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        <FormAndLineReferenceDesc>Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o</FormAndLineReferenceDesc>
        <ExplanationTxt>The Institute has collections that are housed in the Ayn Rand Archives. These collections include the Ayn Rand Papers as well as other artifacts of historical significance and works of art. In accordance with accounting principles generally accepted in the United States of America, these items are not capitalized on the financial statements.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part III, Line 4: Description of organization's collections and how it furthers its purpose.</FormAndLineReferenceDesc>
        <ExplanationTxt>The Ayn Rand archives consist of two major holdings: The Ayn Rand Papers and The Special Collections.The Ayn Rand Papers comprises the personal papers and effects left by Ayn Rand at her death in 1982. This collection includes manuscripts, notes and outlines, business and personal correspondence, philosophic journals, research files, marginalia, clippings, photographs, calendars, address books, phonograph records, memorabilia, and recorded interviews and speeches. Also included is microfilm of The Ayn Rand Papers at the Library of Congress. These papers are drafts, typescripts and galleys of her novella, Anthem, and her three novels, We The Living, The Fountainhead, and Atlas Shrugged, plus some administrative material.The Special Collections is an ongoing collection of Ayn Rand-related material acquired since her death. It includes recordings of Ayn Rand's radio programs, lectures and interviews, oral history interviews, Russian academic and legal documents, translations of her work, biographical and philosophical articles about Ayn Rand, reviews and press mentions, screenplays, correspondence, objectivist periodicals, and materials from objectivist organizations.The Ayn Rand Archives procures, preserves, and provides access to Ayn Rand's personal papers and related documents.</ExplanationTxt>
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      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>true</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RebuttablePresumptionProcInd>false</RebuttablePresumptionProcInd>
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        <DeferredCompensationFlngOrgAmt>3000</DeferredCompensationFlngOrgAmt>
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        <PersonNm>Jerelyn Eagan</PersonNm>
        <TitleTxt>COO/Secretary</TitleTxt>
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        <TotalCompensationFilingOrgAmt>260000</TotalCompensationFilingOrgAmt>
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        <PersonNm>Julie Ferguson</PersonNm>
        <TitleTxt>VP of Bus. Oper</TitleTxt>
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        <PersonNm>Mark Chapman</PersonNm>
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        <TotalCompensationFilingOrgAmt>242570</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Onkar Ghate</PersonNm>
        <TitleTxt>VP Intellectual</TitleTxt>
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        <DeferredCompensationFlngOrgAmt>3000</DeferredCompensationFlngOrgAmt>
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        <PersonNm>Yaron Brook</PersonNm>
        <TitleTxt>President &amp; Dir</TitleTxt>
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        <DeferredCompensationFlngOrgAmt>3000</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>22836</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>310195</TotalCompensationFilingOrgAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part I, Line 1a: Relevant information in regards to selections on 1a.</FormAndLineReferenceDesc>
        <ExplanationTxt>Travel for family members of listed persons is paid or reimbursed only if the family member's travel is for bona fide business purposes.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part I, Line 7: Non-Fixed payments not listed above</FormAndLineReferenceDesc>
        <ExplanationTxt>Some of the officers and HCE listed received a discretionary bonus based on performance and other factors.</ExplanationTxt>
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        <NameOfInterested>
          <PersonNm>Niv Brook</PersonNm>
        </NameOfInterested>
        <RelationshipDescriptionTxt>Child of Ofc</RelationshipDescriptionTxt>
        <TransactionAmt>18360</TransactionAmt>
        <TransactionDesc>Employee</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Schedule L, Part V Supplemental Information</FormAndLineReferenceDesc>
        <ExplanationTxt>Part IV (1):Niv Brook is a Child of the Officer, Yaron Brook.</ExplanationTxt>
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    </IRS990ScheduleL>
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        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>7</ContributionCnt>
        <NoncashContributionsRptF990Amt>7884</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>Auction Price</MethodOfDeterminingRevenuesTxt>
      </ArtHistoricalTreasuresGrp>
      <BooksAndPublicationsGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <NoncashContributionsRptF990Amt>185</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>Donor Declared</MethodOfDeterminingRevenuesTxt>
      </BooksAndPublicationsGrp>
      <SecuritiesPubliclyTradedGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>18</ContributionCnt>
        <NoncashContributionsRptF990Amt>223946</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FMV</MethodOfDeterminingRevenuesTxt>
      </SecuritiesPubliclyTradedGrp>
      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <Desc>Software Licenses</Desc>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>4556</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>Donor Declared</MethodOfDeterminingRevenuesTxt>
      </OtherNonCashContriTableGrp>
      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <Desc>Hotel and theatre box</Desc>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>4400</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>Auction</MethodOfDeterminingRevenuesTxt>
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      <Form8283ReceivedCnt>1</Form8283ReceivedCnt>
      <AnyPropertyThatMustBeHeldInd>false</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>true</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>false</ThirdPartiesUsedInd>
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    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="13000170" softwareVersion="2013v4.0">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 11b: Form 990 Review Process</FormAndLineReferenceDesc>
        <ExplanationTxt>An electronic copy of the 990 is provided to each member of the board before it is filed with the Internal Revenue Service.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</FormAndLineReferenceDesc>
        <ExplanationTxt>Each officer &amp; director annually signs an acknowledgment stating that they have read, understand, and agree to comply with the conflict of interest policy. Governance committee has a review procedure for business dealings among board members and officers.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 15a: Compensation Review &amp; Approval Process - CEO, Top Management</FormAndLineReferenceDesc>
        <ExplanationTxt>For the executive director, the board determines the salary, considering factors such as salary surveys and comparable organizations.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</FormAndLineReferenceDesc>
        <ExplanationTxt>Form 990, governing documents, policies and financial statements are provided upon request.</ExplanationTxt>
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          <City>Irvine</City>
          <State>CA</State>
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        <PublicCharityStatusTxt>Line 11A, I</PublicCharityStatusTxt>
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        <ControlledOrganizationInd>true</ControlledOrganizationInd>
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      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
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      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
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      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
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      <SharingOfFacilitiesInd>true</SharingOfFacilitiesInd>
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