EIN 46-4440917

Modern Markets Initiative

IRS 501(c) type
501(c)(4)
Num. employees
3
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
Z99: Unknown
Description
Modern Markets Initiative's mission is to demonstrate the benefits of algorithmic or quantitative trading in today's modern markets. It focuses on promoting and distributing informational material, drafting op-eds, studies, and reports on the topic. The organization has successfully established relationships with key influencers in media, industry, regulatory, and legislative circles.
Total revenues
$696,000
2023
Total expenses
$917,390
2023
Total assets
$803,916
2023
Num. employees
3
2023

Program areas at Modern Markets Initiative

The organization successfully established relationships with key influencers in media, industry and regulatory, and legislative circles. It played a pivotal role in promoting and distributing informational material, drafting op-eds, studies, and reports on market structure, technology innovation, and role of hft in the savings community. Mmi leaders spoke at industry events, advisory board events, and directly with the savings community, pension funds, other trade associations, institutional investors, and nonprofits. It added content to its website and promoted it through various social media channels such as linkedin and twitter.

Grants made by Modern Markets Initiative

GranteeGrant descriptionAmount
New York University (NYU)General Support$10,000

Personnel at Modern Markets Initiative

NameTitleCompensation
Kirsten WegnerChief Executive Officer$530,000
Carmen BenitezTreasurer$0
Mark HansenPast Treasurer$0

Financials for Modern Markets Initiative

RevenuesFYE 12/2023
Total grants, contributions, etc.$696,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$696,000

Form 990s for Modern Markets Initiative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-03990View PDF
2022-122023-11-13990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-06-25990View PDF
...and 5 more Form 990s

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Data update history
March 27, 2024
Used new vendors
Identified 1 new vendor, including
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 2 new personnel
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
No nonprofit types found
Issues
No issues found
Characteristics
Memberships
General information
Address
700 K St NW Suite 300
Washington, DC 20001
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
modernmarketsinitiative.org/ 
Phone
(646) 448-5182
IRS details
EIN
46-4440917
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Z99: Z99
Parent/child status
Independent
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