2026-06-12T09:38:04-05:00 2025-07-31 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2024-08-01 521699641 THE INSTITUTE OF WORLD POLITICS INST 2024622101 1521 16TH STREET NW WASHINGTON DC 20036 CHRISTOPHER GLASS EXECUTIVE VICE PRESIDENT 2024622101 2026-06-11 1 0 JULIA FLANNERY P00928918 3012963600 2026-06-11 2024 2025-03-06 01:10:19Z CHRISTOPHER GLASS 1521 16TH STREET NW WASHINGTON DC 20036 13798559 0 X WWW.IWP.EDU X 1990 DC A GRADUATE SCHOOL OF NATIONAL SECURITY AND INTERNATIONAL AFFAIRS, DEDICATED TO DEVELOPING LEADERS WITH A SOUND UNDERSTANDING OF INTERNATIONAL REALITIES, AND THE ETHICAL CONDUCT OF STATECRAFT. IWP'S APPROVED ACTIVITIES INCLUDE EDUCATION, RESEARCH AND PUBLICATION. 26 24 95 25 0 0 9963749 7486350 2969711 3783149 112047 100053 -225585 -234104 12819922 11135448 851600 883781 0 0 7154239 7546462 0 0 1012574 4035163 3582209 12041002 12012452 778920 -877004 23599115 20905634 7989645 7271512 15609470 13634122 X THE INSTITUTE OF WORLD POLITICS IS A GRADUATE SCHOOL OF NATIONAL SECURITY AND INTERNATIONAL AFFAIRS, DEDICATED TO DEVELOPING LEADERS WITH A SOUND UNDERSTANDING OF INTERNATIONAL REALITIES AND THE ETHICAL CONDUCT OF STATECRAFT, BASED ON KNOWLEDGE AND APPRECIATION OF THE FOUNDING PRINCIPLES OF THE AMERICAN POLITICAL ECONOMY AND THE WESTERN MORAL TRADITION. 0 0 5339366 883781 3783149 THE INSTITUTE OFFERS THREE M.A. DEGREES IN ITS MASTER'S DEGREE PROGRAM, EIGHT CERTIFICATES OF GRADUATE STUDY, AND A CONTINUING EDUCATION PROGRAM, ALL WITH A PROFESSIONAL CURRICULUM COVERING THE VARIOUS ELEMENTS OF STATECRAFT. THIS CURRICULUM IS BASED UPON AN INTERDISCIPLINARY FOUNDATIONAL COURSE OF STUDY THAT INCLUDES RELEVANT ELEMENTS OF COMPARITIVE POLITICAL CULTURE, WESTERN MORAL PRECEPTS, PRACTICAL POLITICAL ECONOMICS, AND A POLITICAL AND DIPLOMATIC HISTORY. 1568451 THE INSTITUTE HAS A PROGRAM OF EDUCATIONAL AND OCCUPATIONAL COUNSELING FOR IT'S STUDENTS FROM VARIOUS PEOPLE ASSOCIATED WITH THE INSTITUTE, INCLUDING THE FACULTY CHAIRMAN, THE ADMISSIONS COORDINATOR, AND OTHER FACULTY MEMBERS. THE INSTITUTE ASSISTS ITS STUDENTS WITH FINDING EMPLOYMENT OPPURTUNITIES, PARTICULARLY THOSE IN THE FOREIGN AFFAIRS AND THE NATIONAL SECURITY FIELDS. 406040 THE LIBRARY OFFERS SERVICES TO SUPPORT THE INSTITUTE'S CURRICULUM AND EXPAND STUDENTS' LEARNING OUTSIDE OF THE CLASSROOM BY PROVIDING ACCESS TO OUR PRINT COLLECTIONS, ELECTRONIC SUBSCRIPTIONS, AS WELL AS ACCESS TO PARTNER LIBRARIES. 7313857 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 95 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AZ CA CO IL MA MD MI NJ NH NV NY OH OK OR RI WA X X CHRISTOPHER GLASS 2024622101 1521 16TH STREET NW WASHINGTON DC 20036 DR JOHN LENCZOWSKI CHANCELLOR & PRESIDENT EMERITUS 40.00 X X 221330 0 49310 ALDONA WOS PRESIDENT 40.00 X X 228048 0 12961 JOHN LOVEWELL CHAIRMAN 8.00 X X 0 0 0 HON MARIO M KRANJAC VICE CHAIRMAN 8.00 X X 0 0 0 HON TIDAL W MCCOY TREASURER AND SECRETARY 8.00 X X 0 0 0 SEAN FIELER TRUSTEE 1.00 X 0 0 0 CARLOS E FONTS SR TRUSTEE 1.00 X 0 0 0 JOHN K GARVEY TRUSTEE 1.00 X 0 0 0 HEIDI LEBARON LEUPP TRUSTEE 1.00 X 0 0 0 DR LONG NGUYEN TRUSTEE 1.00 X 0 0 0 KARLA AHMANSON TRUSTEE 1.00 X 0 0 0 GARRETT JOHNSON TRUSTEE 1.00 X 0 0 0 DOUGLASS MACKINNON TRUSTEE 1.00 X 0 0 0 BURK MURCHISON TRUSTEE 1.00 X 0 0 0 ELISE MURCHISON TRUSTEE 1.00 X 0 0 0 HON EDWARD F REILLY JR TRUSTEE 1.00 X 0 0 0 WILLIAM SHAW TRUSTEE 1.00 X 0 0 0 DONALD V SMITH TRUSTEE 1.00 X 0 0 0 D TIMOTHY WHITE PDD TRUSTEE 1.00 X 0 0 0 RJ BLAKE TRUSTEE 1.00 X 0 0 0 KELLEY DECONCILIIS TRUSTEE 1.00 X 0 0 0 JUSTIN FREEH TRUSTEE 1.00 X 0 0 0 ALEXANDER GRAY TRUSTEE 1.00 X 0 0 0 DR CAN XUAN NGUYEN TRUSTEE 1.00 X 0 0 0 MAJOR GEN STEPHEN T SARGEANT TRUSTEE 1.00 X 0 0 0 JACQUELINE T WIELAND TRUSTEE 1.00 X 0 0 0 CHRISTOPHER GLASS EXECUTIVE VP 40.00 X 196584 0 11802 ARIANE SWEENEY DIRECTOR OF ADVANCEMENT 40.00 X 174627 0 34199 JASON JOHNSRUD DEAN OF STUDENTS 40.00 X 123554 0 16828 MILTON LANE CIO 40.00 X 177781 0 10315 JAMES ROBBINS ACADEMIC DEAN 40.00 X 193413 0 12888 MAREK CHODAKIEWICZ PROFESSOR 40.00 X 229704 0 39956 DAVID GLANCY PROFESSOR 40.00 X 160747 0 36283 CHRISTOPHER HARMON PROFESSOR 40.00 X 161255 0 10034 DAVID THOMAS PROFESSOR 40.00 X 163220 0 1069 S J TSAGRONIS PROFESSOR 40.00 X 176339 0 37648 2206602 0 273293 22 0 1 0 THE DIVERSE GROUP 25245 FIVE MILLS ROAD SUITE 7 WEST REDFORD MI 48239 CAREER PLACEMENT 122600 BLACKWELL CONSULTING LLC 1601 CONCORD PIKE SUITE 40 WILMINGTON DE 19803 HUMAN RESOURCES 120000 2 373032 7113318 59396 7486350 TUITION FEES 611310 3172752 3172752 STUDENT FEES 611710 610397 610397 3783149 203323 203323 30700 12304 18396 18396 18396 2239305 2342575 -103270 -103270 -103270 41481 373032 308232 -266751 -266751 OTHER INCOME 900099 14251 14251 14251 11135448 3783149 0 -134051 883781 883781 1447226 926033 360980 160213 4915731 3155514 1228067 532150 155962 89708 43571 22683 512366 344294 105718 62354 515177 335959 124156 55062 24303 24303 128852 128852 26867 26867 611115 451652 142286 17177 384854 383807 859 188 258371 122814 89381 46176 119893 42551 72377 4965 307378 131199 154711 21468 172791 82438 58757 31596 492556 90237 371183 31136 212774 212774 454696 454696 92536 57118 26740 8678 PUBLICATIONS & SUBSCRIP 164301 132700 31601 BANK & CC FEES 55021 34760 11780 8481 DUES 11959 8897 2672 390 BAD DEBT EXPENSES 6695 4230 1433 1032 57247 36165 12257 8825 12012452 7313857 3686021 1012574 1533 500 3888070 3292941 3100917 2224939 647576 393404 367324 149171 12249293 2473400 9760653 9775893 5245077 4040078 587965 1028708 23599115 20905634 488927 342297 645491 7227 253495 6848000 6639471 0 36249 7989645 7271512 X 9674038 8641440 5935432 4992682 15609470 13634122 23599115 20905634 X -877004 -337642 -774847 14145 X X 0 0 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 3170773 445129 680 3615222 3160082 137291 126600 3170773 3163713 5610 98432 107673 3160082 3698062 115411 -507411 142349 3163713 2929662 44972 873148 149720 3698062 0.12580 0.87420 0.00000 0 0 2060000 2060000 8525623 1899605 6626018 801128 801128 862542 573795 288747 9775893 ANNUITY OBLIGATION 18740 CAPITAL LEASE OBLIGATION 17509 36249 PART III, LINE 4: IN JUNE 2002, THE INSTITUTE RECEIVED THE GIFT OF THE EXTRAORDINARY PRIVATE LIBRARY OF WILLIAM J. CASEY, THE LATE DIRECTOR OF CENTRAL INTELLIGENCE. THE LIBRARY CURRENTLY CONTAINS MORE THAN 30,000 VOLUMES, INCLUDING THOUSANDS OF RARE AND OUT-OF-PRINT NATIONAL SECURITY BOOKS. PART V, LINE 4: THE INSTITUTE'S ENDOWMENT IS USED TO FUND EDUCATIONAL PROGRAMS RUN BY THE INSTITUTE, AS WELL AS TO COVER THE DAY-TO-DAY EXPENSES OF OPERATION. FORM 990, PART IV, LINE 12 AND FORM 990, PART XII, LINES 2B THROUGH 3B: AT THE TIME OF FILING THIS FORM 990, THE INSTITUTE'S AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR WERE NOT YET COMPLETED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE INSTITUTE PUBLISHES ITS NON-DISCRIMINATORY POLICY ON ITS WEBSITE AND IN ITS STUDENT CATALOG & STUDENT HANDBOOK (THE TWO ITEMS ARE COMBINED IN ONE PRINTED DOCUMENT) THE CATALOG/HANDBOOK APPEARS ON THE IWP WEBSITE IN PDF FORM AND THE FULL STATEMENT APPEARS ON THE ADMISSION PAGE OF THE WEBSITE AT HTTPS://WWW.IWP.EDU/CURRENT-STUDENTS/STUDENT-LIFE/NON-DISCRIMINATION-POLICY SCHEDULE E, PART I, LINE 6 THE INSTITUTE PARTICIPATES IN A FEDERAL STUDENT LOAN PROGRAM WITH THE DEPARTMENT OF EDUCATION. IN FISCAL YEAR 2025, THE INSTITUTE RECEIVED STUDENT FINANCIAL ASSISTANCE. THIS AMOUNT IS USED TO FUND STUDENT TUITION AND REPRESENTS A FLOW-THROUGH THAT DOES NOT IMPACT THE INSTITUTE'S INCOME STATEMENT. GALA 414513 373032 41481 33101 233511 12900 28720 414513 373032 41481 33101 233511 12900 28720 308232 -266751 1 SCHOLARSHIPS 105 883781 PART I, LINE 2: THE INSTITUTE OFFERS SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE INSTITUTE. THESE SCHOLARSHIPS ARE PROVIDED AS DIRECT REDUCTIONS TO TUITION COSTS, AND NO FUNDS ARE REMITTED TO THE STUDENTS. BECAUSE STUDENTS DO NOT HAVE DISCRETION OVER HOW THESE FUNDS ARE APPLIED, THE INSTITUTE IS NOT REQUIRED TO MONITOR THEIR USE. RESEARCH FELLOWS ARE SELECTED BASED ON QUALIFICATIONS IN THEIR AREA OF RESEARCH, AS DETERMINED BY THE DIRECTOR OF THE CENTER FOR CULTURE AND SECURITY. GRANTS ARE AWARDED BASED ON GRANT BUDGETS AND FUNDING AVAILABILITY. ONCE AWARDED, GRANT FUNDS ARE USED AT THE FELLOW'S DISCRETION. PERIODIC UPDATES ARE REQUIRED IN ACCORDANCE WITH THE GRANT AGREEMENT, WHICH OUTLINES EXPECTED OUTCOMES AND DELIVERABLES. ACADEMIC FELLOWS AND STUDENTS REQUESTING SCHOLARSHIPS APPLY TO IWP AND ARE AWARDED FELLOWSHIPS BY THE FINANCIAL AID COMMITTEE. X 1 1 X X 0 0 0 0 0 0 0 0 0 DR JOHN LENCZOWSKI CHANCELLOR & PRESIDENT EMERITUS 218549 0 0 0 2781 0 11250 0 38060 0 270640 0 0 0 MAREK CHODAKIEWICZ PROFESSOR 228120 0 0 0 1584 0 1200 0 38756 0 269660 0 0 0 ALDONA WOS PRESIDENT 225000 0 0 0 3048 0 11250 0 1711 0 241009 0 0 0 S J TSAGRONIS PROFESSOR 174755 0 0 0 1584 0 9090 0 28558 0 213987 0 0 0 ARIANE SWEENEY DIRECTOR OF ADVANCEMENT 163595 0 10000 0 1032 0 8854 0 25345 0 208826 0 0 0 CHRISTOPHER GLASS EXECUTIVE VP 195000 0 0 0 1584 0 9750 0 2052 0 208386 0 0 0 JAMES ROBBINS ACADEMIC DEAN 191829 0 0 0 1584 0 9599 0 3289 0 206301 0 0 0 DAVID GLANCY PROFESSOR 160195 0 0 0 552 0 8530 0 27753 0 197030 0 0 0 MILTON LANE CIO 175000 0 0 0 2781 0 8750 0 1565 0 188096 0 0 0 CHRISTOPHER HARMON PROFESSOR 156311 0 0 0 4944 0 7820 0 2214 0 171289 0 0 0 DAVID THOMAS PROFESSOR 163220 0 0 0 0 0 0 0 1069 0 164289 0 0 0 PART I, LINE 1A JOHN BERGHOLZ, VP OF INSTITUTIONAL ADVANCEMENT RESIDES IN CHICAGO, ILLINOIS. IWP PAYS QUARTERLY DUES FOR THE UNION LEAGUE CLUB OF CHICAGO. IWP CONDUCTS MEETINGS THERE. IWP PAID NON-TAXABLE DUES IN THE AMOUNT OF $570. A DC REVENUE BONDS SERIES 2016 (2022 REISSUANCE) 536001131 2022-03-30 7200000 TO REFINANCE BOND SERIES 2016 TO FUND THE ACQUISITION OF THE CAMPUS 0 0 0 A 515000 7200000 128023 7071977 2022 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 1 1 PINNACLE BANK 15.000000000000 0 0 0 0 1 A 1 X 5 59396 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 BURK MURCHISON AND ELISE MURCHISON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE INSTITUTE FINANCIAL DEPARTMENT. THE FORM 990 IS CIRCULATED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING FOR COMMENT AND APPROVAL. ONCE APPROVED, THE FORM 990 IS ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE OF WORLD POLITICS HAS A CONFLICT OF INTEREST POLICY IN PLACE. EVERY EMPLOYEE OF THE INSTITUTE IS REQUIRED TO COMPLY WITH THE REQUIREMENTS OF THE CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS, ALL EMPLOYEES (INCLUDING OFFICERS, DIRECTORS AND KEY EMPLOYEES) ARE REQUIRED TO DISCLOSE ANY BUSINESS TRANSACTIONS WITH EITHER THE INSTITUTE OR WITH ANOTHER INSTITUTE EMPLOYEE. THIS POLICY OF DISCLOSURE ALSO EXTENDS TO FAMILY MEMBERS OF INSTITUTE EMPLOYEES. THE INSTITUTE EXCERCISES DUE DILIGENCE WITH RESPECT TO ALL CONFLICT OF INTEREST DISCLOSURE. TO THE EXTENT ANY CONFLICT IS DISCOVERED, THE MATTER IS ADDRESSED IMMEDIATELY BY THE APPROPRIATE INSTITUTE DEPARTMENT. NO CONFLICTS WERE DISCLOSED IN THE YEAR ENDING JULY 31, 2025. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES DETERMINES THE PRESIDENT'S COMPENSATION, USUSALLY IN EXECUTIVE SESSION AT ONE OF THE REGULAR SPRING OR FALL BOARD MEETINGS. AT THESE MEETINGS, THE TRUSTEES REVIEW AND DISCUSS THE PRESIDENT'S PERFORMANCE AND ANNUAL COMPENSATION. A FORMAL PROCESS WAS PUT IN PLACE ESTABLISHING AN EMPLOYEMENT AGREEMENT. THE SALARY SHALL BE REVIEWED EVERY TWO YEARS AND ADJUSTED AS DETERMINED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD OF TRUSTEES. THIS PROCESS HAS NOT BEEN AN ANNUAL PROCESS, BUT THE INSTITUTE IS LOOKING TO IMPLEMENT A FORMAL PROCESS THAT IS CONSISTENT AND DOCUMENTED IN THE APPROPRIATE BOARD MINUTES. THE EMPLOYMENT AGREEMENT SHALL EXPIRE ON JULY 31, 2026. WITHIN THE CONTEXT OF APPROVED BUDGET, THE PRESIDENT REVIEWS AND APPROVES THE COMPENSATION OF THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, THE VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT, AND THE DEAN OF ACADEMIC AFFAIRS. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: UNREALIZED GAIN (LOSS) ON INTEREST RATE SWAPS 14,145. FORM 990, PART XIII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. FORM 990, PART XII, LINE 3B: AT THE TIME OF FILING THIS FORM 990, THE INSTITUTE'S AUDITED UNIFORM GUIDANCE FINANCIAL STATEMENTS FOR THE FISCAL YEAR WERE NOT YET COMPLETED.