGENCIES AND PRIVATE FOUNDATIONS. SPONSORS INCLUDE THE NATIONAL INSTITUTE OF HEALTH, THE NATIONAL SCIENCE FOUNDATION, THE SOCIAL SECURITY ADMINISTRATION, THE ALFRED P. SLOAN FOUNDATION, AND THE DEPARTMENT OF EDUCATION, AMONG OTHER ENTITIES. THE NBER HAS MORE THAN 1,500 AFFILIATED RESEARCHERS, AND ABOUT 250 CURRENT RESEARCH PROJECTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,068,300 | ExpenseAmt |
| Desc | THE NBER SPONSORED 127 RESEARCH MEETINGS AND CONFERENCES DURING THE YEAR, INCLUDING OVER 50 MEETINGS THAT TAKEN TOGETHER CONSTITUTE THE NBER SUMMER INSTITUTE. THESE MEETINGS PROVIDE AN OPPORTUNITY FOR RESEARCHERS, BOTH NBER AFFILIATES AND OTHER INVITEES, TO PRESENT THEIR LATEST RESEARCH FINDINGS RELATING TO A PARTICULAR TOPIC AND TO EXCHANGE IDEAS ABOUT ONGOING RESEARCH. THE MEETINGS INCLUDE BOTH RESEARCH CONDUCTED THROUGH THE NBER AND OTHER RELEVANT ACADEMIC RESEARCH. THESE MEETINGS ARE ORGANIZED BY THE NBER'S PROGRAM DIRECTORS AND WORKING GROUP DIRECTORS. MOST ARE HELD IN CAMBRIDGE, MASSACHUSETTS, ALTHOUGH SOME ARE HELD IN OTHER LOCATIONS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $919,547 | ExpenseAmt |
| Revenue | $1,449,039 | RevenueAmt |
| Desc | THE NBER DISSEMINATES THE SCIENTIFIC FINDINGS OF ITS AFFILIATED RESEARCHERS IN SEVERAL WAYS: BY INCLUSION IN THE NBER WORKING PAPER SERIES, BY PUBLISHING BOOKS, USUALLY IN COLLABORATION WITH THE UNIVERSITY OF CHICAGO PRESS, AND BY HIGHLIGHTING RESEARCH IN THE MORE BROADLY-DISTRIBUTED NBER DIGEST, NBER REPORTER, AND NBER BULLETIN ON AGING AND HEALTH PUBLICATIONS. ABOUT ELEVEN HUNDRED INSTITUTIONS SUBSCRIBE TO THE NBER WORKING PAPER SERIES. THE CIRCULATION OF THE DIGEST AND REPORTER PUBLICATIONS IS SEVERAL TIMES LARGER. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $455,164 | ExpenseAmt |
| Grant | $53,970 | GrantAmt |
| Desc | NON-SPONSORED RESEARCH | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $455,164 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $53,970 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $30,872,775 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 216 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 651 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 50 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 49 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KELLY HORAK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6178683900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 MASSACHUSETTS AVENUE | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02138 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (71 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| JAMES M POTERBA | |||||||||
| PRESIDENT & CEO | 35.00 | Yes (X) | Yes (X) | $721,322 | $0 | $71,681 | |||
| MARTIN ZIMMERMAN | |||||||||
| CHAIRPERSON & DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| KAREN N HORN | |||||||||
| VICE CHAIR & DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ROBERT MEDNICK | |||||||||
| TREASURER & DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| PETER C ALDRICH | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ELIZABETH E BAILEY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN H BIGGS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| TIMOTHY BRESNAHAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEAN-PAUL CHAVAS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PIERRE-ANDRE CHIAPPORI | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN S CLARKESON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DON R CONLAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KATHLEEN B COOPER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES H DALLARA | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALAN V DEARDORFF | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGE C EADS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JESSICA P EINHORN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MOHAMED EL-ERIAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RAY C FAIR | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| EDWARD FOSTER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JACOB A FRENKEL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN P GOULD | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARK GRINBLATT | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARTIN GRUBER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JUDITH M GUERON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT S HAMADA | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BRUCE E HANSEN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PETER BLAIR HENRY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BENJAMIN HERMALIN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LISA JORDAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ARTHUR KENNICKELL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JACK KLEINHENZ | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN LIPSKY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARJORIE B MCELROY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAURENCE H MEYER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOEL MOKYR | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL H MOSKOW | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALICIA H MUNNELL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALAN L OLMSTEAD | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT T PARRY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREW POSTLEWAITE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN S REED | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CECILIA ROUSE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PETER L ROUSSEAU | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD L SCHMALENSEE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GREGOR W SMITH | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM SPRIGGS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BART VAN ARK | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARINA V N WHITMAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID B YOFFIE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGE AKERLOF | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAGDISH BHAGWATI | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CARL F CHRIST | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| FRANKLIN FISHER | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGE N HATSOPOULOS | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SAUL H HYMANS | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RUDOLPH A OSWALD | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PETER G PETERSON | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN J SIEGFRIED | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CRAIG SWAN | |||||||||
| DIRECTOR EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KELLY HORAK | |||||||||
| ASST CORP SEC & CONTROLLER | 35.00 | Yes (X) | $210,836 | $0 | $79,786 | ||||
| ALTERRA MILONE | |||||||||
| CORP SEC & DIR OF GRANTS | 35.00 | Yes (X) | $196,885 | $0 | $71,876 | ||||
| DENIS HEALY | |||||||||
| ASST CORP SEC & DIR CORP RELATIONS | 35.00 | Yes (X) | $104,526 | $0 | $39,208 | ||||
| CARL BECK | |||||||||
| CONFERENCE DEPT DIRECTOR | 35.00 | $154,617 | $0 | $41,172 | Yes (X) | ||||
| DANIEL FEENBERG | |||||||||
| DIR OF INFORMATION SYSTEMS | 35.00 | $244,970 | $0 | $67,355 | Yes (X) | ||||
| MOHAN RAMANUJAN | |||||||||
| UNIX SYSTEM ADMINISTRATOR | 35.00 | $179,995 | $0 | $66,197 | Yes (X) | ||||
| RICHARD WOODBURY | |||||||||
| AGING PROGRAM SPECIALIST | 28.00 | $151,000 | $0 | $59,979 | Yes (X) | ||||
| ALEXANDER AMINOFF | |||||||||
| PROGRAMMER & SYS ADMIN | 24.00 | $148,470 | $0 | $0 | Yes (X) | ||||
| STEVE HARRIMAN | |||||||||
| SENIOR ACCOUNTANT | 35.00 | $142,529 | $0 | $59,970 | Yes (X) | ||||
| MARTIN FELDSTEIN | |||||||||
| FORMER PRESIDENT & CEO | 0.00 | $1,351,113 | $0 | $0 | Yes (X) | ||||
| DAVID WISE | |||||||||
| AREA DIR AGING PROGRAM | 35.00 | $183,162 | $0 | $18,903 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,789,425 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $576,127 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 19 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GOODWAY GROUP | |||||
| 16 A STREET | BURLINGTON | MA | 01803 | PRINTING AND DISTRIBUTION SVCS | $209,181 |
| UNIVERSITY OF CHICAGO PRESS | |||||
| 11030 SOUTH LANGLEY AVENUE | CHICAGO | IL | 60628 | PUBLISHING | $164,592 |
| ADP INC | |||||
| PO BOX 842875 | BOSTON | MA | 02284 | PAYROLL/HUMAN RESOURCE PROCESSING | $109,904 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $29,900,189 | GovernmentGrantsAmt |
| All Other Contributions | $4,795,786 | AllOtherContributionsAmt |
| Total Contributions | $34,695,975 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SUBSCRIPTIONS AND PUBLICATIONS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,449,039 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,449,039 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,449,039 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,535,707 | TotalRevenueColumnAmt |
| Exclusion | $2,535,707 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,924,609 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,710,287 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,214,322 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,214,322 | TotalRevenueColumnAmt |
| Exclusion | $2,214,322 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,895,043 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,449,039 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,750,029 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,617,815 | TotalAmt |
| Program Services | $1,617,815 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,773,033 | TotalAmt |
| Program Services | $206,272 | ProgramServicesAmt |
| Management And General | $1,535,393 | ManagementAndGeneralAmt |
| Fundraising | $31,368 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,707,734 | TotalAmt |
| Program Services | $10,402,067 | ProgramServicesAmt |
| Management And General | $2,305,667 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,833,662 | TotalAmt |
| Program Services | $1,293,072 | ProgramServicesAmt |
| Management And General | $540,590 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,595,767 | TotalAmt |
| Program Services | $1,076,304 | ProgramServicesAmt |
| Management And General | $519,463 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $937,218 | TotalAmt |
| Program Services | $737,181 | ProgramServicesAmt |
| Management And General | $200,037 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,328 | TotalAmt |
| Management And General | $72,328 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,445 | TotalAmt |
| Management And General | $100,445 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,724 | TotalAmt |
| Management And General | $94,724 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,180,892 | TotalAmt |
| Program Services | $1,085,562 | ProgramServicesAmt |
| Management And General | $94,010 | ManagementAndGeneralAmt |
| Fundraising | $1,320 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,540 | TotalAmt |
| Program Services | $286,367 | ProgramServicesAmt |
| Management And General | $156,773 | ManagementAndGeneralAmt |
| Fundraising | $1,400 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $488,115 | TotalAmt |
| Program Services | $103,287 | ProgramServicesAmt |
| Management And General | $384,828 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,005,706 | TotalAmt |
| Program Services | $57,488 | ProgramServicesAmt |
| Management And General | $1,948,218 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,455,323 | TotalAmt |
| Program Services | $2,338,518 | ProgramServicesAmt |
| Management And General | $112,506 | ManagementAndGeneralAmt |
| Fundraising | $4,299 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,921,618 | TotalAmt |
| Program Services | $1,839,652 | ProgramServicesAmt |
| Management And General | $74,270 | ManagementAndGeneralAmt |
| Fundraising | $7,696 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,292 | TotalAmt |
| Management And General | $167,292 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,916 | TotalAmt |
| Program Services | $601 | ProgramServicesAmt |
| Management And General | $129,315 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUBCONTRACTS | $6,929,513 | $6,929,513 | ||
| DATA ACQUISITION | $1,393,570 | $1,385,462 | $8,108 | |
| HONORARIA | $800,750 | $777,750 | $11,000 | $12,000 |
| PRINT AND PUBLICATIONS | $352,826 | $349,144 | $3,682 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $454,047 | TotalAmt |
| Program Services | $386,720 | ProgramServicesAmt |
| Management And General | $67,327 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,456,834 | TotalAmt |
| Program Services | $30,872,775 | ProgramServicesAmt |
| Management And General | $8,525,976 | ManagementAndGeneralAmt |
| Fundraising | $58,083 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,226,200 | BOYAmt |
| EOY | $1,848,237 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,994,757 | BOYAmt |
| EOY | $3,908,859 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $895,704 | BOYAmt |
| EOY | $880,054 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,498,946 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,101,080 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $495,122 | BOYAmt |
| EOY | $397,866 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,161,930 | BOYAmt |
| EOY | $118,959,605 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,058,788 | BOYAmt |
| EOY | $2,718,557 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,832,501 | BOYAmt |
| EOY | $128,713,178 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,388,026 | BOYAmt |
| EOY | $2,582,758 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,605,059 | BOYAmt |
| EOY | $7,076,473 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,249,513 | BOYAmt |
| EOY | $2,896,789 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,242,598 | BOYAmt |
| EOY | $12,556,020 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,589,903 | BOYAmt |
| EOY | $116,157,158 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,589,903 | BOYAmt |
| EOY | $116,157,158 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,832,501 | BOYAmt |
| EOY | $128,713,178 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,438,209 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $9,129,046 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
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 | $32,703,996 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,625,911 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,935,201 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,291,726 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $34,695,975 | CurrentTaxYearAmt |
| Total | $156,252,809 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $32,703,996 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,625,911 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,935,201 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,291,726 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $34,695,975 | CurrentTaxYearAmt |
| Total | $156,252,809 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $156,252,809 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,806,692 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,883,220 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,539,522 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,484,080 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,535,707 | CurrentTaxYearAmt |
| Total | $13,249,221 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $169,502,030 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $7,362,346 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.92180 | PublicSupportCY170Pct |
| Public Support PY170 | 0.92140 | PublicSupportPY170Pct |
| 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 D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $617,253 | OtherCostOrOtherBasisAmt |
| Depreciation | $504,845 | DepreciationAmt |
| Book Value | $112,408 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $510,456 | OtherCostOrOtherBasisAmt |
| Depreciation | $447,740 | DepreciationAmt |
| Book Value | $62,716 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $371,237 | OtherCostOrOtherBasisAmt |
| Depreciation | $148,495 | DepreciationAmt |
| Book Value | $222,742 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $397,866 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION | $2,718,557 |
| DEFERRED RENTAL LIABILITY | $178,232 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,896,789 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $50,024,089 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $9,129,046 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $9,129,046 | RevenueNotReportedAmt |
| Revenue Subtotal | $40,895,043 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $40,895,043 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,456,834 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,456,834 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $39,456,834 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE NBER ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE NBER HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2017. THE NBER'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND VARIOUS STATE JURISDICTIONS. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 0 | 3 | PROGRAM SERVICES | SEE PART V FOR DESCRIPTIONS | $240,031 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 9 | PROGRAM SERVICES | SEE PART V FOR DESCRIPTIONS | $576,750 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICES | SEE PART V FOR DESCRIPTIONS | $7,306 |
| NORTH AMERICA (CANADA & MEXICO, BUT NOT THE U.S.) | 0 | 3 | PROGRAM SERVICES | SEE PART V FOR DESCRIPTIONS | $240,503 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | SEE PART V FOR DESCRIPTIONS | $486 |
| SOUTH ASIA | 0 | 1 | PROGRAM SERVICES | SEE PART V FOR DESCRIPTIONS | $444,765 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 16 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Subtotal Spent | $1,509,841 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,509,841 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3: | EXPENDITURES ARE RECORDED ON THE ACCRUAL METHOD. |
| PART I, LINE 3, COLUMN (E) | REGION: EAST ASIA AND THE PACIFIC DATA ACQUISITION, HONORARIA, MEETINGS & CONFERENCES, PARTICIPANT SUPPORT COSTS, PROFESSIONAL SERVICES, SALARIES, SUBCONTRACTS, TRAVEL EXPENSES REGION: EUROPE (INCLUDING ICELAND AND GREENLAND) DATA ACQUISITION, HONORARIA, MEETINGS & CONFERENCES, OFFICE EXPENSES, PARTICIPANT SUPPORT COSTS, PROFESSIONAL SERVICES, SALARIES, SUBCONTRACTS, TRAVEL EXPENSES REGION:MIDDLE EAST AND NORTH AFRICA HONORARIA, TRAVEL EXPENSES REGION:NORTH AMERICA (CANADA & MEXICO, BUT NOT THE U.S.) DATA ACQUISITION, HONORARIA, INFORMATION TECHNOLOGY, MEETINGS & CONFERENCES, OFFICE EXPENSES, PARTICIPANT SUPPORT COSTS, PROFESSIONAL SERVICES, SALARIES, SUBCONTRACTS, TRAVEL EXPENSES REGION: SOUTH AMERICA TRAVEL EXPENSES REGION:SOUTH ASIA DATA ACQUISITION, MEETINGS & CONFERENCES, PROFESSIONAL SERVICES,SALARIES, SUBCONTRACTS, TRAVEL EXPENSES |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (12 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| RESEARCH FELLOWSHIPS | 40 | $1,186,013 |
| TUITION ASSISTANCE FOR FELLOWS | 20 | $170,659 |
| HEALTH INSURANCE ASSISTANCE FOR FELLOWS | 20 | $61,848 |
| RESEARCH EXPENSE - OTHER SALARIES AND WAGES | 6 | $9,025 |
| RESEARCH EXPENSE - PAYROLL TAXES | 3 | $187 |
| RESEARCH EXPENSE - PROFESSIONAL SERVICES | 18 | $64,718 |
| RESEARCH EXPENSE - OFFICE EXPENSES | 20 | $6,321 |
| RESEARCH EXPENSE - INFORMATION TECHNOLOGY | 13 | $17,638 |
| RESEARCH EXPENSE - TRAVEL EXPENSES | 28 | $67,546 |
| RESEARCH EXPENSE - MEETINGS AND CONFERENCES | 16 | $3,415 |
| RESEARCH EXPENSE - DATA ACQUISITION | 13 | $22,945 |
| RESEARCH EXPENSE - PRINTING AND PUBLICATIONS | 1 | $7,500 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE NBER GRANTS RESEARCH FELLOWSHIPS TO INDIVIDUALS AND ALSO MAKES SEVERAL SMALL GRANTS FOR RESEARCH EXPENSES. FELLOWS ARE PROVIDED WITH A DESK OR OFFICE ON-SITE, AND PARTICIPATE IN PERIODIC MEETINGS. PAYMENTS TO RESEARCH FELLOWS INCLUDE STIPENDS, AS WELL AS TUITION AND HEALTH INSURANCE PAID DIRECTLY TO THEIR UNIVERSITY BY INVOICE. SMALL GRANTS ARE USED FOR RESEARCH EXPENSES SUCH AS RESEARCH ASSISTANTS, DATA PURCHASES AND TRAVEL. ANY RESEARCH EXPENSES REIMBURSED MUST BE REASONABLE, BUDGETED, DOCUMENTED AND AUTHORIZED BY AN NBER GRANTS ADMINISTRATOR PRIOR TO PAYMENT. RECIPIENTS OF SMALL GRANTS REPORT ON THEIR PROJECTS TO THE PRINCIPAL INVESTIGATORS OF THE PARENT GRANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES M POTERBA | ||||||||||||||
| PRESIDENT & CEO | $643,574 | $0 | $0 | $0 | $77,748 | $0 | $53,000 | $0 | $18,681 | $0 | $793,003 | $0 | $0 | $0 |
| KELLY HORAK | ||||||||||||||
| ASST CORP SEC & CONTROLLER | $177,633 | $0 | $0 | $0 | $33,203 | $0 | $43,314 | $0 | $36,472 | $0 | $290,622 | $0 | $0 | $0 |
| ALTERRA MILONE | ||||||||||||||
| CORP SEC & DIR OF GRANTS | $186,585 | $0 | $0 | $0 | $10,300 | $0 | $40,068 | $0 | $31,808 | $0 | $268,761 | $0 | $0 | $0 |
| CARL BECK | ||||||||||||||
| CONFERENCE DEPT DIRECTOR | $123,099 | $0 | $0 | $0 | $31,518 | $0 | $30,415 | $0 | $10,757 | $0 | $195,789 | $0 | $0 | $0 |
| DANIEL FEENBERG | ||||||||||||||
| DIR OF INFORMATION SYSTEMS | $215,266 | $0 | $0 | $0 | $29,704 | $0 | $48,578 | $0 | $18,777 | $0 | $312,325 | $0 | $0 | $0 |
| MOHAN RAMANUJAN | ||||||||||||||
| UNIX SYSTEM ADMINISTRATOR | $154,962 | $0 | $0 | $0 | $25,033 | $0 | $36,343 | $0 | $29,854 | $0 | $246,192 | $0 | $0 | $0 |
| RICHARD WOODBURY | ||||||||||||||
| AGING PROGRAM SPECIALIST | $125,710 | $0 | $0 | $0 | $25,290 | $0 | $30,413 | $0 | $29,566 | $0 | $210,979 | $0 | $0 | $0 |
| STEVE HARRIMAN | ||||||||||||||
| SENIOR ACCOUNTANT | $136,581 | $0 | $0 | $0 | $5,948 | $0 | $29,209 | $0 | $30,761 | $0 | $202,499 | $0 | $0 | $0 |
| MARTIN FELDSTEIN | ||||||||||||||
| FORMER PRESIDENT & CEO | $0 | $0 | $0 | $0 | $1,351,113 | $0 | $0 | $0 | $0 | $0 | $1,351,113 | $0 | $394,236 | $0 |
| DAVID WISE | ||||||||||||||
| AREA DIR AGING PROGRAM | $144,387 | $0 | $0 | $0 | $38,775 | $0 | $18,903 | $0 | $0 | $0 | $202,065 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT PAID TO MARTIN FELDSTEIN, FORMER PRESIDENT AND CEO, REPRESENTS COMPENSATION DEFERRED AND REPORTED IN TOTAL COMPENSATION IN PRIOR YEARS, AS WELL AS THE EARNINGS ACCUMULATED ON THAT COMPENSATION OVER MORE THAN 30 YEARS. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| JAMES M POTERBA | |||
| OFFICER & DIRECTOR | $192,692 | FEES PAID TO ONE OF NBER'S PENSION PROVIDERS, TIAA, FOR WHOM MR. POTERBA IS A TRUSTEE. 403B PENSION FEES OF $110,908 ARE FOR THE PLAN YEAR ENDED 12-31-2016, AND 401A PENSION FEES OF $81,784 ARE FOR THE PLAN YEAR ENDED 06-30-2017. MR. POTERBA RECUSES HIMSELF FROM ALL DECISIONS REGARDING PENSION PLAN PROVIDERS. | 0 |
| MARTIN GRUBER | |||
| DIRECTOR | $96,677 | WAGES AND BENEFITS PAID TO JONATHAN GRUBER, MR. GRUBER'S SON, WHO IS AN NBER RESEARCHER AND THE DIRECTOR OF THE NBER'S HEALTH CARE PROGRAM. JONATHAN GRUBER RECEIVED $25,600 FOR HIS DUTIES AS AN NBER PROGRAM DIRECTOR, AND $71,077 FOR WORK PERFORMED AS A PRINCIPAL INVESTIGATOR ON RESEARCH GRANTS ADMINISTERED THROUGH THE NBER. | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, | ITS RESEARCH ACTIVITIES SPAN A WIDE RANGE OF TOPICS AND EMPLOY MANY DIFFERENT RESEARCH METHODS AND STRATEGIES. THESE ACTIVITIES FOCUS ON ESTIMATING QUANTITATIVE MODELS OF ECONOMIC BEHAVIOR, EVALUATING HISTORICAL EXPERIENCE WITH VARIOUS PUBLIC POLICIES THAT AFFECT ECONOMIC ACTIVITY, PROMOTING THE DEVELOPMENT OF NEW STATISTICAL MEASURES FOR TRACKING ECONOMIC ACTIVITY, AND DESCRIBING THE LIKELY EFFECTS OF PROSPECTIVE ECONOMIC POLICIES. THE NBER'S RESEARCH ACTIVITIES ARE ORGANIZED INTO TWENTY PROGRAMS. THE RESEARCHERS IN EACH PROGRAM ANALYZE ECONOMIC ISSUES CONCERNED WITH THE CORE TOPIC AREAS OF THAT PROGRAM. IN ADDITION, THE NBER ALSO HAS THIRTEEN WORKING GROUPS WHICH ARE EVEN MORE TOPIC-FOCUSED THAN PROGRAMS. WORKING GROUP MEETINGS OFTEN BRING TOGETHER RESEARCHERS WITH EXPERTISE IN SEVERAL TRADITIONAL SUB-FIELDS OF ECONOMICS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE PRESIDENT, DIRECTOR OF GRANTS ADMINISTRATION, AND CONTROLLER COMPILE A DRAFT VERSION OF THE FORM 990 WITH HELP FROM THE NBER'S STAFF AND THE NBER'S AUDITORS. THIS DRAFT IS THEN FORWARDED TO THE CHAIR, VICE CHAIR, PAST CHAIR, AND TREASURER OF THE NBER BOARD OF DIRECTORS FOR THEIR REVIEW. AFTER THEIR REVIEW, THE 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS WITH A SOLICITATION FOR FURTHER INPUT. AFTER INCORPORATING ANY SUGGESTIONS THAT EMERGE IN THIS PROCESS, THE 990 IS FINALIZED AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR, OFFICERS, DIRECTORS AND KEY EMPLOYEES RECEIVE A COPY OF THE NBER'S CONFLICT OF INTEREST POLICY. THEY MUST RETURN A CONFLICT OF INTEREST ANNUAL STATEMENT, AFFIRMING THAT THEY RECEIVED A COPY OF THE POLICY, HAVE READ AND UNDERSTAND THE POLICY AND AGREE TO COMPLY WITH IT. ANY INTEREST, AS DEFINED IN THE POLICY, WHICH COULD APPEAR TO BE A CONFLICT OF INTEREST MUST BE DISCLOSED ON THE SAME ANNUAL STATEMENT. BY SIGNING THE ANNUAL STATEMENT, THE RESPONDENT ALSO AGREES TO REPORT PROMPTLY TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AND ANY OTHER RELEVANT COMMITTEE ANY SITUATION OR TRANSACTION THAT MAY ARISE DURING THE FORTHCOMING YEAR THAT COULD CONSTITUTE A POTENTIAL CONFLICT OF INTEREST. THE ANNUAL STATEMENTS INCLUDING DISCLOSURES ARE COLLECTED EACH SPRING AND ARE FORWARDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW. THE AUDIT COMMITTEE DETERMINES WHETHER A CONFLICT EXISTS AS DEFINED IN THE POLICY. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. THE CHAIR OF THE BOARD MAY, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE EXECUTIVE COMMITTEE DETERMINES WHETHER THE NBER CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THEN THE AUDIT COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE NBER'S BEST INTEREST, FOR ITS OWN BENEFIT, WHETHER IT IS FAIR AND REASONABLE, AND WHETHER TO ENTER INTO THE TRANSACTION. IF THE AUDIT COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE COMMITTEE DETERMINES THAT THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE NBER HAS A COMPENSATION COMMITTEE WHICH REVIEWS AND DETERMINES THE COMPENSATION OF OFFICERS, TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD, THE VICE CHAIR, THE IMMEDIATE PAST CHAIR (FOR SO LONG AS HE OR SHE REMAINS A DIRECTOR), AND THE TREASURER. THE COMPENSATION COMMITTEE REVIEWS COMPENSATION LEVELS EACH SPRING. THE COMMITTEE SOLICITS DETAILED JOB DESCRIPTIONS FOR EACH POSITION AND PERFORMANCE EVALUATIONS FROM THE APPROPRIATE SUPERVISOR. THE COMMITTEE ENGAGES AN INDEPENDENT COMPENSATION CONSULTING FIRM TO PROVIDE ADVICE AND RECOMMENDATIONS REGARDING THE APPROPRIATE LABOR MARKET(S) AND MARKET DATA FOR CONDUCTING REASONABLENESS ASSESSMENTS AND TO CONDUCT A COMPARABILITY ASSESSMENT OF TOTAL REMUNERATION FOR THE OFFICERS, TOP MANAGEMENT OFFICIALS, AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE WORKS WITH THE CONSULTANT TO DEVELOP A PEER GROUP OF ORGANIZATIONS PRIMARILY COMPOSED OF THINK TANKS AND RESEARCH INSTITUTIONS. THE CONSULTANT IDENTIFIES SURVEY SOURCES FOR COLLECTING MARKET DATA FOR THE BROADER NOT-FOR-PROFIT AND FOR-PROFIT LABOR MARKETS. THE CONSULTANT ALSO REVIEWS THE FORM 990 FILINGS OF OTHER ORGANIZATIONS TO COLLECT INFORMATION ON THE COMPENSATION OF SIMILAR POSITIONS. THE CONSULTANT PROVIDES AN EXECUTIVE ASSESSMENT TO THE COMPENSATION COMMITTEE THAT INCLUDES THE APPROPRIATE DATA AS WELL AS AN OPINION LETTER ON THE REASONABLENESS OF, AND SUPPORTING COMPARABILITY DATA WITH RESPECT TO, THE TOTAL COMPENSATION PACKAGE FOR THE IDENTIFIED INDIVIDUALS. THE COMPENSATION COMMITTEE APPROVES SALARY RECOMMENDATIONS FOR ALL OF THE IDENTIFIED INDIVIDUALS OTHER THAN THE PRESIDENT AND CEO. THE COMPENSATION COMMITTEE MAINTAINS MINUTES OF ITS DELIBERATIONS AND DECISION AND REPORTS TO THE SEVENTEEN-MEMBER EXECUTIVE COMMITTEE. THE COMPENSATION COMMITTEE ALSO MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE REGARDING THE COMPENSATION FOR THE PRESIDENT AND CEO. THE EXECUTIVE COMMITTEE REVIEWS THE MATERIALS FROM THE COMPENSATION COMMITTEE AND THE COMPENSATION CONSULTANT AND MAKES A FINAL DETERMINATION ON THE COMPENSATION OF THE PRESIDENT AND CEO. THE EXECUTIVE COMMITTEE MAINTAINS MINUTES OF ITS DELIBERATIONS AND DECISION. THE PRESIDENT AND CEO RECUSES HIMSELF FROM ALL EXECUTIVE COMMITTEE DISCUSSIONS THAT AFFECT HIS COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE NBER MAKES AVAILABLE TO THE PUBLIC, VIA ITS WEBSITE (WWW.NBER.ORG) ITS ARTICLES OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY, AND A SUMMARY OF ITS FINANCIAL STATEMENTS. COMPLETE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |