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Washington, D.C. · Nonprofit

EQUIS INSTITUTE

EQUIS INSTITUTE (Washington, D.C.) receives grants from 40 organizations whose IRS filings report $45,275,004 to it, the largest being FOUNDATION TO PROMOTE OPEN SOCIETY ($15,108,000). 14 of them have funded it in more than one year.

Revenue FY2024
$12M
Funders on record
40
Grants received
$45M
Net assets
$7.4M
14/40 repeat funderspeak grant-dependency 92%
01What it does

What Equis Institute does

Mission

Equis Institute's mission is to create a better understanding of latinx communities, invest in innovative approaches to reach and engage them, and convene latinx leaders for the growth and long-term sustainability of the sector.

As stated on its FY2024 Form 990.

Programs

  1. Cultural mobilizationthrough the cultural mobilization project, equis partnered with dozens of state, local, and national organizations to organize a larger cultural moment of latino pride around the film, flamin' hot. We filled 29 screenings nationwide, generating 151 million combined tiktok and instagram impressions. The success of the grassroots campaign not only turned the movie into a community-wide cultural event but also led to an oscar nomination, culminating in a historic bilingual performance during the oscars telecast. This effort connected over 100 partners from hollywood, advocacy, and community organizations, turning a shared cultural moment into an organizing win for the latino community.the conexiones program expanded in 2023 to foster deeper connections among latino leaders with their mexican heritage. The 2023 delegation to mexico city, united prominent figures from entertainment, business, and philanthropy and inspired new creative projects and deepened u.s.-mexico ties. 100% of participants reported a better understanding of the u.s.-mexico relationship.

    $6,782,625 spentof which $50,000 as grants
    66% of program spending
  2. Youtube moonshotthe youtube initiative leads the charge in culturally-relevant, engaging content creation, that helps latinos make sense of the world, politics, and current events to inoculate latino voters against harmful narratives and mis/disinformation and build confidence and trust in our democratic institutions. The youtube initiative launched two channels in 2022. En serio developed 63 videos that have been published and have 5 million total views. Lunario informa has published 32 videos, half in spanish and half in english.

    $2,541,745 spent
    25% of program spending
  3. Researchprovide latino-serving groups with actionable research to help strengthen their programs and outreach efforts. Our research this year continued to tackle some of the bigger issues and questions our partners face every day, from how to better understand the real threat of disinformation and misinformation, to how to deal with the issue of language in our community. We collected 14,850 digital latino survey responses and conducted 11 focus groups and 18 polls.

    $917,708 spent
    9% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $10,242,078.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($11M) Expenses 100 ($11M) Net assets 100 ($8.0M)2023 Revenue 142 ($15M) Expenses 113 ($13M) Net assets 130 ($10M)2024 Revenue 117 ($12M) Expenses 145 ($16M) Net assets 93 ($7.4M)
202220232024
Revenue (117)Expenses (145)Net assets (93)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $8.0M to $12M (+50%).

$8.0M
$12M
$8.6M
202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of EQUIS INSTITUTE’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

−$503k
’22
$2.4M
’23
−$3.8M
’24
4.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stephanie Valencia

Executive director (see sch. O)

Board chair

Dan Restrepo

Chairperson (see sch. O)

As listed on its FY2024 Form 990.

202220232024
Listed887
Joined·+0+0
No longer listed·01
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 14 funders, grant income rose $8.8M → $14M.

12 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 41% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of EQUIS INSTITUTE’s funders (the co-funder graph). Top 30 of 40 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

EQUIS INSTITUTE leans on a few funders — its largest provides 33% of grant income and the top three 65%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

46% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund EQUIS INSTITUTE.

33%
largest funder
65%
top three
~6
effective funders

Largest funder’s share by year: 2021 100% · 2022 53% · 2023 73% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

EQUIS INSTITUTE draws 97% of its grant income from funders outside Washington, D.C., across 10 states in all.

WA
MI
NY
MA
CA
CO
NE
MD
DE
DC

In-state vs out-of-state, by year

’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $19M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

EQUIS INSTITUTE is better cushioned than half of the 772 arts & culture nonprofits its size.

Operating margin−31% · bottom quartile
Months of reserve4.8mo · above the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 772 arts & culture nonprofits $10M–$100M, FY2024

Organizations like EQUIS INSTITUTE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 19%Fundraising 2%

Governance

6
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for EQUIS INSTITUTE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EQUIS INSTITUTE?
EQUIS INSTITUTE (Washington, D.C.) receives grants from 40 organizations whose IRS filings report $45,275,004 to it, the largest being FOUNDATION TO PROMOTE OPEN SOCIETY ($15,108,000). 14 of them have funded it in more than one year.
How many funders does EQUIS INSTITUTE have?
IRS filings report 40 organizations giving $45,275,004 in grants to EQUIS INSTITUTE, 14 of which have funded it in more than one year.
Who is the largest funder of EQUIS INSTITUTE?
FOUNDATION TO PROMOTE OPEN SOCIETY is the largest funder on record, with $15,108,000 in grants. The full list of funders is on this page.
How can an organization like EQUIS INSTITUTE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 40 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing