The Reason Foundation

Organization Overview

The Reason Foundation is located in Los Angeles, CA. The organization was established in 1979. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 09/2022, Reason Foundation employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reason Foundation 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 09/2020, Reason Foundation generated $16.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $13.1m during the year ending 09/2020. While expenses have increased by 3.6% per year over the past 6 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCE A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTING FREE MINDS AND FREE MARKETS SINCE 1968- 11 ISSUES PUBLISHED- 52,000 PAID/REQUESTED COPIES AND 4,000 NEWSSTAND COPIES SOLD PER MONTH- AVERAGE OF 3.8 MILLION USER VISITS PER MONTH AT REASON.COM AND 2.8 MILLION VISITS TO REASONTV


REASON WORKS WITH MOTIVATED POLICYMAKERS TO DEVELOP AND IMPLEMENT MARKET-BASED REFORMS THAT ARE A MODEL FOR REFORM-MINDED POLICYMAKERS AT ALL LEVELS OF GOVERNMENT. OUR PENSION INTEGRITY PROJECT EDUCATES POLICYMAKERS AND TAXPAYERS ON PENSION REFORM. WE PRODUCED FIVE MAJOR TECHNICAL ANALYSES THAT FOCUS ON THE SOLVENCY OF PUBLIC EMPLOYEE RETIREMENT SYSTEMS IN ARIZONA, NORTH CAROLINA, NEW MEXICO, MISSISSIPPI, AND ARKANSAS, AS WELL AS POLICY BRIEFS THAT ADDRESS REDUCED PUBLIC SAFETY BUDGETS, VOLATILE INVESTMENT RETURNS, AND THE IMPACT OF COVID-19 ON PUBLIC PENSIONS, AND EDUCATED LEGISLATORS IN THOSE STATES VIA STUDIES, DIRECT OUTREACH, AND MORE 70 TOPICAL COMMENTARIES. DRAWING FROM DECADES OF RESEARCH ON THE BENEFITS OF SCHOOL CHOICE, REASON'S EDUCATION TEAM IS A LEADING VOICE IN PROMOTING NEW MODELS SUCH AS PANDEMIC PODS, ONLINE CHARTERS, BACKPACK FUNDING, AND OTHER OPTIONS THAT ENCOURAGE STUDENT ACHIEVEMENT AND ADVANCE THE FREEDOM TO INNOVATE IN EDUCATION. WE ARE ADVISING POLICYMAKERS AND ALLIES IN MORE THAN 20 STATES ON VIRTUAL SCHOOLING, SCHOOL FINANCE, AND SAFETY. OUR TRANSPORTATION TEAM IS ASSESSING THE CHANGES THAT THE PANDEMIC HAS MADE IN TRANSPORTATION USAGE, CALLING FOR GREATER DECENTRALIZATION AND A REEVALUATION OF HEAVILY SUBSIDIZED TRANSIT PROJECTS. REASON'S DRUG POLICY TEAM IS HELPING STATES BETTER UNDERSTAND POTENTIAL PITFALLS IN REGULATING LEGAL RECREATIONAL CANNABIS MARKETS AND PROVIDING SUPPORT TO POLICYMAKERS SEEKING TO FIX THE CHALLENGES OF LEGALIZATION.


"PROMOTING FREE MINDS AND FREE MARKETS THROUGH ONLINE VIDEO JOURNALISM.- 162 VIDEOS PRODUCED- AVERAGE OF 2,800,000 VIDEOS PLAYED EACH MONTHPODCASTSREASON PRODUCES 3 PODCASTS: THE REASON ROUNDTABLE, A WEEKLY DISCUSSION OF THE WEEK'S BIGGEST STORIES AND THEIR CONNECTION TO THE IDEAS OF FREE MINDS AND FREE MARKETS; THE REASON INTERVIEW WITH NICK GILLESPIE, A WEEKLY CONVERSATION WITH INNOVATIVE AND INTERESTING THINKERS FROM A VARIETY OF DISCIPLINES; AND THE MONTHLY SOHO FORUM DEBATES, FEATURING PUBLIC INTELLECTUALS FACING OFF OVER CONTROVERSIAL ISSUES.- AVERAGE OF 304,000 DOWNLOADS PER MONTH"


REASON FOUNDATION PUBLISHES RESEARCH AND JOURNALISM AND ENGAGES IN EDUCATIONAL OUTREACH FROM A LIBERTARIAN PERSPECTIVE TO POLICYMAKERS, RELEVANT STAKEHOLDERS, AND THE GENERAL PUBLIC.- 20,000 ARTICLES CITING REASON EXPERTS- 3,200 MEDIA APPEARANCES BY REASON EXPERTS- 57 LEGISLATIVE TESTIMONIES- 31 POLICY STUDIES- 300 POLICY COMMENTARIES AND OP-EDS- 11 SURFACE TRANSPORTATION INNOVATIONS NEWSLETTERS & AIR SECURITY NEWSLETTERS- 11 AIR TRAFFIC CONTROL NEWSLETTERS- 4 REASON REPORT DONOR NEWSLETTERS


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Iron Light Inc
Marketing
$105,500
H-garb Informatix
Data Validation
$179,825
Sound Science Explorations Llc
Film Production
$279,390
Ronald Bailey
Journalism
$102,000
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$15,019,750
Investment income $227,918
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$519
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,170,727

Grants Recieved

Over the last fiscal year, we have identified 6 grants that The Reason Foundation has recieved totaling $73,550.

Awarding OrganizationAmount
Offerdahl Family Foundation

Incline Village, NV

PURPOSE: ADVANCES A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES, INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW.

$60,000
Millennium Evergreen Charitable Fund

Owings Mills, MD

PURPOSE: GENERAL SUPPORT

$7,500
James Deering Danielson Foundation

Chicago, IL

PURPOSE: SOCIAL SERVICES

$5,000
Lff Foundation

Milwaukee, WI

PURPOSE: OPERATING EXPENSES

$500
Strauss Foundation Incorporated

Owings Mills, MD

PURPOSE: EDUCATION

$300
Crawford Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$81,703
Other Expense$30,424
Ending Balance$51,279

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