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Oregon · Nonprofit

NEW BUILDINGS INSTITUTE

NEW BUILDINGS INSTITUTE (Oregon) receives grants from 22 organizations whose IRS filings report $7,235,693 to it, the largest being Sea Change Foundation ($1,175,000). 12 of them have funded it in more than one year.

Revenue FY2025
$10M
Funders on record
22
Grants received
$7.2M
Net assets
$3.7M
12/22 repeat funderspeak grant-dependency 33%
01What it does

What New Buildings Institute does

Mission

We advance best practices, codes, and policies through market leadership, research, guidance, and technical advocacy toward a built environment that equitably delivers community benefits and climate solutions.

As stated on its FY2025 Form 990.

Programs

  1. Codes and policies: energy codes continue to be a crucial lever in transforming markets for high performance buildings. Nbi's work in this program area included strengthening model building energy codes and increasing their use and usefulness. We also worked on developing the necessary thought leadership to overcome critical issues that are hindering code advancement and create the technical basis for progressive code and policy approaches such as decarbonized and stretch codes, as well as building performance standards. Nbi worked directly with leading local jurisdictions to implement these advanced code and policy strategies as well as to develop code and policy roadmaps.continued on schedule onbi also worked to support the expansion of codes and policy development to take a more holistic view of climate, focusing increasingly on carbon neutrality, health, and resilience. Several jurisdictions are developing zero energy and zero carbon roadmaps that set objectives for each code cycle, moving stringency along a path to ultimately reach these performance levels. Nbi worked successfully at the national level on model codes and standards and in several states and cities, including…

    $3,013,639 spent$3,066,405 earned by the program
    42% of program spending
  2. Leadership and market development:nbi's research, convenings, education, and thought leadership on "getting to zero" focuses on driving scale in building decarbonization including energy efficiency improvements. During the 2023-2024 fiscal year, nbi broadened its market development and ongoing engagement with critical market audiences through collaboration and partnership with professionals in the building industry. Nbi's research offers proof and provides examples to show that net zero energy performance goals are achievable. Successes and lessons learned are shared with designers and owners through energy efficiency affordability and reliability programs.continued on schedule oa specification that nbi developed is being used by a pace financing firm as a pathway for developers to use in their projects. Nbi hosted several public-facing awareness buildings events including webinars that touched thousands of people and social media campaigns that garnered over a million impressions on social media. These efforts will help build industry capability to deliver on the upcoming policies calling for affordability, reliability, and security in buildings.

    $1,441,623 spent$780,987 earned by the program
    20% of program spending
  3. Building innovation:nbi's building innovation program focuses on technical research and analysis to advance emerging technology and best practices for accelerating building energy performance, affordability, and reliability. This work advances programs and practices seeking to enhance energy efficiency, affordability, and reliability outcomes in the built environment and develops tools and guidance to provide critical support for building owners, practitioners, utilities, governments, and others. Examples of activities include building science research, emerging technology demonstration and validation, best practices guidance, technical tools, and thought leadership. Continued on schedule okey initiatives under this program area include the advanced water heating initiative, focused on heat pump water heater market transformation, and the gridoptimal buildings initiative, focused on building-grid integration. In the 2024-2025 fiscal year, nbi collaborated with hundreds of companies and organizations to support these initiatives.

    $2,637,378 spent$3,188,113 earned by the program
    37% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,092,640.

02The 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 ($3.2M) Expenses 100 ($2.7M) Net assets 100 ($1.7M)2018 Revenue 91 ($2.9M) Expenses 127 ($3.5M) Net assets 68 ($1.1M)2019 Revenue 161 ($5.2M) Expenses 174 ($4.7M) Net assets 99 ($1.6M)2020 Revenue 159 ($5.2M) Expenses 172 ($4.7M) Net assets 129 ($2.1M)2021 Revenue 141 ($4.6M) Expenses 154 ($4.2M) Net assets 152 ($2.5M)2022 Revenue 190 ($6.2M) Expenses 202 ($5.5M) Net assets 192 ($3.2M)2023 Revenue 184 ($6.0M) Expenses 235 ($6.4M) Net assets 165 ($2.7M)2024 Revenue 198 ($6.4M) Expenses 276 ($7.5M) Net assets 99 ($1.6M)2025 Revenue 318 ($10M) Expenses 305 ($8.3M) Net assets 221 ($3.7M)
'17'18'19'20'21'22'23'24'25
Revenue (318)Expenses (305)Net assets (221)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 2024 to 2025, from $3.0M to $5.2M (+71%).

$2.2M
$2.1M
$2.9M
$3.5M
$3.8M
$4.0M
$3.7M
$3.0M
$5.2M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 9% · 2022 4%. Grants only. Government contracts and fees sit inside program revenue.

32% of NEW BUILDINGS INSTITUTE’s revenue is contributions — more earned-revenue than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 360 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.

$523k
’17
−$524k
’18
$500k
’19
$502k
’20
$381k
’21
$663k
’22
−$441k
’23
−$1.1M
’24
$2.0M
’25
3.0
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

Susan Stratton

Interim CEO from 9/2024 to 2/2025

Board chair

Patrick O'Shei

Governance chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed172319212221191921
Joined·+7+0+3+6+2+8+3+6
No longer listed·141531034
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 7 funders, grant income rose $785k → $1.0M.

6 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% 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 NEW BUILDINGS INSTITUTE’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

NEW BUILDINGS INSTITUTE 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

66% 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 NEW BUILDINGS INSTITUTE.

16%
largest funder
43%
top three
~10
effective funders

Largest funder’s share by year: 2017 73% · 2018 100% · 2019 50% · 2020 96% · 2021 40% · 2022 28% · 2023 59% — 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

38% of NEW BUILDINGS INSTITUTE's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

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

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

NEW BUILDINGS INSTITUTE draws 100% of its grant income from funders outside Oregon, across 9 states in all.

WA
MN
IL
NY
MA
CA
UT
CO
DC

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

’17
’18
’19
’20
’21
’22
’23
Oregon out of state home

Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 5 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

NEW BUILDINGS INSTITUTE runs a healthier operating margin than half of the 195 environment nonprofits its size.

Operating margin20% · above the median
Months of reserve3.0mo · below the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 195 environment nonprofits $10M–$100M, FY2025

Government funding NEW BUILDINGS INSTITUTE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $15.7M on record — $15.6M federal, $31k state.

Federal$15.6M
grants $15.6Mcontracts $0
21
23
24
Top agencies
  • Department of Energy$15.6M
State$31k
21
22
25
By state
  • OR$25k
  • VT$6k

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 NEW BUILDINGS 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 Oregon

Nationally

05Profile & governance

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

Where the money goes

85% of spending goes to programs.

Program 85%Management 12%Fundraising 2%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

68%

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

Footprint & structure

Files a return copy in 4 states

MA
OR
CT
CA

Screen this organization

A dated, signed PDF of the compliance screen for NEW BUILDINGS 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 NEW BUILDINGS INSTITUTE?
NEW BUILDINGS INSTITUTE (Oregon) receives grants from 22 organizations whose IRS filings report $7,235,693 to it, the largest being Sea Change Foundation ($1,175,000). 12 of them have funded it in more than one year.
How many funders does NEW BUILDINGS INSTITUTE have?
IRS filings report 22 organizations giving $7,235,693 in grants to NEW BUILDINGS INSTITUTE, 12 of which have funded it in more than one year.
Who is the largest funder of NEW BUILDINGS INSTITUTE?
Sea Change Foundation is the largest funder on record, with $1,175,000 in grants. The full list of funders is on this page.
How can an organization like NEW BUILDINGS INSTITUTE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Oregon. 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 New Buildings Institute →

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 22 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