LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC (EIN 52-1263436)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-10
- IRS object ID
- 201743149349302489
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-10T14:10:31-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461498870 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Barfield Murphy Shank & Smith LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1121 Riverchase Office Rd | AddressLine1Txt |
| City | Birmingham | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35244 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521263436 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ludwig Von Mises Institute | BusinessNameLine1Txt |
| Business Name Line2 | for Austrian Economics Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LUDW | BusinessNameControlTxt |
| Phone | 3343212100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 518 West Magnolia Avenue | AddressLine1Txt |
| City | Auburn | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 368324501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY E DEIST | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3343212100 | PhoneNum |
| Signature | 2017-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Patrick W Bowman | PreparerPersonNm |
| PTIN | P01264344 | PTIN |
| Phone | 2059825500 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 74.254.230.2 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-09 | IPDt |
| IP Tm | 16:40:17 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | BB5B87492D4E1977DF1DA222DA2F657D6D491FA0 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4B1F4C48B9AC6B734FF4595FB38205CAD5C8E575 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-03-14 21:41:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFFREY E DEIST | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 518 West Magnolia Avenue | AddressLine1Txt |
| City | Auburn | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 368324501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,252,398 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MISES.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1982 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE THE ECONOMIC THEORIES OF LUDWIG VON MISES, HIS PREDECESSORS AND HIS SUCCESSORS, THROUGH TEACHING PROGRAMS, RESEARCH, FELLOWSHIPS AND SCHOLARLY PUBLICATIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 28 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,232,426 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,137,951 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $139,535 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $143,932 | CYProgramServiceRevenueAmt |
| PY Investment Income | $193,803 | PYInvestmentIncomeAmt |
| CY Investment Income | $187,558 | CYInvestmentIncomeAmt |
| PY Other Revenue | $292,349 | PYOtherRevenueAmt |
| CY Other Revenue | $325,663 | CYOtherRevenueAmt |
| PY Total Revenue | $3,858,113 | PYTotalRevenueAmt |
| CY Total Revenue | $3,795,104 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $98,626 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $104,243 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,969,374 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,921,383 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $444,902 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,532,352 | PYOtherExpensesAmt |
| CY Other Expenses | $1,670,300 | CYOtherExpensesAmt |
| PY Total Expenses | $3,600,352 | PYTotalExpensesAmt |
| CY Total Expenses | $3,695,926 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $257,761 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $99,178 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $19,404,269 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,362,278 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $297,764 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $285,888 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $19,106,505 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $20,076,390 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | To promote the economic theories of Ludwig von Mises, his predecessors and his successors, through teaching programs, research, fellowships, and scholarly publications. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,090,802 | ExpenseAmt |
| Revenue | $277,480 | RevenueAmt |
| Desc | Advancement of economic science through publications and teaching programs for students, scholars and others interested in economic education. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $981,722 | ExpenseAmt |
| Revenue | $143,932 | RevenueAmt |
| Desc | Teaching conferences, seminars & colloquia. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $540,564 | ExpenseAmt |
| Grant | $104,243 | GrantAmt |
| Desc | Student fellowship and research grants: support of students, faculty & post-doctoral fellows in economics. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $218,160 | ExpenseAmt |
| Desc | Academic Outreach | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $218,160 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $2,831,248 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 39 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 28 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Wesley Downs | PersonNm |
| Phone | 3343212107 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 518 West Magnolia Avenue | AddressLine1Txt |
| City | Auburn | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 36832 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Llewellyn H Rockwell Jr | ||||||
| Chairman | 45.00 | Yes (X) | Yes (X) | $222,450 | $0 | $3,908 |
| Jeffrey E Deist | ||||||
| President | 50.00 | Yes (X) | Yes (X) | $170,250 | $0 | $14,359 |
| Patricia O Barnett | ||||||
| Director/Vice President | 45.00 | Yes (X) | Yes (X) | $97,450 | $0 | $4,627 |
| Deborah Ayers | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Daniel Ajamian | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Steven Berger | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| John V Denson | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Hunter Lewis | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Robert Luddy | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Andrew Napolitano | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Ron Paul | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Don Printz | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Gary Schlarbaum | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Todd Lewis | ||||||
| Director | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Mardelle O Rockwell | ||||||
| Secretary/Treasurer | 30.00 | Yes (X) | $24,594 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $514,744 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $22,894 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $3,137,951 | AllOtherContributionsAmt |
| Noncash Contributions | $74,372 | NoncashContributionsAmt |
| Total Contributions | $3,137,951 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Mises University | 611600 | $89,121 | $89,121 |
| Mises Circle Seminars | 611600 | $40,707 | $40,707 |
| Mises Academy | 611600 | $14,104 | $14,104 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $143,932 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $172,259 | TotalRevenueColumnAmt |
| Exclusion | $172,259 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $52,420 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $36,897 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $15,523 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,523 | TotalRevenueColumnAmt |
| Exclusion | $15,523 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $359,545 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $344,246 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,299 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,299 | TotalRevenueColumnAmt |
| Exclusion | $15,299 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $353,631 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $76,151 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $277,480 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $277,480 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other income | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $32,660 | TotalRevenueColumnAmt |
| Exclusion | $32,660 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $32,660 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,795,104 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $421,412 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $235,741 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,000 | TotalAmt |
| Program Services | $10,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,243 | TotalAmt |
| Program Services | $94,243 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $620,971 | TotalAmt |
| Program Services | $449,707 | ProgramServicesAmt |
| Management And General | $89,110 | ManagementAndGeneralAmt |
| Fundraising | $82,154 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $994,740 | TotalAmt |
| Program Services | $720,390 | ProgramServicesAmt |
| Management And General | $142,745 | ManagementAndGeneralAmt |
| Fundraising | $131,605 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $192,169 | TotalAmt |
| Program Services | $139,169 | ProgramServicesAmt |
| Management And General | $27,576 | ManagementAndGeneralAmt |
| Fundraising | $25,424 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,503 | TotalAmt |
| Program Services | $82,199 | ProgramServicesAmt |
| Management And General | $16,288 | ManagementAndGeneralAmt |
| Fundraising | $15,016 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,691 | TotalAmt |
| Management And General | $44,691 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,574 | TotalAmt |
| Program Services | $33,574 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,869 | TotalAmt |
| Program Services | $14,607 | ProgramServicesAmt |
| Management And General | $3,131 | ManagementAndGeneralAmt |
| Fundraising | $3,131 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,080 | TotalAmt |
| Program Services | $85,837 | ProgramServicesAmt |
| Management And General | $3,481 | ManagementAndGeneralAmt |
| Fundraising | $15,762 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,646 | TotalAmt |
| Program Services | $27,052 | ProgramServicesAmt |
| Management And General | $5,797 | ManagementAndGeneralAmt |
| Fundraising | $5,797 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,735 | TotalAmt |
| Program Services | $5,386 | ProgramServicesAmt |
| Management And General | $349 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $486,199 | TotalAmt |
| Program Services | $486,199 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,000 | TotalAmt |
| Management And General | $8,000 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $354,308 | TotalAmt |
| Program Services | $248,016 | ProgramServicesAmt |
| Management And General | $53,146 | ManagementAndGeneralAmt |
| Fundraising | $53,146 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,287 | TotalAmt |
| Program Services | $43,601 | ProgramServicesAmt |
| Management And General | $9,343 | ManagementAndGeneralAmt |
| Fundraising | $9,343 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| Bookstore | $126,448 | $126,448 | ||
| Publications | $104,966 | $104,966 | ||
| Development | $87,405 | $87,405 | ||
| Miscellaneous | $45,958 | $32,422 | $6,768 | $6,768 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,134 | TotalAmt |
| Program Services | $127,432 | ProgramServicesAmt |
| Management And General | $9,351 | ManagementAndGeneralAmt |
| Fundraising | $9,351 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,695,926 | TotalAmt |
| Program Services | $2,831,248 | ProgramServicesAmt |
| Management And General | $419,776 | ManagementAndGeneralAmt |
| Fundraising | $444,902 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,513,758 | BOYAmt |
| EOY | $1,255,663 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,501,412 | BOYAmt |
| EOY | $1,188,222 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,481 | BOYAmt |
| EOY | $200,000 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,931 | BOYAmt |
| EOY | $131,250 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,571 | BOYAmt |
| EOY | $50,748 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,550,370 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,548,154 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,327,528 | BOYAmt |
| EOY | $5,002,216 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,952,346 | BOYAmt |
| EOY | $6,242,740 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,110 | BOYAmt |
| EOY | $16,200 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,536,622 | BOYAmt |
| EOY | $5,910,751 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,510 | BOYAmt |
| EOY | $364,488 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,404,269 | BOYAmt |
| EOY | $20,362,278 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,022 | BOYAmt |
| EOY | $120,938 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,742 | BOYAmt |
| EOY | $64,950 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $297,764 | BOYAmt |
| EOY | $285,888 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,958,919 | BOYAmt |
| EOY | $17,906,181 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $998,211 | BOYAmt |
| EOY | $1,020,834 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,149,375 | BOYAmt |
| EOY | $1,149,375 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,106,505 | BOYAmt |
| EOY | $20,076,390 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,404,269 | BOYAmt |
| EOY | $20,362,278 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $99,178 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $870,707 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,138,389 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,792,996 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,311,392 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,232,426 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,137,951 | CurrentTaxYearAmt |
| Total | $16,613,154 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,138,389 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,792,996 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,311,392 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,232,426 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,137,951 | CurrentTaxYearAmt |
| Total | $16,613,154 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $377,454 | SubstantialContributorsTotAmt |
| Public Support Total170 | $16,235,700 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $141,395 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $199,151 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $125,344 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $247,876 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $224,679 | CurrentTaxYearAmt |
| Total | $938,445 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $529,994 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $317,038 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $424,219 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $410,787 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $454,072 | CurrentTaxYearAmt |
| Total | $2,136,110 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $19,687,709 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,136,110 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.82470 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83250 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,149,375 | BeginningYearBalanceAmt |
| End Year Balance | $1,149,375 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,149,375 | BeginningYearBalanceAmt |
| End Year Balance | $1,149,375 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,066,557 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $82,818 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,149,375 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,221,676 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$155,119 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,837 | OtherExpendituresAmt |
| End Year Balance | $1,066,557 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,164,505 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $62,008 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$240,977 | OtherExpendituresAmt |
| End Year Balance | $1,221,676 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,138,145 | OtherCostOrOtherBasisAmt |
| Book Value | $1,138,145 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,101,516 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,434,769 | DepreciationAmt |
| Book Value | $3,666,747 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,310,709 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,113,385 | DepreciationAmt |
| Book Value | $197,324 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,002,216 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Collectible Coins | $434,348 | F |
| Certificates of Deposit | $1,672,643 | F |
| Restricted Endowment Fund | $1,012,622 | F |
| Vanguard Precious Metals | $424,503 | F |
| Gold Bars | $2,366,635 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $5,910,751 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| Halter Annuity Payable | $7,079 |
| Tuschman Deferred Annuity | $18,548 |
| Wolf Annuity Payable | $14,377 |
| Crosby CGA Payable | $3,391 |
| Hufmann Annuity Payable | $9,163 |
| Other Annuities | $12,392 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $64,950 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,741,962 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $870,707 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $870,707 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,871,255 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$76,151 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$76,151 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,795,104 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,772,077 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,772,077 | ExpensesSubtotalAmt |
| Other Expenses Not Included | -$76,151 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$76,151 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,695,926 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | The Institute is exempt from federal and state income taxes under Internal Revenue Code Section 501(c)(3), except to the extent that it has taxable income from businesses that are not related to its tax exempt purpose. Unrelated business income, if there was any, would be taxed at the applicable corporate income tax rate. The Institute did not have any unrelated business income during the years ended December 31, 2016 and 2015, and accordingly, no provision for income taxes has been made in the financial statements. The Institute is not currently under examination by any taxing jurisdiction. For the years ended December 31, 2016 and 2015, there were no interest or penalties associated with tax positions recorded in the accompanying financial statements. |
| Part XI, Line 4b - Other Adjustments: | Cost of Goods Sold (Netted with Income on Form 990) -76,151. |
| Part XII, Line 4b - Other Adjustments: | Cost of Goods Sold (Netted with income on Form 990) -76,151. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt |
|---|---|---|---|
| North America | 0 | 0 | Grants and other assistance (contributions) |
| Europe | 0 | 0 | Grants and other assistance (Contributions) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $0 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $0 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | The organization receives contributions from individuals located in foreign countries. The aggregate contributions of $5,000 or more from foreign sources totaled $143,962 this year. The Organization does not have any expenditures or investments related to grant making activities outside the U.S. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Donor's Trust | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1800 Diagonal Road Suite 280 | AddressLine1Txt |
| City | Alexandria | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 522166327 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $10,000 | CashGrantAmt |
| Purpose Of Grant | Non-Profit Talent Acquisition | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Faculty Grant | 3 | $51,000 |
| Student Fellowships | 9 | $33,443 |
| Student Prize | 5 | $6,300 |
| Faculty Prize | 2 | $3,500 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Institute awards grants to individuals for the purpose of furthering their studies and research into Austrian Economics. All recipients are involved in programs supported by the Institute and as such are present at institute facilities during the performance of the services for which they are awarded grants. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Llewellyn H Rockwell Jr | ||||||||||||||
| Chairman | $222,450 | $0 | $0 | $0 | $0 | $0 | $995 | $0 | $2,913 | $0 | $226,358 | $0 | $0 | $0 |
| Jeffrey E Deist | ||||||||||||||
| President | $170,250 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14,359 | $0 | $184,609 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $74,372 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV at Date of Donation | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Llewellyn H. Rockwell, Jr. and Deborah A. Ayers are siblings. Mardelle O. Rockwell and Patricia O. Barnett are siblings. |
| Form 990, Part VI, Section B, line 11b | A copy of the Form 990 is distributed to the Officers and Board of Directors for review and approval before filing. |
| Form 990, Part VI, Section B, line 12c | The institute performs an annual internal review of the conflict of interest policy utilizing a legal counsel presentation in a staff meeting. |
| Form 990, Part VI, Section B, line 15a | Compensation was approved by independent board members. Data from similar not-for-profit entities was used for purposes of comparison. |
| Form 990, Part VI, Section C, line 19 | Financial statements and other governing documents are available on the institute's website and are also available upon request. |
| Section 1.263(a)-1(f) De Minimis Safe Harbor Election | For the Year Ending December 31, 2016 Ludwig von Mises Institute for Austrian Economics is making the de minimis safe harbor election under Reg. Sec. 1.263(a)-1(f). |