Mission
THE NBER CONDUCTS UNBIASED, NON-PARTISAN ECONOMIC RESEARCH AND COMMUNICATES THE FINDINGS OF THAT RESEARCH TO ACADEMIC RESEARCHERS, POLICY-MAKERS, AND BUSINESS PROFESSIONALS. (CONTINUED ON SCHEDULE O)
Public Charity
NATIONAL BUREAU OF ECONOMIC RESEARCH INC
Based in CAMBRIDGE, MA, NATIONAL BUREAU OF ECONOMIC RESEARCH INC operates as a Public Charity. The organization reported $47.0M in revenue, $38.9M in expenses, $206.0M in total assets for fiscal year 2025. Imperigo tracks 29 reported grant relationships connected to this organization totaling approximately $2.1M.
EIN: 131641075
CAMBRIDGE, MA
Economics
NTEE: V22
Latest filing: 2025
Total Revenue$47.0M
Total Expenses$38.9M
Total Assets$206.0M
Grant Records29
Funding Total$2.1M
Filing Years2021–2025
Where $100 goes at National Bureau of Economic Research Inc
How National Bureau of Economic Research Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$74
Programs
the work itself
$26
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $74 for programs
$50
Sponsored research
$18
Research meetings
$3
Non-sponsored research
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$110,100
SUBCONTRACT GRANT AWARD
$51,555
$50,000
$26,000
PUBLIC, SOCIETAL BENEFIT
$214,775
Showing up to 5 of 29 total records — full history available with membership.
Officers & Directors
ASST CORP SEC & CORP/FOUND. RELATIONS
Abigail Murrell
DIRECTOR
Alan V Deardorff
DIRECTOR
Alicia H Munnell
ASST DIR OF GRANTS
Alison Oaxaca
CORP SEC & DIR OF GRANTS
Alterra Milone
DIRECTOR EMERITUS
Andrew Postlewaite
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $47.0M | $38.9M | $206.0M |
| 2024 | $61.0M | $38.4M | $189.6M |
| 2023 | $41.7M | $38.5M | $176.8M |
| 2022 | $42.1M | $33.7M | $153.2M |
| 2021 | $54.8M | $33.6M | $178.0M |
Between 2021 and 2025, reported annual revenue declined from $54.8M to $47.0M (-14%), with total assets most recently reported at $206.0M.
Interactive year-over-year charts and full filing details available with membership.