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Research and Public Policy : Social and Public Policy Research

Cato Institute

Individual liberty, free markets, and peace

three stars

87.44

1000 Massachusetts Avenue, NW Washington, DC 20001
tel: (202) 842-0200   Web Site
EIN: 23-7432162

Board Leadership
Robert A. Levy
Chairman

CEO
Peter N. Goettler
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 87.44 three stars
  Financial 82.50 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 09/01/2017 and includes data from FY2016, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

82.50

Accountability & Transparency

four stars

97.00

This rating was published 09/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.4%
  Administrative Expenses 8.5%
  Fundraising Expenses 16.9%
  Fundraising Efficiency $0.15
  Working Capital Ratio (years) 2.41
  Program Expenses Growth 3.0%
  Liabilities to Assets 3.1%
All data for Financial Performance Metrics calculations was provided by Cato Institute on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Cato Institute on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Cato Institute (DC) 87.44 three stars
Economic Policy Institute (DC) 91.13 four stars
The Philanthropy Roundtable (DC) 92.22 four stars
National Employment Law Project (NY) 90.90 four stars
Livewell Colorado (CO) 90.94 four stars

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Founded in 1977, the Cato Institute works to increase the understanding of public policies based on the principles of limited government, free markets, individual liberty, and peace. The Institute uses the most effective means to originate, advocate, promote, and disseminate applicable policy proposals that create free, open, and civil societies in the United States and throughout the world. The Cato Institute undertakes an extensive publications program dealing with the complete spectrum of public policy issues. Books, monographs, briefing papers and shorter studies are commissioned to examine issues in nearly every corner of the public policy debate. Policy forums and book forums are held regularly, as are major policy conferences, which Cato hosts throughout the year, and from which papers are published thrice yearly in the Cato Journal.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $26,698,458
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $26,698,458
   Program Service Revenue $704,032
Total Primary Revenue $27,402,490
   Other Revenue $466,803
TOTAL REVENUE $27,869,293
   
EXPENSES  
   Program Expenses $21,592,324
   Administrative Expenses $2,270,315
   Fundraising Expenses $5,299,475
TOTAL FUNCTIONAL EXPENSES $29,162,114
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,292,821
   
Net Assets $68,974,691

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Center for Global Liberty and Prosperity $1,656,594 7.7%
Center for Monetary and Financial Alternatives $1,327,756 6.1%
Center for Constitutional Studies $1,129,614 5.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-03 09/01/2017 87.44 three stars
2015-03 06/01/2016 90.65 four stars
 
CN 2.0
2014-03 04/01/2016 84.78 three stars
2013-03 06/01/2014 83.41 three stars
2012-03 06/01/2013 87.38 three stars
2011-03 05/01/2012 92.43 four stars
2010-03 09/20/2011 91.92 four stars
 
CN 1.0
2010-03 05/01/2011 96.92 four stars
2009-03 06/01/2010 88.53 three stars
2008-03 06/01/2009 96.25 four stars
2007-03 08/01/2008 81.70 three stars
2005-12 03/01/2007 74.95 two stars
2004-12 01/01/2006 82.64 three stars
2003-12 01/05/2005 88.75 three stars
2002-12 01/01/2004 81.22 three stars
2001-12 02/05/2003 75.48 two stars
2000-12 10/15/2002 67.83 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-7432162
Name in IRS Master File CATO INSTITUTE
NTEE Code W20
NTEE Classification Government and Public Administration
NTEE Type Public, Society Benefit - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (603) Non-financial services of facilities to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1975
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2016
  • March, 2015
  • March, 2014
  • March, 2013
  • March, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$370,238 1.26% Peter Goettler President
Other Salaries of Note
$143,827 0.49% John A. Allison Former President

Founded in 1977, the Cato Institute works to increase the understanding of public policies based on the principles of limited government, free markets, individual liberty, and peace. The Institute uses the most effective means to originate, advocate, promote, and disseminate applicable policy proposals that create free, open, and civil societies in the United States and throughout the world. The Cato Institute undertakes an extensive publications program dealing with the complete spectrum of public policy issues. Books, monographs, briefing papers and shorter studies are commissioned to examine issues in nearly every corner of the public policy debate. Policy forums and book forums are held regularly, as are major policy conferences, which Cato hosts throughout the year, and from which papers are published thrice yearly in the Cato Journal.

Highly Rated

Charity Name & State Overall Score Overall Rating
Cato Institute (DC) 87.44 three stars
Institute for America's Future (DC) 86.23 three stars
Tax Foundation (DC) 87.15 three stars
Livewell Colorado (CO) 90.94 four stars
Food and Water Watch (DC) 88.45 three stars

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Charity Contact Info

Cato Institute
1000 Massachusetts Avenue, NW
Washington, DC 20001
tel: (202) 842-0200
fax: (202) 842-3490
EIN: 23-7432162

Visit Web Site

Board Leadership

Robert A. Levy
Chairman

CEO

Peter N. Goettler
President & CEO

[ X ]

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