INSTITUTE ON TAXATION AND ECONOMIC POLICY Charity Report

Public IRS 990 nonprofit record

INSTITUTE ON TAXATION AND ECONOMIC POLICY

EIN 04-2688165 · Public & Societal Benefit (W00F)

What they do

ITEP is A NON-PROFIT, NON-PARTISAN TAX POLICY ORGANIZATION. WE CONDUCT RIGOROUS ANALYSES of TAX and ECONOMIC PROPOSALS and PROVIDE DATA-DRIVEN RECOMMENDATIONS ON HOW to SHAPE EQUITABLE and SUSTAINABLE TAX SYSTEMS. ITEPS EXPERTISE and DATA UNIQUELY ENHANCE FEDERAL, STATE, and LOCAL POLICY DEBATES BY REVEALING HOW TAXES AFFECT BOTH PUBLIC REVENUES and PEOPLE of VARIOUS LEVELS of INCOME and WEALTH.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

50.21%of revenue went to mission work88.4% of expenses · Program services

2.92%of revenue went to fundraising5.1% of expenses

$56.80spent for every $100 of revenueRevenue covered expenses this year.

3.67%of revenue went to management and office costs6.5% of expenses

$1.92in assets for every $1 spent this yearSome assets cannot be spent right away.

96.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $307,215 for AMY HANAUER (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,490,036

Mission workProgram services$4,262,55950.21% of revenue88.4% of expenses

ManagementOffice and general costs$311,9373.67% of revenue6.5% of expenses

FundraisingAsking for donations$247,8842.92% of revenue5.1% of expenses

Revenue left after expensesReported annual surplus$3,667,65643.20% of revenueShown in gray on the chart

Total expenses$4,822,38056.80% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 88.4% mission · 6.5% management · 5.1% fundraisingTotal expenses: 56.80% of revenue

2024Expense mix: 87.7% mission · 4.4% management · 7.9% fundraisingTotal expenses: 99.68% of revenue

2023Expense mix: 86.1% mission · 7.4% management · 6.5% fundraisingTotal expenses: 137.74% of revenue

2022Expense mix: 80.9% mission · 14.7% management · 4.4% fundraisingTotal expenses: 53.64% of revenue

2021Expense mix: 81.2% mission · 16.3% management · 2.6% fundraisingTotal expenses: 93.23% of revenue

2020Expense mix: 82.0% mission · 15.1% management · 2.9% fundraisingTotal expenses: 102.22% of revenue

2019Expense mix: 88.7% mission · 9.0% management · 2.4% fundraisingTotal expenses: 197.77% of revenue

2018Expense mix: 85.0% mission · 11.4% management · 3.6% fundraisingTotal expenses: 50.84% of revenue

Money in and money out

Revenue$8,490,036

Expenses$4,822,380

Annual surplus $3,667,656 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,262,559 · 88.4% of expenses

Management and office costs$311,937 · 6.5% of expenses

Fundraising$247,884 · 5.1% of expenses

See all reported dollar amounts

Revenue$8,490,036

Expenses$4,822,380

Assets$9,251,024

Income$8,490,036

Contributions$8,199,374

Mission work (program services)$4,262,559

Fundraising$247,884

Grants given$62,500

Average grant$15,625

Management and general$311,937

Executive compensation (total)$226,683

Accounting fees$29,975

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

AMY HANAUEREXECUTIVE DIRECTOR · 35 hrs/week $307,215Base $219,286 · Other $87,929

STEVE WAMHOFFFEDERAL POLICY DIRECTOR · 35 hrs/week $220,243Base $162,948 · Other $57,295

MICHAEL ETTLINGERSENIOR FELLOW · 26 hrs/week $217,978Base $158,984 · Other $58,994

NICHOLAS JOHNSONSENIOR FELLOW · 30 hrs/week $217,320Base $161,200 · Other $56,120

JON WHITENDEPUTY DIRECTOR · 35 hrs/week $210,952Base $163,593 · Other $47,359

CARL DAVISRESEARCH DIRECTOR · 35 hrs/week $206,274Base $143,885 · Other $62,389

MATTHEW GARDNERSENIOR FELLOW · 35 hrs/week $200,153Base $149,230 · Other $50,923

ERIKA FRANKELDATA AND MODEL DIRECTOR · 35 hrs/week $182,467Base $139,515 · Other $42,952

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

AMY HANAUEREXECUTIVE DIRECTOR

STEVE WAMHOFFFEDERAL POLICY DIRECTOR

MICHAEL ETTLINGERSENIOR FELLOW

NICHOLAS JOHNSONSENIOR FELLOW

JON WHITENDEPUTY DIRECTOR

CARL DAVISRESEARCH DIRECTOR

MATTHEW GARDNERSENIOR FELLOW

ERIKA FRANKELDATA AND MODEL DIRECTOR

WHITNEY JEMISONCHAIR

DARIEN SHANSKETREASURER

VANESSA WILLIAMSONDIRECTOR (FROM DEC 25)

SARAH PRAYBOARD GOVERNANCE CHAIR

NICOLE RODRIGUEZDIRECTOR

CONNIE RAZZADIRECTOR

NAOMI WALKERDIRECTOR (THRU DEC 25)

MICHAEL MAZEROVDIRECTOR

CYNTHIA CONNOLLYDIRECTOR (THRU DEC 25)

LIZ WATSONDIRECTOR (FROM DEC 25)

AMBER WALLINDIRECTOR

JOAN ENTMACHERDIRECTOR

JASON BAILEYDIRECTOR

ERIN SCHARFFDIRECTOR

ERICA WILLIAMSDIRECTOR

ERIC RODRIGUEZDIRECTOR

About this charity

Recognized since: January 1980
Location: 1301 CONNECTICUT AVENUE NW SUITE 22, WASHINGTON, DC 20036-1815
County: District of Columbia
In care of: AMY HANAUER
Primary officer: AMY HANAUER, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailitep@itep.org Phone(202) 299-1066

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: WEGNER CPAS LLP
NTEE classification: Public & Societal Benefit (W00F)
IRS tax category: Research and Development in the Social Sciences and Humanities
Grant-giving organization: Yes