Non-profit

Bank Information Center

Website:

bankinformationcenter.org/

Location:

WASHINGTON, DC

Tax ID:

52-1682441

Tax-Exempt Status:

501(c)(3)

Budget (2016):

Revenue: $1,399,150
Expenses: $2,411,103
Assets: $1,570,121

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Bank Information Center is an advocacy group pressuring multilateral development banks (like the World Bank) to adopt left-progressive environmentalist and ethnic-interest considerations in their development financing.

Opposition to Nuclear Energy

The Bank Information Center was a cosigner on an April 2021 letter to President Joe Biden asking the administration to promote weather dependent wind and solar power systems and “end the fossil fuel era.” The letter also advised the president to “Phase out nuclear energy as an inherently dirty, dangerous and costly energy source.” 1

Nuclear power plants produce no carbon dioxide or other greenhouse gas emissions, and from 1990 until 2021 accounted for 20 percent of American electricity production—the largest source of zero carbon electricity in the United States. 2 An October 2018 proposal from The Nature Conservancy noted that zero-carbon nuclear plants produced 7.8 percent of total world energy output and recommended reducing carbon emissions by increasing nuclear capacity to 33 percent of total world energy output. 3 A 2020 analysis from Our World in Data reported that nuclear energy “results in 99.9% fewer deaths than brown coal; 99.8% fewer than coal; 99.7% fewer than oil; and 97.6% fewer than gas,” making it “just as safe” as wind and solar power production. 4 The U.S. Department of Energy has concluded that “nuclear energy produces more electricity on less land than any other clean-air source” and that it would require “more than 3 million solar panels to produce the same amount of power as a typical commercial reactor or more than 430 wind turbines.” 5

References

  1. Center for Biological Diversity, et. al. Letter to “The Honorable President Joseph R. Biden.” RE: NOW IS THE MOMENT TO ACCELERATE THE JUST, RENEWABLE ENERGY FUTURE AND END THE FOSSIL FUEL ERA. April 27, 2021. Accessed July 23, 2024. https://www.biologicaldiversity.org/programs/energy-justice/pdfs/2022-4-27_Letter-to-Pres-Biden-re-End-Fossil-Fuel-Era-Accelerate-Transtion-to-Renewable-Energy.pdf
  2. “Nuclear explained.” U.S. Energy Information Administration. Accessed July 19, 2024. https://www.eia.gov/energyexplained/nuclear/us-nuclear-industry.php
  3. “The Science of Sustainability.” The Nature Conservancy. October 13, 2018. Accessed July 19, 2024. https://www.nature.org/en-us/what-we-do/our-insights/perspectives/the-science-of-sustainability/
  4. Ritchie, Hannah. “What are the safest and cleanest sources of energy?” Our World in Data. February 10, 2020. Accessed July 19, 2024. https://ourworldindata.org/safest-sources-of-energy  
  5. “3 Reasons Why Nuclear is Clean and Sustainable.” U.S. Department of Energy. March 31, 2021. Accessed July 19, 2024. https://www.energy.gov/ne/articles/3-reasons-why-nuclear-clean-and-sustainable
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: August 1, 1990

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2016 Dec Form 990 $1,399,150 $2,411,103 $1,570,121 $215,158 N $1,392,551 $0 $3,368 $389,897
    2015 Dec Form 990 $2,224,208 $2,636,726 $2,509,235 $145,847 N $2,187,537 $0 $4,350 $340,664 PDF
    2014 Dec Form 990 $3,645,272 $2,733,681 $2,879,812 $71,277 N $3,618,379 $0 $5,099 $222,229 PDF
    2013 Dec Form 990 $2,353,292 $2,925,076 $1,967,463 $77,761 N $2,296,572 $0 $4,775 $226,373 PDF
    2012 Dec Form 990 $3,283,022 $2,343,929 $2,540,690 $92,160 N $3,216,821 $22,202 $3,995 $217,668 PDF
    2011 Dec Form 990 $2,168,200 $2,418,780 $1,585,495 $81,045 N $2,070,583 $19,867 $5,695 $302,970 PDF

    Additional Filings (PDFs)

    Bank Information Center

    1023 15TH ST NW 10TH FL
    WASHINGTON, DC 20005-2602