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← CENTER FOR A FREE ECONOMY

Form 990 for tax year 2023

Filed by CENTER FOR A FREE ECONOMY.

Totals

Total revenue
$1,174,600
Total expenses
$973,012
Contributions and grants received
$1,163,077
Grants paid
$341,000
Program service revenue
$0
Investment income
$11,523
Other revenue
$0
Total assets, end of year
$823,452
Total liabilities, end of year
$134,500
Net assets or fund balances, end of year
$688,952
Program services expenses (Part IX)
$973,012
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$973,012

Program services were 100.0% 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

    $1,163,077

  • 3 · Investment income

    total $11,523 · excluded $11,523

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $341,000 · program services $341,000

  • 11b · Fees: legal

    total $3,175 · program services $3,175

  • 11d · Fees: lobbying

    total $75,000 · program services $75,000

  • 16 · Occupancy

    total $12,000 · program services $12,000

  • 17 · Travel

    total $5,000 · program services $5,000

  • 20 · Interest

    total $7,200 · program services $7,200

  • 24a · Other expenses: FILING AND REGISTRATION

    total $1,211 · program services $1,211

  • 24b · Other expenses: EDUCATION AND ADVOCACY

    total $528,366 · program services $528,366

  • 24c · Other expenses: BANK FEES

    total $60 · program services $60

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $91,560 · end of year $151,893

  • 2 · Savings and temporary cash investments

    beginning of year $520,304 · end of year $152

  • 11 · Investments: publicly traded securities

    end of year $661,407

  • 15 · Other assets

    beginning of year $10,000 · end of year $10,000

  • 24 · Unsecured notes and loans payable

    beginning of year $134,500 · end of year $134,500

  • 31 · Retained earnings, endowment or other funds

    beginning of year $487,364 · end of year $688,952

Mission and programs · 2023

Mission

TO EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT TAX POLICY, HEALTH CARE POLICY, TRADE POLICY, AND OTHER ISSUES RELATED TO ECONOMIC POLICY

  • DIRECT EDUCATIONAL ADVOCACY TO EDUCATE THE PUBLIC ON ISSUES RELATED TO EXEMPT PURPOSES

    Expenses $632,012

  • GRANTS MADE TO CONSERVATIVE ORGANIZATIONS TO ADVANCE OUR EXEMPT POLICY GOALS

    Expenses $341,000 · Grants $341,000

As filed on the 2023 return.

Listed in Part VII

  • Alex Hendrie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Palmer Schoening

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Ryan Ellis

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

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

Provenance

Return type
form_990
Tax year
2023
Filed
10 April 2024
IRS schema version
2023v5.1
Source object
202433159349300248

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