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MERCATUS CENTER INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MERCATUS CENTER INC (EIN 54-1436224)
Tax period
2024-09-01 to 2025-08-31
Filed
2026-03-04
IRS object ID
202620639349300707
Schema version
2024v5.5
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-03-04T05:42:00-06:00ReturnTs
Tax Period End2025-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582676261PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rogers & Company PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18300 Boone Boulevard Suite 600AddressLine1Txt
CityViennaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22182ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN541436224EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Mercatus Center IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMERCBusinessNameControlTxt
Phone7039934930PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13434 Washington Blvd 4th FloorAddressLine1Txt
CityArlingtonCityNm
State AbbreviationVAStateAbbreviationCd
ZIP222014508ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGary LeffPersonNm
Person TitleTreasurer and CFOPersonTitleTxt
Phone7039934930PhoneNum
Signature2026-02-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAmanda E WaterhousePreparerPersonNm
PTINP02014004PTIN
Phone7038930300PhoneNum
Preparation2026-02-27PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGary LeffPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13434 Washington Blvd 4th FloorAddressLine1Txt
CityArlingtonCityNm
State AbbreviationVAStateAbbreviationCd
ZIP222014508ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$49,941,720GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.mercatus.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionCultivating talent who advance market-oriented ideas to expand opportunity.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee200TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$37,253,749PYContributionsGrantsAmt
CY Contributions Grants$46,672,267CYContributionsGrantsAmt
PY Program Service Revenue$210,355PYProgramServiceRevenueAmt
CY Program Service Revenue$5,561CYProgramServiceRevenueAmt
PY Investment Income$1,534,200PYInvestmentIncomeAmt
CY Investment Income$1,285,949CYInvestmentIncomeAmt
PY Other Revenue$340,075PYOtherRevenueAmt
CY Other Revenue$323,524CYOtherRevenueAmt
PY Total Revenue$39,338,379PYTotalRevenueAmt
CY Total Revenue$48,287,301CYTotalRevenueAmt
PY Grants And Similar Paid$9,944,320PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,877,082CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$20,888,026PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$18,354,574CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$116,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$120,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,943,354CYTotalFundraisingExpenseAmt
PY Other Expenses$13,861,174PYOtherExpensesAmt
CY Other Expenses$11,595,584CYOtherExpensesAmt
PY Total Expenses$44,809,520PYTotalExpensesAmt
CY Total Expenses$40,947,240CYTotalExpensesAmt
PY Revenues Less Expenses-$5,471,141PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,340,061CYRevenuesLessExpensesAmt
Total Assets BOY$36,765,270TotalAssetsBOYAmt
Total Assets EOY$43,506,821TotalAssetsEOYAmt
Total Liabilities BOY$4,410,958TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,667,797TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$32,354,312NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$39,839,024NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe Center builds and maintains a vibrant community of scholars dedicated to market-oriented thinking and classical liberal principles. We mentor and train up-and-coming scholars and thinkers who will generate ideas and influence society's key institutions.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$19,247,157ExpenseAmt
Grant$9,526,084GrantAmt
Revenue$2,264RevenueAmt
DescUniversity Research & Teaching - Supports academic research and faculty activities at George Mason University and elsewhere to advance and apply a research agenda for understanding institutions and change or broadly advance a free and prosperous society.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,722,322ExpenseAmt
Grant$80,295GrantAmt
Revenue$855RevenueAmt
DescApplied Research - Conduct economic research of consequence that makes sense of public policy problems and puts forward solutions that maximize individual freedom and prosperity.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$5,019,145ExpenseAmt
Grant$6,000GrantAmt
Revenue$2,442RevenueAmt
DescStrategic Public Engagement - Drives Mercatus's external impact by integrating communications, government relations, publications, talent development, and convening to ensure its ideas reach and persuade key audiences.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$4,712,079$1,254,704$0Student Programs - Support Graduate Students at George Mason University, training future scholars and decision-makers to advance and apply a research agenda for understanding institutions and change.
$1,256,332$10,000$0Public Affairs - Seeks to inform alumni, faculty, and supporters about the efforts of the Center and build communication that develops a network of individuals interested in liberty.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$5,968,411TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$1,264,704TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$36,957,035TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document595IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee200EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Gary LeffBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7039934930PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13434 Washington Blvd 4th FloorAddressLine1Txt
CityArlingtonCityNm
State AbbreviationVAStateAbbreviationCd
ZIP222014508ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Tyler Cowen
Chairman1.00Yes (X)Yes (X)$128,367$0$0
Donald Boudreaux
Director1.00Yes (X)$83,500$0$0
Virgil Henry Storr
Director (SVP of Research & Programs)40.00Yes (X)$256,751$0$119
Brendan McCord
Director (from 2/25)1.00Yes (X)$0$0$0
Brian Hooks
Director1.00Yes (X)$0$0$0
Edwin Meese
Director1.00Yes (X)$0$0$0
Emily Chamlee-Wright
Director1.00Yes (X)$0$0$0
Katherine Boyle
Director1.00Yes (X)$0$0$0
Manuel Johnson
Director1.00Yes (X)$0$0$0
Richard Fink
Director1.00Yes (X)$0$0$0
Salen Churi
Director1.00Yes (X)$0$0$0
Samuel Bowman
Director1.00Yes (X)$0$0$0
Vernon Smith
Director1.00Yes (X)$0$0$0
Benjamin Klutsey
Executive Director (from 6/24)40.00Yes (X)$354,211$0$27,746
Daniel M Rothschild
Executive Vice President (6/24-10/24)40.00Yes (X)$289,617$0$28,877
Jennifer Zambone
Secretary and Chief Operating Officer40.00Yes (X)$274,100$0$11,132
Gary Leff
Treasurer and Chief Financial Officer20.00Yes (X)$199,674$0$21,955
Daniel Butler
Vice President of Development40.00$341,101$0$27,993Yes (X)
Veronique De Rugy
George Gibbs Chair Project Sr Research Fellow40.00$318,435$0$21,319Yes (X)
Eileen Norcross
Vice President of Research40.00$282,764$0$28,993Yes (X)
Alden Abbott
Senior Research Fellow40.00$240,871$0$760Yes (X)
Brett Doyle
Managing Director40.00$239,887$0$1,761Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,009,278TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$170,655TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K64IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Tilapia Film LLC
1188 Court Street Unit 28ElkoNV89801Video production and motion graphics ser$281,944
Marriott International
PO Box 402642AtlantaGA30384Catering services$230,595
Morgan Meredith & Associates
22780 Indian Creek Dr STE 100DullesVA20166Direct mail and postage services$197,008
Salesforcecom
415 Mission Street 3rd FloorSan FranciscoCA94105Cloud-based online software services$180,561
Open AI LLC
3180 18th Ave Suite 100San FranciscoCA94140Cloud-based online software services$161,400
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt
All Other Contributions$46,672,267AllOtherContributionsAmt
Noncash Contributions$544,466NoncashContributionsAmt
Total Contributions$46,672,267TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescEducational programsDesc
Business611710BusinessCd
Total Revenue Column$5,561TotalRevenueColumnAmt
Related Or Exempt Func Income$5,561RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,561TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,293,736TotalRevenueColumnAmt
Exclusion$1,293,736ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$271,586RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$271,586RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$271,586TotalRevenueColumnAmt
Exclusion$271,586ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,638,353SecuritiesAmt
Other$8,279OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,652,062SecuritiesAmt
Other$2,357OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$13,709SecuritiesAmt
Other$5,922OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$7,787TotalRevenueColumnAmt
Exclusion-$7,787ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescCredit card rewardsDesc
Business900099BusinessCd
Total Revenue Column$50,448TotalRevenueColumnAmt
Exclusion$50,448ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,490TotalRevenueColumnAmt
Exclusion$1,490ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$51,938OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$48,287,301TotalRevenueColumnAmt
Related Or Exempt Func Income$5,561RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,609,473ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,875,391TotalAmt
Program Services$2,875,391ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,077,166TotalAmt
Program Services$2,077,166ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$5,924,525TotalAmt
Program Services$5,924,525ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,604,214TotalAmt
Program Services$768,740ProgramServicesAmt
Management And General$661,655ManagementAndGeneralAmt
Fundraising$173,819FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$118,486TotalAmt
Program Services$118,486ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$14,528,230TotalAmt
Program Services$13,018,485ProgramServicesAmt
Management And General$678,133ManagementAndGeneralAmt
Fundraising$831,612FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,003,606TotalAmt
Program Services$871,653ProgramServicesAmt
Management And General$72,408ManagementAndGeneralAmt
Fundraising$59,545FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,100,038TotalAmt
Program Services$957,117ProgramServicesAmt
Management And General$73,855ManagementAndGeneralAmt
Fundraising$69,066FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$92,171TotalAmt
Program Services$71,733ProgramServicesAmt
Management And General$7,775ManagementAndGeneralAmt
Fundraising$12,663FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,660TotalAmt
Management And General$22,660ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$120,000TotalAmt
Fundraising$120,000FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$12,949TotalAmt
Management And General$12,949ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,996,904TotalAmt
Program Services$1,627,368ProgramServicesAmt
Management And General$154,530ManagementAndGeneralAmt
Fundraising$215,006FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$214,793TotalAmt
Program Services$214,793ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$980,953TotalAmt
Program Services$720,450ProgramServicesAmt
Management And General$27,084ManagementAndGeneralAmt
Fundraising$233,419FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,247,902TotalAmt
Program Services$1,076,578ProgramServicesAmt
Management And General$121,928ManagementAndGeneralAmt
Fundraising$49,396FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,416,725TotalAmt
Program Services$1,279,659ProgramServicesAmt
Management And General$70,093ManagementAndGeneralAmt
Fundraising$66,973FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,621,361TotalAmt
Program Services$2,560,530ProgramServicesAmt
Management And General$50,441ManagementAndGeneralAmt
Fundraising$10,390FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,681,993TotalAmt
Program Services$2,591,316ProgramServicesAmt
Management And General$9,785ManagementAndGeneralAmt
Fundraising$80,892FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$209,694TotalAmt
Program Services$189,407ProgramServicesAmt
Management And General$10,374ManagementAndGeneralAmt
Fundraising$9,913FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$68,825TotalAmt
Program Services$3,390ProgramServicesAmt
Management And General$65,435ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Memberships$11,944$4,442$7,450$52
List rental$10,723$398$10,325
Property taxes$5,987$5,408$296$283

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$40,947,240TotalAmt
Program Services$36,957,035ProgramServicesAmt
Management And General$2,046,851ManagementAndGeneralAmt
Fundraising$1,943,354FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,852,896BOYAmt
EOY$3,258,699EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$27,676,956BOYAmt
EOY$34,529,111EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,000,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$264,905BOYAmt
EOY$95,114EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$689,596BOYAmt
EOY$943,375EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,649,685LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,529,661LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$327,396BOYAmt
EOY$120,024EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,953,521BOYAmt
EOY$2,560,498EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$36,765,270BOYAmt
EOY$43,506,821EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,860,027BOYAmt
EOY$1,500,005EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,233,155BOYAmt
EOY$1,629,165EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$317,776BOYAmt
EOY$538,627EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,410,958BOYAmt
EOY$3,667,797EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,745,722BOYAmt
EOY$25,042,221EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,608,590BOYAmt
EOY$14,796,803EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,354,312BOYAmt
EOY$39,839,024EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$36,765,270BOYAmt
EOY$43,506,821EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$7,340,061ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$123,394NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$21,257OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$49,704,276CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,537,054CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,540,249CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,253,749CurrentTaxYearMinus1YearAmt
Current Tax Year$46,672,267CurrentTaxYearAmt
Total$228,707,595TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$49,704,276CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,537,054CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,540,249CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,253,749CurrentTaxYearMinus1YearAmt
Current Tax Year$46,672,267CurrentTaxYearAmt
Total$228,707,595TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$73,525,159SubstantialContributorsTotAmt
Public Support Total170$155,182,436PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$355,505CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$380,772CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,573,276CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,795,854CurrentTaxYearMinus1YearAmt
Current Tax Year$1,565,322CurrentTaxYearAmt
Total$5,670,729TotalAmt
FieldValueIRS element (for citing)
Total Support$234,378,324TotalSupportAmt
Gross Receipts Rltd Activities$915,986GrossReceiptsRltdActivitiesAmt
Public Support CY1700.66210PublicSupportCY170Pct
Public Support PY1700.74300PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$643,055OtherCostOrOtherBasisAmt
Depreciation$636,624DepreciationAmt
Book Value$6,431BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,006,630OtherCostOrOtherBasisAmt
Depreciation$893,037DepreciationAmt
Book Value$113,593BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$120,024TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Charitable gift annuities$171,898
Due to affiliate$366,729
FieldValueIRS element (for citing)
Total Liability$538,627TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$49,776,435TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$123,394NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$1,378,689DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,502,083RevenueNotReportedAmt
Revenue Subtotal$48,274,352RevenueSubtotalAmt
Investment Expenses Not Incld$12,949InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$12,949RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$48,287,301TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$42,291,723TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$1,378,689DonatedServicesUseFcltsAmt
Other Expenses Included-$21,257OtherExpensesIncludedAmt
Expenses Not Reported$1,357,432ExpensesNotReportedAmt
Expenses Subtotal$40,934,291ExpensesSubtotalAmt
Investment Expenses Not Incld2$12,949InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$12,949ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$40,947,240TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:Management has evaluated the Center's tax positions and concluded that the Center did not have any significant uncertain tax positions at August 31, 2025 and 2024.
Part XII, Line 2d - Other Adjustments:Reversal of Prior Year Grant Expense -21,257.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
East Asia and the Pacific03Program ServicesStudent Programs$3,225
Europe (Including Iceland and Greenland)034Program ServicesApplied Research, Student Programs, Strategic Public Engagement, University Research & Teaching$69,917
Middle East and North Africa01Program ServicesStrategic Public Engagement$7,393
North America03Program ServicesStudent Programs, Strategic Public Engagement$5,050
Russia and Neighboring State - Kazakhstan01Program ServicesStudent Programs$150
South America011Program ServicesStudent Programs, University Research & Teaching$3,650
South Asia026Program ServicesStudent Programs, University Research & Teaching$49,000
Sub-Saharan Africa05Program ServicesStudent Programs$900
Central America and the Caribbean00Grants to recipients located in the region$208,941
East Asia and the Pacific00Grants to recipients located in the region$175,479
Europe (Including Iceland & Greenland)00Grants to recipients located in the region$2,240,024
Middle East and North Africa00Grants to recipients located in the region$75,191
North America00Grants to recipients located in the region$275,323
Russia and Neighboring States - Ukraine, Tajikistan00Grants to recipients located in the region$194,702
South America00Grants to recipients located in the region$29,461
South Asia00Grants to recipients located in the region$2,461,356
Sub-Saharan Africa00Grants to recipients located in the region$264,048
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees84SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee84TotalEmployeeCnt
Subtotal Spent$139,285SubtotalSpentAmt
Continuation Spent$5,924,525ContinuationSpentAmt
Total Spent$6,063,810TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (58 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
Central America and the CaribbeanStudent Development/education grant$20,000Wire/EFT/Check$0
EuropeResearch Grant$172,000Wire/EFT/Check$0
EuropeResearch Grant$100,000Wire/EFT/Check$0
EuropeResearch Grant$100,000Wire/EFT/Check$0
EuropeResearch Grant$70,000Wire/EFT/Check$0
EuropeResearch Grant$50,000Wire/EFT/Check$0
EuropeResearch Grant$50,000Wire/EFT/Check$0
EuropeResearch Grant$50,000Wire/EFT/Check$0
EuropeResearch Grant$50,000Wire/EFT/Check$0
EuropeResearch Grant$50,000Wire/EFT/Check$0
EuropeResearch Grant$50,000Wire/EFT/Check$0
EuropeResearch Grant$46,000Wire/EFT/Check$0
EuropeResearch Grant$45,000Wire/EFT/Check$0
EuropeResearch Grant$25,000Wire/EFT/Check$0
EuropeResearch Grant$20,000Wire/EFT/Check$0
EuropeResearch Grant$20,000Wire/EFT/Check$0
EuropeResearch Grant$20,000Wire/EFT/Check$0
EuropeResearch Grant$20,000Wire/EFT/Check$0
EuropeResearch Grant$20,000Wire/EFT/Check$0
EuropeResearch Grant$15,000Wire/EFT/Check$0
EuropeResearch Grant$10,000Wire/EFT/Check$0
Middle East and North AfricaResearch Grant$30,000Wire/EFT/Check$0
North America - Canada and MexicoStudent Development/education grant$20,000Wire/EFT/Check$0
North America - Canada and MexicoResearch Grant$15,000Wire/EFT/Check$0
North America - Canada and MexicoResearch Grant$10,000Wire/EFT/Check$0
Russia and Neighboring State - UkraineResearch Grant$50,000Wire/EFT/Check$0
Russia and Neighboring State - UkraineResearch Grant$20,000Wire/EFT/Check$0
Russia and Neighboring State - UkraineResearch Grant$10,000Wire/EFT/Check$0
South AsiaResearch Grant$120,000Wire/EFT/Check$0
South AsiaResearch Grant$100,000Wire/EFT/Check$0
South AsiaResearch Grant$80,000Wire/EFT/Check$0
South AsiaResearch Grant$60,000Wire/EFT/Check$0
South AsiaResearch Grant$50,000Wire/EFT/Check$0
South AsiaResearch Grant$50,000Wire/EFT/Check$0
South AsiaResearch Grant$50,000Wire/EFT/Check$0
South AsiaResearch Grant$40,000Wire/EFT/Check$0
South AsiaResearch Grant$30,000Wire/EFT/Check$0
South AsiaResearch Grant$30,000Wire/EFT/Check$0
South AsiaResearch Grant$30,000Wire/EFT/Check$0
South AsiaResearch Grant$30,000Wire/EFT/Check$0
South AsiaResearch Grant$30,000Wire/EFT/Check$0
South AsiaResearch Grant$30,000Wire/EFT/Check$0
South AsiaResearch Grant$28,000Wire/EFT/Check$0
South AsiaResearch Grant$26,000Wire/EFT/Check$0
South AsiaResearch Grant$25,000Wire/EFT/Check$0
South AsiaResearch Grant$25,000Wire/EFT/Check$0
South AsiaResearch Grant$25,000Wire/EFT/Check$0
South AsiaResearch Grant$25,000Wire/EFT/Check$0
South AsiaResearch Grant$24,000Wire/EFT/Check$0
South AsiaResearch Grant$21,000Wire/EFT/Check$0
South AsiaResearch Grant$20,000Wire/EFT/Check$0
South AsiaResearch Grant$20,000Wire/EFT/Check$0
South AsiaResearch Grant$20,000Wire/EFT/Check$0
South AsiaResearch Grant$20,000Wire/EFT/Check$0
South AsiaResearch Grant$15,000Wire/EFT/Check$0
South AsiaResearch Grant$8,000Wire/EFT/Check$0
Sub-Saharan AfricaResearch Grant$100,000Wire/EFT/Check$0
Sub-Saharan AfricaResearch Grant$30,000Wire/EFT/Check$0
FieldValueIRS element (for citing)
Total501c3 Org6Total501c3OrgCnt
Total Other Org52TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
Student development/education fellowships, research grantsCentral America and the Caribbean15$188,941Wire/EFT/Check$0
Student development/education fellowships, research grants, and stipend supportEast Asia and the Pacific29$175,479Wire/EFT/Check$0
Student development/education fellowships, research grants, and stipend supportEurope (Including Iceland & Greenland)189$1,255,724Wire/EFT/Check$0
Student development/education fellowships, research grantsMiddle East and North Africa9$45,191Wire/EFT/Check$0
Student development/education fellowships, research grants, and stipend supportNorth America39$230,323Wire/EFT/Check$0
Student development/education fellowships, research grants, and stipend supportRussia & Neighboring - Ukraine, Tajikistan, Kazakhstan14$114,702Wire/EFT/Check$0
Student development/education fellowships, research grantsSouth America21$29,461Wire/EFT/Check$0
Student development/education fellowships, research grants, and stipend supportSouth Asia175$1,419,356Wire/EFT/Check$0
Student development/education fellowships, research grants, and stipend supportSub-Saharan Africa43$134,048Wire/EFT/Check$0
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 2:Faculty awards are given to Center faculty members who actively engage in original research. In addition, grants are made to support research at other universities that advance the mission of the Center, as well as promising projects aimed at meaningfully improving society through the Emergent Ventures program. Research projects are expected to result in scholarly journal articles, book manuscripts, monographs, or other quality products. Academic fellowships, scholarships, and stipends are also awarded to support emerging scholars, students, and researchers, fostering academic growth and talent development to further advance the Center's mission.
Part I, line 3:Foreign expenses are directly tracked and accounted for on the accrual method of accounting used for books.
Part III, Col (c):The grants, scholarships, and stipends reported are based on actual amounts. For a portion of the fellowship programs, the allocation of domestic vs. foreign recipients is estimated based on prior year data. This estimate was made by reviewing past distributions of fellows and applying the observed ratio of domestic to foreign recipients to the current year's promised payments and number of recipients.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1Advanced Advocacy LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11750 K Street NW Suite 1200AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd
FieldValueIRS element (for citing)
ActivitySee Part IVActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$1,039,838GrossReceiptsAmt
Retained By Contractor$120,000RetainedByContractorAmt
Net To Organization$919,838NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$1,039,838TotalGrossReceiptsAmt
Total Retained By Contractors$120,000TotalRetainedByContractorsAmt
Total Net To Organization$919,838TotalNetToOrganizationAmt
Licensed StatesDCLicensedStatesCd
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line Reference(ii) Activity:FormAndLineReferenceDesc
ExplanationDeveloped and facilitated relationships between prospective funding partners and Mercatus. Connected existing partners to Mercatus activities. Communicated activities and fundraising strategy to Mercatus leadership.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (50 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
10 Academy
1200 Rickabaugh Way Unit 472Santa ClaraCA95050863368596501(c)3$30,000$0Research and Education Grants
ACE Services LLC
13919 Saint Michael DrLittle RockAR72211811146622$25,000$0Research and Education Grants
ARC Prize Foundation
548 Market StreetSan FranciscoCA94104992781492$50,000$0Research and Education Grants
Arizona State University Foundation for A New American University
300 E University Dr 6th FlTempeAZ852812061866051042501(c)3$20,000$0Research and Education Grants
ArticleIP Inc
3977 Via CristobalSan JoseCA95008333164314$10,000$0Research and Education Grants
Associated Students of the University of California at Berkeley
2465 Bancroft Way MC4500BerkleyCA94720940294680501(c)3$10,000$0Research and Education Grants
Biolyth Technology LLC
3386 Jay Tee DrMelbourneFL32901884539135$15,000$0Research and Education Grants
California Institute of Technology
1200 E California Blvd MC 234-6PasadenaCA91125951643307501(c)3$86,219$0Research and Education Grants
Caribbean Progress Studies Institute Inc
21262 Prado CircleHuntington BeachCA92648922750682501(c)3$7,300$0Research and Education Grants
Center for Innovative Governance Research
1717 K Street NW 900WashingtonDC20006823264419501(c)3$50,000$0Research and Education Grants
ChatARV Inc
1111b S Governors Avenue STE 29442DoverDE19904334800471$15,000$0Research and Education Grants
ChinaTalk Group LLC
169 Madison Avenue STE 11985New YorkNY10016332292837$100,000$0Research and Education Grants
Chinese Reconciliation Project Foundation
PO Box 7024TacomaWA984060024911647325501(c)3$10,000$0Research and Education Grants
Climate Equity Partners LLC
121 Garrison Ave 121Jersey CityNJ07306883816250$10,000$0Research and Education Grants
Deveillance Inc
392 Harvard StreetCambridgeMA02138393507928$30,000$0Research and Education Grants
Digital Harbor Foundation Inc
1045 Light StreetBaltimoreMD21230452536579501(c)3$100,000$0Research and Education Grants
EconAI LLC
4614 E Calle Del NortePhoenixAZ85018333719839$20,000$0Research and Education Grants
Edge Institute Inc
1300 S 6th StreetAustinTX78704992785973501(c)3$50,000$0Research and Education Grants
Energy for Growth Hub
1 Thomas Circle NW Suite 700WashingtonDC20005831609680501(c)3$40,000$0Research and Education Grants
Epoch Artificial Intelligence Inc
166 Geary St 1500 1917San FranciscoCA94108994050541501(c)3$10,000$0Research and Education Grants
Fedmin Inc
2261 Market Street STE 10883San FranciscoCA94114372146637$25,000$0Research and Education Grants
George Mason University Foundation
4400 University Drive MSN 1A3FairfaxVA220304444541603842501(c)3$185,887$0General Support Grants
IncQuery LLC
180 N Stetson Suite 3500ChicagoIL60601813686688$30,000$0Research and Education Grants
Jade Hosting Corp
131 Continental Dr Suite 305NewarkDE19713365146300$12,000$0Research and Education Grants
Kou Records
249 East 62nd Street 25BNew YorkNY10065854390556$10,000$0Research and Education Grants
Kyiv School of Economics
2403 Avenue XBrooklynNY11235522264611501(c)3$1,100,000$0Research and Education Grants
Le Sallay & Marabou International Studies Inc
358 Lake stBelmontMA02478852688298501(c)3$30,000$0Research and Education Grants
Maiv Health
100 E Whitestone Blvd Ste 148 228Cedar ParkTX78613882829129$27,000$0Research and Education Grants
Normal Information Company
131 Continental Dr Suite 305NewarkDE19713365123170$30,000$0Research and Education Grants
Nucleate Bio
88 Gordon St 401BrightonMA02135863225994501(c)3$50,000$0Research and Education Grants
Octavia Technologies Inc
2093 Philadelphia Pike 7997ClaymontDE19703333536585$20,000$0Research and Education Grants
Pan-American Lidar Initiative
892 Union StSan FranciscoCA94133333501726501(c)3$30,000$0Research and Education Grants
Pareto Works LLC
1814 Swann St NW unit AWashingtonDC20009923534586$10,000$0Research and Education Grants
Plymouth Street Inc
90 Gold StreetSan FranciscoCA94133884107959$16,135$0Research and Education Grants
President and Fellows of Harvard
1033 MASSACHUSETTS AVE 2ND FLOORCambridgeMA02138042103580501(c)3$14,000$0Research and Education Grants
Purple Hydrogen Corp
251 Little Falls DriveWilmingtonDE19808612202595$20,000$0Research and Education Grants
Stephen Voss Photography Inc
3841 Warren Street NWWashingtonDC20016263186303$25,000$0Research and Education Grants
Swiftink LLC
22769 Portico PlAshburnVA20148931718808$30,000$0Research and Education Grants
Symbia Co
4030 Tates Creek RdLexingtonKY40517331807157$10,000$0Research and Education Grants
Talent Market
1633 Connecticut Ave NW STE 300WashingtonDC20009521928321501(c)3$10,000$0General Support Grants
The Argument Inc
1 Thomas Circle Northwest Suite 700WashingtonDC20005334900706$100,000$0Research and Education Grants
The David Network
8300 Boone Blvd Suite 500ViennaVA22182994579478501(c)3$50,000$0Research and Education Grants
The Econ Of LLC
532 E 860 SProvidenceUT84332833104997$65,000$0Research and Education Grants
The Hack Foundation
8605 Santa Monica Blvd Suite 86294West HollywoodCA90069812908499501(c)3$11,500$0Research and Education Grants
The Xheladin and Xhufe Morina Foundation
160 Cambridgepark Drive 563CambridgeMA02140934565410501(c)3$10,000$0Research and Education Grants
Ukraine Global Scholars Foundation
177 Huntington Avenue 17th FloorBostonMA02115810847939501(c)3$100,000$0Research and Education GrantsSuite 1788
Vimes Inc
137 Montague StBrooklynNY11201334925190$25,000$0Research and Education Grants
Women's Health Fund
180 Steuart St 190142San FranciscoCA94105993480713501(c)3$50,000$0Research and Education Grants
Xlogic Labs Inc
8 The Green Ste ADoverDE19901993430092$25,000$0Research and Education Grants
Zero Billion Inc
1152 S VAN NESS AVESan FranciscoCA94110993270894$40,000$0Research and Education Grants
FieldValueIRS element (for citing)
Total501c3 Org23Total501c3OrgCnt
Total Other Org27TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
Student development/education Fellowships374$663,369N/AN/A
Research/ Student development Grants76$1,390,800N/AN/A
Student development/education stipends23$22,997N/AN/A

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 2:Faculty awards are given to those Center faculty members who actively engage in original research. In addition, grants were made to support research at other universities that advance the mission of the center and for promising projects to meaningfully improving society through the Emergent Ventures program. Research projects are expected to result in scholarly journal articles, book manuscripts, monographs, or other quality products.
Part III, column (b):The number of individual recipients reported is an estimate based on historical trends from the prior year.
Part I, Line 1(h):Grants were given to the George Mason University for the following purposes: to provide general support for the mission and activities of the George Mason University Foundation; to provide support for research by faculty members in economics; to support student tuition in the Department of Economics; to support student stipends in the Department of Economics; and for summer support and course buyouts for faculty members in economics.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Benjamin Klutsey
Executive Director (from 6/24)$204,211$0$150,000$0$0$0$0$0$27,746$0$381,957$0$0$0
Daniel Butler
Vice President of Development$209,101$0$132,000$0$0$0$0$0$27,993$0$369,094$0$0$0
Veronique De Rugy
George Gibbs Chair Project Sr Resear$228,229$0$90,000$0$206$0$0$0$21,319$0$339,754$0$0$0
Daniel M Rothschild
Executive Vice President (6/24-10/24$209,617$0$80,000$0$0$0$0$0$28,877$0$318,494$0$0$0
Eileen Norcross
Vice President of Research$212,725$0$70,000$0$39$0$0$0$28,993$0$311,757$0$0$0
Jennifer Zambone
Secretary and Chief Operating Office$209,100$0$65,000$0$0$0$0$0$11,132$0$285,232$0$0$0
Virgil Henry Storr
Director (SVP of Research & Programs$91,250$0$165,501$0$0$0$0$0$119$0$256,870$0$0$0
Brett Doyle
Managing Director$214,887$0$25,000$0$0$0$0$0$1,761$0$241,648$0$0$0
Alden Abbott
Senior Research Fellow$225,871$0$15,000$0$0$0$0$0$760$0$241,631$0$0$0
Gary Leff
Treasurer and Chief Financial Office$153,007$0$46,667$0$0$0$0$0$21,955$0$221,629$0$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
Nona Storr
Family Relationship$20,000Honorarium for participating in the Hayek Program Hurricane Dorian recovery project.0
Linden Wright
Family Relationship$58,486Compensation as an employee of Mercatus.0
Daniel M Rothschild
Former Officer$40,000Contracted with the Former Officer's LLC for organizing and coordinating a program-related event.0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution9ContributionCnt
Noncash Contributions Rpt F990$544,466NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair market valueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Column (b):FormAndLineReferenceDesc
ExplanationThe number in column (b) reflects the number of contributors.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bA draft of the Form 990 is prepared by the independent accountants and provided to the Chairman of the Board for review prior to filing.
Form 990, Part VI, Section B, line 12cConflicts and potential conflicts of interest are described in the Center's Employee Manual, which is distributed to all employees. Disclosure is required contemporaneously with any potential conflicts and employees are regularly reminded of the obligation.
Form 990, Part VI, Section B, line 15Officer compensation is set annually by a vote of the Executive Committee of the Board of Directors. Decisions are documented by the Executive Committee and provided to the organization. The committee considers employee performance, their knowledge of non-profit practices, and comparability data.
Form 990, Part VI, Section C, line 19The Organization's makes its financial statements and governing documents available upon request to those deemed to have a bona fide business purpose which advances the exempt purpose of the organization.
Form 990, Part XI, line 9:Reversal of Prior Year Grant Expense 21,257.