AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH

EIN: 530218495 501(c)(3) Social Science

WASHINGTON, DC

Total Revenue
$75,372,309
Total Expenses
$73,523,238
Total Assets
$386,580,770
Net Assets
$365,259,596
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1943
Legal Domicile
DC
Principal Officer
ROBERT DOAR
Phone
2028625800
Tax Period
2024-07-01 to 2025-06-30

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH, founded in 1943, is a mid-sized nonprofit in the Social Science sector that reported $75.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $365.3M represent 58 months of operating reserves.

Mission

THE AMERICAN ENTERPRISE INSTITUTE IS A COMMUNITY OF SCHOLARS AND SUPPORTERS COMMITTED TO EXPANDING LIBERTY, INCREASING INDIVIDUAL OPPORTUNITY, AND STRENGTHENING FREE ENTERPRISE. AEI PURSUES THESE IDEALS THROUGH INDEPENDENT THINKING AND THE HIGHEST STANDARDS OF RESEARCH AND EXPOSITION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,092,201
Program Service Revenue $2,088,391
Investment Income $12,066,605
Other Revenue $125,112
TOTAL REVENUE $75,372,309

Expense Breakdown

Grants Paid $757,190
Salaries & Benefits $43,722,515
Fundraising Expenses $7,284,349
Program Expenses $57,703,523
Other Expenses $29,043,533
TOTAL EXPENSES $73,523,238

Year-over-Year Comparison

2024 2023 Change
Revenue $75,372,309 $67,952,475 +0.1%
Expenses $73,523,238 $71,020,416 +0.0%
Net Income $1,849,071 $-3,067,941 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
29
Independent Members
28
Employees
372
Volunteers
31

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$2,179,457
Total Directors
32
$1,315,372
Key Employees
6
$2,260,852
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEHDAD EGHBALI BD OF TRUSTEES 1.00
Director
$0 $0 $0
BILL HASLAM BD OF TRUSTEES - AS OF 5/25 1.00
Director
$0 $0 $0
BOB MURLEY BD OF TRUSTEES 1.00
Director
$0 $0 $0
CHRISTOPHER B GALVIN BD OF TRUSTEES 1.00
Director
$0 $0 $0
CLIFFORD S ASNESS BD OF TRUSTEES 1.00
Director
$0 $0 $0
DANIEL A D'ANIELLO CHAIRMAN 2.00
Officer Director
$0 $0 $0
DEEPA JAVERI BD OF TRUSTEES 1.00
Director
$0 $0 $0
DREW MCKNIGHT BD OF TRUSTEES - AS OF 3/25 1.00
Director
$0 $0 $0
EDWARD B RUST JR BD OF TRUSTEES 1.00
Director
$0 $0 $0
FRANK J HANNA BD OF TRUSTEES 1.00
Director
$0 $0 $0
GEOFFREY S REHNERT BD OF TRUSTEES 1.00
Director
$0 $0 $0
HARLAN CROW BD OF TRUSTEES 1.00
Director
$0 $0 $0
HARVEY GOLUB BD OF TRUSTEES 1.00
Director
$0 $0 $0
JOANNA F JONSSON BD OF TRUSTEES 1.00
Director
$0 $0 $0
JOHN A LUKE JR BD OF TRUSTEES 1.00
Director
$0 $0 $0
JOHN K HURLEY BD OF TRUSTEES - UNTIL 02/25 1.00
Director
$0 $0 $0
KEVIN B ROLLINS BD OF TRUSTEES - UNTIL 11/24 1.00
Director
$0 $0 $0
KIMBERLY O DENNIS BD OF TRUSTEES 1.00
Director
$0 $0 $0
MARC S LIPSCHULTZ BD OF TRUSTEES 1.00
Director
$0 $0 $0
MARTIN C ELTRICH III BD OF TRUSTEES 1.00
Director
$0 $0 $0
MATTHEW K ROSE BD OF TRUSTEES 1.00
Director
$0 $0 $0
PAT NEAL BD OF TRUSTEES 1.00
Director
$0 $0 $0
PETER H COORS BD OF TRUSTEES 1.00
Director
$0 $0 $0
RAVENEL B CURRY III BD OF TRUSTEES 1.00
Director
$0 $0 $0
RICHARD DEVOS BD OF TRUSTEES 1.00
Director
$0 $0 $0
ROBERT DOAR PRESIDENT 40.00
Officer Director
$1,213,768 $101,604 $1,315,372
ROBERT GREENHILL BD OF TRUSTEES - UNTIL 11/24 1.00
Director
$0 $0 $0
ROSS PEROT JR BD OF TRUSTEES 1.00
Director
$0 $0 $0
TULLY M FRIEDMAN BD OF TRUSTEES 1.00
Director
$0 $0 $0
WILL WEATHERFORD BD OF TRUSTEES 1.00
Director
$0 $0 $0
WILLIAM H WALTON BD OF TRUSTEES 1.00
Director
$0 $0 $0
WILSON H TAYLOR BD OF TRUSTEES 1.00
Director
$0 $0 $0
JASON W BERTSCH EXECUTIVE VICE PRESIDENT 40.00
Officer
$503,636 $41,400 $545,036
KAZUKI KO - VICE PRESIDENT CHIEF FINANCIAL OFFICER 40.00
Officer
$284,217 $34,832 $319,049
JOHN CUSEY - SENIOR VICE PRESIDENT, EXTERNAL RELATI 40.00
Key Emp
$288,960 $35,700 $324,660
KATHERYNE E WALKER - CHIEF HR OFFICER & VP OF OPERATIONS 40.00
Key Emp
$260,742 $31,757 $292,499
KORI SCHAKE DIRECTOR, FDP 40.00
Key Emp
$369,027 $41,400 $410,427
MATTHEW CONTINETTI DIRECTOR, DOMESTIC POLICY 40.00
Key Emp
$308,863 $37,860 $346,723
MICHAEL R STRAIN DIRECTOR, ECONOMIC POLICY 40.00
Key Emp
$411,260 $41,400 $452,660
YUVAL LEVIN DIRECTOR, SCCS 40.00
Key Emp
$392,483 $41,400 $433,883
ADAM WHITE SENIOR FELLOW 40.00
Highest
$282,660 $34,380 $317,040
DANIELLE PLETKA DISTINGUISHED SENIOR FELLO 40.00
Highest
$273,293 $32,795 $306,088
FREDERICK HESS - SENIOR FELLOW & DIRECTOR, EDUCATI 40.00
Highest
$261,156 $31,747 $292,903
JAMES PETHOKOUKIS SENIOR FELLOW 40.00
Highest
$258,887 $32,220 $291,107
NICHOLAS EBERSTADT SENIOR FELLOW 40.00
Highest
$312,336 $37,971 $350,307
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $75,372,309 $73,523,238 $386,580,770 $1,849,071
2024 $67,952,475 $71,020,416 $353,111,569 $-3,067,941
2023 $53,808,205 $66,819,074 $348,427,115 $-13,010,869
2022 $69,385,964 $60,624,542 $346,443,499 $8,761,422
2021 $80,742,317 $51,057,669 $389,314,676 $29,684,648
2020 $48,035,784 $51,698,842 $309,675,769 $-3,663,058
2019 $51,439,296 $57,228,170 $325,952,959 $-5,788,874
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