New York · Nonprofit
THE INSTITUTE FOR NEW ECONOMIC THINKING INC
THE INSTITUTE FOR NEW ECONOMIC THINKING INC (New York) receives grants from 12 organizations whose IRS filings report $66,801,846 to it, the largest being OPEN SOCIETY INSTITUTE ($65,631,346). 6 of them have funded it in more than one year.
- Revenue FY2024
- $430k
- Funders on record
- 12
- Grants received
- $67M
- Net assets
- $8.9M
What The Institute for New Economic Thinking Inc does
Mission
The institute for new economic thinking, inc. ("inet") provides fresh insight and thinking to promote changes in economic theory and practice through conferences, grants, and education initiatives.
As stated on its FY2024 Form 990.
Programs
Young scholars initiative2024 marked significant growth and maturation. Members organized 196 projects --170 in-person workshops, 11 webinar series, and 15 one-time webinars. Ysi supported more than 20 external events through its event grants program, and the network of ysi hubs provided ongoing opportunities for local collaboration and community building.membership rose 21% --nearly 4,000 new members --to just under 24,000. The number of active organizers reached 581, and core leadership grew to 644.
$1,528,039 spentof which $105,982 as grants35% of program spendingResearchiin 2024, inet supported approximately 50 research grants and launched 9 new initiatives. The working paper series added 17 papers, bringing the total to 231. Working papers examined the consumer welfare model in antitrust, ai and market structure, pharmaceutical pricing, the transition to electric vehicles, u.s. Household indebtedness, and additional drivers of economic imbalances.
$868,146 spentof which $367,998 as grants20% of program spendingContentfounded in 2009 after the financial crisis, the institute for new economic thinking (inet) is a nonpartisan, nonprofit organization that develops and shares research-based ideas to strengthen economic performance and broaden opportunity. To meet current and future challenges, inet conducts and commissions research, convenes forums for the exchange of ideas, and nurtures a community of young scholars. We incubate new economic approaches within academia and beyond, then amplify this work through publications, multimedia, and the young scholars initiative (ysi).
$834,179 spentof which $391 as grants19% of program spendingMultimedia productionin the filed of video and multimedia, inet released 50 new productions in 2024 across a wide range of formats, including in-depth educational series, animated explainers, videocasts, and interviews.other major programsinet convened and participated in events with leading economists and stakeholders on topics such as innovation and capabilities, patent law, ecological change, technology and privacy, emerging markets, and labor market dynamics.
$1,173,100 spent27% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,403,464.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 2020 to 2021, from $10M to $27M (+159%).
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: 2021 4%. Grants only. Government contracts and fees sit inside program revenue.
10% of THE INSTITUTE FOR NEW ECONOMIC THINKING INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (76% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 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.
Who funds it, year by year
2017 → 2023: the base narrowed from 5 funders to 1 funder, grant income fell $13M → $25k.
3 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 THE INSTITUTE FOR NEW ECONOMIC THINKING 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
THE INSTITUTE FOR NEW ECONOMIC THINKING INC leans on a few funders — its largest provides 98% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 98% · 2018 99% · 2019 98% · 2020 93% · 2021 100% · 2022 51% · 2023 100% — broadly stable.
“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
36% of THE INSTITUTE FOR NEW ECONOMIC THINKING INC's funders are still giving 3 years after their first grant; 50% 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
99% of THE INSTITUTE FOR NEW ECONOMIC THINKING INC's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $235k arriving through sponsors registered in 3 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
THE INSTITUTE FOR NEW ECONOMIC THINKING INC is better cushioned than half of the 297 social science nonprofits its size.
this organization peer median middle 50% of peers· 297 social science nonprofits $100k–$1M, FY2024
Organizations like THE INSTITUTE FOR NEW ECONOMIC THINKING 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
53%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE INSTITUTE FOR NEW ECONOMIC THINKING 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.
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 THE INSTITUTE FOR NEW ECONOMIC THINKING INC?
- THE INSTITUTE FOR NEW ECONOMIC THINKING INC (New York) receives grants from 12 organizations whose IRS filings report $66,801,846 to it, the largest being OPEN SOCIETY INSTITUTE ($65,631,346). 6 of them have funded it in more than one year.
- How many funders does THE INSTITUTE FOR NEW ECONOMIC THINKING INC have?
- IRS filings report 12 organizations giving $66,801,846 in grants to THE INSTITUTE FOR NEW ECONOMIC THINKING INC, 6 of which have funded it in more than one year.
- Who is the largest funder of THE INSTITUTE FOR NEW ECONOMIC THINKING INC?
- OPEN SOCIETY INSTITUTE is the largest funder on record, with $65,631,346 in grants. The full list of funders is on this page.
- How can an organization like THE INSTITUTE FOR NEW ECONOMIC THINKING 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 12 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