CATO INSTITUTE: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- CATO INSTITUTE (EIN 23-7432162)
- Tax period
- 2017-04-01 to 2018-03-31
- Filed
- 2018-10-02
- IRS object ID
- 201812759349300326
- Schema version
- 2017v2.3
- 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 | 2018-10-02T10:25:09-05:00 | ReturnTs |
| Tax Period End | 2018-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 WISCONSIN AVENUE SUITE 400E | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237432162 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CATO INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CATO | BusinessNameControlTxt |
| Phone | 2028420200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Massachusetts Ave NW | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200015403 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JON HEIMERMAN | PersonNm |
| Person Title | VP/CAO | PersonTitleTxt |
| Phone | 2028420200 | PhoneNum |
| Signature | 2018-10-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Daniel O'Shea | PreparerPersonNm |
| PTIN | P00957510 | PTIN |
| Phone | 3016529100 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 209.3.217.20 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-10-02 | IPDt |
| IP Tm | 10:24:02 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 06A4BC6A02C072216FB46903976AAF3AD31DC28E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PETER GOETTLER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MASS AVE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,214,404 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CATO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1974 | FormationYr |
| Legal Domicile State | KS | LegalDomicileStateCd |
| Activity Or Mission | To promote the principles of individual liberty, limited government, free markets, and peace. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 279 | TotalEmployeeCnt |
| Total Volunteers | 19 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $35,507,748 | PYContributionsGrantsAmt |
| CY Contributions Grants | $34,961,513 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $586,846 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $638,963 | CYProgramServiceRevenueAmt |
| PY Investment Income | $398,629 | PYInvestmentIncomeAmt |
| CY Investment Income | $659,619 | CYInvestmentIncomeAmt |
| PY Other Revenue | $396,422 | PYOtherRevenueAmt |
| CY Other Revenue | $419,707 | CYOtherRevenueAmt |
| PY Total Revenue | $36,889,645 | PYTotalRevenueAmt |
| CY Total Revenue | $36,679,802 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $636,651 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $644,050 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,198,008 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,586,197 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,418,318 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,315,446 | PYOtherExpensesAmt |
| CY Other Expenses | $12,151,426 | CYOtherExpensesAmt |
| PY Total Expenses | $30,150,105 | PYTotalExpensesAmt |
| CY Total Expenses | $30,381,673 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,739,540 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,298,129 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $78,534,414 | TotalAssetsBOYAmt |
| Total Assets EOY | $84,854,531 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,819,813 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,434,041 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $75,714,601 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $81,420,490 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | To originate, disseminate, and increase understanding of public policies based on the principles of individual liberty, limited government, free markets, and peace. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,868,835 | ExpenseAmt |
| Grant | $91,050 | GrantAmt |
| Desc | See Form 990, Part III, Line 4a in Schedule O. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,840,325 | ExpenseAmt |
| Grant | $80,678 | GrantAmt |
| Desc | See Form 990, Part III, Line 4b in Schedule O. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,718,834 | ExpenseAmt |
| Grant | $21,865 | GrantAmt |
| Desc | See Form 990, Part III, Line 4c in Schedule O. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (5 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc | GrantGrantAmt |
|---|---|---|---|
| $1,446,470 | $9,150 | ROBERT A. LEVY CENTER FOR CONSTITUTIONAL STUDIES:Cato's Center for Constitutional Studies and its scholars aim to secure liberty through constitutionally limited government. The Center's scholars address a wide range of constitutional and legal issues, especially by encouraging the judiciary to neither make nor ignore the law but rather to interpret and apply it through the natural rights tradition inherited from the founders. Cato remains one of the biggest and most effective filers of amicus curiae briefs in the Supreme Court - in the 2016-17 term they achieved a 9-4 showing at the Supreme Court and were cited by both the Supreme Court and the Third Circuit. The Institute has also distributed more than 6 million pocket copies of the Declaration of Independence and the Constitution. | |
| $1,221,328 | $24,705 | CENTER FOR MONETARY AND FINANCIAL ALTERNATIVES:Cato's Center for Monetary and Financial Alternatives seeks to restore an understanding of the free market's capacity to achieve lasting financial stability and, by so doing, to repel the forces presently favoring increased government centralization and nationalization of money and financial markets. Now in its fourth year of operation, the Center boasts an array of highly respected scholars, including director George Selgin, one of the foremost authorities on banking history and monetary theory, as well as an academic advisory council that includes many of the world's leading monetary economists. The scholars produce rigorous research on everything from the gold standard to cryptocurrencies to bank regulation, and they regularly draw hundreds of distinguished experts, hill staffers, journalists, financial industry members, and members of the public to their events. In 2017, the Center held the Institute's 35th Annual Monetary Conference, which featured prominent speakers, such as Loretta J. Mester of the Federal Reserve Bank of Cleveland, John B. Taylor of Stanford, and George Tavlas of the Bank of Greece. | $5,000 |
| $934,012 | HERBERT A. STIEFEL CENTER FOR TRADE POLICY STUDIES:At Cato's Center for Trade Policy Studies, scholars study a range of trade policy issues, including agriculture, manufacturing, and trade agreements. They challenge the view that trade is "us" vs. "them," instead demonstrating that free trade expands freedom and opportunities for Americans and improves economic growth. In the past year, the Center has published studies on the history of U.S. protectionism and reforming the U.S.China trade relationship and held a major conference on the future of the North American Free Trade Agreement. | $27,084 | |
| $1,460,697 | CONFERENCES:Cato events around the country helped increase the visibility of Cato's ideas and inspired journalists, policymakers, students, academics, activists, philanthropists, and others in 2017. Cato events regularly draw hundreds of attendees and many more online viewers - a 2017 event on stingray surveillance, for example, drew nearly 10,000 live online viewers. | $2,000 | |
| $13,197,230 | $605,108 | OTHER CATO PROGRAMS: | $416,373 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $18,259,737 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $450,457 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $638,963 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $23,687,731 | 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 | 0 | 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 | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | 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 |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 194 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 279 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | 0 | Form990TFiledInd |
| 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 | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| 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 | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | 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 | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marissa Delgado | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2028420200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Massachusetts Ave NW | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200015403 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| Baron Bond | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Carl Barney | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| David Humphreys | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Donald Smith | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Fred Young | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Howard Rich | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| James Kilts | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| James Lapeyre | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey Yass | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| John Allison | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Kenneth N Levy | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Lewis Randall | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Nancy Pfotenhauer | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Nestor Weigand | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Peter Goettler | ||||||||
| President and CEO | 40.00 | Yes (X) | $515,330 | $0 | $25,546 | Yes (X) | ||
| Preston Marshall | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Rebecca Dunn | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Robert A Levy | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Robert Gelfond | ||||||||
| Director | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| K Tucker Andersen | ||||||||
| Director (Through 10/17) | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Richard J Dennis | ||||||||
| Director (Through 10/17) | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Ethelmae Humphreys | ||||||||
| Director (Through 10/17) | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| David Boaz | ||||||||
| Executive Vice President | 40.00 | $298,851 | $0 | $21,935 | Yes (X) | |||
| Elizabeth Santos | ||||||||
| Secretary | 40.00 | $83,195 | $0 | $2,589 | Yes (X) | |||
| Jon Heimerman | ||||||||
| VP/Chief Admin. Officer | 40.00 | $215,523 | $0 | $27,565 | Yes (X) | |||
| George Selgin | ||||||||
| Dir., Center for Fin. Alternatives | 40.00 | $218,718 | $0 | $19,637 | Yes (X) | |||
| Khristine Brookes | ||||||||
| VP of Communications | 40.00 | $175,780 | $0 | $28,575 | Yes (X) | |||
| Michael Cannon | ||||||||
| Director, Health Policy Studies | 40.00 | $178,235 | $0 | $29,200 | Yes (X) | |||
| Patrick Michaels | ||||||||
| Dir., Center for Study of Science | 40.00 | $189,912 | $0 | $18,170 | Yes (X) | |||
| Roger Pilon | ||||||||
| VP, Director of Const. Studies | 40.00 | $191,871 | $0 | $26,469 | Yes (X) | |||
| Edward Crane | ||||||||
| Former President | 0.00 | $300,000 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,367,415 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $199,686 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 39 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Palm Facility LLC | |||||
| 10401 Connecticut Avenue | Kensington | MD | 20895 | Building repairs and maintenance | $137,157 |
| Publications Professional LLC | |||||
| 3603 Chain Bridge Road | Fairfax | VA | 22030 | Copy editing & proofreading | $105,430 |
| KNS Contracting LLC | |||||
| 4022 Blackburn Lane | Burtonsville | MD | 20866 | Janitorial services | $103,825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $34,961,513 | AllOtherContributionsAmt |
| Noncash Contributions | $689,058 | NoncashContributionsAmt |
| Total Contributions | $34,961,513 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Conferences | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $638,963 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $638,963 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $638,963 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $647,270 | TotalRevenueColumnAmt |
| Exclusion | $647,270 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,762 | TotalRevenueColumnAmt |
| Exclusion | $62,762 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $429,311 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $416,962 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,349 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,349 | TotalRevenueColumnAmt |
| Exclusion | $12,349 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $219,724 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $117,640 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $102,084 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $102,084 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Other Income | 900099 | $259,387 | $259,387 |
| Split Interest Income | 900099 | -$4,526 | -$4,526 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $254,861 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $36,679,802 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $741,047 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $977,242 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,000 | TotalAmt |
| Program Services | $112,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,732 | TotalAmt |
| Program Services | $276,732 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,318 | TotalAmt |
| Program Services | $255,318 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,200,462 | TotalAmt |
| Program Services | $488,224 | ProgramServicesAmt |
| Management And General | $390,314 | ManagementAndGeneralAmt |
| Fundraising | $321,924 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,173,906 | TotalAmt |
| Program Services | $11,347,191 | ProgramServicesAmt |
| Management And General | $756,620 | ManagementAndGeneralAmt |
| Fundraising | $1,070,095 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $681,399 | TotalAmt |
| Program Services | $584,923 | ProgramServicesAmt |
| Management And General | $40,072 | ManagementAndGeneralAmt |
| Fundraising | $56,404 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,542,354 | TotalAmt |
| Program Services | $1,206,132 | ProgramServicesAmt |
| Management And General | $195,416 | ManagementAndGeneralAmt |
| Fundraising | $140,806 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $988,076 | TotalAmt |
| Program Services | $815,913 | ProgramServicesAmt |
| Management And General | $77,004 | ManagementAndGeneralAmt |
| Fundraising | $95,159 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,583 | TotalAmt |
| Program Services | $425 | ProgramServicesAmt |
| Management And General | $113,158 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,774 | TotalAmt |
| Management And General | $55,774 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,165 | TotalAmt |
| Management And General | $138,165 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,207,205 | TotalAmt |
| Program Services | $856,697 | ProgramServicesAmt |
| Management And General | $18,366 | ManagementAndGeneralAmt |
| Fundraising | $332,142 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,707 | TotalAmt |
| Program Services | $196,686 | ProgramServicesAmt |
| Fundraising | $5,021 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,280,292 | TotalAmt |
| Program Services | $2,177,694 | ProgramServicesAmt |
| Management And General | $88,085 | ManagementAndGeneralAmt |
| Fundraising | $1,014,513 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $772,455 | TotalAmt |
| Program Services | $600,649 | ProgramServicesAmt |
| Management And General | $51,316 | ManagementAndGeneralAmt |
| Fundraising | $120,490 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $930,409 | TotalAmt |
| Program Services | $712,988 | ProgramServicesAmt |
| Management And General | $67,736 | ManagementAndGeneralAmt |
| Fundraising | $149,685 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,108,770 | TotalAmt |
| Program Services | $810,195 | ProgramServicesAmt |
| Management And General | $9,467 | ManagementAndGeneralAmt |
| Fundraising | $289,108 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,769,998 | TotalAmt |
| Program Services | $1,252,830 | ProgramServicesAmt |
| Management And General | $64,955 | ManagementAndGeneralAmt |
| Fundraising | $452,213 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,770 | TotalAmt |
| Program Services | $3 | ProgramServicesAmt |
| Management And General | $5,767 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,184,392 | TotalAmt |
| Program Services | $907,008 | ProgramServicesAmt |
| Management And General | $86,342 | ManagementAndGeneralAmt |
| Fundraising | $191,042 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,058 | TotalAmt |
| Program Services | $68,201 | ProgramServicesAmt |
| Management And General | $6,492 | ManagementAndGeneralAmt |
| Fundraising | $14,365 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Dues and subscriptions | $392,502 | $305,547 | $24,682 | $62,273 |
| Honorarium | $383,025 | $369,610 | $13,415 | |
| Other expenses | $329,246 | $192,320 | $84,678 | $52,248 |
| Mailing list expenses | $189,075 | $150,445 | $1,215 | $37,415 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,381,673 | TotalAmt |
| Program Services | $23,687,731 | ProgramServicesAmt |
| Management And General | $2,275,624 | ManagementAndGeneralAmt |
| Fundraising | $4,418,318 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | Yes (X) | JointCostsInd |
Total Joint Costs TotalJointCostsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $806,652 | TotalAmt |
| Program Services | $550,296 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $256,356 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,335,799 | BOYAmt |
| EOY | $12,168,716 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,027,024 | BOYAmt |
| EOY | $5,082,234 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,119,706 | BOYAmt |
| EOY | $7,222,356 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $523,161 | BOYAmt |
| EOY | $30,953 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,707 | BOYAmt |
| EOY | $163,197 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $699,428 | BOYAmt |
| EOY | $551,832 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $50,373,884 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,799,003 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,332,073 | BOYAmt |
| EOY | $33,574,881 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,236,684 | BOYAmt |
| EOY | $26,058,487 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,832 | BOYAmt |
| EOY | $1,875 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,534,414 | BOYAmt |
| EOY | $84,854,531 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,006,460 | BOYAmt |
| EOY | $1,503,941 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,166 | BOYAmt |
| EOY | $512,536 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $730,187 | BOYAmt |
| EOY | $1,417,564 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,819,813 | BOYAmt |
| EOY | $3,434,041 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,617,999 | BOYAmt |
| EOY | $71,563,865 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,086,505 | BOYAmt |
| EOY | $6,846,528 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,010,097 | BOYAmt |
| EOY | $3,010,097 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,714,601 | BOYAmt |
| EOY | $81,420,490 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,534,414 | BOYAmt |
| EOY | $84,854,531 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,298,129 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$367,240 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$225,000 | OtherChangesInNetAssetsAmt |
| 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 | $27,386,455 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,969,047 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $26,698,458 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,507,748 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $34,961,513 | CurrentTaxYearAmt |
| Total | $159,523,221 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,386,455 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,969,047 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $26,698,458 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,507,748 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $34,961,513 | CurrentTaxYearAmt |
| Total | $159,523,221 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $28,361,544 | SubstantialContributorsTotAmt |
| Public Support Total170 | $131,161,677 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $129,907 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $133,511 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $311,472 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $435,551 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $710,032 | CurrentTaxYearAmt |
| Total | $1,720,473 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $704 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,336 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $75,540 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $258,025 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $254,861 | CurrentTaxYearAmt |
| Total | $591,466 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $161,835,160 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $4,920,000 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.81050 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81690 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part II, Line 10, Explanation for Other Income: | Miscellaneous Income 2014: $ 1,939 2015: $ 12,137 2016: $ 276,904 2017: $ 259,387 |
| Mailing List | 2013: $ 704 2014: $ 397 |
| Split Interest Income | 2015: $ 63,403 2016: $ -18,879 2017: $ -4,526 |
| Total Amounts by Year: | 2013: $ 704 2014: $ 2,336 2015: $ 75,540 2016: $ 258,025 2017: $ 254,861 |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,029,956 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $28,716 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $48,575 | OtherExpendituresAmt |
| End Year Balance | $3,010,097 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,020,910 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $83,119 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $74,073 | OtherExpendituresAmt |
| End Year Balance | $3,029,956 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,015,918 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $67,611 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $62,619 | OtherExpendituresAmt |
| End Year Balance | $3,020,910 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,010,097 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $77,101 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $71,280 | OtherExpendituresAmt |
| End Year Balance | $3,015,918 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,010,097 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $51,086 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $51,086 | OtherExpendituresAmt |
| End Year Balance | $3,010,097 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| 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 | $9,656,037 | OtherCostOrOtherBasisAmt |
| Book Value | $9,656,037 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $35,127,318 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,610,588 | DepreciationAmt |
| Book Value | $22,516,730 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,590,529 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,188,415 | DepreciationAmt |
| Book Value | $1,402,114 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $33,574,881 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Capital Lease Obligation | $357,155 |
| Charitable Gift Annuity | $102,213 |
| Other | $958,196 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,417,564 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $36,711,522 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$367,240 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $506,320 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$225,000 | OtherRevenueAmt |
| Revenue Not Reported | -$85,920 | RevenueNotReportedAmt |
| Revenue Subtotal | $36,797,442 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$117,640 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$117,640 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $36,679,802 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $31,005,633 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $506,320 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $117,640 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $623,960 | ExpensesNotReportedAmt |
| Expenses Subtotal | $30,381,673 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $30,381,673 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | To support the operational costs of Cato's Constitutional Studies Program and Defense & Foreign Policy Studies through the annual earnings of the endowment net assets. |
| Part X, Line 2: | Cato has been granted tax-exempt status as a public charity within the meaning of Section 501(c)(3) of the Internal Revenue Code ("IRC"). Although Cato is generally exempt from income tax, Cato is subject to unrelated business income taxes under Section 512 of the IRC, as well as subject to excise tax on excess lobbying expenses. There was no unrelated business income or excess lobbying expenses for the years ended March 31, 2018 and 2017; therefore, no provision for income tax has been recorded in the financial statements. Cato believes it has appropriate support for any tax position taken and, as such, does not have any uncertain tax positions that are material to the financial statements. Cato recognizes interest expense and penalties related to income taxes on uncertain tax positions in management and general expenses on the statements of activities and change in net assets and accounts payable and accrued expenses in the statements of financial position. No interest expense and penalties related to income taxes on uncertain tax positions were recognized for the years ended March 31, 2018 and 2017. Tax years prior to 2014 are no longer subject to examination by the Internal Revenue Service or the tax jurisdictions of Kansas and the District of Columbia. |
| Part XI, Line 2d - Other Adjustments: | Loss on write-off of pledge receivable -225,000. |
| Part XI, Line 4b - Other Adjustments: | Cost of sales -117,640. |
| Part XII, Line 2d - Other Adjustments: | Cost of sales 117,640. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Europe | 0 | 16 | GRANTMAKING | $156,300 |
| South America | 0 | 2 | GRANTMAKING | $65,678 |
| Central America and the Caribbean | 0 | 1 | GRANTMAKING | $1,000 |
| East Asia and the Pacific | 0 | 2 | GRANTMAKING | $2,000 |
| South Asia | 0 | 1 | GRANTMAKING | $500 |
| Middle East and North Africa | 0 | 1 | GRANTMAKING | $2,840 |
| North America | 0 | 6 | GRANTMAKING | $27,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 29 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 29 | TotalEmployeeCnt |
| Subtotal Spent | $255,318 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $255,318 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (10 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|---|
| Stipends for Senior Fellows/Adjunct Scholars | Europe | 2 | $125,000 | Wire transfer | $0 | N/A | FMV |
| Stipends for Senior Fellows/Adjunct Scholars | South America | 1 | $55,678 | Wire transfer | $0 | N/A | FMV |
| Stipends for Research, Consulting & Writing | North America | 6 | $27,000 | Wire transfer | $0 | N/A | FMV |
| Stipends for Research, Consulting & Writing | Europe | 12 | $27,300 | Wire transfer | $0 | N/A | FMV |
| Stipends for Research, Consulting & Writing | East Asia & the Pacific | 2 | $2,000 | Wire transfer | $0 | N/A | FMV |
| Stipends for Research, Consulting & Writing | Middle East & North Africa | 1 | $2,840 | Wire transfer | $0 | N/A | FMV |
| Stipends for Research, Consulting & Writing | South Asia | 1 | $500 | Wire transfer | $0 | N/A | FMV |
| Stipends for Research, Consulting & Writing | Central America & the Caribbean | 1 | $1,000 | Wire transfer | $0 | N/A | FMV |
| Stipends for Speaking | Europe | 2 | $4,000 | Wire transfer | $0 | N/A | FMV |
| Stipends for Speaking | South America | 1 | $10,000 | Wire transfer | $0 | N/A | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Programs are supervised by project managers who provide oversight, approve payments, and provide an accounting of funds spent. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|
| Free to choose network | |||||||||
| 2002 Filmore Avenue | Erie | PA | 16506 | 521455677 | 501(c)(3) | $80,000 | N/A | N/A | Production of documentary on school choice |
| Internet education foundation | |||||||||
| 740 15th St NW 900 | Washington | DC | 20005 | 311577362 | 501(c)(3) | $10,000 | N/A | N/A | Sponsorship of conference |
| Students for liberty | |||||||||
| PO box 97246 | Washington | DC | 20090 | 943435899 | 501(c)(3) | $10,000 | N/A | N/A | Sponsorship of conference |
| Young americans for liberty foundation | |||||||||
| PO box 17560 | Arlington | VA | 22216 | 453503672 | 501(c)(3) | $12,000 | N/A | N/A | Sponsorship of conference |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | stipends for senior fellows/adjunct Scholars | GrantTypeTxt |
| Recipient | 12 | RecipientCnt |
| Cash Grant | $276,732 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | Programs are supervised by project managers who provide oversight, approve payments, and provide an accounting of funds spent. |
| SCHEDULE I, PART I, LINE 2 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Peter Goettler | ||||||||||||||
| President and CEO | $513,510 | $0 | $0 | $0 | $1,820 | $0 | $23,850 | $0 | $1,696 | $0 | $540,876 | $0 | $0 | $0 |
| David Boaz | ||||||||||||||
| Executive Vice President | $298,851 | $0 | $0 | $0 | $0 | $0 | $13,250 | $0 | $8,685 | $0 | $320,786 | $0 | $0 | $0 |
| Jon Heimerman | ||||||||||||||
| VP/Chief Admin. Officer | $215,523 | $0 | $0 | $0 | $0 | $0 | $10,906 | $0 | $16,659 | $0 | $243,088 | $0 | $0 | $0 |
| George Selgin | ||||||||||||||
| Dir., Center for Fin. Alternatives | $218,718 | $0 | $0 | $0 | $0 | $0 | $10,868 | $0 | $8,769 | $0 | $238,355 | $0 | $0 | $0 |
| Khristine Brookes | ||||||||||||||
| VP of Communications | $175,780 | $0 | $0 | $0 | $0 | $0 | $9,088 | $0 | $19,487 | $0 | $204,355 | $0 | $0 | $0 |
| Michael Cannon | ||||||||||||||
| Director, Health Policy Studies | $178,235 | $0 | $0 | $0 | $0 | $0 | $9,100 | $0 | $20,100 | $0 | $207,435 | $0 | $0 | $0 |
| Patrick Michaels | ||||||||||||||
| Dir., Center for Study of Science | $189,912 | $0 | $0 | $0 | $0 | $0 | $9,510 | $0 | $8,660 | $0 | $208,082 | $0 | $0 | $0 |
| Roger Pilon | ||||||||||||||
| VP, Director of Const. Studies | $191,871 | $0 | $0 | $0 | $0 | $0 | $9,800 | $0 | $16,669 | $0 | $218,340 | $0 | $0 | $0 |
| Edward Crane | ||||||||||||||
| Former President | $300,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $300,000 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 48 | ContributionCnt |
| Noncash Contributions Rpt F990 | $689,058 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV date of receipt | 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 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | Column b represents the number of contributions. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4a | CENTER FOR EDUCATIONAL FREEDOM, LIBERTARIANISM.ORG, AND PROJECT ON CRIMINAL JUSTICE: Cato's Center for Educational Freedom is a powerful voice for school choice. In 2017, Cato brought the arguments for free markets in education to even wider audiences, as Andrew Coulson's three-part documentary School Inc. aired on public television stations across the country. Cato's Libertarianism.org is a rich resource to promote the ideas of liberty, publishing books, podcasts, and articles on both current events and classics of libertarian philosophy, from ancient Greek philosophers to Ludwig von Mises, Adam Smith, and Frederick Douglass. With more than 2 million visitors in 2017, the site is an indispensable resource for those interested in pursuing libertarian ideas. Cato's Project on Criminal Justice has launched strategic policy initiatives to remedy systemic defects in our criminal justice system. These include unconstitutional overcriminalization of conduct, mistargeted police efforts, the decline of the jury trial, and a policy of near-zero accountability for police and prosecutors. In 2018, the project launched a campaign to challenge and roll back qualified immunity. |
| Form 990, Part III, Line 4b | CENTER FOR GLOBAL LIBERTY AND PROSPERITY: The Center for Global Liberty and Prosperity was established to promote a better understanding around the world of how free markets can combat some of the most pressing problems faced by developing nations. In particular, the Center seeks to advance policies that protect human rights, extend the range of personal choice, and support the central role of economic freedom in ending world poverty. In 2017, the Center collaborated with the Fraser Institute and the Liberales Institut to produce the Human Freedom Index, which presents the state of human freedom in the world based on a broad measure that encompasses personal, civil, and economic freedom. Humanprogress.org, another project of the Center, provides an interactive resource for reliable data on how the world is getting better, thanks to increasing personal and economic liberty. It is an invaluable source for journalists, academics, congressional staff, and researchers. |
| Form 990, Part III, Line 4c | DEFENSE AND FOREIGN POLICY STUDIES: Although other organizations on both the left and right call for the United States to perpetuate the interventionist policies of the past, Cato instead pioneers ideas for a sensible and peaceful foreign policy. Defense and foreign policy scholars produce extensive research into the actual costs and benefits of U.S. defense and counterterrorism operations. Recently, foreign policy scholars published a book on aviation security and studies on counterterrorism, arms sales, and U.S.-Iran relations. They also published a report on one scholar's trip to North Korea and organized a project to assess the Iran nuclear accord. |
| Form 990, Part V, line 3b | The filing date of the Form 990-T has been extended, and that return will be filed by its extended due date. |
| Form 990, Part VI, Section A, line 7a | Members, stockholders or other persons who may elect the governing body: Members of the board vote to approve and remove members. |
| Form 990, Part VI, Section A, line 7b | Decisions of the governing body subject to approval: Members elect the board of directors and may remove directors with a majority vote. |
| Form 990, Part VI, Section B, line 11b | Process used to review form 990: A draft 990 is provided to each member for review and comment prior to finalization. |
| Form 990, Part VI, Section B, line 12c | Monitoring and enforcement of compliance with conflict of interest policy: Cato reviews conflict of interest disclosures. If a potential conflict of interest arises, the director, officer or key employee with the conflict is required to correct the situation or either step down from the board or face termination from employment. |
| Form 990, Part VI, Section B, line 15a | Process for determining compensation: Independent contractor reviews compensation/benefits. The board discusses and approves executive compensation/benefits based on results of the independent study. |
| Form 990, Part VI, Section C, line 19 | How the organization makes organizing documents available to the public: Cato's bylaws, articles of incorporation, and conflict of interest policy are available to anyone who requests them. Further, Cato has always complied, and will continue to comply, with the mandate that form 990 be made publicly available. |
| Form 990, Part XI, line 9: | Loss on write-off of pledge receivable -225,000. |
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