2014-02-14T13:07:49-06:00 2013-09-30 952399533 NSBN LLP 9454 WILSHIRE BLVD 4TH FLOOR BEVERLY HILLS CA 902122907 990 2012-10-01 953298239 THE REASON FOUNDATION REAS 3103912245 5737 MESMER AVENUE LOS ANGELES CA 902306316 DAVID NOTT 3103912245 2014-02-06 1 KENNETH W SCURLOCK P00436090 3102732501 2012 2015-11-30 17:44:51Z DAVID NOTT 5737 MESMER AVENUE LOS ANGELES CA 902306316 9294566 0 X WWW.REASON.ORG X 1978 CA TO ADVANCE A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW. WE USE JOURNALISM AND PUBLIC POLICY RESEARCH TO INFLUENCE THE FRAMEWORKS AND ACTIONS OF POLICYMAKERS, JOURNALISTS, AND OPINION LEADERS. 21 19 70 0 146354 0 8147254 8133170 895742 894048 83768 45331 -19918 -5726 9106846 9066823 0 0 0 0 4734453 5198093 0 0 1003070 4050409 3754563 8784862 8952656 321984 114167 7352487 7273642 2474484 2101322 4878003 5172320 X TO ADVANCE A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES, INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW. WE USE JOURNALISM AND PUBLIC POLICY RESEARCH TO INFLUENCE THE FRAMEWORKS AND ACTIONS OF POLICYMAKERS, JOURNALISTS, AND OPINION LEADERS. 0 0 1572209 REASON.TVPRODUCING FREE MARKET IDEAS THROUGH VIDEO JOURNALISM ONLINE459 VIDEOS PRODUCEDAVERAGE OF 819,000 VIDEOS PLAYED EACH MONTH (INCLUDES YOUTUBE.COM PLAYCOUNT) 2922353 744202 REASON MAGAZINEDISCUSSING "FREE MINDS AND FREE MARKETS" SINCE 196811 ISSUES PUBLISHED48,000 PAID/REQUESTED COPIES1,000 NEWSSTAND COPIES SOLDAVERAGE OF 3.0 MILLION USER VISITS PER MONTH AT REASONONLINE 2357597 REASON FOUNDATIONRESEARCH AND ANALYSIS OF ISSUES RELATING TO PRIVATIZATION, TRANSPORTATION, EDUCATION, LAND USE AND THE ENVIRONMENT; EDUCATIONAL OUTREACH FROM A LIBERTARIAN PERSPECTIVE TO POLICYMAKERS, RELEVANT STAKEHOLDERS AND THE GENERAL PUBLIC.13,400 ARTICLES CITING REASON EXPERTSTOTAL CIRCULATION OF ARTICLES: 936 MILLION1,634 MEDIA APPEARANCES BY REASON EXPERTS8 APPEARANCES TO PROVIDE LEGISLATIVE TESTIMONY; 38 POLICY STUDIES; 175 COMMENTARIES AND OP-EDS; 11 SURFACE TRANSPORTATION INNOVATIONS NEWSLETTERS; 11 AIR SECURITY NEWSLETTERS; 11 AIR TRAFFIC CONTROL NEWSLETTERS; 4 REASON REPORT NEWSLETTERS. 819479 819479 7671638 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 20 0 1 70 1 1 1 0 0 0 0 1 1 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT FL GA HI IL KS ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA DC WV WI KY LA MO X JONATHAN GRAFF 3103912245 5737 MESMER AVENUE LOS ANGELES CA 90230 THOMAS E BEACH 1.00 X X 0 0 0 BARON BOND 1.00 X 0 0 0 DREW A CAREY 1.00 X 0 0 0 DERWOOD S CHASE JR 1.00 X 0 0 0 JAMES R CURLEY 1.00 X 0 0 0 RICHARD J DENNIS 1.00 X 0 0 0 WILLIAM A DUNN 1.00 X 0 0 0 DAVID FLEMING 1.00 X 0 0 0 C BOYDEN GRAY 1.00 X 0 0 0 JAMES D JAMESON 1.00 X 0 0 0 MANUEL S KLAUSNER 1.00 X 0 0 0 DAVID H KOCH 1.00 X 0 0 0 JAMES LINTOTT 1.00 X 0 0 0 STEPHEN MODZELEWSKI 1.00 X 0 0 0 GEORGE F OHRSTROM 1.00 X 0 0 0 CAROL SANDERS 1.00 X 0 0 0 VERNON L SMITH 1.00 X 0 0 0 RICHARD A WALLACE 1.00 X 0 0 0 FRED M YOUNG JR 1.00 X 0 0 0 DAVID NOTT 40.00 X X 310000 0 0 ROBERT W POOLE JR 40.00 X X 200000 0 0 MICHAEL ALISSI 40.00 X 171833 0 0 NICHOLAS GILLESPIE 40.00 X 196667 0 0 JONATHAN GRAFF 40.00 X 164000 0 0 ADRIAN T MOORE 40.00 X 190000 0 0 JULIAN MORRIS 40.00 X 160000 0 0 MATT WELCH 40.00 X 173000 0 0 VICTORIA HUGHES 40.00 X 127500 0 0 1693000 0 0 12 0 1 0 0 110512 8022658 8133170 SUBSCRIPTION SALES 900099 742694 742694 ADVERTISING INCOME 511120 130043 130043 MAILING LIST RENTAL 511120 16311 16311 RESEARCH INCOME 900099 5000 5000 894048 45331 45331 220509 110512 227743 -7234 -7234 MISC. INCOME 900099 1508 1508 1508 9066823 744202 146354 43097 1693000 1242500 96600 353900 2956084 2674746 106977 174361 200227 168163 8662 23402 348782 297290 14376 37116 21990 18499 813 2678 20000 16824 740 2436 231387 212723 158 18506 233788 181516 7578 44694 302540 253633 11757 37150 508440 379546 2589 126305 87754 73388 3388 10978 93469 77258 3778 12433 CONTRACT SERVICES 1078089 1048893 12355 16841 MANUFACTURING AND DISTR 528639 528500 0 139 POSTAGE AND SHIPPING 132388 66828 -486 66046 ON-LINE SERVICES 114972 105822 2224 6926 401107 325509 6439 69159 8952656 7671638 277948 1003070 552344 801917 24883 104273 305350 302002 79069 97638 4051500 1002516 2538017 3048984 3670890 2877416 181934 41412 7352487 7273642 1070924 858706 364694 373099 1038866 869517 2474484 2101322 X 4778375 4831175 55349 296866 44279 44279 4878003 5172320 7352487 7273642 114167 180150 0 X X 0 1 X 1 0 X 6093799 6399733 7123746 8063133 8022658 35703069 6093799 6399733 7123746 8063133 8022658 35703069 35703069 78392 50137 59630 83768 45331 317258 1211 2082 1183 431 1508 6415 36026742 4085075 0.99100 0.98850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7870 7870 8174074 8181944 559097 139774 0 0 462539 505245 551649 559097 2078530 3117795 2077 9391 7870 19338 115635 126311 137912 139774 519632 779448 44279 44279 43279 1000 44279 42279 1000 43279 41279 1000 42279 40279 1000 41279 0 0 1908473 1908473 987972 23066 964906 23724 21725 1999 1131331 957725 173606 3048984 X 9474716 180150 227743 407893 9066823 0 9066823 9180399 227743 227743 8952656 0 8952656 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501 (C) (3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D). THE FOUNDATION IS SUBJECT TO A 2% (1% IF CERTAIN CRITERIA ARE MET) FEDERAL EXCISE TAX ON NET INVESTMENT INCOME. AS REQUIRED BY FASB ASC NUMBER 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT OF THE FOUNDATION DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE FOUNDATION'S RETURNS FOR THE YEARS ENDED SEPTEMBER 30, 2009, 2010, AND 2011, ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: REASON WEEKEND 227,743. PART XII, LINE 2D - OTHER ADJUSTMENTS: REASON WEEKEND 227,743. REASON WEEKEND 331021 110512 220509 227743 331021 110512 220509 227743 227743 -7234 X X X X 0 0 0 0 0 0 0 0 0 DAVID NOTT 235000 0 75000 0 0 0 0 0 0 0 310000 0 0 0 ROBERT W POOLE JR 200000 0 0 0 0 0 0 0 0 0 200000 0 0 0 MICHAEL ALISSI 130833 0 41000 0 0 0 0 0 0 0 171833 0 0 0 NICHOLAS GILLESPIE 156667 0 40000 0 0 0 0 0 0 0 196667 0 0 0 JONATHAN GRAFF 139000 0 25000 0 0 0 0 0 0 0 164000 0 0 0 ADRIAN T MOORE 155000 0 35000 0 0 0 0 0 0 0 190000 0 0 0 JULIAN MORRIS 130000 0 30000 0 0 0 0 0 0 0 160000 0 0 0 MATT WELCH 140000 0 33000 0 0 0 0 0 0 0 173000 0 0 0 TERI MOORE OFFICER'S SPOUSE 5262 RUNS A COMPANY WHICH PERFORMS EDITING SERVICES FOR THE FOUNDATION STUDIES. 0 KENDRA OKONSKI OFFICER'S SPOUSE 3442 CONTRACT WORK REGARDING PROMOTIONAL EVENTS. 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING WITH THE IRS THE DRAFT 990 WILL BE EMAILED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW, FEEDBACK WILL BE PROVIDED TO THE CFO. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS OF THE FOUNDATION WILL COMPLETE A FORM TO CERTIFY THAT THERE ARE NO EXISTING CONFLICTS. IF THERE ARE ANY CHANGES TO THAT STATUS THEY WILL COMPLETE AND SUBMIT ANOTHER FORM. OTHER EMPLOYEES HAVE CERTIFIED THAT THEY ARE AWARE OF THE POLICY AND WILL DISCUSS AND POTENTIAL CONFLICTS WITH THEIR IMMEDIATE SUPERVISOR. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE DATA WAS ASSEMBLED FROM PUBLIC 990 FILINGS FOR SIMILAR POSITIONS WITHIN OTHER NONPROFIT ORGANIZATIONS AND PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES WITH RECOMMENDATIONS FOR COMPENSATION. THE FINANCE COMMITTEE THEN DISCUSSED AND APPROVED COMPENSATION IN AN EXECUTIVE COMMITTEE MEETING OF THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST THE DOCUMENTS WILL BE MAILED OR E-MAILED TO THE REQUESTING PARTY. FORM 990, PART XI, LINE 2C THE ORGANIZATION'S AUDIT COMMITTEE ASSUMES OVERSIGHT OVER THE AUDIT PROCESS AND REVIEWS AND APPROVES THE AUDIT. THIS PROCESS HAS REMAINED THE SAME AS PRIOR YEAR.