Decision Sciences Institute INC FY2021 filing

Tax-deductible

Fresno, TX501(c)(3)Since 1969EIN 23-7025073

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Decision Sciences Institute provides forums to create, disseminate, and use knowledge to improve managerial decision making involving systems and people.

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
$92K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $203K a year · 21% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$92K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
31 mo
of spending, in cash
Looks good: 30.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$121K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$489K
-57% vs prior year
Spent
$469K
To programs
55%
Net assets
$2.8M
By yearFY2020–FY2024
Revenue
$489K
FY2021▼ -57%
Revenue by fiscal year
FY2020$1.1M
FY2021$489K
FY2022$934K
FY2023$1.1M
FY2024$1.2M
FY2024$1.5M
Expenses
$469K
FY2021▼ -46%
Expenses by fiscal year
FY2020$864K
FY2021$469K
FY2022$659K
FY2023$894K
FY2024$960K
FY2024$1.2M
Net assets
$2.8M
FY2021▲ +16%
Net assets by fiscal year
FY2020$2.4M
FY2021$2.8M
FY2022$2.7M
FY2023$3.0M
FY2024$3.4M
FY2024$3.6M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $259K Management & general 45% · $210K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $92K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$91,975Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
VP Professional Development
$0Pt VII · Sec A
VP Marketing
$0Pt VII · Sec A
VP Asia-Pacific
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Vivian Landrum$92,528$96,818$94,531$98,400$91,975$90,505

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Decision Sciences Institute INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Shares research on how people make decisions across different fields.

Provided by the organization

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2 programs · $259K · in their own filed words · FY2020
01

Decision Sciences Institute maintains a home office in Houston, Texas, with operating activities conducted worldwide including the following divisions and their regions: Americas Midwest, Northeast, Southeast, Southwest and Western regions; Europe; and Asia and Pacific including the Indian Subcontinent.

$249Kprogram expense
02

The DSI's flagship journal, Decision Sciences, first published in 1970, is now a highly recognized publication among practitioners and academicians.

$11Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$489K
Ln 12
Gifts and grantsLn 1h$171K
Other incomeLn 4–11$150K
Fees for servicesLn 2g$144K
Money outPt IX
$469K
Ln 25
Programscol B$259K
Managementcol C$210K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$2.9M
LiabilitiesLn 26$121K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$171K
Fees for servicesLn 2g$144K
Investment incomeLn 3$24K
Other incomeLn 4–11$150K
Gains on assetsLn 7$3K
Total revenueLn 12$489K
Assets in detailPt X, end of year
CashLn 1$981K
SavingsLn 2$220K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$1.6M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$2.9M
LiabilitiesLn 26$121K
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 52
VolunteersI 614
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.2M$1.2M
InvestmentsLn 11–13$1.2M$1.6M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$2.5M$2.9M
LiabilitiesLn 26$97K$121K
Net assetsLn 32$2.4M$2.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$119K$96K$24K
Other salaries and wagesLn 7$54K$16K$38K
Other employee benefitsLn 9$21K$13K$8K
Payroll taxesLn 10$10K$8K$3K
Legal feesLn 11b$72K$72K
Accounting feesLn 11c$16K$16K
Investment management feesLn 11f$7K$7K
Other fees for servicesLn 11g$10K$7K$2K
Office expensesLn 13$34K$4K$30K
Information technologyLn 14$77K$74K$2K
TravelLn 17$60$60
Conferences, conventions and meetingsLn 19$30K$30K$399
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$11K$11K
Total functional expensesLn 25$469K$259K$210K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.2M$960K$254K$3.4M 990 PDF
FY2023 $1.1M$894K$201K$3.0M 990 PDF
FY2022 $934K$659K$275K$2.7M 990 PDF
FY2021 Viewing $489K$469K$20K$2.8M 990 PDF
FY2020 $1.1M$864K$266K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $488,949 across 8 lines filed
VIII-1b Membership dues$154,425
VIII-1f All other contributions, gifts and grants$16,850
VIII-1h Total contributions, gifts and grants$171,275
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $143,543$143,543
VIII-3 Investment incomeExcluded from tax $20,809$20,809
VIII-5 RoyaltiesExcluded from tax $150,186$150,186
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,136$3,136
VIII-12 Total revenueRelated to mission $143,543 · Unrelated business $0 · Excluded from tax $174,131$488,949
Part IX · Statement of functional expenses $469,393 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $95,588 · Management $23,898$119,486
IX-7 Other salaries and wagesPrograms $16,151 · Management $38,214$54,365
IX-9 Other employee benefitsPrograms $13,349 · Management $8,013$21,362
IX-10 Payroll taxesPrograms $7,680 · Management $2,763$10,443
IX-11b Legal feesManagement $71,723$71,723
IX-11c Accounting feesManagement $16,299$16,299
IX-11f Investment management feesManagement $6,773$6,773
IX-11g Other fees for servicesPrograms $7,405 · Management $2,256$9,661
IX-13 Office expensesPrograms $3,864 · Management $29,836$33,700
IX-14 Information technologyPrograms $74,494 · Management $2,209$76,703
IX-17 TravelManagement $60$60
IX-19 Conferences, conventions and meetingsPrograms $30,019 · Management $399$30,418
IX-23 InsuranceManagement $7,490$7,490
IX-24 Other expenses (24a–d)Programs $10,910$10,910
IX-25 Total functional expensesPrograms $259,460 · Management $209,933 · Fundraising $0$469,393
Part X · Balance sheet $2,903,428 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,002,262$980,735
X-2 Savings and temporary cash investmentsStart of year $204,839$219,866
X-9 Prepaid expenses and deferred chargesStart of year $80,022$116,214
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $1,209,382$1,586,613
X-16 Total assetsStart of year $2,500,005$2,903,428
X-17 Accounts payable and accrued expensesStart of year $29,937$50,914
X-19 Deferred revenueStart of year $67,030$69,837
X-26 Total liabilitiesStart of year $96,967$120,751
X-27 Net assets without donor restrictionsStart of year $2,388,095$2,767,734
X-28 Net assets with donor restrictionsStart of year $14,943$14,943
X-32 Total net assets or fund balancesStart of year $2,403,038$2,782,677
X-33 Total liabilities and net assetsStart of year $2,500,005$2,903,428
Part XI · Reconciliation of net assets $2,782,677 net assets at year end
XI-1 Total revenue$488,949
XI-2 Total expenses$469,393
XI-3 Revenue less expenses$19,556
XI-4 Net assets at start of year$2,403,038
XI-5 Net unrealized gains (losses) on investments$360,083
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,782,677

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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