Ronald Coase Institute
- Assets
- $600.9k
- Revenue
- $85.7k
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 43-1885542
Organization Overview
Ronald Coase Institute is located in St Louis, MO. The organization was established in 2000. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Coase 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 12/2023, Ronald Coase Institute generated $85.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $40.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.9%) per year over the past 5 years. 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
TO CONDUCT AND PROMOTE ECONOMIC RESEARCH ON REAL ECONOMIC SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALUMNI MENTORING AND SUPPORT/EDCUATION & NETWORKING:A. ORGANIZED A ZOOM PRESENTATION OF USEFUL NEW RESEARCH ON AUTOCRACY NOT AVAILABLE TO ALUMNI ELSEWHERE, B. PARTICIPATED IN THE ANNUAL MEETINGS AT THE UNIVERSITY OF FRANKFURT, GERMANY, OF THE SOCIETY FOR ORGANIZATIONAL AND INSTITUTIONAL ECONOMICS (SIOE) AND ORGANIZED A DINNER DURING THE MEETINGS FOR ALUMNI AND FACULTY. THE SIOE MEETINGS AND ALUMNI DINNER ARE CRUCIAL TO KEEP THE COASE INSTITUTE UP TO DATE ON NEW RESEARCH IN NEW INSTITUTIONAL ECONOMICS, MAINTAIN CONTACT WITH ALUMNI, BUILD ITS NETWORK, AND RECRUIT NEW SCHOLARS AND FACULTY.C. ORGANIZED AND CHAIRED A PANEL OF ALUMNI AT SIOE'S FRANKFURT MEETINGS TO SHOWCASE ALUMNI RESEARCH ON LONG-RUN ECONOMIC DEVELOPMENT AND TO PROVIDE THE SELECTED ALUMNI WITH FEEDBACK AND EXPERIENCE.D. ORGANIZED A ONE DAY ALUMNI CONFERENCE ON AUGUST 27, 2023 TO GIVE ALUMNI FEEDBACK ON EARLY RESEARCH PROJECTS, MAINTAIN CONTACTS AND BUILD OUR NETWORK. E. AWARDED A GRANT AND PLAQUE TO AN OUTSTANDING ALUMNUS WHO EVIDENCED HIGH SCHOLARLY ACHIEVEMENT, PROMOTED TRANSFORMATIVE IDEAS AND IMPROVEMENT IN PUBLIC UNDERSTANDING, AND SUPPORTED THE ACTIVITIES AND GOALS OF THE RONALD COASE INSTITUTE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary M Shirley President / Director | OfficerTrustee | 10 | $0 |
Claude Menard Treasurer / Director | OfficerTrustee | 1 | $0 |
Lee K Benham Director | Trustee | 2 | $0 |
Roger Myerson Director | Trustee | 0.5 | $0 |
Gary D Libecap Director | Trustee | 0.5 | $0 |
Philip Keefer Vice President/director | OfficerTrustee | 0.5 | $0 |
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 | $61,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,219 |
| Total Program Service Revenue | $0 |
| Investment income | $24,501 |
| 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 | $85,720 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,870 |
| Travel | $21,137 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $338 |
| Total functional expenses | $40,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,756 |
| Savings and temporary cash investments | $514,155 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $600,911 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $600,911 |
| Total liabilities and net assets/fund balances | $600,911 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Platte Institute For Economic Research Inc Omaha, NE | $565,560 | $1,170,973 |
National Academy Of Human Resources Foundation Downers Grove, IL | $3,829,903 | $697,250 |
Oklahoma Council On Economic Education Edmond, OK | $112,875 | $446,222 |
Nebraska Council On Economic Education Lincoln, NE | $1,082,845 | $321,529 |
Kansas Council On Economic Education Wichita, KS | $23,520 | $249,067 |
Illinois Council On Economic Education D/B/A Econ Illinois Dekalb, IL | $608,266 | $259,221 |
World Council Of Economic Policy Inc Norman, OK | $90 | $3,275 |
Ronald Coase Institute St Louis, MO | $600,911 | $85,720 |
Macro-Finance Society Chicago, IL | $33,156 | $0 |