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American Institute For Economic Research

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042121305 ✦ Great barrington, MA ✦ Designated as a 501(c)(3)

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Overview

What is American Institute For Economic Research?

The American Institute for Economic Research (AIER) is a nonprofit organization situated in Great Barrington, Massachusetts. Established with a mission to promote individual freedom, free enterprise, property rights, limited government, and sound money, AIER conducts independent, scientific economic research. Its primary aim is to educate individuals, thereby contributing to their personal interests and the nation's well-being. AIER distributes periodic economic reports and occasional booklets focused on various topics in fiscal and monetary economics, including personal economic issues. In 2022, approximately 626,040 individuals, institutions, and publishers received these reports, and over 3,638,031 readers visited AIER's website. The organization's research demonstrates the significance of these principles in fostering peace, prosperity, and human progress. With a staff of 59 individuals, AIER continues to advance its mission of economic education.


Official website here: www.aier.org/

What are the reviews and ratings of this charity?

Charity Navigator rating: 99%, Four-Star out of Four Star rating.

The American Institute for Economic Research (AIER) has received a high rating reflecting its strong accountability and finance metrics, with a score of 99%. This is indicative of a well-managed organization committed to transparency, including adherence to conflict of interest and whistleblower policies. Additionally, AIER boasts a fully independent board, which further enhances its credibility.

User feedback highlights AIER's reputation as a valuable resource for unbiased economic information. Many donors and members praise its comprehensive research reports and educational materials, noting that these resources significantly enhance understanding of economic conditions and personal finance. Reviewers appreciate the clarity and accessibility of the information, which is seen as a vital alternative to more partisan economic reporting available elsewhere.

However, some criticisms have emerged regarding recent leadership and staff changes, which have led to concerns about the quality of research being produced. Users have noted that while the organization previously excelled in generating deep analytical content, some recent outputs have shifted towards opinion pieces. Despite this, the overall sentiment remains overwhelmingly positive, with many stating that they continue to support AIER for its commitment to nonpartisan economic education.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is American Institute For Economic Research legitimate?

American Institute For Economic Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Institute For Economic Research submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $869,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,982,975

For more financial information, click here


Official website here: www.aier.org/

What is the mission statement of American Institute For Economic Research?

The American Institute for Economic Research (AIER) serves to educate individuals on the significance of personal freedom, free enterprise, property rights, limited government, and sound money. By conducting independent, scientific economic research, AIER advocates for these principles, which are believed to foster peace, prosperity, and human progress. The organization distributes periodic economic reports and occasional booklets focused on various fiscal and monetary economics topics, reaching approximately 626,040 individuals, institutions, and publishers in 2022, with over 3,638,031 online readers visiting their website.


Official website here: www.aier.org/

Who is the CEO of American Institute For Economic Research?

Michele M Kearns is the President of American Institute For Economic Research.


Official website here: www.aier.org/

What is the revenue of American Institute For Economic Research?

American Institute For Economic Research's revenue in 2022 was $3,395,556.


Official website here: www.aier.org/

Who are the executives of American Institute For Economic Research and what are their salaries?

The average compensation at American Institute For Economic Research during 2022 was $65,297. There are 59 employees and 51 volunteers at American Institute For Economic Research.


Here are 20 key members and their salaries:


William Ruger (President)
  • Compensation: $409,012
  • Related: $0
  • Other: $14,631
Michele M Kearns (Vice President, Finance)
  • Compensation: $187,697
  • Related: $0
  • Other: $31,099
Phillip Magness (Director Of Research & Education)
  • Compensation: $192,859
  • Related: $0
  • Other: $17,476
Bradley J Devos (Director Of Programs)
  • Compensation: $183,960
  • Related: $0
  • Other: $30,769
Thomas L Hogan (Senior Research Faculty)
  • Compensation: $153,176
  • Related: $0
  • Other: $14,270
Robert J Hughes (Senior Research Faculty)
  • Compensation: $146,730
  • Related: $0
  • Other: $567
Jason Kelly (Data & Analytics Director)
  • Compensation: $128,706
  • Related: $0
  • Other: $14,608
Laurie B Pshenishny (Assistant Comptroller)
  • Compensation: $124,036
  • Related: $0
  • Other: $18,686
Ryan Yonk (Senior Research Faculty)
  • Compensation: $112,222
  • Related: $0
  • Other: $5,230
Gregory M Van Kipnis (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen C Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine H Delay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latimer B Eddy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson E Furlano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas L Harwood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley K Hobbs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James C Lordeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Surse T Pierpoint (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin W Powell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Sohan Thru 1022 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aier.org/

Where can I find the form 990 for American Institute For Economic Research?

American Institute For Economic Research's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aier.org/

Learn more at the official website: www.aier.org/

Mission Statement of American Institute For Economic Research

The American Institute for Economic Research (AIER) is an organization dedicated to conducting independent, scientific economic research. Its mission is to educate individuals, thereby promoting their personal interests and contributing to the nation's well-being. The American Institute for Economic Research advocates for the value of personal freedom, free enterprise, property rights, limited government, and sound money. Through its ongoing scientific research, AIER demonstrates the significance of these principles in fostering peace, prosperity, and human progress.

In pursuit of its mission, AIER prepares and disseminates periodic economic reports and occasional booklets focusing on selected topics in the areas of fiscal and monetary economics, including personal economic issues. These reports are distributed to AIER members and the general public. During 2022, approximately 626,040 individuals, institutions, and publishers received these reports, and more than 3,638,031 readers visited AIER's website. The American Institute for Economic Research's research and educational efforts aim to promote understanding and engagement with these essential principles, ultimately contributing to a more informed and prosperous society.

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Impact




July, 2024

The American Institute for Economic Research (AIER) conducts independent, scientific economic research to educate people, thereby advancing their personal interests and those of the nation. Through research reports, bulletins, and periodic economic reports distributed to members and the general public, AIER reaches a wide audience of over 626,040 individuals, institutions, and publishers. Additionally, more than 3,638,031 readers visited AIER's website in 2022.

The organization, based in Great Barrington, MA, is dedicated to educating people on the value of personal freedom, free enterprise, property rights, limited government, and sound money. AIER's ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity, and human progress. Through its work, AIER contributes to informing and shaping economic discourse and policy, ultimately influencing societal well-being and progress.




This information is meant to be a general summary of American Institute For Economic Research. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,395,556 (2022)
Expenses
$8,551,275 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,384,094
  • Program Service Revenue: $72,986
  • Gross Receipts: $18,988,217

Assets and Liabilities:

  • Total Assets: $184,181,536
  • Total Liabilities: $74,928,340
  • Net Assets: $109,253,196

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES OF PUBLICATIONS

Revenue

$72,986

Organization Details

Founding Year

1939

Principal Officer

Michele M Kearns

Main Address

PO BOX 1000, GREAT BARRINGTON, MA, 01230

NTEE Category

Code: V220 - Social research

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