OPEN MARKETS INSTITUTE

As filed

Subsection

03

NTEE code

B90

Classification

2000

Street

655 15TH STREET NW

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).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• INTERNATIONAL LIQUID TERMINALS ASSOCIATION

  EIN 52-1038765

• THE NATIONAL ALLIANCE TO END SEXUAL VIOLENCE - NAESV

  EIN 04-3701833

Mission and programs · 2024

• FAIR ECONOMY - OPEN MARKETS USES RESEARCH AND JOURNALISM TO EXPOSE THE DANGERS OF MONOPOLIZATION, IDENTIFIES INTERVENTIONS IN POLICY AND LAW TO ADDRESS THEM, AND EDUCATES POLICYMAKERS, ACADEMICS, MOVEMENT GROUPS, AND OTHER INFLUENTIAL STAKEHOLDERS TO RE-ESTABLISH THE COMPETITIVE MARKETS THAT HAVE LONG FORMED THE BEDROCK OF AMERICAN DEMOCRACY. BY COMBINING POLICY, LEGAL, AND MARKET STRUCTURE EXPERTISE WITH SOPHISTICATED COMMUNICATIONS, EDUCATION, AND COALITION-BUILDING EFFORTS, OPEN MARKETS SEEKS NOT ONLY TO HOLD TODAY'S MONOPOLIES ACCOUNTABLE FOR ABUSE OF POWER, BUT TO REBUILD AN ECONOMIC SYSTEM WHERE PROGRESS IS EASIER TO ACHIEVE, BECAUSE POWER IS FAR MORE WIDELY AND EQUITABLY DISTRIBUTED.

  Expenses $1,033,798

• TECHNOLOGY AND DEMOCRACY - SINCE OUR LAUNCH AS AN INDEPENDENT ORGANIZATION, THE OPEN MARKETS TEAM HAS FOCUSED ON SOUNDING THE ALARM ON THE MONOPOLISTIC PRACTICES AND HARMS OF FACEBOOK, GOOGLE, AND AMAZON. WE ARE EXCITED TO SEE THAT THIS IS NOW A PART OF THE NATIONAL DEBATE AND THE MOMENTUM FOR ACTION. WHILE WE CONTINUE TO FOCUS OUR EFFORTS ON ENSURING STRUCTURAL REMEDIES ARE APPLIED TO THE HARMS OF THESE PLATFORM MONOPOLIES, WE PLAN TO SIGNIFICANTLY EXPAND OUR WORK ON TECHNOLOGY AND POWER BEYOND THE THREE BIG PLATFORMS. THE MISSION OF THE TECHNOLOGY & POWER PROGRAM IS TO ENSURE THAT NEW TECHNOLOGIES ALWAYS SERVE THE INTEREST OF THE PUBLIC AS A WHOLE AND CANNOT BE USED TO CONCENTRATE DANGEROUS DEGREES OF POWER AND CONTROL OVER THE ACTIONS OR THOUGHTS OF INDIVIDUALS, GROUPS, OR ENTIRE SOCIETIES.

  Expenses $665,565

• COMPETITION LAW AND PHILOSOPHY - OPEN MARKETS SEEKS TO ACCELERATE SHAPING THE DIRECTION OF THE LAW THROUGH RESEARCH AND THE FILING OF AMICUS BRIEFS AND COMMENT LETTERS AND PETITIONS TO FEDERAL AGENCIES IN ANTITRUST CASES AND OTHER COMPETITION POLICY MATTERS. THIS WORK HAS ALREADY HAD INFLUENCE. WE HAVE ALSO SEEN CONSIDERABLE SUCCESS IN DRIVING ACTION THROUGH OUR STATE ATTORNEYS GENERAL PROGRAM AS SEEN IN THE TWO MAJOR INVESTIGATIONS ANNOUNCED INTO GOOGLE AND FACEBOOK. IN ADDITION, WE HAVE ALSO WORKED WITH STATE OFFICES ON ISSUES RELATED TO AGRICULTURE, LABOR, AND HEALTHCARE.

  Expenses $665,428

• INTERNATIONAL SYSTEMS - PUBLIC POLICIES THAT AFFECT THE TERMS OF TRADE WITH OTHER NATIONS, INCLUDING TARIFFS, HAVE PROFOUND EFFECTS ON THE STRUCTURE OF MARKETS, RANGING FROM UNWARRANTED PROTECTION FOR DOMESTIC MONOPOLIES TO THE PROMOTION OF TRANSNATIONAL TRADING COMPANIES THAT EXPLOIT LABOR, EVADE ENVIRONMENTAL STANDARDS, AND CREATE DANGEROUSLY OVEREXTENDED SUPPLY CHANNELS. AT THE SAME TIME TRADE POLICY PLAYS AN IMPORTANT ROLE IN STRENGTHENING OR WEAKENING AMERICA'S GEOPOLITICAL POSITION IN THE WORLD, MAKING TRADE, COMPETITION POLICY, AND NATIONAL SECURITY INTRINSICALLY LINKED.

  Expenses $652,184

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

  $2,871,589

  Expenses

  $3,918,043

  Contributions

  $2,871,589

  Grants paid

  $0

• 2023

  Revenue

  $3,770,652

  Expenses

  $3,780,779

  Contributions

  $3,770,652

  Grants paid

  $0

• 2022

  Revenue

  $3,953,730

  Expenses

  $2,942,179

  Contributions

  $3,953,730

  Grants paid

  $0

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

  $2,746,577

  Expenses

  $2,909,288

  Assets (EOY)

  $2,043,462

• 2020 · 990

  Revenue

  $2,592,622

  Expenses

  $4,018,923

  Assets (EOY)

  $2,078,995

• 2019 · 990

  Revenue

  $5,040,782

  Expenses

  $2,721,771

  Assets (EOY)

  $3,537,197

• 2018 · 990

  Revenue

  $1,617,677

  Expenses

  $654,698

  Assets (EOY)

  $1,206,583

• 2017 · 990-EZ

  Revenue

  $91,200

  Expenses

  $0

  Assets (EOY)

  $91,200

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

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $1,853,000

  2024 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $1,851,000

  2023 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $705,000

  2022 · For grant recipient's exempt purposes

• ECONOMIC SECURITY PROJECT INC

  $140,000

  2023 · GENERAL SUPPORT

• THE MIAMI FOUNDATION INC

  $125,000

  2025 · PROGRAM SUPPORT

• SILICON VALLEY COMMUNITY FOUNDATION

  $75,000

  2024 · Education

• NATIONAL WOMENS LAW CENTER

  $50,000

  2024 · GENERAL GRANT SUPPORT

• ECONOMIC SECURITY PROJECT INC

  $30,000

  2022 · USING ECONOMETRIC METHODS AND CONFIDENTIAL MICRODATA FROM THE SURVEY OF OCCUPATIONAL ILLNESS AND INJURIES, WE WILL STUDY THE CAUSAL EFFECT OF BUYER POWER ON INJURY RATES AT COMPANIES DEPENDENT ON LARGE BUYERS FOR THEIR PRODUCTS AND SERVICES.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files