Mercatus Center Inc

Organization Overview

Mercatus Center Inc is located in Arlington, VA. The organization was established in 1988. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 08/2022, Mercatus Center Inc employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercatus Center 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 08/2022, Mercatus Center Inc generated $50.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $45.1m during the year ending 08/2022. While expenses have increased by 8.8% 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 2015, Mercatus Center Inc has awarded 252 individual grants totaling $70,939,281. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BRIDGE THE GAP BETWEEN ACADEMIC RESEARCH AND PUBLIC POLICY PROBLEMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNIVERSITY RESEARCH & TEACHING - SUPPORTS ACADEMIC RESEARCH AND FACULTY ACTIVITIES AT GEORGE MASON UNIVERSITY AND ELSEWHERE TO ADVANCE AND APPLY A RESEARCH AGENDA FOR UNDERSTANDING INSTITUTIONS AND CHANGE OR BROADLY ADVANCE A FREE AND PROSPEROUS SOCIETY.


APPLIED RESEARCH- CONDUCT ECONOMIC RESEARCH OF CONSEQUENCE THAT MAKES SENSE OF PUBLIC POLICY PROBLEMS AND PUTS FORWARD SOLUTIONS THAT MAXIMIZE INDIVIDUAL FREEDOM AND PROSPERITY.


STUDENT PROGRAMS - SUPPORT GRADUATE STUDENTS AT GEORGE MASON UNIVERSITY AND ELSEWHERE TRAINING FUTURE SCHOLARS AND DECISION-MAKERS TO ADVANCE AND APPLY A RESEARCH AGENDA FOR UNDERSTANDING INSTITUTIONS AND CHANGE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Morgan Meredith & Associates
Direct Mail Marketing Services
$285,310
Salesforcecom
Cloud-based Online Software Services
$165,284
Renaissance Arlington Capital
Catering Services
$144,305
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$49,537,054
Noncash contributions included in lines 1a–1f $411,662
Total Revenue from Contributions, Gifts, Grants & Similar$49,537,054
Total Program Service Revenue$153,426
Investment income $88,257
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $292,515
Net Gain/Loss on Asset Sales $34,324
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $50,106,510

Grants Awarded

Over the last fiscal year, Mercatus Center Inc has awarded $8,183,895 in support to 58 organizations.

Grant RecipientAmount

UNIVERSITY OF WASHINGTON SEATTLE

PURPOSE: Research Grants

$4,195,000

GEORGE MASON UNIVERSITY

PURPOSE: University Research & Teaching / Education Grants

$683,483

New Haven, CT

PURPOSE: University Research & Teaching / Education Grants

$400,000

CALIFORNIA INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Pasadena, CA

PURPOSE: Research Grant

$300,000

GEORGE MASON UNIVERSITY FOUNDATION

Org PageRecipient Profile

Fairfax, VA

PURPOSE: University Research & Teaching / Education Grants

$223,000

UNIVERSITY OF PITTSBURGH

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: University Research & Teaching / Education Grants

$109,406
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mercatus Center Inc has recieved totaling $19,000.

Awarding OrganizationAmount
John E & Sue M Jackson Charitable Trust

Pittsburgh, PA

PURPOSE: ADAM SMITH FELLOWSHIPS

$15,000
James Deering Danielson Foundation

Chicago, IL

PURPOSE: EDUCATIONAL

$4,000
View Grant Recipient Profile

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