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Libertas Institute

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

EIN: 455254794 ✦ Lehi, UT ✦ Designated as a 501(c)(3)

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Overview

What is Libertas Institute?

Libertas Institute is a nonprofit organization based in Lehi, Utah. With a team of 105 members, they operate as a public policy and education group advocating for free markets and individual rights. They engage in non-partisan analysis and commentary, conduct research, and publish educational materials to inform the public about their beliefs. The institute has distributed over one million books and published numerous opinion pieces and articles to generate interest in their ideas. Their mission includes generating knowledge and promoting discussion on pressing policy issues and current events.


Official website here: www.libertas.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Libertas Institute has received a Three-Star rating from Charity Navigator, reflecting an overall score of 84%. The rating is primarily based on the organization's Accountability and Finance metrics, indicating a strong performance in maintaining financial integrity and responsible governance. Notably, they have an independent board comprising 80% independent members, which enhances their accountability.

The organization has excelled in several key areas, such as having no material diversion of assets and a solid program expense ratio of 86.95%, suggesting that a significant portion of their funds is directed towards their programs. Additionally, their financial statements are audited, providing further assurance of their fiscal responsibility.

However, there are areas for improvement, particularly regarding governance policies. The absence of a conflict of interest policy, a whistleblower policy, and a document retention policy raises concerns about transparency and ethical practices. Furthermore, the nonprofit has not posted its tax form on its website, which could limit access to important financial information for potential donors and stakeholders.


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

Is Libertas Institute legitimate?

Libertas Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Libertas 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: $285,333
Professional Fundraising Fees: $454,018
Other Salaries and Wages: $2,095,120

For more financial information, click here


Official website here: www.libertas.org

What is the mission statement of Libertas Institute?

Libertas Institute is a non-partisan public policy and education organization. Its mission is centered around promoting free markets and individual rights. Through generating analysis and commentary, conducting research, and publishing educational literature, Libertas Institute strives to inform the public about its ideas. The organization prints various educational materials and meets with stakeholders to propose reforms in policy. Libertas Institute has distributed over a million books and published numerous op-eds and articles to generate interest in individual liberty.


Official website here: www.libertas.org

Who is the CEO of Libertas Institute?

Connor Boyack is the Trustee/Pres. of Libertas Institute.


Official website here: www.libertas.org

What is the revenue of Libertas Institute?

Libertas Institute's revenue in 2022 was $13,904,104.


Official website here: www.libertas.org

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

The average compensation at Libertas Institute during 2022 was $22,671. There are 105 employees and 6 volunteers at Libertas Institute.


Here are 6 key members and their salaries:


Connor Boyack (Trustee/Pres.)
  • Compensation: $168,500
  • Related: $0
  • Other: $0
Michael Melendez (Exec. Vice Pres)
  • Compensation: $116,833
  • Related: $0
  • Other: $0
John Pestana (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Golding (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Harmon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Donohoe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.libertas.org

Where can I find the form 990 for Libertas Institute?

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


Official website here: www.libertas.org

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

Mission Statement of Libertas Institute

Libertas Institute, a public policy and education organization, is dedicated to promoting free markets and individual rights. Through their non-partisan analysis and commentary, investigative research, and educational literature, they aim to inform the public about their ideas. The institute generates interest in individual liberty by distributing over one million books and publishing numerous op-eds and articles. Libertas Institute's team conducts research on public policy issues and meets with stakeholders to propose reforms to state laws. Their mission is to provide insightful and thought-provoking perspectives on current events, and to foster a deeper understanding of the importance of free markets and individual rights. By engaging in open dialogue and offering well-researched solutions, Libertas Institute plays a key role in shaping the public discourse on these critical issues.

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Impact




October, 2024

Libertas Institute significantly impacts public policy and the dissemination of ideas related to free markets and individual rights. By producing a vast array of educational materials, including books, op-eds, and articles, the Institute informs elected officials, the media, and the general public about crucial policy issues and current events.

Their extensive research projects on public policy not only contribute to informed discussions but also propose meaningful reforms to state law. The distribution of over one million books alone highlights their commitment to fostering understanding and interest in the principles of individual liberty. Through non-partisan analysis and commentary, Libertas Institute effectively engages with stakeholders and empowers individuals to advocate for the protection of their rights and economic freedoms, ultimately working to create a more informed and active citizenry in Utah and beyond.




This information is meant to be a general summary of Libertas 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
$13,904,104 (2022)
Expenses
$13,670,315 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$358,690
  • Program Service Revenue: $10,841,883
  • Gross Receipts: $13,904,104

Assets and Liabilities:

  • Total Assets: $5,187,688
  • Total Liabilities: $259,574
  • Net Assets: $4,928,114

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Programs

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

Education Material Sales

Revenue

$10,841,883

Organization Details

Founding Year

2011

Principal Officer

Connor Boyack

Main Address

2183 W Main St A102, Lehi, UT, 84043

NTEE Category

Code: W20 - Public benefit

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