Institute For Energy Research is located in Washington, DC. The organization was established in 1985. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 12/2023, Institute For Energy Research employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Energy Research 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, Institute For Energy Research generated $2.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE INSTITUTE FOR ENERGY RESEARCH (IER) IS A NOT-FOR-PROFIT ORGANIZATION THAT CONDUCTS INTENSIVE RESEARCH AND ANALYSIS ON THE FUNCTIONS, OPERATIONS, AND GOVERNMENT REGULATION OF GLOBAL ENERGY MARKETS. IER MAINTAINS THAT FREELY FUNCTIONING ENERGY MARKETS PROVIDE THE MOST EFFICIENT AND EFFECTIVE SOLUTIONS TO TODAY'S GLOBAL ENERGY AND ENVIRONMENTAL CHALLENGES AND, AS SUCH, ARE CRITICAL TO THE WELL-BEING OF INDIVIDUALS AND SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EDUCATION: IER TURNS RESEARCH INTO EDUCATIONAL MATERIALS. IER'S COMMUNICATION AND EDUCATION EFFORTS ARE DISSEMINATED EMPLOYING BOTH TRADITIONAL AND NEW MEDIA TO EDUCATE POLICY MAKERS, THE MEDIA, THE GENERAL PUBLIC, AND OTHER CONSTITUENCIES ON ENERGY ISSUES AND SOUND ENERGY AND ENVIRONMENTAL POLICY.
RESEARCH: IER CONDUCTS INTENSIVE, ORIGINAL RESEARCH AND ANALYSIS ON THE FUNCTIONS, OPERATIONS, AND GOVERNMENT REGULATION OF GLOBAL ENERGY MARKETS. IER HAS EARNED A SOLID REPUTATION AS A PREMIER SOURCE OF ACCURATE, SUBSTANTIVE AND TIMELY ENERGY INFORMATION FOR POLICY MAKERS, THE MEDIA, AND PUBLIC. IER'S SCHOLARLY RESEARCH PROVIDES THE INTELLECTUAL UNDERPINNINGS FOR OUR EDUCATIONAL EFFORTS. THIS YEAR WE FOCUSED ON IMPEDIMENTS TO DOMESTIC ENERGY PRODUCTION, INCLUDING GOVERNMENT RESTRICTIONS ON ACCESS, BURDENSOME REGULATIONS, AND THE FAVORITISM OF ENERGY SOURCES THAT ARE UNSUSTAINABLE IN THE MARKETPLACE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Preston Marshall Director/chairman | OfficerTrustee | 1 | $0 |
James H Clarkson Director | Trustee | 1 | $0 |
Wayne Gable Director | Trustee | 1 | $0 |
Steven F Hayward Director | Trustee | 1 | $0 |
Trent Sebits Director | Trustee | 1 | $0 |
Robert L Bradley Jr Chief Executive Officer/founder | Officer | 47 | $169,529 |
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 | $2,234,757 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,234,757 |
Total Program Service Revenue | $806 |
Investment income | $11,620 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $41,100 |
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 | $2,295,957 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $175,000 |
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. | $535,307 |
Compensation of current officers, directors, key employees. | $29,640 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $452,916 |
Pension plan accruals and contributions | $16,437 |
Other employee benefits | $33,972 |
Payroll taxes | $55,149 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,773 |
Fees for services: Accounting | $80,398 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $523,385 |
Advertising and promotion | $55,256 |
Office expenses | $22,867 |
Information technology | $16,228 |
Royalties | $0 |
Occupancy | $108,965 |
Travel | $38,954 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,600 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,489 |
Insurance | $35,324 |
All other expenses | $11,025 |
Total functional expenses | $2,361,444 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $86,723 |
Savings and temporary cash investments | $1,672,012 |
Pledges and grants receivable | $21,011 |
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 | $3,101 |
Prepaid expenses and deferred charges | $34,038 |
Net Land, buildings, and equipment | $39,369 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $664,384 |
Total assets | $2,520,638 |
Accounts payable and accrued expenses | $129,295 |
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 | $350,294 |
Total liabilities | $479,589 |
Net assets without donor restrictions | $1,966,049 |
Net assets with donor restrictions | $75,000 |
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 | $2,520,638 |