Public Charity

THE INSTITUTE FOR NEW ECONOMIC THINKING INC

THE INSTITUTE FOR NEW ECONOMIC THINKING INC, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $430K in revenue, $5.8M in expenses, $9.9M in total assets. 11 publicly reported grants to this organization, totaling roughly $270K, appear in IRS filings.

EIN: 271916040 NEW YORK, NY Economics NTEE: V22 Latest filing: 2024
Total Revenue$430K
Total Expenses$5.8M
Total Assets$9.9M
Grant Records11
Funding Total$270K
Filing Years2020–2024

Mission

THE INSTITUTE FOR NEW ECONOMIC THINKING, INC. ("INET") PROVIDES FRESH INSIGHT AND THINKING TO PROMOTE CHANGES IN ECONOMIC THEORY AND PRACTICE THROUGH CONFERENCES, GRANTS, AND EDUCATION INITIATIVES.

Where $100 goes at The Institute for New Economic Thinking Inc

How The Institute for New Economic Thinking Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$81 Programs the work itself
$12 Management running the organization
$7 Fundraising raising the next dollar

Inside the $81 for programs

$28
Young scholars initiative2024 marked significant growth and maturation
35% of program spending · Reported in the filing: 170 workshops; 20 events; 4,000 members
$22
Multimedia productionin the filed of video and multimedia, inet released 50 new productions in 2024 across a wide range of formats, including in-depth educational series, animated explainers, videocasts…
26% of program spending · Reported in the filing: 50 productions
$16
Researchiin 2024, inet supported approximately 50 research grants and launched 9 new initiatives
20% of program spending · Reported in the filing: 50 grants

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR OF RESEARCH Albert T Ferguson
DIRECTOR Anatole Kaletsky
GRANTS MANAGER Audra Aucoin
CHIEF ADMIN OFFICER Donna Folkerts
DIRECTOR Drummond Pike
DIRECTOR Gaurav Dalmia

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$210,000 7 grants
Education
$60,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $430K $5.8M $9.9M
2023 $753K $6.0M $15.5M
2022 $1.3M $7.2M $21.3M
2020 $2.4M $9.8M $10.3M

Between 2020 and 2024, reported annual revenue declined from $2.4M to $430K (-82%), with total assets most recently reported at $9.9M.

Interactive year-over-year charts and full filing details available with membership.

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