THE INSTITUTE FOR NEW ECONOMIC THINKING INC

As filed

Subsection

03

NTEE code

V22

Classification

1000

Street

60 E 42ND ST STE 1800

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• YOUNG SCHOLARS INITIATIVE2024 MARKED SIGNIFICANT GROWTH AND MATURATION. MEMBERS ORGANIZED 196 PROJECTS --170 IN-PERSON WORKSHOPS, 11 WEBINAR SERIES, AND 15 ONE-TIME WEBINARS. YSI SUPPORTED MORE THAN 20 EXTERNAL EVENTS THROUGH ITS EVENT GRANTS PROGRAM, AND THE NETWORK OF YSI HUBS PROVIDED ONGOING OPPORTUNITIES FOR LOCAL COLLABORATION AND COMMUNITY BUILDING.MEMBERSHIP ROSE 21% --NEARLY 4,000 NEW MEMBERS --TO JUST UNDER 24,000. THE NUMBER OF ACTIVE ORGANIZERS REACHED 581, AND CORE LEADERSHIP GREW TO 644.

  Expenses $1,528,039 · Grants $105,982

• RESEARCHIIN 2024, INET SUPPORTED APPROXIMATELY 50 RESEARCH GRANTS AND LAUNCHED 9 NEW INITIATIVES. THE WORKING PAPER SERIES ADDED 17 PAPERS, BRINGING THE TOTAL TO 231. WORKING PAPERS EXAMINED THE CONSUMER WELFARE MODEL IN ANTITRUST, AI AND MARKET STRUCTURE, PHARMACEUTICAL PRICING, THE TRANSITION TO ELECTRIC VEHICLES, U.S. HOUSEHOLD INDEBTEDNESS, AND ADDITIONAL DRIVERS OF ECONOMIC IMBALANCES.

  Expenses $868,146 · Grants $367,998

• CONTENTFOUNDED IN 2009 AFTER THE FINANCIAL CRISIS, THE INSTITUTE FOR NEW ECONOMIC THINKING (INET) IS A NONPARTISAN, NONPROFIT ORGANIZATION THAT DEVELOPS AND SHARES RESEARCH-BASED IDEAS TO STRENGTHEN ECONOMIC PERFORMANCE AND BROADEN OPPORTUNITY. TO MEET CURRENT AND FUTURE CHALLENGES, INET CONDUCTS AND COMMISSIONS RESEARCH, CONVENES FORUMS FOR THE EXCHANGE OF IDEAS, AND NURTURES A COMMUNITY OF YOUNG SCHOLARS. WE INCUBATE NEW ECONOMIC APPROACHES WITHIN ACADEMIA AND BEYOND, THEN AMPLIFY THIS WORK THROUGH PUBLICATIONS, MULTIMEDIA, AND THE YOUNG SCHOLARS INITIATIVE (YSI).

  Expenses $834,179 · Grants $391

• 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, AND INTERVIEWS.OTHER MAJOR PROGRAMSINET CONVENED AND PARTICIPATED IN EVENTS WITH LEADING ECONOMISTS AND STAKEHOLDERS ON TOPICS SUCH AS INNOVATION AND CAPABILITIES, PATENT LAW, ECOLOGICAL CHANGE, TECHNOLOGY AND PRIVACY, EMERGING MARKETS, AND LABOR MARKET DYNAMICS.

  Expenses $1,173,100

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $429,626

  Expenses

  $5,803,431

  Contributions

  $43,793

  Grants paid

  $474,371

• 2023

  Revenue

  $753,427

  Expenses

  $5,988,488

  Contributions

  $82,589

  Grants paid

  $555,983

• 2022

  Revenue

  $1,256,577

  Expenses

  $7,206,840

  Contributions

  $1,147,721

  Grants paid

  $640,552

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $24,831,883

  Expenses

  $7,232,289

  Assets (EOY)

  $26,645,757

• 2020 · 990-PF

  Revenue

  $2,352,399

  Expenses

  $9,826,806

  Assets (EOY)

  $10,290,684

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• THE ACADEMIC-INDUSTRY RESEARCH NETWORK

  $149,997

  2024 · INNOVATION AND FINANCIALIZATION IN THE EV INDUSTRY, PARTICULARLY FOCUSED ON BATTERIES

• TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK

  $145,034

  2022 · STIGLITZ POST-DOCTORAL FELLOWSHIP

• THE ACADEMIC-INDUSTRY RESEARCH NETWORK

  $99,994

  2022 · MASS-PRODUCING COVID-19 VACCINES: CAPACITY, SCALE, AND CONTROL

• UNIVERSITY OF UTAH

  $69,500

  2024 · THE CONSUMER WELFARE STANDARD: AN ASPIRATIONAL OBITUARY

• NEW YORK UNIVERSITY

  $68,328

  2022 · KNIGHTIAN UNCERTAINITY ECONOMICS

• THE ACADEMIC-INDUSTRY RESEARCH NETWORK

  $49,999

  2023 · ANALYZE THE BUSINESS-LEVEL ECONOMICS OF TRANSITIONING FROM PHEVS TO BEVS AS THE DOMINANT TYPE OF EV

• UNIVERSITY OF UTAH

  $49,500

  2022 · SOCIAL AND SECTORAL INFLUENCES IN THE EVOLUTION OF AMERICAN ANTITRUST LAW

• UNIVERSITY OF UTAH

  $39,900

  2023 · THE CASE AGAINST EFFICIENCIES IN HORIZONTAL MERGER REVIEWS

• CENTER FOR ECONOMIC AND POLICY RESEARCH

  $38,750

  2023 · RACIAL AND GENDER GAP IN WORK-HOUR VOLATILITY AND ECONOMIC SECURITY AMONG U.S. WORKERS

• UNIVERSITY OF TEXAS RIO GRANDE VALLEY FOUNDATION

  $21,002

  2023 · LAB: ARTIFICIAL INTELLIGENCE IN RESEARCH

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• ASSETS UNDER MOVEMENT

  $25,000

  2022 · GENERAL OPERATING SUPPORT

• ASSETS UNDER MOVEMENT

  $25,000

  2024 · General operating support

• ASSETS UNDER MOVEMENT

  $25,000

  2023 · General operating support

• ATLAS ECONOMIC RESEARCH FOUNDATION

  $20,000

  2025 · Economic Education

Other IRS files