2015-08-14T10:36:02-05:00 2014-12-31 942290202 SHEA LABAGH DOBBERSTEIN PC 505 MONTGOMERY STREET FIFTH FLOOR SAN FRANCISCO CA 94111 990 2014-01-01 942528433 PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY PACI 4159890833 101 MONTGOMERY STREET SUITE 1300 SAN FRANCISCO CA 94104 SARA C PIPES PRESIDENT & CEO 4159890833 2015-08-12 1 RONALD K SIMONIAN P00232207 4153974444 2015-08-12 2014 2016-03-07 17:11:31Z X SARA C PIPES 101 MONTGOMERY STREET SUITE 1300 SAN FRANCISCO CA 94104 5005996 0 X WWW.PACIFICRESEARCH.ORG X 1978 CA CHAMPIONS FREEDOM, OPPORTUNITY AND RESPONSIBILITY BY ADVANCING FREE-MARKET POLICY SOLUTIONS. 16 15 9 15 0 0 6611623 4600448 24046 0 6411 6306 39047 3315 6681127 4610069 0 200000 0 0 1243914 1137188 0 0 537498 2033015 2248876 3276929 3586064 3404198 1024005 8252628 9194445 284608 201178 7968020 8993267 X PRI CHAMPIONS FREEDOM, OPPORTUNITY, AND PERSONAL RESPONSIBILITY BY ADVANCING FREE-MARKET POLICY SOLUTIONS. THE INSTITUTE PROVIDES PRACTICAL SOLUTIONS FOR THE POLICY ISSUES THAT IMPACT THE DAILY LIVES OF ALL AMERICANS AND DEMONSTRATES WHY THE FREE (CONT'D ON SCHEDULE O) MARKET IS MORE EFFECTIVE THAN THE GOVERNMENT AT PROVIDING THE IMPORTANT RESULTS WE ALL SEEK: GOOD SCHOOLS, QUALITY HEALTH CARE, A CLEAN ENVIRONMENT, AND A ROBUST ECONOMY. 0 0 648336 THE CENTER FOR HEALTH CARE PROPOSES HEALTH CARE SOLUTIONS THAT EMPOWER DOCTORS AND PATIENTS, NOT THE FEDERAL GOVERNMENT. THIS IS THE ONLY WAY AFFORDABLE, ACCESSIBLE, QUALITY CARE WILL BE ACHIEVED FOR ALL AMERICANS. PRI EDUCATES AMERICANS ON THE IMPORTANCE OF MARKET-BASED SOLUTIONS THROUGH BOOKS, WHITE PAPERS, BRIEFS, OP-EDS, CITATIONS IN NEWSPAPERS AND MAGAZINES, SPEECHES AND DEBATES, RADIO AND TV INTERVIEWS, AND INVITED TESTIMONY. IN 2013, ENCOUNTER BOOKS RELEASED THE CURE FOR OBAMACARE BY PRI PRESIDENT SALLY PIPES. THE BROADSIDE OUTLINED ALTERNATIVE REFORMS TO THE AFFORDABLE CARE ACT WHICH BECAME LAW IN MARCH 2010. MS. PIPES WRITES A BI-WEEKLY COLUMN ON HEALTH CARE REFORM FOR FORBES.COM. HER OP-EDS ARE PUBLISHED REGULARLY IN NEWSPAPERS SUCH AS THE WALL STREET JOURNAL, INVESTOR'S BUSINESS DAILY, NEW YORK POST, AND THE ORANGE COUNTY REGISTER, TO NAME A FEW. SHE APPEARS ON SUCH NATIONAL RADIO SHOWS AS THE JERRY DOYLE SHOW, THE DENNIS PRAGER SHOW, AND ON NEWSMAX. 654787 200000 CALWATCHDOG IS AN INDEPENDENT NEWS WEBSITE THAT EPITOMIZES THE NEW MODEL OF NON-PROFIT-FUNDED JOURNALISM, WHICH HAS BEEN WIDELY CHAMPIONED AS AN ANTIDOTE TO DECLINING NEWSPAPER CIRCULATION. STATE GOVERNMENT IS ITS FOCUS, INCLUDING REGIONAL STORIES OF STATEWIDE INTEREST. IT HAS CREATED A YOUTUBE CHANNEL, INCREASED ITS SUBSCRIBER BASE, GREW ITS FACEBOOK AND TWITTER FOLLOWERS, PRODUCED A MUNICIPAL BANKCRUPTCY REPORT AND HAD ITS INVESTIGATIVE NEWS STORIES PICKED UP IN THE MAINSTREAM MEDIA. 506778 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 INSTITUTE'S SCHOLARS ADVANCE PARENTAL CHOICE IN EDUCATION, HIGH ACADEMIC STANDARDS, CHARTER SCHOOLS, TEACHER QUALITY, AND SCHOOL FINANCE REFORM. 245691 WEBSITE AND BUILDING DEVELOPMENT CAPACITY 654 THE CENTER FOR BUSINESS AND ECONOMICS (FORMERLY BUSINESS AND ECONOMICS STUDIES PROGRAM) EXAMINES HOW THE ENTREPRENEURIAL SPIRIT, THE ENGINE OF ECONOMIC GROWTH AND OPPORTUNITY, IS STIFLED BY ONEROUS TAXES, REGULATIONS, AND HEALTH-CARE POLICIES. THE INSTITUTE'S SCHOLARS RECOMMEND COMPREHENSIVE PUBLIC-POLICY REFORMS THAT WILL MAINTAIN A ROBUST ECONOMY, ENSURE CONSUMER CHOICE, AND SPUR CREATIVITY AND INNOVATION. 61740 CENTER FOR CALIFORNIA REFORM - UNDER PRI'S NEW CENTER FOR CALIFORNIA REFORM, SCHOLARS WILL PROVIDE THE INTELLECTUAL SUPPORT FOR PUBLIC SECTOR PENSION REFORM AND EDUCATE LAWMAKERS, THE MEDIA, AND THE PUBLIC OVER THE NEXT TWO YEARS IN ORDER TO BUILD SUPPORT FOR MAJOR REFORMS IN THE YEARS AHEAD. THE GOAL OF THE CENTER IS TO REINVIGORATE CALIFORNIA'S ENTREPRENEURIAL, SELF-RELIANT TRADITIONS - PUTTING THE "GOLD BACK INTO THE GOLDEN STATE." 151946 THE LAFFER CENTER AT THE PACIFIC RESEARCH INSTITUTE PRODUCES ORIGINAL RESEARCH TO WEIGH IN ON THE ISSUES OF THE DAY AT THE STATE AND FEDERAL LEVEL, AS WELL AS IMPORTANT GLOBAL ECONOMIC ISSUES, WITH A RIGOROUS EXAMINATION OF THE ROLE OF MARKET INCENTIVES IN PUBLIC POLICY. 187145 THE CENTER FOR ENVIRONMENT (FORMERLY ENVIRONMENT STUDIES PROGRAM) REVEALS THE DRAMATIC AND LONG-TERM TREND TOWARDS A CLEANER, HEALTHIER ENVIRONMENT. IT ALSO EXAMINES AND PROMOTES THE ESSENTIAL INGREDIENTS FOR ABUNDANT RESOURCES AND ENVIRONMENTAL QUALITY - PROPERTY RIGHTS, MARKETS, LOCAL ACTION, AND PRIVATE INITIATIVE. 143209 GENERAL PROGRAM EXPENSES 790385 2600286 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 60 0 1 9 1 0 0 0 0 0 1 1 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NJ NY X PACIFIC RESEARCH INSTITUTE 4159890833 101 MONTGOMERY STREET SUITE 1300 SAN FRANCISCO CA 94104 KATHERINE H ALDEN BOARD MEMBER 1.00 X 0 0 0 PETER C FARRELL PHD BOARD MEMBER 1.00 X 0 0 0 CLARK S JUDGE CHAIRMAN 1.00 X 0 0 0 DANIEL M KOLKEY BOARD MEMBER 1.00 X 0 0 0 THOMAS C MAGOWAN BOARD SECRETARY-TREASURER 1.00 X 0 0 0 DANIEL OLIVER CHAIRMAN EMERITUS 1.00 X 0 0 0 RICHARD A WALLACE BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER WRIGHT BOARD MEMBER 1.00 X 0 0 0 SARA C PIPES PRESIDENT & CEO 40.00 X X 343992 0 12259 CHRISTOPHER COX BOARD MEMBER 1.00 X 0 0 0 SANDRA E GALE BOARD MEMBER 1.00 X 0 0 0 THEODORE W ULLYOT BOARD MEMBER 1.00 X 0 0 0 RUSSELL A JOHNSON BOARD MEMBER 1.00 X 0 0 0 LARRY C BOYD BOARD MEMBER 1.00 X 0 0 0 BRUCE MARGETSON BOARD MEMBER 1.00 X 0 0 0 SEAN M MCAVOY BOARD MEMBER 1.00 X 0 0 0 CHRISTINE HUGHES VICE PRESIDENT 40.00 X 162177 0 2544 ROWENA ITCHON VICE PRESIDENT, MARKETING 40.00 X 173936 0 6643 LANCE T IZUMI SENIOR DIRECTOR, CE 40.00 X 159000 0 0 839105 0 21446 4 0 1 0 KEYBRIDGE COMMUNICATIONS 1722-A WISCONSIN AVE NW 21 WASHINGTON DC 20007 PUBLIC RELATIONS 225164 WILEY REIN LLP 1776 K STREET NW WASHINGTON DC 20006 RESEARCH 135265 GAMBIT CONSULTING 177 RIVERSIDE AVE SUITE F NEWPORT BEACH CA 92663 CONSULTING 102000 3 471250 4129198 34398 4600448 6306 6306 904 904 34398 34398 0 0 361529 471250 361529 0 275 0 275 275 OTHER INCOME 541700 2136 2136 2136 4610069 2411 0 7210 X 200000 200000 860552 501966 154269 204317 190097 95495 44043 50559 30606 12892 13107 4607 55933 30632 11235 14066 252228 244081 8147 139330 55182 58091 26057 537363 517410 3450 16503 310141 295897 6538 7706 121363 32795 58204 30364 46869 25051 10325 11493 213265 121743 41117 50405 129894 86119 17833 25942 131788 106225 25563 37631 27057 4982 5592 33858 20653 6131 7074 PUBLICATIONS & NEWSLETT 203949 160051 4436 39462 DIRECT MAIL PROGRAM 84825 67037 17788 EQUIPMENT RENTAL & MAIN 6372 6372 3586064 2600286 448280 537498 1157811 1208011 3788191 6876102 3063783 824540 1292 13361 84527 127510 422052 405425 37127 16627 15834 17076 104063 111218 8252628 9194445 284608 201178 284608 201178 X 3237789 5000548 4730231 3992719 7968020 8993267 8252628 9194445 1024005 1242 0 X X 0 1 X 1 0 X 3802879 4605681 4665391 6611623 4600448 24286022 3802879 4605681 4665391 6611623 4600448 24286022 24286022 44470 100925 10108 14336 7210 177049 3205 129 98 27329 2136 32897 24495968 109447 0.99140 0.99000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 7200 0 0 7200 0 PART II-B, LINE 1: MEETINGS WITH CONGRESSIONAL MEMBERS ON ISSUES RELATED TO PRI'S PUBLIC POLICY RESEARCH. 127604 115423 12181 92141 88250 3891 202307 201752 555 16627 X 4972840 1242 361529 362771 4610069 0 4610069 3947593 361529 361529 3586064 0 3586064 PART 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 TAXATION CODE SECTION 23701D, RESPECTIVELY. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE INSTITUTE IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE INSTITUTE IS SUBJECT TO EXAMINATION FOR THE 2011 THROUGH 2013 TAX YEARS BY FEDERAL TAXING AUTHORITIES AND FOR THE 2010 THROUGH 2013 TAX YEARS BY STATE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 361,529. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 361,529. ANNUAL GALA DINNER 552200 368453 183747 62264 121483 THATCHER DINNER 280579 102797 177782 48344 129438 832779 471250 361529 110608 250921 361529 0 0 SMALL BUSINESS ACTION COMMITTEE FOUNDATION 32302 CAMINO CAPISTRANO214 SAN JUAN CAPISTRANO CA 92675 571190056 501(C)(3) 200000 SUPPORT 1 X X X X X 0 0 0 0 0 0 0 0 0 SARA C PIPES PRESIDENT & CEO 343992 0 0 0 0 0 0 0 12259 0 356251 0 0 0 CHRISTINE HUGHES VICE PRESIDENT 162177 0 0 0 0 0 0 0 2544 0 164721 0 0 0 ROWENA ITCHON VICE PRESIDENT, MARKETING 173936 0 0 0 0 0 0 0 6643 0 180579 0 0 0 LANCE T IZUMI SENIOR DIRECTOR, CE 159000 0 0 0 0 0 0 0 0 0 159000 0 0 0 X 6 34398 FAIR MARKET VALUE X SFS SEATS, BALLOONS, FOOD, AND WINE 1 11165 COMPARABLE SALES X WINE FOR SPECIAL EVENTS 2 8124 COMPARABLE SALES X FLORAL ARRANGEMENTS FOR GALA 1 1500 COMPARABLE SALES 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE TAXPAYER'S ACCOUNTING FIRM FORWARDS THE FORM 990 TO THE TREASURER. THE TREASURER THEN FORWARDS THE FORM 990 TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE FORM 990. BOARD MEMBERS ARE ENCOURAGED TO REVIEW THE FORM 990 AND TO FORWARD THEIR QUESTIONS TO THE TREASURER. THE ACCOUNTING FIRM ADDRESSES ALL QUESTIONS FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE MONITORS ITS POLICY THROUGH REGULAR REVIEWS. THE DISCOVERY OF ANY CONFLICTS ARE ADDRESSED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 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 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 BY THE ENTIRE VOTING BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 517,410. MANAGEMENT AND GENERAL EXPENSES 3,450. FUNDRAISING EXPENSES 16,503. TOTAL EXPENSES 537,363. FORM 990, PART XII, LINE 2C THE ROLE AND PROCESS OF THE AUDIT COMMITTEE HAS NOT CHANGED FROM PRIOR YEARS.