A compressive imaging spectropolarimeter is proposed in this paper, capable of simultaneously acquiring full polarization, spatial and spectral information of the object scene. The spectral and polarization information is modulated through a combination of high-order retarders, a dispersion prism and a polarizer filter wheel. Using a random coded aperture, compressive sensing is applied to eliminate the channel crosstalk and resolution limitation of traditional channeled spectropolarimeters. The forward sensing model and inverse problem are developed. Computer simulation results are reported, followed by experimental demonstrations.