Civic Intelligence

R Street Institute

EIN 26-3477125 • 501(c)3 • Washington, DC

Profile

The r street institute is a nonprofit, nonpartisan, public-policy research organization ("think tank"). Our mission is to engage in policy research and outreach to promote free markets and limited, effective government. (continued on schedule o)

1411 K Street NW 900Washington, DC 20005

www.rstreet.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.24x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

0.14x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

50th percentile

4.2%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$374,542

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

66th percentile

9.5%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

37%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,917,398

Up $771,702 (+9.5%) from 2023

Liabilities

Up

$2,114,038

Up $140,613 (+7.1%) from 2023

Net Assets

Up

$6,803,360

Up $631,089 (+10%) from 2023

Revenue

Up

$15,095,416

Up $4,047,101 (+37%) from 2023

Expenses

Up

$14,464,327

Up $239,501 (+1.7%) from 2023

Net Income

Up

$631,089

Up $3,807,600 (+120%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $12,316Net Assets 2010: $12,3162010Assets 2011: $2,349Net Assets 2011: $2,3492011Assets 2015: $2,131,906Liabilities 2015: $120,989Net Assets 2015: $2,010,9172015Assets 2016: $3,311,687Liabilities 2016: $265,302Net Assets 2016: $3,046,3852016Assets 2017: $5,324,052Liabilities 2017: $741,950Net Assets 2017: $4,582,1022017Assets 2018: $6,658,153Liabilities 2018: $822,342Net Assets 2018: $5,835,8112018Assets 2019: $5,276,637Liabilities 2019: $785,805Net Assets 2019: $4,490,8322019Assets 2020: $9,026,992Liabilities 2020: $1,677,854Net Assets 2020: $7,349,1382020Assets 2021: $9,433,752Liabilities 2021: $534,774Net Assets 2021: $8,898,9782021Assets 2022: $10,132,891Liabilities 2022: $784,109Net Assets 2022: $9,348,7822022Assets 2023: $8,145,696Liabilities 2023: $1,973,425Net Assets 2023: $6,172,2712023Assets 2024: $8,917,398Liabilities 2024: $2,114,038Net Assets 2024: $6,803,3602024

Highlighted filing

2024

Assets$8,917,398
Liabilities$2,114,038
Net Assets$6,803,360

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2010: $0Expenses 2010: $13,332Net Income 2010: -$13,3322010Revenue 2011: $0Expenses 2011: $9,967Net Income 2011: -$9,9672011Revenue 2015: $4,164,948Expenses 2015: $3,471,241Net Income 2015: $693,7072015Revenue 2016: $5,946,145Expenses 2016: $4,910,677Net Income 2016: $1,035,4682016Revenue 2017: $8,389,020Expenses 2017: $6,853,303Net Income 2017: $1,535,7172017Revenue 2018: $10,586,090Expenses 2018: $9,332,381Net Income 2018: $1,253,7092018Revenue 2019: $8,765,865Expenses 2019: $10,110,844Net Income 2019: -$1,344,9792019Revenue 2020: $12,674,519Expenses 2020: $9,816,213Net Income 2020: $2,858,3062020Revenue 2021: $12,078,892Expenses 2021: $10,529,052Net Income 2021: $1,549,8402021Revenue 2022: $13,380,594Expenses 2022: $12,930,790Net Income 2022: $449,8042022Revenue 2023: $11,048,315Expenses 2023: $14,224,826Net Income 2023: -$3,176,5112023Revenue 2024: $15,095,416Expenses 2024: $14,464,327Net Income 2024: $631,0892024

Highlighted filing

2024

Revenue$15,095,416
Expenses$14,464,327
Net Income$631,089

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$15,095,416
Mission and Program Overview

Mission

The r street institute is a nonprofit, nonpartisan, public-policy research organization ("think tank"). Our mission is to engage in policy research and outreach to promote free markets and limited, effective government. (continued on schedule o)

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,688,593$2,735,715▲ $47,122
Accounts Receivable$2,313,958$2,335,957▲ $21,999
Savings and Temporary Cash Investments$1,333,727$2,143,745▲ $810,018
Prepaid Expenses and Deferred Charges$157,940$226,160▲ $68,220
Land, Buildings, and Equipment, Net$115,326$100,263▼ $15,063
Investments in Publicly Traded Securities-$10,879-
Total Assets$8,145,696$8,917,398▲ $771,702
Other Assets Total$1,536,152$1,364,679▼ $171,473
Liabilities
Other Liabilities$1,573,081$1,635,214▲ $62,133
Accounts Payable and Accrued Expenses$400,344$478,824▲ $78,480
Total Liabilities$1,973,425$2,114,038▲ $140,613
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,679,155$3,961,862▲ $1,282,707
Net Assets Without Donor Restrictions$3,493,116$2,841,498▼ $651,618
Total Net Assets Fund Balance$6,172,271$6,803,360▲ $631,089
Total Liabilities and Net Assets / Fund Balance$8,145,696$8,917,398▲ $771,702

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$98,495$18,240$116,735
Equipment$1,768$589$2,357
Other Assets Org$176--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elias Rothenberg-lehrerPresidentFT$338,874$35,668$374,542
Erica SchoderExecutive DirectorFT$286,525$18,485$305,010
Sabrina SchaefferVice President, Public AffairsFT$212,817$36,734$249,551
Mazen SalehSenior Director, Harm ReductionFT$205,198$32,154$237,352
Devin HartmanDirector, EnergyFT$204,981$21,083$226,064
Chad RussellVice President, OperationsFT$206,631$17,422$224,053
Jillian SniderDirector, Criminal JusticeFT$201,043$8,967$210,010

Board Members and Trustees

NameTitle
Susanna DokupilBoard Chairwoman
Elizabeth FrazeeBoard Member
John GrahamBoard Member
Katie HarbathBoard Member
Marla DeanBoard Member
Pablo CarrilloBoard Member
Stephen WeinsteinBoard Member
Ryan CaloBoard Member, (until 07/31/24)
Robert WatkinsBoard Member, (until 12/13/24)
Simone SyedBoard Member, (until 12/13/24)
Revenue and Support

Revenue Composition

Contributions and Grants
$14,967,658
Program Service Revenue
$0
Investment Income
$45,580
Other Revenue
$82,178
All Other Contributions
$14,967,658
Change in Net Assets
$631,089

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,095,416
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,095,416
Total Revenue per Form 990
$15,095,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,095,520
Other Expenses$2,083,567
Total Fundraising Expense$456,093
Grants and Similar Amounts Paid$285,240
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,313,097$653,904$336,540$9,303,541
Other Employee Benefits$856,781$93,923$33,208$983,912
Payroll Taxes$698,028$91,227$28,403$817,658
Current Officers, Directors, Trustees, and Key Employees$318,360$342,465$18,727$679,552
Fees for Services Other$604,089$60,248$4,923$669,260
Pension Plan Contributions$277,387$21,777$11,693$310,857
Conferences and Meetings$280,093$19,899$3,374$303,366
Travel$281,273$15,735$1,744$298,752
Grants to Domestic Orgs$285,240--$285,240
Occupancy$153,170$74,523$6,089$233,782
Fees for Services Accounting$42,616$20,734$1,694$65,044
Insurance$37,260$18,128$1,481$56,869
Office Expenses$28,594$10,913$1,643$41,150
Other Expenses$23,003$1,767$144$24,914
Fees for Services Legal$14,368$6,991$571$21,930
Information Technology$18,574$2,915$238$21,727
Depreciation Depletion$9,869$4,802$392$15,063
All Other Expenses$8,632$3,127$256$12,015
Advertising$2,687$95$8$2,790
Total Functional Expenses$12,510,199$1,498,035$456,093$14,464,327

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,464,327
Total Expenses per Audited Statements$14,464,327
Total Expenses per Form 990$14,464,327
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Snf Agora Institute Johns Hopkins UniversityBaltimore, MD501(c)(3)THE PURPOSE OF SUPPORTING R STREET IN ITS EFFORT TO EXPLORE THE OUTLINES OF CONSERVATIVE PRO-DEMOCRACY MOVEMENT AS PART OF R STREET'S GRANT FROM ELECTION TRUST INITATIVE WHERE IN R STREET IS THE SUB GRANTOR OF THIS GRANT.$255,240
World Resources InstituteWashington, DC501(c)(3)To Collaborate With R Street to Update a Transmission Customer Agenda, Co-organize a Convening, Setup Research and Convening Research Documents, and Assist in a Public Webinar on the Updated Consumer Transmision Agenda.$20,000
Conservative Coalition for Climate SolutionsFalls Church, VA501(c)(3)To Collaborate With R Street in a Small Group of National Conservatives to Devise Center-right Principles for Electric Transmission Policy and Assist in Developing a Co-branded Principles Document and Co-authoring Opinion Pieces.$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,635,214
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by the external auditors and reviewed by r street's avp and the board of directors prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Officers, directors and all employees are required to annually sign a conflict of interest policy statement. It is the policy of the board that the existence of any interests be disclosed before any transaction is consummated after a potential conflict of interest is disclosed, the board or a duly constituted committee thereof determines whether a conflict exists and, in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to r street. The decision of the board or a duly constituted committee thereof on these matters rests in its sole discretion, and its concern must be the welfare of r street and the advancement of its purpose.

Form 990, Part VI, Section B, Line 15A

The compensation committee sets the compensation of the president/chairman and executive director after reviewing comparability data and is documented. The last salary review for the president for fy 2023 was in december 2023, and the last review for the executive director was in august 2023.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
R Street Institute
EIN
26-3477125
Phone
2025255717
Address
1411 K STREET NW 900, WASHINGTON, DC 20005

Signing Officer

Name
Elias Rothenberg-lehrer
Title
President
Phone
2025255717
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elias Rothenberg-lehrer
Formed
2008
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
7
Employees
90
Volunteers
10

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Elizabeth W Heller
Phone
3019519090
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

We work extensively on both state and national policy, focusing on issues that other groups tend to neglect. Our specialty is tackling issues that are complex, but don't necessarily grab major headlines. These are the areas where we think we can have a real impact. We believe free markets work better than the alternatives. At the same time, we recognize the legislative process calls for practical responses to current problems. Toward that end, our motto is "free markets. Real solutions." we also differ from other groups on the political right in our dedication to building broad coalitions, working with a wide array of groups who share specific policy goals. This makes us uniquely capable of building support for pragmatic, free-market proposals that can earn bipartisan consensus.

Raw XML AppendixShowing 400 of 768 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER, (UNTIL 12/13/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER, (UNTIL 07/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER, (UNTIL 12/13/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT, PUBLIC AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT, OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14SENIOR DIRECTOR, HARM REDUCTION
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR, CRIMINAL JUSTICE
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR, ENERGY
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IRS990/MissionDesc0THE R STREET INSTITUTE IS A NONPROFIT, NONPARTISAN, PUBLIC-POLICY RESEARCH ORGANIZATION ("THINK TANK"). OUR MISSION IS TO ENGAGE IN POLICY RESEARCH AND OUTREACH TO PROMOTE FREE MARKETS AND LIMITED, EFFECTIVE GOVERNMENT. (CONTINUED ON SCHEDULE O)
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IRS990/OtherExpensesGrp/Desc0BOOKS, SUBS
IRS990/OtherExpensesGrp/Desc1PAYROLL FEES
IRS990/OtherExpensesGrp/Desc2EDUCATION & TRAINING
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP & DUES
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IRS990/PrincipalOfficerNm0ELIAS ROTHENBERG-LEHRER
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IRS990/ProgSrvcAccomActy2Grp/Desc0TECHNOLOGY & INNOVATIONR STREET'S TECHNOLOGY AND INNOVATION POLICY PROGRAM SUPPORTS AMERICAN INNOVATION AND PUSHES BACK AGAINST REGULATORY IMPEDIMENTS TO ECONOMIC PROGRESS, INDIVIDUAL LIBERTY, AND FREE SPEECH. THE TEAM'S WORK THIS YEAR INCLUDED DEFENDING AGAINST MISGUIDED ANTITRUST LAWS IN CONGRESS, THWARTING ATTACKS ON CONTENT MODERATION AND SECTION 230-FROM BOTH POLITICAL PARTIES-AS WELL AS OUTLINING THE FUTURE OF ARTIFICIAL INTELLIGENCE, BROADBAND DEPLOYMENT AND INTERNET GOVERNANCE IN THE UNITED STATES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ENERGY AND ENVIRONMENTR STREET'S ENERGY AND ENVIRONMENT TEAM SEEKS A CLEANER ENVIRONMENT THROUGH A COMBINATION OF A THRIVING ECONOMY, WELL-FOUNDED SCIENCE, AND PRINCIPLES OF MARKET COMPETITION AND LIMITED GOVERNMENT. OUR EXPERTS HAVE DEEP EXPERTISE IN CLIMATE AND ENVIRONMENTAL POLICY, AS WELL AS ELECTRICITY POLICY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01956880
IRS990/ProgSrvcAccomActy3Grp/GrantAmt030000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GOVERNANCE R STREET'S GOVERNANCE PROGRAM AIMS TO ASSESS AND IMPROVE AMERICA'S SYSTEM OF SELF-GOVERNANCE, WITH A FOCUS ON CONGRESS AND OUR ELECTORAL SYSTEM. THIS YEAR, THE GOVERNANCE TEAM'S WORK FOCUSED ON CONTINUED EFFORTS TO MODERNIZE THE LEGISLATIVE BRANCH, BROAD COALITION WORK AROUND IMPROVING OUR ELECTORAL SYSTEM AND DEFENDING ELECTION OFFICIALS AND VOTERS FROM VIOLENCE, REDUCING RAMPANT OVERSPENDING ON CAPITOL HILL, AND EDUCATING LAWMAKERS, STAFF, AND THE PUBLIC ABOUT THEIR POWERS IN CONGRESS THROUGH WRITTEN WORK, BRIEFINGS AND PODCASTS LIKE POLITICS IN QUESTION.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1CRIMINAL JUSTICE & CIVIL LIBERTIESR STREET'S CRIMINAL JUSTICE AND CIVIL LIBERTIES POLICY PROGRAM WORKS ACROSS THE IDEOLOGICAL SPECTRUM OF PUBLIC POLICY, IMPACTING ALMOST EVERY STAGE OF THE CRIMINAL JUSTICE SYSTEM: INCARCERATION, JUVENILE JUSTICE, POLICING, PRETRIAL, BAIL REFORM, REENTRY, AND SENTENCING. OUR REFORMS ARE GROUNDED IN ENSURING PUBLIC SAFETY, DUE PROCESS, FISCAL RESPONSIBILITY, AND INDIVIDUAL LIBERTY.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2FINANCE, INSURANCE AND TRADE R STREET'S INSURANCE POLICY PROGRAM EXPLORES EFFICIENT AND EFFECTIVE MARKET-BASED APPROACHES TO PUBLIC POLICY QUESTIONS THAT INVOLVE THE TRANSFER OF RISK. AMONG ITS PRIORITIES ARE RISK-BASED INSURANCE REGULATION, ENDING ENVIRONMENTALLY DESTRUCTIVE TAXPAYER SUBSIDIES THROUGH THE NATIONAL FLOOD INSURANCE PROGRAM AND THE FEDERAL CROP INSURANCE CORP. AND EXPLORING THE BENEFITS OF MITIGATION THROUGH PROGRAMS LIKE THE RESTORE ACT AND THE COASTAL BARRIER RESOURCES SYSTEM.
IRS990/ProgSrvcAccomActyOtherGrp/Desc3CYBERSECURITY & EMERGING THREATSR STREET'S CYBERSECURITY AND EMERGING THREATS TEAM WORKS ON DATA SECURITY AND DATA PRIVACY AT THE FEDERAL AND STATE LEVELS, EMERGING CYBER AND NATIONAL SECURITY THREATS, CYBER IMPACTS ON THE PRIVATE SECTOR, AND WORKFORCE DIVERSITY IN CYBERSECURITY, AMONG OTHER PRESSING PUBLIC POLICY CONCERNS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc4COMPETITION POLICYR STREET'S COMPETITION POLICY PROGRAM ADDRESSES GOVERNMENT BARRIERS THAT HURT BUSINESSES AND PEOPLE. WE SUPPORT MARKET-ORIENTED POLICY SOLUTIONS THAT ENHANCE FREE ENTERPRISE, CONSUMER CHOICE, AND PUBLIC WELL-BEING. THE TEAM FOCUSES PRIMARILY ON OCCUPATIONAL LICENSING, ALCOHOL POLICY, HEALTH CARE DISINTERMEDIATION, TELEHEALTH POLICY, ANTI-POVERTY PROGRAMMING, AND REGULATORY REFORM.
IRS990/ProgSrvcAccomActyOtherGrp/Desc5LOBBYING
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