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Nonprofiteer
← MERCATUS CENTER INC

Form 990 for tax year 2022

Filed by MERCATUS CENTER INC.

Totals

Total revenue
$47,446,892
Total expenses
$49,250,629
Contributions and grants received
$45,540,249
Grants paid
$12,417,727
Program service revenue
$312,700
Investment income
$1,230,208
Other revenue
$363,735
Total assets, end of year
$43,118,804
Total liabilities, end of year
$5,523,818
Net assets or fund balances, end of year
$37,594,986
Program services expenses (Part IX)
$45,916,047
Management and general expenses
$1,343,615
Fundraising expenses
$1,990,967
Program service expenses (Part III)
$45,916,047

Program services were 93.2% 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
    $225,000
    From this org
    $225,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $225,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $225,000

  • 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
    $86,800
    From this org
    $86,800
    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 Prog

    Total calculated
    $218,798
    From this org
    $218,784
    From related orgs
    $0
    Other
    $14
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $77,500
    Bonus
    $141,284
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14
    Filer's total
    $218,798

  • Daniel Rothschild

    Executive Director

    Total calculated
    $535,644
    From this org
    $502,950
    From related orgs
    $0
    Other
    $32,694
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,950
    Bonus
    $260,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $32,694
    Filer's total
    $535,644

  • Jennifer Zambone

    Secretary & COO

    Total calculated
    $261,677
    From this org
    $250,850
    From related orgs
    $0
    Other
    $10,827
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,850
    Bonus
    $60,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,827
    Filer's total
    $261,677

  • Gary Leff

    Treasurer & CFO

    Total calculated
    $207,932
    From this org
    $187,000
    From related orgs
    $0
    Other
    $20,932
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $137,000
    Bonus
    $50,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,932
    Filer's total
    $207,932

  • Daniel Butler

    Senior Director of Development

    Total calculated
    $350,863
    From this org
    $334,365
    From related orgs
    $0
    Other
    $16,498
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,365
    Bonus
    $130,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,498
    Filer's total
    $350,863

  • Veronique De Rugy

    Senior Research Fellow

    Total calculated
    $322,524
    From this org
    $301,734
    From related orgs
    $0
    Other
    $20,790
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,734
    Bonus
    $85,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,790
    Filer's total
    $322,524

  • Eileen Norcross

    VP of Policy Research

    Total calculated
    $297,885
    From this org
    $270,287
    From related orgs
    $0
    Other
    $27,598
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,287
    Bonus
    $65,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,598
    Filer's total
    $297,885

  • Patrick McLaughlin

    Director of Policy Analytics

    Total calculated
    $244,085
    From this org
    $233,350
    From related orgs
    $0
    Other
    $10,735
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,350
    Bonus
    $35,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,735
    Filer's total
    $244,085

  • Alden Abbott

    Senior Research Fellow

    Total calculated
    $231,617
    From this org
    $230,882
    From related orgs
    $0
    Other
    $735
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,882
    Bonus
    $15,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $735
    Filer's total
    $231,617

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 · 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
2022
Filed
23 February 2024
IRS schema version
2022v5.0
Source object
202440579349300754

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

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