2025-10-15T12:09:33-05:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-01-01 135562321 PRACTISING LAW INSTITUTE PRAC 2128245700 1177 AVENUE OF THE AMERICAS NEW YORK NY 10036 SHARON L CRANE PRESIDENT 2128245700 2025-10-15 1 1 DANIEL ROMANO P00504182 2125990100 2024 2025-03-06 01:10:19Z SHARON L CRANE 1177 AVENUE OF THE AMERICAS NEW YORK NY 10036 137644807 0 X WWW.PLI.EDU X 1933 NY PRACTISING LAW INSTITUTE IS A NONPROFIT LEARNING ORGANIZATION DEDICATED TO KEEPING ATTORNEYS AND OTHER PROFESSIONALS AT THE FOREFRONT OF KNOWLEDGE AND EXPERTISE, AS WELL AS PREPARING THEM TO FULFILL THEIR PRO BONO RESPONSIBILITIES. 21 21 360 4433 0 0 500 0 102109851 108779664 11435009 4263863 1250023 1263116 114795383 114306643 21622851 23816365 0 0 51331343 55973342 0 0 0 31399170 32543707 104353364 112333414 10442019 1973229 202302388 207984144 102932248 97202624 99370140 110781520 X PRACTISING LAW INSTITUTE IS A NONPROFIT LEARNING ORGANIZATION DEDICATED TO KEEPING ATTORNEYS AND OTHER PROFESSIONALS AT THE FOREFRONT OF KNOWLEDGE AND EXPERTISE, AS WELL AS PREPARING THEM TO FULFILL THEIR PRO BONO RESPONSIBILITIES. (SEE SCHEDULE O)ORGANIZATION'S MISSION (CONTINUED)THE INSTITUTE IS CHARTERED BY THE REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK, AND WAS FOUNDED IN 1933 BY HAROLD P. SELIGSON. THE INSTITUTE PROVIDES THE HIGHEST QUALITY, ACCREDITED, CONTINUING LEGAL AND PROFESSIONAL EDUCATION PROGRAMS IN A VARIETY OF FORMATS WHICH AREDELIVERED BY 4,433 VOLUNTEER FACULTY INCLUDING PROMINENT LAWYERS, JUDGES, INVESTMENT BANKERS, ACCOUNTANTS, CORPORATE COUNSEL, AND U.S. AND INTERNATIONAL GOVERNMENT SPEAKERS. THE INSTITUTE PUBLISHES A COMPREHENSIVE LIBRARY OF TREATISES, COURSE HANDBOOKS AND ANSWER BOOKSTHAT ARE ALSO AVAILABLE THROUGH THE PLI PLUS ONLINE PLATFORM. A SIGNIFICANT PART OF THE INSTITUTE'S MISSION IS A COMMITMENT TO THE PRO BONO COMMUNITY. 0 0 86915288 23816365 100780091 PROGRAMS: IN 2024, THE INSTITUTE PROVIDED LIVE SEMINARS, LIVE WEBCASTS, ON-DEMAND SEMINARS, AND AUDIO AND VIDEO DOWNLOADS. APPROXIMATELY 1,129,492 CONTINUING EDUCATION ACCREDITATION CERTIFICATES WERE PROCESSED FOR THESE PROGRAMS. 16368477 0 9262689 PUBLISHING SERVICES SUPPLEMENT THE SEMINARS OFFERED BY THE INSTITUTE TO PROVIDE THE MOST UP-TO-DATE, RELEVANT INFORMATION AND RESOURCE MATERIALS. ANNUALLY THE INSTITUTE PROVIDES COURSE HANDBOOKS, TREATISES, AND SUPPLEMENTS WHICH ARE IMPORTANT IN PROVIDING THE LEGAL COMMUNITY AND ALLIED PROFESSIONALS WITH THE TOOLS TO STAY ABREAST OF NEW LEGAL DEVELOPMENTS. IN 2024, THERE WERE 283 COURSE HANDBOOKS, 33 TREATISES AND ANSWER BOOKS, AND 93 TREATISE SUPPLEMENTS RELEASED. 139 TREATISES WERE AVAILABLE FOR DOWNLOAD ON THE KINDLE DIGITAL READER. OTHER REVENUE INCLUDES SUBSCRIPTION TO PLI PLUS (AN ONLINE DATABASE). 103283765 1 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 291 0 1 360 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY X X EMILIA SIMA 2125908835 1177 AVENUE OF THE AMERICAS NEW YORK NY 10036 ADRIAN E DOLLARD CHAIR OF THE BOARD 1.00 0.00 X X 0 0 0 LYNN K NEUNER VICE CHAIR OF THE BOARD 1.00 0.00 X X 0 0 0 ROBERT P BARTLETT III BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 PHILIP R BRYCE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 DEVEREUX CHATILLON BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 ELLEN M COSGROVE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 JONATHAN I FORREST BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 HON DIANE GUJARATI BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 DAWSON HORN III BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 LARRY H KRANTZ BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 MEI LIN KWAN-GETT BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 CARMEN J LAWRENCE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 JAI MASSARI BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 TROY A MCKENZIE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 TIFFANY MOLLER BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 HON DIANNE T RENWICK BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 NOGA ROSENTHAL BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 TAMMY L ROY BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 SAMUEL W SEYMOUR BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 KATHERINE J STOLLER BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 HON ELIZABETH S STONG BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 SHARON L CRANE PRESIDENT 40.00 0.00 X 788230 0 109492 CRAIG A MILLER CHIEF CUSTOMER OFFICER 40.00 0.00 X 521199 0 89101 CHRISTOPHER ROUSSEAU CHIEF INFORMATION OFFICER 40.00 0.00 X 446696 0 81027 DAVID M SMITH CHIEF MARKETING OFFICER 40.00 0.00 X 401381 0 88462 KARA O'BRIEN CHIEF CONTENT OFFICER (AS OF 05/24) 40.00 0.00 X 361155 0 82816 EMILIA SIMA CFO & TREASURER (AS OF 05/24) 40.00 0.00 X 364988 0 54628 JOAN D STERNBERG SR VP, HR & FACILITIES (THRU 08/24) 40.00 0.00 X 320141 0 51395 ALAN G COHEN CHIEF BUSINESS OFFICER (THRU 06/24) 40.00 0.00 X 262886 0 38204 SAMANTHA GOLDSBERRY SECRETARY TO THE BOARD & EXEC ASST 40.00 0.00 X 88911 0 24387 GEORGE M WILSON DIRECTOR, SEC INSTITUTE 40.00 0.00 X 387279 0 82722 JAMES SCAFIDI VP, MEMB. SALES & A/C SVCS. 40.00 0.00 X 361208 0 79676 SYLVIA M ABADIER DIR, MEMBERSHIP SALES 40.00 0.00 X 290748 0 74635 KIRSTEN TALMAGE SVP, STRATEGIC PLANNING & B.A. 40.00 0.00 X 280380 0 74842 DAVID THAU SR. MANAGER, MEMBERSHIP SALES 40.00 0.00 X 273012 0 73403 5148214 0 1004790 186 0 1 0 WORK & CO INTERNATIONAL INC 231 FRONT ST 5TH FL BROOKLYN NY 11201 CONSULTING 3502060 THE VERNDALE CORP PO BOX 51369 BOSTON MA 02205 CONSULTING 1889438 SARALUX 260 MADISON AVE 8TH FLOOR NEW YORK CITY NY 10016 CONSULTING 1623100 MICROSOFT CORP PO BOX 848529 DALLAS TX 75284 SOFTWARE LICENSES 1480169 AZIRIO INC 114 CARSON DR NORTH WALES PA 19494 CONSULTING 674173 47 PROGRAMS, SEMINARS & CONFERENCES 611600 100780091 100780091 PLI PLUS 519100 7999573 7999573 108779664 2577597 2577597 24071303 22385037 1686266 1686266 1686266 2216243 953127 1263116 1263116 114306643 110042780 0 4263863 23816365 23816365 4175098 2327763 1847335 38761904 35455396 3306508 3307986 3018003 289983 6699716 5958460 741256 3028638 2730133 298505 1371210 1127014 244196 157366 75959 81407 290000 290000 552780 552780 1662570 1662570 953746 835078 118668 7170612 6727556 443056 743887 743887 5993584 5656569 337015 1251883 1187620 64263 3981116 3979957 1159 190980 190980 5764604 5527081 237523 516968 476878 40090 POST RETIREMENT BENEFIT 1058000 971431 86569 TELECOMMUNICATION 317171 293744 23427 TRAINING 308752 271042 37710 OFFICE EQUIPMENT 129365 121166 8199 129113 129113 112333414 103283765 9049649 0 20904245 19464875 738932 766262 2375857 2190439 265420 279750 5846880 6620629 87088141 56546064 27627978 30542077 64369180 69633837 53930640 56674672 616500 521200 25626756 21290403 202302388 207984144 10153901 10164930 37769934 38734202 8500000 7500000 46508413 40803492 102932248 97202624 X 99370140 110781520 99370140 110781520 202302388 207984144 X 1973229 8595524 842627 X 0 1 X 1 0 X 25000 4795 0 500 0 30295 91677469 96795880 101363273 104463930 110995907 505296459 91702469 96800675 101363273 104464430 110995907 505326754 0 0 0 505326754 777337 1657601 2184361 2493403 2577597 9690299 777337 1657601 2184361 2493403 2577597 9690299 92479806 98458276 103547634 106957833 113573504 515017053 0.98120 0.98100 0.01880 0.01690 X 94313 0 18513475 10230696 8282779 14907873 12428570 2479303 53666793 33886798 19779995 30542077 ALTERNATIVE MUTUAL FUNDS 47093341 F HEDGE FUNDS 8300615 F PRIVATE EQUITY 1280716 F 56674672 OPERATING LEASE RIGHT OF USE ASSET 21290403 21290403 LEASE LIABILITY 27509492 ACCRUED POST-RETIREMENT BENEFITS 13294000 40803492 X 99486149 8595524 -23816365 -15220841 114706990 552780 -953127 -400347 114306643 88917396 953127 953127 87964269 552780 23816365 24369145 112333414 PART III, LINE 4: THE ARTWORK HELD BY PLI CONSISTS OF PORTRAITS OF THE FOUNDER AND FORMER BOARD MEMBERS OF PLI AND A PLI HISTORY DISPLAY. THE PORTRAITS WERE PREVIOUSLY DISPLAYED IN PLI CONFERENCE ROOMS BUT ARE IN STORAGE CURRENTLY. PART X, LINE 2: THE INSTITUTE FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT STATUS, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. PLI HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE INSTITUTE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED FROM REVENUE -23,816,365. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -953,127. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 953,127. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED FROM REVENUE 23,816,365. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENT 11117309 0 0 0 0 0 0 11117309 0 11117309 0 0 1 0 0 0 SCHEDULE F, PART IV: THE INSTITUTE HOLDS INVESTMENTS IN VARIOUS HEDGE FUNDS THAT ARE INCORPORATED IN FOREIGN JURISDICTIONS AND VARIOUS UNITED STATES LIMITED PARTNERSHIPS THAT MAY MAKE INVESTMENTS IN FOREIGN CORPORATIONS. WHILE THE INSTITUTE DOES HAVE AN OWNERSHIP INTEREST IN A FOREIGN CORPORATION AND IS, THEREFORE, REQUIRED TO MARK QUESTION 3 YES, ITS OWNERSHIP PERCENTAGE DOES NOT REACH THE THRESHOLD REQUIRED TO FILE A FORM 5471. TO THE EXTENT THE INSTITUTE IS REQUIRED TO FILE ANY OF THE FORMS LISTED IN PART IV, THEY WILL BE ATTACHED TO A FORM 990-T FILING. 1 COURSE/PROGRAM SCHOLARSHIPS 19952 23816365 FMV PLI PRODUCTS PART I, LINE 2: THE SCHOLARSHIPS ARE MONITORED BY MEMBERS OF THE PRO BONO DEPARTMENT. APPLICATIONS ARE SUBMITTED NO LATER THAN 3 DAYS PRIOR TO THE START OF THE SERVICE. APPLICATIONS ARE AWARDED BASED ON THE CRITERIA ESTABLISHED BY THE COMMITTEE. NOTIFICATIONS OF SCHOLARSHIPS ARE FORWARDED TO THE APPLICANT PRIOR TO THE START OF THE SERVICE. X X X X X 0 1 0 1 0 0 0 1 0 SHARON L CRANE PRESIDENT 787000 0 0 0 1230 0 79845 0 29647 0 897722 0 0 0 CRAIG A MILLER CHIEF CUSTOMER OFFICER 352097 0 116927 0 52175 0 46897 0 42203 0 610299 0 52175 0 CHRISTOPHER ROUSSEAU CHIEF INFORMATION OFFICER 433902 0 0 0 12794 0 43948 0 37079 0 527723 0 12794 0 DAVID M SMITH CHIEF MARKETING OFFICER 397100 0 0 0 4282 0 40428 0 48034 0 489843 0 4282 0 GEORGE M WILSON DIRECTOR, SEC INSTITUTE 387279 0 0 0 0 0 34500 0 48222 0 470001 0 0 0 KARA O'BRIEN CHIEF CONTENT OFFICER (AS OF 05/24) 361155 0 0 0 0 0 37184 0 45631 0 443971 0 0 0 JAMES SCAFIDI VP, MEMB. SALES & A/C SVCS. 263190 0 98018 0 0 0 34500 0 45176 0 440884 0 0 0 EMILIA SIMA CFO & TREASURER (AS OF 05/24) 364988 0 0 0 0 0 36427 0 18201 0 419616 0 0 0 JOAN D STERNBERG SR VP, HR & FACILITIES (THRU 08/24) 289500 0 25000 0 5641 0 30614 0 20781 0 371536 0 5641 0 SYLVIA M ABADIER DIR, MEMBERSHIP SALES 168499 0 122249 0 0 0 29715 0 44920 0 365383 0 0 0 KIRSTEN TALMAGE SVP, STRATEGIC PLANNING & B.A. 280380 0 0 0 0 0 29451 0 45391 0 355222 0 0 0 DAVID THAU SR. MANAGER, MEMBERSHIP SALES 92536 0 180476 0 0 0 28566 0 44837 0 346415 0 0 0 ALAN G COHEN CHIEF BUSINESS OFFICER (THRU 06/24) 245435 0 0 0 17451 0 24334 0 13869 0 301090 0 17451 0 PART I, LINE 4B SUPPLEMENTATION NONQUALIFIED RETIREMENT PLANS THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE 457(F) PLAN BUT DID NOT RECEIVE A PAYOUT IN 2024 SHARON CRANE KARA O'BRIEN EMILIA SIMA RECEIVED A PAYOUT IN 2024 DAVID SMITH CRAIG MILLER CHRISTOPHER ROUSSEAU JOAN STERNBERG ALAN COHEN PART I, LINE 5 COMPENSATION CONTINGENT ON REVENUE THE PRACTISING LAW INSTITUTE PAID ADDITIONAL COMPENSATION TO THE FOLLOWING INDIVIDUALS REPORTED ON SCHEDULE J: CRAIG MILLER, JAMES SCAFIDI, SYLVIA ABADIER AND DAVID THAU. THESE ADDITIONAL COMPENSATION AMOUNTS WERE GRANTED BASED ON THE INDIVIDUAL MEETING CERTAIN SALES TARGETS AND PERFORMANCE OBJECTIVES. PART I, LINE 7 NON-FIXED PAYMENTS THE PRACTISING LAW INSTITUTE PAID ADDITIONAL COMPENSATION TO CRAIG MILLER, JAMES SCAFIDI, SYLVIA ABADIER AND DAVID THAU. THESE PAYMENTS WERE GRANTED ON SALES TARGETS AND OBJECTIVE PERFORMANCE-BASED METRICS DEVELOPED BY MANAGEMENT WITH EXPERT HELP FROM COMPENSATION CONSULTANTS. NONE OF THESE INDIVIDUALS HAD ANY INPUT INTO THE PAYMENTS THAT WERE AWARDED. JOAN STERNBERG ALSO RECEIVED A DISCRETIONARY, NON-CONTINGENT BONUS PAYMENT THAT WAS APPROVED BY THE BOARD. FORM 990, PART I, LINE 6: VOLUNTEER: VOLUNTEER INSTRUCTIONAL SERVICES ARE PROVIDED BY ATTORNEYS AND OTHERS IN THE LEGAL PROFESSION. THE VALUE OF THE VOLUNTEER SERVICES HAS NOT BEEN REFLECTED IN THE FINANCIAL STATEMENTS AS THE NATURE OF THESE SERVICES DOES NOT MEET THE CRITERIA FOR RECOGNITION OF CONTRIBUTED SERVICES UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA. FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW PROCESS THE PRACTISING LAW INSTITUTE'S FORM 990 WAS PREPARED BY A NATIONALLY RENOWNED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE BOARD OF TRUSTEES AFTER REVIEW BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. EACH BOARD MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT EACH TRUSTEE OF THE PRACTISING LAW INSTITUTE IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE ORGANIZATION. PRACTISING LAW INSTITUTE MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. FORMS ARE REVIEWED BY MANAGEMENT, CHAIR OF AUDIT COMMITTEE AND CHAIR OF THE BOARD AND POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION PRACTISING LAW INSTITUTE UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS MANAGEMENT AND ALL OF THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS REASONABLE GIVEN THE MARKET IN WHICH IT OPERATES. THE BOARD OF TRUSTEES HAS ESTABLISHED A COMPENSATION COMMITTEE OF INDEPENDENT PERSONS THAT HAVE NO PERSONAL INTERESTS IN THE PROPOSED COMPENSATION AGREEMENT. THE COMPENSATION COMMITTEE UTILIZED BENCHMARK DATA, SURVEYS, AND OTHER REPORTS TO DERIVE THE PRESIDENT'S SALARY. THE PRESIDENT HAS NO DECISION-MAKING AUTHORITY WITH RESPECT TO HER OWN COMPENSATION ARRANGEMENT. THE COMPENSATION COMMITTEE REVIEWS COMPARABILITY DATA AND MAKES A RECOMMENDATION TO THE BOARD WITH RESPECT TO THE REASONABLE COMPENSATION OF THE PRESIDENT. THE BOARD APPROVES THE PRESIDENT'S SALARY. THE INSTITUTE'S PRESIDENT AND SENIOR VICE PRESIDENT REVIEW COMPARABILITY AND MARKET DATA AND PERFORMANCE REVIEWS AND MAKES A RECOMMENDATION TO THE COMPENSATION COMMITTEE WITH RESPECT TO 1) ANNUAL RAISES FOR ALL OFFICERS AND 2) A RANGE OF MERIT-BASED SALARY INCREASES FOR ALL EMPLOYEES. THE COMPENSATION COMMITTEE APPROVES THESE RAISES AND THE RANGE OF SALARY INCREASES. THE FULL PLI BOARD APPROVES THE OVERALL BUDGET, WHICH INCLUDES ALL PERSONNEL EXPENSES FOR THE UPCOMING BUDGET YEAR. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO THE PUBLIC THE INSTITUTE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE INSTITUTE'S FINANCIAL STATEMENTS ARE AVAILABLE ON THEIR WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, HOWEVER, IF REQUESTED, THEY WILL BE PROVIDED AT THE INSTITUTE'S DISCRETION. FORM 990, PART XI, LINE 9: PENSION RELATED ADJUSTMENT 842,627.