Financials

Highlights from the 2024–2025 Fiscal Year

ISI sustained and strengthened educational programs throughout 2025.

The Intercollegiate Studies Institute (ISI) is a 501(c)(3) charitable organization governed by an independent board of trustees. ISI relies on the private financial support of the general public—individuals, foundations, and corporations—for its income and does not accept government funding. This webpage showcases ISI’s expenses, on an accrual basis, for the 2024–2025 fiscal year, from July 1 – June 30. Full audited financials are available at the links below.

The generosity of ISI’s donors fuels every dimension of its work. Support arrives through a wide array of giving vehicles—donor-advised funds, IRA charitable gifts, planned giving commitments, and membership in our exclusive giving club, the 1953 Society. This broad and diverse philanthropic base empowers ISI to invest in programs that shape the next generation of principled leaders.

In fiscal year 2025, ISI reported total expenses of $9.5 million. The largest share—49.47%—was dedicated to educational programs for undergraduate students. These programs include on-campus lectures, debates, campus publications, ISI Forums, and other outlets that bring conservative ideas to students nationwide. Supporting services accounted for 26.32% of expenses, providing the operational strength to sustain and scale our work.

Alumni programming accounted for 10.47%, allocated to alumni engagement and events. Marketing efforts, at 7.49%, expanded ISI’s reach to new audiences. Finally, ISI’s publications wing—including Modern Age Journal and ISI’s book imprint—accounted for 4.08% of expenses.

Every dollar entrusted to ISI advances our mission to educate for liberty by reaching, teaching, and launching the next generation of conservative leaders. ISI continues to expand with mission-oriented initiatives that remain accountable to the supporters who make this work possible.