Mission
STRENGTHENING ORGANIZATIONS THROUGH INNOVATIVE RESEARCH & INCUBATION TO IMPROVE CONSUMER FINANCIAL WELL-BEING.
Public Charity
FILENE RESEARCH INSTITUTE INC
FILENE RESEARCH INSTITUTE INC, of MADISON, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $10.9M in revenue, $10.2M in expenses, $16.4M in total assets. 30 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.
EIN: 391645910
MADISON, WI
Financial Institutions
NTEE: W60
Latest filing: 2025
Total Revenue$10.9M
Total Expenses$10.2M
Total Assets$16.4M
Grant Records30
Funding Total$1.0M
Filing Years2020–2025
Where $100 goes at Filene Research Institute Inc
How Filene Research Institute Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$73
Programs
the work itself
$13
Management
running the organization
$14
Fundraising
raising the next dollar
Inside the $73 for programs
$42
Research and incubation
$31
Outreach and education
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
TO PROVIDE SCIENTIFIC RESEARCH AND EDUCATIONAL PROGRAMS THAT BENEFIT THE GENERAL PUBLIC, CREDIT UNIONS, AND THEIR MEMBERS.
$100,000
UNRESTRICTED
$62,500
2024 INCUBATION LAB SPONSORSHIP
$25,000
MEMBER VOICE SPONSORSHIP
$22,917
TO STRENGTHEN THE CREDIT UNION MOVEMENT THROUGH RESEARCH, INNOVATION, AND COMMUNITY IMPACT INITIATIVES
$15,000
Showing up to 5 of 30 total records — full history available with membership.
Officers & Directors
CHAIR
April Clobes
DIRECTOR
Bill Cheney
DIR OF EXECUTIVE RELATIONS/SECRETARY
Jeremy Tollefson
DIRECTOR
Keith Sultemeier
TREASURER
Kevin Johnson
DIRECTOR
Lily Newfarmer
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $10.9M | $10.2M | $16.4M |
| 2024 | $9.1M | $9.2M | $15.5M |
| 2023 | $8.2M | $8.4M | $15.2M |
| 2021 | $8.0M | $7.4M | $14.3M |
| 2020 | $10.1M | $8.4M | $14.0M |
Between 2020 and 2025, reported annual revenue grew from $10.1M to $10.9M (+8%), with total assets most recently reported at $16.4M.
Interactive year-over-year charts and full filing details available with membership.