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The Institute For New Economic Thinking Inc

  • New York, NY
  • Tax-exempt since Jan. 2016
  • EIN: 27-1916040

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Social Science Research Institutes, Services / Economics (as a social science) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$430k (2024)

Expenses
$5.8M (2024)

Total Assets
$9.92M (2024)

Total Liabilities
$1.06M (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$429,626
Expenses
$5,803,431
Net Income
-$5,373,805
Net Assets
$8,859,377
Notable Sources of Revenue Percent of Total Revenue
Contributions $43,793
10.2%
Program Services $0
Investment Income $365,227
85.0%
Bond Proceeds $0
Royalties $1,417
0.3%
Rental Property Income $9,000
2.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,189
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,092,005
18.8%
Professional Fundraising Fees $0
Other Salaries and Wages $787,049
13.6%
Assets/Debt
Total Assets $9,916,689
Total Liabilities $1,057,312
Net Assets $8,859,377
Compensation
Key Employees and Officers Compensation Related Other
Robert Johnson (President) $446,177 $0 $75,258
Donna Folkerts (Chief Admin Officer) $193,665 $0 $12,162
Matthew Kulvicki (Director Of Film And Video) $189,253 $0 $24,179
Albert T Ferguson (Director Of Research) $130,000 $0 $4,514
Heske Van Doonen (Director Young Scholars) $120,292 $0 $44,521
Audra Aucoin (Grants Manager) $112,997 $0 $40,837
Pia Malaney (Assoc. Reasearch Director) $106,406 $0 $55,989
James Daves (Managing Director, Governing Board) $82,500 $0 $0
Jason Shure (Cfo, Thru June 2024) $49,709 $0 $19,101
Rohinton Medhora (Director) $0 $0 $0
Sarah Abell (Director) $0 $0 $0
Gaurav Dalmia (Director) $0 $0 $0
Neva Goodwin (Director) $0 $0 $0
Anatole Kaletsky (Director) $0 $0 $0
Drummond Pike (Director) $0 $0 $0
John A Powell (Director) $0 $0 $0
Gillian Tett (Director) $0 $0 $0
Richard Vague (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 17, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$753,427
Expenses
$5,988,488
Net Income
-$5,235,061
Net Assets
$14,022,712
Notable Sources of Revenue Percent of Total Revenue
Contributions $82,589
11.0%
Program Services $0
Investment Income $597,165
79.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,400
1.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $65,273
8.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $986,800
16.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,163,226
19.4%
Assets/Debt
Total Assets $15,497,843
Total Liabilities $1,475,131
Net Assets $14,022,712
Compensation
Key Employees and Officers Compensation Related Other
Robert Johnson (President) $445,763 $0 $73,246
Jason Shure (Cfo/Secretary) $196,504 $0 $42,065
Donna Folkerts (Chief Admin Officer) $194,806 $0 $34,416
Matthew Kulvicki (Director Of Film And Video) $189,120 $0 $27,190
Ramon Contreras (Head Of Special Pojects) $158,240 $0 $42,407
Albert T Ferguson (Director Of Research) $130,000 $0 $7,352
Jay Pocklington (Director Young Scholars) $126,750 $0 $24,228
Bernhard Wilpert (Comm. & Dev. Consultant) $120,000 $0 $8,788
Rohinton Medhora (Chairperson) $0 $0 $0
Clive Cowdery (Director, Thru 4/4/23) $0 $0 $0
Gaurav Dalmia (Director) $0 $0 $0
Jamie Daves (Director) $0 $0 $0
Neva Goodwin (Director) $0 $0 $0
William Janeway (Director, Thru 10/11/23) $0 $0 $0
Anatole Kaletsky (Director) $0 $0 $0
Drummond Pike (Director) $0 $0 $0
John A Powell (Director) $0 $0 $0
Gillian Tett (Director) $0 $0 $0
Richard Vague (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,256,577
Expenses
$7,206,840
Net Income
-$5,950,263
Net Assets
$18,852,592
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,147,721
91.3%
Program Services $0
Investment Income $84,407
6.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $17,600
1.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,849
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,222,655
17.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,061,526
28.6%
Assets/Debt
Total Assets $21,303,856
Total Liabilities $2,451,264
Net Assets $18,852,592
Compensation
Key Employees and Officers Compensation Related Other
Robert Johnson (President) $585,841 $0 $66,883
Jason Shure (Cfo/Secretary) $268,723 $0 $50,848
Donna Folkerts (Chief Admin Officer) $219,458 $0 $30,902
Sharmini Peries (Editor And Vp Communications) $205,000 $0 $8,117
Matthew Kulvicki (Director Of Film And Video) $199,717 $0 $22,560
Albert T Ferguson (Research Director) $193,850 $0 $6,667
Pia Malaney (Senior Economist) $182,258 $0 $6,295
Ramon Contreras (Special Projects) $177,804 $0 $37,501
Rohinton Medhora (Chairperson) $0 $0 $0
Chris Canavan (Chairperson, Thru 9/30/22) $0 $0 $0
Clive Cowdery (Director) $0 $0 $0
Gaurav Dalmia (Director) $0 $0 $0
Arminio Fraga (Director, Thru 6/30/22) $0 $0 $0
William Janeway (Director) $0 $0 $0
Anatole Kaletsky (Director) $0 $0 $0
Drummond Pike (Director) $0 $0 $0
John A Powell (Director) $0 $0 $0
Gillian Tett (Director) $0 $0 $0
Richard Vague (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,831,883
Expenses
$7,232,289
Net Income
$17,599,594
Net Assets
$24,925,351
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,810,335
99.9%
Program Services $0
Investment Income $2,666
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $9,600
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,282
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,265,863
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,029,779
28.1%
Assets/Debt
Total Assets $26,645,757
Total Liabilities $1,720,406
Net Assets $24,925,351
Compensation
Key Employees and Officers Compensation Related Other
Robert Johnson (President) $591,270 $0 $70,810
Jason Shure (Cfo/ Secretary) $272,250 $0 $58,621
Donna Folkerts (Chief Admin Officer) $221,953 $0 $43,759
Sharmini Peries (Editor And Vp Communications) $204,800 $0 $18,381
Matthew Kulvicki (Director Of Film And Video) $200,702 $0 $25,368
Tom Ferguson (Research Director) $196,626 $0 $10,665
Pia Malaney (Senior Economist) $183,835 $0 $11,732
Ramon Contreras (Special Projects) $179,703 $0 $38,735
Chris Canavan (Chairman) $0 $0 $0
Clive Cowdery (Director) $0 $0 $0
Gaurav Dalmia (Director) $0 $0 $0
Arminio Fraga (Director) $0 $0 $0
William Janeway (Director) $0 $0 $0
Anatole Kaletsky (Director) $0 $0 $0
Rohinton Medhora (Director) $0 $0 $0
Drummond Pike (Director) $0 $0 $0
John A Powell (Director) $0 $0 $0
Gillian Tett (Director) $0 $0 $0
Richard Vague (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Dec. 23, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,352,399
Expenses
$9,826,806
Net Income
-$7,474,407
Net Assets
$7,925,882
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,138,635
90.9%
Interest Revenue $322
0.0%
Dividends $0
Sales of Assets $0
Other Income $207,042
8.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $9,993,577
> 100%
Compensation of Officers* $1,084,385
11.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,290,684
Total Liabilities $2,364,802
Net Assets $7,925,882
Compensation
Key Employees and Officers Compensation Other
Robert Johnson (President) $593,771 $61,579
Jason Shure (Cfo/ Secretary) $270,855 $53,507
Donna Folkerts (Cao) $219,759 $40,049
Matthew Kulvicki (Director Of Film And) $200,850 $21,039
Tom Ferguson (Research Director) $196,626 $6,715
Sharmini Peries (Editor And Vp Commun) $187,348 $20,479
Pia Malaney (Senior Economist) $185,400 $6,353
Ramon Contreras (Special Projects) $178,590 $36,064
Chris Canavan (Chairman) $0 $0
Robert Dugger (Treasurer, Thru 7/23/2020) $0 $0
Drummond Pike (Director) $0 $0
William Janeway (Director) $0 $0
John A Powell (Director) $0 $0
Rohinton Medhora (Director) $0 $0
Gillian Tett (Director) $0 $0
Anatole Kaletsky (Director) $0 $0
Arminio Fraga (Director) $0 $0
Richard Vague (Director) $0 $0
Clive Cowdery (Director) $0 $0
Gaurav Dalmia (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 17, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,927,707
Expenses
$11,822,228
Net Income
-$9,894,521
Net Assets
$15,396,857
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,821,289
94.5%
Interest Revenue $2,655
0.1%
Dividends $0
Sales of Assets $0
Other Income $84,563
4.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $13,239,355
> 100%
Compensation of Officers* $1,274,541
10.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,258,190
Total Liabilities $2,861,333
Net Assets $15,396,857

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$64,713,688
Expenses
$16,070,505
Net Income
$48,643,183
Net Assets
$53,907,510
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $64,245,727
99.3%
Interest Revenue $644
0.0%
Dividends $0
Sales of Assets $0
Other Income $467,317
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $16,424,054
> 100%
Compensation of Officers* $1,305,739
8.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $57,713,454
Total Liabilities $3,805,944
Net Assets $53,907,510

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$13,160,645
Expenses
$17,758,011
Net Income
-$4,597,366
Net Assets
$5,254,795
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $12,203,561
92.7%
Interest Revenue $585
0.0%
Dividends $0
Sales of Assets $0
Other Income $956,499
7.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $18,853,158
> 100%
Compensation of Officers* $940,000
5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,118,491
Total Liabilities $4,863,696
Net Assets $5,254,795

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,559,702
Expenses
$18,758,151
Net Income
-$11,198,449
Net Assets
$9,852,161
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $6,646,585
87.9%
Interest Revenue $1,640
0.0%
Dividends $0
Sales of Assets $10,604
0.1%
Other Income $900,873
11.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $17,340,130
92.4%
Compensation of Officers* $722,083
3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,691,403
Total Liabilities $6,839,242
Net Assets $9,852,161

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$20,945,965
Expenses
$13,338,991
Net Income
$7,606,974
Net Assets
$21,050,610
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,132,887
96.1%
Interest Revenue $98
0.0%
Dividends $1,657
0.0%
Sales of Assets $24,004
0.1%
Other Income $787,319
3.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $13,143,131
98.5%
Compensation of Officers* $750,833
5.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $27,771,239
Total Liabilities $6,720,629
Net Assets $21,050,610

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$26,887,586
Expenses
$15,902,380
Net Income
$10,985,206
Net Assets
$13,443,636
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $26,342,823
98.0%
Interest Revenue $40
0.0%
Dividends $0
Sales of Assets $0
Other Income $478,588
1.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $9,054,376
56.9%
Compensation of Officers* $570,000
3.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $20,404,658
Total Liabilities $6,961,022
Net Assets $13,443,636

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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