The Buckeye Institute

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

EIN: 311278593 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Buckeye Institute?

The Buckeye Institute is a distinguished, nonprofit think tank situated in Columbus, Ohio. With a team of 16 dedicated individuals, this organization is committed to advocating for free-market public policies at the state level. Their Economic Research Center (ERC) conducts scholarly research, generating insightful reports and models to analyze the impact of various policy changes on state economies, businesses, and taxpayers. Furthermore, The Buckeye Institute's Legal Center engages in legal activities, such as filing amicus briefs and participating in direct litigation, to support free-market solutions. The institute's mission is to influence public policy through academic research and legal action, aiming to foster a more economically prosperous and freedom-oriented society.


Official website here: www.buckeyeinstitute.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 93%, Four-Star out of Four Star rating.

The Buckeye Institute has achieved a strong 93% rating from Charity Navigator, indicating a high level of accountability and financial health. With a notable Accountability & Finance score of 90%, the organization demonstrates robust financial oversight, as evidenced by having 80% independent board members and no reported material diversion of assets. Their financial management practices, including a healthy liabilities to assets ratio and a high program expense ratio, reflect a commitment to efficiently using funds for their mission.

Additionally, the organization scores exceptionally well in Leadership & Adaptability with a perfect score of 100. This suggests that The Buckeye Institute is not only well-managed but also proactive in responding to challenges and opportunities in their operational landscape. Their strategic goals encompass a variety of economic research projects and legal cases, underscoring their focus on policy influence and advocacy.

While the organization appears strong in terms of financial health and governance, details regarding specific program outcomes and the impact of their initiatives on the community are less highlighted. Potential donors and stakeholders may wish for more transparency around the effectiveness of their programs in achieving long-term change.


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

Is The Buckeye Institute legitimate?

The Buckeye Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Buckeye 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: $925,487
Professional Fundraising Fees: $0
Other Salaries and Wages: $529,992

For more financial information, click here


Official website here: www.buckeyeinstitute.org

What is the mission statement of The Buckeye Institute?

The Buckeye Institute, being an independent research and educational organization, is devoted to promoting free-market public policies at the state level. As a think tank, its mission is to influence policy-making by producing scholarly reports and models, assessing the potential impact of various policy changes on state economies, businesses, and taxpayers. The Buckeye Institute's Legal Center also supports free-market public policy solutions through amicus briefs and direct litigation.


Official website here: www.buckeyeinstitute.org

Who is the CEO of The Buckeye Institute?

Robert Alt is the President And Ceo of The Buckeye Institute. The CEO's salary of The Buckeye Institute is $351,982 and their total compensation is $384,073.


Official website here: www.buckeyeinstitute.org

What is the revenue of The Buckeye Institute?

The Buckeye Institute's revenue in 2022 was $2,582,970.


Official website here: www.buckeyeinstitute.org

Who are the executives of The Buckeye Institute and what are their salaries?

The average compensation at The Buckeye Institute during 2022 was $90,967. There are 16 employees and 9 volunteers at The Buckeye Institute.


Here are 8 key members and their salaries (The Buckeye Institute's CEO's salary is $351,982 and their total compensation is $384,073):


Robert Alt (President And Ceo)
  • Compensation: $351,982
  • Related: $0
  • Other: $32,091
Bradley A Smith (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark D Jordan (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew O Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald A Mcmaster (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rea S Hederman Jr (Vice President Of Policy)
  • Compensation: $169,338
  • Related: $0
  • Other: $29,311
Rebekah Alt (Chief Operating Officer)
  • Compensation: $210,000
  • Related: $0
  • Other: $7,300
Joe Nichols (Director Of External Relations)
  • Compensation: $119,400
  • Related: $0
  • Other: $4,200


Official website here: www.buckeyeinstitute.org

Where can I find the form 990 for The Buckeye Institute?

The Buckeye Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.buckeyeinstitute.org

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

Mission Statement of The Buckeye Institute

The Buckeye Institute is a distinguished think tank that is dedicated to promoting free-market public policy at the state level. This independent research and educational organization, often referred to as a think tank, strives to advance policies that align with free-market principles. The Buckeye Institute's mission is multifaceted, focusing on both economic and legal public policy.

The Economic Research Center (ERC) within Buckeye Institute is a key component of its mission. This team produces high-quality, scholarly reports and dynamic models. These resources are used to assess the potential impacts of various policy changes on state economies, businesses, and taxpayers. The ERC's work is subject to rigorous peer review, ensuring the accuracy and reliability of its findings.

Buckeye Institute's Legal Center also plays a crucial role in achieving its mission. This division engages in direct litigation and files amicus briefs in support of free-market public policy solutions. By doing so, the Legal Center aims to contribute to the development and implementation of policies that align with the institute's free-market philosophy. Together, the Economic Research Center and the Legal Center work towards advancing the Buckeye Institute's mission of promoting free-market policies at the state level.

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Impact




October, 2024

The Buckeye Institute significantly impacts public policy by advancing free-market principles across various states. It produces scholarly reports and models through its Economic Research Center, which assess the effects of policy changes on state economies, businesses, and taxpayers. This rigorous research provides policymakers and the public with data-driven insights into how free-market solutions can enhance economic prosperity.

Additionally, the Buckeye Institute's Legal Center actively engages in litigation and files amicus briefs, advocating for legal frameworks that support free-market policies. Through these efforts, it not only influences legislative processes but also helps to shape legal interpretations that can foster economic growth. The Institute serves as a key player in the dialogue surrounding public policy in Ohio and beyond, promoting solutions that benefit the economy and society at large.




This information is meant to be a general summary of The Buckeye 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
$2,582,970 (2022)
Expenses
$2,210,578 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,638
  • Gross Receipts: $2,582,997

Assets and Liabilities:

  • Total Assets: $5,455,675
  • Total Liabilities: $316,609
  • Net Assets: $5,139,066

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Organization Details

Founding Year

1989

Principal Officer

Robert Alt

Main Address

88 East Broad Street Suite 1300, Columbus, OH, 43215

NTEE Category

Code: W20 - Public benefit

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