Nonprofit · EIN 88-0557075
PERCEPTION INSTITUTE INC
Tax-exempt · BROOKLYN, NY 11201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,353,403 | $2,061,559 | -$708,156 | $434,902 | $416,133 | $18,769 |
| December 31, 2023 | 990 | $2,291,476 | $2,292,764 | -$1,288 | $1,047,365 | $320,440 | $726,925 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $711,713
- Program service revenue
- $640,744
- Investment income
- $946
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $871,557
- Other salaries and wages
- $403,177
- Salaries, compensation and benefits (total)
- $1,354,711
- Professional fundraising fees
- $0
- Legal fees
- $3,413
- Accounting fees
- $31,837
- Travel
- $24,235
- Program services (functional)
- $1,555,871
- Management and general (functional)
- $332,774
- Fundraising (functional)
- $172,914
Balance sheet and other
- Total assets, start of year
- $1,047,365
- Total assets, end of year
- $434,902
- Total liabilities, end of year
- $416,133
- Net assets, end of year
- $18,769
- Net assets without donor restrictions
- -$169,521
- Net assets with donor restrictions
- $188,290
- Gross receipts
- $1,353,403
- Employees
- 8
- Volunteers
- 4
- Year formed
- 2021
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sadiqa Reynolds | Executive Director Officer | 40 | $320,000 | $26,267 |
| Sarah Graves | Chief Development Officer Key employee | 40 | $150,000 | $42,642 |
| Afua Addo | Chief Program Officer Key employee | 40 | $170,833 | $12,395 |
| Rachel Perry | Chief Administrative Officer Key employee | 40 | $150,000 | $13,836 |
| Rachel Godsil | Secretary Trustee or director, Officer | 0.75 | $120,000 | $0 |
| Michelle DePass | Treasurer Trustee or director, Officer | 0.75 | $1,900 | $0 |
| John Powell | Board Chair Trustee or director, Officer | 0.75 | $0 | $0 |
| Dushaw Hockett | Board Member Trustee or director | 0.75 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sadiqa Reynolds | Executive Director Officer | 40 | $320,000 | $24,563 |
| Afue Valerie Addo | Chief Program Officer Highest-paid employee | 40 | $155,000 | $11,592 |
| Rachel D Godsil | Secretary Trustee or director, Officer | 1 | $125,000 | $0 |
| Michelle DePass | Treasurer Trustee or director, Officer | 1 | $7,950 | $0 |
| John Powell | Board Chair Trustee or director, Officer | 1 | $0 | $0 |
| Dushaw Hockett | Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 165 COURT STREET STE 199, BROOKLYN, NY 11201-4345
- Principal officer (990 for 2024)
- Dushaw Hockett, 165 Court Street STE 199, Brooklyn, NY 11201
- Signed the 990
- Dushaw Hockett, Board Chair
- Phone
- (919) 382-1021
- Website
- www.perception.org
- Return prepared by
- Outfitters4 Inc
Mission
Perception Institute creates real-world solutions from cutting-edge mind science research to reduce discrimination and other harms linked to race, gender, and other identity differences.
Program accomplishments
- Perception Institute operates as a consortium of researchers and practitioners who seek to identify effective interventions to address ways in which social identity differences result inequity. We rely heavily on social science, social psychology to understand the mechanisms underlying inequity resulting from human behavior and institutional outcomes. We assess how interventions from a wide array of contexts - indigenous practices, mediation, restorative justice frameworks, cognitive psychology can be employed to change instituational dynamics. We also engage in original research to understand how societal narratives about race, gender, ethnicity, religion, and other social identities can affect how these social identities are constructed.Expenses $1,555,871 · revenue $638,803
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-0557075
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R05)
- Assets (IRS master file)
- $434,902
- Income (IRS master file)
- $1,353,403
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,353,403 | $2,061,559 | $434,902 | XML |
| 990 | December 2023 | $2,291,476 | $2,292,764 | $1,047,365 | XML |
| 990 | December 2022 | $1,477,890 | $749,677 | $963,601 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-0557075).
Questions about PERCEPTION INSTITUTE INC
- What is the EIN of PERCEPTION INSTITUTE INC?
- The employer identification number (EIN) of PERCEPTION INSTITUTE INC is 88-0557075.
- Is PERCEPTION INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PERCEPTION INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PERCEPTION INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PERCEPTION INSTITUTE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PERCEPTION INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PERCEPTION INSTITUTE INC?
- The 990 for the year ended December 31, 2024 names Dushaw Hockett.
- Who are the officers and directors of PERCEPTION INSTITUTE INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 6 received compensation from the organization, the highest $320,000 (Sadiqa Reynolds, Executive Director).
- How much revenue does PERCEPTION INSTITUTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,353,403, expenses of $2,061,559 and total assets of $434,902 at year end.
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All nonprofits in BROOKLYN · New York · Civil rights, social action and advocacy