AMERICAN FRIENDS OF THE INSTITUTE OF ECONOMIC AFFAIRS
Cite this
Plain text AMERICAN FRIENDS OF THE INSTITUTE OF ECONOMIC AFFAIRS. Strategy Studio, nonprofit organization profile, tax years 2018–2025. https://strategystudio.org/org/320538396. Retrieved 2026-10-20.
APA Strategy Studio. (n.d.). AMERICAN FRIENDS OF THE INSTITUTE OF ECONOMIC AFFAIRS [Nonprofit organization profile; tax years 2018–2025]. Retrieved October 20, 2026, from https://strategystudio.org/org/320538396
MLA “AMERICAN FRIENDS OF THE INSTITUTE OF ECONOMIC AFFAIRS.” Strategy Studio, tax years 2018–2025, https://strategystudio.org/org/320538396. Accessed 20 Oct. 2026.
Retrieved 2026-10-20; covers tax years 2018–2025. Data: Strategy Studio, CC BY 4.0.
2025 · Form 990 · revenue $439K · expenses $441K · assets $1K
- EIN
- 32-0538396
- Address
- 4075 WILSON BLVD STE 310, ARLINGTON, VA 22203-2160
- NTEE code
- B90
- Subsection
- 501(c)(3)
- Ruling year
- 2018
- Cross-check
- ProPublica Nonprofit Explorer
Mission
ECONOMIC AND SOCIAL RESEARCH
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 3 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
3 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Robert Boyd | DIRECTOR | 2018-2025 | 1 | $0 reported | 2 |
| Bradley Lips | PRESIDENT/DIRECTOR | 2018-2025 | 1 | $0 reported | 3 |
| Katherine Price | SECRETARY/TREASURER/DIRECTOR | 2018-2025 | 1 | $0 reported | 2 |
People by year
2025 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT BOYD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BRADLEY LIPS | PRESIDENT/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 3 |
| KATHERINE PRICE | SECRETARY/TREASURER/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
2024 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT BOYD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BRADLEY LIPS | PRESIDENT/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 3 |
| KATHERINE PRICE | SECRETARY/TREASURER/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
2023 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT BOYD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BRADLEY LIPS | PRESIDENT/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 3 |
| KATHERINE PRICE | SECRETARY/TREASURER/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
2022 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT BOYD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BRADLEY LIPS | PRESIDENT/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 3 |
| KATHERINE PRICE | SECRETARY/TREASURER/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
2021 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT BOYD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BRADLEY LIPS | PRESIDENT/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 3 |
| KATHERINE PRICE | SECRETARY/TREASURER/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
2020 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT BOYD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BRADLEY LIPS | PRESIDENT/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 3 |
| KATHERINE PRICE | SECRETARY/TREASURER/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
2019 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT BOYD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BRADLEY LIPS | PRESIDENT/DIRECTOR | 5 | $0 | $0 | $0 | $0 | 3 |
| KATHERINE PRICE | SECRETARY/TREASURER/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
2018 · 3 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT BOYD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BRADLEY LIPS | PRESIDENT/DIRECTOR | 5 | $0 | $0 | $0 | $0 | 3 |
| KATHERINE PRICE | SECRETARY/TREASURER/DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2025 · Form 990 | ||||||||
| $439,496 | $441,101 | $1,495 | $1,495 | $439,496 | $0 | - | 0 | 5 |
| 2024 · Form 990 | ||||||||
| $169,100 | $168,871 | $3,100 | $3,100 | $169,100 | $0 | - | 0 | 5 |
| 2023 · Form 990 | ||||||||
| $485,700 | $492,108 | $2,871 | $2,871 | $485,700 | $0 | - | 0 | 5 |
| 2022 · Form 990 | ||||||||
| $346,360 | $343,077 | $9,279 | $9,279 | $346,360 | $0 | - | 0 | 5 |
| 2021 · Form 990 | ||||||||
| $386,020 | $390,292 | $135,996 | $135,996 | $386,020 | $0 | - | 0 | 5 |
| 2020 · Form 990 | ||||||||
| $406,380 | $267,659 | $140,268 | $140,268 | $406,380 | $0 | - | 0 | 5 |
| 2019 · Form 990 | ||||||||
| $180,000 | $179,482 | $1,547 | $1,547 | $180,000 | $0 | - | 0 | 5 |
| 2018 · Form 990 | ||||||||
| $236,825 | $217,462 | $37,840 | $829 | $236,825 | $0 | - | 0 | 5 |
Funders of this organization
4 grantors reported grants to this organization, $1,401,300 in all, tax years 2010 to 2024. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| DONOR ADVISED CHARITABLE GIVING | DAF sponsor | Exact | 2018-2024 | 7 | $625,300 | 2024 | $187,000 | show |
| NATIONAL PHILANTHROPIC TR | DAF sponsor | Exact | 2018-2022 | 5 | $620,000 | 2022 | $100,000 | show |
| CHASE FOUNDATION OF VIRGINIA | Private foundation | Fuzzy filed as “American Friends of the Institute of Economic Affairs” | 2010-2024 | 15 | $126,000 | 2024 | $6,500 | show |
| ATLAS ECONOMIC RESEARCH FOUNDATION | Public charity | Exact | 2023 | 1 | $30,000 | 2023 | $30,000 | show |
Similar organizations
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| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| THE AFGHAN ACADEMY INC | VA | B90 | $366,513 | $142,764 | Member of the board | $0 | Same NTEE code B90, revenue within 2x, same state |
| BBB NATIONAL PROGRAMS CHARITABLE FOUNDATION | VA | B90 | $465,282 | $1,835,374 | PRESIDENT & CEO | $802,330 | Same NTEE code B90, revenue within 2x, same state |
| CHRISTIAN HERITAGE FOUNDATION INC | VA | B90 | $433,238 | $235,675 | PRESIDENT | $0 | Same NTEE code B90, revenue within 2x, same state |
| RIDGEWAY DISTRICT VOLUNTEER FIRE DEPARTMENT | VA | B90 | $351,635 | $614,552 | President | $0 | Same NTEE code B90, revenue within 2x, same state |
| COLLEGE ORIENTATION WORKSHOP INC | VA | B90 | $546,381 | $294,387 | PRESIDENT/CHAIRMAN | $125,000 | Same NTEE code B90, revenue within 2x, same state |
| BLUEFIELDS ENVIRONMENTAL PROTECTION ASSOCIATION | VA | B90 | $462,992 | $322,810 | VICE-CHAIR | $0 | Same NTEE code B90, revenue within 2x, same state |
| VIRGINIA BEACH FELLOWS INC | VA | B90 | $384,280 | $341,243 | PRESIDENT/CO | $76,175 | Same NTEE code B90, revenue within 2x, same state |
| YOUNG MUSICIANS OF VIRGINIA | VA | B90 | $395,934 | $373,002 | Executive Director | $14,477 | Same NTEE code B90, revenue within 2x, same state |
| CHILDREN OF WAR INC | VA | B90 | $525,049 | $553,358 | PRESIDENT | $69,973 | Same NTEE code B90, revenue within 2x, same state |
| CLOTHESLINE FOR ARLINGTON KIDS | VA | B90 | $561,307 | $527,581 | President and Director | $0 | Same NTEE code B90, revenue within 2x, same state |
| COUNCIL ON LEGAL EDUCATION OPPORTUNITY INC | VA | B90 | $484,512 | $801,359 | FORMER CEO | $166,667 | Same NTEE code B90, revenue within 2x, same state |
| OUR COMMUNITY PLACE | VA | B90 | $367,290 | $390,474 | EXECUTIVE DI | $60,000 | Same NTEE code B90, revenue within 2x, same state |
| READ EARLY AND DAILY R E A D | VA | B90 | $417,801 | $394,625 | Executive Director | $32,565 | Same NTEE code B90, revenue within 2x, same state |
| LOUISA DOWNTOWN DEVELOPMENT CORPORATION | VA | B90 | $419,093 | $416,960 | Secretary | $0 | Same NTEE code B90, revenue within 2x, same state |
| ACCREDITATION COMMISSION FOR MIDWIFERY EDUCATION | VA | B90 | $360,476 | $241,958 | Executive Director | $153,317 | Same NTEE code B90, revenue within 2x, same state |
| ROSIE RIVETERS | VA | B90 | $438,328 | $459,735 | Secretary Executive Director | $100,000 | Same NTEE code B90, revenue within 2x, same state |
| PIANO & MORE | VA | B90 | $397,932 | $380,381 | President | $74,996 | Same NTEE code B90, revenue within 2x, same state |
| AMERICAN FRIENDS OF DARCHEI AVOT | NJ | B90 | $500,400 | $625,508 | PRESIDENT | $0 | Same NTEE code B90, revenue within 2x |
| NABE FOUNDATION OF THE NATIONAL ASSOCIATION FOR BUSINESS ECONOMICS | DC | B90 | $511,185 | $332,452 | EXECUTIVE DIRECTOR | $317,335 | Same NTEE code B90, revenue within 2x |
| FRED T KOREMATSU INSTITUTE | CA | B90 | $402,608 | $475,130 | Executive Director | $92,083 | Same NTEE code B90, revenue within 2x |
| THE TELL INSTITUTE | DE | B90 | $530,000 | $48,793 | PRESIDENT | $0 | Same NTEE code B90, revenue within 2x |
| INSTITUTE FOR DOMESTIC AND INTERNATIONAL AFFAIRS | NJ | B90 | $500,705 | $470,494 | President | $0 | Same NTEE code B90, revenue within 2x |
| THE LEGACY INSTITUTE | WA | B90 | $394,152 | $313,872 | President | $65,000 | Same NTEE code B90, revenue within 2x |
| FRIENDS OF THE MANDARIN SCHOLARS IN THE SMFCSD | CA | B90 | $410,373 | $219,440 | Chairman | $0 | Same NTEE code B90, revenue within 2x |
| ITKAN INSTITUTE OF TECHNOLOGY INC | TX | B90 | $372,805 | $456,567 | FOUNDER & PRESIDENT | $0 | Same NTEE code B90, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2025 · Form 990 · $441,101 spent · pay $0 · grants $437,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $437,000 | $437,000 | - | - | 99.1% | |
| Fees: accounting | $2,471 | $0 | $2,471 | $0 | 0.6% | |
| Fees: legal | $1,220 | $0 | $0 | $1,220 | 0.3% | |
| Other (as described) | BANK FEES | $410 | $0 | $410 | $0 | 0.1% |
| Total | $441,101 | 100% |
2024 · Form 990 · $168,871 spent · pay $0 · grants $159,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $159,000 | $159,000 | - | - | 94.2% | |
| Fees: accounting | $4,887 | $0 | $4,887 | $0 | 2.9% | |
| Fees: legal | $4,430 | $0 | $111 | $4,319 | 2.6% | |
| Other (as described) | BANK FEES | $410 | $0 | $410 | $0 | 0.2% |
| Other (as described) | OTHER EXPENSES | $144 | $0 | $144 | $0 | 0.1% |
| Total | $168,871 | 100% |
2023 · Form 990 · $492,108 spent · pay $0 · grants $488,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $488,000 | $488,000 | - | - | 99.2% | |
| Fees: accounting | $2,231 | $0 | $2,231 | $0 | 0.5% | |
| Other (as described) | OTHER EXPENSES | $1,877 | $0 | $427 | $1,450 | 0.4% |
| Total | $492,108 | 100% |
2022 · Form 990 · $343,077 spent · pay $0 · grants $334,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $334,000 | $334,000 | - | - | 97.4% | |
| Other (as described) | OTHER EXPENSES | $6,113 | $0 | $293 | $5,820 | 1.8% |
| Fees: accounting | $2,964 | $0 | $2,964 | $0 | 0.9% | |
| Total | $343,077 | 100% |
2021 · Form 990 · $390,292 spent · pay $0 · grants $383,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $383,000 | $383,000 | - | - | 98.1% | |
| Other (as described) | OTHER EXPENSES | $5,916 | $0 | $428 | $5,488 | 1.5% |
| Fees: accounting | $1,376 | $0 | $1,376 | $0 | 0.4% | |
| Total | $390,292 | 100% |
2020 · Form 990 · $267,659 spent · pay $0 · grants $260,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $260,000 | $260,000 | - | - | 97.1% | |
| Other (as described) | OTHER EXPENSES | $5,023 | $0 | $340 | $4,683 | 1.9% |
| Fees: accounting | $2,636 | $0 | $2,636 | $0 | 1.0% | |
| Total | $267,659 | 100% |
2019 · Form 990 · $179,482 spent · pay $0 · grants $170,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $170,000 | $170,000 | - | - | 94.7% | |
| Other (as described) | OTHER EXPENSES | $7,481 | $0 | $338 | $7,143 | 4.2% |
| Fees: accounting | $1,260 | $0 | $1,260 | $0 | 0.7% | |
| Fees: legal | $741 | $0 | $741 | $0 | 0.4% | |
| Total | $179,482 | 100% |
2018 · Form 990 · $217,462 spent · pay $0 · grants $209,600 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $209,600 | $209,600 | - | - | 96.4% | |
| Fees: legal | $4,342 | $0 | $4,342 | $0 | 2.0% | |
| Fees: accounting | $2,018 | $0 | $2,018 | $0 | 0.9% | |
| Fees: other services | $1,334 | $0 | $1,334 | $0 | 0.6% | |
| Other (as described) | CSC | $120 | $0 | $120 | $0 | 0.1% |
| Office expenses | $48 | $0 | $48 | $0 | 0.0% | |
| Total | $217,462 | 100% |