Skip to content
Nonprofiteer
← R STREET INSTITUTE

Form 990 for tax year 2023

Filed by R STREET INSTITUTE.

Totals

Total revenue
$11,048,315
Total expenses
$14,224,826
Contributions and grants received
$10,987,175
Grants paid
$164,938
Program service revenue
$0
Investment income
$1,581
Other revenue
$59,559
Total assets, end of year
$8,145,696
Total liabilities, end of year
$1,973,425
Net assets or fund balances, end of year
$6,172,271
Program services expenses (Part IX)
$12,281,132
Management and general expenses
$1,580,680
Fundraising expenses
$363,014
Program service expenses (Part III)
$12,281,132

Program services were 86.3% 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

    $10,987,175

  • 3 · Investment income

    total $1,581 · excluded $1,581

  • 11a · Other revenue: MISCELLANEOUS

    total $44,313 · excluded $44,313

  • 11b · Other revenue: CREDIT CARD REWARDS

    total $15,246 · excluded $15,246

  • 11e · Other revenue, total

    $59,559

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $164,938 · program services $164,938

  • 5 · Compensation of officers, directors and key employees

    total $627,011 · program services $290,181 · management and general $319,761 · fundraising $17,069

  • 7 · Other salaries and wages

    total $8,817,849 · program services $8,046,130 · management and general $502,553 · fundraising $269,166

  • 8 · Pension plan contributions

    total $285,843 · program services $256,042 · management and general $20,847 · fundraising $8,954

  • 9 · Other employee benefits

    total $744,881 · program services $506,275 · management and general $220,907 · fundraising $17,699

  • 10 · Payroll taxes

    total $714,722 · program services $619,452 · management and general $74,145 · fundraising $21,125

  • 11b · Fees: legal

    total $49,959 · program services $32,815 · management and general $16,057 · fundraising $1,087

  • 11c · Fees: accounting

    total $72,208 · program services $47,429 · management and general $23,208 · fundraising $1,571

  • 11g · Fees: other

    total $784,356 · program services $704,599 · management and general $74,704 · fundraising $5,053

  • 12 · Advertising and promotion

    total $3,514 · program services $3,478 · management and general $34 · fundraising $2

  • 13 · Office expenses

    total $126,801 · program services $91,503 · management and general $32,139 · fundraising $3,159

  • 14 · Information technology

    total $56,768 · program services $44,456 · management and general $11,532 · fundraising $780

  • 16 · Occupancy

    total $397,168 · program services $222,488 · management and general $167,314 · fundraising $7,366

  • 17 · Travel

    total $527,375 · program services $479,215 · management and general $43,321 · fundraising $4,839

  • 19 · Conferences, conventions and meetings

    total $518,245 · program services $493,943 · management and general $22,418 · fundraising $1,884

  • 22 · Depreciation, depletion and amortization

    total $8,615 · program services $3,185 · management and general $5,325 · fundraising $105

  • 23 · Insurance

    total $46,224 · program services $30,362 · management and general $14,857 · fundraising $1,005

  • 24a · Other expenses: BOOKS & SUBSCRIPTIONS

    total $218,215 · program services $197,640 · management and general $19,258 · fundraising $1,317

  • 24b · Other expenses: PAYROLL FEES

    total $25,023 · program services $16,436 · management and general $8,043 · fundraising $544

  • 24c · Other expenses: DUES

    total $21,664 · program services $21,261 · management and general $377 · fundraising $26

  • 24d · Other expenses: REGISTRATION FEES

    total $7,939 · program services $5,686 · management and general $2,110 · fundraising $143

  • 24e · All other expenses

    total $5,508 · program services $3,618 · management and general $1,770 · fundraising $120

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,199,142 · end of year $2,688,593

  • 2 · Savings and temporary cash investments

    beginning of year $1,332,417 · end of year $1,333,727

  • 4 · Accounts receivable

    beginning of year $3,042,132 · end of year $2,313,958

  • 9 · Prepaid expenses and deferred charges

    beginning of year $185,281 · end of year $157,940

  • 10a · Land, buildings and equipment: cost or other basis

    $119,092

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,766

  • 10c · Land, buildings and equipment, net

    beginning of year $7,705 · end of year $115,326

  • 15 · Other assets

    beginning of year $366,214 · end of year $1,536,152

  • 17 · Accounts payable and accrued expenses

    beginning of year $402,368 · end of year $400,344

  • 25 · Other liabilities

    beginning of year $381,741 · end of year $1,573,081

  • 27 · Net assets without donor restrictions

    beginning of year $5,474,787 · end of year $3,493,116

  • 28 · Net assets with donor restrictions

    beginning of year $3,873,995 · end of year $2,679,155

Mission and programs · 2023

Mission

THE R STREET INSTITUTE IS A NONPROFIT, NONPARTISAN, PUBLIC-POLICY RESEARCH ORGANIZATION ("THINK TANK"). OUR MISSION IS TO ENGAGE IN POLICY RESEARCH AND OUTREACH TO PROMOTE FREE MARKETS AND LIMITED, EFFECTIVE GOVERNMENT. (CONTINUED ON SCHEDULE O)

Activities or mission (Part I)

SEE PART III, LINE 1.

  • CRIMINAL JUSTICE & CIVIL LIBERTIES:R STREET'S CRIMINAL JUSTICE AND CIVIL LIBERTIES POLICY PROGRAM WORKS ACROSS THE IDEOLOGICAL SPECTRUM ON PUBLIC POLICY IMPACTING ALMOST EVERY STAGE OF THE CRIMINAL JUSTICE SYSTEM: INCARCERATION, JUVENILE JUSTICE, POLICING, PRETRIAL, BAIL REFORM, REENTRY AND SENTENCING. OUR REFORMS ARE GROUNDED IN ENSURING PUBLIC SAFETY, DUE PROCESS, FISCAL RESPONSIBILITY AND INDIVIDUAL LIBERTY.

    Expenses $2,090,218 · Grants $1,111

  • GOVERNANCE:R STREET'S GOVERNANCE PROGRAM AIMS TO ASSESS AND IMPROVE AMERICA'S SYSTEM OF SELF-GOVERNANCE, WITH A FOCUS ON CONGRESS AND OUR ELECTORAL SYSTEM. THIS YEAR, THE GOVERNANCE TEAM'S WORK FOCUSED ON CONTINUED EFFORTS TO MODERNIZE THE LEGISLATIVE BRANCH, BROAD COALITION WORK AROUND IMPROVING OUR ELECTORAL SYSTEM AND DEFENDING ELECTION OFFICIALS AND VOTERS FROM VIOLENCE, REDUCING RAMPANT OVERSPENDING ON CAPITOL HILL, AND EDUCATING LAWMAKERS, STAFF, AND THE PUBLIC ABOUT THEIR POWERS IN CONGRESS THROUGH WRITTEN WORK, BRIEFINGS AND PODCASTS LIKEPOLITICS IN QUESTION.

    Expenses $1,808,318 · Grants $69,631

  • TECHNOLOGY & INNOVATION:R STREET'S TECHNOLOGY AND INNOVATION POLICY PROGRAM SUPPORTS AMERICAN INNOVATION AND PUSHES BACK AGAINST REGULATORY IMPEDIMENTS TO ECONOMIC PROGRESS, INDIVIDUAL LIBERTY, AND FREE SPEECH. THE TEAM'S WORK THIS YEAR INCLUDED DEFENDING AGAINST MISGUIDED ANTITRUST LAWS IN CONGRESS, THWARTING ATTACKS ON CONTENT MODERATION AND SECTION 230 - FROM BOTH POLITICAL PARTIES - AS WELL AS OUTLINING THE FUTURE OF ARTIFICIAL INTELLIGENCE, BROADBAND DEPLOYMENT AND INTERNET GOVERNANCE IN THE UNITED STATES.

    Expenses $1,806,689 · Grants $1,053

  • HARM REDUCTION:R STREET'S HARM REDUCTION PROGRAM IS GROUNDED IN AN UNDERSTANDING THAT "ABSTINENCE ONLY" APPROACHES TO RISKY BEHAVIOR ARE INEFFECTIVE. WITH THIS IN MIND, RSI FOCUSES ON HARM-REDUCTION APPROACHES THAT RECOGNIZE THAT HARMFUL BEHAVIORS MAY CONTINUE TO HAPPEN EVEN AS POLICIES ARE ENACTED TO HELP MITIGATEIF NOT ELIMINATETHOSE HARMS. THE PROGRAM CONNECTS THE DOTS BETWEEN HISTORICALLY SILOED ISSUES SUCH AS: TOBACCO, CANNABIS, AND ILLICIT DRUG USE.

    Expenses $1,714,030 · Grants $13,770

  • ENERGY AND ENVIRONMENT:R STREET'S ENERGY AND ENVIRONMENT TEAM SEEKS A CLEANER ENVIRONMENT THROUGH A COMBINATION OF A THRIVING ECONOMY, WELL-FOUNDED SCIENCE, AND PRINCIPLES OF MARKET COMPETITION AND LIMITED GOVERNMENT. OUR EXPERTS HAVE DEEP EXPERTISE IN CLIMATE AND EVIRONMENTAL POLICY, AS WELL AS ELECTRICITY POLICY.

    Expenses $1,699,768 · Grants $77,570

  • COMPETITION POLICY:R STREET'S COMPETITION POLICY PROGRAM ADDRESSES GOVERNMENT BARRIERS THAT HURT BUSINESSES AND PEOPLE. WE SUPPORT MARKET-ORIENTED POLICY SOLUTIONS THAT ENHANCE FREE ENTERPRISE, CONSUMER CHOICE AND PUBLIC WELL-BEING. THE TEAM FOCUSES PRIMARILY ON OCCUPATIONAL LICENSING, ALCOHOL POLICY, HEALTH CARE DISINTERMEDIATION, TELEHEALTH POLICY, ANTI-POVERTY PROGRAMMING AND REGULATORY REFORM.

    Expenses $1,070,266 · Grants $632

  • CYBERSECURITY & EMERGING THREATS:R STREET'S CYBERSECURITY AND EMERGING THREATS TEAM WORKS ON DATA SECURITY AND DATA PRIVACY AT THE FEDERAL AND STATE LEVELS, EMERGING CYBER AND NATIONAL SECURITY THREATS, CYBER IMPACTS ON THE PRIVATE SECTOR, AND WORKFORCE DIVERSITY IN CYBERSECURITY, AMONG OTHER PRESSING PUBLIC POLICY CONCERNS.

    Expenses $1,022,627 · Grants $593

  • FINANCE, INSURANCE AND TRADE:R STREET'S INSURANCE POLICY PROGRAM EXPLORES EFFICIENT AND EFFECTIVE MARKET-BASED APPROACHES TO PUBLIC POLICY QUESTIONS THAT INVOLVE THE TRANSFER OF RISK. AMONG ITS PRIORITIES ARE RISK-BASED INSURANCE REGULATION, ENDING ENVIRONMENTALLY DESTRUCTIVE TAXPAYER SUBSIDIES THROUGH THE NATIONAL FLOOD INSURANCE PROGRAM AND THE FEDERAL CROP INSURANCE CORP. AND EXPLORING THE BENEFITS OF MITIGATION THROUGH PROGRAMS LIKE THE RESTORE ACT AND THE COASTAL BARRIER RESOURCES SYSTEM.

    Expenses $991,270 · Grants $578

  • LOBBYING

    Expenses $77,946

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Susanna Dokupil

    BOARD CHAIRWOMAN

    Total calculated
    $0
    Hours/week
    0.5
  • Robert Watkins

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Stephen Weinstein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ryan Calo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Pablo Carrillo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Marla Dean

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • John Graham

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Elizabeth Frazee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Katie Harbath

    BOARD MEMBER (FROM 06/23)

    Total calculated
    $0
    Hours/week
    0.5
  • Simone Syed

    BOARD MEMBER (FROM 06/23)

    Total calculated
    $0
    Hours/week
    0.5
  • Artur Davis

    BOARD MEMBER (UNTIL 06/23)

    Total calculated
    $0
    Hours/week
    0.5
  • Elias Rothenberg-Lehrer

    PRESIDENT

    Total calculated
    $341,389
    From this org
    $309,712
    From related orgs
    $0
    Other
    $31,677
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $309,712
    Bonus
    $0
    Other
    $0
    Deferred
    $12,238
    Nontaxable benefits
    $19,439
    Filer's total
    $341,389
  • Erica Schoder

    EXECUTIVE DIRECTOR

    Total calculated
    $285,622
    From this org
    $267,019
    From related orgs
    $0
    Other
    $18,603
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,019
    Bonus
    $0
    Other
    $0
    Deferred
    $9,185
    Nontaxable benefits
    $9,418
    Filer's total
    $285,622
  • Sabrina Schaeffer

    VP. PUBLIC AFFAIRS

    Total calculated
    $213,370
    From this org
    $207,270
    From related orgs
    $0
    Other
    $6,100
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,336
    Bonus
    $4,934
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $6,100
    Filer's total
    $213,370
  • Mazen Saleh

    DIR. HARM REDUCTION

    Total calculated
    $225,995
    From this org
    $206,316
    From related orgs
    $0
    Other
    $19,679
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,761
    Bonus
    $5,555
    Other
    $0
    Deferred
    $8,327
    Nontaxable benefits
    $11,352
    Filer's total
    $225,995
  • Devin Hartman

    DIR. ENERGY & ENVIRONMENT

    Total calculated
    $210,514
    From this org
    $201,822
    From related orgs
    $0
    Other
    $8,692
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,767
    Bonus
    $3,055
    Other
    $0
    Deferred
    $8,179
    Nontaxable benefits
    $513
    Filer's total
    $210,514
  • Jillian Snider

    DIR.CJ & CIVIL LIBERTIES

    Total calculated
    $207,779
    From this org
    $199,294
    From related orgs
    $0
    Other
    $8,485
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,739
    Bonus
    $2,555
    Other
    $0
    Deferred
    $7,972
    Nontaxable benefits
    $513
    Filer's total
    $207,779
  • Wayne Brough

    DIR. TECHNOLOGY & INNOVATION

    Total calculated
    $203,342
    From this org
    $198,650
    From related orgs
    $0
    Other
    $4,692
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,095
    Bonus
    $2,555
    Other
    $0
    Deferred
    $4,179
    Nontaxable benefits
    $513
    Filer's total
    $203,342

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

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
AS PART OF THE WELLNESS BENEFITS OFFERED TO FULL TIME STAFF, THE COMPANY REIMBURSES HEALTH CLUB DUES UP TO A CERTAIN AMOUNT PER YEAR.
PART I, LINE 7
BASED ON MERIT OF PERFORMANCE, THE FOLLOWING EMPLOYEES RECEIVED BONUS PAYMENTS: - SABRINA SCHAEFFER $4,934 - DEVIN HARTMAN $3,055 - MAZEN SALEH $5,555 - JILLIAN SNIDER $2,555 - WAYNE BROUGH $2,555

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

  • TO COLLABORATE ON THE GOVERNANCE POLICY PROGRAM IN AN EFFORT TO EXPLORE THE OUTLINES OF CONSERVATIVE PRO-DEMOCRACY MOVEMENT

  • CLIMATE CHANGE MITIGATION AND ADAPTION POLICY VISION THAT RESONATES IN FLORIDA

  • CLIMATE CHANGE MITIGATION AND ADAPTION POLICY VISION THAT RESONATES IN FLORIDA

  • PRE-CONFERENCE SPONSORSHIP

  • TO COLLABORATE WITH THE OPERATIONS TEAM IN THE RECRUITING EFFORTS

  • TO COLLABORATE ON A HARM REDUCTION POLICY PROGRAM TO DEVELOP AND PUBLISH REPORTS PERTAINING TO VARIOUS TOPICS ON HARM REDUCTION

  • TO PRODUCE RESEARCH AND ORIGINAL CONTENT AND TO PARTICIPATE IN POPULAR MEDIA, TO BRING IDEAS OF ELECTORAL REFORM TO A BROAD, BIPARTISAN AUDIENCE TO INCREASE INTEREST IN REFORM ON THE POLITICAL RIGHT

Provenance

Return type
form_990
Tax year
2023
Filed
16 October 2024
IRS schema version
2023v5.1
Source object
202402909349300610

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

The source document this was parsed from is served over the API, which is where bulk and document access live.