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CENTER FOR INNOVATIVE GOVERNANCE RESEARCH

Building the Future of Governance for the Cities of Tomorrow

aka Charter Cities Institute   |   WASHINGTON, DC   |  https://chartercitiesinstitute.org
GuideStar Charity Check

CENTER FOR INNOVATIVE GOVERNANCE RESEARCH

EIN: 82-3264419


Mission

The Center for Innovative Governance Research doing business as Charter Cities Institute is building the future of governance by creating the ecosystem for charter cities. We work with entrepreneurs, investors, policy experts, governments, humanitarians, and new city developers to build a common understanding of charter cities and create relationships which can work towards implementing charter cities. Our goal is to lift tens of millions of people out of poverty by helping to incubate dozens of charter cities around the world.

Ruling year info

2018

Executive Director

Kurtis Lockhart

Main address

601 I ST NW

WASHINGTON, DC 20001 USA

Show more contact info

EIN

82-3264419

Subject area info

Community and economic development

Population served info

Economically disadvantaged people

Researchers

NTEE code info

Alliance/Advocacy Organizations (S01)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Research & Technical Assistance

Our team works directly with new city developers and governments to develop the legal frameworks to grant charter cities an independent jurisdiction and to implement the new city’s governance structure.

Population(s) Served
Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of media articles reflecting preferred issue framing

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Charter cities (and CCI's work around charter cities) will be written about in major media outlets

Number of stakeholders or stakeholder groups who agree to engage

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

Memorandum of Understanding being signed with stakeholder countries to create charter city laws and develop charter cities

Number of coalition members

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Members in the Africa's NXT50 Cities Coalition: NXT50 mobilizes key stakeholders dedicated to harnessing Africa’s rapid urbanization for human prosperity and facilitates the building of thriving new

Financials

CENTER FOR INNOVATIVE GOVERNANCE RESEARCH
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 2022 CCI Audited Financial Statements 2021 2021 Audited Financial Statement
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

5.50

Average of 236.27 over 5 years

Months of cash in 2022 info

SOURCE: IRS Form 990

3.9

Average of 9.9 over 5 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

18%

Average of 11% over 5 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

CENTER FOR INNOVATIVE GOVERNANCE RESEARCH

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

CENTER FOR INNOVATIVE GOVERNANCE RESEARCH

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

CENTER FOR INNOVATIVE GOVERNANCE RESEARCH

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of CENTER FOR INNOVATIVE GOVERNANCE RESEARCH’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $183,030 $866,666 $4,502,409 -$1,198,553
As % of expenses 36.1% 143.1% 268.0% -47.4%
Unrestricted surplus (deficit) after depreciation $183,030 $866,666 $4,502,409 -$1,198,553
As % of expenses 36.1% 143.1% 268.0% -47.4%
Revenue composition info
Total revenue (unrestricted & restricted) $689,825 $1,472,456 $6,092,556 $1,953,036
Total revenue, % change over prior year 0.0% 113.5% 313.8% -67.9%
Program services revenue 0.0% 0.0% 0.0% 3.1%
Membership dues 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.5% 3.2%
Government grants 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 93.8% 99.5% 92.4%
Other revenue 0.0% 6.2% 0.0% 1.3%
Expense composition info
Total expenses before depreciation $506,565 $605,790 $1,679,800 $2,526,647
Total expenses, % change over prior year 0.0% 19.6% 177.3% 50.4%
Personnel 33.9% 62.7% 53.0% 46.4%
Professional fees 12.5% 15.3% 2.4% 2.0%
Occupancy 8.7% 2.4% 1.0% 2.6%
Interest 0.0% 0.0% 0.0% 0.0%
Pass-through 11.8% 0.6% 1.4% 7.9%
All other expenses 33.1% 19.0% 42.1% 41.2%
Full cost components (estimated) info 2019 2020 2021 2022
Total expenses (after depreciation) $506,565 $605,790 $1,679,800 $2,526,647
One month of savings $42,214 $50,483 $139,983 $210,554
Debt principal payment $0 $2,021 $0 $0
Fixed asset additions $0 $0 $0 $0
Total full costs (estimated) $548,779 $658,294 $1,819,783 $2,737,201

Capital structure indicators

Liquidity info 2019 2020 2021 2022
Months of cash 5.3 21.6 18.7 3.9
Months of cash and investments 5.3 21.6 39.9 18.0
Months of estimated liquid unrestricted net assets 5.2 21.6 39.9 20.9
Balance sheet composition info 2019 2020 2021 2022
Cash $222,810 $1,090,030 $2,618,392 $821,023
Investments $0 $0 $2,965,777 $2,967,365
Receivables $0 $0 $0 $600,000
Gross land, buildings, equipment (LBE) $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.9% 0.2% 0.1% 3.3%
Unrestricted net assets $221,489 $1,088,155 $5,590,564 $4,392,011
Temporarily restricted net assets N/A N/A N/A N/A
Permanently restricted net assets N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0
Total net assets $221,489 $1,088,155 $5,590,564 $4,392,011

Key data checks

Key data checks info 2019 2020 2021 2022
Material data errors No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Kurtis Lockhart

Kurtis Lockhart is a PhD candidate in political science at the University of Oxford. His research examines the effect of institutional reforms on public goods provision with a regional focus on sub-Saharan Africa. At Oxford he’s taught both quantitative methods and African politics. In the field, he has previously worked as a Research Manager for the International Growth Centre (IGC), for Warc Africa (both in Sierra Leone), and for the ELIMU Impact Evaluation Center in Kenya where he managed the implementation of several randomized control trials across many different sectors (health insurance, rural electrification, tax administration, and legal aid). Kurtis has also completed consulting projects with both Oxford Development Consultancy and with Warc Africa. He holds an MSc in Development Management from the London School of Economics where he graduated top of his class, as well as a BA in Economics and Development Studies (First Class Honors) from McGill University.

Number of employees

Source: IRS Form 990

CENTER FOR INNOVATIVE GOVERNANCE RESEARCH

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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CENTER FOR INNOVATIVE GOVERNANCE RESEARCH

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

CENTER FOR INNOVATIVE GOVERNANCE RESEARCH

Board of directors
as of 03/15/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mark Lutter

Dan Grossman

Gyude Moore

Center For Global Development

Leonard Wantchekon

Princeton University

Dan Nott

Reason.org

Organizational demographics

SOURCE: Self-reported; last updated 1/4/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 01/04/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.