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Illinois · Nonprofit

INSTITUTE FOR POLITICAL INNOVATION INC

INSTITUTE FOR POLITICAL INNOVATION INC (Illinois) receives grants from 14 organizations whose IRS filings report $5,728,180 to it, the largest being THE BESSEMER GIVING FUND ($2,000,000). 4 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.9M
Funders on record
14
Grants received
$5.7M
Net assets
$1.2M
4/14 repeat funderspeak grant-dependency 95%
01What it does

What Institute for Political Innovation Inc does

Mission

Advance and improve the representativeness of democracy for all constituencies across the united states.

As stated on its FY2024 Form 990.

Program

  1. Institute for Political Innovation, Inc. partners with nonprofit organizations and academic institutions to conduct rigorous research and policy analysis on nonpartisan election reform, writing and commissioning projects and reports studying the benefits and outcomes of electoral reform. Through meetings, publications, media outreach, and public speaking engagements, IPI leads educational outreach efforts across the country to raise awareness of nonpartisan political reforms and of the election reform Final Five Voting with stakeholders across industries, sectors, and political affiliations.

    $3,305,535 spentof which $308,565 as grants$4,208,073 earned by the program
    100% of program spending

The program described on its FY2021 Form 990. Program spending in total: $3,305,535.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($4.2M) Expenses 100 ($3.8M) Net assets 100 ($406k)2022 Revenue 75 ($3.2M) Expenses 60 ($2.3M) Net assets 320 ($1.3M)2023 Revenue 48 ($2.0M) Expenses 61 ($2.3M) Net assets 237 ($963k)2024 Revenue 46 ($1.9M) Expenses 47 ($1.8M) Net assets 284 ($1.2M)
2021202220232024
Revenue (46)Expenses (47)Net assets (284)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 2021 to 2022, from $418k to $1.7M (+296%).

$418k
$1.7M
$1.3M
$1.2M
2021202220232024
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.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of INSTITUTE FOR POLITICAL INNOVATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 184 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$406k
’21
$884k
’22
−$333k
’23
$117k
’24
7.6
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.

2021202220232024
Listed8643
Joined·+0+0+0
No longer listed·221
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $1k → $1.9M.

9 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $243k from one payer (the payer shares this organization's board, largest Ipi Action Fund Inc). These are real filings, and they are not money INSTITUTE FOR POLITICAL INNOVATION INC raised.

From the IRS filings of INSTITUTE FOR POLITICAL INNOVATION 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

INSTITUTE FOR POLITICAL INNOVATION INC leans on a few funders — its largest provides 35% of grant income and the top three 78%; half comes from just 2 funders.

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

93% 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 POLITICAL INNOVATION INC.

35%
largest funder
78%
top three
~4
effective funders

Largest funder’s share by year: 2021 100% · 2022 52% · 2023 52% — 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

93% of INSTITUTE FOR POLITICAL INNOVATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $426k that is directly attributable, 100% of it comes from funders outside Illinois, across 5 states.

IL
CA
CO
DE
FL

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

’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $5.3M 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

INSTITUTE FOR POLITICAL INNOVATION INC is better cushioned than half of the 174 social science nonprofits its size.

Operating margin6% · below the median
Months of reserve7.6mo · above the median
Revenue growth (annualized)−23% · bottom quartile

this organization peer median middle 50% of peers· 174 social science nonprofits $1M–$10M, FY2024

Organizations like INSTITUTE FOR POLITICAL INNOVATION 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 Illinois

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 38 states

AK
ME
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
NC
SC
DC
HI
OK
MS
AL
GA
FL

Part of a family of 1 related entity

  • Ipi Action Fund Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for INSTITUTE FOR POLITICAL INNOVATION 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 INSTITUTE FOR POLITICAL INNOVATION INC?
INSTITUTE FOR POLITICAL INNOVATION INC (Illinois) receives grants from 14 organizations whose IRS filings report $5,728,180 to it, the largest being THE BESSEMER GIVING FUND ($2,000,000). 4 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does INSTITUTE FOR POLITICAL INNOVATION INC have?
IRS filings report 14 organizations giving $5,728,180 in grants to INSTITUTE FOR POLITICAL INNOVATION INC, 4 of which have funded it in more than one year.
Who is the largest funder of INSTITUTE FOR POLITICAL INNOVATION INC?
THE BESSEMER GIVING FUND is the largest funder on record, with $2,000,000 in grants. The full list of funders is on this page.
How can an organization like INSTITUTE FOR POLITICAL INNOVATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 2021–2024), and the filings of 14 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