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← CAPITAL RESEARCH CENTER

Form 990 for tax year 2024

Filed by CAPITAL RESEARCH CENTER.

Totals

Total revenue
$7,522,866
Total expenses
$7,950,331
Contributions and grants received
$7,316,895
Grants paid
$0
Program service revenue
$16,864
Investment income
$175,200
Other revenue
$13,907
Total assets, end of year
$12,390,904
Total liabilities, end of year
$493,638
Net assets or fund balances, end of year
$11,897,266
Program services expenses (Part IX)
$4,676,193
Management and general expenses
$859,228
Fundraising expenses
$2,414,910
Program service expenses (Part III)
$4,676,193

Program services were 58.8% 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

    $7,316,895

  • 1g · Noncash contributions included above

    $231,760

  • 2a · Program service revenue: PUBLICATION

    total $16,864 · related or exempt $16,864

  • 3 · Investment income

    total $174,501 · excluded $174,501

  • 7a · Gross sales of assets other than inventory

    securities $83,905

  • 7b · Less cost or other basis and sales expenses

    securities $83,206

  • 7c · Gain or loss

    securities $699

  • 7d · Net gain or loss

    total $699 · excluded $699

  • 11a · Other revenue: REFUND

    total $5,202 · excluded $5,202

  • 11b · Other revenue: HONORARIUM

    total $5,000 · excluded $5,000

  • 11c · Other revenue: REIMBURSEMENT REVENUE

    total $3,705 · excluded $3,705

  • 11e · Other revenue, total

    $13,907

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,250,090 · program services $831,184 · management and general $191,559 · fundraising $227,347

  • 7 · Other salaries and wages

    total $1,685,760 · program services $1,073,442 · management and general $248,532 · fundraising $363,786

  • 8 · Pension plan contributions

    total $205,871 · program services $132,146 · management and general $29,521 · fundraising $44,204

  • 9 · Other employee benefits

    total $211,182 · program services $138,411 · management and general $29,584 · fundraising $43,187

  • 10 · Payroll taxes

    total $201,509 · program services $130,728 · management and general $30,002 · fundraising $40,779

  • 11b · Fees: legal

    total $13,532 · program services $8,605 · management and general $4,927

  • 11c · Fees: accounting

    total $33,389 · management and general $33,389

  • 11f · Fees: investment management

    total $60,367 · management and general $60,367

  • 11g · Fees: other

    total $1,295,835 · program services $1,154,568 · management and general $10,908 · fundraising $130,359

  • 12 · Advertising and promotion

    total $466,862 · program services $349,435 · management and general $117,427

  • 13 · Office expenses

    total $508,845 · program services $437,872 · management and general $48,170 · fundraising $22,803

  • 14 · Information technology

    total $124,228 · program services $78,838 · management and general $14,034 · fundraising $31,356

  • 16 · Occupancy

    total $82,431 · program services $59,681 · management and general $9,643 · fundraising $13,107

  • 17 · Travel

    total $254,381 · program services $129,668 · management and general $15,286 · fundraising $109,427

  • 19 · Conferences, conventions and meetings

    total $9,464 · program services $9,375 · fundraising $89

  • 20 · Interest

    total $478 · management and general $478

  • 22 · Depreciation, depletion and amortization

    total $67,699 · program services $43,920 · management and general $10,079 · fundraising $13,700

  • 23 · Insurance

    total $35,201 · program services $22,836 · management and general $5,241 · fundraising $7,124

  • 24a · Other expenses: FUNDRAISING EXPENSES

    total $1,271,271 · fundraising $1,271,271

  • 24b · Other expenses: MEMBERSHIP DUES & SUBS.

    total $75,476 · program services $75,356 · management and general $51 · fundraising $69

  • 24c · Other expenses: LIST RENTALS

    total $65,465 · fundraising $65,465

  • 24d · Other expenses: DONOR PREMIUMS

    total $30,796 · fundraising $30,796

  • 24e · All other expenses

    total $199 · program services $128 · management and general $30 · fundraising $41

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,389,348 · end of year $740,166

  • 3 · Pledges and grants receivable

    beginning of year $462,881 · end of year $571,310

  • 4 · Accounts receivable

    beginning of year $174 · end of year $15,832

  • 9 · Prepaid expenses and deferred charges

    beginning of year $51,279 · end of year $102,723

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

    $1,618,891

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

    $1,244,520

  • 10c · Land, buildings and equipment, net

    beginning of year $442,070 · end of year $374,371

  • 11 · Investments: publicly traded securities

    beginning of year $7,858,328 · end of year $9,998,072

  • 13 · Investments: program-related

    beginning of year $573,109 · end of year $573,109

  • 15 · Other assets

    beginning of year $34,369 · end of year $15,321

  • 17 · Accounts payable and accrued expenses

    beginning of year $478,006 · end of year $478,097

  • 25 · Other liabilities

    beginning of year $34,390 · end of year $15,541

  • 27 · Net assets without donor restrictions

    beginning of year $9,783,259 · end of year $11,560,340

  • 28 · Net assets with donor restrictions

    beginning of year $515,903 · end of year $336,926

Mission and programs · 2024

Mission

CRC CONDUCTS RESEARCH ON THE INFLUENCE SECTOR, INCLUDING THE ADVOCACY GROUPS, THINK TANKS, FOUNDATIONS, ACTIVISTS, OTHER OPINION LEADERS, AND GROUPS INFLUENCING THE PUBLIC POLICY PROCESS.

Activities or mission (Part I)

TO PROMOTE A BETTER UNDERSTANDING OF CHARITY AND PHILANTHROPY.

  • RESEARCH: CRC CONDUCTS RESEARCH ON THE INFLUENCE SECTOR, INCLUDING THE ADVOCACY GROUPS, THINK TANKS, FOUNDATIONS, ACTIVISTS, OTHER OPINION LEADERS, AND GROUPS INFLUENCING THE PUBLIC POLICY PROCESS. CRC STRIVES TO PRODUCE IRONCLAD RESEARCH THAT IS USED TO DEVELOP COMMUNICATIONS PRODUCTS TO EDUCATE THE PUBLIC ON HOW SPECIAL INTERESTS ARE PROTECTED. CRC SHARES ITS RESEARCH THROUGH REGULAR PRINT PUBLICATIONS, A DYNAMIC WEBSITE (CAPITALRESEARCH ORG), EDUCATIONAL VIDEOS, SOCIAL MEDIA CHANNELS, A PODCAST AND OTHER OUTLETS. CRC'S RESEARCH SPECIALTIES INCLUDE INVESTIGATING CHARITABLE GROUPS ENGAGING IN POLICY (AND POTENTIALLY POLITICAL) ADVOCACY; OTHER TAX-EXEMPT SPECIAL INTEREST ENTITIES AND SOCIAL WELFARE GROUPS; FOUNDATIONS, INDIVIDUAL DONORS, AND GRANT-MAKING ORGANIZATIONS; LABOR UNIONS, THEIR MISSION, FINANCIAL SUPPORT, ORGANIZING CAMPAIGNS, SOURCES OF SUPPORT, AND POLITICAL ACTIVITIES. CRC ALSO PROFILES OTHER INFLUENCERS, INCLUDING THE MEDIA AND WELL-KNOWN ACTIVISTS AND POLICYMAKERS. CRC PRODUCED EIGHT (8) PRINT/MAGAZINE PUBLICATIONS OF LONG-FORM ARTICLES AND POPULATED THE WEBSITE WITH ROUGHLY TEN POSTS PER WEEK OF ORIGINAL RESEARCH AND COMMENTARY.

    Expenses $2,167,216 · Revenue $16,864

  • INFLUENCE WATCH: CRC MAINTAINS INFLUENCEWATCH.ORG. A WIKI-STYLE ONLINE RESOURCE OF FACT-BASED, ACCURATE DESCRIPTIONS OF THE VARIOUS INFLUENCERS OF PUBLIC POLICY DEBATES. INFLUENCEWATCH STRIVES TO BE COMPREHENSIVE, PROVIDING FREQUENTLY UPDATED PROFILES COMPLETE WITH RELIABLE SOURCING. PROFILES INCLUDE ACTIVISTS, NON-PROFIT ENTITIES, FOR-PROFIT ENTITIES, LABOR UNIONS, POLITICAL ACTION COMMITTEES, AGENCIES, LEGISLATION, AND MOVEMENTS. THE WEBSITE GREW TO 15,000 TOTAL ENTRIES, WITH APPROXIMATELY 7,500 LONG PROFILES COMPLETED. WEBSITE TRAFFIC WAS 2.3 MILLION UNIQUE USERS AND 4.5 MILLION PAGEVIEWS. ROUGHLY 2,000 USERS RECEIVE A MONTHLY EMAIL WITH INFORMATION ON INFLUENCEWATCH ENTRIES.

    Expenses $1,099,925

  • COMMUNICATIONS: COMMUNICATIONS: CRC DISSEMINATES ITS RESEARCH (VIA PRESS RELEASE, MEDIA STATEMENTS, AND OTHER MEDIA RELATIONS EFFORTS) TO NEWS OUTLETS THAT COVER THE TOPIC OF PUBLIC POLICY INFLUENCE. CRC'S MEDIA APPEARANCES (INCLUDING OP EDS, INTERVIEWS, REFERENCES IN THE MEDIA, AND OTHER CITATIONS) IN OUTLETS LIKE THE WALL STREET JOURNAL, THE NEW YORK TIMES, THE WASHINGTON POST, FOX NEWS, THE CHRONICLE OF PHILANTHROPY, NATIONAL REVIEW, REALCLEAR POLITICS, WASHINGTON EXAMINER, WASHINGTON FREE BEACON, THE DAILY CALLER, AMONG OTHERS. OUR HITS JUMPED TO CLOSE TO 4,500, AN INCREASE OF 12.5 PERCENT. CRC'S MANY EDUCATIONAL VIDEOS WERE VIEWED OVER 8.6 MILLION TIMES ON YOUTUBE AND FACEBOOK.

    Expenses $418,852

  • OUTREACH

    Expenses $364,313

  • CENTER FOR STRATEGIC GIVING

    Expenses $273,518

  • SOCIAL MEDIA

    Expenses $259,108

  • RESEARCH ARCHIVES

    Expenses $75,216

  • DANGEROUS DOCUMENTARIES

    Expenses $18,045

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Eric O'Keefe

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Sarah Atkins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert E Challey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gordon Cummings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Hon Edwin Meese III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • William Meyersohn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Thomas S Winter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Scott Walter

    PRESIDENT

    Total calculated
    $429,067
    From this org
    $348,450
    From related orgs
    $0
    Other
    $80,617
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $348,450
    Bonus
    $0
    Other
    $0
    Deferred
    $51,750
    Nontaxable benefits
    $28,867
    Filer's total
    $429,067
  • Christopher Krukewitt

    CHIEF FINANCIAL & OPERATIONS OFFICER

    Total calculated
    $149,760
    From this org
    $120,212
    From related orgs
    $0
    Other
    $29,548
    Hours/week
    40
  • Kristen Eastlick

    SENIOR VICE PRESIDENT

    Total calculated
    $241,173
    From this org
    $201,714
    From related orgs
    $0
    Other
    $39,459
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,714
    Bonus
    $0
    Other
    $0
    Deferred
    $31,006
    Nontaxable benefits
    $8,453
    Filer's total
    $241,173
  • Dan Thompson

    VP OF PHILANTHROPY & DEVELOPMENT

    Total calculated
    $221,390
    From this org
    $179,073
    From related orgs
    $0
    Other
    $42,317
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,073
    Bonus
    $0
    Other
    $0
    Deferred
    $28,906
    Nontaxable benefits
    $13,411
    Filer's total
    $221,390
  • Michael E Hartmann

    SENIOR FELLOW AND DIRECTOR

    Total calculated
    $208,700
    From this org
    $171,464
    From related orgs
    $0
    Other
    $37,236
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,464
    Bonus
    $0
    Other
    $0
    Deferred
    $27,109
    Nontaxable benefits
    $10,127
    Filer's total
    $208,700
  • Tracey Miller

    VICE PRESIDENT (AS OF MARCH)

    Total calculated
    $143,012
    From this org
    $122,524
    From related orgs
    $0
    Other
    $20,488
    Hours/week
    40
  • Jon Rodeback

    MANAGING EDITOR & DIR. OF CONTENT

    Total calculated
    $154,488
    From this org
    $113,817
    From related orgs
    $0
    Other
    $40,671
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $113,817
    Bonus
    $0
    Other
    $0
    Deferred
    $13,136
    Nontaxable benefits
    $27,535
    Filer's total
    $154,488
  • Michael K Watson

    RESEARCH DIRECTOR

    Total calculated
    $125,809
    From this org
    $110,263
    From related orgs
    $0
    Other
    $15,546
    Hours/week
    40
  • Beth A Bottcher

    PHILANTHROPY OFFICER

    Total calculated
    $121,862
    From this org
    $105,024
    From related orgs
    $0
    Other
    $16,838
    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 · 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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202503189349300740

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