Civic Intelligence

Sutherland Institute

EIN 87-0531727 • 501(c)3 • Salt Lake City, UT

Profile

A conservative public policy think tank, sutherland institute is pursuing the path to "a new birth of freedom' for america through a free market economy, civil society, and community-driven solutions.

420 East South Temple Ste 510Salt Lake City, UT 84111

sutherlandinstitute.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.26x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.13x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

26th percentile

-6.5%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

8th percentile

-21%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,000,783

Down $272,523 (-21%) from 2023

Liabilities

Down

$265,013

Down $136,622 (-34%) from 2023

Net Assets

Down

$735,770

Down $135,901 (-16%) from 2023

Revenue

Up

$2,083,527

Up $243,728 (+13%) from 2023

Expenses

Up

$2,219,428

Up $46,386 (+2.1%) from 2023

Net Income

Up

-$135,901

Up $197,342 (+59%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $375,565Liabilities 2011: $29,017Net Assets 2011: $346,5482011Assets 2012: $204,744Liabilities 2012: $59,870Net Assets 2012: $144,8742012Assets 2013: $220,180Liabilities 2013: $65,649Net Assets 2013: $154,5312013Assets 2014: $239,280Liabilities 2014: $389,849Net Assets 2014: -$150,5692014Assets 2015: $1,108,278Liabilities 2015: $270,870Net Assets 2015: $837,4082015Assets 2016: $92,067Liabilities 2016: $103,376Net Assets 2016: -$11,3092016Assets 2017: $83,693Liabilities 2017: $91,579Net Assets 2017: -$7,8862017Assets 2018: $111,548Liabilities 2018: $156,949Net Assets 2018: -$45,4012018Assets 2019: $1,318,881Liabilities 2019: $134,607Net Assets 2019: $1,184,2742019Assets 2020: $442,489Liabilities 2020: $150,949Net Assets 2020: $291,5402020Assets 2021: $497,702Liabilities 2021: $219,904Net Assets 2021: $277,7982021Assets 2022: $1,660,376Liabilities 2022: $499,417Net Assets 2022: $1,160,9592022Assets 2023: $1,273,306Liabilities 2023: $401,635Net Assets 2023: $871,6712023Assets 2024: $1,000,783Liabilities 2024: $265,013Net Assets 2024: $735,7702024

Highlighted filing

2024

Assets$1,000,783
Liabilities$265,013
Net Assets$735,770

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,453,952Expenses 2011: $1,321,873Net Income 2011: $132,0792011Expenses 2012: $1,511,3792012Expenses 2013: $1,414,3532013Revenue 2014: $2,027,205Expenses 2014: $2,332,305Net Income 2014: -$305,1002014Revenue 2015: $3,102,581Expenses 2015: $2,114,604Net Income 2015: $987,9772015Revenue 2016: $3,682,989Expenses 2016: $4,531,706Net Income 2016: -$848,7172016Revenue 2017: $2,008,043Expenses 2017: $2,004,620Net Income 2017: $3,4232017Revenue 2018: $1,907,479Expenses 2018: $1,965,061Net Income 2018: -$57,5822018Revenue 2019: $2,810,346Expenses 2019: $1,580,671Net Income 2019: $1,229,6752019Revenue 2020: $593,546Expenses 2020: $1,486,280Net Income 2020: -$892,7342020Revenue 2021: $1,430,169Expenses 2021: $1,443,911Net Income 2021: -$13,7422021Revenue 2022: $2,167,736Expenses 2022: $1,444,756Net Income 2022: $722,9802022Revenue 2023: $1,839,799Expenses 2023: $2,173,042Net Income 2023: -$333,2432023Revenue 2024: $2,083,527Expenses 2024: $2,219,428Net Income 2024: -$135,9012024

Highlighted filing

2024

Revenue$2,083,527
Expenses$2,219,428
Net Income-$135,901

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.00$0.27$0.74$2.08$2.22$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.27$0.40$0.87$1.84$2.17$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.66$0.50$1.16$2.17$1.44$0.72
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.22$0.28$1.43$1.44$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.15$0.29$0.59$1.49$0.89
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.13$1.18$2.81$1.58$1.23
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.16$0.05$1.91$1.97$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.09$0.01$2.01$2.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.09$0.10$0.01$3.68$4.53$0.85
2015Detailed filing. Detailed filing data is available for this year.$1.11$0.27$0.84$3.10$2.11$0.99
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.39$0.15$2.03$2.33$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.07$0.15$1.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.06$0.14$1.51
2011Summary only. Only limited summary data is available for this year.$0.38$0.03$0.35$1.45$1.32$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$2,093,511
Mission and Program Overview

Mission

As a conservative public policy think tank, the organization's mission is to shape utah law and policy based on a core set of governing principles. We strive to make utah an example of good government for the rest of the nation and a great place to live, work and raise a family.

A conservative public policy think tank, sutherland institute is pursuing the path to "a new birth of freedom" for america through a free market economy, civil society, and community-driven solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$703,306$363,106▼ $340,200
Pledges and Grants Receivable$2,500$307,500▲ $305,000
Land, Buildings, and Equipment, Net$55,069$37,257▼ $17,812
Prepaid Expenses and Deferred Charges$21,024$13,734▼ $7,290
Cash and Non-Interest-Bearing Accounts$196,570$427▼ $196,143
Accounts Receivable$402$328▼ $74
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$1,273,306$1,000,783▼ $272,523
Other Assets Total$294,435$278,431▼ $16,004
Liabilities
Other Liabilities$299,783$234,720▼ $65,063
Accounts Payable and Accrued Expenses$101,852$30,293▼ $71,559
Total Liabilities$401,635$265,013▼ $136,622
Net Assets / Fund Balance
Net Assets With Donor Restrictions$823,000$371,750▼ $451,250
Net Assets Without Donor Restrictions$48,671$364,020▲ $315,349
Total Net Assets Fund Balance$871,671$735,770▼ $135,901
Total Liabilities and Net Assets / Fund Balance$1,273,306$1,000,783▼ $272,523

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,257$136,787$174,044
Other Assets Org$221,065--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rick Larsenpresident & CEOFT$247,047$29,007$276,054
Peter Reichardchief development officerFT$223,202$19,405$242,607
Derek Monsonchief growth officerFT$197,057$28,850$225,907
Nic DunnVP Strategy & Senior FellowFT$157,722$19,687$177,409
Stan RasmussenVP Government AffairsFT$123,109$19,006$142,115

Board Members and Trustees

NameTitle
Brad Harrboard member
Brent Andrewsenboard member
Brent McKinleyboard member
Greg Millerboard member
Howard Headleeboard member
John Sperryboard member
Rachel Broughboard member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,065,089
Program Service Revenue
$0
Investment Income
$19,896
Other Revenue
$-1,458
All Other Contributions
$2,065,089
Change in Net Assets
$-135,901

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,083,527
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,984
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,093,511
Total Revenue per Form 990
$2,083,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,821,580
Total Fundraising Expense$506,542
Other Expenses$397,848
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$713,842$183,991$304,976$1,202,809
Current Officers, Directors, Trustees, and Key Employees$163,833$42,226$69,995$276,054
Other Employee Benefits$113,421$29,234$48,457$191,112
Fees for Services Other$105,720$9,782$17,674$133,176
Payroll Taxes$74,652$19,241$31,893$125,786
Occupancy$57,585$11,517$7,678$76,780
Advertising$49,863$126$84$50,073
Fees for Services Accounting$21,027$4,018$2,680$27,725
Pension Plan Contributions$15,323$3,950$6,546$25,819
Travel$20,779$2,452$2,366$25,597
Information Technology$17,854$1,212$2,571$21,637
Other Expenses$14,000-$7,568$21,568
Depreciation Depletion$13,360$2,672$1,781$17,813
Fees for Services Lobbying$15,000$0$0$15,000
Office Expenses$2,764$471$1,232$4,467
Insurance$1,322$315$851$2,488
Fees for Services Legal$1,024$196$130$1,350
Interest$92$22$60$174
Total Functional Expenses$1,401,461$311,425$506,542$2,219,428

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,229,412
Expenses per Audited Statements$2,219,428
Total Expenses per Form 990$2,219,428
Expenses Not Reported on Form 990$9,984
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,984
Fundraising Gross Income$8,526
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$234,720
Lease Liability-
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, Line 11B Review of form 990 by governing body

The president and chairman of sutherland institute review the form 990 before it is filed.

Form 990, Part VI, Line 12C Conflict of interest policy

A conflict of interest policy is reviewed and signed by each member of the board of trustees on a yearly basis.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The board of trustees determines the compensation of the president; the president, in counsel with the trustees, determines the compensation of the staff. President and staff salaries are reviewed regularly against third-party benchmark data.

Form 990, Part VI, Line 19 Required documents available to the public

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Sutherland Institute
EIN
87-0531727
Phone
8013551272
Address
420 EAST SOUTH TEMPLE STE 510, SALT LAKE CITY, UT 84111

Signing Officer

Name
Rick Larsen
Title
President & CEO
Phone
8013551272
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
12
Volunteers
8

Preparer

Firm
Larson & Company PC
Address
11240 S River Heights Dr Ste 300, South Jordan, UT 84095-5123
Preparer
Richard Scoresby
Phone
8013131900
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Institute accounts for uncertain tax positions, if any, when it is more-likely-than-not the position will not be sustained upon examination by tax authorities. As of December 31, 2024, and 2023, the Institute had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Institute is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Fundraising Expenses - 9984

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Fundraising Expenses - 9984

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IRS990/Form990PartVIISectionAGrp/PersonNm0Brad Harr
IRS990/Form990PartVIISectionAGrp/PersonNm1Brent Andrewsen
IRS990/Form990PartVIISectionAGrp/PersonNm2Brent McKinley
IRS990/Form990PartVIISectionAGrp/PersonNm3Greg Miller
IRS990/Form990PartVIISectionAGrp/PersonNm4Howard Headlee
IRS990/Form990PartVIISectionAGrp/PersonNm5John Sperry
IRS990/Form990PartVIISectionAGrp/PersonNm6Rachel Brough
IRS990/Form990PartVIISectionAGrp/PersonNm7Rick Larsen
IRS990/Form990PartVIISectionAGrp/PersonNm8Derek Monson
IRS990/Form990PartVIISectionAGrp/PersonNm9Nic Dunn
IRS990/Form990PartVIISectionAGrp/PersonNm10Peter Reichard
IRS990/Form990PartVIISectionAGrp/PersonNm11Stan Rasmussen
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IRS990/Form990PartVIISectionAGrp/TitleTxt7president & ceo
IRS990/Form990PartVIISectionAGrp/TitleTxt8chief growth officer
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP Strategy & Senior Fellow
IRS990/Form990PartVIISectionAGrp/TitleTxt10chief development officer
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP Government Affairs
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IRS990/InformationTechnologyGrp/TotalAmt021637
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IRS990/MissionDesc0A CONSERVATIVE PUBLIC POLICY THINK TANK, SUTHERLAND INSTITUTE IS PURSUING THE PATH TO "A NEW BIRTH OF FREEDOM" FOR AMERICA THROUGH A FREE MARKET ECONOMY, CIVIL SOCIETY, AND COMMUNITY-DRIVEN SOLUTIONS.
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0113421
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IRS990/OtherExpensesGrp/Desc0Events & Receptions
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IRS990/OtherLiabilitiesGrp/EOYAmt0234720
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IRS990/PensionPlanContributionsGrp/FundraisingAmt06546
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Rick Larsen
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IRS990/ProgSrvcAccomActy2Grp/Desc0Research: As a think tank, policy research on complex issues is core to the operations of the Institute. This includes active studies of current and historical academic research, proposed legislation in Utah - the region - and nationally. Collaboration with other think tanks, issues-oriented organizations and educational institutions, is part of the process as well. The Institute monitors social and legislative efforts that threaten to limit free market function, religious liberty, and the prioritization of families. Potential limitations are often embedded in seemingly unrelated or nebulous legislation, which necessitates a careful and ongoing watch of priority areas.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Lobbying: The Institute maintains government affairs staff who are registered lobbyists. The Institute reports its lobbying activities to the IRS using the expenditures test under a Section 501(h) election. Qualified and designated staff attend legislative sessions, interim sessions, and special sessions at Capitol Hill in Utah, and, at times, in Washington DC. Lobbyists are available to testify on the floor and before committees and sub-committees, meet with legislators, and determine areas of need with respect to the history and implications of pending legislation. Communications are shared on a nonpartisan basis through printed publications, fliers and emails. The Institute can provide policy research at a depth and scope that is difficult to obtain otherwise for members of a part-time legislature.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION - FUNDRAISING EVENTS, COLUMN A - 4382.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 254500.0, COLUMN E - 8526.0, COLUMN F - 267408.0;
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10 Other Income
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