Nonprofit · EIN 04-2688165
INSTITUTE ON TAXATION AND ECONOMIC POLICY
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $8,490,036 | $4,822,380 | $3,667,656 | $9,251,024 | $1,906,380 | $7,344,644 |
| December 31, 2024 | 990 | $3,966,909 | $3,954,281 | $12,628 | $5,001,937 | $1,434,896 | $3,567,041 |
| December 31, 2023 | 990 | $2,635,519 | $3,630,121 | -$994,602 | $4,926,104 | $1,371,691 | $3,554,413 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,199,374
- Program service revenue
- $237,386
- Investment income
- $53,276
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $738,410
- Other salaries and wages
- $2,607,257
- Salaries, compensation and benefits (total)
- $4,284,555
- Professional fundraising fees
- $0
- Legal fees
- $8,910
- Accounting fees
- $29,975
- Occupancy
- $147,158
- Travel
- $34,506
- Program services (functional)
- $4,262,559
- Management and general (functional)
- $311,937
- Fundraising (functional)
- $247,884
Balance sheet and other
- Total assets, start of year
- $5,001,937
- Total assets, end of year
- $9,251,024
- Total liabilities, end of year
- $1,906,380
- Net assets, end of year
- $7,344,644
- Net assets without donor restrictions
- $1,480,756
- Net assets with donor restrictions
- $5,863,888
- Gross receipts
- $8,490,036
- Employees
- 29
- Volunteers
- 16
- Year formed
- 1979
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMY HANAUER | EXECUTIVE DIRECTOR Officer | 35 | $219,286 | $87,929 |
| STEVE WAMHOFF | FEDERAL POLICY DIRECTOR Key employee | 35 | $162,948 | $57,295 |
| MICHAEL ETTLINGER | SENIOR FELLOW Highest-paid employee | 26.3 | $158,984 | $58,994 |
| NICHOLAS JOHNSON | SENIOR FELLOW Highest-paid employee | 29.6 | $161,200 | $56,120 |
| JON WHITEN | DEPUTY DIRECTOR Key employee | 35 | $163,593 | $47,359 |
| CARL DAVIS | RESEARCH DIRECTOR Highest-paid employee | 35 | $143,885 | $62,389 |
| MATTHEW GARDNER | SENIOR FELLOW Highest-paid employee | 35 | $149,230 | $50,923 |
| ERIKA FRANKEL | DATA AND MODEL DIRECTOR Highest-paid employee | 35 | $139,515 | $42,952 |
| WHITNEY JEMISON | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| DARIEN SHANSKE | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| SARAH PRAY | BOARD GOVERNANCE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| JASON BAILEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOAN ENTMACHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL MAZEROV | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CONNIE RAZZA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC RODRIGUEZ | DIRECTOR Trustee or director | 0.5 | $0 |
| NICOLE RODRIGUEZ | DIRECTOR Trustee or director | 0.5 | $0 |
| ERIN SCHARFF | DIRECTOR Trustee or director | 0.5 | $0 |
| AMBER WALLIN | DIRECTOR Trustee or director | 0.5 | $0 |
| ERICA WILLIAMS | DIRECTOR Trustee or director | 0.5 | $0 |
| LIZ WATSON | DIRECTOR (FROM DEC 25) Trustee or director | 0.5 | $0 |
| VANESSA WILLIAMSON | DIRECTOR (FROM DEC 25) Trustee or director | 0.5 | $0 |
| NAOMI WALKER | DIRECTOR (THRU DEC 25) Trustee or director | 0.5 | $0 |
| CYNTHIA CONNOLLY | DIRECTOR (THRU DEC 25) Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMY HANAUER | EXECUTIVE DIRECTOR Officer | 35 | $218,555 | $65,906 |
| JON WHITEN | DEPUTY DIRECTOR Key employee | 35 | $157,301 | $55,231 |
| MICHAEL ETTLINGER | SENIOR FELLOW Highest-paid employee | 35 | $145,887 | $54,539 |
| STEVE WAMHOFF | FEDERAL POLICY DIRECTOR Key employee | 35 | $154,548 | $44,631 |
| MATTHEW GARDNER | SENIOR FELLOW Highest-paid employee | 35 | $144,884 | $36,513 |
| CARL DAVIS | RESEARCH DIRECTOR Highest-paid employee | 35 | $132,087 | $47,136 |
| ERIKA FRANKEL | DATA AND MODEL DIRECTOR Highest-paid employee | 35 | $132,871 | $29,299 |
| AIDAN DAVIS | STATE POLICY DIRECTOR Highest-paid employee | 35 | $139,570 | $14,054 |
| NAOMI WALKER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HENRY COLEMAN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DARIAN SHANSKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARAH PRAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED JAYNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NICOLE RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOAN ENTMACHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RENEE FRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYNTHIA CONNOLLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CONNIE RAZZA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WHITNEY TUCKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMY HANAUER | EXECUTIVE DIRECTOR Officer | 39.2 | $217,579 | $67,205 |
| JON WHITEN | COMMUNICATIONS DIRECTOR Highest-paid employee | 40 | $149,100 | $52,094 |
| STEVE WAMHOFF | FEDERAL POLICY DIRECTOR Key employee | 40 | $152,852 | $42,425 |
| MICHAEL ETTLINGER | SENIOR FELLOW Highest-paid employee | 40 | $130,071 | $50,088 |
| CARL DAVIS | RESEARCH DIRECTOR Highest-paid employee | 40 | $129,895 | $46,509 |
| MATTHEW GARDNER | SENIOR FELLOW Highest-paid employee | 40 | $139,984 | $34,608 |
| AIDAN DAVIS | SENIOR POLICY ANALYST Highest-paid employee | 40 | $133,650 | $13,559 |
| NAOMI WALKER | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| HENRY COLEMAN | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| MARIE-FRANCES RIVERA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ELAINE MEJIA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ED JAYNE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NICK JOHNSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOAN ENTMACHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RENEE FRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CYNTHIA CONNOLLY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CONNIE RAZZA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ERIC RODRIGUEZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| WHITNEY TUCKER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1301 CONNECTICUT AVENUE NW SUITE 22, WASHINGTON, DC 20036-1815
- Principal officer (990 for 2025)
- AMY HANAUER, 1301 CONNECTICUT AVENUE NW 220, WASHINGTON, DC 20036
- Signed the 990
- AMY HANAUER, EXECUTIVE DIRECTOR
- Phone
- (202) 299-1066
- Website
- ITEP.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
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. ITEP'S 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.
Program accomplishments
- ITEP CONDUCTS RESEARCH AND ANALYSIS OF FEDERAL, STATE AND LOCAL TAX PROPOSALS. ITEP USES A MICROSIMULATION MODEL THAT CONTAINS THE BEST AND MOST UP-TO-DATE INFORMATION ON TAX INCIDENCE BY INCOME, RACE, ETHNICITY AND PLACE. ITEP WORKS CLOSELY WITH PARTNERS NATIONWIDE TO UNDERSTAND THE DISTRIBUTIONAL IMPLICATIONS OF TAX PROPOSALS AND MAKE RECOMMENDATIONS ABOUT HOW TO RAISE MORE REVENUE AND BRING ABOUT MORE DISTRIBUTIONAL EQUITY THROUGH THE TAX CODE. IN 2025, ITEP RELEASED 150 REPORT, TRACKED NEARLY 8,000 MEDIA MENTIONS, SAW 3 MILLION VIEWS TO OUR WEBSITE, AND ASSISTED PARTNERS IN NEARLY EVERY STATE WITH MODELING ON IMPLICATIONS OF TAX PROPOSALS OR WITH RESEARCH ON STATE TAX POLICY.Expenses $4,262,559 · revenue $237,386
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2688165
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W00F)
- Assets (IRS master file)
- $9,251,024
- Income (IRS master file)
- $8,490,036
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $8,490,036 | $4,822,380 | $9,251,024 | XML |
| 990 | December 2024 | $3,966,909 | $3,954,281 | $5,001,937 | IRS |
| 990 | December 2023 | $2,635,519 | $3,630,121 | $4,926,104 | XML |
| 990 | December 2022 | $5,613,646 | $3,010,966 | $6,080,421 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2688165).
Questions about INSTITUTE ON TAXATION AND ECONOMIC POLICY
- What is the EIN of INSTITUTE ON TAXATION AND ECONOMIC POLICY?
- The employer identification number (EIN) of INSTITUTE ON TAXATION AND ECONOMIC POLICY is 04-2688165.
- Is INSTITUTE ON TAXATION AND ECONOMIC POLICY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to INSTITUTE ON TAXATION AND ECONOMIC POLICY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE ON TAXATION AND ECONOMIC POLICY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE ON TAXATION AND ECONOMIC POLICY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE ON TAXATION AND ECONOMIC POLICY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INSTITUTE ON TAXATION AND ECONOMIC POLICY?
- The 990 for the year ended December 31, 2025 names AMY HANAUER.
- Who are the officers and directors of INSTITUTE ON TAXATION AND ECONOMIC POLICY?
- The 990 for the year ended December 31, 2025 lists 24 people; 8 received compensation from the organization, the highest $219,286 (AMY HANAUER, EXECUTIVE DIRECTOR).
- How much revenue does INSTITUTE ON TAXATION AND ECONOMIC POLICY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $8,490,036, expenses of $4,822,380 and total assets of $9,251,024 at year end.
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