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Ludwig Von Mises Institute for Austrian Economics

Auburn, AL · EIN 52-1263436 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Ludwig Von Mises Institute for Austrian Economics reported $16.6 million in revenue and $7.2 million in expenses for calendar year 2024. Of every $100 it spent, $92.24 went to program services, $7.76 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 85.1% of the total. The highest compensation it reported for one person was $262,068 (PRESIDENT). 9 people received more than $100,000 in reportable compensation. Revenue rose 62% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $7.2M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
92.2%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
7.8%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
85.1%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
1.0%58.9%
Highest reported compensation
Part VII-A, columns D–F
$262,068$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.66%1.38%
People paid over $100,000
Part VII, line 2
96
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
112.36.8
Independent voting board members
Part VI 1a–1b
9 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$4.2M expenses · 64.1% of program spending · revenue $411K

Advancement of economic science through publications and teaching programs for students, scholars and others interested in economic education

$2.3M expenses · 35.0% of program spending · revenue $167K

Teaching conferences, seminars & colloquia

$53,893 expenses · 0.8% of program spending · grants $53,893 · revenue $33,478

Student fellowship and research grants. Support of students, faculty & post-doctoral fellows in economics

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 40.00 hrs/week
$262,068$0$0$262,068
CHAIRMAN
Director/trustee, officer, 45.00 hrs/week
$215,614$0$0$215,614
VICE PRESIDENT
Director/trustee, officer, 40.00 hrs/week
$205,186$0$0$205,186
EMPLOYEE
Highest compensated employee, 40.00 hrs/week
$134,806$0$0$134,806
EMPLOYEE
Highest compensated employee, 40.00 hrs/week
$132,342$0$0$132,342
EMPLOYEE
Highest compensated employee, 40.00 hrs/week
$130,342$0$0$130,342
DIRECTOR
Director/trustee, 40.00 hrs/week
$116,880$0$0$116,880
EMPLOYEE
Highest compensated employee, 40.00 hrs/week
$111,601$0$0$111,601

9 people received more than $100,000 in reportable compensation from Ludwig Von Mises Institute for Austrian Economics (Part VII, line 2). Compensation of current officers, directors and key employees totaled $849K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$17M$7.2M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$17M$7.2M92.2%$67M$262,068
2023 (amended) ⓘ$8.5M$6.2M81.7%$54M$205,772
2022 ⓘ$11M$6.3M84.4%$50M$252,848
2021 ⓘ$8.4M$5.1M83.0%$45M$249,668
2020 ⓘ$15M$5.0M83.8%$42M$256,513
2019 ⓘ$10M$4.2M78.4%$29M$315,165

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 9 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 537

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
KANOPI STUDIOS
Web design
$249,998

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

25 private foundations reported grants to Ludwig Von Mises Institute for Austrian Economics totaling $197K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Ludwig Von Mises Institute for Austrian Economics's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ludwig Von Mises Institute for Austrian Economics, you can publish a response that is linked from this page.

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Questions people ask

How much of Ludwig Von Mises Institute for Austrian Economics's spending goes to programs?

In calendar year 2024, Ludwig Von Mises Institute for Austrian Economics reported that 92.2% of its $7.2 million in expenses went to program services, 7.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Ludwig Von Mises Institute for Austrian Economics pay its top executive?

The largest total compensation Ludwig Von Mises Institute for Austrian Economics reported for one person in calendar year 2024 was $262,068, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ludwig Von Mises Institute for Austrian Economics get its money?

Of $16.6 million in revenue in calendar year 2024, 85.1% came from contributions and grants and 1.0% from program service revenue (Form 990, Part VIII).

Is Ludwig Von Mises Institute for Austrian Economics a registered charity?

The IRS lists EIN 52-1263436 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513179349303341 · read the filing · XML
  • 2023: Form 990 for calendar year 2023 (amended), object 202540699349301519 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333189349307348 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233199349321033 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349312309 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023219349304057 · read the filing

All filings for EIN 52-1263436: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.