Add the beans to a fine mesh strainer and give them a quick rinse. Transfer the beans to the Instant Pot.
Add the remaining ingredients into the Instant Pot and cover with the lid. Set the pressure to High and cook for 30 minutes. Allow pressure to naturally release for 20 minutes.
Remove the lid and give the beans a stir. There should still be some liquid in there so they're somewhat "soupy". Drain liquid if desired (but I love that juice!). Add lime juice and cilantro if desired.
Enjoy with your favorite meal! Beans can be refrigerated for 4 days and frozen for up to 6 months.
Video
Notes
If you just want simple Instant Pot Black Beans, leave out all the spices and just use the salt, broth and water!