The Institute For New Economic Thinking Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 24,831,883 | 7,232,289 | 17,599,594 | 41.4 | 46% |
| 2022 | 1,256,577 | 7,206,840 | −5,950,263 | 31.4 | 46% |
| 2023 | 753,427 | 5,988,488 | −5,235,061 | 28.1 | 36% |
In its most recent public year (2023), this organization spent $5,235,061 more than it brought in. Its reserves stood at about 28.1 months of spending, down from 41.4 in 2021. Staff pay was 36% of spending. $373,310 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Institute For New Economic Thinking Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works