American Institute For Economic Research Inc

Organization Overview

American Institute For Economic Research Inc is located in Great Barrington, MA. The organization was established in 1999. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 12/2021, American Institute For Economic Research Inc employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Institute For Economic Research Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, American Institute For Economic Research Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $7.7m during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AIER CONDUCTS INDEPENDENT, SCIENTIFIC, ECONOMIC RESEARCH TO EDUCATE INDIVIDUALS, THEREBY ADVANCING THEIR PERSONAL INTERESTS AND THOSE OF THE NATION.

Describe the Organization's Program Activity:

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 2021, APPROXIMATELY 834,682 INDIVIDUALS, INSTITUTIONS AND PUBLISHERS RECEIVED THE REPORTS AND MORE THAN 7,851,051 READERS VISITED AIER'S WEBSITE.


ACADEMIC PROGRAMS DURING 2021, AIER PROVIDED EDUCATIONAL OPPORTUNITIES FOR OVER 8,200 PARTICIPANTS/ATTENDEES. THROUGH OUR TEACH THE TEACHERS PROGRAM, 175 EDUCATORS SUCCESSFULLY COMPLETED COURSES DEALING WITH PRACTICAL ECONOMIC TOPICS WHICH THEY CAN USE FOR THEIR ESTIMATED 21,000 STUDENTS. THE BASTIAT SOCIETY AT AIER ORGANIZES AND HOSTS EDUCATION EVENTS FOR THE GENERAL BUSINESS COMMUNITY IN 40 CITIES AROUND THE WORLD. DURING THE YEAR, THIS PROGRAM HELD 160 EVENTS ATTRACTING OVER 5,600 PEOPLE. IN ADDITION, AIER WELCOMED 400 STUDENTS, SCHOLARS, AND MEMBERS OF THE PUBLIC TO ITS CAMPUS TO ATTEND VARIOUS COLLOQUIA, WORKSHOPS, AND FORUMS. AIER ALSO HOSTED 22 VISITING RESEARCHERS AND 11 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 SEVENTY TWO ARTICLES TO AIER.ORG DURING 2021.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
American Philanthropic Llc
Development Consultant
$324,471
Bruce A Fyfe
General Building Contractor
$217,688
Peter J Del Grande
Chef
$197,357
Cleaning And Beyond - Jeffrey S Sayers
Cleaner
$114,951
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,162,351
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,162,351
Total Program Service Revenue$177,896
Investment income $553,059
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$213,282
Net Gain/Loss on Asset Sales $1,942,724
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,768,400

Grants Recieved

Over the last fiscal year, we have identified 2 grants that American Institute For Economic Research Inc has recieved totaling $6,500.

Awarding OrganizationAmount
Orcas Bay Foundation

Tacoma, WA

PURPOSE: SCIENCE AND EDUCATION

$6,400
Strauss Foundation Incorporated

Owings Mills, MD

PURPOSE: EDUCATION

$100
View Grant Recipient Profile

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