OPEN MARKETS INSTITUTE

EIN: 822529375 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$3,770,652
Total Expenses
$3,780,779
Total Assets
$3,055,057
Net Assets
$2,875,572
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
DC
Principal Officer
BARRY C LYNN
Phone
2027011606
Tax Period
2023-01-01 to 2023-12-31

OPEN MARKETS INSTITUTE, founded in 2017, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2023.

Mission

THE OPEN MARKETS INSTITUTE WORKS TO HELP PEOPLE RELEARN HOW TO USE COMPETITION POLICY TO BUILD STRONGER DEMOCRACIES, MORE JUST AND EQUITABLE SOCIETIES, MORE INNOVATIVE AND SUSTAINABLE ECONOMIES, AND A MORE SECURE AND PEACEFUL WORLD.

Program Service Accomplishments

Program 1
Expenses: $475,520

INTERNATIONAL SYSTEMS - PUBLIC POLICIES THAT AFFECT THE TERMS OF TRADE WITH OTHER NATIONS, INCLUDING TARIFFS, HAVE PROFOUND EFFECTS ON THE STRUCTURE OF MARKETS, RANGING FROM UNWARRANTED PROTECTION...

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INTERNATIONAL SYSTEMS - PUBLIC POLICIES THAT AFFECT THE TERMS OF TRADE WITH OTHER NATIONS, INCLUDING TARIFFS, HAVE PROFOUND EFFECTS ON THE STRUCTURE OF MARKETS, RANGING FROM UNWARRANTED PROTECTION FOR DOMESTIC MONOPOLIES TO THE PROMOTION OF TRANSNATIONAL TRADING COMPANIES THAT EXPLOIT LABOR, EVADE ENVIRONMENTAL STANDARDS, AND CREATE DANGEROUSLY OVEREXTENDED SUPPLY CHANNELS. AT THE SAME TIME TRADE POLICY PLAYS AN IMPORTANT ROLE IN STRENGTHENING OR WEAKENING AMERICA'S GEOPOLITICAL POSITION IN THE WORLD, MAKING TRADE, COMPETITION POLICY, AND NATIONAL SECURITY INTRINSICALLY LINKED.

Program 2
Expenses: $935,476

TECHNOLOGY AND DEMOCRACY - SINCE OUR LAUNCH AS AN INDEPENDENT ORGANIZATION, THE OPEN MARKETS TEAM HAS FOCUSED ON SOUNDING THE ALARM ON THE MONOPOLISTIC PRACTICES AND HARMS OF FACEBOOK, GOOGLE, AND...

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TECHNOLOGY AND DEMOCRACY - SINCE OUR LAUNCH AS AN INDEPENDENT ORGANIZATION, THE OPEN MARKETS TEAM HAS FOCUSED ON SOUNDING THE ALARM ON THE MONOPOLISTIC PRACTICES AND HARMS OF FACEBOOK, GOOGLE, AND AMAZON. WE ARE EXCITED TO SEE THAT THIS IS NOW A PART OF THE NATIONAL DEBATE AND THE MOMENTUM FOR ACTION. WHILE WE CONTINUE TO FOCUS OUR EFFORTS ON ENSURING STRUCTURAL REMEDIES ARE APPLIED TO THE HARMS OF THESE PLATFORM MONOPOLIES, WE PLAN TO SIGNIFICANTLY EXPAND OUR WORK ON TECHNOLOGY AND POWER BEYOND THE THREE BIG PLATFORMS. THE MISSION OF THE TECHNOLOGY & POWER PROGRAM IS TO ENSURE THAT NEW TECHNOLOGIES ALWAYS SERVE THE INTEREST OF THE PUBLIC AS A WHOLE AND CANNOT BE USED TO CONCENTRATE DANGEROUS DEGREES OF POWER AND CONTROL OVER THE ACTIONS OR THOUGHTS OF INDIVIDUALS, GROUPS, OR ENTIRE SOCIETIES.

Program 3
Expenses: $736,404

COMPETITION LAW AND PHILOSOPHY - OPEN MARKETS SEEKS TO ACCELERATE SHAPING THE DIRECTION OF THE LAW THROUGH RESEARCH AND THE FILING OF AMICUS BRIEFS AND COMMENT LETTERS AND PETITIONS TO FEDERAL...

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COMPETITION LAW AND PHILOSOPHY - OPEN MARKETS SEEKS TO ACCELERATE SHAPING THE DIRECTION OF THE LAW THROUGH RESEARCH AND THE FILING OF AMICUS BRIEFS AND COMMENT LETTERS AND PETITIONS TO FEDERAL AGENCIES IN ANTITRUST CASES AND OTHER COMPETITION POLICY MATTERS. THIS WORK HAS ALREADY HAD INFLUENCE. WE HAVE ALSO SEEN CONSIDERABLE SUCCESS IN DRIVING ACTION THROUGH OUR STATE ATTORNEYS GENERAL PROGRAM AS SEEN IN THE TWO MAJOR INVESTIGATIONS ANNOUNCED INTO GOOGLE AND FACEBOOK. IN ADDITION, WE HAVE ALSO WORKED WITH STATE OFFICES ON ISSUES RELATED TO AGRICULTURE, LABOR, AND HEALTHCARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,770,652
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,770,652

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,676,331
Fundraising Expenses $259,531
Program Expenses $2,907,555
Other Expenses $1,006,948
TOTAL EXPENSES $3,780,779

Year-over-Year Comparison

2023 2022 Change
Revenue $3,770,652 $3,953,730 0.0%
Expenses $3,780,779 $2,942,179 +0.3%
Net Income $-10,127 $1,011,551 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
22
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$223,541
Total Directors
7
$223,541
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY LYNN EXECUTIVE DIRECTOR 40.00
Officer Director
$179,954 $43,587 $223,541
CHRISTY HOFFMAN DIRECTOR 1.00
Director
$0 $0 $0
MARCELLUS ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
JOE MAXWELL DIRECTOR 1.00
Director
$0 $0 $0
LAURA QUINN DIRECTOR 1.00
Director
$0 $0 $0
RANA FOROOHAR DIRECTOR 1.00
Director
$0 $0 $0
DEEPAK GUPTA DIRECTOR 1.00
Director
$0 $0 $0
PHILLIP J LONGMAN POLICY DIRECTOR 40.00
Highest
$177,492 $42,782 $220,274
SANDEEP VAHEESAN LEGAL DIRECTOR 40.00
Highest
$169,189 $18,098 $187,287
ASHLEY WHOOLHEATER COMMUNICATION DIRECTOR 40.00
Highest
$142,435 $18,595 $161,030
BRIAN CALLACI CHIEF ECONOMIST 40.00
Highest
$133,221 $22,232 $155,453
ANITA JAIN EDITORIAL DIRECTOR 40.00
Highest
$138,115 $55,281 $193,396
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,770,652 $3,780,779 $3,055,057 $-10,127
2022 $3,953,730 $2,942,179 $3,088,747 $1,011,551
2021 $2,746,577 $2,909,288 $2,043,462 $-162,711
2020 $2,592,622 $4,018,923 $2,078,995 $-1,426,301
2019 $5,040,782 $2,721,771 $3,537,197 $2,319,011
2018 $1,617,677 $654,698 $1,206,583 $962,979
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