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The Reason Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953298239 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is The Reason Foundation?

The Reason Foundation, based in Los Angeles, California, is a nonprofit organization established in 1968. With a team of 96 employees, they are dedicated to enhancing a free society by developing, applying, and advocating for libertarian principles. These principles focus on individual liberty, free markets, and the rule of law. They achieve this through journalism and public policy research, influencing policymakers and public opinion, reaching an average of 3.8 million visitors per month at Reason.com and 2.8 million visits to ReasonTV. The foundation publishes 11 issues per year and has a significant reach, selling thousands of copies monthly and generating millions of user visits.


Official website here: www.reason.org

Is The Reason Foundation legitimate?

The Reason Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Reason Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,910,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,291,449

For more financial information, click here


Official website here: www.reason.org

What is the mission statement of The Reason Foundation?

The Reason Foundation works towards advancing a free society by developing, implementing, and championing libertarian principles. These principles encompass individual liberty, free markets, and the rule of law. Through journalism and public policy research, the organization influences the decision-making processes of policymakers and the public. Since 1968, The Reason Foundation has published 11 issues per month, reaching thousands of readers through print and online media. With an average of 3.8 million monthly visitors to Reason.com and an additional 2.8 million visits to ReasonTV, the foundation effectively spreads its message.


Official website here: www.reason.org

Who is the CEO of The Reason Foundation?

David Nott is the President, Ceo of The Reason Foundation. The CEO's salary of The Reason Foundation is $411,628 and their total compensation is $534,428.


Official website here: www.reason.org

What is the revenue of The Reason Foundation?

The Reason Foundation's revenue in 2022 was $15,233,016.


Official website here: www.reason.org

Who are the executives of The Reason Foundation and what are their salaries?

The average compensation at The Reason Foundation during 2022 was $85,441. There are 96 employees and 19 volunteers at The Reason Foundation.

Here are 33 key members and their salaries (The Reason Foundation's CEO's salary is $411,628 and their total compensation is $534,428):

    David Nott (President, Ceo) [Trustee/Director]
  • Compensation: $411,628
  • Related: $0
  • Other: $122,800

    • Nicholas Gillespie (Editor At Large)
  • Compensation: $227,417
  • Related: $0
  • Other: $7,800

    • Robert Poole (Founder, Dir Of Transportation Policy) [Trustee/Director]
  • Compensation: $230,000
  • Related: $0
  • Other: $393

    • Adrian T Moore (Vice President Policy)
  • Compensation: $211,956
  • Related: $0
  • Other: $17,561

    • Jonathan Graff (Cfo, Secretary & Treasurer)
  • Compensation: $202,461
  • Related: $0
  • Other: $17,733

    • Leonard Gilroy (Vice President Government Reform)
  • Compensation: $202,500
  • Related: $0
  • Other: $7,752

    • Katherine Mangu-Ward (Vice President/Editor-In-Chief)
  • Compensation: $202,500
  • Related: $0
  • Other: $384

    • Michael Alissi (Vice President Operations)
  • Compensation: $182,835
  • Related: $0
  • Other: $17,704

    • Matthew Welch (Editor At Large)
  • Compensation: $168,544
  • Related: $0
  • Other: $17,609

    • Melissa Mann (Dir Of Donor Communications)
  • Compensation: $138,385
  • Related: $0
  • Other: $7,698

    • Jacqueline Pyke (Director Of Development)
  • Compensation: $144,167
  • Related: $0
  • Other: $308

    • James Epstein (Executive Editor)
  • Compensation: $122,565
  • Related: $0
  • Other: $308

    • Stephen Modzelewski (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theodore Barnett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas E Beach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Baron Bond (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew A Carey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Caruso (Trustee (Left Apr 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derwood S Chase Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Dunn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Farrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Boyden Gray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Hooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James D Jameson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manuel S Klausner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Lintott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis May (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George F Ohrstrom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris J Rufer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard A Wallace (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kerry Welsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred M Young Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.reason.org

    Where can I find the form 990 for The Reason Foundation?

    The The Reason Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.reason.org

    Learn more at the official website: www.reason.org

    Mission Statement of The Reason Foundation

    The Reason Foundation, a pioneering organization established in 1968, is dedicated to advancing a free society by developing, applying, and championing libertarian principles. This includes individual liberty, free markets, and the rule of law. The team at Reason Foundation employs journalism and public policy research to shape the dialogues and actions of policymakers and the public.

    In simple terms, The Reason Foundation serves as a beacon for promoting intellectual freedom and market-based solutions. Their mission is threefold: first, they develop and refine libertarian principles that can be practically applied; second, they disseminate these ideas through various channels; and third, they advocate for these principles in the political sphere. By doing so, they aim to foster an environment where individuals can flourish, and markets can operate efficiently.

    Reason Foundation's efforts are far-reaching, with a significant readership base and a robust online presence. Eleven issues of their publication are released each year, amassing 52,000 copies in circulation and 4,000 newsstand sales per month. Additionally, their websites, Reason.com and ReasonTV, attract an impressive average of 3.8 million and 2.8 million unique users, respectively, per month. The organization's impact extends beyond their print and digital platforms, as they influence the discourse surrounding crucial policy issues.

    Impact

    This information is meant to be a general summary of The Reason Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Reason Foundation has a significant impact on advancing libertarian principles and promoting a free society. Through their work, they strive to champion individual liberty, free markets, and the rule of law. By using journalism and public policy research, they influence policymakers and the public, shaping frameworks and actions in alignment with their ideals. With a wide reach, including the publication of 11 issues, selling tens of thousands of copies monthly, and millions of online visits, The Reason Foundation plays a crucial role in fostering a culture that values free minds and free markets.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $183,098
  • Program Service Revenue: $1,124,817
  • Gross Receipts: $18,264,074

    • Assets and Liabilities:
  • Total Assets: $17,225,914
  • Total Liabilities: $2,590,843
  • Net Assets: $14,635,071
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SUBSCRIPTION SALES

    Revenue

    $884,391

    CONFERENCE REVENUE

    Revenue

    $240,426

    Organization Details

    Founding Year

    1978

    Principal Officer

    David Nott

    Main Address

    5737 MESMER AVENUE, LOS ANGELES, CA, 90230

    NTEE Category

    Code: B90 - Education

    If you are a representative of The Reason Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.