POLITICAL ECONOMY RESEARCH CENTER INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- POLITICAL ECONOMY RESEARCH CENTER INC (EIN 81-0393444)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-12
- IRS object ID
- 201421329349303372
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-12T15:38:33-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 810385940 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSON ZURMUEHLEN & CO PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1019 EAST MAIN STE 201 | AddressLine1 |
| City | BOZEMAN | City |
| State | MT | State |
| ZIP Code | 59715 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810393444 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROPERTY AND ENVIRONMENT RESEARCH CENTER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROP | BusinessNameControlTxt |
| Phone | 4065879591 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2048 ANALYSIS DRIVE NO A | AddressLine1 |
| City | BOZEMAN | City |
| State | MT | State |
| ZIP Code | 597186829 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAWRENCE REED WATSON | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4065879591 | PhoneNum |
| Signature | 2014-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KYLA Q STAFFORD | PreparerPersonNm |
| PTIN | P00249110 | PTIN |
| Phone | 4065566160 | PhoneNum |
| Preparation | 2014-05-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LAWRENCE REED WATSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2048 ANALYSIS DRIVE NO A | AddressLine1 |
| City | BOZEMAN | City |
| State | MT | State |
| ZIP Code | 597186829 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,307,149 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PERC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1981 | FormationYr |
| Legal Domicile State | MT | LegalDomicileStateCd |
| Activity Or Mission | PERC IS DEDICATED TO IMPROVING ENVIRONMENTAL QUALITY THROUGH MARKETS AND PROPERTY RIGHTS. PERC'S WORK CONSISTS OF RESEARCH, OUTREACH AND EDUCATION. PERC APPLIES ECONOMIC THINKING TO ENVIRONMENTAL PROBLEMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $1,208 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $208 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,668,697 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,281,434 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,636 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,515 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,727 | PYOtherRevenueAmt |
| CY Other Revenue | $4,819 | CYOtherRevenueAmt |
| PY Total Revenue | $1,678,060 | PYTotalRevenueAmt |
| CY Total Revenue | $2,288,768 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,111,435 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,103,805 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $274,294 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,093,484 | PYOtherExpensesAmt |
| CY Other Expenses | $911,268 | CYOtherExpensesAmt |
| PY Total Expenses | $2,204,919 | PYTotalExpensesAmt |
| CY Total Expenses | $2,015,073 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$526,859 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $273,695 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,074,156 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,005,156 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $635,728 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $293,033 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,438,428 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,712,123 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PERC IS DEDICATED TO IMPROVING ENVIRONMENTAL QUALITY THROUGH MARKETS AND PROPERTY RIGHTS. PERC'S WORK CONSISTS OF RESEARCH, OUTREACH AND EDUCATION. PERC APPLIES ECONOMIC THINKING TO ENVIRONMENTAL PROBLEMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $391,159 | ExpenseAmt |
| Desc | CONFERENCES AND SEMINARS (SEE NARRATIVE ON SCHEDULE O) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $992,741 | ExpenseAmt |
| Desc | PROJECTS (SEE NARRATIVE ON SCHEDULE O) | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,383,900 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 103 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 15 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAWRENCE REED WATSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4065879591 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2048 ANALYSIS DRIVE NO A | AddressLine1 |
| City | BOZEMAN | City |
| State | MT | State |
| ZIP Code | 597186829 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|
| THOMAS E BEACH | |||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LOREN D BOUGH | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS J BRAY | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HENRY N BUTLER | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TYLER DANN | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KIMBERLY O DENNIS | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH DONNER | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CARLOS FERNANDEZ | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN F HAYWARD | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN HOSTETTLER | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRED E KARLINSKY | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KRISTINA KENDALL | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANK-PAUL KING | |||||||
| VICE CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DWIGHT E LEE | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LEIGH H PERKINS | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RANKIN SMITH JR | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN F TOMLIN | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN YABLONSKI | |||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MONICA GUENTHER | |||||||
| CORPORATE SECRETARY | 40.00 | Yes (X) | $97,120 | $0 | $11,487 | ||
| TERRY ANDERSON | |||||||
| PRESIDENT | 40.00 | Yes (X) | $197,000 | $0 | $9,850 | ||
| DINO FALASCHETTI | |||||||
| EXECUTIVE DIRECTOR | 40.00 | $150,000 | $0 | $14,131 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $444,120 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $35,468 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,281,434 | AllOtherContributionsAmt |
| Total Contributions | $2,281,434 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,515 | TotalRevenueColumnAmt |
| Exclusion | $2,515 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,200 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $18,381 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,819 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,819 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,208 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,611 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,288,768 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,208 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,126 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,120 | TotalAmt |
| Program Services | $135,568 | ProgramServicesAmt |
| Management And General | $120,484 | ManagementAndGeneralAmt |
| Fundraising | $188,068 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $474,523 | TotalAmt |
| Program Services | $372,674 | ProgramServicesAmt |
| Management And General | $86,397 | ManagementAndGeneralAmt |
| Fundraising | $15,452 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,925 | TotalAmt |
| Program Services | $23,748 | ProgramServicesAmt |
| Management And General | $9,667 | ManagementAndGeneralAmt |
| Fundraising | $9,510 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,465 | TotalAmt |
| Program Services | $38,985 | ProgramServicesAmt |
| Management And General | $15,869 | ManagementAndGeneralAmt |
| Fundraising | $15,611 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,772 | TotalAmt |
| Program Services | $39,708 | ProgramServicesAmt |
| Management And General | $16,163 | ManagementAndGeneralAmt |
| Fundraising | $15,901 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,554 | TotalAmt |
| Program Services | $8,060 | ProgramServicesAmt |
| Management And General | $1,494 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,612 | TotalAmt |
| Management And General | $7,612 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $455,295 | TotalAmt |
| Program Services | $442,953 | ProgramServicesAmt |
| Fundraising | $12,342 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,625 | TotalAmt |
| Program Services | $8,523 | ProgramServicesAmt |
| Management And General | $28,102 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,151 | TotalAmt |
| Program Services | $15,845 | ProgramServicesAmt |
| Management And General | $6,306 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,301 | TotalAmt |
| Program Services | $891 | ProgramServicesAmt |
| Fundraising | $17,410 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,607 | TotalAmt |
| Program Services | $193,356 | ProgramServicesAmt |
| Management And General | $33,251 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,944 | TotalAmt |
| Program Services | $10,944 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,166 | TotalAmt |
| Program Services | $50,005 | ProgramServicesAmt |
| Management And General | $3,161 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,111 | TotalAmt |
| Management And General | $20,111 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DUES, SUBSCRIPTIONS, AN | $50,574 | $42,640 | $7,934 |
| TAXES | $328 | $328 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,015,073 | TotalAmt |
| Program Services | $1,383,900 | ProgramServicesAmt |
| Management And General | $356,879 | ManagementAndGeneralAmt |
| Fundraising | $274,294 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $432,575 | BOYAmt |
| EOY | $272,014 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $977,954 | BOYAmt |
| EOY | $1,303,446 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $937,700 | BOYAmt |
| EOY | $784,752 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,871 | BOYAmt |
| EOY | $1,231 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,070 | BOYAmt |
| EOY | $7,755 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,089,353 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $453,395 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,689,986 | BOYAmt |
| EOY | $1,635,958 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,074,156 | BOYAmt |
| EOY | $4,005,156 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,731 | BOYAmt |
| EOY | $28,330 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $587,997 | BOYAmt |
| EOY | $264,703 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $635,728 | BOYAmt |
| EOY | $293,033 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,906,909 | BOYAmt |
| EOY | $2,186,779 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,418,773 | BOYAmt |
| EOY | $1,412,598 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,746 | BOYAmt |
| EOY | $112,746 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,438,428 | BOYAmt |
| EOY | $3,712,123 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,074,156 | BOYAmt |
| EOY | $4,005,156 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $273,695 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,414,944 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,501,943 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,060,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,668,697 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,281,433 | CurrentTaxYearAmt |
| Total | $11,927,346 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,414,944 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,501,943 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,060,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,668,697 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,281,433 | CurrentTaxYearAmt |
| Total | $11,927,346 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,770,706 | SubstantialContributorsTotAmt |
| Public Support Total170 | $6,156,640 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $41,437 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,695 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,232 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,098 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,899 | CurrentTaxYearAmt |
| Total | $100,361 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $2,268 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,208 | CurrentTaxYearAmt |
| Total | $3,476 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $12,031,183 | TotalSupportAmt |
| Public Support CY170 | 0.51170 | PublicSupportCY170Pct |
| Public Support PY170 | 0.47500 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $112,746 | BeginningYearBalanceAmt |
| End Year Balance | $112,746 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $114,739 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $251 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,244 | OtherExpendituresAmt |
| End Year Balance | $112,746 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $114,243 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $496 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $114,739 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $113,878 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $365 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $114,243 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,655,427 | OtherCostOrOtherBasisAmt |
| Depreciation | $84,378 | DepreciationAmt |
| Book Value | $1,571,049 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,446 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,440 | DepreciationAmt |
| Book Value | $13,006 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $406,480 | OtherCostOrOtherBasisAmt |
| Depreciation | $362,244 | DepreciationAmt |
| Book Value | $44,236 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,333 | DepreciationAmt |
| Book Value | $7,667 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,635,958 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASE PAYABLE | $9,703 |
| NOTE PAYABLE | $255,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $264,703 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $2,308,842 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $1,693 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,693 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,307,149 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$18,381 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$18,381 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,288,768 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,035,146 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,693 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $18,381 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $20,074 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,015,072 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,015,072 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES |
| SCHEDULE D, PART XI, LINE 4B | RENTAL EXPENSE OF $18,381 IS REPORTED NET OF RENTAL REVENUE ON THE 990, AND INCLUDED AS EXPENSE ON THE FINANCIAL STATEMENTS. |
| SCHEDULE D, PART XII, LINE 4B | RENTAL EXPENSE OF $18,381 IS REPORTED NET OF RENTAL REVENUE ON THE 990, AND INCLUDED AS EXPENSE ON THE FINANCIAL STATEMENTS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TERRY ANDERSON | ||||||||||||||
| PRESIDENT | $197,000 | $0 | $0 | $0 | $0 | $0 | $9,850 | $0 | $0 | $0 | $206,850 | $0 | $0 | $0 |
| DINO FALASCHETTI | ||||||||||||||
| EXECUTIVE DIRECTOR | $150,000 | $0 | $0 | $0 | $0 | $0 | $7,500 | $0 | $6,631 | $0 | $164,131 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A | PROGRAM SERVICES: CONFERENCES AND SEMINARS ENVIROPRENEUR INSTITUTE: THE 14TH ANNUAL ENVIROPRENEUR INSTITUTE RAN FROM JUNE 23-JULY 2, 2013 IN BOZEMAN, MT. FOURTEEN ENVIRONMENTAL ENTREPRENEURS CAME FROM NINE STATES AND THREE FOREIGN COUNTRIES TO LEARN HOW PROPERTY RIGHTS, CONTRACTS, AND MARKETS CAN ENHANCE THE VALUE OF ENVIRONMENTAL ASSETS. THE CURRICULUM INCLUDED A LIBERTY FUND COLLOQUIUM TITLED, "PROPERTY RIGHTS, ENTREPRENEURSHIP AND THE ENVIRONMENT," FOLLOWED BY BUSINESS MANAGEMENT LECTURES, MENTORING SESSIONS, AND PROJECT DEVELOPMENT. THE TEN-DAY CURRICULUM CULMINATED WITH THE FIRST ANNUAL PERC SHARK TANK IN WHICH EACH FELLOW DELIVERED AN INVESTMENT PITCH TO A PANEL OF THREE ALUMNI. THE YEAR'S COHORT, ALONG WITH THE PROGRAM'S 200 ALUMNI, ARE GENERATING RETURNS ON PERC'S INVESTMENT IN ENVIROPRENEUR EDUCATION. SEVERAL 2013 INSTITUTE ALUMNI LAUNCHED CONSERVATION-BASED, FOR-PROFIT BUSINESSES AND DESCRIBED THEIR EXPERIENCE AT PERC AS AN IMPORTANT CATALYST. THE WORK OF THESE ENVIROPRENEURS PROVES THE VALUE AND REAL-WORLD APPLICABILITY OF FREE MARKET ENVIRONMENTALISM. TO EMPOWER THESE ALUMNI, FACILITATE NETWORKING BETWEEN THEM, AND SHOWCASE THEIR SUCCESSES, THE APPLIED PROGRAMS TEAM BUILT A SEARCHABLE ALUMNI DATABASE. WE ALSO BEGAN PLANNING AND FUNDRAISING FOR AN EXPANDED ENVIROPRENEUR INSTITUTE TO INCLUDE A BUSINESS INCUBATOR AND EXECUTIVE EDUCATION PROGRAMMING. LIBERTY FUND COLLOQUIA: PERC IS THE PREMIER RESEARCH INSTITUTE FOR STUDYING THE APPLICATION OF PROPERTY RIGHTS AND MARKETS, PERC'S CO-SPONSORED PROGRAMS WITH LIBERTY FUND ARE DESIGNED TO EXPAND AND INCREASE THE SCOPE OF FREE MARKET ENVIRONMENTALISM. THROUGH THE "COLLOQUIA SERIES ON MARKETS, FREEDOM, AND THE ENVIRONMENT," WE PROVE THAT WITHOUT ENVIRONMENT AND LIBERTY, WE ARE AT RISK OF LOSING BOTH. IN 2013 WE CO-HOSTED SIX COLLOQUIA INCLUDING ONE FOR PROFESSIONALS, "PROPERTY RIGHTS, ECONOMIC GROWTH, AND THE ENVIRONMENT: APPLICATIONS TO NATIVE AMERICAN SOCIETIES"; TWO FOR ACADEMICS, "RECONCILING ECOLOGY AND ECONOMICS: PROCESSES AND PROPERTY RIGHTS," AND "HAYEK, COASE, AND ECOSYSTEM SERVICES"; ONE FOR ENVIROPRENEURS, "LIBERTY AND THE PROGRESS OF THE HUMAN CONDITION"; ONE FOR ENVIRONMENTAL ENTREPRENEURS, "PROPERTY RIGHTS, ENTREPRENEURSHIP, AND THE ENVIRONMENT"; AND ANOTHER FOR UNDERGRADUATE STUDENTS, "FREE MARKET ENVIRONMENTALISM AND THE INSTITUTIONS OF LIBERTY." SEARLE FREEDOM TRUST WORKSHOPS: INITIATED IN 2009, THE FUNDAMENTAL GOAL OF PERC'S "WORKSHOP SERIES ON MARKETS, PROPERTY RIGHTS, AND THE ENVIRONMENT" IS TO EXPOSE MORE SCHOLARS AND POLICY MAKERS TO THE IDEAS OF FREE MARKET ENVIRONMENTALISM (FME). AFTER HOSTING THIS WORKSHOP SERIES FOR FIVE YEARS, PERC HAS BROUGHT 201 PARTICIPANTS TO PERC WORKSHOPS, OF WHICH 64 PERCENT WERE NEW TO PERC. IN 2013, WE CO-HOSTED FOUR WORKSHOPS INCLUDING "RECONCILING ECOLOGY & ECONOMICS: PROCESSES AND PROPERTY RIGHTS," "ENVIRONMENTAL FEDERALISM," "ECONOMIC DEVELOPMENT AND TRIBAL CULTURE: TENSIONS BETWEEN ASSIMILATION AND CULTURE," AND "ENERGY POLICY: POLITICAL, LEGAL, AND ECONOMIC ISSUES." |
| FORM 990, PART III, LINE 4B | PROGRAM SERVICES: PROJECTS "FREE MARKET ENVIRONMENTALISM FOR THE NEXT GENERATION" BOOK MANUSCRIPT: A MAJOR FOCUS OF PERC'S RESEARCH IN 2013 WAS ON WRITING FREE MARKET ENVIRONMENTALISM FOR THE NEXT GENERATION. IN 1991, WE PUBLISHED THE FIRST EDITION OF FREE MARKET ENVIRONMENTALISM (PACIFIC RESEARCH INSTITUTE). THE BOOK WAS A PACESETTER IN EXPLAINING HOW MANY GOVERNMENT POLICIES WERE FAILING TO IMPROVE ENVIRONMENTAL QUALITY AND HOW PROPERTY RIGHTS AND MARKETS COULD PROVIDE AN ALTERNATIVE. AT THAT TIME, THE NOTION THAT MARKETS AND THE ENVIRONMENT COULD BE HARMONIZED WAS MET WITH SKEPTICISM BECAUSE MOST ENVIRONMENTALISTS SAW MARKETS AS THE ENEMY OF THE ENVIRONMENT. HOWEVER, THE BOOK WAS WELL RECEIVED BY THOSE SEEKING EFFECTIVE ALTERNATIVES FOR IMPROVING ENVIRONMENTAL QUALITY, AND THE SEEDS OF FREE MARKET ENVIRONMENTALISM SPROUTED. BY THE TIME FREE MARKET ENVIRONMENTALISM (PALGRAVE) WAS REVISED IN 2001, A SEA CHANGE HAD OCCURRED. FOR EXAMPLE, WITH A MORE CONSERVATIVE PRESIDENT IN THE WHITE HOUSE, GROUPS WANTING FEWER CATTLE GRAZING ON FEDERAL LANDS WERE ABANDONING SLOGANS SUCH AS "NO MOO IN '92" AND "CATTLE FREE IN '93" AND, INSTEAD, WERE PROPOSING TO PURCHASE AND RETIRE GRAZING PERMITS FROM RANCHERS WILLING TO SELL THEM. WATER MARKETS WERE BEING USED TO PURCHASE OR LEASE WATER TO INCREASE STEAM FLOWS FOR FISH, AND TRADABLE FISHING PERMITS WERE REDUCING THE TRAGEDY OF THE COMMONS THAT PLAGUE MANY OCEAN FISHERIES. HENCE, THE 2001 EDITION OF FREE MARKET ENVIRONMENTALISM REPRESENTED A SHIFT FROM ENVIRONMENTAL MARKETS IN THEORY, TO ENVIRONMENTAL MARKETS IN PRACTICE. FREE MARKET ENVIRONMENTALISM FOR THE NEXT GENERATION PROVIDES A VISION FOR THE FUTURE OF ENVIRONMENTALISM BASED ON THE SUCCESS OF ENVIRONMENTAL ENTREPRENEURS AROUND THE WORLD. THE ORIGINAL TITLE HAS BEEN EXPANDED WITH A DOUBLE ENTENDRE-THE BOOK PROVIDES THE NEXT GENERATION OF ENVIRONMENTAL MARKET IDEAS AND THE CHAPTERS ARE CO-AUTHORED WITH YOUNG SCHOLARS AND POLICY ANALYSTS WHO REPRESENT THE NEXT GENERATION OF ENVIRONMENTAL LEADERS. WE HAVE RETAINED THE ORIGINAL TITLE BECAUSE IT IS WELL KNOWN TO ENVIRONMENTAL SCHOLARS, POLICY ANALYSTS, PRACTITIONERS, BUT EVERY CHAPTER IS ENTIRELY NEW. WEALTH OF INDIAN NATIONS: SINCE THE EARLY 1990S, PERC SCHOLARS HAVE BEEN EXAMINING THE EFFECT OF PROPERTY RIGHTS ON ECONOMIC DEVELOPMENT IN INDIAN COUNTRY, GENERALLY, AND SPECIFICALLY ON THE USE OF VALUABLE RESERVATION NATURAL RESOURCES. THANKS TO SUPPORT FROM THE M.J. MURDOCK CHARITABLE TRUST, OVER THE PAST TWO YEARS PERC SCHOLARS HAVE ADVANCED THIS RESEARCH ON THE "WEALTH OF INDIAN NATIONS." PERC SCHOLARS HAVE CONDUCTED RESEARCH THAT HAS BEEN PUBLISHED IN PROFESSIONAL JOURNALS, BOOKS, NEWSPAPERS, AND PERC PUBLICATIONS. IN ADDITION, PERC HOSTED A CONFERENCE SPONSORED BY LIBERTY FUND, SEARLE FREEDOM TRUST, AND M.J. MURDOCK CHARITABLE TRUST THAT FOCUSED ON THE WEALTH OF INDIAN NATIONS. THIS PROGRAM ATTRACTED 29 ATTENDEES, WHICH CONSISTED OF SCHOLARS, POLICY MAKERS, AND TRIBAL LEADERS. WE WERE ESPECIALLY PLEASED THAT THIS CONFERENCE HAD REPRESENTATIVES FROM MULTIPLE TRIBES, INCLUDING THREE MAORI TRIBAL LEADERS FROM NEW ZEALAND. ESPECIALLY IMPORTANT IS OUR WORK THAT FOCUSED ON THE POTENTIAL FOR ENERGY DEVELOPMENT ON RESERVATIONS AND THE DEVELOPMENT THAT IS THWARTED BY THE PROPERTY AND REGULATORY INSTITUTIONS THAT GOVERN TRIBES. AS A RESULT OF THIS RESEARCH, PERC WAS INVITED TO JOIN A GROUP OF MONTANA LEGISLATORS ON A TOUR OF THE CROW RESERVATION WHERE HE MET TRIBAL CHAIRMAN. VISITING SCHOLARS: PERC OFFERS A WIDE RANGE OF FELLOWSHIPS TO EXPOSE NEW SCHOLARS, STUDENTS, ENVIRONMENTAL ENTREPRENEURS, AND POLICY MAKERS TO FREE MARKET ENVIRONMENTALISM WHICH IN TURN GENERATES RESEARCH OUTPUT, WHICH CAN BE PUBLISHED IN VARIOUS VENUES TO HELP FURTHER DEMONSTRATE HOW PROPERTY RIGHTS AND MARKETS ARE WORKING TO PROVIDE ENVIRONMENTAL QUALITY. THIS YEAR PERC HOSTED 28 VISITING SCHOLARS INCLUDING JULIAN SIMON FELLOWS, LONE MOUNTAIN FELLOWS, AND GRADUATE FELLOWS. THESE FELLOWSHIPS HAVE HELPED PERC ATTRACT SCHOLARS FROM MULTIPLE UNIVERSITIES WHO COME KNOWING THAT THEY WILL HAVE AN OPPORTUNITY TO CONDUCT THEIR RESEARCH AND HAVE IT CRITIQUED IN A CONSTRUCTIVE AND PRODUCTIVE ATMOSPHERE. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE ORGANIZATION'S PRESIDENT AND SECRETARY ARE MARRIED. |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT COPY OF THE FORM 990 IS APPROVED BY THE FINANCE COMMITTEE PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF DIRECTORS ESTABLISHED A GRIEVANCE COMMITTEE TO ESTABLISH A CORRIDOR AND ACCESS FOR PERC EMPLOYEES TO THE BOARD OF DIRECTORS SHOULD ANY CONFLICTS OF INTEREST ARISE. THE GRIEVANCE COMMITTEE CONSISTS OF ONE PERC EMPLOYEE AND 2 PERC DIRECTORS. THESE INDIVIDUALS REPORT TO THE ENTIRE BOARD AT EACH BOARD MEETING (TWICE PER YEAR). TO DATE, THIS COMMITTEE HAS HAD NOTHING TO REPORT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMPENSATION IS REVIEWED AND ESTABLISHED ON AN ANNUAL BASIS. A NUMBER OF PERC DIRECTORS SIT ON OTHER NATIONAL NONPROFIT BOARDS AND HAVE AN ACCURATE ASSESSMENT OF CEO PAY FOR NONPROFIT LEADERS WHO HAVE SENIOR SCHOLARSHIP STATUS. THE CEO'S ANNUAL PERFORMANCE IS REVIEWED BY THE BOARD AT THE WINTER BOARD MEETING AND ANY MERIT PAY APPROVED TIES DIRECTLY TO THE PERCENTAGE GIVEN TO THE PERC STAFF AT THEIR ANNUAL YEAR-END MERIT REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST, THESE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION. |
| FORM 990, PART IX, LINE 11G | HONORARIA: PROGRAM SERVICE EXPENSES 256,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 256,300. RESEARCH AND FELLOWSHIPS: PROGRAM SERVICE EXPENSES 186,653. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186,653. FUNDRAISING AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 12,342. TOTAL EXPENSES 12,342. |
| FORM 990, PART XI, LINE 2C | THE OVERSIGHT PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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