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Research and Public Policy : Social and Public Policy Research

Reason Foundation

Free minds and free markets

four stars

95.47

5737 Mesmer Avenue Los Angeles, CA 90230
tel: (800) 582-2245   Web Site
EIN: 95-3298239

Board Leadership
Stephen Modzelewski
Chairman

CEO
David Nott
President

  Score
(out of 100)
Rating
Overall Score & Rating 95.47 four stars
  Financial 95.00 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1968, Reason Foundation advances a free society by developing, applying, and promoting libertarian principles, including individual liberty, free markets, and the rule of law. The Foundation produces respected public policy research on a variety of issues and publishes the critically acclaimed monthly magazine, Reason. Together, Reason Foundation's top-tier think tank and political and cultural magazine reach a diverse, influential audience, advancing the values of individual freedom and choice, limited government, and market-friendly policies. Reason Foundation is fighting back by changing minds and changing public policy through our award-winning journalism and policy research.

Founded in 1968, Reason Foundation advances a free society by developing, applying, and promoting libertarian principles, including individual liberty, free markets, and the rule of law. The Foundation produces respected public policy research on a variety of issues and publishes the critically acclaimed monthly magazine, Reason. Together, Reason Foundation's top-tier think tank and political and cultural magazine reach a diverse, influential audience, advancing the values of individual freedom and choice, limited government, and market-friendly policies. Reason Foundation is fighting back by changing minds and changing public policy through our award-winning journalism and policy research.

Impact Information

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Financial

four stars

95.00

Accountability & Transparency

four stars

96.00

This rating was published 08/01/2019 and includes data from FY2018, 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)
89.7%
  Administrative Expenses 2.6%
  Fundraising Expenses 7.5%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.74
  Program Expenses Growth 9.6%
  Liabilities to Assets 17.8%
All data for Financial Performance Metrics calculations was provided by Reason Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Reason Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Reason Foundation (CA) 95.47 four stars
Commonwealth Foundation (PA) 91.67 four stars
The Federalist Society for Law and Public Policy Studies (DC) 92.22 four stars
Mercatus Center (VA) 88.81 three stars
The Aspen Institute (DC) 93.00 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $10,646,858
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $698,383
   Related Organizations $0
   Government Grants $0
Total Contributions $11,345,241
   Program Service Revenue $984,910
Total Primary Revenue $12,330,151
   Other Revenue $-230,362
TOTAL REVENUE $12,099,789
   
EXPENSES  
   Program Expenses $11,417,303
   Administrative Expenses $397,342
   Fundraising Expenses $876,070
TOTAL FUNCTIONAL EXPENSES $12,690,715
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-590,926
   
Net Assets $8,855,312

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
Magazine $4,161,662 36.4%
Research and Analysis $3,996,201 35.0%
Online Video Journalism $1,766,468 15.5%

Ratings History
Reason Foundation has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 08/01/2019 95.47 four stars
2017-09 08/01/2018 94.64 four stars
2016-09 12/01/2017 90.42 four stars
2015-09 11/01/2016 92.91 four stars
2014-09 06/01/2016 93.98 four stars
 
CN 2.0
2014-09 11/01/2015 96.20 four stars
2013-09 06/01/2014 93.33 four stars
2012-09 04/01/2014 93.17 four stars
2012-09 03/01/2014 90.40 four stars
2012-09 08/01/2013 89.86 three stars
2011-09 07/01/2012 84.46 three stars
2010-09 12/23/2011 81.72 three stars
2010-09 09/20/2011 80.35 three stars
 
CN 1.0
2009-09 08/01/2010 83.73 three stars
2008-09 06/01/2009 91.23 four stars
2006-09 11/01/2007 87.89 three stars
2005-09 12/15/2006 72.99 two stars
2004-09 01/01/2006 67.76 one star
2003-09 11/01/2004 72.28 two stars
2002-09 04/01/2004 61.01 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 95-3298239
Name in IRS Master File THE REASON FOUNDATION
NTEE Code B90
NTEE Classification Educational Services and Schools - Other
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (995) Described in section 509(a)(2) of the Code
(123) Discussion groups, forums, panels lectures, etc.
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, 1979
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$388,222 3.05% David Nott President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Reason Foundation (CA) 95.47 four stars
The Georgia Center for Opportunity (GA) 91.89 four stars
NALEO Educational Fund (CA) 91.11 four stars
Peterson Institute for International Economics (DC) 88.23 three stars
Foundation for Defense of Democracies (DC) 88.70 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Reason Foundation
5737 Mesmer Avenue
Los Angeles, CA 90230
tel: (800) 582-2245
fax: (310) 391-4395
EIN: 95-3298239

Visit Web Site

Board Leadership

Stephen Modzelewski
Chairman

CEO

David Nott
President

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