Overview
What is Mercatus Center Inc?
Mercatus Center Inc is a nonprofit research organization based in Arlington, Virginia. With a team of 226 employees, they focus on bridging the gap between academic research and real-world policy issues. They are affiliated with George Mason University and engage in academic research and faculty activities to advance the understanding of institutions and promote a free and prosperous society. Their mission is to use sound interdisciplinary research and application in the humane sciences to develop practical insights and tools that can sustainably advance a civil society.
Official website here: www.mercatus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Mercatus Center Inc has received an impressive Four-Star rating from Charity Navigator, signifying a strong commitment to accountability and financial health. The organization scored 95% in the Accountability & Finance category, reflecting adherence to best practices in governance and transparency. The high score is a result of several key indicators, such as a fully independent board, robust financial oversight, and effective policies in place to manage conflicts of interest and whistleblower protections.
Strengths of the Mercatus Center include a high percentage of independent board members, with 75% of its board being independent, and excellent scores in financial management, including a program expense ratio of 93.12%. The organization has demonstrated sound financial practices, evidenced by its low fundraising efficiency ratio of $0.04, indicating that it can raise funds effectively while keeping costs minimal. Additionally, the center has no material diversion of assets, which speaks to its integrity in handling funds.
While the overall assessment is positive, it is crucial to remain aware of the context in which the organization operates. Ratings are based solely on financial metrics, and while these figures suggest a well-managed organization, they do not directly measure the impact or effectiveness of its programs. Stakeholders may want to consider qualitative assessments of its mission and outcomes in conjunction with these financial ratings.
This AI summary has been generated from information found on Charity Navigator.
Is Mercatus Center Inc legitimate?
Mercatus Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercatus Center Inc 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: $1,469,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,566,450
For more financial information, click here
Official website here: www.mercatus.org
What is the mission statement of Mercatus Center Inc?
Mercatus Center Inc is an organization dedicated to bridging the gap between academic research and public policy issues. Their mission is to educate and advance interdisciplinary research in the humane sciences, integrating theory and practice to develop insights and tools that can sustainably enhance a free and prosperous society. The Center supports academic research and faculty activities at universities, including George Mason University, to broadly advance knowledge and understanding of institutions and change, contributing to the creation of a thriving and civil society.
Official website here: www.mercatus.org
Who is the CEO of Mercatus Center Inc?
Gary Leff is the Chairman of Mercatus Center Inc.
Official website here: www.mercatus.org
What is the revenue of Mercatus Center Inc?
Mercatus Center Inc's revenue in 2022 was $50,106,510.
Official website here: www.mercatus.org
Who are the executives of Mercatus Center Inc and what are their salaries?
The average compensation at Mercatus Center Inc during 2022 was $79,807. There are 226 employees at Mercatus Center Inc.
Here are 18 key members and their salaries:
- Compensation: $78,258
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $80,000
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $206,005
- Related: $0
- Other: $96
- Compensation: $464,300
- Related: $0
- Other: $31,365
- Compensation: $240,275
- Related: $0
- Other: $10,453
- Compensation: $182,673
- Related: $0
- Other: $18,944
- Compensation: $326,449
- Related: $0
- Other: $8,578
- Compensation: $284,454
- Related: $0
- Other: $19,843
- Compensation: $251,574
- Related: $0
- Other: $26,323
- Compensation: $235,000
- Related: $0
- Other: $7,525
- Compensation: $214,490
- Related: $0
- Other: $27,168
Official website here: www.mercatus.org
Where can I find the form 990 for Mercatus Center Inc?
Mercatus Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercatus.org
Learn more at the official website: www.mercatus.org
Mission Statement of Mercatus Center Inc
Mercatus Center Inc, a renowned organization, strives to bridge the gap between academic research and public policy issues. With a mission to educate students and the public, this center is dedicated to utilizing sound interdisciplinary research in the humane sciences. By integrating theory and practice, Mercatus Center aspires to develop insights and tools that can foster a free, prosperous, and civil society in a sustainable manner.
The Center's academic focus extends to supporting research and faculty activities at George Mason University and various other institutions. This research agenda aims to broadly advance a free and prosperous society, as Mercatus Center believes that the insights and tools derived from these academic pursuits can contribute significantly to solving complex policy problems.
Mercatus Center's work is grounded in interdisciplinary research, which enables the organization to approach challenges from multiple perspectives and develop comprehensive solutions. The Center's approach to integrating theory and practice offers valuable insights that can be applied to real-world situations, making it a vital player in shaping public policy debates.
By fostering an environment that encourages collaboration and the application of knowledge, Mercatus Center plays a pivotal role in ensuring that academic research influences and informs the decision-making process at the highest levels of government and beyond. Through its continued commitment to education and research, the organization remains dedicated to advancing the cause of a free, prosperous, and civil society.
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Impact
October, 2024
Mercatus Center Inc plays a significant role in bridging the gap between academic research and public policy challenges. By supporting academic research and faculty activities, particularly at George Mason University, it advances a research agenda focused on understanding institutions and societal change. The Center emphasizes the importance of interdisciplinary research, integrating concepts from the humane sciences, which allows for a comprehensive approach to addressing complex social issues.
Through its educational programs, the Center equips students with the insights and tools necessary to promote a free and prosperous society. Its commitment to developing practical applications of research enables policymakers and stakeholders to implement data-driven solutions that can lead to sustainable improvements in social governance and public welfare. Overall, the impact of Mercatus Center Inc is evident in its efforts to foster informed dialogue and innovative strategies for enhancing civil society.
This information is meant to be a general summary of Mercatus Center Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $122,581
- Program Service Revenue: $153,426
- Gross Receipts: $50,725,293
Assets and Liabilities:
- Total Assets: $43,899,623
- Total Liabilities: $4,530,547
- Net Assets: $39,369,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational programs
Revenue
$153,426
Organization Details
Founding Year
1987
Phone
(703) 993-4930Principal Officer
Gary Leff
Main Address
3434 Washington Blvd 4th Floor, Arlington, VA, 222014508
Website
www.mercatus.orgNTEE Category
Code: V22Z - Social research
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