2019-07-09T16:01:26-05:00 2018-09-30 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2017-10-01 521351785 COMPETITIVE ENTERPRISE INSTITUTE COMP 2023311010 1310 L STREET NW 7TH FLOOR WASHINGTON DC 20005 KENT LASSMAN PRESIDENT 2023311010 2019-07-09 1 FRANK H SMITH P00639053 2022274000 2019-07-09 47.19.127.190 2019-07-09 16:01:23 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 570ED48B5F8CC28C01C0C8DF3D35B6F95E5F8C55 2017 2019-02-21 02:37:17Z KENT LASSMAN 1310 L STREET NW 7TH FLOOR WASHINGTON DC 20005 6992665 0 X WWW.CEI.ORG X 1984 DC PUBLIC POLICY RESEARCH/EDUCATION DEDICATED TO PRINCIPLES OF FREE ENTERPRISE & LIMITED GOVERNMENT. 11 9 48 9 0 12629 7226930 6309693 162413 186313 10389 9969 -112217 -108099 7287515 6397876 0 1000 0 0 4371556 4188749 44000 30000 696269 3938448 2577314 8354004 6797063 -1066489 -399187 3880015 3160827 2703889 2383904 1176126 776923 X COMPETITIVE ENTERPRISE INSTITUTE (CEI) IS A NON-PROFIT PUBLIC POLICY ORGANIZATION DEDICATED TO THE PRINCIPLES OF FREE ENTERPRISE AND LIMITED GOVERNMENT. WE BELIEVE THAT CONSUMERS ARE BEST HELPED NOT BY GOVERNMENT REGULATION BUT BY BEING ALLOWED TO MAKE THEIR OWN CHOICES IN A FREE MARKETPLACE. 0 0 1655680 186313 CENTER FOR LAW AND LITIGATIONCEI'S CENTER FOR LAW AND LITIGATION FOCUSES ON DEVELOPING NEW APPROACHES TO FIGHT OVERREGULATION THROUGH LITIGATION. IN AREAS RANGING FROM CEI'S SUCCESSFUL CONSTITUTIONAL CHALLENGE TO THE SARBANES OXLEY FINANCIAL REGULATION LAW, TO EXPOSING THE LETHAL IMPACT OF FEDERAL FUEL ECONOMY STANDARDS, THE CENTER FOR LITIGATION HAS ESTABLISHED MAJOR NEW PRECEDENTS FOR COMBATING REGULATIONS THAT RESTRICT CONSUMER CHOICE, STIFLE INNOVATION, AND LIMIT COMPETITION. OVERREGULATION CAN ALSO RESULT FROM CLASS ACTIONS. SUCH LAWSUITS SUFFER FROM AN INHERENT PROBLEM: PLAINTIFFS' LAWYERS HAVE AN INTEREST IN THEIR FEES, WHILE CORPORATE DEFENDANTS HAVE AN INTEREST IN CHEAPLY DISPOSING OF THE CASE. AS A RESULT, WHEN THESE CASES ARE SETTLED THE INTERESTS OF CLASS MEMBERS OFTEN TAKE A BACK SEAT. CEI'S CENTER FOR CLASS ACTION FAIRNESS REPRESENTS CLASS MEMBERS IN OPPOSING UNFAIR SETTLEMENTS. IT HAS WON MILLIONS OF DOLLARS FOR CONSUMERS AND SHAREHOLDERS, AND ESTABLISHED LANDMARK PRECEDENTS THAT DISCOURAGE THE FILING OF FRIVOLOUS CASES THAT BENEFIT ONLY THE LAWYERS WHO BRING THEM. 983599 COMMUNICATIONS AND OUTREACHCEI'S COMMUNICATIONS AND OUTREACH DEPARTMENT ASSISTS THE CEI POLICY CENTERS WITH THEIR EFFORTS TO DISSEMINATE RESEARCH FINDINGS AND ANALYSIS TO VARIOUS AUDIENCES INCLUDING POLICYMAKERS, NEWS MEDIA, ALLIED ORGANIZATIONS, AND THE GENERAL PUBLIC. IT ALSO HELPS THE POLICY CENTERS BUILD COALITIONS OF LIKE MINDED SCHOLARS, ACTIVISTS, AND OTHER STAKEHOLDERS TO ADVANCE THE ORGANIZATION'S MISSION OF PROMOTING THE INSTITUTIONS OF LIBERTY AND REMOVING GOVERNMENT-CREATED BARRIERS TO ECONOMIC FREEDOM, INNOVATION, AND PROSPERITY. 774857 CENTER FOR ENERGY AND ENVIRONMENTCEI'S CENTER FOR ENERGY AND ENVIRONMENT MAKES THE POSITIVE CASE FOR ABUNDANT ENERGY AND PROMOTES ENVIRONMENTAL POLICIES BASED ON ECONOMIC FREEDOM, PROPERTY RIGHTS, AND LIMITED GOVERNMENT. THE CENTER WORKS TO COMBAT THE BELIEF THAT PROSPERITY THREATENS THE ENVIRONMENT, THAT THE ANSWER TO EVERY ENVIRONMENTAL CHALLENGE IS MORE REGULATION AND THAT RISKS CAN BE ABOLISHED BY LIMITING HUMAN INGENUITY. 701521 CENTER FOR ECONOMIC FREEDOM 552721 1000 EXECUTIVE 418025 CENTER FOR TECHNOLOGY AND INNOVATION 265179 EVENTS 205763 PUBLICATIONS 169633 CENTER FOR ADVANCING CAPITALISM 562 OTHER PROGRAMS 2313404 1000 5727540 1 1 0 1 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 46 0 1 48 1 1 1 0 0 0 0 1 1 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X MEGAN MCLAUGHLIN 2023311010 1310 L STREET NW 7TH FLOOR WASHINGTON DC 20005 W THOMAS HAYNES CHAIRMAN 1.00 X 0 0 0 FRED L SMITH JR-FOUNDER DIR DIR. CTR. FOR ADV. CAP-UNTIL 07/18 40.00 X 115108 0 23841 KRISTINA CRANE DIRECTOR 1.00 X 0 0 0 MICHAEL W GLEBA DIRECTOR 1.00 X 0 0 0 MICHAEL S GREVE DIRECTOR 1.00 X 0 0 0 JEAN-CLAUDE GRUFFAT DIRECTOR 1.00 X 0 0 0 KERRY HALFERTY HARDY DIRECTOR 1.00 X 0 0 0 W THOMAS HAYNES DIRECTOR 1.00 X 0 0 0 LAURA HOLMES JOST DIRECTOR 1.00 X 0 0 0 RICHARD TREN DIRECTOR 1.00 X 0 0 0 KENT LASSMAN PRESIDENT 40.00 X X 212577 0 24542 MEGAN MCLAUGHLIN TREASURER, SEN. DIR. FINANCE 40.00 X 107200 0 8114 AMANDA FRANCE SECRETARY, EXECUTIVE ASSISTANT 40.00 X 74750 0 5792 THEODORE FRANK DIRECTOR OF CTR. FOR CLASS ACTION FAIRNESS 40.00 X 207149 0 10327 WAYNE CREWS VP FOR POLICY 40.00 X 154551 0 31354 JAMES HARPER EXECUTIVE VICE PRESIDENT 40.00 X 132288 0 14600 SAM KAZMAN GENERAL COUNSEL 40.00 X 131982 0 21846 MYRON EBELL DIRECTOR FOR CTR. FOR ENERGY 40.00 X 123066 0 1254 IAIN MURRAY VP OF STRATEGY 40.00 X 120716 0 22052 1379387 0 163722 14 0 1 0 BOYDEN GRAY & ASSOCIATES PLLC 801 17TH STREET NW SUITE 350 WASHINGTON DC 20006 LEGAL SERVICES 170000 MORGAN MEREDITH & ASSOCIATES 22780 INDIAN CREEK DRIVE SUITE 100 DULLES VA 20166 DIRECT MAIL PROCESSING 150131 2 904163 5405530 24662 6309693 COURT-AWARDED FEES 900099 186313 186313 186313 11315 11315 229724 231070 -1346 -1346 -1346 155837 904163 363719 -207882 -207882 SUBLEASE INCOME 900099 84589 84589 REIMBURSEMENTS/REFUNDS 900099 13668 13668 MISCELLANEOUS 900099 1526 1526 99783 6397876 186313 0 -98130 1000 1000 813736 694710 119026 2793561 2267532 231814 294215 28471 23302 3359 1810 295484 241317 22972 31195 257497 208965 25912 22620 282636 274352 75 8209 98253 98253 30000 30000 316017 306924 3413 5680 35435 35435 223935 81807 104492 37636 111255 5781 85914 19560 686906 455 686451 142590 101943 7059 33588 150626 139047 8256 3323 6015 31 5984 299684 299684 58513 13888 44588 37 DIRECT MAIL 90402 44415 2157 43830 BOOKS & SUBSCRIPTIONS 69846 61836 7784 226 LOSS, DISPOSAL OF ASSET 5201 5201 G&A ALLOCATION 0 1224800 -1389140 164340 6797063 5727540 373254 696269 X 120402 44415 2157 73830 894052 687871 449555 78729 337500 272500 163126 275526 1725927 629610 1330800 1096317 15343 565808 586635 123831 163249 3880015 3160827 271918 270665 22044 11003 2409927 2102236 2703889 2383904 X 1095075 772402 81051 4521 1176126 776923 3880015 3160827 -399187 -16 0 X 0 1 X 1 0 X 7105791 7605353 6903266 7226930 6309693 35151033 7105791 7605353 6903266 7226930 6309693 35151033 4434245 30716788 10120 9779 10648 87770 95904 214221 8282 5168 2330 1526 17306 35382560 2184464 0.86810 0.88030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2013 AMOUNT: $ 8,282. 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 5,168. 2016 AMOUNT: $ 2,330. 2017 AMOUNT: $ 1,526. 448 17490 17938 6746027 6763965 488198 122050 0 0 497436 529985 565500 488198 2081119 3121679 27340 31510 21111 17938 97899 124359 132496 141375 122050 520280 780420 139 265 3107 448 3959 983556 184417 799139 509821 347045 162776 232550 98148 134402 1096317 INSURANCE ANNUITY CONTRACTS 586635 F 586635 OTHER RECEIVABLES 90397 DEPOSITS 61832 DEFERRED RENT ASSET 11020 163249 DEFERRED RENT AND LEASE INCENTIVES 2044051 CAPITAL LEASE OBLIGATION 22604 LIABILITY FOR LOSS ON SUBLEASE 35581 2102236 X 6796679 -16 35100 363719 398803 6397876 0 6397876 7195882 35100 363719 398819 6797063 0 6797063 PART X, LINE 2: CEI REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF THE ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF, TO IDENTIFY ANY UNCERTAINTY IN INCOME TAXES. FOR THE YEAR ENDED SEPTEMBER 30, 2018, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAINTY IN INCOME TAXES REQUIRING RECOGNITION OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 363,719. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 363,719. X X X X 1 CLEARWORD COMMUNICATIONS GROUP 12841 BRAEMAR VILLAGE PLAZA 51 BRISTOW VA 20136 FUNDRAISING CONSULTING 0 275519 30000 245519 275519 30000 245519 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI ANNUAL DINNER 1060000 904163 155837 147382 7147 209190 1060000 904163 155837 147382 7147 209190 363719 -207882 X X 0 0 0 0 0 0 0 1 0 KENT LASSMAN PRESIDENT 203577 0 9000 0 0 0 2333 0 22209 0 237119 0 0 0 THEODORE FRANK DIRECTOR OF CTR. FOR CLASS ACTION FAIRNESS 207149 0 0 0 0 0 2222 0 8105 0 217476 0 0 0 WAYNE CREWS VP FOR POLICY 154551 0 0 0 0 0 1680 0 29674 0 185905 0 0 0 SAM KAZMAN GENERAL COUNSEL 131982 0 0 0 0 0 1470 0 20376 0 153828 0 0 0 PART I, LINE 7 THE BOARD OF DIRECTORS DETERMINES THE BONUS FOR THE PRESIDENT. THE PRESIDENT AND EXECUTIVE DIRECTOR DETERMINE THE BONUSES FOR ALL OTHER STAFF. FORM 990, PART VII, SECTION A: FRED L. SMITH, JR., A MEMBER OF THE BOARD OF DIRECTORS AND FORMER DIRECTOR OF CEI'S CENTER FOR ADVANCING CAPITALISM, RECEIVED COMPENSATION FOR HIS ROLE AS AN EMPLOYEE OF CEI. NO COMPENSATION WAS PAID FOR HIS SERVICES AS A MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT VERSION OF THE FEDERAL FORM 990 IS REVIEWED BY THE PRESIDENT, EXECUTIVE DIRECTOR, TREASURER/SENIOR DIRECTOR OF FINANCE AND OPERATIONS, AS WELL AS THE FULL BOARD OF DIRECTORS. AFTER THE REVIEW, ANY CHANGES NEEDED ARE MADE BY THE TAX RETURN PREPARER. THE FINAL FEDERAL FORM 990 IS THEN ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES CONSULT WITH THEIR DIRECT SUPERVISOR OVER ANY AREAS THAT COULD BE CONFLICTS OF INTEREST. IF THE SUPERVISOR BELIEVES THE ISSUE NEEDS TO BE ADDRESSED AT A HIGHER LEVEL THE SUPERVISOR CAN THEN MOVE THE DISCUSSION UP THE CHAIN OF COMMAND WITHIN CEI. UNDER CEI'S CONFLICT OF INTEREST POLICY, BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON COMPARABILITY DATA. AS THE PRESIDENT'S COMPENSATION WAS AT THE LOW-END WHEN THE LAST STUDY WAS CONDUCTED IN 2012, THE BOARD OF DIRECTORS ARE COMFORTABLE WITH THE CURRENT COMPENSATION. COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS HANDLED BY THE PRESIDENT AND GROUP OF INDEPENDENT SENIOR STAFF. THE COMPENSATION IS EVALUATED BASED ON PERFORMANCE AND COMPARABILITY DATA WITH OTHER SIMILAR ORGANIZATIONS IN THE WASHINGTON, DC AREA. FORM 990, PART VI, SECTION C, LINE 19 CEI DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE MOST RECENT AUDITED FINANCIAL STATEMENTS AND FEDERAL FORM 990 ARE AVAILABLE ON THE WEBSITE.