2016-03-02T15:46:10-06:00 2015-08-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2014-09-01 541436224 Mercatus Center Inc MERC 7039934930 3434 Washington Blvd 4th Floor Arlington VA 22201 Gary Leff Treasurer 7039934930 2016-03-02 1 Lori A Collingsworth P00639819 7038930300 2016-03-02 2014 2016-08-17 19:52:53Z Gary Leff 3434 Washington Blvd 4th Floor Arlington VA 22201 24787733 0 X www.mercatus.org X 1994 VA To bridge the gap between academic research and public policy problems. 11 9 138 0 0 0 20389569 23735983 231490 294585 6747 -56869 57854 3884 20685660 23977583 1931566 1937444 0 0 9717053 11247342 0 0 1449409 6859607 6020727 18508226 19205513 2177434 4772070 13916983 18741605 4350358 4404864 9566625 14336741 X The Center educates students and is an organization that uses sound interdisciplinary research and application in the human sciences that integrates theory and practice to develop insights and tools that can sustainably advance a free, prosperous, and civil society. 0 0 5178577 750 Regulatory and Government Accountability Studies - Works within the university setting to improve the state of knowledge about regulations and their impact on society, and about the relationship between transparent and accountable processes and outcomes. 5554299 1921694 234389 Student 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. 2773127 0 16688 Communications - Improves the effectiveness of Mercatus outreach efforts, raises its public profile, and promotes its research and ideas to media and opinion shapers. 1648403 15000 0 Outreach - Brings education in economic ideas to key decision-makers in the public policy process. 1060597 0 44892 Public 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. 20529 0 2500 University Research & Teaching - Supports academic research and faculty activities at George Mason University to advance and apply a research agenda for understanding institutions and change. 2729529 15000 47392 16235532 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 382 0 1 138 1 0 0 0 0 0 1 1 0 0 0 0 X 11 9 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK AR AZ CA CO CT DE DC FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT ND NE NH NJ NM NV NY OH OK OR RI SC SD TN TX UT VA VT WA WY X The Center 7039934930 3434 Washington Blvd 4th Floor Arlington VA 22201 Tyler Cowen Chair 1.00 X X 0 0 0 Charles G Koch Director 1.00 X 0 0 0 Richard H Fink Director 1.00 X 0 0 0 Vernon Smith Director 1.00 X 0 0 0 Manuel H Johnson Director 1.00 X 0 0 0 Frank Atkinson Director 1.00 X 0 0 0 Edwin Meese Director 1.00 X 0 0 0 Menlo Smith Director 1.00 X 0 0 0 Don Boudreaux Director 1.00 X 52250 0 0 Emily Chamlee-Wright Director 1.00 X 0 0 0 Brian Hooks ED partial 2014/ Director 40.00 X 85000 0 6375 Gary Leff Treasurer 20.00 X 63250 0 5133 Carrie Conko Secretary 40.00 X 228750 0 4779 Dan Rothschild Chief Operating Officer 40.00 X 126250 0 7488 Veronique De Rugy Senior Research Fellow 40.00 X 228750 0 0 Virgil Storr Senior Research Fellow 40.00 X 201875 0 0 Jerome Ellig Senior Research Fellow 40.00 X 185625 0 0 Richard Williams Vice President, Policy Research 40.00 X 185000 0 0 James Musser Director of Outreach 40.00 X 181250 0 0 1538000 0 23775 32 0 1 0 Tilapia Film LLC 1188 Court Street 28 Elko NV 89801 Video Production for MrUniversity 198750 Dataprise Inc PO Box 62550 Baltimore MD 21264 Information Techonology Support 166917 Red Edge LLC 2300 Clarendon Blvd 901 Arlington VA 22201 Website Redesign 114597 Building Infrastructure Group Inc 14310 Sullyfield Circle Ste 400 Chantilly VA 20151 Build out of new office space 106845 4 23735983 987873 23735983 Conferences/ events 611710 278632 278632 Publications 511120 15953 15953 294585 7145 7145 746136 810150 -64014 -64014 -64014 Other receipts/reimbursements 900099 3260 3260 List rental 900099 624 624 3884 23977583 298469 0 -56869 X 1928540 1928540 1500 1500 7404 7404 639984 519760 60944 59280 9223476 7490802 878326 854348 703550 571385 66997 65168 680332 552528 64786 63018 24687 24687 16842 2199 5882 8761 2051233 1941066 82434 27733 268576 268306 138 132 843647 469336 85434 288877 333541 179456 152826 1259 449263 378972 35988 34303 955765 935291 12493 7981 634167 623901 9301 965 320664 270493 25687 24484 11349 6133 4661 555 Prof. development 69206 60390 6707 2109 Property taxes 13798 11639 1105 1054 List rental 10452 1973 8479 Employee recruitment 9252 9252 8285 5206 2176 903 19205513 16235532 1520572 1449409 5568818 7539124 7155106 9830356 27527 203553 121676 232635 2743090 1960942 973158 782148 70698 153789 13916983 18741605 861834 1749471 2996859 2032901 491665 622492 4350358 4404864 X 9187980 13987225 378645 349516 9566625 14336741 13916983 18741605 4772070 -1954 0 X X 0 1 X 1 0 X 11602622 13664579 16259316 20389569 23735983 85652069 11602622 13664579 16259316 20389569 23735983 85652069 33592934 52059135 113172 155977 159120 57230 7145 492644 18695 19124 39727 4532 3884 85962 86230675 498761 0.60370 0.60030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12413 3349 9064 2730677 1957593 773084 782148 Gift annuities 135107 Due to affiliate 487385 622492 X 24605110 -1954 629481 627527 23977583 0 23977583 19834994 629481 629481 19205513 0 19205513 Part X, Line 2: The Center did not have any significant uncertain tax positions at August 31, 2015 and 2014. 1 0 0 0 0 0 0 0 0 0 Student development/ education Europe (Including Iceland & Greenland) 3 7404 Check or wire 0 N/A N/A 0 0 0 0 0 0 Part I, Line 2: Grants are made to students pursuing academic degrees. In addition to substantial application materials, students must submit proof of enrollment in their institutions to substantiate that funds are being used for qualified educational expenses. Part I, line 3: Foreign expenditures are directly tracked and accounted for on the accrual method of accounting used for books. 1 George Mason University 4400 University Drive Fairfax VA 22030 540836354 501(c)(3) 1767290 0 N/A N/A General support-See Part IV George Mason University Foundation 4400 University Drive MSN 1A3 Fairfax VA 220304444 541603842 501(c)(3) 135500 0 N/A N/A General support-See Part IV Talent Market LLC (a dba of Donors Trust Inc) 109 N Henry Street Alexandria VA 22314 522166327 501(c)(3) 5000 0 N/A N/A Faculty and student support Atlas Economic Research Foundation 1201 L Street 2nd Floor Washington DC 20005 942676384 501(c)(3) 5000 0 N/A N/A General support Rochester Institute of Technology 1 Lomb Memorial Drive Rochester NY 14623 160743140 501(c)(3) 5000 0 N/A N/A General support Econ Journal Watch GMU Department of Economics 4400 University Drive MS 3G4 Fairfax VA 22030 540836354 501(c)(3) 10000 0 N/A N/A General support-See Part IV 6 0 Part I, Line 2: Faculty awards are given to those Center faculty members who are in good standing at the George Mason University and who actively engage in original research. Research projects are expected to result in scholarly journal articles, book manuscripts, monographs, or other quality products. Schedule I, 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. X X X X 0 0 0 0 0 0 0 0 0 Carrie Conko Secretary 178750 0 50000 0 0 0 0 0 4779 0 233529 0 0 0 Veronique De Rugy Senior Research Fellow 172500 0 56250 0 0 0 0 0 0 0 228750 0 0 0 Virgil Storr Senior Research Fellow 151875 0 50000 0 0 0 0 0 0 0 201875 0 0 0 Jerome Ellig Senior Research Fellow 150625 0 35000 0 0 0 0 0 0 0 185625 0 0 0 Richard Williams Vice President, Policy Research 170000 0 15000 0 0 0 0 0 0 0 185000 0 0 0 James Musser Director of Outreach 136250 0 45000 0 0 0 0 0 0 0 181250 0 0 0 X 15 987873 Fair market value 0 0 0 Form 990, Part VI, Section A, line 2 Richard Fink is Executive Vice President of Koch Industries, Inc. Charles G. Koch is Chairman and CEO of Koch Industries, Inc. Brian Hooks is the President of the Charles Koch Foundation. Form 990, Part VI, Section B, line 11 A 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 12c Conflicts 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 15 Officer 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 19 The 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 IX, line 11g General Contract Services: Program service expenses 736,308. Management and general expenses 82,139. Fundraising expenses 21,068. Total expenses 839,515. Honoraria, Fellowships, & Awards: Program service expenses 1,083,361. Management and general expenses 295. Fundraising expenses 0. Total expenses 1,083,656. Photography, Production, & Film: Program service expenses 121,397. Management and general expenses 0. Fundraising expenses 6,665. Total expenses 128,062. Form 990, Part XII, Line 2c: The Center's Board of Directors assumes responsibility for oversight of the audit, including selection of independent accountants. This process is consistent with prior years.