Nonprofit screen
Screen a listThe Independent Institute
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$6.5Mrevenue
FY2025 · +20% in 3 yrs33staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Where the money goes FY2025 · $6.6M spent
Programs$5.1M78%Management and general$675k10%Fundraising$810k12%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$965k in FY2023 and −$88k in FY2025. Cash covers 5.4 months.
990 Part I and balance sheetIn its favor2
Strong governance
7 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
52 of the 84 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists157funders
$3.5Ma year, last 3 years
26%from its largest funder
Funder’17’18’19’20’21’22’23David J & Mary L G Theroux FoundationOn and off$296k$329k$300k$296k$300k$800kThe Draper FoundationOn and off$58k$250k$750k$100k$750kBeth and Ravenel Curry FoundationOn and off$100k$200k$100k$100kThe Lowndes Foundation IncSince FY2020$150k$125k$75k$75kSarah Scaife Foundation IncorporatedStopped after FY2022$150k$150k–The Charles D & Frances K Field FundSince FY2020$100k$100k$50k$50kDonor-advised giftsDonors not disclosed$86k$111k$761k$878k$1.3M$1.6M$1.4M118 other fundersUp to $250k a year each$170k$246k$416k$423k$682k$903k$1.0M
FundedThrough a donor-advised fundStopped