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Independence Institute

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 840990300 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Independence Institute?

The Independence Institute is a nonprofit organization, situated unspecified in the information, dedicated to promoting individual empowerment and educating various sectors of society on policies that strengthen personal and economic freedom. Their primary activities involve research and public education, aiming to enlighten citizens, legislators, and influencers about policies that foster liberty and prosperity.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% - Four-Star out of Four Star Rating

The Independence Institute has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high score of 95%, the organization demonstrates a solid commitment to responsible financial management and transparency, essential traits for maintaining donor trust and effective operations.

Strengths highlighted include a fully independent board and robust governance practices, showcasing a commitment to ethical standards and oversight. Significant program expenses indicate that the majority of the organization's resources are dedicated to its mission, with an impressive fundraising efficiency ratio, which suggests effective use of donor contributions.

While the data does not indicate any limitations or issues, the consistently high scores across multiple financial metrics suggest a well-managed organization. This strong financial standing positions the Independence Institute favorably within the nonprofit sector, assuring stakeholders of its operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Independence Institute legitimate?

Independence Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $144,034
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,090,767

For more financial information, click here

What is the mission statement of Independence Institute?

The Independence Institute, an organization dedicated to research and public education, aims to empower individuals and enlighten citizens, legislators, and influential voices about policies that foster personal and economic liberty. By doing so, they strive to promote policies that enhance individual freedom and prosperity. Their activities primarily focus on informing and educating, serving as a trusted resource for citizens to make informed decisions on policy matters.

Who is the CEO of Independence Institute?

Jon C Caldara is the President Of Ii of Independence Institute.

What is the revenue of Independence Institute?

Independence Institute's revenue in 2022 was $3,977,476.

Who are the executives of Independence Institute and what are their salaries?

The average compensation at Independence Institute during 2022 was $77,175. There are 16 employees and 20 volunteers at Independence Institute.


Here are 7 key members and their salaries:


Jon C Caldara (President Of Ii)
  • Compensation: $144,034
  • Related: $0
  • Other: $0
Katherine Whitcomb (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Wadhams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Shopneck (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hillman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mccarty (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Independence Institute?

Independence Institute's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Independence Institute

The Independence Institute is a nonprofit organization dedicated to issuing research and educating the public. Its mission is to empower individuals and enlighten citizens, legislators, and influential opinion makers about public policies that boost personal and economic freedom. By doing so, the Institute aims to promote individual liberty and economic prosperity, thereby contributing to a more free and vibrant society.

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Impact




July, 2024

The Independence Institute impacts individuals, citizens, legislators, and opinion makers by providing research and education on public policies that promote personal and economic freedom. Through its work, it aims to empower individuals and contribute to a better understanding of policies that enhance personal and economic freedom for the public benefit.




This information is meant to be a general summary of Independence Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,977,476 (2022)
Expenses
$2,713,541 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$101,580
  • Gross Receipts: $3,994,226

Assets and Liabilities:

  • Total Assets: $5,396,578
  • Total Liabilities: $115,030
  • Net Assets: $5,281,548

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Organization Details

Founding Year

1985

Principal Officer

Jon C Caldara

Main Address

727 E 16th Ave, DENVER, CO, 80203

NTEE Category

Code: W00F - Public benefit

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