Compact Institute of Ideas Inc
The purpose of The Compact Institute of Ideas is to support exceptional journalism, as exemplified by COMPACT, and to conduct related public educational programs, such as training, mentorship, and sponsoring of journalists and public intellectuals, the production of rigorous, public-minded investigative reporting, the organization of annual or other periodic educational and enrichment programs, conferences and colloquia and the promotion of scholarship regarding the same.
Compact Institute of Ideas Inc at a glance
In short: Compact Institute of Ideas Inc gave $273K across 1 grant in 2024 (avg $273K), mostly in New York. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $272,946
- Grants made (2024)
- 1
- Average grant
- $272,946
- Median grant
- $272,946
- Total assets
- $301,185
- +50.6% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Compact Institute of Ideas Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Compact Magazine Inc ($273K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $273K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Compact Magazine Inc New York, NY | — | $272,946 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $301,185 | $376,215 | $300,573 | $272,946 | 1 |
| 2023 | $200,000 | $200,000 | — | — | — |
About Compact Institute of Ideas Inc
Based on IRS filings
Compact Institute of Ideas Inc is a public charity focused on Arts, Culture & Humanities, based in New York, NY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $301K in total assets. In 2024, it awarded 1 grant totaling $273K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Compact Institute of Ideas Inc is led by Matthew Schmitz, President on every filing since 2023; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Matthew Schmitz
President
On filings since 2023
1 hr/week
No compensation reported
Wilken Yu
Trustee
On filings since 2023
1 hr/week
$5K (2024)
Sohrab Ahmari
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $5K, to Wilken Yu (Trustee).
Frequently asked questions about Compact Institute of Ideas Inc
How much does Compact Institute of Ideas Inc give each year?
Compact Institute of Ideas Inc gave $273K across 1 grant in 2024, according to its 2024 IRS Form 990.
How large is Compact Institute of Ideas Inc?
Compact Institute of Ideas Inc reported $301K in total assets on its 2024 IRS Form 990. Its revenue that year was $376K.
What is Compact Institute of Ideas Inc?
Compact Institute of Ideas Inc is a public charity focused on Arts, Culture & Humanities, based in New York, NY. It holds $301K in total assets as of 2024.
Where does Compact Institute of Ideas Inc operate?
Compact Institute of Ideas Inc has awarded grants in New York.
What is Compact Institute of Ideas Inc's EIN?
Compact Institute of Ideas Inc's EIN (Employer Identification Number) is 93-3136676. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS November 18, 2025)
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in Compact Institute of Ideas Inc's focus areas in our free grants database
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Figures come from Compact Institute of Ideas Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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