Washington, D.C. · Nonprofit
INSTITUTE FOR MARKET TRANSFORMATION
INSTITUTE FOR MARKET TRANSFORMATION (Washington, D.C.) receives grants from 33 organizations whose IRS filings report $23,299,684 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($3,986,950). 12 of them have funded it in more than one year.
- Revenue FY2024
- $6.5M
- Funders on record
- 33
- Grants received
- $23M
- Net assets
- $4.5M
What Institute for Market Transformation does
Mission
Imt believes better buildings improve lives. Imt's mission is to catalyze demand for high-performing buildings.
As stated on its FY2024 Form 990.
Programs
Policy: imt works to activate government at the federal, state, and local levels to use the regulatory levers available to address building performance. For more than 25 years, imt has worked with policymakers and stakeholders to co-design and implement building codes and policies at every level to drive demand for healthy, resilient, low-pollution buildings. Imt currently leads the national bps coalition, which aims to catalyze $132 billion in investment in high performance buildings that lower energy costs for residents and businesses.
$2,911,295 spent$162,953 earned by the program42% of program spendingCommunity engagement: imt believes communities which experience the greatest challenges should drive their own solutions. Imt faciliitates conversation, provides connections, and offers technical expertise to support community-driven policy responses that benefit all residents, and create economic opportunities for frontline communities. Imt works with more than 100 partners across all of our projects to ensure policies support affordability and community priorities.
$2,025,180 spentof which $1,233,750 as grants$94,034 earned by the program29% of program spendingBusiness engagement: imt helps the private sector meet their current and future building energy needs, while pushing the market toward high-performing buildings as a new normal. Imt provides green leasing certification that reduces energy costs; awardees currently own or manage 8.1 billion sq ft of space. Imt also provides key policy data and insights through its corporate engagement opportunities program. Additionally, imt helps the real estate sector meet shifting market demands through its building performance partnership and its building innovation hub in washington, dc.
$1,832,771 spentof which $60,000 as grants$1,118,445 earned by the program26% of program spendingBuilding codes
$223,427 spent3% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,992,673.
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.
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 $4.5M to $6.6M (+46%).
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.
Government-grant reliance: 2017 26% · 2019 6% · 2020 12% · 2021 11% · 2022 4% · 2023 2% · 2024 23%. Grants only. Government contracts and fees sit inside program revenue.
77% of INSTITUTE FOR MARKET TRANSFORMATION’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.
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
Alex Dews
CEO
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 15 funders, grant income rose $2.2M → $5.7M.
11 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% 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 INSTITUTE FOR MARKET TRANSFORMATION’s funders (the co-funder graph). Top 30 of 33 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
INSTITUTE FOR MARKET TRANSFORMATION has a broad base — no single funder exceeds 17% 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
61% 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 INSTITUTE FOR MARKET TRANSFORMATION.
Largest funder’s share by year: 2017 53% · 2018 48% · 2019 46% · 2020 44% · 2021 60% · 2022 42% · 2023 35% — 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
27% of INSTITUTE FOR MARKET TRANSFORMATION's funders are still giving 3 years after their first grant; 36% give in more than one year at all.
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
INSTITUTE FOR MARKET TRANSFORMATION draws 98% of its grant income from funders outside Washington, D.C., across 12 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8.5M 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.
Against its field
INSTITUTE FOR MARKET TRANSFORMATION is better cushioned than half of the 2,186 environment nonprofits its size.
this organization peer median middle 50% of peers· 2,186 environment nonprofits $1M–$10M, FY2024
Government funding INSTITUTE FOR MARKET TRANSFORMATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11.6M on record.
- Department of Energy$11.3M
- Department of Defense$239k
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 INSTITUTE FOR MARKET TRANSFORMATION
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
70%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Screen this organization
A dated, signed PDF of the compliance screen for INSTITUTE FOR MARKET TRANSFORMATION: 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.
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 INSTITUTE FOR MARKET TRANSFORMATION?
- INSTITUTE FOR MARKET TRANSFORMATION (Washington, D.C.) receives grants from 33 organizations whose IRS filings report $23,299,684 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($3,986,950). 12 of them have funded it in more than one year.
- How many funders does INSTITUTE FOR MARKET TRANSFORMATION have?
- IRS filings report 33 organizations giving $23,299,684 in grants to INSTITUTE FOR MARKET TRANSFORMATION, 12 of which have funded it in more than one year.
- Who is the largest funder of INSTITUTE FOR MARKET TRANSFORMATION?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $3,986,950 in grants. The full list of funders is on this page.
- How can an organization like INSTITUTE FOR MARKET TRANSFORMATION 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 2017–2024), and the filings of 33 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