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← INSTITUTE FOR LAW AND ECONOMIC POLICY INC

Form 990 for tax year 2024

Filed by INSTITUTE FOR LAW AND ECONOMIC POLICY INC.

Totals

Total revenue
$137,029
Total expenses
$245,906
Contributions and grants received
$132,115
Grants paid
$0
Program service revenue
$1,090
Investment income
$2,601
Other revenue
$1,223
Total assets, end of year
$229,768
Total liabilities, end of year
$21,408
Net assets or fund balances, end of year
$208,360
Program services expenses (Part IX)
$239,420
Management and general expenses
$6,486
Fundraising expenses
$0
Program service expenses (Part III)
$239,420

Program services were 97.4% 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

    $132,115

  • 2a · Program service revenue: CONFERENCE

    total $1,090 · related or exempt $1,090

  • 3 · Investment income

    total $2,601 · excluded $2,601

  • 11a · Other revenue: MISCELLANEOUS

    total $1,223 · related or exempt $1,223

  • 11e · Other revenue, total

    $1,223

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $4,471 · management and general $4,471

  • 14 · Information technology

    total $2,015 · management and general $2,015

  • 19 · Conferences, conventions and meetings

    total $239,420 · program services $239,420

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $334,737 · end of year $208,448

  • 4 · Accounts receivable

    beginning of year $3,000 · end of year $21,320

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,500 · end of year $21,408

  • 27 · Net assets without donor restrictions

    beginning of year $292,237 · end of year $208,360

  • 28 · Net assets with donor restrictions

    beginning of year $25,000 · end of year $0

Mission and programs · 2024

Mission

THE INSTITUTE FOR LAW AND ECONOMIC POLICY IS A PUBLIC POLICY RESEARCH AND EDUCATIONAL FOUNDATION ESTABLISHED TO PRESERVE STUDY AND ENHANCE ACCESS TO THE CIVIL JUSTICE SYSTEM BY ALL CONSUMERS AND INVESTORS.

Activities or mission (Part I)

PUBLIC POLICY RESEARCH AND EDUCATIONAL FOUNDATION

  • PRESENTATION OF VIEWS, OPINIONS & TOPICS IN AN OPEN FORUM WHERE SPEAKERS WHO ARE EXPERTS IN THEIR FIELDS ARE ABLE TO EXPRESS THEIR SUBJECT MATTER.

    Expenses $239,420 · Revenue $2,313

As filed on the 2024 return.

Listed in Part VII

  • Laura Stein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    15

  • Laura Posner

    PRESIDENT

    Total calculated
    $0
    Hours/week
    15

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202543169349300049

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