Institute for Market Transformation
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Key facts about Institute for Market Transformation
In short: Institute for Market Transformation gave $1.3M across 14 grants in 2024 (avg $92K), top state Washington. Source: 2024 IRS Form 990 filing.
- EIN
- 94-3241464
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $1,293,750
- Grants made (2024)
- 14
- Average grant
- $92,411
- Median grant
- $100,000
- Total assets
- $5,394,663
- Primary geography
- Washington (23% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$5.4M
-18.0% YoY
Annual Giving
$1.3M
+94.9% YoY
Grant Count
14
+133.3% YoY
Avg Grant Size
$92K
-16.5% YoY
How Institute for Market Transformation gives
- 0% of 2024 grantees were also funded in 2023. Method
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
About Institute for Market Transformation
Based on IRS filings
Institute for Market Transformation is a nonprofit organization focused on Environment & Animals, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 14 grants totaling $1.3M. Net investment income was $133K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 14 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $106K (2020) to $1.3M (2024). In 2024 it made 14 grants totaling $1.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Tides Ctr-Beep ($300K). Together the top 10 received $1.2M.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was in the $100–250K range: 12 grants of 27 (44%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tides Ctr-Beep Los Angeles, CA | Community Climate Shift Subgrant | $300,000 |
| People for Community Recovery Chicago, IL | Cab Cohort Subgrant and Community Climate Shift Subgrant | $113,750 |
| Africatown Community Land Trust Seattle, WA | Community Climate Shift Subgrant | $100,000 |
| Alliance for Affordable Energy New Orleans, LA | Community Climate Shift Subgrant | $100,000 |
| Bridging the Gap Inc Kansas City, MO | Community Climate Shift Subgrant | $100,000 |
| Community Builder's Network of St Louis St. Louis, MO | Community Climate Shift Subgrant | $100,000 |
| Front and Centered Seattle, WA | Community Climate Shift Subgrant | $100,000 |
| Isaiah Saint Paul, MN | Community Climate Shift Subgrant | $100,000 |
| Rural People's Voice Winthrop, WA | Community Climate Shift Subgrant | $100,000 |
| Washington Interfaith Network Washington, DC | Community Climate Shift Subgrant | $100,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,394,663 | $6,580,356 | $4,499,701 |
| Revenue | $6,537,555 | $8,826,978 | $4,838,446 |
| Expenses | $8,135,948 | $6,467,857 | $6,285,109 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $132,861 | $138,854 | $29,100 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Institute for Market Transformation is led by Alex Dews, CEO since 2024 (on filings since 2022); 7 of 16 officers listed in 2024 are compensated.
Officers on the 2024 filing
Alex Dews
CEO
Managing Director & Programs → Managing Director, 2023
Managing Director → CEO, 2024
On filings since 2022
35 hrs/week
$154K (2022) → $212K (2024)
Sandra Henry
Board Chair
Board Treasurer → Board Chair-Elect, 2023
Board Chair-Elect → Board Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Julia Gisewite
Board Member & Audit Chair
Director → Board Member, 2022
Board Member → Board Member & Audit Chair, 2024
On filings since 2021
2 hrs/week
No compensation reported
Betsy Law
Managing Director
Managing Director - Ops → Managing Director & Operations, 2022
Managing Director & Operations → Managing Director, 2023
On filings since 2021
35 hrs/week
$134K (2021) → $193K (2024)
Lindsey D. Falasca
Director
Director & Net Zero Fed Buildings → Director, 2024
On filings since 2022
35 hrs/week
$129K (2022) → $140K (2024)
Lauren J. Miller
Senior Director
On filings since 2023
35 hrs/week
$143K (2023) → $155K (2024)
Marla Thalheimer
Senior Director
On filings since 2023
35 hrs/week
$144K (2023) → $151K (2024)
Theresa M. Backhus
Director
New on the 2024 filing
35 hrs/week
$132K (2024)
Clifford B. Majersik
Senior Advisor
Senior Advisor → Senior Advisor, Policy & Programs, 2022
Senior Advisor, Policy & Programs → Senior Advisor, 2023
On filings since 2020
35 hrs/week
$149K (2020) → $144K (2024)
Bomee Jung
Board Treasurer
Secretary → Board Secretary, 2022
Board Secretary → Board Treasurer, 2023
On filings since 2020
2 hrs/week
No compensation reported
Carlton Brown
Board Member
Director → Board Member, 2022
On filings since 2020
2 hrs/week
No compensation reported
David Goldstein
Board Member
Founding Chair → Board Member, 2022
On filings since 2020
2 hrs/week
No compensation reported
Eric Walker
Board Vice Chair
Director → Board Member, 2022
Board Member → Board Vice Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Akshai Rao
Board Secretary
Director → Board Member, 2022
Board Member → Board Secretary, 2023
On filings since 2021
2 hrs/week
No compensation reported
Maureen Waters
Board Member
On filings since 2022
2 hrs/week
No compensation reported
Tamara Jones
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Former officers (19)
- Former: Adam Hinge (2020–2023) — Board Chair
- Former: Jonathan Arnold (2020–2023) — Board Member
- Former: Lotte Schlegel (2020–2023) — Executive Director
- Former: Amy Boyce (2023) — Senior Director
- Former: Ashawnda Fleming (2023) — Managing Director
- Former: Michael Towler (2023) — Director
- Former: Kathryn F. Weeks (2020–2022) — Managing Director, Committee & Development
- Former: Ryan Freed (2020–2022) — Senior Director, Policy Strategy & Engagement
- Former: Margaret Lo (2022) — Director & Business Engagement
- Former: Alan S. Miller (2020–2021) — Director
- Former: Charlotte Mathews (2020–2021) — Director
- Former: David Cohan (2020–2021) — Director of Tech & Policy Analysis
- Former: David Goldstiend (2021) — Director
- Former: Andrew Burr (2020) — Director of Development
- Former: Henrietta Davis (2020) — Director
- Former: Joyce Mihalik (2020) — Director
- Former: Julia H. Hughes (2020) — Managing Director & Programs
- Former: Matt Eggers (2020) — Director
- Former: Paul Wade (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "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 $212K, to Alex Dews (CEO). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Institute for Market Transformation
How much does Institute for Market Transformation give each year?
Institute for Market Transformation gave $1.3M across 14 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $664K across 6 grants.
What is Institute for Market Transformation's typical grant size?
Institute for Market Transformation's median grant in 2024 was $100,000, and its average grant was $92,411, across 14 grants on its 2024 IRS Form 990 filing.
Where does Institute for Market Transformation give grants?
Institute for Market Transformation's top state is Washington, with 23% of the grant dollars itemized on its 2024 IRS Form 990 filing. The next largest states were California (23%) and Missouri (15%). The most frequent recipient cities were Seattle, WA (2 grants).
Does Institute for Market Transformation give general operating support?
Not in 2024: none of the 14 grants with a stated purpose on Institute for Market Transformation's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Community Climate Shift Subgrant" (9 grants) and "Invest in Future Subgrant" (3 grants).
Who are Institute for Market Transformation's largest grantees?
Institute for Market Transformation's largest 2024 grantees include Tides Ctr-Beep ($300,000), People for Community Recovery ($113,750) and Africatown Community Land Trust ($100,000), according to its 2024 IRS Form 990 filing. Together they received 40% of its itemized 2024 grant dollars.
How large is Institute for Market Transformation?
Institute for Market Transformation reported $5.4M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $6.5M.
What is Institute for Market Transformation?
Institute for Market Transformation is a nonprofit organization focused on Environment & Animals, based in Washington, DC. It holds $5.4M in total assets as of 2024.
What is Institute for Market Transformation's EIN?
Institute for Market Transformation's EIN (Employer Identification Number) is 94-3241464. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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