EIN 04-2121305

American Institute for Economic Research (AIER)

IRS 501(c) type
501(c)(3)
Num. employees
68
Year formed
1939
Most recent tax filings
2023-12-01
Description
The American Institute for Economic Research is an independent organization to help ordinary Americans deepen their economic and financial knowledge and thereby enhance their well-being that of the nation.
Total revenues
$4,819,132
2023
Total expenses
$9,251,965
2023
Total assets
$193,880,453
2023
Num. employees
68
2023

Program areas at AIER

Research reports and bulletins - preparation and distribution of periodic Economic reports and occasional booklets focused on selected topics in the areas of fiscal and monetary economics, including personal Economic issues. These are distributed to members and the general public. During 2023, approximately 624,732 individuals, institutions and publishers received the reports and more than 3,486,000 readers visited aier's website.
Academic programs - during 2023, aier provided educational opportunities for over 5,119 participants/attendees. Through our teach the teachers program, 101 educators successfully completed courses dealing with practical Economic topics which they can use for their estimated 12,037 students. The bastiat society at aier organizes and hosts education events for the general business community in 31 cities around the world. During the year, this program held 126 events attracting over 4,410 people. In addition, aier welcomed 560 students, scholars, and members of the public to its campus to attend various colloquia, workshops, and forums. Aier also hosted 36 visiting researchers and 16 interns. Aier's sound money project conducts Research and promotes awareness about monetary stability and financial privacy. The project is comprised of leading academics and practitioners in money, banking and macroeconomics. It offers regular commentary and in-depth analysis on monetary policy, alternative monetary systems, financial markets regulations, cryptocurrencies, and the history of monetary and macroeconomic thought. Members of the project have contributed 88 articles to aier.org during 2023.

Who funds American Institute for Economic Research (AIER)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$316,640
Lynde and Harry Bradley FoundationTo Support General Operations$200,000
Donors TrustFor General Operations$138,100
...and 19 more grants received totalling $1,057,719

Personnel at AIER

NameTitleCompensation
Michele KearnsVice President , Finance$213,810
Phillip MagnessDirector of Research and Edu$223,497
Bradley J DevosDirector of Programs$187,216
Laurie B PshenishnyAssistant Comptroller$127,187
Fredrick HarwoodBoard Member$0
...and 7 more key personnel

Financials for AIER

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,703,669
Program services$446,190
Investment income and dividends$882,223
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-337,825
Net gain from sale of non-inventory assets$1,024,229
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$100,646
Total revenues$4,819,132

Form 990s for AIER

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-22990View PDF
2022-122023-05-11990View PDF
2021-122022-08-15990View PDF
2020-122021-05-25990View PDF
2019-122021-01-21990View PDF
...and 10 more Form 990s
Data update history
December 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Used new vendors
Identified 1 new vendor, including
November 2, 2024
Updated personnel
Identified 5 new personnel
October 23, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Pierre F & Enid Goodrich Foundation
July 31, 2024
Received grants
Identified 4 new grant, including a grant for $6,000 from Woodford Foundation
Nonprofit Types
Professional associationsBusiness and community development organizationsResearch centersCharities
Issues
Social sciencesEducationBusiness and industry
Characteristics
Operates donor advised fundsConducts researchOperates internationallyNational levelProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
PO Box 1000 250 Division St
Great Barrington, MA 01230
Metro area
Pittsfield, MA
County
Berkshire County, MA
Website URL
aier.org/ 
Phone
(888) 528-1216
Facebook page
AmericanInstituteForEconomicResearch 
Twitter profile
@aier 
IRS details
EIN
04-2121305
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
V20: Social Science Research Institutes, Services
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0267699
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-01-15
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