Ayn Rand Institute The Center For The Advancement Of Objectivism is located in Santa Ana, CA. The organization was established in 1987. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Ayn Rand Institute The Center For The Advancement Of Objectivism employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ayn Rand Institute The Center For The Advancement Of Objectivism is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Ayn Rand Institute The Center For The Advancement Of Objectivism generated $15.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $10.7m during the year ending 09/2023. While expenses have increased by 2.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
UNDERSTANDING OF AYN RAND'S WORKS AND TO FIND AND TRAIN THE NEW INTELLECTUALS TO TEACH HER PHILOSOPHY OF OBJECTIVISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH PROGRAMS: WE POSTED SCORES OF NEW VIDEOS TO OUR YOUTUBE CHANNEL, WHICH GREW TO OVER 94K SUBSCRIBERS IN FY2023. AMONG THE NEW VIDEOS WERE LECTURES, INTERVIEWS, AND PODCASTS ON TOPICS RANGING FROM HISTORY AND PHILOSOPHY TO CULTURAL ISSUES AND FOREIGN AFFAIRS. OUR CHANNEL VIEWS GREW SIGNIFICANTLY THIS FISCAL YEAR, WITH THE MIKE WALLACE INTERVIEW OF AYN RAND REACHING AN ALL-TIME TOTAL SURPASSING ONE MILLION VIEWS. TWO MAJOR CONFERENCES WERE HELD: ARC-EUROPE, WHICH WAS HELD IN APRIL 2023 IN ATHENS, GREECE, AND THE OBJECTIVIST CONFERENCE IN JULY 2023 IN MIAMI, FLORIDA, WHICH BROUGHT HUNDREDS OF ATTENDEES TOGETHER FROM ALL OVER THE WORLD. IN FY2023, ARI CONTINUED ITS GLOBAL OUTREACH EXPANSION IN EUROPE, LATIN AMERICA, ASIA, THE MIDDLE EAST, AND AUSTRALIA. ARI ALSO SENT SPEAKERS TO ADDRESS STUDENTS AND GENERAL AUDIENCES ALL OVER THE WORLD.
EDUCATIONAL PROGRAMS:IN FY2023, WE EXPANDED OUR FREE BOOKS PROGRAM SUBSTANTIALLY, REACHING CLASSROOMS ALL AROUND THE COUNTRY IN OUR BOOKS FOR TEACHERS PROGRAM. CRUCIALLY, WE HAVE ALSO FOUND AN EXCITING AMOUNT OF INTEREST FROM STUDENTS EAGER TO READ AYN RAND'S NOVELS ON THEIR OWN, RESULTING IN EXPONENTIAL GROWTH IN DEMAND FOR OUR FREE BOOKS FOR STUDENTS PROGRAM. ESSAY CONTESTS CONTINUED TO BE A GOOD MEANS OF INTRODUCING RAND TO NEW READERS, AND WE SAW RECORD PARTICIPATION IN OUR ATLAS SHRUGGED CONTEST. STUDENTS ALSO GAINED NEW OPPORTUNITIES TO MEET OUR EXPERT FACULTY THROUGH IN-PERSON CONFERENCES AND ONLINE EVENTS. THE AYN RAND UNIVERSITY, OUR ONLINE SCHOOL OF PHILOSOPHY WHOSE MISSION IS TO EDUCATE STUDENTS ABOUT OBJECTIVISM AND TO PROVIDE THEM WITH THE INTELLECTUAL, CAREER, AND LIFE GUIDANCE THEY NEED TO FLOURISH, CONTINUED TO ADMIT AND EDUCATE GROWING NUMBERS OF STUDENTS AND TO EXPAND ITS FACULTY AND TO DIVERSIFY ITS CURRICULUM. MANY STUDENTS WERE SUPPORTED BY SCHOLARSHIPS TO OFFSET SOME OR ALL OF THEIR TUITION. WE LAUNCHED, AND HAD STRONG PARTICIPATION IN, THE AYN RAND UNIVERSITY GRADUATE CENTER, WHICH IS AN ADVANCED TRAINING PROGRAM THAT OFFERS INSTRUCTION TO COMMITTED STUDENTS, AS WELL AS CAREER GUIDANCE, MENTORING, AND FINANCIAL ASSISTANCE. THIS CENTER IS DEDICATED TO HIGH-POTENTIAL INDIVIDUALS AIMING TOWARD AN INTELLECTUAL CAREER. NEW IDEAL, WHICH IS ARI'S OFFICIAL JOURNAL, PUBLISHED DOZENS OF ARTICLES AND PODCASTS IN FY2023, APPLYING OBJECTIVISM TO EXPLAIN MAJOR ISSUES IN THE CULTURE AND PROMOTING THE INSTITUTE'S OTHER WORK. THE PODCASTS ARE WEEKLY LIVESTREAMS ON SOCIAL MEDIA FEATURING OUR INTELLECTUAL TEAM AND JUNIOR FELLOWS, COMMENTING ON TOPICS OF RELEVANCE TO MODERN TIMES AND THE WORKS OF AYN RAND. SEVERAL NEW ARI CAMPUS COURSES WERE ADDED TO THE CATALOG OF ON-DEMAND CONTENT IN FY2023. ARI'S RECORDED COURSE VIDEOS RECEIVED THOUSANDS OF HOURS OF VIEWS ACROSS ALL PLATFORMS: WEBSITE, ARU MOBILE APP, AND YOUTUBE.
OTHER: THE AYN RAND ARCHIVES MADE FURTHER UPGRADES TO OUR FACILITIES TO ENHANCE THE PROTECTION OF ARI'S ARCHIVAL MATERIALS AND CONTINUED ITS DIGITIZATION EFFORTS. WE PRODUCED TWO EXHIBITS: A MAJOR ONLINE EXHIBIT, "BLUEPRINTS FOR THE FOUNTAINHEAD," FEATURING MORE THAN 200 ORIGINAL DOCUMENTS ALONG WITH COMMENTARY FROM OUR ARCHIVES TEAM, AND A PHYSICAL EXHIBIT AT OCON 2023 CELEBRATING THE 80TH PUBLICATION ANNIVERSARY OF THE FOUNTAINHEAD. WE MADE SIGNIFICANT UPDATES TO THREE COLLECTIONS, INCLUDING A REVISED SHELF INVENTORY, AND IMPLEMENTED A COLLECTION MANAGEMENT SYSTEM TO MANAGE OUR HOLDINGS. WE RECEIVED ACQUISITIONS THAT INCLUDED ITEMS, BOOKS, AND OTHER MATERIALS ORIGINALLY OWNED BY AYN RAND. THE ARI ESTORE (ESTORE.AYNRAND.ORG) CONTINUED TO SELL BOOKS AND RECORDINGS ON OBJECTIVISM AND RELATED TOPICS. IN FY2023, THE ESTORE SOLD HUNDREDS OF BOOKS, DIGITAL COURSES, AND LECTURES TO OUR CUSTOMERS. ARI HAS RECEIVED THE HIGHEST 4-STAR RATING WITH CHARITY NAVIGATOR, POSITIONING ARI AMONG THE MOST-TRUSTED NONPROFITS IN THE COUNTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Allison Member | Trustee | 2 | $0 |
Larry Salzman Member | Trustee | 2 | $0 |
Jim Brown Member | Trustee | 2 | $0 |
Robert Mayhew Member | Trustee | 2 | $0 |
Harry Binswanger Member | Trustee | 2 | $0 |
Tara Smith Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Breoc Griffin Llc Building Lease | 9/29/23 | $671,783 |
Brook Media And Consulting Llc Speaker Engagements | 9/29/23 | $164,487 |
Century Group Professionals Llc Recruiting And Temporary Staffing Servic | 9/29/23 | $151,485 |
Ideation Marketing Group Llc It/website & Digitization | 9/29/23 | $134,440 |
Intercontinental Hotel Miami Conference/event And Lodging | 9/29/23 | $102,277 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $115,090 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $14,412,621 |
Noncash contributions included in lines 1a–1f | $286,943 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,527,711 |
Total Program Service Revenue | $604,231 |
Investment income | $111,913 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $12,523 |
Net Rental Income | $192,888 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$49,606 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,481,178 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $83,760 |
Grants and other assistance to Foreign Orgs/Individuals | $534,260 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $901,084 |
Compensation of current officers, directors, key employees. | $64,345 |
Compensation to disqualified persons | $710,036 |
Other salaries and wages | $2,934,959 |
Pension plan accruals and contributions | $69,373 |
Other employee benefits | $290,164 |
Payroll taxes | $321,806 |
Fees for services: Management | $0 |
Fees for services: Legal | $147,046 |
Fees for services: Accounting | $205,941 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,664,105 |
Advertising and promotion | $53,678 |
Office expenses | $307,942 |
Information technology | $59,416 |
Royalties | $19,126 |
Occupancy | $85,746 |
Travel | $321,951 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $693,668 |
Interest | $31,220 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $484,179 |
Insurance | $46,671 |
All other expenses | $1,971 |
Total functional expenses | $10,716,591 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $184,947 |
Savings and temporary cash investments | $6,766,911 |
Pledges and grants receivable | $275,330 |
Accounts receivable, net | $320,380 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $5,000,000 |
Inventories for sale or use | $281,552 |
Prepaid expenses and deferred charges | $178,984 |
Net Land, buildings, and equipment | $1,252,734 |
Investments—publicly traded securities | $70,906 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $17,036,758 |
Total assets | $31,368,502 |
Accounts payable and accrued expenses | $1,044,861 |
Grants payable | $0 |
Deferred revenue | $437,007 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,892,130 |
Total liabilities | $4,373,998 |
Net assets without donor restrictions | $26,973,469 |
Net assets with donor restrictions | $21,035 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $31,368,502 |
Over the last fiscal year, Ayn Rand Institute The Center For The Advancement Of Objectivism has awarded $130,368 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
AUSTIN SHAKESPEARE FESTIVAL PURPOSE: PRODUCE A PERFORMANCE OF SCENES FROM AYN RAND'S SCREENPLAY | $20,368 |
WE THE LIVING RESTORATION PROJECT PURPOSE: HELP RESTORE AND PROMOTE THE WE THE LIVING: THE 80TH ANNIVERSORY EDITION MOVIE/FILM | $110,000 |