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Organizations The Independent Institute

The Independent Institute

Fiscal year ending 2025. Filed on November 5, 2025.

100 Swan Way
Oakland, California 94621

The Independent Institute (EIN: 94-3008370) has filed an IRS Form 990 between fiscal years 2017 and 2025. In its fiscal year 2025 IRS Form 990 filing, The Independent Institute, a 501(c)(3) charitable organization, reported compensation for 8 out of 33 total employees. Among the employees shown here, the average compensation is $185,431. The highest compensated employee at The Independent Institute is Graham H Walker with fiscal year 2025 compensation of $296,289.

Revenue, expenses, and employee compensation

Revenue

$6,514,941

Expenses

$6,603,018

Employee compensation

$3,434,649
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Graham H Walker
President
$296,289
$281,510 No related comp$14,779
Phil Magness
DJT Chair
$226,837
$219,415 No related comp$7,422
Williamson Evers
Senior Fellow and COEE Director
$206,160
$189,925 No related comp$16,235
Bradley Devos
Chief Operating Officer
$172,385
$172,385 No related compNo other comp
Ivan Eland
Senior Fellow and Copal Director
$171,666
$155,670 No related comp$15,996
Lawrence McQuillan
Senior Fellow and COEI Director
$154,658
$138,094 No related comp$16,564
Jacob Turnrose
Development Director
$135,335
$134,480 No related comp$855
Gabriel Gasave
Director of the Center on Global Prosperity
$120,119
$110,412 No related comp$9,707

Benchmark Employee Compensation

Non-Employee Board Members

David J Teece
Director
John B Estill
Director
John Hagel III
Director
Mary L G Theroux
Chair and Chief Executive Officer
Michael S Cassling
Director
Sally S Harris
Director
Sarah A O'Dowd
Director
Susan Solinsky
Director

Contractors

Awareness Analytics Partners LLC
Data Analytics
$308,203
Four Star Printing & Mailing
Printing and Mailing
$186,481
Collective Impact Network LLC
Consulting
$180,000
Stephen Phalbrook
Honorarium
$175,000
Alethes Media Group LLC Dba Spence Media
Digital Media
$160,200

Mission Statement

ESTABLISHED IN THE ENTREPRENEURIAL SPIRIT OF ITS HOME IN SILICON VALLEY, THE NON-PROFIT, NON-PARTISAN INDEPENDENT INSTITUTE EMPLOYS INNOVATIVE THINKING TO BOLDLY ADVANCE PEACEFUL, PROSPEROUS, AND FREE SOCIETIES GROUNDED IN A COMMITMENT TO HUMAN WORTH AND DIGNITY.

Revisions to this organization profile

November 5, 2025:
2025 The Independent Institute 990 filed
May 15, 2024:
2023 The Independent Institute 990 filed
May 8, 2023:
2022 The Independent Institute 990 filed

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