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New York · Nonprofit

IMPACT CAPITAL MANAGERS INSTITUTE INC

IMPACT CAPITAL MANAGERS INSTITUTE INC (New York) receives grants from 10 organizations whose IRS filings report $1,252,000 to it, the largest being NEW VENTURE FUND ($350,000). 4 of them have funded it in more than one year.

Revenue FY2024
$323k
Funders on record
10
Grants received
$1.3M
Net assets
$-125089
4/10 repeat funderspeak grant-dependency 51%
01What it does

What Impact Capital Managers Institute Inc does

Mission

The corporation shall work to foster, facilitate and support the development of private capital impact investing, social entrepreneurship and other innovative financing mechanisms to effect positive social change by, among other activities (a) creating and facilitating educational forums, trainings, workshops and programs; (b) facilitating and providing support for research and studies; (c) creating and disseminating or supporting the creation and dissemination of educational materials, training and impact measurement tools, and other resources; (d) developing and promoting collaborations and relationships designed to build and sustain educated, diverse, and dynamic communities of impact and enable the effective deployment of philanthropic and other resources in a mission-aligned manner; and (e) engaging in any and all other lawful activities incidental to and in pursuit of the foregoing purposes.

As stated on its FY2024 Form 990.

Program

  1. The icm institute advanced talent development, research, and field-building to support the continued growth of impact investing with integrity. In partnership with the icm inc. Association, the institute orchestrated the fifth year of the mosaic fellowship, placing 26 top-performing graduate students at 25 member funds, and delivered a four-part curriculum-including an in-person orientation in new york city-along with networking and mentorship to accelerate their careers. With the icm lp advisory council, the institute launched an inaugural allocator perspectives research study surveying more than 40 leading institutional investors to inform a public field-building report in 2025. The institute also initiated a landmark study capturing insights from over 100 portfolio companies on the business value, methods, and opportunities to improve impact measurement and management. Additionally, the institute represented its perspective on advancing impact investing in private markets at external events and conferences to promote integrity, authenticity, and evidence-based practice across the field.

    $435,848 spentof which $26,183 as grants$3,000 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $435,848.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($250k) Expenses 100 ($105k) Net assets 100 ($145k)2020 Revenue 140 ($351k) Expenses 372 ($391k) Net assets 72 ($105k)2021 Revenue 237 ($593k) Expenses 313 ($329k) Net assets 254 ($368k)2022 Revenue 118 ($295k) Expenses 504 ($530k) Net assets 92 ($133k)2023 Revenue 220 ($551k) Expenses 695 ($730k) Net assets -32 ($-45771)2024 Revenue 129 ($323k) Expenses 588 ($617k) Net assets -86 ($-125089)
201920202021202220232024
Revenue (129)Expenses (588)Net assets (-86)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 2023 to 2024, from $182k to $528k (+190%).

$250k
$335k
$416k
$231k
$182k
$528k
201920202021202220232024
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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of IMPACT CAPITAL MANAGERS INSTITUTE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 6 reported years ran a deficit.

$145k
’19
−$40k
’20
$263k
’21
−$235k
’22
−$179k
’23
−$294k
’24
8.3
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

Marieke Spence

Executive director

Board chair

Brian Trelstad

Chair

As listed on its FY2024 Form 990.

201920202021202220232024
Listed6777711
Joined·+4+0+2+0+4
No longer listed·30200
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $100k → $250k.

4 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% 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 IMPACT CAPITAL MANAGERS 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

IMPACT CAPITAL MANAGERS INSTITUTE INC leans on a few funders — its largest provides 28% of grant income and the top three 70%; half comes from just 2 funders.

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

33% 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 IMPACT CAPITAL MANAGERS INSTITUTE INC.

28%
largest funder
70%
top three
~5
effective funders

Largest funder’s share by year: 2020 50% · 2021 67% · 2022 100% · 2023 40% — 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

IMPACT CAPITAL MANAGERS INSTITUTE INC draws 71% of its grant income from funders outside New York, across 5 states in all.

IL
MI
NY
CT
MD

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

’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $407k arriving through sponsors registered in 4 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

IMPACT CAPITAL MANAGERS INSTITUTE INC is better cushioned than half of the 22,812 education nonprofits its size.

Operating margin−91% · bottom quartile
Months of reserve8.3mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Government funding IMPACT CAPITAL MANAGERS INSTITUTE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $500 on record.

State$500
Top programs
  • CORP. FRANCHISE TAX$500

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like IMPACT CAPITAL MANAGERS INSTITUTE INC

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 New York

Nationally

05Profile & governance

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

Where the money goes

71% of spending goes to programs.

Program 71%Management 26%Fundraising 3%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

36%

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

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 1 related entity

  • Impact Capital Managers Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for IMPACT CAPITAL MANAGERS 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.

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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 IMPACT CAPITAL MANAGERS INSTITUTE INC?
IMPACT CAPITAL MANAGERS INSTITUTE INC (New York) receives grants from 10 organizations whose IRS filings report $1,252,000 to it, the largest being NEW VENTURE FUND ($350,000). 4 of them have funded it in more than one year.
How many funders does IMPACT CAPITAL MANAGERS INSTITUTE INC have?
IRS filings report 10 organizations giving $1,252,000 in grants to IMPACT CAPITAL MANAGERS INSTITUTE INC, 4 of which have funded it in more than one year.
Who is the largest funder of IMPACT CAPITAL MANAGERS INSTITUTE INC?
NEW VENTURE FUND is the largest funder on record, with $350,000 in grants. The full list of funders is on this page.
How can an organization like IMPACT CAPITAL MANAGERS INSTITUTE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Impact Capital Managers Institute →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 10 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 14, 2026. What this page cannot tell you · view filing