Civic Intelligence

Cicero Research

EIN 86-1325445 • 501(c)3 • Austin, TX

Profile

Cicero research is a nonprofit, nonpartisan 501(c)(3) organization that operates, along with its related and independent 501(c)(4) organization cicero action, as the cicero institute. Cicero research's mission is to educate the public and support activities that embrace the principles of a free society and highlight the principles of liberty, accountability, and transparency to fix broken public systems and lift up millions of americans.

2112 Rio Grande StreetAustin, TX 78705

ciceroinstitute.org

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

7th percentile

0.01x

Higher debt load relative to revenue than 7% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

91st percentile

54%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$430,413

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

94th percentile

46%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

118%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$26,998,787

Up $8,476,852 (+46%) from 2023

Liabilities

Up

$78,707

Up $38,737 (+97%) from 2023

Net Assets

Up

$26,920,080

Up $8,438,115 (+46%) from 2023

Revenue

Up

$13,310,263

Up $7,211,516 (+118%) from 2023

Expenses

Up

$6,083,280

Up $2,532,913 (+71%) from 2023

Net Income

Up

$7,226,983

Up $4,678,603 (+184%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $9,719,742Liabilities 2021: $8,387Net Assets 2021: $9,711,3552021Assets 2022: $14,205,432Liabilities 2022: $2,960Net Assets 2022: $14,202,4722022Assets 2023: $18,521,935Liabilities 2023: $39,970Net Assets 2023: $18,481,9652023Assets 2024: $26,998,787Liabilities 2024: $78,707Net Assets 2024: $26,920,0802024

Highlighted filing

2024

Assets$26,998,787
Liabilities$78,707
Net Assets$26,920,080

Operations Trend

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

$15M$10M$5.0M$0Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $13,029,248Expenses 2021: $3,317,893Net Income 2021: $9,711,3552021Revenue 2022: $14,849,489Expenses 2022: $9,711,324Net Income 2022: $5,138,1652022Revenue 2023: $6,098,747Expenses 2023: $3,550,367Net Income 2023: $2,548,3802023Revenue 2024: $13,310,263Expenses 2024: $6,083,280Net Income 2024: $7,226,9832024

Highlighted filing

2024

Revenue$13,310,263
Expenses$6,083,280
Net Income$7,226,983

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Dec 2, 2025
Return Version
2024v5.2
Gross Receipts
$13,310,263
Mission and Program Overview

Mission

The cicero institute applies the innovative energy of america's leading technologists and entrepreneurs to broken systems in the public sector to advance liberty and opportunity for all americans. Our leadership and network consist of some of today's most successful entrepreneurs, investors, and builders.our culture celebrates ideas, innovation, and results. We seek to create a competition of ideas that mirrors the free parts of the american private sector, spurring entrepreneurship, innovation, and results in places where they don't currently exist.

Cicero research is a nonprofit, nonpartisan 501(c)(3) organization that operates, along with its related and independent 501(c)(4) organization cicero action, as the cicero institute. Cicero research's mission is to educate the public and support activities that embrace the principles of a free society and highlight the principles of liberty, accountability, and transparency to fix broken public systems and lift up millions of americans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$11,606,232$14,894,849▲ $3,288,617
Savings and Temporary Cash Investments-$10,099,558-
Prepaid Expenses and Deferred Charges$856,035$1,171,502▲ $315,467
Cash and Non-Interest-Bearing Accounts$6,040,884$809,145▼ $5,231,739
Land, Buildings, and Equipment, Net$15,684$7,129▼ $8,555
Pledges and Grants Receivable$100$0▼ $100
Total Assets$18,521,935$26,998,787▲ $8,476,852
Other Assets Total$3,000$16,604▲ $13,604
Liabilities
Accounts Payable and Accrued Expenses$39,970$78,707▲ $38,737
Total Liabilities$39,970$78,707▲ $38,737
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,866,135$26,920,080▲ $9,053,945
Net Assets With Donor Restrictions$615,830$0▼ $615,830
Total Net Assets Fund Balance$18,481,965$26,920,080▲ $8,438,115
Total Liabilities and Net Assets / Fund Balance$18,521,935$26,998,787▲ $8,476,852

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,129$27,090$34,219
Other Securities$10,579,329--
Closely Held Equity Interests$4,315,520--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen GarrisonChief Executive OfficerFT$195,000$234,611$429,611
Jonathan WolfsonPolicy DirectorFT$246,800$45,631$292,431
Adam MeierSenior FellowFT$240,000$50,591$290,591
Chris JonesSenior FellowFT$225,000$34,589$259,589
Michael BrickmanPolicy DirectorFT$210,000$34,198$244,198
Stefani BuhajlaCommunications DirectorFT$157,000$39,024$196,024
Ryan VassarSecretary & General CounselPT$100,246$54,526$154,772
Bryan SunderlandExecutive DirectorPT$68,735$10,193$78,928

Board Members and Trustees

NameTitle
Joseph LonsdaleChairman
Aaron WebmanDirector
Blake BrickmanDirector
Clay SpenceDirector
Tayler LonsdaleDirector
Tyson HendricksenDirector
Whitney MunroTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dialog Concepts LLCWebsite And Hosting Services2705 DOUGHERTY FERRY ROAD, St Louis, MO 63021$160,610
Presidents Lane ConsultingConsulting11 THOMAS BURGIN PKWY, Quincy, MA 02169$109,270
Revenue and Support

Revenue Composition

Contributions and Grants
$12,717,805
Program Service Revenue
$0
Investment Income
$592,458
Other Revenue
$0
All Other Contributions
$12,717,805
Change in Net Assets
$7,226,983

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Secur Prtnrshp Trust Intrsts2$2,220,608Net Asset Value
Total Noncash Contributions2$2,220,608-

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,310,263
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,451,228
Total Revenue per Audited Statements
$14,761,491
Total Revenue per Form 990
$13,310,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,116,220
Other Expenses$2,937,060
Grants and Similar Amounts Paid$30,000
Total Fundraising Expense$18,300
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,120,012$318,764$14,134$2,452,910
Fees for Services Other$457,493$487,657-$945,150
Current Officers, Directors, Trustees, and Key Employees$573,289$86,199$3,822$663,310
Travel$329,573$128,493-$458,066
Occupancy$169,385$50,815-$220,200
Advertising$31,612$141,229-$172,841
Office Expenses$47,565$93,884$249$141,698
Fees for Services Accounting$24,358$25,963-$50,321
Grants to Domestic Orgs$30,000--$30,000
Conferences and Meetings$14,093$5,494-$19,587
Fees for Services Legal$4,892$5,214-$10,106
Other Expenses$990$7,557$53$8,600
Depreciation Depletion-$8,555-$8,555
Insurance$777$5,918$42$6,737
Total Functional Expenses$4,284,638$1,780,342$18,300$6,083,280

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,323,376
Expenses per Audited Statements$6,083,280
Total Expenses per Form 990$6,083,280
Expenses Not Reported on Form 990$240,096
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
State Policy NetworkArlington, VA501(c)(3)General Purpose$30,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 A, Line 2

Joseph and tayler lonsdale have a family relationship, joseph lonsdale and blake brickman have a business relationship.

Form 990, Part VI, Section A, Line 6

Joseph lonsdale is the sole member of the corporation.

Form 990, Part VI, Section A, Line 7A

The member has the right to elect the board of directors of the corporation in concordance with the bylaws of the corporation and exercise such other rights of the member as may be set forth in the bylaws of the corporation.

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

The tax return is first reviewed by the audit committee with our external cpa firm. The return is then distributed to the organization's board of directors before being filed with the irs.

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

Board members are required to review and sign conflict of interest statements on an annual basis. The organization considers if there is a conflict. If there is that individual is recused and the organization revisits the policy during our review of the annual governance checklist. A. Duty to disclose - in connection with any actual or possible conflicts of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. B. Recusal of self - any director may recuse himself or herself at any time from involvement in any decision or discussion in which the director believes he or she may have a conflict of interest, without going through the process for determining whether a conflict of interest exists. C. Determining whether a conflict of interest exists - after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she will leave the governing board or committee meeting while the determination of the conflict of interest is discussed and voted upon. The remaining board or committee members will decide if a conflict of interest exists. D. Procedures for addressing the conflict of interest 1. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she must leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. 2. The chairperson of the governing board or committee will, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. 3. After exercising due diligence, the governing board or committee will determine whether cicero research can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. 4. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee will determine by a majority vote of the disinterested directors whether the transaction or arrangement is in cicero research's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.

Form 990, Part VI, Section B, Line 15

The organization's board of directors has adopted a compensation policy and evaluates compensation decisions under the policy.

Form 990, Part VI, Section C, Line 19

The organization does not make the documents available to the public.

Filing and Contact Details

Filer

Filer Name
Cicero Research
EIN
86-1325445
Phone
5128152028
Address
2112 RIO GRANDE STREET, AUSTIN, TX 78705
Doing Business As
Cicero Institute

Signing Officer

Name
Whitney Munro
Title
Treasurer
Phone
5128152028
Signed
2025-12-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Whitney Munro
Formed
2020
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Maxwell Locke & Ritter Llp
Address
401 CONGRESS AVENUE SUITE 2000, AUSTIN, TX 78701-9682
Preparer
Shannon Peterson
Phone
5123703200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract services: program service expenses 457,493. Management and general expenses 487,657. Fundraising expenses 0. Total expenses 945,150.

FORM 990, PART XII, LINE 2C:

The board of directors oversee the corporation's annual financial audit to include appointing the independent auditor and reviewing its performance.

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