Nonprofit screen
Screen a listThe Institute for New Economic Thinking Inc
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 listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$430krevenue
FY2024 · −98% in 3 yrs12staff
5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−1250.8%
Months of reserve5.6mo
Revenue growth (annualized)−34.6%
Middle half of peersMedianInstitute for New Economic Thinking
Where the money goes FY2024 · $5.8M spent
Programs$4.4M76%Management and general$785k14%Fundraising$615k11%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2021
Open Society Institute gave about $13M a year for five years.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$6.0M in FY2022, −$5.2M in FY2023 and −$5.4M in FY2024. Cash covers 5.6 months, above the peer median of 5.6.
990 Part I and balance sheetIn its favor1
Strong governance
9 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI12funders
$9.6Ma year, last 3 years
99%from its largest funder
Funder’17’18’19’20’21’22’23Open Society InstituteStopped after FY2021$13M$6.3M$12M$5.8M$29M–Julis Foundation for Multi-Disciplinary ThinkingStopped after FY2020$200k$200k–The Mai Family FoundationOn and off$50k$50k$50k$50k$50kThe Malcolm Hewitt Wiener FoundationOn and off$100kThe Dwoskin Family FoundationOn and off$100kDavid Berger FoundationOn and off$25kDonor-advised giftsDonors not disclosed$25k$110k$25k$25k$25k3 other fundersUp to $23k a year each$10k$8k$23k
FundedThrough a donor-advised fundStopped