The Imagine Institute
The Imagine Institute reported $16.8 million in revenue and $10.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.79 went to program services, $10.21 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.4% of the total. The highest compensation it reported for one person was $204,630 (Chief Executive Officer). 1 person received more than $100,000 in reportable compensation. Revenue rose 150% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.8% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.2% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.4% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $204,630 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.89% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 1 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 15.9 | 6.9 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseIMAGINE U:Imagine U is a relationship-based mentorship program designed to increase the number of licensed family child care providers who can care for children in Washington State. Imagine U pairs experienced and talented licensed child care providers with those interested in becoming licensed, and offers both the mentor and intern support to help them grow professionally. As interns progress through the program, they complete assignments such as cost benefit analyses, budgets, program policies and practice licensing visits while also working 20 hours per month in their mentor's child care…
TRAINING AND INCENTIVES:The Imagine Institute provides free training early childhood educators who serve low-income children throughout Washington State. Our training is developed in conjunction with early childhood educators to ensure it is meaningful and responsive to the field. The Imagine Institute created an innovative program to develop early childhood educators as state-approved trainers representing some of the first early childhood educators delivering STARS training (continuing education) to their peers in this state. Our trainers represent their communities speaking English…
WASHINGTON STATE EARLY CARE AND EDUCATION SUBSTITUTE POOL:Since its inception, the WA State ECE Substitute Pool has distributed millions of dollars in substitute relief funding to hundreds of licensed family childcare and childcare centers throughout Washington State. As part of administering the substitute pool, the Imagine Institute provides training and orientation to community members so that they can become approved to work as a substitute, increasing the number of ECE workers in Washington State. The Imagine Institute also provides technical assistance to both substitutes and providers…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Chief Executive Officer Director/trustee, officer, 40.00 hrs/week | $174,168 | $0 | $30,462 | $204,630 |
| Board Member Director/trustee, 1.00 hrs/week | $43,495 | $0 | $0 | $43,495 |
| Board Member Director/trustee, 1.00 hrs/week | $16,615 | $0 | $0 | $16,615 |
| Board Member Director/trustee, 1.00 hrs/week | $4,590 | $0 | $0 | $4,590 |
1 people received more than $100,000 in reportable compensation from The Imagine Institute (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 540
Correct a figure or respond
Every number above is copied from The Imagine Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Imagine Institute, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Imagine Institute spent in FY2025, $89.79 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of The Imagine Institute's spending goes to programs?
In the fiscal year ending June 30, 2025, The Imagine Institute reported that 89.8% of its $10.8 million in expenses went to program services, 10.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Imagine Institute pay its top executive?
The largest total compensation The Imagine Institute reported for one person in the fiscal year ending June 30, 2025 was $204,630, for the role of Chief Executive Officer (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Imagine Institute get its money?
Of $16.8 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 99.4% from program service revenue (Form 990, Part VIII).
Is The Imagine Institute a registered charity?
The IRS lists EIN 81-2316926 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349305938 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349303665 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349309093 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349312523 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349314380 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131309349301528 · read the filing
All filings for EIN 81-2316926: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.