2025-11-13T17:22:53-06:00 2024-12-31 420714325 RSM US LLP 7351 OFFICE PARK PLACE MELBOURNE FL 329408229 990 2024-03-15 992370652 THE DAILY SIGNAL INSTITUTE DAIL 2026086150 20 F STREET NW STE 700 WASHINGTON DC 20001 ROBERT BLUEY VP, FIN AND ACCT 2025464400 2025-11-13 1 0 KELLI PECK P01423033 3217516200 2025-11-13 2024 2025-03-06 01:10:19Z X ROBERT BLUEY 20 F STREET NW STE 700 WASHINGTON DC 20001 3598549 0 X HTTPS://WWW.THEDAILYSIGNALINSTITUTE.ORG X 2024 DE TO PROVIDE TRAINING FOR JOURNALISTS, REPORTERS, AND EDITORS, AND EDUCATING THE GENERAL PUBLIC BY PRODUCING NONPARTISAN NEWS AND EDITORIAL CONTENT THAT INFORMS THE NATIONAL COMMUNITY ON IMPORTANT PUBLIC-POLICY ISSUES AND CURRENT EVENTS. 7 5 21 5 0 0 3571589 0 0 26960 3598549 0 0 1125341 0 40517 245183 1370524 2228025 2629956 507833 2122123 TO PROVIDE TRAINING FOR JOURNALISTS, REPORTERS, AND EDITORS, AND EDUCATING THE GENERAL PUBLIC BY PRODUCING NONPARTISAN NEWS AND EDITORIAL CONTENT THAT INFORMS THE NATIONAL COMMUNITY ON IMPORTANT PUBLIC-POLICY ISSUES AND CURRENT EVENTS. 0 0 891878 PROVIDING TRAINING FOR JOURNALISTS, REPORTERS, AND EDITORS, AND EDUCATING THE GENERAL PUBLIC BY PRODUCING NONPARTISAN NEWS AND EDITORIAL CONTENT. 891878 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 4 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN VA WV WI X ROBERT BLUEY 2026086150 20 F STREET NW STE 700 WASHINGTON DC 20001 ROBERT BLUEY PRESIDENT & EXECUTIVE EDITOR 20.00 20.00 X X 124883 184576 77658 DERRICK MORGAN DIRECTOR 1.00 39.00 X 0 545991 103490 ERIK TELFORD DIRECTOR 1.00 0.00 X 0 0 0 JOHN MILLER DIRECTOR 1.00 0.00 X 0 0 0 JACK FOWLER DIRECTOR 1.00 0.00 X 0 0 0 JIM WEIDMAN DIRECTOR 1.00 0.00 X 0 0 0 DARRYLE OWENS DIRECTOR 1.00 1.00 X 0 0 0 ERIC KORSVALL VICE PRESIDENT 1.00 39.00 X 0 444117 88644 JOHN BACKIEL TREASURER 1.00 39.00 X 0 313985 78088 DAN MAULER SECRETARY 1.00 39.00 X 0 374337 44500 BRIAN GOTTSTEIN SR EDITOR & WRITING ADVISOR 20.00 20.00 X 89464 87160 45092 KATRINA TRINKO EDITOR-IN-CHIEF 20.00 20.00 X 75914 92590 28943 FRED LUCAS SENIOR INVESTIGATIVE REPORTER 20.00 20.00 X 63530 63205 43855 TYLER O'NEIL SR EDITOR & MARILYN & FRED G. FELLOW 20.00 20.00 X 59283 58957 38863 KENNETH MCINTYRE SR EDITOR 20.00 20.00 X 56660 56336 47086 469734 2221254 596219 1 0 1 0 0 3571589 3571589 OTHER INCOME 900099 26960 26960 26960 3598549 0 0 26960 162658 105727 56931 754127 490183 263944 68630 44610 24020 87392 57011 30381 52534 34147 18387 11002 7160 3517 325 87426 56827 30599 40192 40192 9112 6219 2893 15339 9970 5369 1159 753 406 36020 36020 38811 38811 DUES & SUBSCRIPTIONS 4801 3121 1680 HONORARIA & WRITER'S FE 1000 1000 OTHER EXPENSES 321 319 2 1370524 891878 438129 40517 1685363 12816 10719 894098 26960 0 2629956 271510 236323 0 507833 X 2122123 0 2122123 0 2629956 X 2228025 -105902 X X 0 1 X 1 0 X 3571589 3571589 3571589 3571589 3428029 143560 26960 26960 3598549 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2024 AMOUNT: $ 26,960. SCHEDULE A, PART II THE DAILY SIGNAL INSTITUTE ("THE INSTITUTE") BEGAN ITS OPERATIONS ON MARCH 15, 2024. THE AMOUNT PRESENTED IN 2024 COLUMN REPRESENTS REVENUE FOR THE NINE AND A HALF MONTHS OF OPERATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 894098 F 894098 DUE TO THE HERITAGE FOUNDATION 236323 236323 X 4060539 457990 4000 461990 3598549 0 3598549 1938416 457990 109902 567892 1370524 0 1370524 PART X, LINE 2: THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(A), AS AN ENTITY DESCRIBED IN 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENT 109,902. ADJUSTMENT TO INVESTMENT IN AFFILIATE -105,902. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENT 109,902. 0 0 0 0 0 0 0 1 0 DERRICK MORGAN DIRECTOR 0 392424 0 152307 0 1260 0 69000 0 43355 0 658346 0 0 ERIC KORSVALL VICE PRESIDENT 0 318550 0 124307 0 1260 0 54500 0 41859 0 540476 0 0 DAN MAULER SECRETARY 0 313344 0 60307 0 686 0 44500 0 4663 0 423500 0 0 JOHN BACKIEL TREASURER 0 255966 0 55317 0 2702 0 43647 0 41941 0 399573 0 0 ROBERT BLUEY PRESIDENT & EXECUTIVE EDITOR 124055 124055 307 60000 521 521 37776 5390 18893 22661 181552 212627 0 0 BRIAN GOTTSTEIN SR EDITOR & WRITING ADVISOR 86325 86325 2304 0 835 835 9893 3851 18482 22463 117839 113474 0 0 KATRINA TRINKO EDITOR-IN-CHIEF 75432 75433 325 17000 157 157 11255 3140 8542 10790 95711 106520 0 0 FRED LUCAS SENIOR INVESTIGATIVE REPORTER 63009 63009 325 0 196 196 7033 2766 17413 17886 87976 83857 0 0 TYLER O'NEIL SR EDITOR & MARILYN & FRED G. FELLOW 58843 58842 325 0 115 115 4338 2577 19628 23368 83249 84902 0 0 KENNETH MCINTYRE SR EDITOR 54870 54871 325 0 1465 1465 10357 2559 17434 18094 84451 76989 0 0 PART I, LINE 3 COMPENSATION, INCLUDING SALARIES, BONUSES, AND BENEFITS, FOR THE INSTITUTES'S PRESIDENT, ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ("THE BOARD"). EACH YEAR, THE BOARD CONSIDERS MARKET DATA AND OTHER SALARY AND BENEFIT SURVEY INFORMATION REGARDING THE COMPENSATION OF SIMILARLY SITUATED EXECUTIVES, BECAUSE THE MANAGEMENT AND LEADERSHIP SKILLS OF THE INSTITUTE EXECUTIVE HAVE A SIGNIFICANT EFFECT ON THE INTITUTE'S SUCCESS, A SIGNIFICANT PORTION OF CASH COMPENSATION IS IN THE FORM OF A BONUS. BONUSES ARE CONTINGENT ON ACHIEVING THE INSTITUTE'S STRATEGIC OBJECTIVES AS WELL AS INDIVIDUAL PERFORMANCE AND ACHIEVEMENT OF ESTABLISHED GOALS. GOALS ARE REVIEWED MID-YEAR AND ANNUALLY, AND MONTHLY REPORTS OF THE INSTITUTE'S ACTIVITIES ARE PROVIDED TO THE BOARD. IN CONSIDERING AND APPROVING TOTAL COMPENSATION FOR 2024, THE BOARD ALSO APPROVED BENEFITS PROVIDED UNDER AN EMPLOYER-FUNDED QUALIFIED RETIREMENT PLAN, GROUP HEALTH, LIFE, AND LONG-TERM DISABILITY AND LONG-TERM CARE INSURANCE PLANS, AND OTHER BENEFITS. PART I, LINE 7 A PORTION OF MANAGEMENT COMPENSATION IS IN THE FORM OF AN ANNUAL BONUS MANAGEMENT BONUSES ARE CONTINGENT ON ACHIEVING THE INSTITUTE'S GOALS AND OBJECTIVES AS WELL AS ON THEIR OWN PERFORMANCE AND ACHIEVEMENT OF ESTABLISHED GOALS. BONUSES ARE NOT BASED ON A FIXED FORMULA. GOALS ARE REVIEWED MID-YEAR AND ANNUALLY, AND MONTHLY REPORTS OF THE INSTITUTE'S ACTIVITIES ARE PROVIDED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT OF THE INSTITUTE WORKS WITH PROFESSIONAL ACCOUNTANTS ACCORDING TO AN ESTABLISHED SERVICE AGREEMENT TO COMPILE THE NECESSARY INFORMATION FOR COMPLETING THE FORM 990. PAID TAX PREPARERS THEN ASSIST IN COMPLETING THE RETURN, WHICH IS REVIEWED BY THE INSTITUTE'S TREASURER. THE COMPLETED DRAFT IS THEN REVIEWED BY THE PRESIDENT, VICE PRESIDENT, SECRETARY/GENERAL COUNSEL OF THE INSTITUTE FOR FINAL REVISIONS. A COMPLETE FINAL DRAFT OF THE FORM 990 IS GIVEN TO THE BOARD OF DIRECTORS FOR FINAL COMMENTS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE HAS IN PLACE A FORMAL CONFLICT OF INTEREST POLICY THAT REQUIRES EMPLOYEES AND ALL MEMBERS OF THE BOARD TO DISCLOSE, ANNUALLY, ANY AND ALL FINANCIAL INTERESTS OR HOLDINGS THAT MAY BE A CONFLICT OF INTEREST TO HIS/HER DUTIES AS A DIRECTOR, OFFICER, OR STAFF MEMBER OF THE INSTITUTE. ADDITIONAL DISCLOSURES ARE REQUIRED PROMPTLY WHEN A PREVIOUSLY UNKNOWN CONFLICT ARISES OR IS DISCOVERED. IN THE CASE OF A POTENTIAL CONFLICT, THE POLICY SETS FORTH A FORMAL PROCESS FOR THE BOARD TO EXAMINE THE POTENTIAL CONFLICT AND THEN APPROVE, DISAPPROVE, OR TAKE FURTHER APPROPRIATE ACTION. FURTHER, THE POLICY PROVIDES THE BOARD THE AUTHORITY TO IMPLEMENT AND ENFORCE ITS OVERSIGHT OF THESE ISSUES. FORM 990, PART VI, SECTION B, LINE 15A IN DEVELOPING THE INSTITUTE'S COMPENSATION RECOMMENDATIONS, THE BOARD CONSIDERS MARKET DATA AND OTHER SALARY AND BENEFIT SURVEY INFORMATION, PREPARED WITH ADVICE FROM OUTSIDE EXPERTS, REGARDING THE COMPENSATION OF SIMILARLY SITUATED EXECUTIVES. MANAGEMENT BONUSES ARE CONTINGENT ON ACHIEVING THE INSTITUTE'S MISSION AS WELL AS ON THEIR OWN PERFORMANCE AND ACHIEVEMENT OF ESTABLISHED GOALS. GOALS ARE REVIEWED MID-YEAR AND ANNUALLY, AND QUARTERLY REPORTS OF THE INSTITUTE'S ACTIVITIES ARE PROVIDED TO THE BOARD. IN CONSIDERING AND APPROVING TOTAL COMPENSATION FOR 2024, THE BOARD ALSO APPROVED BENEFITS PROVIDED UNDER AN EMPLOYER-FUNDED QUALIFIED RETIREMENT PLAN, GROUP HEALTH, LIFE AND LONG-TERM DISABILITY AND LONG-TERM CARE INSURANCE PLANS, AND OTHER BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE MAKES ITS FORM 990 AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST IN COMPLIANCE FOR THE PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: ADJUSTMENT TO INVESTMENT IN THE DAILY SIGNAL MEDIA GROUP -105,902. FORM 990, PART XII, LINE 2C: THIS IS THE FIRST YEAR THE INSTITUTE HAS ENTERED INTO BUSINESS, THEREFORE, NO CHANGE IN OVERSIGHT PROCESS FROM THE PREVIOUS YEAR. THE HERITAGE FOUNDATION 214 MASSACHUSETTS AVE NE WASHINGTON DC 20002 237327730 PUBLIC CHARITY DC 501(C)(3) LINE 7 N/A 0 HERITAGE ACTION FOR AMERICA 214 MASSACHUSETTS AVE NE WASHINGTON DC 20002 272244700 ADVOCACY DC 501(C)(4) THE HERITAGE FOUNDATION 0 THE HERITAGE INSTITUTE 214 MASSACHUSETTS AVE NE WASHINGTON DC 20002 521193835 PUBLIC CHARITY DC 501(C)(3) LINE 7 THE HERITAGE FOUNDATION 0 THE DAILY SIGNAL MEDIA GROUP INC 20 F STREET NW SUITE 700 WASHINGTON DC 20001 992390784 PUBLISHING DE THE DAILY SIGNAL INSTITUTE C 31384 977536 1.00000 1 AMERICAN DREAM BROADCASTING INC 214 MASSACHUSETTS AVE NE WASHINGTON DC 20001 454869531 BROADCASTING SERVICES DC N/A C 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0