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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$301K
+50.6% YoY
Annual Giving
$273K
Grant Count
1
Avg Grant Size
$273K
About Compact Institute of Ideas Inc
Based on IRS filings
Compact Institute of Ideas Inc is a nonprofit organization 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 grants totaling $273K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $301,185 | $200,000 |
| Revenue | $376,215 | $200,000 |
| Expenses | $300,573 | — |
| Qualifying Distributions | — | — |
| Net Investment Income | — | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Compact Magazine Inc ($272,946).
| Recipient | Purpose | Amount |
|---|---|---|
| Compact Magazine Inc New York, NY | — | $272,946 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Wilken Yu | Trustee | 1 | $5,000 |
| Sohrab Ahmari | Treasurer | 1 | — |
| Matthew Schmitz | President | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Compact Institute of Ideas Inc?
Compact Institute of Ideas Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in NEW YORK, NY. It holds $301K in total assets as of 2024.
How large is Compact Institute of Ideas Inc?
As of 2024, Compact Institute of Ideas Inc holds $301K in total assets with $376K in annual revenue. It awarded 1 grants totaling $273K in 2024.
Where does Compact Institute of Ideas Inc operate?
Compact Institute of Ideas Inc has awarded grants in New York.
What size grants does Compact Institute of Ideas Inc award?
In 2024, Compact Institute of Ideas Inc awarded 1 grants totaling $273K — an average of about $273K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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