Cato Institute

Organization Overview

Cato Institute is located in Washington, DC. The organization was established in 1975. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 03/2024, Cato Institute employed 304 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cato Institute 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 03/2024, Cato Institute generated $71.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $41.8m during the year ending 03/2024. While expenses have increased by 4.1% per year over the past 9 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.

Since 2016, Cato Institute has awarded 27 individual grants totaling $1,328,680. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE PRINCIPLES OF INDIVIDUAL LIBERTY, LIMITED GOVERNMENT, FREE MARKETS, AND PEACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLIC POLICY & RESEARCH - OUR VISION IS A FREE AND OPEN SOCIETY IN WHICH LIBERTY ALLOWS EVERY INDIVIDUAL TO PURSUE A LIFE OF PROSPERITY AND MEANING IN PEACE. TO THAT END, OUR SCHOLARS AND ANALYSTS CONDUCT AND PUBLISH INDEPENDENT, NONPARTISAN RESEARCH ON A WIDE RANGE OF POLICY ISSUES ACROSS MORE THAN 14 RESEARCH AREAS, INCLUDING LAW AND CIVIL LIBERTIES, TAX AND BUDGET POLICY, REGULATORY STUDIES, HEALTH CARE AND WELFARE, EDUCATION, FINANCE, BANKING AND MONETARY POLICY, FOREIGN POLICY AND NATIONAL SECURITY, TRADE POLICY, AND INTERNATIONAL DEVELOPMENT.


EDUCATIONAL PROGRAM - CATO HOSTS PUBLIC EVENTS AND CONFERENCES IN ORDER TO ENGAGE DIVERSE AUDIENCES ON OUR RESEARCH AND POLICY PRESCRIPTIONS. CATO ALSO PROACTIVELY INVESTS IN THE NEXT GENERATION THROUGH ITS STUDENT PROGRAMS. THESE INCLUDE OUR CATO INTERNSHIP PROGRAM AND JOHN RUSSELL PASLAQUA INTERN SEMINAR SERIES, OUR STUDENT BRIEFING PROGRAM, AND CATO UNIVERSITY, WHICH TEACHES COLLEGE STUDENTS FROM AROUND THE COUNTRY ABOUT AMERICA'S FOUNDING PRINCIPLES OF INDIVIDUAL LIBERTY, LIMITED GOVERNMENT, AND FREE ENTERPRISE. OUR SPHERE PROGRAM SUPPORTS MIDDLE AND HIGH SCHOOL EDUCATORS WITH THE KNOWLEDGE AND TOOLS TO OVERCOME POLARIZATION AND ADVANCE CIVIL DISCOURSE ON CONTENTIOUS ISSUES IN THE CLASSROOM.


COMMUNICATIONS & EXTERNAL AFFAIRS - CATO SCHOLARS ENGAGE AND EDUCATE BROAD AUDIENCES ON OUR POLICY PRESCRIPTIONS BY DISSEMINATING OUR RESEARCH THROUGH SPEAKING ENGAGEMENTS, SOCIAL MEDIA, BRIEFINGS, OP-EDS AND BLOGS, PODCASTS, TELEVISION AND RADIO APPEARANCES, AND OUR WEBSITES, WHICH RECEIVE OVER 11 MILLION VISITS ANNUALLY. WE HAVE INVESTED SIGNIFICANTLY IN BUILDING A CATO DIGITAL PROGRAM TO SHOWCASE THIS CONTENT IN A DYNAMIC, ENGAGING, AND ACCESSIBLE WAY THROUGH ALL THESE CHANNELS. CATO SCHOLARS AND GOVERNMENT AFFAIRS PERSONNEL MEET WITH AND EDUCATE GOVERNMENT OFFICIALS AND THEIR STAFF ON A VARIETY OF PUBLIC POLICY ISSUES, ADVANCING SOLUTIONS BASED ON THE PRINCIPLES OF INDIVIDUAL LIBERTY, LIMITED GOVERNMENT, FREE MARKETS, AND PEACE. CATO HOSTS A QUARTERLY CONGRESSIONAL FELLOWSHIP PROGRAM GEARED TO SHARE OUR RESEARCH AND FOSTER GREATER ENGAGEMENT ON MAJOR PUBLIC POLICY ISSUES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Community Couselling Services
Fundraising
$504,000
Kns Contracting Llc
Building Renovation
$1,119,986
A57 Digital Consulting Llc
Consulting Svcs
$331,050
Kristi Kendall Co Inc
Video Production
$262,000
Professional Maintenance Co
Janitorial Services
$170,091
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$67,085,826
Noncash contributions included in lines 1a–1f $2,846,406
Total Revenue from Contributions, Gifts, Grants & Similar$67,085,826
Total Program Service Revenue$233,514
Investment income $3,880,465
Tax Exempt Bond Proceeds $0
Royalties $22,793
Net Rental Income $0
Net Gain/Loss on Asset Sales $311,433
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $160,868
Miscellaneous Revenue$0
Total Revenue $71,927,807

Grants Awarded

Over the last fiscal year, Cato Institute has awarded $170,000 in support to 5 organizations.

Grant RecipientAmount

BROOKINGS INSTITUTION

PURPOSE: Collaboration

$37,500

YORK COLLEGE OF PENNSYLVANIA

PURPOSE: General Support

$62,500

AMERICA'S FUTURE FOUNDATION

PURPOSE: General Support

$30,000

MORAL COURAGE PROJECT

PURPOSE: General Support

$30,000

STUDENTS FOR LIBERTY

PURPOSE: Event Support

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Andeco Institute
Mclean, VA
$59,053,115
American Association Of Motor Vehicle Administrators
Arlington, VA
$54,921,245
Cato Institute
Washington, DC
$71,927,807
North Fund
Washington, DC
$59,691,513
Metropolitan Washington Council Of Governments
Washington, DC
$44,555,929
Taxpayers Protection Alliance
Washington, DC
$32,317,323
Reston Association
Reston, VA
$22,050,943
Common Cause Education Fund
Washington, DC
$13,368,234
Club For Growth
Washington, DC
$17,096,527
Center Forward
Mc Lean, VA
$12,964,445
Union Station Redevelopment Corp
Washington, DC
$17,074,386
American Legislative Exchange Council
Arlington, VA
$10,104,204
National Committee To Preserve Social Security And Medicare
Washington, DC
$8,406,868
Citizens For Responsibility And Ethics In Washington Inc
Washington, DC
$6,685,736
State Government Leadership Foundation
Washington, DC
$5,120,729
The Project On Government Oversight Inc
Washington, DC
$7,933,632
Open Contracting Partnership
Washington, DC
$8,021,403
National Academy Of Public Administration
Washington, DC
$7,590,850
Us Term Limits
Washington, DC
$7,272,908
Center For Public Integrity
Washington, DC
$3,834,099
Fcnl Education Fund
Washington, DC
$6,633,175
A Public Voice Inc
McLean, VA
$4,978,231
Opensecrets
Washington, DC
$4,992,704
Federal City Council
Washington, DC
$3,424,583
National Public Education Support Fund
Washington, DC
$5,077,468

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