Totals
- Total revenue
- $2,083,527
- Total expenses
- $2,219,428
- Contributions and grants received
- $2,065,089
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $19,896
- Other revenue
- -$1,458
- Total assets, end of year
- $1,000,783
- Total liabilities, end of year
- $265,013
- Net assets or fund balances, end of year
- $735,770
- Program services expenses (Part IX)
- $1,401,461
- Management and general expenses
- $311,425
- Fundraising expenses
- $506,542
- Program service expenses (Part III)
- $1,401,461
Program services were 63.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,065,089
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $19,896 · excluded $19,896
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$8,526
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$9,984
-
8c · Net income from fundraising events
total -$1,458 · excluded -$1,458
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $276,054 · program services $163,833 · management and general $42,226 · fundraising $69,995
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $1,202,809 · program services $713,842 · management and general $183,991 · fundraising $304,976
-
8 · Pension plan contributions
total $25,819 · program services $15,323 · management and general $3,950 · fundraising $6,546
-
9 · Other employee benefits
total $191,112 · program services $113,421 · management and general $29,234 · fundraising $48,457
-
10 · Payroll taxes
total $125,786 · program services $74,652 · management and general $19,241 · fundraising $31,893
-
11b · Fees: legal
total $1,350 · program services $1,024 · management and general $196 · fundraising $130
-
11c · Fees: accounting
total $27,725 · program services $21,027 · management and general $4,018 · fundraising $2,680
-
11d · Fees: lobbying
total $15,000 · program services $15,000 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $133,176 · program services $105,720 · management and general $9,782 · fundraising $17,674
-
12 · Advertising and promotion
total $50,073 · program services $49,863 · management and general $126 · fundraising $84
-
13 · Office expenses
total $4,467 · program services $2,764 · management and general $471 · fundraising $1,232
-
14 · Information technology
total $21,637 · program services $17,854 · management and general $1,212 · fundraising $2,571
-
16 · Occupancy
total $76,780 · program services $57,585 · management and general $11,517 · fundraising $7,678
-
17 · Travel
total $25,597 · program services $20,779 · management and general $2,452 · fundraising $2,366
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $174 · program services $92 · management and general $22 · fundraising $60
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $17,813 · program services $13,360 · management and general $2,672 · fundraising $1,781
-
23 · Insurance
total $2,488 · program services $1,322 · management and general $315 · fundraising $851
-
24a · Other expenses: Events & Receptions
total $21,568 · program services $14,000 · fundraising $7,568
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $196,570 · end of year $427
-
2 · Savings and temporary cash investments
beginning of year $703,306 · end of year $363,106
-
3 · Pledges and grants receivable
beginning of year $2,500 · end of year $307,500
-
4 · Accounts receivable
beginning of year $402 · end of year $328
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $21,024 · end of year $13,734
-
10a · Land, buildings and equipment: cost or other basis
$174,044
-
10b · Land, buildings and equipment: accumulated depreciation
$136,787
-
10c · Land, buildings and equipment, net
beginning of year $55,069 · end of year $37,257
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $294,435 · end of year $278,431
-
17 · Accounts payable and accrued expenses
beginning of year $101,852 · end of year $30,293
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $299,783 · end of year $234,720
-
27 · Net assets without donor restrictions
beginning of year $48,671 · end of year $364,020
-
28 · Net assets with donor restrictions
beginning of year $823,000 · end of year $371,750
Mission and programs · 2024
Mission
A CONSERVATIVE PUBLIC POLICY THINK TANK, SUTHERLAND INSTITUTE IS PURSUING THE PATH TO "A NEW BIRTH OF FREEDOM" FOR AMERICA THROUGH A FREE MARKET ECONOMY, CIVIL SOCIETY, AND COMMUNITY-DRIVEN SOLUTIONS.
-
Outreach: The Institute strives to convene voices on all sides of important issues and facilitate sound, community-driven policy solutions. Newsletters, mailings, and events are all critical to both education and engagement. Newsletters provide summaries on important and topical issues. Events are held to coincide with policy publications and are held when topics rise to the level of public interest. Keynote speakers, ranging from elected officials to local and national subject experts, are joined by panelists representing diverse views.
Expenses $648,050
-
Research: As a think tank, policy research on complex issues is core to the operations of the Institute. This includes active studies of current and historical academic research, proposed legislation in Utah - the region - and nationally. Collaboration with other think tanks, issues-oriented organizations and educational institutions, is part of the process as well. The Institute monitors social and legislative efforts that threaten to limit free market function, religious liberty, and the prioritization of families. Potential limitations are often embedded in seemingly unrelated or nebulous legislation, which necessitates a careful and ongoing watch of priority areas.
Expenses $593,886
-
Lobbying: The Institute maintains government affairs staff who are registered lobbyists. The Institute reports its lobbying activities to the IRS using the expenditures test under a Section 501(h) election. Qualified and designated staff attend legislative sessions, interim sessions, and special sessions at Capitol Hill in Utah, and, at times, in Washington DC. Lobbyists are available to testify on the floor and before committees and sub-committees, meet with legislators, and determine areas of need with respect to the history and implications of pending legislation. Communications are shared on a nonpartisan basis through printed publications, fliers and emails. The Institute can provide policy research at a depth and scope that is difficult to obtain otherwise for members of a part-time legislature.
Expenses $159,525
As filed on the 2024 return.
Listed in Part VII
-
Brad Harr
board member
- Total calculated
- $0
- Hours/week
- 0.3
-
Brent Andrewsen
board member
- Total calculated
- $0
- Hours/week
- 0.3
-
Brent McKinley
board member
- Total calculated
- $0
- Hours/week
- 0.3
-
Greg Miller
board member
- Total calculated
- $0
- Hours/week
- 0.3
-
Howard Headlee
board member
- Total calculated
- $0
- Hours/week
- 0.3
-
John Sperry
board member
- Total calculated
- $0
- Hours/week
- 0.3
-
Rachel Brough
board member
- Total calculated
- $0
- Hours/week
- 0.3
-
Rick Larsen
president & ceo
- Total calculated
- $276,054
- From this org
- $247,047
- From related orgs
- $0
- Other
- $29,007
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $247,047
- Bonus
- $0
- Other
- $0
- Deferred
- $7,840
- Nontaxable benefits
- $21,167
- Filer's total
- $276,054
-
Derek Monson
chief growth officer
- Total calculated
- $225,907
- From this org
- $197,057
- From related orgs
- $0
- Other
- $28,850
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $197,057
- Bonus
- $0
- Other
- $0
- Deferred
- $795
- Nontaxable benefits
- $28,055
- Filer's total
- $225,907
-
Nic Dunn
VP Strategy & Senior Fellow
- Total calculated
- $177,409
- From this org
- $157,722
- From related orgs
- $0
- Other
- $19,687
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $157,722
- Bonus
- $0
- Other
- $0
- Deferred
- $600
- Nontaxable benefits
- $19,087
- Filer's total
- $177,409
-
Peter Reichard
chief development officer
- Total calculated
- $242,607
- From this org
- $223,202
- From related orgs
- $0
- Other
- $19,405
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $223,202
- Bonus
- $0
- Other
- $0
- Deferred
- $7,431
- Nontaxable benefits
- $11,974
- Filer's total
- $242,607
-
Stan Rasmussen
VP Government Affairs
- Total calculated
- $142,115
- From this org
- $123,109
- From related orgs
- $0
- Other
- $19,006
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202503219349306750
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