THE JAMES MADISON INSTITUTE FOR PUBLIC POLICY STUDIES INC

TALLAHASSEE, FL, 32301-7725 (850) 386-3131 Est. 1987 EIN 59-2811908

Form 990 501(c)(3)

Mission

THE MISSION OF THE JAMES MADISON INSTITUTE IS TO INFORM THE CITIZENS OF FLORIDA ABOUT THEIR GOVERNMENT AND TO ENSURE THE FUTURE OF THE STATE BY ADVANCING FREE-MARKET IDEAS PERTAINING TO THE ISSUES OF PUBLIC POLICY.

Financials

Total Revenue

$3,094,814

Total Expenses

$2,915,498

Net Assets

$1,610,082

16 employees 10 volunteers

From latest filing (tax period ending 2024-10-31)

Financial Health

Operating Reserve

6.6 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 12.6%

Expenses ↑ 5.6%

Revenue Sources

Contributions 100.5%

Expense Breakdown

Program 70.8% Management 11.8% Fundraising 17.4%

Officers & Key Employees (11)

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Grants Received (67)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$3,094,814 ↑	$2,915,498	$1,610,082
2022 Form 990	$2,749,626 ↑	$2,759,756	$1,290,654
2021 Form 990	$2,096,424 ↓	$2,122,852	$1,305,028
2020 Form 990	$2,379,199 ↑	$1,856,472	$1,386,771
2019 Form 990	$1,736,885 ↑	$1,714,388	$748,162
2018 Form 990	$1,515,885	$1,611,575	$454,726