2023-11-09T12:20:52-06:00 2022-12-31 943108253 NOVOGRADAC & COMPANY LLP 2033 N MAIN STREET WALNUT CREEK CA 94596 990 2022-01-01 942528433 PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY PACI 4159890833 PO BOX 60485 PASADENA CA 91116 SARA C PIPES PRESIDENT & CEO 4159890833 2023-11-09 1 SARA PIPES 999009999 0 ERIC M BARNETT P01433887 9259494300 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARA C PIPES PO BOX 60485 PASADENA CA 91116 7530517 0 X WWW.PACIFICRESEARCH.ORG X 1978 CA CHAMPIONS FREEDOM, OPPORTUNITY AND RESPONSIBILITY BY ADVANCING FREE-MARKET POLICY SOLUTIONS. 14 13 10 0 0 0 6684372 6291975 0 0 562992 470021 552214 367658 7799578 7129654 0 0 0 0 1683322 1732886 0 0 1075986 3052279 3354705 4735601 5087591 3063977 2042063 22104229 22695074 306636 340907 21797593 22354167 X PRI CHAMPIONS FREEDOM, OPPORTUNITY, AND PERSONAL RESPONSIBILITY BY ADVANCING FREE-MARKET POLICY SOLUTIONS. THE INSTITUTE PROVIDES PRACTICAL SOLUTIONS FOR THE POLICY ISSUES THAT IMPACT THE DAILY LIVES OF ALL AMERICANS AND DEMONSTRATES WHY THE (CONTINUED ON SCHEDULE O) FREE MARKET IS MORE EFFECTIVE THAN THE GOVERNMENT AT PROVIDING THE IMPORTANT RESULTS WE ALL SEEK; GOOD SCHOOLS, QUALITY HEALTH CARE, A CLEAN ENVIRONMENT, AND A ROBUST ECONOMY. 0 0 1539883 THE CENTER FOR HEALTH CARE EXAMINES PUBLIC POLICIES THAT AFFECT AMERICA'S HEALTH-CARE SYSTEM, EXPLAINS HOW THESE POLICIES LIMIT ACCESS TO AFFORDABLE, HIGH-QUALITY HEALTH CARE, AND PRESCRIBES REFORMS THAT RELY ON MARKET-BASED SOLUTIONS. 423995 THE CENTER FOR CALIFORNIA REFORM SEEKS TO REINVIGORATE CALIFORNIA'S ENTREPRENEURIAL, SELF-RELIANT TRADITIONS. 577830 THE CENTER FOR EDUCATION WORKS TO RESTORE TO ALL PARENTS THE BASIC RIGHT TO CHOOSE THE BEST EDUCATIONAL OPPORTUNITIES FOR THEIR CHILDREN. THROUGH RESEARCH AND GRASSROOTS OUTREACH, THE INSTITUTE'S SCHOLARS ADVANCE PARENTAL CHOICE IN EDUCATION, HIGH ACADEMIC STANDARDS, CHARTER SCHOOLS, TEACHER QUALITY, AND SCHOOL FINANCE REFORM. 760007 760007 3301715 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WI WV X X PACIFIC RESEARCH INSTITUTE 4159890833 PO BOX 60485 PASADENA CA 91116 PETER C FARRELL PHD BOARD MEMBER 1.00 X 0 0 0 CLARK S JUDGE CHAIRMAN 1.00 X X 0 0 0 DANIEL M KOLKEY BOARD MEMBER 1.00 X 0 0 0 DANIEL OLIVER CHAIRMAN EMERITUS 1.00 X 0 0 0 RICHARD A WALLACE BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER WRIGHT BOARD MEMBER 1.00 X 0 0 0 RUSSELL A JOHNSON BOARD MEMBER 1.00 X 0 0 0 SEAN M MCAVOY BOARD SECRETARY-TREASURER 1.00 X X 0 0 0 SALLY C PIPES PRESIDENT & CEO 40.00 X X 452038 0 14292 STEVEN DENNIS BOARD MEMBER 1.00 X 0 0 0 LAWRENCE J SISKIND BOARD MEMBER 1.00 X 0 0 0 RICHARD SAMUELSON BOARD MEMBER 1.00 X 0 0 0 PAUL TOSETTI BOARD MEMBER 1.00 X 0 0 0 CHRISTINE ZANELLO BOARD MEMBER 1.00 X 0 0 0 ROWENA ITCHON CHIEF OPERATING OFFICER 40.00 X 315000 0 12447 LANCE T IZUMI SENIOR DIRECTOR, CENTER FO 40.00 X 173250 0 0 TIMOTHY R ANAYA VICE PRESIDENT, MARKETING & COMMUNICATIONS 40.00 X 152250 0 6902 BENJAMIN SMITHWICK VICE PRESIDENT, DEVELOPMENT 40.00 X 210083 0 5642 1302621 0 39283 5 0 1 0 KEYBRIDGE COMMUNICATIONS 1722-A WISCONSIN AVE NW WASHINGTON DC 20007 PUBLICITY AND WEBSITE MAINTENANCE 608205 WAYNE WINEGARDEN 3006 TYNDALL WAY MARINA CA 93933 ECONOMICS CONSULTANT FOR VARIOUS PROJECT 332239 KERRY JACKSON 557 25TH STREET HERMOSA BEACH CA 90254 CONSULTANT, SENIOR FELLOW FOR CA REFORM 105500 HENRY ISAAC MILLER 2748 BRIARFIELD AVE REDWOOD CITY CA 94061 CONSULTANT, SENIOR FELLOW ON HEALTH CARE 100500 4 34000 6257975 6291975 499652 499652 788 788 371232 400863 -29631 -29631 -29631 366870 34000 0 366870 366870 7129654 0 0 837679 X 1302621 738586 349102 214933 279255 145389 20155 113711 63131 31979 15318 15834 87879 47952 19973 19954 209695 137655 72040 134885 63211 46508 25166 1167840 932603 68985 166252 739837 733165 290 6382 172194 14829 11156 146209 58758 53038 4194 1526 138923 66602 46336 25985 71463 36405 7537 27521 2400 1187 704 509 18024 11848 6176 EVENTS 421474 180978 1085 239411 GRAPHICS 99524 65650 4630 29244 PUBLICATION PRODUCTION 70710 39986 2730 27994 WEBSITE 12500 12500 36478 27299 9179 5087591 3301715 709890 1075986 8683074 8862760 1902950 2324488 1304175 743000 4 139 105856 74322 34990 34990 0 0 10105770 10690365 2400 0 22104229 22695074 306636 340907 306636 340907 X 16188790 16916658 5608803 5437509 21797593 22354167 22104229 22695074 2042063 -1485489 0 X X 0 1 X 1 0 X 5043065 5826627 5239643 6684372 6291975 29085682 5043065 5826627 5239643 6684372 6291975 29085682 9341829 19743853 241705 376794 312481 564509 500440 1995929 955 80000 80955 31162566 0.63360 0.66920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 1 6500 0 0 0 1 7000 1 7500 0 21000 0 PART II-B, LINE 1, LOBBYING ACTIVITIES: MEETINGS WITH LEGISLATORS ON ISSUES RELATED TO PRI'S PUBLIC POLICY RESEARCH. 8417 8417 0 26573 26573 0 0 X 5644165 -1485489 -1485489 7129654 0 7129654 5087591 0 5087591 0 5087591 PART X, LINE 2: THE INSTITUTE IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTIONS 501 (C) (3) AND THE CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D, RESPECTIVELY. THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE INSTITUTE TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE INSTITUTE. THE INSTITUTE HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE INSTITUTE'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE INSTITUTE HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS FOUR YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE INSTITUTE ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THATCHER DINNER 89150 3150 86000 SF GALA 248200 30850 217350 5 63520 63520 400870 34000 366870 366870 X X X X X 0 0 0 0 0 0 0 0 0 SALLY C PIPES PRESIDENT & CEO 452038 0 0 0 0 0 0 0 14292 0 466330 0 0 0 ROWENA ITCHON CHIEF OPERATING OFFICER 315000 0 0 0 0 0 0 0 12447 0 327447 0 0 0 BENJAMIN SMITHWICK VICE PRESIDENT, DEVELOPMENT 210083 0 0 0 0 0 0 0 5642 0 215725 0 0 0 LANCE T IZUMI SENIOR DIRECTOR, CENTER FO 173250 0 0 0 0 0 0 0 0 0 173250 0 0 0 TIMOTHY R ANAYA VICE PRESIDENT, MARKETING & COMMUNIC 152250 0 0 0 0 0 0 0 6902 0 159152 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TAXPAYER'S ACCOUNTING FIRM FORWARDS THE FORM 990 TO THE TREASURER. THE TREASURER THEN FORWARDS THE FORM 990 TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE FORM 990. BOARD MEMBERS ARE ENCOURAGED TO REVIEW THE FORM 990 AND TO FORWARD THEIR QUESTIONS TO THE TREASURER. THE ACCOUNTING FIRM ADDRESSES ALL QUESTIONS FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE MONITORS ITS POLICY THROUGH REGULAR REVIEWS. THE DISCOVERY OF ANY CONFLICTS ARE ADDRESSED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR MANAGEMENT PRESENTS A COMPLETE DETAILED REPORT TO THE COMPENSATION COMMITTEE COMPOSED OF BOARD MEMBERS WITH RELATED BUSINESS EXPERIENCE. THE REPORT INCLUDES AN ANALYSIS OF CURRENT MARKET TRENDS; COMPARISON TO OTHER SIMILAR THINK TANK SALARIES GATHERED FROM 990S; AND ANALYSIS OF HOURS SPENT WORKING, JOB RESPONSIBILITIES, YEARS OF EXPERIENCE AND LEVEL OF EXPERTISE. THE COMPENSATION COMMITTEE APPROVES THE ANNUAL COMPENSATION PACKAGE FOR PRESENTATION AT THE ANNUAL MARCH BOARD MEETING FOR FULL APPROVAL BY THE ENTIRE VOTING BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 932,603. MANAGEMENT AND GENERAL EXPENSES 13,174. FUNDRAISING EXPENSES 166,252. TOTAL EXPENSES 1,112,029. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 55,811. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,811. FORM 990: PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.