Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
59 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
13 people listed on the 990; $69K paid to officers and key staff.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Marieke Spence | $90,186 | $86,983 | $67,008 | $60,320 | $68,519 |
| Diane Kulju | $69,247 | — | — | — | — |
| Garrett Jaso | $54,467 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Advance private capital impact investing through education, data, and best practices.
Questions for Impact Capital Managers INC
Your first name shows with your question. Impact Capital Managers INC answers here, for everyone.
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- organized and administered over 45 events for members, including but not limited to: co-investment calls, monthly peer learning workshops and curated outside speakers series on impact management, covid-response webinars, legal strategies for impact funds, regional impact breakfasts, town halls on racial equity and justice, and MORE.-…
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $39K | $31K |
| Total assetsLn 16 | $144K | $267K |
| LiabilitiesLn 26 | $5K | $25K |
| Net assetsLn 32 | $140K | $242K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $69K | $50K | $12K | $7K |
| Other salaries and wagesLn 7 | $48K | $35K | $8K | $5K |
| Other employee benefitsLn 9 | $4K | $3K | $738 | $403 |
| Payroll taxesLn 10 | $9K | $7K | $2K | $892 |
| Legal feesLn 11b | $10K | $10K | ||
| Accounting feesLn 11c | $16K | $16K | ||
| Other fees for servicesLn 11g | $2K | $2K | ||
| Advertising and promotionLn 12 | $450 | $450 | ||
| Office expensesLn 13 | $314 | $314 | ||
| Information technologyLn 14 | $4K | $891 | $3K | $480 |
| OccupancyLn 16 | $818 | $818 | ||
| TravelLn 17 | $2K | $2K | $4 | |
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $2K | $318 | $1K | |
| Total functional expensesLn 25 | $169K | $99K | $56K | $13K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $734K | $853K | −$119K | $770K | 990 PDF |
| FY2023 | $583K | $394K | $190K | $889K | 990 PDF |
| FY2022 | $491K | $199K | $291K | $699K | 990 PDF |
| FY2021 | $353K | $187K | $166K | $408K | 990 PDF |
| FY2020 Viewing | $271K | $169K | $102K | $242K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $271,010 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, no flags
Part VIII · Statement of revenue $271,010 across 4 lines filed
Part IX · Statement of functional expenses $168,651 across 14 lines filed
Part X · Balance sheet $267,317 assets, 11 lines filed
Part XI · Reconciliation of net assets $242,169 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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