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INDEPENDENT INSTITUTE

CA · EIN 943008370

14
Executives Disclosed
$6.5M
Annual Revenue
$13.0M
Total Assets
1.4:1
Internal Pay Ratio

INDEPENDENT INSTITUTE has 14 executives with disclosed compensation. The highest-paid executive, Graham H Walker (PRESIDENT), received peak total compensation of $296,289.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Graham H Walker PRESIDENT $296K $296K 2025–2025 4x
Graham Walker PRESIDENT $277K $277K 2019–2024 3.7x
Phil Magness DJT CHAIR $227K $227K 2025–2025 3x
Williamson Evers SENIOR FELLOW AND COEE DIRECTOR $207K $206K 2021–2025 2.8x
Bradley Devos CHIEF OPERATING OFFICER $172K $172K 2025–2025 2.3x
Ivan Eland SENIOR FELLOW AND COPAL DIRECTOR $172K $172K 2017–2025 2.3x
Lawrence McQuillan SENIOR FELLOW AND COEI DIRECTOR $155K $155K 2025–2025 2.1x
Lawrence J McQuillan SENIOR FELLOW $145K $0 2019–2024 1.9x
Jacob Turnrose DIRECTOR OF DEVELOPMENT $135K $0 2024–2025 1.8x
Gabriel Gasave DIRECTOR OF THE CENTER ON GLOBAL PROSPERITY $120K $0 2025–2025 1.6x
Susan Mangels COO & Vice President $119K $0 2017–2017 1.6x
Carla Zuber SENIOR DIRECTOR OF ADVANCE $109K $0 2021–2022 1.5x
Martin Buerger CFO - THRU 10/2020 $106K $0 2017–2021 1.4x
David Theroux PRESIDENT & TREASURER $2K $0 2019–2021 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2017 3 $0 $0 $0
2018 2 $0 $0 $0
2019 5 $0 $0 $0
2020 5 $168K $168K $168K
2021 7 $179K $180K $357K
2022 5 $178K $183K $355K
2023 4 $199K $215K $397K
2024 5 $216K $277K $648K
2025 8 $205K $296K $1.2M
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