2025-09-03T10:51:29-05:00 2024-12-31 473535842 DAVIS FARR LLP 18201 VON KARMAN AVE SUITE 1100 IRVINE CA 92612 990 2024-10-01 222570926 THE AYN RAND INSTITUTE THE CENTER FOR THE ADVANCEMENT OF OBJECTIVISM AYNR 9492226550 6 HUTTON CENTRE DRIVE 600 SANTA ANA CA 92707 TAL TSFANY PRESIDENT & CEO 9492226550 2025-09-01 1 1 TRITIA FOSTER P02164134 9494742020 2024 2025-03-06 01:10:19Z TAL TSFANY 6 HUTTON CENTRE DRIVE 600 SANTA ANA CA 92707 31097442 0 X WWW.AYNRAND.ORG X 1984 CA UNDERSTANDING OF AYN RAND'S WORKS AND TO FIND AND TRAIN THE NEW INTELLECTUALS TO TEACH HER PHILOSOPHY OF OBJECTIVISM. 8 4 51 0 0 0 31003704 24775574 868987 153813 160976 187704 103583 4017 32137250 25121108 473981 93894 0 0 5710507 1345906 0 0 168759 4379199 1142534 10563687 2582334 21573563 22538774 54001600 73471338 4148329 3571450 49853271 69899888 X TO FOSTER A GROWING AWARENESS, UNDERSTANDING AND ACCEPTANCE OF AYN RAND'S REVOLUTIONARY PHILOSOPHY, OBJECTIVISM, IN ORDER TO CREATE A CULTURE WHOSE GUIDING PRINCIPLES ARE REASON, RATIONAL SELF-INTEREST, AND LAISSEZ-FAIRE CAPITALISM, A CULTURE IN WHICH INDIVIDUALS ARE FREE TO PURSUE THEIR OWN HAPPINESS. 0 0 893586 73020 27075 OUTREACH PROGRAMS: WE POSTED SCORES OF NEW VIDEOS TO OUR YOUTUBE CHANNEL, WITH SIGNIFICANT GROWTH IN SUBSCRIBERS AND VIEWS. AMONG THE NEW VIDEOS WERE LECTURES, INTERVIEWS, AND PODCASTS ON TOPICS RANGING FROM HISTORY AND PHILOSOPHY TO CULTURAL ISSUES AND FOREIGN AFFAIRS. OUR CHANNEL SHOWCASED RARE AND LESSER-KNOWN AYN RAND AUDIO-VIDEO MATERIALS.FOUR MAJOR CONFERENCES WERE HELD: ARCON-EUROPE, WHICH WAS HELD IN MARCH 2024 IN AMSTERDAM, NETHERLANDS, ARCON USA HELD IN MARCH 2024 IN AUSTIN, TEXAS, ARCON LATIN AMERICA, WHICH WAS HELD IN APRIL 2024 IN BUENOS AIRES, ARGENTINA AND THE OBJECTIVIST CONFERENCE IN JUNE 2024 IN ANAHEIM, CALIFORNIA, WHICH BROUGHT HUNDREDS OF ATTENDEES TOGETHER FROM ALL OVER THE WORLD. IN FY2024, ARI CONTINUED ITS GLOBAL OUTREACH EXPANSION IN EUROPE, LATIN AMERICA, ASIA, THE MIDDLE EAST, AND AUSTRALIA. ARI ALSO SENT SPEAKERS TO ADDRESS STUDENTS AND GENERAL AUDIENCES ALL OVER THE WORLD. 1144253 20874 125185 EDUCATIONAL PROGRAMS:IN FY2024, WE FOCUSED ON GROWING OUR FREE BOOKS TO STUDENTS PROGRAM, ACHIEVING CONTINUED EXPONENTIAL GROWTH. THOUGH WE PAUSED OUTBOUND MARKETING FOR OUR BOOKS FOR TEACHERS PROGRAM, DEMAND STAYED HEALTHY, AND THOUSANDS OF TEACHERS CONTINUED TO COME TO US TO ORDER COPIES OF RAND'S LITERATURE. ESSAY CONTESTS CONTINUED THEIR STRONG PERFORMANCE, WHILE STUDENTS HAD NEW OPPORTUNITIES TO PARTICIPATE IN LIVE ONLINE DISCUSSIONS WITH OUR EXPERT FACULTY. AS ALWAYS, IN-PERSON CONFERENCES WERE A CULMINATING EXPERIENCE FOR MANY OF THE STUDENTS WHO INTERACT WITH OUR PROGRAMS.ARU, OUR PROGRAM OF ONLINE COURSES FOCUSED ON OBJECTIVISM AND ITS PHILOSOPHICAL APPLICATIONS, CONTINUED TO SERVE A GROWING STUDENT COMMUNITY WHILE EXPANDING AND DIVERSIFYING ITS EDUCATIONAL OFFERINGS. FINANCIAL ASSISTANCE REMAINED AVAILABLE TO ELIGIBLE PARTICIPANTS, OFFSETTING SOME OR ALL THEIR PROGRAM COST.THE ARU GRADUATE CENTER, OUR ADVANCED TRAINING PROGRAM, CONTINUED TO OFFER INSTRUCTION TO COMMITTED STUDENTS, AS WELL AS CAREER GUIDANCE, MENTORING, AND FINANCIAL ASSISTANCE. THIS CENTER IS DEDICATED TO HIGH-POTENTIAL INDIVIDUALS AIMING TOWARD AN INTELLECTUAL CAREER.NEW IDEAL, WHICH IS ARI'S JOURNAL, PUBLISHED DOZENS OF ARTICLES AND PODCASTS IN FY2024, APPLYING OBJECTIVISM TO EXPLAIN MAJOR ISSUES IN THE CULTURE AND PROMOTING THE INSTITUTE'S OTHER WORK. THE WEEKLY PODCASTS ON SOCIAL MEDIA FEATURE OUR INTELLECTUAL TEAM AND JUNIOR FELLOWS, COMMENTING ON THE IDEAS OF AYN RAND AND THEIR APPLICATION TO IMPORTANT ISSUES OF TODAY. ARI ALSO PUBLISHED FOUR BOOKS OF PHILOSOPHIC WRITINGS BY OUR SCHOLARS.SEVERAL NEW COURSES WERE ADDED TO THE CATALOG OF ON-DEMAND CONTENT IN FY2024. ARI'S RECORDED COURSE VIDEOS RECEIVED THOUSANDS OF HOURS OF VIEWS ACROSS ALL PLATFORMS: WEBSITE, ARU MOBILE APP, AND YOUTUBE. 186375 1553 OTHER: THE AYN RAND ARCHIVES CONTINUED TO ENHANCE THE PROTECTION OF ARI'S PHYSICAL ARCHIVAL MATERIALS AND INVESTED FURTHER IN DIGITAL PLATFORMS FOR MANAGING OUR COLLECTIONS. IN ADDITION TO PUBLISHING ESSAYS AND HOSTING ONLINE EVENTS FEATURING ARCHIVAL MATERIALS, WE PRODUCED TWO EXHIBITS: AN ONLINE EXHIBIT, "AYN RAND: IN FILM AND ON STAGE," FEATURING ORIGINAL MATERIALS ALONG WITH COMMENTARY FROM OUR ARCHIVES TEAM, AND A COMPANION PHYSICAL EXHIBIT AT OCON 2024.THE ARI ESTORE (ESTORE.AYNRAND.ORG) CONTINUED TO SELL BOOKS AND RECORDINGS ON OBJECTIVISM AND RELATED TOPICS. IN FY2024, THE ESTORE SOLD HUNDREDS OF BOOKS, DIGITAL COURSES, AND LECTURES TO OUR CUSTOMERS.ARI HAS RECEIVED THE HIGHEST 4-STAR RATING WITH CHARITY NAVIGATOR, POSITIONING ARI AMONG THE MOST-TRUSTED NONPROFITS IN THE COUNTRY. 2224214 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 72 0 51 1 0 0 0 0 0 0 0 0 0 0 X 8 4 0 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CA X X TAL TSFANY 9492226550 6 HUTTON CENTRE DRIVE SUITE 600 SANTA ANA CA 92707 JOHN ALLISON MEMBER 2.00 X 0 0 0 LARRY SALZMAN MEMBER 2.00 X 0 0 0 ROBERT MAYHEW MEMBER 2.00 X 0 0 0 TARA SMITH MEMBER 2.00 X 14365 0 0 LOREN CORLE MEMBER 2.00 X 0 0 0 TAL TSFANY PRESIDENT & CEO, BOARD MEM 45.00 2.00 X X 855638 0 3798 ONKAR GHATE CHIEF PHIL. OFFICER 45.00 X X 223000 0 2591 YARON BROOK CHAIRMAN OF THE BOARD 5.00 2.00 X X 218852 0 0 GERALDINE YUMPING CONTROLLER 45.00 2.00 X 161755 0 2493 CARLA SILK CHIEF OPERATING OFFICER 45.00 X 249184 0 1933 KEITH LOCKITCH VP OF ED. & SR. FELLOW 45.00 X 151112 0 3059 ELAN JOURNO VP OF CONTENT & SR. FELLOW 45.00 X 181553 0 2057 DONALD WATKINS VICE PRESIDENT OF MARKETIN 45.00 X 152557 0 1695 BENJAMIN BAYER DIRECTOR OF CONTENT 45.00 X 106630 0 1860 AARON FRIED SENIOR DIRECTOR OF GROWTH 45.00 X 142306 0 1545 JEFFREY P SCIALABBA DIRECTOR OF ARU OPERATIONS 45.00 2.00 X 112845 0 1944 2569797 0 22975 11 0 1 0 KB BPG GRIFFIN TOWERS PO BOX 32354 LAS VEGAS NV 89009 BUILDING LEASE 103590 1 24775574 200277 24775574 TUITION INCOME 611710 125185 125185 CONFERENCE 611710 27075 27075 BOOK 611710 1553 1553 153813 171506 171506 4002 4002 5992532 5976334 16198 16198 16198 MISCELLANEOUS INCOME 611710 15 15 15 25121108 170026 0 175508 X 5000 5000 88894 88894 165000 99467 11782 53751 169347 167654 1693 817788 752759 15562 49467 25143 21453 1444 2246 92738 79127 5325 8286 75890 64751 4358 6781 32986 3209 26995 2782 9000 7683 516 801 634964 557979 68327 8658 52171 44539 2989 4643 59578 54513 1549 3516 5662 5662 98948 71593 21498 5857 78995 55658 15920 7417 31201 30747 374 80 10040 9975 24 41 10288 8784 588 916 BOOKS 59869 58799 2 1068 OUTREACH 26312 18020 3672 4620 OTHER 20341 16407 1369 2565 TAXES, LICENSES, FEES 9611 276 4071 5264 2568 1265 1303 2582334 2224214 189361 168759 35946 4753638 11360544 22536097 14165066 17858177 13877 13796 5000000 5000000 157570 157570 123739 139483 2241019 1527319 720284 713700 4349 11995 22420225 22286882 54001600 73471338 1319426 717345 303711 328913 2525192 2525192 4148329 3571450 X 26556353 46602970 23296918 23296918 49853271 69899888 54001600 73471338 X 22538774 43064 -2535221 X 0 0 0 X 16652850 17283939 14527711 31003704 24775574 104243778 16652850 17283939 14527711 31003704 24775574 104243778 25508947 78734831 3217 184523 124436 336913 175508 824597 311939 476427 98273 102893 15 989547 106057922 2639019 0.74240 0.72840 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EMPLOYEE RETENTION CREDIT - 2020 AMOUNT: $ 311,939. 2021 AMOUNT: $ 476,427. 2022 AMOUNT: $ 98,273. 2023 AMOUNT: $ 15,083. REFUNDS/REIMBURSMENTS - 2023 AMOUNT: $ 87,810. MISCELLANEOUS - 2024 AMOUNT: $ 15. PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION CHANGED ITS FISCAL YEAR END TO A CALENDAR YEAR ENDING OF DECEMBER 31, 2025. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 171567 113202 58365 88680 77364 11316 1980772 1336753 644019 713700 457(B) PARTICIPANT INTEREST IN ACCOUNTS 701406 BENEFICIAL INTEREST IN INSURANCE 51243 DEPOSITS AND OTHER ASSETS 16040 ARI RESERVE FUND 16868333 POOLED INCOME BOND FUND 219059 CHARITY GIFT ANNUITY 111895 RESERVE TRUST NON-RESTRICTED 1183794 RESERVE TRUST RESTRICTED 85231 INVESTMENT IN DST 2981471 COHEN TRUST 68410 22286882 457(B) PARTICIPANT INTEREST 701406 GIFT ANNUITY OBLIGATION 1328419 OPERATING LEASE LIABILITIES 495367 2525192 PART III, LINE 1A: THE INSTITUTE HAS COLLECTIONS THAT ARE HOUSED IN THE AYN RAND ARCHIVES, A SPECIAL COLLECTION OF THE AYN RAND INSTITUTE, WHICH INCLUDE AYN RAND PAPERS AS WELL AS OTHER ARTIFACTS OF HISTORICAL SIGNIFICANCE AND WORKS OF ARTS. IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, THESE ITEMS ARE NOT CAPITALIZED ON THE FINANCIAL STATEMENTS. PART III, LINE 4: THE AYN RAND ARCHIVES CONSIST OF TWO MAJOR HOLDINGS: THE AYN RAND PAPERS AND THE SPECIAL COLLECTIONS. THE AYN RAND PAPERS COMPRISES THE PERSONAL PAPERS AND EFFECTS LEFT BY AYN RAND AT HER DEATH IN 1982. THIS COLLECTION INCLUDES MANUSCRIPTS, NOTES AND OUTLINES, BUSINESS AND PERSONAL CORRESPONDENCE, PHILOSOPHIC JOURNALS, RESEARCH FILES, MARGINALIA, CLIPPINGS, PHOTOGRAPHS, CALENDARS, ADDRESS BOOKS, PHONOGRAPH RECORDS, MEMORABILIA, AND RECORDED INTERVIEWS AND SPEECHES. ALSO INCLUDED IS MICROFILM OF THE AYN RAND PAPERS AT THE LIBRARY OF CONGRESS. THESE PAPERS ARE DRAFTS, TYPESCRIPTS AND GALLEYS OF HER NOVELLA, ANTHEM, AND HER THREE NOVELS, WE THE LIVING, THE FOUNTAINHEAD, AND ATLAS SHRUGGED, PLUS SOME ADMINISTRATIVE MATERIAL. THE SPECIAL COLLECTIONS IS AN ONGOING COLLECTION OF AYN RAND-RELATED MATERIAL ACQUIRED SINCE HER DEATH. IT INCLUDES RECORDINGS OF AYN RAND'S RADIO PROGRAMS, LECTURES AND INTERVIEWS, ORAL HISTORY INTERVIEWS, RUSSIAN ACADEMIC AND LEGAL DOCUMENTS, TRANSLATIONS OF HER WORK, BIOGRAPHICAL AND PHILOSOPHICAL ARTICLES ABOUT AYN RAND, REVIEWS AND PRESS MENTIONS, SCREENPLAYS, CORRESPONDENCE, OBJECTIVIST PERIODICALS, AND MATERIALS FROM OBJECTIVIST ORGANIZATIONS. THE MISSION OF THE AYN RAND ARCHIVES IS TO ACQUIRE, PRESERVE AND MAKE AVAILABLE AYN RAND'S REMAINING PAPERS AND RELATED DOCUMENTS TO SERIOUS SCHOLARS AND GENERAL WRITERS. BY ACQUIRING HOLDINGS, CONDUCTING RESEARCH AND PROVIDING ACCESS, THE ARCHIVES PRESERVES AND MAKES AVAILABLE THE PHYSICAL EVIDENCE OF AYN RAND'S ACHIEVEMENT AND INFLUENCE. 0 0 0 0 0 0 0 0 0 0 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, TO PROVIDE LOCAL OUTREACH THROUGH SPEAKING EVENTS, FREE BOOKS AND ESSAY CONTESTS, STUDENT CLUBS 45120 WIRE 0 SOUTH AMERICA TO PROVIDE LOCAL OUTREACH THROUGH SPEAKING EVENTS, FREE BOOKS AND ESSAY CONTESTS, STUDENT CLUBS 22500 WIRE 0 EAST ASIA AND THE PACIFIC LOCAL OUTREACH THROUGH SPEAKING EVENTS AND MEETUPS 5400 WIRE 0 SCHOLARSHIP EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 19 13748 WIRE SCHOLARSHIP SOUTH ASIA 2 1769 WIRE 0 0 0 0 0 0 PART I, LINE 2: PROCEDURES VARY DEPENDING ON THE TYPE OF GRANT. SCHOLARSHIP AND ESSAY CONTEST PRIZES DO NOT REQUIRE MONITORING, AS THERE ARE NO ONGOING CONDITIONS AFTER THE SCHOLARSHIP/PRIZE IS AWARDED. 1 STUDY GRANTS 1 5000 PART I, LINE 2: PROCEDURES VARY DEPENDING ON THE TYPE OF GRANT. SCHOLARSHIPS AND ESSAY CONTEST PRIZES DO NOT REQUIRE MONITORING, AS THERE ARE NO ONGOING CONDITIONS AFTER THE SCHOLARSHIP/PRIZE IS AWARDED. LONG-TERM GRANTS SUCH AS STUDY GRANTS ARE REVIEWED AT LEAST ANNUALLY, DEPENDING ON THE GRANT TERMS. GRANTEES ARE REQUIRED TO SUBMIT REGULAR PROGRESS REPORTS, TYPICALLY ON A QUARTERLY BASIS. X X X 0 0 0 0 0 0 0 0 0 TAL TSFANY PRESIDENT & CEO, BOARD MEM 405638 0 450000 0 0 0 0 0 3798 0 859436 0 0 0 CARLA SILK CHIEF OPERATING OFFICER 219184 0 30000 0 0 0 0 0 1933 0 251117 0 0 0 ONKAR GHATE CHIEF PHIL. OFFICER 193000 0 30000 0 0 0 0 0 2591 0 225591 0 0 0 YARON BROOK CHAIRMAN OF THE BOARD 218852 0 0 0 0 0 0 0 0 0 218852 0 0 0 ELAN JOURNO VP OF CONTENT & SR. FELLOW 151553 0 30000 0 0 0 0 0 2057 0 183610 0 0 0 GERALDINE YUMPING CONTROLLER 141755 0 20000 0 0 0 438 0 2055 0 164248 0 0 0 DONALD WATKINS VICE PRESIDENT OF MARKETIN 137557 0 15000 0 0 0 0 0 1695 0 154252 0 0 0 KEITH LOCKITCH VP OF ED. & SR. FELLOW 136112 0 15000 0 0 0 750 0 2309 0 154171 0 0 0 YARON BROOK CHAIRMAN OF THE BOD 84102 SPEAKING AND TEACHING ENGAGEMENTS 0 X 20 200277 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED TO CHANGE THE FISCAL YEAR OF THIS CORPORATION TO JANUARY 1 TO DECEMBER 31, EFFECTIVE FOR YEAR ENDING DECEMBER 31, 2025. FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF THE 990 IS PROVIDED TO EACH MEMBER OF THE BOARD BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. WE COMPLETE A REVIEW OF THE PRIOR YEAR RETURN FOR SIGNIFICANT CHANGES AND REVIEW OUR FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER & DIRECTOR ANNUALLY SIGNS AN ACKNOWLEDGMENT STATING THAT THEY HAVE READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. GOVERNANCE COMMITTEE HAS A REVIEW PROCEDURE FOR BUSINESS DEALINGS AMONG BOARD MEMBERS AND OFFICERS. FORM 990, PART VI, SECTION B, LINE 15A FOR THE EXECUTIVE DIRECTOR, THE BOARD DETERMINES THE SALARY, CONSIDERING FACTORS SUCH AS SALARY SURVEYS AND COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 557,979. MANAGEMENT AND GENERAL EXPENSES 68,327. FUNDRAISING EXPENSES 8,658. TOTAL EXPENSES 634,964. FORM 990, PART XI, LINE 9: ARMAF NET ASSETS -2,535,221. ANTHEM FOUNDATION FOR OBJECTIVIST SCHOLARSHIP 6 HUTTON CENTRE DRIVE 600 SANTA ANA CA 92707 912145352 EDUCATION GRANTS CA 501(C)(3) LINE 12A, I N/A 1 AYN RAND MUSEUM AND ARCHIVES FOUNDATION HOUSE ARCHIVAL COLLECTION OF AYN RAND CA 501(C)(3) LINE 12A, I N/A 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0 ANTHEM FOUNDATION FOR OBJECTIVIST SCHOLARSHIP R FMV AYN RAND MUSEUM AND ARCHIVES FOUNDATION D AGREEMENT