You are now searching

   

New York BBB Wise Giving Report for
Demos

A BBB Accredited charity

 



Expiration Date:
08/2016
Name:
Demos: A Network for Ideas & Action
Address:
220 Fifth Avenue, 2nd Floor
New York, NY 10001
Phone:
212-633-1405
Year, State Incorporated:
2000, New York
Affiliates:
Building Movement Project
Stated Purpose:
" Demos is a public organization working for America where all have an equal say in our democracy and an equal chance in our economy. Our name means "the people." It is the root word of democracy, and it reminds us that in America, the true source of our greatness is the diversity of our people. Our nation's highest challenge is to create a democracy that truly empowers people of all backgrounds, so that we all have a say in setting the policies that shape opportunity and provide for our common future. To help America meet that challenge, Demos is working to reduce both political and economic inequality, deploying original research, advocacy, litigation, and strategic communications to create the America the people deserve. "





Evaluation Conclusions
 

              
Demos: A Network for Ideas & Action Demos meets the 20 Standards for Charity Accountability.




Programs
 

              
Demos’ work is guided by three overarching commitments: 1. Achieving true democracy by reducing the role of money in politics and guaranteeing the freedom to vote, 2. Creating pathways to ensure a diverse, expanded middle class in a new, sustainable economy, and 3. Transforming the public narrative to elevate the values of community and racial equity. We currently execute our work through four programs: Freedom to Vote, Money in Politics, Upward Mobility, and New Economic Paradigms



Governance
 

              
Chief Executive Officer:
Ms. Heather McGhee, President
Compensation*:
$255,000
Chair of the Board:
Ms. Amelia Warren Tyagi
Chair's Profession / Business Affiliation:
Business Talent Group
Board Size:
18
Paid Staff Size:
52



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, telephone appeals, invitations to fund raising events, grant proposals, internet.
Fund raising costs were 4.6% of related contributions. (Related contributions, which totaled $9,365,733, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Demos: A Network for Ideas & Actions' Audited Financial Statements for the fiscal year ended June 30, 2013.

Source of Funds  

Contributions

$9,080,284

Special Events (net of $106,889 in 2013, and $82,307 in 2012)

285,449

Rental revenue

220,124

Other income

107,227

Honorarium and book sales

13,214

Interest income

2,025

Total Income

$9,708,323

Program Expenses  

Ideal election program

$2,237,005

Affiliated programs

1,324,536

Upward mobility program

920,762

Fellows program

816,377

Business and society program

795,988

Money in politics program

489,663
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

6,584,331
433,149
948,033

$7,965,513

$1,742,810




Uses of Funds as a % of Total Expenses


Programs: 83%  Fund Raising: 5%  Administrative 12% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $4,854,040
Ending net assets 6,596,850
Total liabilities 585,068

Total assets

$7,181,918






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.