Totals
- Total revenue
- $4,924,834
- Total expenses
- $3,854,121
- Contributions and grants received
- $4,879,000
- Grants paid
- $685,640
- Program service revenue
- $0
- Investment income
- $45,834
- Other revenue
- $0
- Total assets, end of year
- $7,516,222
- Total liabilities, end of year
- $19,666
- Net assets or fund balances, end of year
- $7,496,556
- Program services expenses (Part IX)
- $2,978,389
- Management and general expenses
- $462,250
- Fundraising expenses
- $413,482
- Program service expenses (Part III)
- $2,978,389
Program services were 77.3% 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
$4,879,000
-
3 · Investment income
total $75,551 · excluded $75,551
-
7a · Gross sales of assets other than inventory
securities $1,243,640
-
7b · Less cost or other basis and sales expenses
securities $1,273,357
-
7c · Gain or loss
securities -$29,717
-
7d · Net gain or loss
total -$29,717 · excluded -$29,717
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $113,140 · program services $113,140
-
2 · Grants to domestic individuals
total $420,000 · program services $420,000
-
3 · Grants to foreign organizations and individuals
total $152,500 · program services $152,500
-
5 · Compensation of officers, directors and key employees
total $892,271 · program services $363,507 · management and general $223,069 · fundraising $305,695
-
7 · Other salaries and wages
total $846,216 · program services $771,216 · management and general $75,000
-
8 · Pension plan contributions
total $26,376 · program services $23,777 · management and general $2,599
-
9 · Other employee benefits
total $94,590 · program services $80,469 · management and general $14,121
-
10 · Payroll taxes
total $113,963 · program services $75,189 · management and general $19,278 · fundraising $19,496
-
11b · Fees: legal
total $16,635 · management and general $16,635
-
11c · Fees: accounting
total $22,195 · management and general $22,195
-
11f · Fees: investment management
total $25,266 · management and general $25,266
-
11g · Fees: other
total $875,867 · program services $815,236 · fundraising $60,631
-
12 · Advertising and promotion
total $3,141 · program services $3,141
-
13 · Office expenses
total $16,936 · program services $10,804 · management and general $3,333 · fundraising $2,799
-
14 · Information technology
total $27,533 · program services $18,172 · management and general $4,653 · fundraising $4,708
-
16 · Occupancy
total $41,217 · program services $27,203 · management and general $6,966 · fundraising $7,048
-
17 · Travel
total $80,632 · program services $53,310 · management and general $15,187 · fundraising $12,135
-
19 · Conferences, conventions and meetings
total $58,191 · program services $34,383 · management and general $23,808
-
22 · Depreciation, depletion and amortization
total $5,672 · program services $3,743 · management and general $959 · fundraising $970
-
23 · Insurance
total $581 · management and general $581
-
24e · All other expenses
total $21,199 · program services $12,599 · management and general $8,600
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $316,603 · end of year $3,196,762
-
2 · Savings and temporary cash investments
beginning of year $5,835,061
-
3 · Pledges and grants receivable
beginning of year $522,500 · end of year $275,000
-
4 · Accounts receivable
end of year $1,768
-
10a · Land, buildings and equipment: cost or other basis
$64,343
-
10b · Land, buildings and equipment: accumulated depreciation
$55,115
-
10c · Land, buildings and equipment, net
beginning of year $14,900 · end of year $9,228
-
11 · Investments: publicly traded securities
end of year $4,012,560
-
15 · Other assets
beginning of year $2,678 · end of year $20,904
-
17 · Accounts payable and accrued expenses
beginning of year $7,980 · end of year $973
-
25 · Other liabilities
beginning of year $0 · end of year $18,693
-
27 · Net assets without donor restrictions
beginning of year $6,683,762 · end of year $7,496,556
Mission and programs · 2022
Mission
ICLE PROMOTES THE USE OF LAW & ECONOMICS METHODOLOGIES TO INFORM PUBLIC POLICY DEBATES. WE BELIEVE THAT INTELLECTUALLY RIGOROUS, DATA-DRIVEN ANALYSIS WILL LEAD TO EFFICIENT POLICY SOLUTIONS THAT PROMOTE CONSUMER WELFARE AND GLOBAL ECONOMIC GROWTH.
Activities or mission (Part I)
PUBLIC POLICY RESEARCH & EDUCATION
-
THE INTERNATIONAL CENTER FOR LAW & ECONOMICS IS A NONPROFIT, NONPARTISAN RESEARCH CENTER. WORKING WITH A ROSTER OF MORE THAN SIXTY ACADEMIC AFFILIATES AND RESEARCH CENTERS FROM AROUND THE GLOBE, WE DEVELOP AND DISSEMINATE ACADEMIC OUTPUT TO BUILD THE INTELLECTUAL FOUNDATION FOR RIGOROUS, ECONOMICALLY-GROUNDED POLICY. ICLE RESEARCH PROGRAMS INCLUDE: ANTITRUST AND CONSUMER PROTECTION, DATA SECURITY AND PRIVACY, FINANCIAL REGULATION AND CORPORATE GOVERNANCE, INNOVATION POLICY, TELECOM, AND INTELLECTUAL PROPERTY AND LICENSING.
Expenses $2,978,389 · Grants $685,640
As filed on the 2022 return.
Listed in Part VII
-
Geoffrey A ManneGEOFFREY A MANNE
PRESIDENT
- Total calculated
- $395,618
- From this org
- $370,000
- From related orgs
- $0
- Other
- $25,618
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $350,000
- Bonus
- $20,000
- Other
- $0
- Deferred
- $12,200
- Nontaxable benefits
- $13,418
- Filer's total
- $395,618
-
Jennifer MacLeanJENNIFER MACLEAN
SECRETARY/TREASURER
- Total calculated
- $233,402
- From this org
- $220,000
- From related orgs
- $0
- Other
- $13,402
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- $20,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $13,402
- Filer's total
- $233,402
-
Abbott Tad B Lipsky JrABBOTT TAD B LIPSKY JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Thom A LambertTHOMAS THOM A LAMBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Julian MorrisJULIAN MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ian AdamsIAN ADAMS
EXECUTIVE DIRECTOR
- Total calculated
- $263,250
- From this org
- $255,000
- From related orgs
- $0
- Other
- $8,250
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,000
- Bonus
- $30,000
- Other
- $0
- Deferred
- $8,250
- Nontaxable benefits
- $0
- Filer's total
- $263,250
-
Ben SperryBEN SPERRY
SENIOR SCHOLAR
- Total calculated
- $137,268
- From this org
- $126,000
- From related orgs
- $0
- Other
- $11,268
- Hours/week
- 40
-
Ray LehmannRAY LEHMANN
EDITOR IN CHIEF
- Total calculated
- $182,659
- From this org
- $162,000
- From related orgs
- $0
- Other
- $20,659
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,000
- Bonus
- $10,000
- Other
- $0
- Deferred
- $6,480
- Nontaxable benefits
- $14,179
- Filer's total
- $182,659
-
Kristian StoutKRISTIAN STOUT
DIRECTOR OF INNOVATION
- Total calculated
- $211,428
- From this org
- $190,000
- From related orgs
- $0
- Other
- $21,428
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,000
- Bonus
- $15,000
- Other
- $0
- Deferred
- $7,600
- Nontaxable benefits
- $13,828
- Filer's total
- $211,428
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
-
RESEARCH
-
RESEARCH PAPERS
-
$20,000
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342719349300749
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