Equis Institute

Analysis

Equis Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Equis Institute reported income of $15.0m and spending of $12.6m, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $10.6m to $15.0m (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Equis Institute sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Salzburg Global Seminar Inc ($15.0m), Commonwealth Fund for Ket Inc ($15.0m) and San Diego Theatres Inc ($15.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $345k (2.7% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $12.1m against liabilities of $1.7m, net assets of $10.4m.