Liabilities / Assets
23rd percentile
Higher debt load relative to assets than 23% of similar nonprofits.
EIN 22-2570926 • 501(c)3 • Santa Ana, CA
Profile
To foster a growing awareness, understanding and acceptance of ayn rand's revolutionary philosophy, objectivism, in order to create a culture whose guiding principles are reason, rational self-interest, and laissez-faire capitalism, a culture in which individuals are free to pursue their own happiness.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
23rd percentile
Higher debt load relative to assets than 23% of similar nonprofits.
Liabilities / Revenue
27th percentile
Higher debt load relative to revenue than 27% of similar nonprofits.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 3.4% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Assets
Up$73,471,338
Up $42,102,836 (+134%) from 2023
Liabilities
Down$3,571,450
Down $802,548 (-18%) from 2023
Net Assets
Up$69,899,888
Up $42,905,384 (+159%) from 2023
Revenue
Up$25,121,108
Up $9,639,930 (+62%) from 2023
Expenses
Down$2,582,334
Down $8,134,257 (-76%) from 2023
Net Income
Up$22,538,774
Up $17,774,187 (+373%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To foster a growing awareness, understanding and acceptance of Ayn Rand's revolutionary philosophy, objectivism, in order to create a culture whose guiding principles are reason, rational self-interest, and laissez-faire capitalism, a culture in which individuals are free to pursue their own happiness.
Understanding of ayn rand's works and to find and train the new intellectuals to teach her philosophy of objectivism.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $11,360,544 | $22,536,097 | ▲ $11,175,553 |
| Pledges and Grants Receivable | $14,165,066 | $17,858,177 | ▲ $3,693,111 |
| Other Notes and Loans Receivable, Net | $5,000,000 | $5,000,000 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $35,946 | $4,753,638 | ▲ $4,717,692 |
| Land, Buildings, and Equipment, Net | $720,284 | $713,700 | ▼ $6,584 |
| Inventories for Sale or Use | $157,570 | $157,570 | → $0 |
| Prepaid Expenses and Deferred Charges | $123,739 | $139,483 | ▲ $15,744 |
| Accounts Receivable | $13,877 | $13,796 | ▼ $81 |
| Investments in Publicly Traded Securities | $4,349 | $11,995 | ▲ $7,646 |
| Total Assets | $54,001,600 | $73,471,338 | ▲ $19,469,738 |
| Other Assets Total | $22,420,225 | $22,286,882 | ▼ $133,343 |
| Liabilities | |||
| Other Liabilities | $2,525,192 | $2,525,192 | → $0 |
| Accounts Payable and Accrued Expenses | $1,319,426 | $717,345 | ▼ $602,081 |
| Deferred Revenue | $303,711 | $328,913 | ▲ $25,202 |
| Total Liabilities | $4,148,329 | $3,571,450 | ▼ $576,879 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $26,556,353 | $46,602,970 | ▲ $20,046,617 |
| Net Assets With Donor Restrictions | $23,296,918 | $23,296,918 | → $0 |
| Total Net Assets Fund Balance | $49,853,271 | $69,899,888 | ▲ $20,046,617 |
| Total Liabilities and Net Assets / Fund Balance | $54,001,600 | $73,471,338 | ▲ $19,469,738 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $644,019 | $1,336,753 | $1,980,772 |
| Leasehold Improvements | $58,365 | $113,202 | $171,567 |
| Equipment | $11,316 | $77,364 | $88,680 |
| Other Assets Org | $68,410 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tal Tsfany | President & CEO, Board Mem | FT | $405,638 | $453,798 | $859,436 |
| Carla Silk | Chief Operating Officer | FT | $219,184 | $31,933 | $251,117 |
| Onkar Ghate | Chief Phil. Officer | FT | $193,000 | $32,591 | $225,591 |
| Yaron Brook | Chairman of the Board | PT | $218,852 | - | $218,852 |
| Elan Journo | VP of Content & Sr. Fellow | FT | $151,553 | $32,057 | $183,610 |
| Geraldine Yumping | Controller | FT | $141,755 | $22,493 | $164,248 |
| Donald Watkins | Vice President of Marketin | FT | $137,557 | $16,695 | $154,252 |
| Keith Lockitch | VP of Ed. & Sr. Fellow | FT | $136,112 | $18,059 | $154,171 |
| Aaron Fried | Senior Director of Growth | FT | $142,306 | $1,545 | $143,851 |
| Jeffrey P Scialabba | Director of Aru Operations | FT | $112,845 | $1,944 | $114,789 |
| Benjamin Bayer | Director of Content | FT | $106,630 | $1,860 | $108,490 |
| Tara Smith | Member | - | $14,365 | - | $14,365 |
| Name | Title |
|---|---|
| John Allison | Member |
| Larry Salzman | Member |
| Loren Corle | Member |
| Robert Mayhew | Member |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Kb Bpg Griffin Towers | Building Lease | PO BOX 32354, Las Vegas, NV 89009 | $103,590 |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 20 | $200,277 | Fair Market Value (FMV) |
| Total Noncash Contributions | 20 | $200,277 | - |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,345,906 |
| Other Expenses | $1,142,534 |
| Total Fundraising Expense | $168,759 |
| Grants and Similar Amounts Paid | $93,894 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $752,759 | $15,562 | $49,467 | $817,788 |
| Fees for Services Other | $557,979 | $68,327 | $8,658 | $634,964 |
| Comp Disqual Persons | $167,654 | $1,693 | - | $169,347 |
| Current Officers, Directors, Trustees, and Key Employees | $99,467 | $11,782 | $53,751 | $165,000 |
| Occupancy | $71,593 | $21,498 | $5,857 | $98,948 |
| Other Employee Benefits | $79,127 | $5,325 | $8,286 | $92,738 |
| Foreign Grants | $88,894 | - | - | $88,894 |
| Travel | $55,658 | $15,920 | $7,417 | $78,995 |
| Payroll Taxes | $64,751 | $4,358 | $6,781 | $75,890 |
| Office Expenses | $54,513 | $1,549 | $3,516 | $59,578 |
| Advertising | $44,539 | $2,989 | $4,643 | $52,171 |
| Fees for Services Legal | $3,209 | $26,995 | $2,782 | $32,986 |
| Conferences and Meetings | $30,747 | $374 | $80 | $31,201 |
| Pension Plan Contributions | $21,453 | $1,444 | $2,246 | $25,143 |
| Insurance | $8,784 | $588 | $916 | $10,288 |
| Depreciation Depletion | $9,975 | $24 | $41 | $10,040 |
| Other Expenses | $276 | $4,071 | $5,264 | $9,611 |
| Fees for Services Accounting | $7,683 | $516 | $801 | $9,000 |
| Royalties | $5,662 | - | - | $5,662 |
| Grants to Domestic Individuals | $5,000 | - | - | $5,000 |
| All Other Expenses | $1,265 | $1,303 | - | $2,568 |
| Total Functional Expenses | $2,224,214 | $189,361 | $168,759 | $2,582,334 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Yaron Brook | Chairman of the Bod | Speaking and Teaching Engagements | No | $84,102 |
| Liability | Amount |
|---|---|
| Gift Annuity Obligation | $1,328,419 |
| 457(b) Participant Interest | $701,406 |
| Operating Lease Liabilities | $495,367 |
“The bylaws were amended to change the fiscal year of this corporation to january 1 to december 31, effective for year ending december 31, 2025.”
“An electronic copy of the 990 is provided to each member of the board before it is filed with the internal revenue service. We complete a review of the prior year return for significant changes and review our financial statements.”
“Each officer & director annually signs an acknowledgment stating that they have read, understand, and agree to comply with the conflict of interest policy. Governance committee has a review procedure for business dealings among board members and officers.”
“For the executive director, the board determines the salary, considering factors such as salary surveys and comparable organizations.”
“Form 990, governing documents, policies and financial statements are provided upon request. Audited financial statements and form 990 are available on the organization's website.”
“Outside services: program service expenses 557,979. Management and general expenses 68,327. Fundraising expenses 8,658. Total expenses 634,964.”
“Armaf net assets -2,535,221.”
“The institute has collections that are housed in the ayn rand archives, a special collection of the ayn rand institute, which include ayn rand papers as well as other artifacts of historical significance and works of arts. In accordance with accounting principles generally accepted in the united states of america, these items are not capitalized on the financial statements.”
“The ayn rand archives consist of two major holdings: the ayn rand papers and the special collections. The ayn rand papers comprises the personal papers and effects left by ayn rand at her death in 1982. This collection includes manuscripts, notes and outlines, business and personal correspondence, philosophic journals, research files, marginalia, clippings, photographs, calendars, address books, phonograph records, memorabilia, and recorded interviews and speeches. Also included is microfilm of the ayn rand papers at the library of congress. These papers are drafts, typescripts and galleys of her novella, anthem, and her three novels, we the living, the fountainhead, and atlas shrugged, plus some administrative material. The special collections is an ongoing collection of ayn rand-related material acquired since her death. It includes recordings of ayn rand's radio programs, lectures and interviews, oral history interviews, russian academic and legal documents, translations of her work, biographical and philosophical articles about ayn rand, reviews and press mentions, screenplays, correspondence, objectivist periodicals, and materials from objectivist organizations. The mission of the ayn rand archives is to acquire, preserve and make available ayn rand's remaining papers and related documents to serious scholars and general writers. By acquiring holdings, conducting research and providing access, the archives preserves and makes available the physical evidence of ayn rand's achievement and influence.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 717345 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 13877 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 13796 |
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| IRS990/ActivityOrMissionDesc | 0 | UNDERSTANDING OF AYN RAND'S WORKS AND TO FIND AND TRAIN THE NEW INTELLECTUALS TO TEACH HER PHILOSOPHY OF OBJECTIVISM. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 2989 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 44539 |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2568 |
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| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 31201 |
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| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1345906 |
| IRS990/CYTotalExpensesAmt | 0 | 2582334 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 168759 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 25121108 |
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| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 303711 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 328913 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 10040 |
| IRS990/Desc | 0 | OUTREACH PROGRAMS: WE POSTED SCORES OF NEW VIDEOS TO OUR YOUTUBE CHANNEL, WITH SIGNIFICANT GROWTH IN SUBSCRIBERS AND VIEWS. AMONG THE NEW VIDEOS WERE LECTURES, INTERVIEWS, AND PODCASTS ON TOPICS RANGING FROM HISTORY AND PHILOSOPHY TO CULTURAL ISSUES AND FOREIGN AFFAIRS. OUR CHANNEL SHOWCASED RARE AND LESSER-KNOWN AYN RAND AUDIO-VIDEO MATERIALS.FOUR MAJOR CONFERENCES WERE HELD: ARCON-EUROPE, WHICH WAS HELD IN MARCH 2024 IN AMSTERDAM, NETHERLANDS, ARCON USA HELD IN MARCH 2024 IN AUSTIN, TEXAS, ARCON LATIN AMERICA, WHICH WAS HELD IN APRIL 2024 IN BUENOS AIRES, ARGENTINA AND THE OBJECTIVIST CONFERENCE IN JUNE 2024 IN ANAHEIM, CALIFORNIA, WHICH BROUGHT HUNDREDS OF ATTENDEES TOGETHER FROM ALL OVER THE WORLD. IN FY2024, ARI CONTINUED ITS GLOBAL OUTREACH EXPANSION IN EUROPE, LATIN AMERICA, ASIA, THE MIDDLE EAST, AND AUSTRALIA. ARI ALSO SENT SPEAKERS TO ADDRESS STUDENTS AND GENERAL AUDIENCES ALL OVER THE WORLD. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 151112 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT & CEO, BOARD MEM |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CHIEF PHIL. OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHAIRMAN OF THE BOARD |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CONTROLLER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CHIEF OPERATING OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | VP OF ED. & SR. FELLOW |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | VP OF CONTENT & SR. FELLOW |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | VICE PRESIDENT OF MARKETIN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR OF CONTENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | SENIOR DIRECTOR OF GROWTH |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR OF ARU OPERATIONS |
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| IRS990/MissionDesc | 0 | TO FOSTER A GROWING AWARENESS, UNDERSTANDING AND ACCEPTANCE OF AYN RAND'S REVOLUTIONARY PHILOSOPHY, OBJECTIVISM, IN ORDER TO CREATE A CULTURE WHOSE GUIDING PRINCIPLES ARE REASON, RATIONAL SELF-INTEREST, AND LAISSEZ-FAIRE CAPITALISM, A CULTURE IN WHICH INDIVIDUALS ARE FREE TO PURSUE THEIR OWN HAPPINESS. |
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| IRS990/OtherExpensesGrp/Desc | 3 | TAXES, LICENSES, FEES |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | EDUCATIONAL PROGRAMS:IN FY2024, WE FOCUSED ON GROWING OUR FREE BOOKS TO STUDENTS PROGRAM, ACHIEVING CONTINUED EXPONENTIAL GROWTH. THOUGH WE PAUSED OUTBOUND MARKETING FOR OUR BOOKS FOR TEACHERS PROGRAM, DEMAND STAYED HEALTHY, AND THOUSANDS OF TEACHERS CONTINUED TO COME TO US TO ORDER COPIES OF RAND'S LITERATURE. ESSAY CONTESTS CONTINUED THEIR STRONG PERFORMANCE, WHILE STUDENTS HAD NEW OPPORTUNITIES TO PARTICIPATE IN LIVE ONLINE DISCUSSIONS WITH OUR EXPERT FACULTY. AS ALWAYS, IN-PERSON CONFERENCES WERE A CULMINATING EXPERIENCE FOR MANY OF THE STUDENTS WHO INTERACT WITH OUR PROGRAMS.ARU, OUR PROGRAM OF ONLINE COURSES FOCUSED ON OBJECTIVISM AND ITS PHILOSOPHICAL APPLICATIONS, CONTINUED TO SERVE A GROWING STUDENT COMMUNITY WHILE EXPANDING AND DIVERSIFYING ITS EDUCATIONAL OFFERINGS. FINANCIAL ASSISTANCE REMAINED AVAILABLE TO ELIGIBLE PARTICIPANTS, OFFSETTING SOME OR ALL THEIR PROGRAM COST.THE ARU GRADUATE CENTER, OUR ADVANCED TRAINING PROGRAM, CONTINUED TO OFFER INSTRUCTION TO COMMITTED STUDENTS, AS WELL AS CAREER GUIDANCE, MENTORING, AND FINANCIAL ASSISTANCE. THIS CENTER IS DEDICATED TO HIGH-POTENTIAL INDIVIDUALS AIMING TOWARD AN INTELLECTUAL CAREER.NEW IDEAL, WHICH IS ARI'S JOURNAL, PUBLISHED DOZENS OF ARTICLES AND PODCASTS IN FY2024, APPLYING OBJECTIVISM TO EXPLAIN MAJOR ISSUES IN THE CULTURE AND PROMOTING THE INSTITUTE'S OTHER WORK. THE WEEKLY PODCASTS ON SOCIAL MEDIA FEATURE OUR INTELLECTUAL TEAM AND JUNIOR FELLOWS, COMMENTING ON THE IDEAS OF AYN RAND AND THEIR APPLICATION TO IMPORTANT ISSUES OF TODAY. ARI ALSO PUBLISHED FOUR BOOKS OF PHILOSOPHIC WRITINGS BY OUR SCHOLARS.SEVERAL NEW COURSES WERE ADDED TO THE CATALOG OF ON-DEMAND CONTENT IN FY2024. ARI'S RECORDED COURSE VIDEOS RECEIVED THOUSANDS OF HOURS OF VIEWS ACROSS ALL PLATFORMS: WEBSITE, ARU MOBILE APP, AND YOUTUBE. |
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| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 125185 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | OTHER: THE AYN RAND ARCHIVES CONTINUED TO ENHANCE THE PROTECTION OF ARI'S PHYSICAL ARCHIVAL MATERIALS AND INVESTED FURTHER IN DIGITAL PLATFORMS FOR MANAGING OUR COLLECTIONS. IN ADDITION TO PUBLISHING ESSAYS AND HOSTING ONLINE EVENTS FEATURING ARCHIVAL MATERIALS, WE PRODUCED TWO EXHIBITS: AN ONLINE EXHIBIT, "AYN RAND: IN FILM AND ON STAGE," FEATURING ORIGINAL MATERIALS ALONG WITH COMMENTARY FROM OUR ARCHIVES TEAM, AND A COMPANION PHYSICAL EXHIBIT AT OCON 2024.THE ARI ESTORE (ESTORE.AYNRAND.ORG) CONTINUED TO SELL BOOKS AND RECORDINGS ON OBJECTIVISM AND RELATED TOPICS. IN FY2024, THE ESTORE SOLD HUNDREDS OF BOOKS, DIGITAL COURSES, AND LECTURES TO OUR CUSTOMERS.ARI HAS RECEIVED THE HIGHEST 4-STAR RATING WITH CHARITY NAVIGATOR, POSITIONING ARI AMONG THE MOST-TRUSTED NONPROFITS IN THE COUNTRY. |
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