Overview
What is National Bureau Of Economic Research Inc?
The National Bureau of Economic Research Inc, located in Cambridge, Massachusetts, is a prestigious, private, nonprofit organization dedicated to fostering economic research and discoveries. With over 1,700 affiliated researchers and 300 ongoing projects, they conduct unbiased, non-partisan studies on a diverse range of topics within economics. Their projects receive funding from various government agencies and private foundations, such as the National Institute of Health, National Science Foundation, Social Security Administration, and the Alfred P. Sloan Foundation. The NBER aims to broaden the understanding of economic principles among academic researchers, policymakers, and business professionals. Their mission is to undertake and disseminate economic research, communicating the findings to their targeted audience. The organization currently employs a team of 582 individuals.
Official website here: www.nber.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The National Bureau of Economic Research Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and financial practices. The overall score is based entirely on its accountability and finance metrics, where it scored 96%. This indicates a robust commitment to transparency and responsible management of funds.
Strengths of the organization include its governance structure, with 98% of its board members being independent. Additionally, the organization has an excellent audit and oversight committee, and it adheres to best practices regarding conflicts of interest and whistleblower policies. Its program expense ratio of 71.65% suggests that a significant portion of its funds is directed towards its core mission.
There are no noted limitations in the data provided, as the organization demonstrates no material diversion of assets and maintains a strong liabilities to assets ratio at 16.21%. Overall, the National Bureau of Economic Research Inc is recognized for its strong financial health and governance, which are critical for donor trust and organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is National Bureau Of Economic Research Inc legitimate?
National Bureau Of Economic Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Bureau Of Economic Research Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,988,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,477,452
For more financial information, click here
Official website here: www.nber.org
What is the mission statement of National Bureau Of Economic Research Inc?
The National Bureau of Economic Research Inc is a nonprofit, nonpartisan organization dedicated to enhancing economic knowledge. It carries out unbiased economic research and disseminates the findings to academic researchers, policy-makers, and business professionals. The bureau conducts a wide range of academic research projects in economics, funded by various government agencies and private foundations. Some sponsors include the National Institute of Health and the National Science Foundation. With over 1,700 affiliated researchers and more than 300 ongoing research projects, the National Bureau of Economic Research significantly contributes to the economic research community.
Official website here: www.nber.org
Who is the CEO of National Bureau Of Economic Research Inc?
James Poterba is the President & Ceo of National Bureau Of Economic Research Inc. The CEO's salary of National Bureau Of Economic Research Inc is $775,666 and their total compensation is $850,371.
Official website here: www.nber.org
What is the revenue of National Bureau Of Economic Research Inc?
National Bureau Of Economic Research Inc's revenue in 2022 was $42,145,646.
Official website here: www.nber.org
Who are the executives of National Bureau Of Economic Research Inc and what are their salaries?
The average compensation at National Bureau Of Economic Research Inc during 2022 was $23,138. There are 582 employees at National Bureau Of Economic Research Inc.
Here are 76 key members and their salaries (National Bureau Of Economic Research Inc's CEO's salary is $775,666 and their total compensation is $850,371):
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Official website here: www.nber.org
Where can I find the form 990 for National Bureau Of Economic Research Inc?
National Bureau Of Economic Research Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nber.org
Learn more at the official website: www.nber.org
Mission Statement of National Bureau Of Economic Research Inc
The National Bureau of Economic Research Inc, a renowned private, nonprofit, nonpartisan research organization, is dedicated to enhancing the economic knowledge base. Committed to unbiased, non-partisan economic research, the NBER disseminates findings to academic researchers, policy-makers, and business professionals.
The NBER undertakes research projects on a vast range of economics-related topics, with funding from various government agencies and private foundations. These sponsors include the National Institute of Health, the National Science Foundation, the Social Security Administration, and the Alfred P. Sloan Foundation, among others. With a robust network of over 1,700 affiliated researchers and over 300 ongoing research projects, the NBER is a significant contributor to the economic research community.
The organization's role in economic research is multifaceted. It conducts academic studies in-house and supports affiliated researchers in their projects. By promoting a greater understanding of economic principles through unbiased research, the NBER plays a crucial role in informing policy decisions and influencing economic practices. Ultimately, the NBER's mission is to generate and share knowledge that fosters a stronger, more informed economy.
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Impact
October, 2024
The National Bureau of Economic Research (NBER) plays a critical role in advancing economic knowledge and understanding. By conducting and disseminating unbiased economic research, it fosters informed decision-making among academic researchers, policy-makers, and business professionals. The organization sponsors a diverse array of research projects, funded through grants from government agencies and private foundations, ensuring a broad scope of topics that address pressing economic issues.
With over 1,700 affiliated researchers and more than 300 active research projects, the NBER produces valuable insights that help shape economic policy and business practices. Its findings contribute significantly to the public discourse on economic matters, influencing everything from regulatory frameworks to fiscal policy. The commitment to rigorous, non-partisan research underscores NBER’s impact on both academic and practical applications within the economics field. By facilitating a deeper understanding of economic dynamics, it serves as a vital resource for those looking to make data-driven decisions that can drive progress and inform policy directions.
This information is meant to be a general summary of National Bureau Of Economic Research Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,159,646
- Program Service Revenue: $1,527,439
- Gross Receipts: $43,155,493
Assets and Liabilities:
- Total Assets: $153,221,973
- Total Liabilities: $15,263,462
- Net Assets: $137,958,511
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTIONS AND PUBLICATIONS
Revenue
$1,527,439
Organization Details
Founding Year
1920
Phone
(617) 868-3900Principal Officer
James Poterba
Main Address
1050 MASSACHUSETTS AVE, CAMBRIDGE, MA, 021385359
Website
www.nber.orgNTEE Category
Code: V220 - Social research
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