Public Charity

THE INDEPENDENT INSTITUTE

THE INDEPENDENT INSTITUTE is a Public Charity headquartered in OAKLAND, CA. Financial data from the 2025 filing: $6.5M revenue, $6.6M expenses, $13.0M total assets. 75 publicly reported grants to this organization, totaling roughly $8.2M, appear in IRS filings.

EIN: 943008370 OAKLAND, CA Latest filing: 2025
Total Revenue$6.5M
Total Expenses$6.6M
Total Assets$13.0M
Grant Records75
Funding Total$8.2M
Filing Years2021–2025

Mission

ESTABLISHED IN THE ENTREPRENEURIAL SPIRIT OF ITS HOME IN SILICON VALLEY, THE NON-PROFIT, NON-PARTISAN INDEPENDENT INSTITUTE EMPLOYS INNOVATIVE THINKING TO BOLDLY ADVANCE PEACEFUL, PROSPEROUS, AND FREE SOCIETIES GROUNDED IN A COMMITMENT TO HUMAN WORTH AND DIGNITY.

Where $100 goes at The Independent Institute

How The Independent Institute divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$8 Management running the organization
$11 Fundraising raising the next dollar

Inside the $81 for programs

$41
Disseminating ideas
51% of program spending
$23
Sparking entrepreneurship & innovation
28% of program spending
$9
Educating the next generation
11% of program spending

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 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHIEF OPERATING OFFICER Bradley Devos
DIRECTOR David J Teece
DIRECTOR OF THE CENTER ON GLOBAL PROSPERITY Gabriel Gasave
PRESIDENT Graham H Walker
SENIOR FELLOW AND COPAL DIRECTOR Ivan Eland
DIRECTOR OF DEVELOPMENT Jacob Turnrose

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,410,191 47 grants
Education
$1,361,600 14 grants
Housing & Homelessness
$887,000 5 grants
Health & Medicine
$505,000 1 grant
Research & Policy
$31,832 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $6.5M $6.6M $13.0M
2024 $9.0M $5.3M $12.7M
2023 $4.1M $5.0M $8.2M
2022 $5.4M $4.9M $9.1M
2021 $4.6M $4.5M $9.4M

Between 2021 and 2025, reported annual revenue grew from $4.6M to $6.5M (+43%), with total assets most recently reported at $13.0M.

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

See the full picture for THE INDEPENDENT INSTITUTE

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