EIN 04-2121305

American Institute for Economic Research (AIER)

IRS 501(c) type
501(c)(3)
Num. employees
59
Year formed
1939
Most recent tax filings
2022-12-01
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
$3,395,556
2022
Total expenses
$8,551,275
2022
Total assets
$184,181,536
2022
Num. employees
59
2022

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 2022, approximately 626,040 individuals, institutions and publishers received the reports and more than 3,638,031 readers visited aier's website.
Academic programs - during 2022, aier provided educational opportunities for over 6,200 participants/attendees. Through our teach the teachers program, 151 educators successfully completed courses dealing with practical Economic topics which they can use for their estimated 18,000 students. The bastiat society at aier organizes and hosts education events for the general business community in 35 cities around the world. During the year, this program held 157 events attracting over 5,400 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 41 visiting researchers and 13 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 one hundred twelve articles to aier.org during 2022.

Who funds American Institute for Economic Research (AIER)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lynde and Harry Bradley FoundationTo Support General Operations$200,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$177,380
Donors TrustFor General Operations$108,600
...and 26 more grants received totalling $1,010,439

Personnel at AIER

NameTitleCompensation
Michele M KearnsVice President$187,697
Gail S RogerDirector of Human Resources$123,763
Phillip MagnessDirector of Research and Education$192,859
Bradley J DevosDirector of Programs$183,960
Edward P StringhamPresident and Director of Research and Education / President and Director of Research and Edu.$311,370
...and 7 more key personnel

Financials for AIER

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,948,990
Program services$72,986
Investment income and dividends$595,765
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-189,233
Net gain from sale of non-inventory assets$788,329
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$178,719
Total revenues$3,395,556

Form 990s for AIER

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-11990View PDF
2021-122022-08-15990View PDF
2020-122021-05-25990View PDF
2019-122021-01-21990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s
Data update history
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $50,000 from Thomas W Smith Foundation
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 1 new personnel
June 27, 2023
Received grants
Identified 18 new grant, including a grant for $75,000 from The Chicago Community Trust
Nonprofit Types
Professional associationsBusiness and community development organizationsResearch centersCharities
Issues
Social sciencesEducationBusiness and industry
Characteristics
Operates donor advised fundsConducts researchOperates internationallyNational levelProvides scholarshipsTax deductible donations
General information
Address
PO Box 1000
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
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