Ludwig Von Mises Institute For Austrian Economics Inc

Organization Overview

Ludwig Von Mises Institute For Austrian Economics Inc is located in Auburn, AL. The organization was established in 1982. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 12/2022, Ludwig Von Mises Institute For Austrian Economics Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ludwig Von Mises Institute For Austrian Economics Inc 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 12/2022, Ludwig Von Mises Institute For Austrian Economics Inc generated $11.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $6.3m during the year ending 12/2022. While expenses have increased by 7.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE ECONOMIC THEORIES OF LUDWIG VON MISES, HIS PREDECESSORS AND HIS SUCCESSORS, THROUGH TEACHING PROGRAMS, RESEARCH, FELLOWSHIPS AND SCHOLARLY PUBLICATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVANCEMENT OF ECONOMIC SCIENCE THROUGH PUBLICATIONS AND TEACHING PROGRAMS FOR STUDENTS, SCHOLARS AND OTHERS INTERESTED IN ECONOMIC EDUCATION.


TEACHING CONFERENCES, SEMINARS & COLLOQUIA


STUDENT FELLOWSHIP AND RESEARCH GRANTS. SUPPORT OF STUDENTS, FACULTY & POST-DOCTORAL FELLOWS IN ECONOMICS.


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Board, Officers & Key Employees

Name (title)Compensation
Llewellyn H Rockwell Jr
Chairman
$239,413
Jeffrey E Deist
President
$230,000
Patricia O Barnett
Vice President
$0
Deborah Ayers
Director
$0
Daniel Ajamian
Director
$0
Steven Berger
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,985
All other contributions, gifts, grants, and similar amounts not included above$10,805,663
Noncash contributions included in lines 1a–1f $6,451,641
Total Revenue from Contributions, Gifts, Grants & Similar$10,810,648
Total Program Service Revenue$222,493
Investment income $409,188
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,299
Net Gain/Loss on Asset Sales -$190,561
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $177,721
Miscellaneous Revenue$0
Total Revenue $11,477,273

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