Nonprofit · EIN 61-1567972
SOCIETY FOR ECONOMIC DYNAMICS
Tax-exempt · MINNEAPOLIS, MN 55401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $253,058 | $291,228 | -$38,170 | $534,978 | $0 | $534,978 |
| December 31, 2024 | 990 | $389,928 | $231,551 | $158,377 | $522,406 | $0 | $522,406 |
| December 31, 2023 | 990 | $171,722 | $298,712 | -$126,990 | $340,318 | $0 | $340,318 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $242,008
- Investment income
- $11,050
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $645
- Travel
- $4,637
- Program services (functional)
- $288,943
- Management and general (functional)
- $2,285
Balance sheet and other
- Total assets, start of year
- $522,406
- Total assets, end of year
- $534,978
- Total liabilities, end of year
- $0
- Net assets, end of year
- $534,978
- Publicly traded securities
- $436,884
- Net assets without donor restrictions
- $534,978
- Gross receipts
- $253,058
- Employees
- 0
- Year formed
- 2008
- State of legal domicile
- MN
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 |
|---|---|---|---|
| Juan Pablo Nicolini | President Officer | 1 | $0 |
| Todd Schoellman | Treasurer Officer | 1 | $0 |
| Paulina Restrepo-Echeavarria | Secretary Officer | 1 | $0 |
| Boyan Jovanovic | Director Officer | 1 | $0 |
| David Levine | Director Officer | 1 | $0 |
| Ellen McGrattan | Director Officer | 1 | $0 |
| Timothy Kehoe | Director Officer | 1 | $0 |
| Thomas Sargent | Director Officer | 1 | $0 |
| Richard Rogerson | Director Officer | 1 | $0 |
| Ramon Marimon | Director Officer | 1 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Juan Pablo Nicolini | President Officer | 1 | $0 |
| Todd Schoellman | Treasurer Officer | 1 | $0 |
| Paulina Restrepo-Echavarria | Treasurer Officer | 1 | $0 |
| David Levine | Director Officer | 1 | $0 |
| Boyan Jovanovic | Director Officer | 1 | $0 |
| Ellen McGrattan | Director Officer | 1 | $0 |
| Timothy Kehoe | Director Officer | 1 | $0 |
| Richard Rogerson | Director Officer | 1 | $0 |
| Ramon Marimon | Director Officer | 1 | $0 |
| Thomas Sargent | Director Officer | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Juan Pablo Nicolini | President-Elect Officer | 1 | $0 |
| Ellen McGrattan | President Officer | 1 | $0 |
| Todd Schoellman | Treasurer Officer | 1 | $0 |
| Paulina Restrepo-Echavarria | Secretary Officer | 1 | $0 |
| David Levine | Director Officer | 1 | $0 |
| Boyan Jovanovic | Director Officer | 1 | $0 |
| Richard Rogerson | Director Officer | 1 | $0 |
| Thomas Sargent | Director Officer | 1 | $0 |
| Timothy Kehoe | Director Officer | 1 | $0 |
| Ramon Marimon | Director Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 90 HENNEPIN AVE, MINNEAPOLIS, MN 55401-1804
- In care of
- % ELLEN MCGRATTAN
- Principal officer (990 for 2025)
- Todd Schoellman, 4801 Thomas Ave S, Minneapolis, MN 55410
- Signed the 990
- Todd Kurtis Schoellman, Treasurer
Mission
The particular mission of the Society for Economic Dynamics is to encourage and support economic research by issuing publications on economic subjects and by hosting conferences to disseminate new ideas in Economics. The Society will take no partisan attitude.
Program accomplishments
- We hosted our annual summer conference for approximately 500 participants in Copenhagen, Denmark in June 2025.
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
- 61-1567972
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V20)
- Assets (IRS master file)
- $534,978
- Income (IRS master file)
- $253,058
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $253,058 | $291,228 | $534,978 | XML |
| 990 | December 2024 | $389,928 | $231,551 | $522,406 | XML |
| 990 | December 2023 | $171,722 | $298,712 | $340,318 | XML |
| 990 | December 2022 | $150,109 | $80,671 | $434,045 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 61-1567972).
Questions about SOCIETY FOR ECONOMIC DYNAMICS
- What is the EIN of SOCIETY FOR ECONOMIC DYNAMICS?
- The employer identification number (EIN) of SOCIETY FOR ECONOMIC DYNAMICS is 61-1567972.
- Is SOCIETY FOR ECONOMIC DYNAMICS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to SOCIETY FOR ECONOMIC DYNAMICS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOCIETY FOR ECONOMIC DYNAMICS 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 SOCIETY FOR ECONOMIC DYNAMICS 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 SOCIETY FOR ECONOMIC DYNAMICS 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 SOCIETY FOR ECONOMIC DYNAMICS?
- The 990 for the year ended December 31, 2025 names Todd Schoellman.
- Who are the officers and directors of SOCIETY FOR ECONOMIC DYNAMICS?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does SOCIETY FOR ECONOMIC DYNAMICS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $253,058, expenses of $291,228 and total assets of $534,978 at year end.
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