IMPACT CAPITAL MANAGERS INSTITUTE INC Charity Report

Public IRS 990 nonprofit record

IMPACT CAPITAL MANAGERS INSTITUTE INC

EIN 83-2945292 · Professional Societies & Associations - Education (B03)

What they do

THE CORPORATION SHALL WORK to FOSTER, FACILITATE and SUPPORT THE DEVELOPMENT of PRIVATE CAPITAL IMPACT INVESTING, SOCIAL ENTREPRENEURSHIP and OTHER INNOVATIVE FINANCING MECHANISMS to EFFECT POSITIVE SOCIAL CHANGE BY, AMONG OTHER ACTIVITIES (A) CREATING and FACILITATING EDUCATIONAL FORUMS, TRAININGS, WORKSHOPS and PROGRAMS; (B) FACILITATING and PROVIDING SUPPORT for RESEARCH and STUDIES; (C) CREATING and DISSEMINATING or SUPPORTING THE CREATION and DISSEMINATION of EDUCATIONAL MATERIALS, TRAINING and IMPACT MEASUREMENT TOOLS, and OTHER RESOURCES; (D) DEVELOPING and PROMOTING COLLABORATIONS and RELATIONSHIPS DESIGNED to BUILD and SUSTAIN EDUCATED, DIVERSE, and DYNAMIC COMMUNITIES of IMPACT and ENABLE THE EFFECTIVE DEPLOYMENT of PHILANTHROPIC and OTHER RESOURCES IN A MISSION-ALIGNED MANNER; and (E) ENGAGING IN ANY and ALL OTHER LAWFUL ACTIVITIES INCIDENTAL to and IN PURSUIT of THE FOREGOING PURPOSES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $70.60 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 2024The charity has a recent tax report to read.

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

They name their leaders11 people are listed in the latest report.

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

Money made simple

134.95%of revenue went to mission work70.6% of expenses · Program services

5.88%of revenue went to fundraising3.1% of expenses

$191.17spent for every $100 of revenueSpending was higher than revenue this year.

50.34%of revenue went to management and office costs26.3% of expenses

$0.85in assets for every $1 spent this yearSome assets cannot be spent right away.

99.1%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.

Worth asking: Expenses exceeded revenue by $294,456 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $79,814 for MARIEKE SPENCE (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 2024

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$322,964

Mission workProgram services$435,848134.95% of revenue70.6% of expenses

ManagementOffice and general costs$162,58350.34% of revenue26.3% of expenses

FundraisingAsking for donations$18,9895.88% of revenue3.1% of expenses

Total expenses$617,420191.17% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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

2024CurrentExpense mix: 70.6% mission · 26.3% management · 3.1% fundraisingTotal expenses: 191.17% of revenue

2023Expense mix: 80.7% mission · 17.4% management · 1.9% fundraisingTotal expenses: 132.53% of revenue

2022Expense mix: 82.0% mission · 15.6% management · 2.5% fundraisingTotal expenses: 179.62% of revenue

2021Expense mix: 80.2% mission · 17.2% management · 2.6% fundraisingTotal expenses: 55.55% of revenue

2020Expense mix: 77.3% mission · 18.8% management · 3.9% fundraisingTotal expenses: 111.47% of revenue

2019Expense mix: 80.0% mission · 15.0% management · 5.0% fundraisingTotal expenses: 42.00% of revenue

Money in and money out

Revenue$322,964

Expenses$617,420

Annual shortfall $294,456 Expenses were higher than revenue 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)$435,848 · 70.6% of expenses

Management and office costs$162,583 · 26.3% of expenses

Fundraising$18,989 · 3.1% of expenses

See all reported dollar amounts

Revenue$322,964

Expenses$617,420

Assets$527,876

Income$322,964

Contributions$319,964

Mission work (program services)$435,848

Fundraising$18,989

Management and general$162,583

Accounting fees$10,259

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

MARIEKE SPENCEEXECUTIVE DIRECTOR · 25 hrs/week $79,814

DIANE KULJUDIRECTOR OF IMM & RESEARCH · 20 hrs/week $69,006Base $60,009 · Other $8,997

GARRETT JASODIRECTOR OF COMMUNICATIONS & POLICY · 20 hrs/week $66,925Base $51,241 · Other $15,684

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 (11)

MARIEKE SPENCEEXECUTIVE DIRECTOR

DIANE KULJUDIRECTOR OF IMM & RESEARCH

GARRETT JASODIRECTOR OF COMMUNICATIONS & POLICY

AMY NELSONDIRECTOR

BRIAN TRELSTADCHAIR

CAROLYN FARLEYDIRECTOR

LIZ LUCKETTDIRECTOR

MARK LEWISDIRECTOR

PAUL STRAUBDIRECTOR

ROGER LIEWTREASURER

STONLY BLUEDIRECTOR

About this charity

Recognized since: January 2019
Location: 11 WEST 42ND STREET 2 FL, NEW YORK, NY 10036
County: New York
In care of: MARIEKE SPENCE
Primary officer: MARIEKE SPENCE, EXECUTIVE DIRECTOR

How to reach them

Phone(917) 495-4241

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LUTZ AND CARR CPAS LLP
NTEE classification: Professional Societies & Associations - Education (B03)
IRS tax category: Professional Societies & Associations