2013-02-15T13:31:10-06:00 2012-09-30 952399533 NSBN LLP 9454 WILSHIRE BLVD 4TH FLOOR BEVERLY HILLS CA 902122907 990 2011-10-01 953298239 THE REASON FOUNDATION REAS 3103912245 5737 MESMER AVENUE LOS ANGELES CA 902306316 DAVID NOTT 3103912245 2013-02-14 1 JENIFER SIOU P00616514 3102732501 2011 2016-03-07 17:11:31Z X DAVID NOTT 5737 MESMER AVENUE LOS ANGELES CA 902306316 9281200 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 62 0 125869 0 7179389 8147254 757865 895742 59630 83768 81178 -19918 8078062 9106846 0 0 0 0 4162930 4734453 0 0 935628 3623732 4050409 7786662 8784862 291400 321984 5344900 7352487 1091966 2474484 4252934 4878003 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 1368694 REASON.TVPRODUCING FREE MARKET IDEAS THROUGH VIDEO JOURNALISM ONLINE504 VIDEOS PRODUCEDAVERAGE OF 917,000 VIDEOS PLAYED EACH MONTH (INCLUDES YOUTUBE.COM PLAYCOUNT) 2961200 765304 REASON MAGAZINEDISCUSSING "FREE MINDS AND FREE MARKETS" SINCE 196811 ISSUES PUBLISHED50,000 PAID/REQUESTED COPIES1,000 NEWSSTAND COPIES SOLDAVERAGE OF 2.4 MILLION USER VISITS PER MONTH AT REASONONLINE 2229354 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 PUBLIC10,000 ARTICLES CITING REASON EXPERTSTOTAL CIRCULATION OF ARTICLES: 850 MILLION1,247 MEDIA APPEARANCES BY REASON EXPERTS13 APPEARANCES TO PROVIDE LEGISLATIVE TESTIMONY; 21 POLICY STUDIES; 12 SURFACE TRANSPORTATION INNOVATIONS NEWSLETTERS; 12 AIR SECURITY NEWSLETTERS; 12 AIR TRAFFIC CONTROL NEWSLETTERS; 4 REASON REPORT NEWSLETTERS. 757732 757732 7316980 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 0 1 30 0 1 62 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 287231 0 0 ROBERT W POOLE JR 40.00 X X 253322 0 0 MICHAEL ALISSI 40.00 X 159667 0 0 NICHOLAS GILLESPIE 40.00 X 205807 0 0 JONATHAN GRAFF 40.00 X 157309 0 0 ADRIAN T MOORE 40.00 X 172282 0 0 JULIAN MORRIS 40.00 X 47001 0 0 MATT WELCH 40.00 X 149649 0 0 1432268 0 0 7 0 1 0 0 84121 8063133 8147254 SUBSCRIPTION SALES 900099 764873 764873 ADVERTISING INCOME 511120 108930 108930 MAILING LIST RENTAL 511120 16939 16939 RESEARCH INCOME 900099 5000 5000 895742 83768 83768 154005 84121 174354 -20349 -20349 MISC. INCOME 900099 431 431 431 9106846 765304 125869 68419 1432269 1134015 91647 206607 2800927 2368971 108819 323137 202428 166481 9821 26126 298829 248315 13594 36920 4113 3800 86 227 15000 12366 712 1922 247876 234206 1135 12535 136446 110343 5720 20383 383758 321242 17410 45106 543384 421677 10291 111416 22749 18848 1066 2835 78769 65877 3730 9162 CONTRACT SERVICES 1292235 1260421 7033 24781 MANUFACTURING AND DISTR 526071 525460 16 595 UNFULFILLED PLEDGES 250000 0 250000 0 MISCELLANEOUS 106141 93334 5044 7763 443867 331624 6130 106113 8784862 7316980 532254 935628 537954 552344 678660 24883 476889 305350 67758 79069 3452779 914762 31038 2538017 3428157 3670890 124444 181934 5344900 7352487 664207 1070924 427759 364694 0 1038866 1091966 2474484 X 4107705 4778375 101950 55349 43279 44279 4252934 4878003 5344900 7352487 X 321984 303085 X X 0 1 1 X 0 X 6267769 6093799 6399733 7123746 8063133 33948180 6267769 6093799 6399733 7123746 8063133 33948180 33948180 117733 78392 50137 59630 83768 389660 1983 1211 2082 1183 431 6890 34344730 3950695 0.98850 0.98330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9391 9391 8023588 8032979 551649 137912 0 0 476173 462539 505245 551649 1995606 2993409 12067 2077 9391 23535 119043 115635 126311 137912 498901 748352 43279 1000 44279 42279 1000 43279 41279 1000 42279 40279 1000 41279 0 0 1908473 1908473 527874 527874 21725 21725 0 994707 893037 101670 2538017 9106846 8784862 321984 303085 303085 625069 9584282 303083 174353 477436 9106846 0 9106846 8959216 174354 174354 8784862 0 8784862 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 XII, LINE 2D - OTHER ADJUSTMENTS: REASON WEEKEND 174,353. PART XIII, LINE 2D - OTHER ADJUSTMENTS: REASON WEEKEND 174,353. ROUNDING 1. REASON WEEKEND 238126 84121 154005 174354 238126 84121 154005 174354 174354 -20349 X X X X 0 0 0 0 0 0 0 0 0 DAVID NOTT 212231 0 75000 0 0 0 0 0 0 0 287231 0 0 0 ROBERT W POOLE JR 223322 0 30000 0 0 0 0 0 0 0 253322 0 0 0 MICHAEL ALISSI 121667 0 38000 0 0 0 0 0 0 0 159667 0 0 0 NICHOLAS GILLESPIE 175807 0 30000 0 0 0 0 0 0 0 205807 0 0 0 JONATHAN GRAFF 132309 0 25000 0 0 0 0 0 0 0 157309 0 0 0 ADRIAN T MOORE 142282 0 30000 0 0 0 0 0 0 0 172282 0 0 0 TERI MOORE OFFICER'S SPOUSE 4548 RUNS A COMPANY WHICH PERFORMS EDITING SERVICES FOR THE FOUNDATION STUDIES. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 303,085. 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.