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Nonprofiteer
← MERCATUS CENTER INC

Form 990 for tax year 2023

Filed by MERCATUS CENTER INC.

Totals

Total revenue
$39,338,379
Total expenses
$44,809,520
Contributions and grants received
$37,253,749
Grants paid
$9,944,320
Program services expenses (Part IX)
$41,244,965
Management and general expenses
$1,432,885
Fundraising expenses
$2,131,670
Program service expenses (Part III)
$41,244,965

Program services were 92.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Tyler Cowen

    Chairman

    Total calculated
    $133,378
    From this org
    $133,378
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Richard Fink

    Director

    Total calculated
    $0
    Hours/week
    1

  • Vernon Smith

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brian Hooks

    Director

    Total calculated
    $0
    Hours/week
    1

  • Emily Chamlee-Wright

    Director

    Total calculated
    $0
    Hours/week
    1

  • Edwin Meese

    Director

    Total calculated
    $0
    Hours/week
    1

  • Manuel Johnson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Donald Boudreaux

    Director

    Total calculated
    $96,300
    From this org
    $96,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Salen Churi

    Director

    Total calculated
    $0
    Hours/week
    1

  • Samuel Bowman

    Director

    Total calculated
    $0
    Hours/week
    1

  • Katherine Boyle

    Director

    Total calculated
    $0
    Hours/week
    1

  • Virgil Henry Storr

    Director/ VP Academic & Student Programs

    Total calculated
    $247,372
    From this org
    $247,251
    From related orgs
    $0
    Other
    $121
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $86,250
    Bonus
    $161,001
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $121
    Filer's total
    $247,372

  • Benjamin Klutsey

    Executive Director

    Total calculated
    $214,475
    From this org
    $192,466
    From related orgs
    $0
    Other
    $22,009
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,466
    Bonus
    $37,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $22,009
    Filer's total
    $214,475

  • Daniel Rothschild

    Executive Director

    Total calculated
    $536,530
    From this org
    $503,750
    From related orgs
    $0
    Other
    $32,780
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,750
    Bonus
    $250,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $32,780
    Filer's total
    $536,530

  • Jennifer Zambone

    Secretary & VP of Operations

    Total calculated
    $274,129
    From this org
    $263,150
    From related orgs
    $0
    Other
    $10,979
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,150
    Bonus
    $60,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,979
    Filer's total
    $274,129

  • Gary Leff

    Treasurer & CFO

    Total calculated
    $215,989
    From this org
    $195,000
    From related orgs
    $0
    Other
    $20,989
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $148,333
    Bonus
    $46,667
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,989
    Filer's total
    $215,989

  • Daniel Butler

    Senior Director of Development

    Total calculated
    $362,476
    From this org
    $335,129
    From related orgs
    $0
    Other
    $27,347
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,129
    Bonus
    $130,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,347
    Filer's total
    $362,476

  • Veronique De Rugy

    Senior Research Fellow

    Total calculated
    $336,074
    From this org
    $315,671
    From related orgs
    $0
    Other
    $20,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,653
    Bonus
    $90,000
    Other
    $18
    Deferred
    $0
    Nontaxable benefits
    $20,403
    Filer's total
    $336,074

  • Eileen Norcross

    VP of Policy Research

    Total calculated
    $302,480
    From this org
    $275,929
    From related orgs
    $0
    Other
    $26,551
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,929
    Bonus
    $65,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,551
    Filer's total
    $302,480

  • Alden Abbott

    Senior Research Fellow

    Total calculated
    $236,652
    From this org
    $235,860
    From related orgs
    $0
    Other
    $792
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,860
    Bonus
    $15,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $792
    Filer's total
    $236,652

  • Brian Knight

    Director of Innovation and Governance

    Total calculated
    $249,038
    From this org
    $233,255
    From related orgs
    $0
    Other
    $15,783
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,255
    Bonus
    $40,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,783
    Filer's total
    $249,038

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 — 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 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
24 February 2025
IRS schema version
2023v6.0
Source object
202530569349300628

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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