Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1993.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
87 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
7 people listed on the 990; $213K paid to officers and key staff.
Elana Matthews’s $91K as Secretary/Ed is at the 83rd percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Elana Matthews | $90,687 | $87,596 | $85,626 | $82,543 | $80,384 |
| Erik Voeten | — | — | — | $60,536 | $58,746 |
| Brett Ashley Leeds | $42,436 | $41,200 | $40,002 | — | — |
| Layna Mosley | $42,436 | $41,200 | $40,002 | — | — |
| Kenneth Schultz | — | — | — | $22,401 | $21,749 |
| Martha Finnemore | — | — | — | $22,401 | $21,749 |
| Kenneth Scheve | — | — | — | $22,401 | $21,749 |
| Peter Rosendorff | $21,251 | $20,600 | $20,001 | — | — |
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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Publishes an academic journal and supports conferences to promote international relations scholarship.
Questions for The Io Foundation
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The io foundation produces the academic journal "international organization- and engages in other educational activities such as supporting academic conferences to raise the visability of, and introduce new scholars to the journal.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $119K | $22K |
| InvestmentsLn 11–13 | $1.3M | $1.4M |
| Total assetsLn 16 | $1.5M | $1.5M |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $1.5M | $1.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $83 | $83 | ||
| Pay of current officers, directors and key staffLn 5 | $206K | $206K | ||
| Accounting feesLn 11c | $6K | $6K | ||
| Other fees for servicesLn 11g | $64K | $64K | ||
| Office expensesLn 13 | $1K | $1K | ||
| Conferences, conventions and meetingsLn 19 | $23K | $23K | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $11K | $11K | ||
| Total functional expensesLn 25 | $311K | $270K | $42K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $296K | $304K | −$8K | $1.9M | 990 PDF |
| FY2024 | $397K | $313K | $84K | $1.7M | 990 PDF |
| FY2023 Viewing | $186K | $311K | −$126K | $1.5M | 990 PDF |
| FY2022 | $323K | $246K | $77K | $1.5M | 990 PDF |
| FY2021 | $427K | $350K | $77K | $1.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $185,529 revenue, 12 lines filed
Part VI · Governance 36 of 36 board members independent, 3 to look at
Part VIII · Statement of revenue $185,529 across 7 lines filed
Part IX · Statement of functional expenses $311,165 across 8 lines filed
Part X · Balance sheet $1,499,698 assets, 8 lines filed
Part XI · Reconciliation of net assets $1,499,698 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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