2025-11-13T14:35:44-08:00 2024-12-31 870799787 Michael T Psomas CPA PC 1475 Beryl St San Diego CA 92109 990 2024-01-01 942528433 Pacific Research Institute For Public Policy PACI 4156808215 PO Box 60485 Pasadena CA 91116 Sara C Pipes President & CEO 4156808215 2025-11-13 true true Michael T Psomas P01207179 8582102525 2025-11-13 X 2024 2025-03-06 01:10:19Z Sara C Pipes PO Box 60485 Pasadena CA 91116 7623024 false X N/A X 1978 CA Champions Freedom, Opportunity and Responsibility by Advancing Free-Market Policy Solutions. 14 12 8 0 0 0 10899439 5730834 0 886256 1660070 249487 232120 12035182 7623024 0 0 1756857 1864747 0 1275449 3631401 3904012 5388258 5768759 6646924 1854265 30144966 31970684 300355 397856 29844611 31572828 X PRI CHAMPIONS FREEDOM, OPPORTUNITY, AND PERSONAL RESPONSIBILITY BY ADVANCING FREE-MARKET SOLUTIONS. THE INSTITUTE PROVIDES PRACTICAL SOLUTIONS FOR THE POLICY ISSUES THAT IMPACT THE DAILY LIVES OF ALL AMERICANS AND DEMONSTRATES WHY THE FREE MARKET IS MORE EFFECTIVE THAN GOVERNMENT AT PROVIDING THE IMPORTANT RESULTS WE ALL SEEK: GOOD SCHOOLS, QUALITY HEALTH CARE, A CLEAN ENVIRONMENT, AND A ROBUST ECONOMY. false false 1402495 0 0 THE CENTER FOR HEALTH CARE EXAMINES PUBLIC POLICIES THAT AFFECT AMERICAS HEALTH CARE SYSTEM, EXPLAINS HOW THESE POLICIES LIMIT ACCESS TO AFFORDABLE, HIGH QUALITY HEALTH CARE, AND PRESCRIBES REFORMS THAT RELY ON MARKET-BASED SOLUTIONS. 600148 0 0 THE CENTER FOR CALIFORNIA REFORM SEEKS TO REINVIGORATE CALIFORNIAS ENTREPRENEURIAL, SELF-RELIANT TRADITIONS 718451 0 0 THE CENTER FOR EDUCATION WORKS TO RESTORE TO ALL PARENTS THE BASIC RIGHT TO CHOOSE THE BEST EDUCATIONAL OPPORTUNITIES FOR THEIR CHILDREN THROUGH RESEARCH AND GRASSROOTS OUTREACH, THE INSTITUTES SCHOLARS ADVANCE PARENTAL CHOICE IN EDUCATION, HIGH ACADEMIC STANDARDS, CHARTER SCHOOLS, TEACHER QUALITY AND SCHOOL FINANCE REFORM 985226 0 0 OTHER PROGRAM SERVICES 985226 0 0 3706320 true true false true false false false false false false true false false false false true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false false 0 0 8 true false false false false false true true false false false false X 14 12 false false false false false false false true true false false false true true true true true true true false AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MD MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WI WV X PACIFIC RESEARCH INSTITUTE 4159890833 PO BOX 60485 PASADENA CA 91116 Sally C Pipes President and CEO 40.00 X X 522499 0 13892 Rowena Itchon Chief Operating Officer 40.00 X 365000 0 30500 Benjamin Smithwick VP Development 40.00 X 231000 0 15000 Lance Izumi Senior Director Center for Education 40.00 X 181913 0 0 Timothy Anaya VP Marketing 40.00 X 175000 0 6000 Steven Dennis MD Director 1.00 X 0 0 0 Peter C Farrell Director 1.00 X 0 0 0 Russell A Johnson Director 1.00 X 0 0 0 Clark Judge Director, Chairman 1.00 X X 0 0 0 Daniel M Kolkey Director 1.00 X 0 0 0 Sean McAvoy Director, Secretary, Treasurer 1.00 X X 0 0 0 Daniel Oliver Director 1.00 X 0 0 0 Michael T Psomas Director 1.00 X 50337 0 0 Richard Samuelson Director 1.00 X 0 0 0 Lawrence J Siskind Director 1.00 X 0 0 0 Paul Tosetti Director 1.00 X 0 0 0 Richard Wallace Director 1.00 X 0 0 0 Chris Wright Director 1.00 X 0 0 0 Christine Zanello Director 1.00 X 0 0 0 1525749 0 65392 5 false true false Keybridge Communications 1722-A Wisconsin Ave NW Washington DC 20007 Research, Writing, Public Relations 718963 Wayne Winegarden 3006 Tyndall Way Marina CA 93933 Research, Writing 380250 Laura Dannerbeck 9202 East Desert View Scottsdale AZ 85255 Event Planning 150000 East Point Ventures 527 25th Street Hermosa Beach CA 90254 Research, Writing 130098 Richard Epstein 16 Thomas Place Norwalk CT 06853 Research, Writing 103500 6 47800 5683034 37286 5730834 1090690 0 1090690 973 0 0 973 568407 568407 568407 0 0 568407 232120 47800 0 232120 0 232120 0 0 0 0 0 7623024 0 0 1892190 1380323 785968 191813 402542 307994 24789 261338 21867 87765 37792 31516 18457 88665 54634 12395 21636 30000 30000 0 0 201598 101769 62148 37681 1193765 973594 25314 194857 905558 900298 5260 0 130742 99436 7320 23986 50725 21889 3853 24983 102954 62324 17419 23211 85618 21218 9709 54691 2000 2000 0 0 42799 28016 4028 10755 Events 635126 345609 6740 282777 Graphics 107576 68148 20992 18436 Publication Production 71711 35062 181 36468 Website 5499 1311 3588 600 338341 112463 123376 102502 5768759 3706320 786990 1275449 8911552 1968458 4607655 12959061 955000 797460 315 81669 197920 34990 34990 0 15588775 16047785 30144966 31970684 300355 397856 0 300355 397856 X 24108914 26412356 5735697 5160472 29844611 31572828 30144966 31970684 1854265 -126048 X false true X true false X 0 5239643 6684372 6291945 10899439 5720834 34836233 0 0 5239643 6684372 6291945 10899439 5720834 34836233 0 34836233 312481 564509 500440 785461 1660070 3822961 0 80000 80000 38739194 0.89930 X 0 0 0 Pt II Ln 10 Legal Settlement Pt II Ln 10 Other Income Part II, Line 10 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true true 10000 false false false true 5000 true 2500 false 17500 false Pt II-B Line 1 Lobbying activities consisted of meetings with legislators on issues related to PRIs public policy research. 0 0 0 8417 8417 0 26573 26573 0 0 Federal Income Taxes 0 0 X 6860446 -126051 -126051 6986497 636527 636527 7623024 5768759 5768759 5768759 Pt X, Line 2 THE INSTITUTE IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTIONS 501(C)(3) AND THE CALIFORNIA REVENUE AND TAXTION CODE SECTION 23701D, RESPECTIVELY. THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE INSTITUTE TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE INSTITUTE. THE INSTITUTE HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE INSTITUTES EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE INSTITUTE HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS FOUR YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE INSTITUTE ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. Pt XI, Line 4b Event expenses subtracted from revenue in audited financial statements THATCHER DINNER 63600 15000 48600 FISHER GALA 54900 54900 6 158875 32800 126075 277375 47800 229575 229575 X X X X X false false false false false false false false false Sally C Pipes 522499 0 0 0 0 0 13892 0 0 0 536391 0 0 0 Rowena Itchon 365000 0 0 0 0 0 30500 0 0 0 395500 0 0 0 Benjamin Smithwick 231000 0 0 0 0 0 15000 0 0 0 246000 0 0 0 Lance Izumi 181913 0 0 0 0 0 0 0 0 0 181913 0 0 0 Timothy Anaya 175000 0 0 0 0 0 6000 0 0 0 181000 0 0 0 X Professional Services 1 37286 Discount from full fee false false false Pt VI, Line 11b THE TAXPAYERS ACCOUNTING FIRM FORWARDS THE FORM 990 TO THE CEO AND CEO. THEY REVIEW THE FORM 990 AND FORWARD THEIR QUESTIONS. THE ACCOUNTING FIRM ADDRESSES ALL QUESTIONS PRIOR TO FILING THE FORM 990. Pt VI, Line 12c THE INSTITUTE MONITORS ITS CONFLICT OF INTEREST POLICY THROUGH REGULAR REVIEWS. THE DISCOVERY OF ANY CONFLICTS ARE ADDRESSED IMMEDIATELY. Pt VI, Line 15a EACH YEAR MANAGEMENT PRESENTS A COMPLETE DETAILED REPORT TO THE COMPENSATION COMMITTEE COMPOSED OF BOARD MEMBERS WITH RELATED BUSINESS EXPERIENCE. THE REPORT INCLUDES AN ANALYSIS OF CURRENT MARKET TRENDS, COMPARISON TO OTHER SIMILAR THINK TANK SALARIES GATHERED FROM 990S, AND AN ANALYSIS OF HOURS SPENT WORKING, JOB RESPONSIBILITIES, YEARS OF EXPERIENCE AND LEVEL OF EXPERTISE. THE COMPENSATION COMMITTEE APPROVES THE ANNUAL COMPENSATION PACKAGE FOR PRESENTATION AT THE ANNUAL MARCH BOARD MEETING FOR FULL APPROVAL OF THE ENTIRE VOTING BOARD. Pt VI, Line 19 THE PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Pt VI, Line 15b EACH YEAR MANAGEMENT PRESENTS A COMPLETE DETAILED REPORT TO THE COMPENSATION COMMITTEE COMPOSED OF BOARD MEMBERS WITH RELATED BUSINESS EXPERIENCE. THE REPORT INCLUDES AN ANALYSIS OF CURRENT MARKET TRENDS, COMPARISON TO OTHER SIMILAR THINK TANK SALARIES GATHERED FROM 990S, AND AN ANALYSIS OF HOURS SPENT WORKING, JOB RESPONSIBILITIES, YEARS OF EXPERIENCE AND LEVEL OF EXPERTISE. THE COMPENSATION COMMITTEE APPROVES THE ANNUAL COMPENSATION PACKAGE FOR PRESENTATION AT THE ANNUAL MARCH BOARD MEETING FOR FULL APPROVAL OF THE ENTIRE VOTING BOARD. Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 985226. 0. 0. Form 990, Part IX, Line 11g Consulting Fees 1193765. 973594. 25314. 194857.