- Exempt under
- 501(c)(3)[1]
- IRS ruling date
- March 1940[2]
- Publication 78 data
- Listed (PC)[3]
- Total revenue, period ending Jun 2025
- $115,659,701[4]
Brookings Institution is listed in IRS records in Washington, District of Columbia[5]. The IRS lists it as exempt under section 501(c)(3)[1]. For the tax period ending June 2025, the IRS master file lists total revenue of $115,659,701[4].
IRS status
The IRS lists Brookings Institution as exempt under section 501(c)(3), classification: Educational Organization[1]. Its IRS foundation code is 15: Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)[6]. It appears in Publication 78 data with status code PC (A public charity, deductibility limitation 50% (60% for cash contributions))[3]. The IRS classifies it under NTEE code V220: Social Science, Economics[7].
| Item | IRS record |
|---|---|
| EIN[5] | 53-0196577 |
| Location in IRS records[5] | Washington, District of Columbia |
| Exempt under[1] | Section 501(c)(3) |
| IRS classification[1] | Educational Organization |
| Ruling date[2] | March 1940 |
| Foundation code[6] | 15: Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
| Deductibility code[8] | 1: Contributions are deductible |
| Publication 78 data[3] | Listed, status PC |
| NTEE code[7] | V220: Social Science, Economics |
| Filing requirement[9] | 990 (all other) or 990EZ return |
| Fiscal year ends[10] | June |
| Latest e-filed return[11] | Form 990, tax period ending June 2025 |
Finances as reported to the IRS
On its Form 990 for the tax period ending June 2023, Brookings Institution reported total revenue of $89,444,146[12]. Contributions, gifts and grants were $73,243,242 and investment income was $4,479,561[13]. Total expenses were $98,831,178 and net assets at year end were $472,993,012[12]. Its Form 990 for the tax period ending June 2022 reported total revenue of $119,341,951[14], which is higher than the $89,444,146 on its Form 990 for the tax period ending June 2023[12]. Its Form 990 for the tax period ending June 2021 reported total revenue of $67,901,806[15].
IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending June 2025, the IRS lists total revenue of $115,659,701 and total assets of $571,797,924.[4]
- Total revenue
- Total expenses
| Tax period ending | Form | Total revenue | Total expenses | Net assets at year end |
|---|---|---|---|---|
| June 2021[15] | Form 990 | $67,901,806 | $85,684,378 | $507,135,002 |
| June 2022[14] | Form 990 | $119,341,951 | $87,855,233 | $466,476,079 |
| June 2023[12] | Form 990 | $89,444,146 | $98,831,178 | $472,993,012 |
Totals as reported on each return. The IRS publishes these extracts one to two years after filing.
Balance sheet, tax period ending June 2023
| Line | Amount |
|---|---|
| Total assets[16] | $537,645,383 |
| Total liabilities[16] | $64,652,371 |
| Net assets or fund balances[16] | $472,993,012 |
Employees. Brookings Institution reported 723 employees on Form W-3 for calendar year ending with or within the tax period ending June 2023 (Form 990, Part V, line 2a).[17]
Compensation over $100,000. On the Form 990 for the tax period ending June 2023, Brookings Institution reported 195 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2).[18]
Questions people ask
- What is the EIN of Brookings Institution?
- The IRS Exempt Organizations Business Master File lists its employer identification number as 53-0196577[5].
- Is Brookings Institution a 501(c)(3) organization?
- Yes, the IRS lists it as exempt under section 501(c)(3), classification: Educational Organization[1].
- Are contributions to Brookings Institution tax-deductible?
- The IRS deductibility code is 1: Contributions are deductible[8]. It appears in Publication 78 data with status code PC[3].
- Where is Brookings Institution located?
- The IRS master file lists it in Washington, District of Columbia[5].
Facts and sources
- The IRS lists Brookings Institution as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Educational Organization. IRS EO Business Master File
- The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is March 1940. IRS EO Business Master File
- Brookings Institution (EIN 53-0196577) appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PC (A public charity, deductibility limitation 50% (60% for cash contributions)). IRS Tax Exempt Organization Search data
- For the most recent return in the IRS master file, for the tax period ending June 2025, the IRS lists total revenue of $115,659,701 and total assets of $571,797,924. IRS EO Business Master File
- The IRS Exempt Organizations Business Master File lists Brookings Institution with employer identification number (EIN) 53-0196577, located in Washington, District of Columbia. IRS EO Business Master File
- IRS foundation code 15 for Brookings Institution: Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi). IRS EO Business Master File
- The IRS master file assigns Brookings Institution the National Taxonomy of Exempt Entities (NTEE) code V220: Social Science, Economics. IRS EO Business Master File
- IRS deductibility code 1 for Brookings Institution: Contributions are deductible. IRS EO Business Master File
- IRS filing requirement code 01 for Brookings Institution: 990 (all other) or 990EZ return. IRS EO Business Master File
- Brookings Institution's accounting period (fiscal year) ends in June, according to the IRS master file. IRS EO Business Master File
- The IRS Form 990 series e-file data released in 2026 includes a Form 990 from Brookings Institution for the tax period ending June 2025. IRS Form 990 e-file data
- On its Form 990 for the tax period ending June 2023, Brookings Institution reported total revenue $89,444,146, total expenses $98,831,178, net assets or fund balances at year end $472,993,012. IRS SOI Form 990 extracts
- Revenue lines on the Form 990 for the tax period ending June 2023: contributions, gifts and grants $73,243,242 (Part VIII, line 1h); program service revenue $919,916 (Part VIII, line 2g); investment income $4,479,561 (Part VIII, line 3); total revenue $89,444,146 (Part VIII, line 12). IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending June 2022, Brookings Institution reported total revenue $119,341,951, total expenses $87,855,233, net assets or fund balances at year end $466,476,079. IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending June 2021, Brookings Institution reported total revenue $67,901,806, total expenses $85,684,378, net assets or fund balances at year end $507,135,002. IRS SOI Form 990 extracts
- Balance sheet at the end of the tax period ending June 2023 (Form 990, Part X): total assets $537,645,383, total liabilities $64,652,371, net assets or fund balances $472,993,012. IRS SOI Form 990 extracts
- Brookings Institution reported 723 employees on Form W-3 for calendar year ending with or within the tax period ending June 2023 (Form 990, Part V, line 2a). IRS SOI Form 990 extracts
- On the Form 990 for the tax period ending June 2023, Brookings Institution reported 195 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2). IRS SOI Form 990 extracts