EIN 53-0196577

The Brookings Institution

IRS 501(c) type
501(c)(3)
Num. employees
723
Year formed
1939
Most recent tax filings
2023-06-01
Description
The Brookings Institution conducts nonpartisan research, uniting experts to tackle global policy challenges and provide innovative solutions for sustainable governance.
Total revenues
$89,444,146
2023
Total expenses
$98,831,178
2023
Total assets
$537,645,383
2023
Num. employees
723
2023

Program areas at The Brookings Institution

Economic studies:the economic studies program provides analysis of current and emerging economic issues to inform public policy through innovative and practical policy solutions. Over The past year, economic studies scholars conducted rigorous research and policy analysis in areas including but not limited to sound monetary and fiscal policy, taxation, inclusive socio-economic policy, economic opportunity and mobility, health care and social insurance economics, The efficient working of markets, and climate-resilient growth. The economic studies program disseminated its frequently cited scholarship in published reports, research papers, journals, longer-form books and shorter-form op-eds and blog posts, as well as through events.
Foreign policy:the foreign policy program conducts research, analysis and convening in order to inform public understanding and policy dialogue concerning The most pressing geopolitical and security issues facing The u.s. and The world. In addition to The program regularly hosting events, foreign policy scholars have published a number of reports and books while also making appearances on The pages and airwaves of major news and policy outlets across The political spectrum in The u.s. and around The globe.
Global economy and development:the global economy & development (global) program offers innovative policy solutions and tools to help global, national, and local policymakers build more equitable and sustainable economic systems that deliver prosperity and well-being for all. Global's interdisciplinary team of experts provides thought leadership, cutting-edge research, and innovative solutions that inform policy and international cooperation in thematic areas including harnessing technology for inclusive growth and development; climate policy and action for sustainable inclusive growth and development; global education and skills development; sustainable development and financing for development; and multilateralism and international cooperation. Through this work, global experts hope to inform and facilitate progress toward The sustainable development goals (sdgs), build partnerships in pursuit of inclusive development, and ultimately reduce global poverty and other sources of social stress. Over The past year, global continued to share its findings with audiences through various events, widely read books, reports and op-eds, and interactive tools.
Governance studies:the governance studies program at Brookings is dedicated to analyzing policy issues, political institutions and processes, and contemporary governance challenges. Our scholarship identifies areas in need of reform and proposes specific solutions with The goals of improving The performance of The national government, informing debate, and providing stakeholders with expert analysis and ideas to ensure better institutional governance. In The past year, governance studies experts focused on areas ranging from election processes, to artificial intelligence, to addressing racial justice in areas of law enforcement, voting rights, and access to technology and healthcare. In addition to publishing myriad works of written scholarship over The year, governance studies held a number of events open to The public on these and other timely topics.
Brookings metro:the Brookings metropolitan policy program's (metro) works with local leaders to transform original research insights into policy and practical solutions that scale nationally in support of every community becoming prosperous, just, and resilient - no matter its starting point. Metro produces a number of different types of publications, including blog posts, research briefs, reports, books and interactive data visualizations, and in The past year hosted a number of public events. Through roundtables, meetings, public forums, conferences, workshops, labs and communities of practice, metro also continued to work with networks of experts from different sectors to translate evidence and ideas into tangible solutions that address The unprecedented challenges facing The nation, states and cities alike.
Communications and web:brookings's communications department disseminates information about The Institution, its scholars and research, and The array of resources that Brookings offers. The communications department manages Brookings's primary avenues for distributing its work - The Institution's website (www.brookings.edu), social media channels, other digital components of outreach and education, as well as housing The Brookings Institution press.
Institutional initiatives:includes research initiatives undertaken or supervised by The executive office and cross-program research efforts, such as The artificial intelligence and emerging technologies initiative and The david m. rubenstein fellowship program.the artificial intelligence and emerging technology (aiet) initiative looks to advance good governance of transformative technologies at The global, national, and local levels so that multiple sectors of society can responsibly scale and manage its full effects. The initiative includes several workstreams each designed to track and inform pressing questions at The intersection of technology and policy in near real-time. The rubenstein fellowship is a two-year fellowship that brings a diverse group of rising stars to The Brookings community, strengthening The breadth of our research and perspectives in key areas of policy.
Brookings press:the Brookings Institution press publishes longform public policy research and analysis from Brookings scholars and other experts. The Brookings Institution press publishes books on governance, political science, economics, foreign policy and other fields that are widely discussed in The media, assigned in classrooms, referred to in libraries, and picked up in bookstores-books that inform with clarity and persuade with conviction.

Grants made by The Brookings Institution

GranteeGrant descriptionAmount
Results for Development (R4D)Research Collaboration$1,055,086
Center for Economic InclusionResearch Collaboration$237,652
Economic ArchitectureResearch Collaboration$150,000
...and 15 more grants made

Who funds The Brookings Institution

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hutchins Family FoundationTo Support the Charity's Mission.$2,500,000
Knight FoundationThis Gift Has Been Designated for the Foreign Policy Program.$2,000,000
Schwab Charitable FundPublic, Societal Benefit$1,487,657
...and 159 more grants received totalling $34,187,603

Personnel at The Brookings Institution

NameTitleCompensation
Mitchell WeinSenior Vice President , Finance and Chief Operating Officer$212,835
Catherine A PiezChief Investment Officer$378,972
Andrea RisottoChief Communications Officer$220,989
Ankur BhattVice President and Chief Information Officer$324,411
April McWilliamsVice President and Chief Human Resources Officer$285,511
...and 24 more key personnel

Financials for The Brookings Institution

RevenuesFYE 06/2023
Total grants, contributions, etc.$73,243,242
Program services$919,916
Investment income and dividends$4,479,561
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$9,997,146
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$663,424
Miscellaneous revenues$140,857
Total revenues$89,444,146

Form 990s for The Brookings Institution

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-03990View PDF
2021-062022-04-11990View PDF
2021-062022-03-30990View PDF
2020-062021-05-20990View PDF
...and 12 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 30 new grant, including a grant for $325,000 from Brothers Brook Foundation
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 24, 2024
Updated personnel
Identified 2 new personnel
July 11, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $200,000 from Abby and David Cohen Family Foundation
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsInternational-focused organizationsCharities
Issues
Social sciencesForeign affairsPublic policyVoting rights
Characteristics
Political advocacyOperates donor advised fundsConducts researchOperates internationallyNational levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
1775 Massachusetts Ave NW
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
brookings.edu/ 
Phone
(202) 797-6000
Facebook page
brookings 
Twitter profile
@brookingsinst 
IRS details
EIN
53-0196577
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q20: International Exchanges, Cultural Understanding
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
114913
FTB Entity ID
2373970
AB 488 data last updated ("as-of") date
2024-11-06
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