American Brownstone Institute
- Assets
- $3.2m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- Data as of
- 12/2023
- EIN
- 87-1368060
Organization Overview
American Brownstone Institute is located in Austin, TX. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2023, American Brownstone Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Brownstone 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, American Brownstone Institute generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. 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
BROWNSTONE INSTITUTE PROVIDES AN INDEPENDENT VOICE FOR PERSONAL LIBERTY AND FREE ENTERPRISE. THE INSTITUTE PUBLISHES ONGOING RESEARCH, HOSTS EDUCATIONAL PROGRAMS, SPONSORS SCHOLARS AND INTERNS, AND PROVIDES CLEAR INSIGHT AND COMMUNICATION TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTED RESEARCH IN AREAS INCLUDING HISTORY, POLITICS, ECONOMICS, SCIENCE, PSYCHOLOGY AND SOCIOLOGY. TOPICS INCLUDED REVEALING HARD TRUTHS RELATED TO PUBLIC HEALTH, GENERATING NEW IDEAS IN PUBLIC HEALTH, SCIENTIFIC DISCOURSE, ECONOMICS, AND SOCIAL THEORY WITH THE GOAL OF DEFENDING AND PROMOTING LIBERTY. INFORMATION AND ARTICLES WERE PUBLISHED ON THE INSTITUTE'S WEBSITE AND SOCIAL MEDIA, IN PRINT AND AUDIO FORMATS. IN ADDITION, EDUCATIONAL CONFERENCES AND LECTURE DINNERS AND GATHERINGS WERE HELD WITH THE GOAL OF EDUCATING THOSE IN ATTENDANCE REGARDING PERSONAL LIBERTY AND FREE ENTERPRISE, ACROSS ALL AREAS OF OUR SOCIETY. PRINT MATERIALS WERE ALSO PRODUCED TO EDUCATE READERS IN OUR POST-LOCKDOWN WORLD BY EXAMINING THE GLOBAL CRISES CREATED BY POLICY RESPONSES TO THE COVID-19 PANDEMIC OF 2020, DISCOVERING AND EXPLAINING ALTERNATIVE PATHS, WAKING THE WORLD TO TRUTHS, AND SEEKING REFORMS TO PREVENT SUCH EVENTS FROM HAPPENING AGAIN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucio Eastman Digital & Media Architect | 40 | $157,290 | |
Donald Boudreaux Director | Trustee | 0 | $0 |
George Gilder Director | Trustee | 0 | $0 |
Bob Luddy Director | Trustee | 0 | $0 |
David Stockman Director | Trustee | 0 | $0 |
Roger Ver Director | Trustee | 0 | $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 | $2,288,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,288,406 |
| Total Program Service Revenue | $111,122 |
| Investment income | $53,808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,866 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,447,470 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $250,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $157,290 |
| Compensation of current officers, directors, key employees. | $133,697 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $706,454 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,605 |
| Payroll taxes | $15,156 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $600 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,303 |
| Fees for services: Other | $20,240 |
| Advertising and promotion | $17,643 |
| Office expenses | $8,513 |
| Information technology | $5,757 |
| Royalties | $0 |
| Occupancy | $443 |
| Travel | $51,636 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $189,597 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,642 |
| All other expenses | $1,570 |
| Total functional expenses | $1,482,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $674,682 |
| Savings and temporary cash investments | $0 |
| 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 | $2,517,392 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,192,074 |
| 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 | $3,192,074 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,192,074 |