irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $1.15MCITY JOURNAL - QUARTERLY MAGAZINE DEVOTED TO IDENTIFYING PRACTICAL SOLUTIONS TO SOCIAL AND ECONOMIC PROBLEMS IN THE INNER CITIES; APPROXIMATELY 7,500 DISTRIBUTED COPIES PER QUARTER.
- #2 $477KCONFERENCES AND SEMINARS - THE SEMINARS & CONFERENCES PROGRAM HOSTS PUBLIC, EDUCATIONAL FORUMS AND LECTURES ON TOPICS RELATED TO THE INSTITUTE'S POLICY RESEARCH AREAS.
named programs · 4 · from sources
What they call their work
Adam Smith Society
Builds a network of future business leaders committed to advancing free-market economic principles.
City Journal
Quarterly magazine focused on practical solutions to urban social and economic problems, distributed to approximately 7,500 readers per quarter.
Conferences and Seminars
Hosts public educational forums and lectures on policy research topics including economics, education, and urban affairs.
Research & Publications
Supports and publishes scholarly work by institute-affiliated researchers across policy domains, including housing, crime, and education.
activities · 4 groups
What they do
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Leadership & Policy Dialogue Forums 1 activity
- Hosting public conferences and seminarsHosts public conferences and seminars that serve as educational forums and lectures on topics related to the institute's policy research areas.
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Professional Association Capacity Building 1 activity
- Operating the Adam Smith SocietyOperates the Adam Smith Society to build a network of future business leaders committed to preserving and strengthening the free-market economic system.
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Nonprofit Investigative & Community Journalism 1 activity
- Publication and distribution of City JournalProduces and distributes City Journal, a quarterly magazine focused on practical solutions to social and economic problems in inner cities, with approximately 7,500 copies distributed per quarter.
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General Support for Policy Research Organizations 1 activity
- Support and coordination of policy researchSupports and publishes research by Manhattan Institute scholars not affiliated with other policy centers and coordinates scholarly work across the institute’s policy centers.
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financials · form 990 · fy2024
revenue
Total revenue$5.93M
Contributions & grants$5.71M96%
Program service revenue$29K0%
Investment income$164K3%
Other revenue$20K
expenses
Total expenses$6.28M
Program expenses83%
Admin / overhead12%
Fundraising5%
Salaries & benefits$4.13M
Grants paid out$9K
Largest expense lineCompensation
balance sheet
Total assets$43.43M
Cash$14.23M
Investments$15.91M
Liabilities$10.20M
Net assets$33.23M
Liquid reserves57.6 mo
6 years on record · 2019–2024 · YoY revenue -76.8%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 14
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| REIHAN SALAM | PRESIDENT | 40 | $836K |
| JASON RILEY | SENIOR FELLOW | 40 | $453K |
| BRIAN CHARLES ANDERSON | EDITOR, CITY JOURNAL | 40 | $380K |
| HEATHER MAC DONALD | THOMAS W SMITH FELLOW | 40 | $317K |
| CHRISTOPHER RUFO | SENIOR FELLOW | 40 | $316K |
| BENJAMIN MCDOWELL BIRNEY | VP, ADMIN / GENERAL COUNSEL | 40 | $314K |
| JESSICA RIEDL | SENIOR FELLOW | 40 | $310K |
| BRANDON FULLER | VP, RESEARCH & POLICY | 40 | $310K |
| ANDREW LAW | VP, DEVELOPMENT | 40 | $305K |
| DOUG KRUSE | EXECUTIVE VICE PRESIDENT | 40 | $288K |
| JUDGE GLOCK | DIRECTOR, RESEARCH, SENIOR FELLOW | 40 | $288K |
| MICHELE LEE JACOB | VP, STRATEGY & COMMUNICATIONS | 40 | $231K |
| JESSE ARM | EX DIR, EXT AFFAIRS / CHIEF OF STAFF | 40 | $201K |
| ILANA GOLANT | EXECUTIVE VICE PRESIDENT | 40 | $36K |
board members · 11
- ANN J CHARTERS — VICE CHAIR
- ANTHONY P COLES — TRUSTEE
- BETSY DEVOS — TRUSTEE
- FLEUR HARLAN — TRUSTEE
- FRANCIS BLAKE — TRUSTEE
- HARVEY GOLUB — TRUSTEE
- JAY H NEWMAN — TRUSTEE
- JAY LEFKOWITZ — TRUSTEE
- JOHN PAULSON — TRUSTEE
- JOSEPH KRISTOL — TRUSTEE
- KATHRYN S WYLDE — TRUSTEE
relationships · 1
Who they work with
- Adam Smith Society Partner — Program operated by the Manhattan Institute to network future business leaders around free-market principles.
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Leadership Network Developmentmethodology: leadership_network_developmentBy cultivating relationships with emerging business leaders, we expand long-term support for free-market principles, because early ideological alignment fosters enduring influence in economic and policy spheres.
- Publication-Driven Policy Outreachmethodology: publication-driven_policy_outreachBy producing and disseminating research publications, we influence policy decisions on urban social and economic challenges, because evidence-based solutions gain traction when strategically distributed to decision-makers.