New York Independent System Operator Inc
10 Krey Blvd, Rensselaer, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $274,786,972 | $274,786,972 | $0 |
| FY2024 | $255,290,133 | $255,290,133 | $0 |
| FY2023 | $230,448,968 | $230,448,968 | $0 |
| FY2022 | $213,525,939 | $213,525,939 | $0 |
| FY2021 | $195,505,613 | $195,505,613 | $0 |
| FY2020 | $198,696,118 | $198,696,118 | $0 |
| FY2019 | $182,270,329 | $182,270,329 | $0 |
| FY2018 | $182,585,237 | $182,585,237 | $0 |
| FY2017 | $180,208,333 | $180,208,333 | $0 |
| FY2016 | $175,440,149 | $175,440,149 | $0 |
| FY2015 | $174,746,679 | $174,746,679 | $0 |
| FY2014 | $174,316,941 | $174,316,941 | $0 |
| FY2013 | $159,812,354 | $159,812,354 | $0 |
| FY2012 | $163,482,970 | $163,482,970 | $0 |
Form 990 filings
The returns filed by New York Independent System Operator Inc (EIN 14-1815612), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $267,997,449 | 98% |
| Other revenue | $6,789,523 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $206,853,554 | 75% |
| Management & general | $67,933,418 | 25% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2025.
- Program services accounted for 75% of functional expenses, management & general 25%, and fundraising 0%.
- 75% of functional expenses went to program services in FY2025. That is higher than 25.9% of 185 Public & Societal Benefit organizations nationwide (too few in NY for a state comparison).
- Net assets covered about 0 months of expenses at the end of the reporting year. That puts it in the 7th percentile among 418 Public & Societal Benefit organizations in NY.
- Total revenue was the highest among 431 Public & Societal Benefit organizations in NY.
- Total revenue rose from $163,482,970 in FY2012 to $274,786,972 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Contributions and grants made up 10% of revenue in FY2012 and 0% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE NYISO'S MISSION IS TO ENSURE POWER SYSTEM RELIABILITY AND COMPETITIVE MARKETS FOR NEW YORK IN A CLEAN ENERGY FUTURE. NYISO'S VISION IS WORKING TOGETHER WITH STAKEHOLDERS TO BUILD THE CLEANEST, MOST RELIABLE ELECTRIC SYSTEM IN THE NATION.
IRS status
| Ruling year | 2000 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | W800 — Public & Societal Benefit (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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