Mission
THE INSTITUTE IS A FREE MARKET ORIENTED THINK TANK DEDICATED TO GATHERING, DISSEMINATING, AND EDUCATING ILLINOIS CONSTITUENTS ON LOCAL, STATE, AND FEDERAL PUBLIC POLICY ISSUES FACING ILLINOIS.
Public Charity
ILLINOIS POLICY INSTITUTE
ILLINOIS POLICY INSTITUTE is a nonprofit organization categorized as Public Charity based in CHICAGO, IL. Its most recent IRS filing (2024) reports revenue of $8.1M, expenses of $7.5M, total assets of $3.1M. Imperigo tracks 73 reported grant relationships connected to this organization totaling approximately $21.4M.
EIN: 412057028
CHICAGO, IL
Research Institutes & Public Policy Analysis
NTEE: W05
Latest filing: 2024
Total Revenue$8.1M
Total Expenses$7.5M
Total Assets$3.1M
Grant Records73
Funding Total$21.4M
Filing Years2019–2024
Where $100 goes at Illinois Policy Institute
How Illinois Policy Institute divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$79
Programs
the work itself
$9
Management
running the organization
$12
Fundraising
raising the next dollar
Inside the $79 for programs
$79
Illinois Policy Institute conducts research on a variety of issues, including fiscal matters, education policy, and government reform
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.
Sample Grants Received
2025 SPN PATHWAYS TO PROSPERITY PRIZE
$75,000
EDUCATION
$50,000
For grant recipient's exempt purposes
$355,330
FOR RECIPIENT'S EXEMPT PURPOSE
$240,705
PUBLIC, SOCIETAL BENEFIT
$170,500
Showing up to 5 of 73 total records — full history available with membership.
Officers & Directors
EXECUTIVE VP
Amy Korte
TREASURER
Art Margulis
VP OF EXTERNAL RELATIONS
Austin Jack
VP OPERATIONS
Christopher Andriesen
DIRECTOR
Craig Manske
VICE CHAIRMAN
Ed Bachrach
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $8.1M | $7.5M | $3.1M |
| 2023 | $7.4M | $7.4M | $2.6M |
| 2022 | $5.3M | $7.8M | $2.8M |
| 2020 | $7.5M | $7.3M | $3.8M |
| 2019 | $7.9M | $7.1M | $3.7M |
Between 2019 and 2024, reported annual revenue grew from $7.9M to $8.1M (+2%), with total assets most recently reported at $3.1M.
Interactive year-over-year charts and full filing details available with membership.