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National Institute on Money in State Politics Organization Name provided in the GuideStar Exchange* as of 11/06/2013: National Institute on Money in State Politics

Organization Name as listed in the IRS Business Master File as of 07/14/2014: NATIONAL INSTITUTE ON MONEY IN STATE POLITICS

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

 
Helena, MT
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
This organization is a Gold-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2013, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit and Charting Impact Report are available
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Basic Organization Information

National Institute on Money in State Politics Organization Name provided in the GuideStar Exchange* as of 11/06/2013: National Institute on Money in State Politics

Organization Name as listed in the IRS Business Master File as of 07/14/2014: NATIONAL INSTITUTE ON MONEY IN STATE POLITICS

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Physical Address: Helena, MT 59601 
EIN: 81-0526651
Web URL: www.FollowTheMoney.org 
Blog URL: www.followthemoney.org/blog/ 
NTEE Category: V Social Science Research Institutes
V05 Research Institutes and/or Public Policy Analysis
R Civil Rights, Social Action, Advocacy
R05 Research Institutes and/or Public Policy Analysis
W Public, Society Benefit
W24 Citizen Participation
Ruling Year: 1999 
Top Funders: Open Society Institute - $345,000
Ford Foundation - $292,500
Sunlight Foundation - $250,000


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Mission Statement

The National Institute on Money in State Politics is the only nonpartisan, nonprofit organization revealing the influence of campaign money on state-level elections and public policy in all 50 states. Our comprehensive and verifiable campaign-finance database and relevant issue analyses are available for free through our Web site FollowTheMoney.org. We encourage transparency and promote independent investigation of state-level campaign contributions by journalists, academic researchers, public-interest groups, government agencies, policymakers, students and the public at large.

Legitimacy Information

This organization is registered with the IRS.

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

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses

(GuideStar Exchange,
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November 2013)

Fiscal Year Starting: July 1, 2009
Fiscal Year Ending: June 30, 2010

Total Revenue --
Total Expenses $1,329,515

Revenue & Expenses

(GuideStar Exchange,
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November 2013)

Fiscal Year Starting: July 1, 2009
Fiscal Year Ending: June 30, 2010

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership

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November 2013)

Mr. Edwin Bender

Profile:

A founding incorporator for the Institute, Edwin Bender was named Executive Director in 2003, and also serves on its board of directors.  He coordinates organizational policy-making, serves as spokesperson, and provides financial oversight in addition to his key role in fundraising.  Ed has assigned priority to speeding online posting of contribution records, developing projects in partnership with academic researchers and other organizations, and increasing training and technical assistance to website user groups.  A graduate of the University of Montana School of Journalism, he was an award-winning reporter and editor at newspapers in Montana, Alaska and Washington.

Leadership Statement:

"Every election cycle around 16,000 candidates run for office. We collect hundreds of thousands of reports, generate over 3 million records and code more than $3 billion in campaign contributions. It is very difficult, in a word, a nightmare.  What started as a one-year project ten years ago has since become an indispensable and comprehensive resource for the public. We hope to create a citizen army that is really interested in tracking legislators and holding them accountable, which in turn will create a more responsive government."   Edwin Bender-Executive Director (2012)

Board Chair (GuideStar Exchange,
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Board Co-Chair

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November 2013)

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Board Leadership Practices (GuideStar Exchange,
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November 2013)
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GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in November 2013

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Programs

Program: Naming Names in All 50 States (GuideStar Exchange,
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November 2013)

Budget:
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Category:
Social Science Research
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Program Description:

Who contributes to state campaigns? Who lobbies for whom?

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Program: Institute Reports (GuideStar Exchange,
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November 2013)

Budget:
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Category:
Social Science Research
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Researchers examine campaign finance trends and anomalies, independent spending, judicial races, newsmakers.

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Program: Blog and Social Media (GuideStar Exchange,
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November 2013)

Budget:
--
Category:
Social Science Research
Population Served:

Program Description:

Timely, relevant updates on state-level races.

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Program: Industry Influence (GuideStar Exchange,
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November 2013)

Budget:
--
Category:
Social Science Research
Population Served:

Program Description:

Learn which industries give to candidates who will make policy decisions about those industries.

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Program: Custom Research (GuideStar Exchange,
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November 2013)

Budget:
--
Category:
Social Science Research
Population Served:

Program Description:

Customized summaries and membership development.

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Impact Summary from the Nonprofit Additional Information
A Charting Impact Report consists of an organization’s responses to the five questions. Helping validate this self-reported data are three reviews. Once an organization has used the online interface to complete its report, its responses will produce a document with a unique URL that will be shared on this website, on your GuideStar profile, on the reports of charities participating in BBB Wise Giving Alliance evaluations, and – in the future – with other websites and information sources about nonprofits. We encourage organizations to use this URL to share their report on their own website and through their own media channels. Participants will receive guidance about promoting their Charting Impact Report, along with other benefits, once they publish their report.

The Institute was cited on average twice a day in 2011-12, and the Institute's data has been cited in three prominent U.S. Supreme Court cases: Caperton v. A.T. Massey Coal, 2009; Federal Election Commission v. Wisconsin Right To Life, 2007; Citizens United v. Federal Election Commission, 2010.   In addition to finalizing the political contributions database for 2011 ($575 million), this past year we: created a baseline for comparing pre- and post-Citizens United independent spending completed a pilot project to collect lobbying expenditures assessed the campaign finance reporting systems for lower court candidates documented the impact of Super PAC contributors on state races analyzed money and incumbency examined at monetary competitiveness suggested best practices for disclosure of independent spending
For more in-depth information about this organization's impact, view their Charting Impact Report.
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