Why do some institutions last for centuries while others collapse within a decade?

It's not luck. It's architecture.

Why Architecture, Not Management

Most institutional failures aren't caused by bad people or poor decisions. They're caused by structural misalignment—capital that operates on different timescales than the missions it serves.

We study why some institutions last for centuries while others collapse within decades. The difference is architecture.

Recent News

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Jan 2026

Analysis: From Living Within a Lie to Architectural Truth

IRSA released a deep dive analysis of Mark Carney's Davos 2026 address on legitimacy rupture in global institutions—examining how the rules-based order has become performative and how middle powers can re-architect cooperation without pretending.

Jan 2026

Board Observer, State Library Victoria

Roshan Ghadamian, Principal Researcher at IRSA, commenced a board observership role with State Library Victoria—Australia's oldest public library and one of the largest in the Southern Hemisphere—as part of the Observership Program.

Jan 2026

Institutional Operating Architecture (IOA) formalised

IRSA formalised the Institutional Operating Architecture framework, identifying the missing institutional layer between governance and risk—governing participation, learning, commitment, and escalation across time.

The Core Insight

The Mismatch That Breaks Institutions

Funding cycles are 10–100× shorter than mission cycles. This structural gap is why good organizations fail.

Funding Cycles

1–7 years

Budget cycles
1 year
Grant cycles
3 years
Election cycles
4 years
Market cycles
5-7 years

Mission Cycles

25–100+ years

Education pipelines
25 years
Climate adaptation
50 years
Infrastructure
75 years
Ecosystem restoration
100+ years

Every time a funding cycle ends, institutions face potential collapse. Our research addresses this structural fragility.

See How It All Connects

27 papers across 5 domains, building from foundations to applications.

Regenerative Capital Theory
Perpetual Social Capital
Alignment Capital
Unified Catalytic Capital

Explore the research canon →

Key Insights

What our research reveals

Core findings from our work on institutional architecture, capital design, and governance systems.

Mission Drift

Impact funds don't fail spectacularly—they erode gradually through small compromises that seem reasonable in isolation.

SF

Semantic Finance

IRSA Institute

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Capital Theory

Regenerative capital is a fourth class—alongside debt, equity, and grants—designed to compound purpose, not just returns.

RCT

Regenerative Capital Theory

IRSA Institute

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Temporal Mismatch

Funding cycles are 10–100× shorter than mission cycles. This structural gap is why good organizations fail.

RCA

Regenerative Cycle Architecture

IRSA Institute

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Multi-Level Access

Engage at Your Level

Serious research made accessible. Start wherever makes sense.

For Organizations Ready to Try Something Different

We apply these frameworks with partners—testing what works, building proof points together. If standard approaches haven't worked, let's talk.