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Cato Institute

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

EIN: 237432162 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Cato Institute?

The Cato Institute is a Washington D.C.-based nonprofit organization with a vision to establish open societies grounded in libertarian principles. Their scholars and analysts conduct and publish independent, nonpartisan research on diverse policy issues, spanning over 14 research areas. These areas include law and civil liberties, tax and budget policy, regulatory studies, healthcare and welfare, education, finance, banking and monetary policy, foreign policy and national security, trade policy, and international development. The Cato Institute's mission is to generate, disseminate, and expand understanding of public policies that uphold individual liberty, limited government, free markets, and peace.


Official website here: www.cato.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99%

The Cato Institute has received a Four-Star out of Four Star rating from Charity Navigator, indicating exceptional accountability and financial health. With a strong emphasis on transparency, the organization boasts a 93% independent board and high scores in multiple accountability metrics, including zero material diversion of assets and comprehensive oversight practices. The program expense ratio also reflects a commitment to effective use of funds, with 77.67% of expenses directed towards programs.

User feedback from GreatNonprofits highlights the positive impact of the Cato Institute's work, particularly in areas such as Social Security reform. A member of the public praised the institute's efforts, suggesting that its insights should be heeded by Congress. This feedback underscores the organization's relevance in policy discussions and its effectiveness in advocating for libertarian principles.

However, the organization does have a noted limitation regarding its donor privacy policy, which is currently missing. This aspect may raise concerns for potential supporters who prioritize confidentiality in their contributions. Overall, the Cato Institute exemplifies a strong commitment to accountability while achieving significant influence in public policy discourse.


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

Is Cato Institute legitimate?

Cato Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cato Institute 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: $914,286
Professional Fundraising Fees: $494,000
Other Salaries and Wages: $16,480,038

For more financial information, click here


Official website here: www.cato.org

What is the mission statement of Cato Institute?

The Cato Institute is dedicated to advancing individual liberty, limited government, free markets, and peace through the origination, dissemination, and increase of understanding of public policies based on these principles. Their scholars and analysts conduct independent, nonpartisan research on a variety of policy issues, encompassing over 14 research areas such as law and civil liberties, tax and budget policy, health care, education, and international development. Their ultimate vision is to create open societies founded on libertarian principles.


Official website here: www.cato.org

Who is the CEO of Cato Institute?

Marissa Delgado is the President & Ceo of Cato Institute. The CEO's salary of Cato Institute is $568,571 and their total compensation is $603,031.


Official website here: www.cato.org

What is the revenue of Cato Institute?

Cato Institute's revenue in 2023 was $57,666,559.


Official website here: www.cato.org

Who are the executives of Cato Institute and what are their salaries?

The average compensation at Cato Institute during 2023 was $60,188. There are 289 employees and 14 volunteers at Cato Institute.


Here are 27 key members and their salaries (Cato Institute's CEO's salary is $568,571 and their total compensation is $603,031):


Peter Goettler (President & Ceo)
  • Compensation: $568,571
  • Related: $0
  • Other: $34,460
Stephen Kurtz (Vp, Chief Digital Officer)
  • Compensation: $287,426
  • Related: $0
  • Other: $36,794
Lesley Albanese (Sr Vp, Initiatives)
  • Compensation: $246,641
  • Related: $0
  • Other: $24,874
Norbert Michel (Vp,Director,Monetary&Financial)
  • Compensation: $227,381
  • Related: $0
  • Other: $35,458
Clark Neily (Sr Vp For Legal Studies)
  • Compensation: $221,208
  • Related: $0
  • Other: $31,867
Scott Lincicome (Vp, General Economics & Trade)
  • Compensation: $213,607
  • Related: $0
  • Other: $34,209
Marissa Delgado (Secretary, Vp, Finance & Cfo)
  • Compensation: $211,839
  • Related: $0
  • Other: $34,530
David Boaz (Executive Vp (Thru 04/18/22))
  • Compensation: $211,060
  • Related: $0
  • Other: $23,088
John A Allison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baron Bond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth R French (Director (As Of 5/7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gelfond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David C Humphreys (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Holmes Jost (Director (As Of 5/7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Kilts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Lapeyre Jr (Chairman (As Of 10/2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen S Leech (Director (As Of 5/7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Levy (Chairman (Thru 10/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Mackey (Director (As Of 10/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy M Pfotenhauer (Director (Thru 10/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis E Randall (Director (Thru 10/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard S Rich (Dir.,Vice Chair(As Of 10/2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nester R Weigand Jr (Director (Thru 10/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey S Yass (Director (Thru 10/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cato.org

Where can I find the form 990 for Cato Institute?

Cato Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cato.org

Learn more at the official website: www.cato.org

Mission Statement of Cato Institute

The Cato Institute, a renowned nonprofit organization, is dedicated to the promotion of individual liberty, limited government, free markets, and peace. In pursuit of this mission, the Institute's scholars and analysts conduct and publish independent, nonpartisan research on a multitude of policy issues across over 14 research areas.

The Cato Institute's vision extends beyond merely conducting research. It aspires to create free, open, and civil societies founded on libertarian principles. To bring about this vision, the organization's scholars delve into various policy areas, including law and civil liberties, tax and budget policy, regulatory studies, healthcare and welfare, education, finance, banking and monetary policy, foreign policy and national security, trade policy, and international development. By originating, disseminating, and increasing understanding of public policies based on these principles, the Cato Institute aims to influence the national and global discourse and inspire policymakers.

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Impact




October, 2024

The Cato Institute significantly influences public policy by advocating for individual liberty, limited government, free markets, and peace. Its scholars and analysts produce independent, nonpartisan research across over 14 areas, including civil liberties, tax policy, healthcare, education, and foreign policy. This comprehensive approach allows the institute to offer well-rounded insights into pressing issues and to promote libertarian principles effectively.

Through research, publications, and public engagement, the Cato Institute fosters a deeper understanding of its policy positions, shaping discussions at various levels of government and among the public. Its impact includes informing policymakers, influencing legislation, and enhancing civic discourse surrounding freedom and individual rights. By promoting a vision of free and civil societies, the Cato Institute contributes to the development of policies that align with its foundational principles, affecting both domestic and international spheres.




This information is meant to be a general summary of Cato Institute. 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
$57,666,559 (2023)
Expenses
$37,718,015 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,490,354
  • Program Service Revenue: $45,784
  • Gross Receipts: $57,953,769

Assets and Liabilities:

  • Total Assets: $135,047,209
  • Total Liabilities: $2,306,004
  • Net Assets: $132,741,205

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Programs

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

CONFERENCES

Revenue

$45,784

Organization Details

Founding Year

1974

Principal Officer

Marissa Delgado

Main Address

1000 MASSACHUSETTS AVE NW, WASHINGTON, DC, 20001

NTEE Category

Code: W200 - Public benefit

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