2011-09-28T13:14:41-05:00 2011-03-31 WATKINS MEEGAN LLC 7700 WISCONSIN AVENUE SUITE 500 BETHESDA MD 20814 990 2010-04-01 237432162 CATO INSTITUTE CATO 2028420200 1000 MASSACHUSETTS AVE NW WASHINGTON DC 200015403 WILLIAM ERICKSON 2011-09-27 true DANIEL D O'SHEA 3016547555 2010 2016-03-07 17:11:31Z WILLIAM ERICKSON 1000 MASSACHUSETTS AVE NW WASHINGTON DC 20001 43030082 false X WWW.CATO.ORG X 1977 KS THE CATO INSTITUTE BROADENS THE UNDERSTANDING OF PUBLIC POLICIES BASED ON THE PRINCIPLES OF LIMITED GOVERNMENT, FREE MARKETS, INDIVIDUAL LIBERTY, AND PEACE. 18 16 200 0 0 0 29717643 39253053 559070 643225 396012 16831 856611 497618 31529336 40410727 425636 843602 0 0 10402144 11370641 0 0 2045212 10938304 11433952 21766084 23648195 9763252 16762532 37636959 57206316 2396849 5236839 35240110 51969477 X THE CATO INSTITUTE BROADENS THE UNDERSTANDING OF PUBLIC POLICIES BASED ON THE PRINCIPLES OF LIMITED GOVERNMENT, FREE MARKETS, INDIVIDUAL LIBERTY, AND PEACE. false false 11528221 343025 0 POLICY ANALYSIS AND RESEARCH - STUDY AND EXAMINATION OF AREAS SUCH AS HEALTH CARE, INTERNATIONAL ECONOMICS AND DEVELOPMENT, TRADE POLICY, REGULATORY STUDIES, ENVIRONMENT, FOREIGN POLICY, AND DOMESTIC ISSUES IN ORDER TO PROMOTE AND DISSEMINATE LIBERTARIAN PHILOSOPHY AND IDEAS. 4632174 577 586465 PUBLICATIONS AND MEDIA - INCLUDES 18 POLICY ANALYSES, 5 DEVELOPMENT POLICY PAPERS, 8 TRADE POLICY PAPERS, 6 BRIEFING PAPERS. ALSO 4 ISSUES OF REGULATION MAGAZINE, 4 ISSUES OF CATO JOURNAL, 12 AUDIO CD'S AND 10 BOOKS. 2390232 591856 CONFERENCES AND FORUMS/SEMINARS - CATO SPONSORED 498 FORUMS AND SEMINARS WITH TOPICS INCLUDING CONSTITUTIONAL STUDIES, LIMITED GOVERNMENT, HEALTH CARE, INTERNATIONAL TRADE AND ECONOMICS, TECHNOLOGY, FREE MARKETS, ENVIRONMENT, TERRORISM, AND DEFENSE. THE MILTON FRIEDMAN PRIZE FOR ADVANCING LIBERTY, NAMED IN HONOR OF PERHAPS THE GREATEST CHAMPION OF LIBERTY IN THE 20TH CENTURY, IS PRESENTED EVERY OTHER YEAR TO AN INDIVIDUAL WHO HAS MADE A SIGNIFICANT CONTRIBUTION TO ADVANCE HUMAN FREEDOM. THE PRIZE, A CASH AWARD OF $500,000 WAS PRESENTED TO THIS YEAR'S WINNER, AKBAR 750421 500000 51370 GANJI ON MAY 13, 2010 AT A BIANNUAL DINNER. 750421 500000 51370 19301048 true true false false false false false false true true false false false true true true false false true false true true false false false false false true true false false false false false false false false true false false false false false false false false false true 148 0 true 200 true false false false false false false false false false false X 18 16 false false false false true true true true true false false true true true true true true true false false AL AK AZ AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X TRISHA LINE 2028420200 1000 MASSACHUSETTS AVENUE NW WASHINGTON DC 200015403 FRANK BOND 2.5 X 0 0 0 RICHARD J DENNIS 2.5 X 0 0 0 JOHN C MALONE 2.5 X 0 0 0 DAVID H PADDEN 2.5 X 0 0 0 LEWIS E RANDALL 2.5 X 0 0 0 HOWARD S RICH 2.5 X 0 0 0 JEFFREY YASS 2.5 X 0 0 0 FRED YOUNG 2.5 X 0 0 0 EDWARD H CRANE 40.0 X X 453918 0 34339 ETHELMAE C HUMPHREYS 2.5 X 0 0 0 DAVID H KOCH 2.5 X 0 0 0 WILLIAM A NISKANEN 40.0 X 178550 0 14535 DONALD G SMITH 2.5 X 0 0 0 ROBERT A LEVY 2.5 X X 0 0 0 K TUCKER ANDERSEN 2.5 X 0 0 0 WILLIAM DUNN 2.5 X 0 0 0 KEVIN GENTRY 2.5 X 0 0 0 NANCEY PFOTENHAUER 2.5 X 0 0 0 DAVID BOAZ 40.0 X 245625 0 22950 WILLIAM ERICKSON 40.0 X 169570 0 22871 ANTHONY PRYOR 40.0 X 73375 0 4465 WILLIAM LINDSEY 40.0 X 173118 0 22922 ROGER PILON 40.0 X 167118 0 24452 TED CARPENTER 40.0 X 171550 0 14064 JAGADEESH GOKHALE 40.0 X 156045 0 21411 ANDREI ILLIARNOV 40.0 X 161400 0 13857 MARK CALABRIA 40.0 X 153375 0 14615 2103644 0 210481 28 false true false NETWORK ALLIANCE INC 11130 SUNRISE VALLEY DRIVE RESTON VA 20191 OUTSOURCED IT 393244 RST MARKETING 1272 Corporate Park Road FOREST VA 24551 PRINTING AND MAILING 566892 AUTOMATED GRAPHICS SYSTEMs 8107 Bavaria Road MACEDONIA OH 44056 PRINTING/FULFILLMENT 239785 PILLSBURY WINTHROP SHAW PITTMAN LLP PO BOX 601240 CHARLOTTE NC 28260 LEGAL SERVICES 613917 NEW HOPE ENVIRONMENTAL SERVICES IN 536 PANTOPS CENTER 402 CHARLOTTESVILLE VA 22911 CONSULTING SERVICES 203500 15 39253053 4404194 39253053 CONFERENCES 900099 643225 643225 643225 120553 0 0 120553 0 0 0 0 24191 0 0 24191 285688 0 285688 285688 0 0 285688 2139119 2162841 80000 -23722 -80000 -103722 0 0 -103722 0 0 0 0 0 0 0 561989 376514 185475 185475 0 0 MISCELLANEOUS 900099 1979 1979 MAILING LIST SALES 900004 285 285 2264 40410727 830679 0 326995 577 577 531225 531225 311800 311800 0 1249922 728682 301993 219247 0 8152215 7048429 421031 682755 368445 318465 18708 31272 978779 757533 136425 84821 621280 520936 45228 55116 0 398640 228598 170042 0 29260 0 29260 0 0 0 120766 21605 99155 6 1403382 1144896 110655 147831 820465 796794 214 23457 3051888 2348202 290862 412824 0 0 1072481 874855 107075 90551 1517996 1377865 8229 131902 0 591266 582703 1835 6728 8022 0 8022 0 0 460053 375303 45742 39008 86962 0 86962 0 CONTRIBUTION 375000 375000 0 0 TAXES & LICENSES 356198 2728 352384 1086 HONORARIUM 246190 239944 1246 5000 DUES/SUBSCRIPTIONS/BOOKS 401729 322343 16537 62849 FULFILLMENT 203449 203449 0 0 290205 189116 50330 50759 23648195 19301048 2301935 2045212 X 812620 618079 14952 179589 1000 1000 11548656 20064719 7278671 8825198 57657 184098 370797 309085 626796 366496 33823099 9983483 14139010 23839616 3283868 3520600 330504 95504 37636959 57206316 1120693 3372978 38839 529416 141781 117999 1095536 1216446 2396849 5236839 X 21585509 28437968 11644504 21521412 2010097 2010097 35240110 51969477 37636959 57206316 X 16762532 -33165 X false true true X X 18878487 22189765 19129916 29717643 39253053 129168864 18878487 22189765 19129916 29717643 39253053 129168864 15545439 113623425 810675 873269 522010 726009 430432 3362395 5741 10126 7704 5530 2264 31365 132562624 3560876 0.85713 0.83443 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2010097 0 66530 0 66530 0 2010097 2010097 0 4536 0 4536 0 2010097 2010097 0 42254 0 42254 0 2010097 1.00000 false false 9656037 9656037 10570015 7788030 2781985 13597047 2195453 11401594 23839616 0 CAPITAL LEASE OBLIGATION 88963 CHARITABLE GIFT ANNUITY 292766 DEFERRED COMPENSATION LIABILIT 834717 1216446 40410727 23648195 16762532 -33165 -33165 16729367 40850460 40850460 40503 -480236 -439733 40410727 24121093 513401 513401 23607692 40503 40503 23648195 INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, QUESTION 4 TO SUPPORT THE OPERATIONAL COSTS OF CATO'S CONSTITUTIONAL STUDIES PROGRAM THROUGH THE ANNUAL EARNINGS OF THE ENDOWMENT NET ASSETS. OTHER REVENUE INCLUDED ON RETURN NOT ON BOOKS SCHEDULE D, PART XII, LINE 4B REALIZED LOSS ON INVESTMENTS (23,722) COST OF GOODS SOLD (376,514) LOSS ON DISPOSAL OF ASSETS (80,000) ---------- $(480,236) OTHER EXPENSES INCLUDED ON LINE 1, NOT ON FORM 990 SCHEDULE D, PART XIII, LINE 2D REALIZED LOSS ON INVESTMENTS (23,722) COST OF GOODS SOLD (376,514) LOSS ON DISPOSAL OF ASSETS (80,000) UNREALIZED LOSS ON INVESTMENTS (33,165) ---------- $513,401 FIN 48 FINANCIAL STATEMENT DISCLOSURE SCHEDULE D, PART X, LINE 2 Tax years prior to 2007 are no longer subject to examination by the IRS and the tax jurisdictions of Kansas and the District of Columbia. true Europe (Including Iceland and Greenland) 0 0 Grantmaking 61800 Russia and the Newly Independent States 0 0 Grantmaking 300000 South America 0 0 Grantmaking 20000 South America 0 1 Program Services CONFERENCE/WEBSITE 42718 0 1 0 1 424518 424518 Europe/Iceland/Greenland PROM LIBERTY NA NA Russia PROM LIBERTY 300000 WIRE 0 N/A N/A 0 0 STIPENDS FOR SENIOR FELLOWS Europe/Iceland/Greenland 1 50000 WIRE 0 N/A N/A STIPENDS FOR SENIOR FELLOWS South America 1 20000 WIRE 0 N/A N/A FISHER PRIZE Europe/Iceland/Greenland 1 5000 WIRE 0 N/A N/A false false false false false false PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES SCHEDULE F, PART I, LINE 2 PROGRAMS ARE SUPERVISED BY PROJECT MANAGERS WHO PROVIDE OVERSIGHT, APPROVE PAYMENTS, AND PROVIDE AN ACCOUNTING OF FUNDS SPENT. true X TO PROMOTE INDIVIDUAL LIBERTY THROUGH PUBLICations 1 31225 0 N/A N/A FRIEDMAN PRIZE 1 500000 0 N/A N/A STIPENDS FOR SENIOR FELLOWS 9 261250 0 N/A N/A PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES SCHEDULE I, PART 1, LINE 2 PROGRAMS ARE SUPERVISED BY PROJECT MANAGERS WHO PROVIDE OVERSIGHT, APPROVE PAYMENT AND PROVIDE AN ACCOUNTING OF FUNDS SPENT. X X X true true false false false false false false false EDWARD H CRANE 453918 0 0 0 0 22050 12289 488257 0 WILLIAM A NISKANEN 178550 0 0 0 0 12499 2036 193085 0 DAVID BOAZ 245625 0 0 0 0 17163 5787 268575 0 WILLIAM ERICKSON 169570 0 0 0 0 12294 10577 192441 0 WILLIAM LINDSEY 173118 0 0 0 0 11326 11596 196040 0 ROGER PILON 167118 0 0 0 0 12163 12289 191570 0 TED CARPENTER 171550 0 0 0 0 12009 2055 185614 0 JAGADEESH GOKHALE 156045 0 0 0 0 11277 10134 177456 0 ANDREI ILLIARNOV 161400 0 0 0 0 8070 5787 175257 0 MARK CALABRIA 153375 0 0 0 0 8828 5787 167990 0 Deferred Compensation Plan Schedule J, Line 4b No contribution was made during fiscal year 3/31/2011 to the President's deferred compensation plan. SCHEDULE J, LINE 4A SEVERANCE PAYMENT FORMER VP WILLIAM LINDSEY RECEIVED $50,000 IN SEVERANCE PAY DURING CALENDAR YEAR 2010. X 50 4404194 FMV DATE OF RECEIPT 0 false false false PROCESS USED TO REVIEW FORM 990 PART VI, SECTION A, QUESTION 11B DRAFT DISTRIBUTED TO EACH MEMBER FOR REVIEW AND COMMENT PRIOR TO FINALIZATION. MONITORING AND ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY PART VI, SECTION B, QUESTION 12C CATO REVIEWS CONFLICT OF INTEREST DISCLOSURES. IF A POTENTIAL CONFLICT OF INTEREST ARISES, THE DIRECTOR WITH THE CONFLICT IS REQUIRED TO CORRECT THE SITUATION OR STEP DOWN FROM THE BOARD. PROCESS FOR DETERMINING COMPENSATION PART VI, SECTION B, QUESTION 15B INDEPENDENT CONTRACTOR REVIEWS COMPENSATION/BENEFITS. THE BOARD DISCUSSES AND APPROVES EXECUTIVE COMPENSATION/BENEFITS BASED ON RESULTS OF THE INDEPENDENT STUDY. DOES THE ORGANIZATION HAVE MEMBERS OR STOCKHOLDERS? PART VI, SECTION A, LINE 6 CATO INSTITUTE WAS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF KANSAS AND HAS FOUR SHAREHOLDERS. EACH SHAREHOLDER HOLDS 16 SHARES, WHICH TOTAL 64 SHARES OF THE 1,000 SHARES AUTHORIZED. MEMBERS, STOCKHOLDERS OR OTHER PERSONS WHO MAY ELECT THE GOVERNING BODY PART VI, SECTION A, QUESTION 7A CATO INSTITUTE'S SHAREHOLDERS ELECT THE BOARD OF DIRECTORS, AND THE BOARD DETERMINES THE GOVERNING COMMITTEES. DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL PART VI, SECTION A, QUESTION 7B SHAREHOLDERS ELECT THE BOARD OF DIRECTORS AND MAY REMOVE DIRECTORS WITH A MAJORITY VOTE. HOW THE ORGANIZATION MAKES ORGANIZING DOCUMENTS AVAILABLE TO THE PUBLIC PART VI, SECTION C, QUESTION 19 CATO'S BYLAWS, ARTICLES OF INCORPORATION, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO ANYONE WHO REQUESTS THEM. FURTHER, CATO HAS ALWAYS COMPLIED, AND WILL CONTINUE TO COMPLY, WITH THE MANDATE THAT FORM 990 BE MADE PUBLICLY AVAILABLE. OTHER CHANGES IN NET ASSETS PART XI, LINE 5 OTHER CHANGES IN NET ASSETS REPRESENTS AN UNREALIZED LOSS ON INVESTMENTS