Center Of The American Experiment is located in Golden Valley, MN. The organization was established in 1989. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 12/2021, Center Of The American Experiment employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center Of The American Experiment 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 12/2021, Center Of The American Experiment generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 22.7% per year over the past 7 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 2018, Center Of The American Experiment has awarded 31 individual grants totaling $2,310,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CENTER OF THE AMERICAN EXPERIMENT IS A NONPARTISAN PUBLIC POLICY AND EDUCATIONAL INSTITUTION THAT BRINGS CONSERVATIVE AND FREE MARKET IDEAS TO BEAR ON THE HARDEST PROBLEMS FACING MINNESOTA AND THE NATION. THROUGH RESEARCH, OP-EDS, PUBLIC FORUMS, LEGISLATIVE TESTIMONY, PUBLIC MESSAGING IN A VARIETY OF MEDIA, AND A STREAM OF PUBLICATIONS, WE ARE WORKING TO BUILD A CULTURE OF PROSPERITY IN MINNESOTA AND THE NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINNESOTA ECONOMY:THE MINNESOTA ECONOMY PROJECT WAS LAUNCHED IN 2016. ITS GOAL IS TO EDUCATE MINNESOTANS TO THE FACT THAT THE STATE'S ECONOMIC PERFORMANCE IN RECENT YEARS HAS NOT BEEN GOOD, IN ORDER TO BUILD PUBLIC AND LEGISLATIVE SUPPORT FOR LOWER TAXES AND LESS ONEROUS REGULATION. SINCE 2016, THE CENTER HAS PUBLISHED AN ANNUAL ANALYSIS OF MINNESOTA'S ECONOMIC PERFORMANCE IN THE 21ST CENTURY. WE HAVE PUBLICIZED THE FINDINGS OF EACH PAPER WITH PRESS CONFERENCES, RADIO AND TELEVISION APPEARANCES, OP-EDS IN DOZENS OF NEWSPAPERS, RADIO ADS ON DOZENS OF RADIO STATIONS, THREE INTERNET VIDEOS THAT HAVE NOW EXCEEDED 2 MILLION VIEWS WITHIN THE STATE OF MINNESOTA, TOWN MEETINGS AND OTHER PUBLIC APPEARANCES, AND POSTS ON THE CENTER'S WEB SITE AND FACEBOOK PAGE. IN 2018 WE PUBLISHED A STUDY OF MINNESOTA'S ESTATE TAX, WHICH SHOWED THAT MINNESOTA COULD ABOLISH ITS ESTATE TAX WITHOUT LOSING ANY SIGNIFICANT AMOUNT OF NET TAX REVENUE, AND MIGHT ACTUALLY GAIN TAX REVENUE. IN 2019 WE PUBLISHED AN IMPORTANT STUDY ON MINNESOTA'S WORKFORCE. THOUGH MINNESOTA HAS A HIGH LABOR PARTICIPATION RATE AND, THEREFORE, RELATIVELY HIGH GDP PER CAPITA, CONCERNS ON THE HORIZON INCLUDE BELOW AVERAGE LABOR PRODUCTIVITY, HIGHER MINIMUM WAGES, AND A RISE IN OCCUPATIONAL LICENSING HURDLES.IN 2020 WE PUBLISHED A PAPER IN WHICH WE USED COMPARISONS BETWEEN BORDER COUNTIES TO ASSESS THE IMPACT OF STATE POLICY ON A VARIETY OF ECONOMIC OUTCOMES. WE FOUND THAT, AS THE EXISTING EMPIRICAL EVIDENCE SUGGESTS, HIGHER TAXES ARE ASSOCIATED WITH WORSE ECONOMIC OUTCOMES. ALSO IN 2020 WE PUBLISHED A STUDY RECOMMENDING SPENDING CUTS AND NOT TAX HIKES AS A SOLUTION TO CLOSING MINNESOTA'S BUDGET DEFICIT. OUR FINDINGS SHOW THAT MINNESOTA IS ONE OF THE MOST HIGHLY TAXED STATES IN THE NATION AND IS ALSO SPENDING MORE NOW THAN AT ANY OTHER POINT IN HISTORY -- BOTH PER CAPITA AND INFLATION-ADJUSTED TERMS. FURTHERMORE, TAX HIKES HURT ECONOMIC GROWTH AND THEY DO NOT INCREASE REVENUE. IN 2021, WE PUBLISHED A STUDY ON HOW TAXES AFFECT MIGRATION. THE STUDY SHOWED THAT MINNESOTA LOSES HIGHLY PRODUCTIVE RESIDENTS TO LOW-TAX STATES. FOR EXAMPLE, WHILE OUR STATE HAS SEEN NET INFLOWS OF DOMESTIC MIGRANTS IN EVERY INCOME CATEGORY BELOW $25,000 EVERY YEAR BETWEEN 2011 AND 2018, IT HAS SEEN NET OUTFLOWS AT EVERY INCOME LEVEL ABOVE $50,000. ADDITIONALLY, MINNESOTA FAILS TO ATTRACT RESIDENTS FROM OTHER STATES DUE TO HIGH TAXES. WE ALSO PUBLISHED TWO OTHER REPORTS, ONE SHOWING THAT TOBACCO TAXES HAVE LITTLE TO NO EFFECT ON TOBACCO USE BUT THEY ENCOURAGE SMUGGLING AND HURT THE POOR, WHO GENERALLY USE TOBACCO AT HIGHER RATES COMPARED TO HIGH-INCOME INDIVIDUALS. THE OTHER REPORT PRESENTED EVIDENCE SHOWING THAT RENT CONTROL HAS ONLY MANAGED TO BRING DISASTROUS CONSEQUENCES IN PLACES WHERE IT HAS BEEN USED. OUR POLICY GOALS INCLUDE ABOLITION OF THE ESTATE TAX; SPENDING RESTRAINT TO ALLOW TAX CUTS; PERSONAL AND CORPORATE INCOME TAX RATE CUTS; REGULATORY REFORM; AND PROMOTING PENSION TRANSPARENCY AND REFORM. OTHER CENTER PROJECTS WILL ALSO CONTRIBUTE TO A STRONGER MINNESOTA ECONOMY.
THINKING MINNESOTA MAGAZINE: THINKING MINNESOTA IS AN IMPORTANT COMMUNICATIONS VEHICLE FOR THE CENTER, WITH A BASE CIRCULATION OF MORE THAN 100,000. THE CENTER'S GOAL IS TO CONTINUE TO BUILD CIRCULATION WHILE USING THE MAGAZINE TO SPREAD CONSERVATIVE IDEAS AND PROMOTE THE CENTER.SHARP CONTENT AND COMPELLING GRAPHICS HAVE DRIVEN THE POPULARITY OF THINKING MINNESOTA. IN ORDER TO REDUCE THE NET COST OF THE MAGAZINE WE SELL ADS IN THE MAGAZINE, AND ALSO SOLICIT CONTRIBUTIONS TO HELP KEEP THINKING MINNESOTA FREE.IN 2018 WE ADDED A TOP-NOTCH, PROFESSIONAL POLL TO OUR MAGAZINE CONDUCTED BY MEETING STREET RESEARCH. FOR EACH ISSUE WE SURVEY ISSUES THAT ARE COVERED IN OUR MAGAZINE SO LEGISLATORS AND OPINION LEADERS WILL KNOW WHAT MINNESOTANS THINK ON KEY ISSUES.THINKING MINNESOTA BROADLY ADVANCES THE POLICY GOALS ON WHICH THE CENTER IS WORKING. IT ALSO PROMOTES THE CENTER AND EXPOSES NEW POTENTIAL DONORS TO OUR WORK.THINKING MINNESOTA BROADLY ADVANCES THE POLICY GOALS ON WHICH THE CENTER IS WORKING. IT ALSO PROMOTES THE CENTER AND EXPOSES NEW POTENTIAL DONORS TO OUR WORK.
FORUMS:AMERICAN EXPERIMENT CONTINUES ITS TRADITION OF ADDRESSING IMPORTANT AND TIMELY TOPICS THROUGH PUBLIC FORUMS. IN 2021 WE HELD 46 EVENTS- 40 IN-PERSON AND 6 VIRTUALLY. ONE OF THESE VIRTUAL EVENTS WAS A FORUM WITH CONGRESSMAN TOM EMMER. THE OTHERS WERE ON EDUCATION, ENERGY, REGULATIONS, TAXATION, AND MORE. IN THE SUMMER WE HOSTED A TWO EVENT FORUM WITH ISAAC ORR AND NATIONAL ENERGY EXPERT ROBERT BRYCE. THIS INCLUDED A LUNCH IN ALBERT LEA AND AN EVENING EVENT IN GOLDEN VALLEY. THESE WERE BOTH VERY SUCCESSFUL EVENTS, ATTENDED BY 300+ PEOPLE ALTOGETHER. A LARGE PORTION OF SUMMER EVENT PROGRAMMING WAS SPENT ON THE RAISE OUR STANDARDS TOUR. WE WENT ACROSS THE ENTIRE STATE, PUTTING ON 22 PROGRAMS TO EDUCATE MINNESOTANS ON CRITICAL RACE THEORY, AND WHAT IS BEING TAUGHT IN OUR SCHOOLS. FOUR OF THESE STOPS WERE IN THE SUBURBAN TWIN CITIES, HITTING THE NORTH, SOUTH, EAST, AND WEST. IN SEPTEMBER WE ADDED SHOREVIEW AND CHASKA TO THE TOUR, AND 3 STOPS IN GREATER MINNESOTA.OVERALL MORE THAN 7,000 MINNESOTANS ATTENDED OUR EVENTS IN 2021. 26 OF THE EVENTS TOOK PLACE IN GREATER MINNESOTA. WE SPECIFICALLY REACHED OUT TO YOUNG PEOPLE AGAIN THROUGH OUR YLC PROGRAM FOR THE FIRST TIME IN A FEW YEARS. WE PARTNERED WITH OTHER GROUPS, SET FOOT OUTSIDE THE STATE AGAIN, AND CONTINUED TO CHOOSE SPEAKERS AND TOPICS THAT ARE RELEVANT TO OUR AUDIENCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Hinderaker President | OfficerTrustee | 40 | $183,468 |
Bill Walsh Marketing Communications Director | 40 | $125,472 | |
John Phelan Economist | 40 | $104,694 | |
Ron Eibensteiner Chairman | OfficerTrustee | 1 | $0 |
Scott Rile Treasurer | OfficerTrustee | 1 | $0 |
Ed Anderson Drector | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Baker Street Labs Consulting | 12/30/18 | $148,650 |
K K & Company Consulting | 12/30/18 | $131,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $71,026 |
Related organizations | $0 |
Government grants | $206,297 |
All other contributions, gifts, grants, and similar amounts not included above | $5,064,614 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,341,937 |
Total Program Service Revenue | $44,496 |
Investment income | $5,251 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,418,684 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $785,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $183,469 |
Compensation of current officers, directors, key employees. | $18,347 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $869,139 |
Pension plan accruals and contributions | $75,635 |
Other employee benefits | $170,334 |
Payroll taxes | $77,516 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,463 |
Fees for services: Accounting | $21,752 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $117,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $61,287 |
Office expenses | $47,648 |
Information technology | $74,670 |
Royalties | $0 |
Occupancy | $84,023 |
Travel | $12,064 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,772 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,687 |
Insurance | $3,135 |
All other expenses | $0 |
Total functional expenses | $4,542,236 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,748,443 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,789 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,500 |
Net Land, buildings, and equipment | $11,188 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,146 |
Total assets | $2,778,066 |
Accounts payable and accrued expenses | $83,004 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $83,004 |
Net assets without donor restrictions | $1,795,062 |
Net assets with donor restrictions | $900,000 |
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 | $2,778,066 |
Over the last fiscal year, Center Of The American Experiment has awarded $780,000 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
Golden Valley, MN PURPOSE: Nonprofit community support | $130,000 |
Sherman Oaks, CA PURPOSE: Nonprofit community support | $100,000 |
Phoenix, AZ PURPOSE: Nonprofit community support | $100,000 |
Arlington, VA PURPOSE: Nonprofit community support | $100,000 |
Washington, DC PURPOSE: Nonprofit community support | $100,000 |
Minnetonka, MN PURPOSE: Nonprofit community support | $65,000 |
Over the last fiscal year, we have identified 3 grants that Center Of The American Experiment has recieved totaling $35,000.
Awarding Organization | Amount |
---|---|
Gregg W And Denise E Steinhafel Family Foundation Wayzata, MN PURPOSE: GENERAL FUND | $15,000 |
Mick And Sandy Lee Family Foundation Wayzata, MN PURPOSE: GENERAL PURPOSE EXEMPT FUNCTION GRANT | $10,000 |
Ronald And Janet Schutz Family Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Running Rebels Community Organization Inc Milwaukee, WI | $6,399,369 | $7,453,258 |
Center Of The American Experiment Golden Valley, MN | $2,778,066 | $5,418,684 |
Northern Lights Junior Volleyball Inc Burnsville, MN | $2,344,363 | $4,802,120 |
Life House Incorporated Duluth, MN | $3,542,824 | $3,195,921 |
Uncommon Sports Group St Louis Park, MN | $1,690,784 | $2,171,450 |
Construction Careers Foundation Minneapolis, MN | $453,242 | $870,916 |
Minnesota Usa Wrestling Inc Minneapolis, MN | $545,750 | $489,626 |
Blue Stars Performing Arts For Youth Inc La Crosse, WI | $787,449 | $565,288 |
Downtown Green Bay Charitable Inc Green Bay, WI | $251,652 | $234,203 |
Delano Area Youth Hockey Association Inc Delano, MN | $471,339 | $419,404 |
Coon Rapids Soccer Association Coon Rapids, MN | $201,864 | $354,051 |
Lightning Youth Athletics Inc Salem, WI | $158,932 | $360,364 |