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The think tank was seen as a sign of Gingrich’s clout in Washington. It is part of the vast empire of lucrative projects that he abandoned when he became a presidential candidate.
In its bankruptcy filing, obtained by the Atlanta Business Chronicle, the group says it has $50,001 to $100,000 in assets and $1 million to $10 million in liabilities.
Among the creditors listed are Gallup, Gingrich Productions and Moby Dick Airways, a private jet company that is a Gingrich favorite. Newt 2012 Gingrich’s presidential campaign, owed Moby Dick more than $75,000 as of the end of February.