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Colorado · Nonprofit

THE STEAMBOAT INSTITUTE

THE STEAMBOAT INSTITUTE (Colorado) receives grants from 49 organizations whose IRS filings report $4,305,477 to it, the largest being ADOLPH COORS FOUNDATION ($870,000). 32 of them have funded it in more than one year.

Revenue FY2025
$3.0M
Funders on record
49
Grants received
$4.3M
Net assets
$1.7M
32/49 repeat funderspeak grant-dependency 51%
01What it does

What The Steamboat Institute does

Mission

The Steamboat Institute promotes america's first principles and inspires active involvement in the defense of liberty

As stated on its FY2025 Form 990.

Program

  1. In 2025, Steamboat Institute continued a remarkable period of growth in the national reach and impact of its four major programs:Campus Liberty Tour:- 11 debates hosted on college campuses across America- 1,491 in-person attendees- 10,404 livestream viewers- 111,000 online views of full debate videos- 3 million online views of short video clips from the debatesSI Journalism Fellowship for Public Policy and American Exceptionalism:- Fellows completed 456 media appearances, including 256 on major networks (Fox News, CNN, Fox Business, MSNBC, News Nation)- 247 million viewers and listeners reached- 14th fellowship awarded to Carine Hajjar, member of the editorial board of the Boston GlobeEmerging Leaders Council (ages 20-29):- 45 members representing 15 states and Washington, D.C.- 4th Annual Leadership Summit hosted in May 2025 in Washington, D.C.- Members are becoming influential public speakers and writers, with pieces published in USA Today, TEDx Talks, and more- Members stepping into leadership roles in their local communities, states and Washington, D.C., including the U.S. Departments of Energy and Agriculture17th Annual Freedom Conference held in Beaver Creek, Colorado, in…

    $1,851,641 spentof which $18,750 as grants$175,820 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,851,641.

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 ($550k) Expenses 100 ($575k) Net assets 100 ($39k)2018 Revenue 138 ($762k) Expenses 132 ($758k) Net assets 110 ($42k)2019 Revenue 128 ($701k) Expenses 122 ($701k) Net assets 112 ($43k)2020 Revenue 137 ($752k) Expenses 107 ($615k) Net assets 467 ($180k)2021 Revenue 218 ($1.2M) Expenses 185 ($1.1M) Net assets 813 ($313k)2022 Revenue 282 ($1.5M) Expenses 261 ($1.5M) Net assets 935 ($360k)2023 Revenue 347 ($1.9M) Expenses 309 ($1.8M) Net assets 1284 ($495k)2024 Revenue 425 ($2.3M) Expenses 364 ($2.1M) Net assets 1948 ($750k)2025 Revenue 542 ($3.0M) Expenses 358 ($2.1M) Net assets 4393 ($1.7M)
'17'18'19'20'21'22'23'24'25
Revenue (542)Expenses (358)Net assets (4393)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 2023 to 2024, from $1.2M to $3.4M (+181%).

$205k
$229k
$259k
$434k
$783k
$956k
$1.2M
$3.4M
$4.5M
'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: 2020 7%. Grants only. Government contracts and fees sit inside program revenue.

93% of THE STEAMBOAT INSTITUTE’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$25k
’17
$4k
’18
$943
’19
$137k
’20
$133k
’21
$47k
’22
$135k
’23
$241k
’24
$919k
’25
1.7
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.

Board chair

Jennifer Schubert-Akin

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed1111108111111812
Joined·+1+0+0+3+0+0+0+4
No longer listed·11200030
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 26 funders, grant income rose $44k → $971k.

15 of 49 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% 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 STEAMBOAT INSTITUTE’s funders (the co-funder graph). Top 30 of 49 funders by total. 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 STEAMBOAT INSTITUTE has a broad base — no single funder exceeds 20% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

20%
largest funder
39%
top three
~12
effective funders

Largest funder’s share by year: 2017 51% · 2018 43% · 2019 24% · 2020 21% · 2021 20% · 2022 16% · 2023 33% — 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

57% of THE STEAMBOAT INSTITUTE's funders are still giving 3 years after their first grant; 65% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

51% of THE STEAMBOAT INSTITUTE's grant income comes from Colorado funders.

IL
WI
MI
NY
MA
PA
NJ
CA
CO
VA
MD
TX
FL

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

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

Funder states come from each funder’s own filing. $959k arriving through sponsors registered in 10 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

THE STEAMBOAT INSTITUTE runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin31% · top quartile
Months of reserve1.7mo · below the median
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like THE STEAMBOAT 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 Colorado

Nationally

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 6%Fundraising 4%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

76%

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

Screen this organization

A dated, signed PDF of the compliance screen for THE STEAMBOAT 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 THE STEAMBOAT INSTITUTE?
THE STEAMBOAT INSTITUTE (Colorado) receives grants from 49 organizations whose IRS filings report $4,305,477 to it, the largest being ADOLPH COORS FOUNDATION ($870,000). 32 of them have funded it in more than one year.
How many funders does THE STEAMBOAT INSTITUTE have?
IRS filings report 49 organizations giving $4,305,477 in grants to THE STEAMBOAT INSTITUTE, 32 of which have funded it in more than one year.
Who is the largest funder of THE STEAMBOAT INSTITUTE?
ADOLPH COORS FOUNDATION is the largest funder on record, with $870,000 in grants. The full list of funders is on this page.
How can an organization like THE STEAMBOAT INSTITUTE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. 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 Steamboat 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 49 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