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Wisconsin · Nonprofit

FILENE RESEARCH INSTITUTE INC

FILENE RESEARCH INSTITUTE INC (Wisconsin) receives grants from 26 organizations whose IRS filings report $2,379,160 to it, the largest being TARGET FOUNDATION ($380,000). 10 of them have funded it in more than one year.

$11M
Revenue FY2025
26
Funders on record
$2.4M
Grants received
$14M
Net assets
10/26 repeat funderspeak grant-dependency 7%

Against its field

FILENE RESEARCH INSTITUTE INC is better cushioned than half of the 108 public benefit nonprofits its size.

Operating margin7% · below the median
Months of reserve6.7mo · above the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 108 public benefit nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($7.9M) Expenses 100 ($6.1M) Net assets 100 ($9.4M)2018 Revenue 91 ($7.2M) Expenses 125 ($7.6M) Net assets 95 ($8.9M)2019 Revenue 116 ($9.1M) Expenses 125 ($7.6M) Net assets 111 ($10M)2020 Revenue 128 ($10M) Expenses 138 ($8.4M) Net assets 129 ($12M)2021 Revenue 101 ($8.0M) Expenses 121 ($7.4M) Net assets 134 ($13M)2022 Revenue 104 ($8.2M) Expenses 125 ($7.6M) Net assets 139 ($13M)2023 Revenue 104 ($8.2M) Expenses 138 ($8.4M) Net assets 138 ($13M)2024 Revenue 115 ($9.1M) Expenses 150 ($9.2M) Net assets 141 ($13M)2025 Revenue 138 ($11M) Expenses 167 ($10M) Net assets 152 ($14M)
'17'18'19'20'21'22'23'24'25
Revenue (138)Expenses (167)Net assets (152)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 7% · 2022 6%. Grants only. Government contracts and fees sit inside program revenue.

88% of FILENE RESEARCH INSTITUTE INC’s revenue is contributions — more donation-reliant than the typical peer (19% for the typical peer).

This organization
Typical peer · 284 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$1.8M
17
$465k
18
$1.5M
19
$1.7M
20
$542k
21
$538k
22
$272k
23
$64k
24
$728k
25
6.7
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 7 funders, grant income rose $298k → $525k.

2 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF)1% 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 FILENE RESEARCH INSTITUTE INC’s funders (the co-funder graph). 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

FILENE RESEARCH INSTITUTE INC has a broad base — no single funder exceeds 16% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

42% 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 FILENE RESEARCH INSTITUTE INC.

16%
largest funder
44%
top three
~10
effective funders

Largest funder’s share by year: 2017 82% · 2018 75% · 2019 87% · 2020 73% · 2021 22% · 2022 50% · 2023 48%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.

How long its funders stay

25% of FILENE RESEARCH INSTITUTE INC's funders are still giving 3 years after their first grant; 38% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FILENE RESEARCH INSTITUTE INC draws 75% of its grant income from funders outside Wisconsin, across 17 states in all.

NH
WA
MN
WI
NY
MA
OR
OH
CA
CO
MO
VA
MD
AZ
NM
DC
TX

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

17
18
19
20
21
22
23
Wisconsin out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 2 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 26 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like FILENE RESEARCH INSTITUTE INC

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

In Wisconsin

Nationally

04Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 10%Fundraising 14%

Governance

9
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 34 states

AK
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
NV
OH
PA
NJ
CT
RI
CA
UT
CO
KY
WV
VA
MD
NM
KS
AR
TN
SC
HI
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for FILENE RESEARCH INSTITUTE INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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

Questions and answers

Who funds FILENE RESEARCH INSTITUTE INC?
FILENE RESEARCH INSTITUTE INC (Wisconsin) receives grants from 26 organizations whose IRS filings report $2,379,160 to it, the largest being TARGET FOUNDATION ($380,000). 10 of them have funded it in more than one year.
How many funders does FILENE RESEARCH INSTITUTE INC have?
IRS filings report 26 organizations giving $2,379,160 in grants to FILENE RESEARCH INSTITUTE INC, 10 of which have funded it in more than one year.
Who is the largest funder of FILENE RESEARCH INSTITUTE INC?
TARGET FOUNDATION is the largest funder on record, with $380,000 in grants. The full list of funders is on this page.
How can an organization like FILENE RESEARCH INSTITUTE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. 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 FY2025 (financials across 2017–2025), and the filings of 26funders 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 August 27, 2026. What this page cannot tell you · view filing