Nonprofit · EIN 94-2528433
PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY
Tax-exempt · PASADENA, CA 91101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,623,024 | $5,768,759 | $1,854,265 | $31,970,684 | $397,856 | $31,572,828 |
| December 31, 2023 | 990 | $12,035,182 | $5,388,258 | $6,646,924 | $30,144,966 | $300,355 | $29,844,611 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,730,834
- Program service revenue
- $0
- Investment income
- $1,660,070
- Net gain from sales of assets
- $568,407
- Net income from fundraising events
- $232,120
- Tax-exempt bond proceeds
- $973
- Other revenue
- $232,120
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,380,323
- Other salaries and wages
- $307,994
- Salaries, compensation and benefits (total)
- $1,864,747
- Professional fundraising fees
- $0
- Legal fees
- $30,000
- Accounting fees
- $201,598
- Occupancy
- $102,954
- Travel
- $85,618
- Program services (functional)
- $3,706,320
- Management and general (functional)
- $786,990
- Fundraising (functional)
- $1,275,449
Balance sheet and other
- Total assets, start of year
- $30,144,966
- Total assets, end of year
- $31,970,684
- Total liabilities, end of year
- $397,856
- Net assets, end of year
- $31,572,828
- Publicly traded securities
- $16,047,785
- Net assets without donor restrictions
- $26,412,356
- Net assets with donor restrictions
- $5,160,472
- Gross receipts
- $7,623,024
- Employees
- 8
- Volunteers
- 0
- Year formed
- 1978
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sally C Pipes | President and CEO Trustee or director, Officer | 40 | $522,499 | $13,892 |
| Rowena Itchon | Chief Operating Officer Officer | 40 | $365,000 | $30,500 |
| Benjamin Smithwick | VP Development Highest-paid employee | 40 | $231,000 | $15,000 |
| Lance Izumi | Senior Director Center for Education Highest-paid employee | 40 | $181,913 | $0 |
| Timothy Anaya | VP Marketing Highest-paid employee | 40 | $175,000 | $6,000 |
| Michael T Psomas | Director Trustee or director | 1 | $50,337 | $0 |
| Steven Dennis MD | Director Trustee or director | 1 | $0 | $0 |
| Peter C Farrell | Director Trustee or director | 1 | $0 | $0 |
| Russell A Johnson | Director Trustee or director | 1 | $0 | $0 |
| Clark Judge | Director, Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Daniel M Kolkey | Director Trustee or director | 1 | $0 | $0 |
| Sean McAvoy | Director, Secretary, Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Daniel Oliver | Director Trustee or director | 1 | $0 | $0 |
| Richard Samuelson | Director Trustee or director | 1 | $0 | $0 |
| Lawrence J Siskind | Director Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Tosetti | Director Trustee or director | 1 | $0 |
| Richard Wallace | Director Trustee or director | 1 | $0 |
| Chris Wright | Director Trustee or director | 1 | $0 |
| Christine Zanello | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SALLY C PIPES | PRESIDENT & CEO Trustee or director, Officer | 40 | $473,000 | $14,934 |
| ROWENA ITCHON | CHIEF OPERATING OFFICER Officer | 40 | $321,950 | $13,553 |
| BENJAMIN SMITHWICK | VICE PRESIDENT, DEVELOPMEN Highest-paid employee | 40 | $219,000 | $5,971 |
| LANCE T IZUMI | SENIOR DIRECTOR, CENTER FO Highest-paid employee | 40 | $173,250 | $0 |
| TIMOTHY R ANAYA | VICE PRESIDENT, MARKETING Highest-paid employee | 40 | $163,500 | $7,495 |
| PETER C FARRELL PHD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CLARK S JUDGE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL M KOLKEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL OLIVER | CHAIRMAN EMERITUS Trustee or director | 1 | $0 | $0 |
| RICHARD A WALLACE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER WRIGHT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RUSSELL A JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SEAN M MCAVOY | BOARD SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| STEVEN DENNIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAWRENCE J SISKIND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD SAMUELSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL TOSETTI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTINE ZANELLO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 680 E COLORADO BLVD STE 180, PASADENA, CA 91101-6144
- Principal officer (990 for 2024)
- Sara C Pipes, PO Box 60485, Pasadena, CA 91116
- Signed the 990
- Sara C Pipes, President & CEO
- Phone
- (415) 680-8215
- Return prepared by
- Michael T Psomas CPA PC
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2528433 or by the name PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PRI CHAMPIONS FREEDOM, OPPORTUNITY, AND PERSONAL RESPONSIBILITY BY ADVANCING FREE-MARKET SOLUTIONS. THE INSTITUTE PROVIDES PRACTICAL SOLUTIONS FOR THE POLICY ISSUES THAT IMPACT THE DAILY LIVES OF ALL AMERICANS AND DEMONSTRATES WHY THE FREE MARKET IS MORE EFFECTIVE THAN GOVERNMENT AT PROVIDING THE IMPORTANT RESULTS WE ALL SEEK: GOOD SCHOOLS, QUALITY HEALTH CARE, A CLEAN ENVIRONMENT, AND A ROBUST ECONOMY.
Program accomplishments
- THE CENTER FOR HEALTH CARE EXAMINES PUBLIC POLICIES THAT AFFECT AMERICAS HEALTH CARE SYSTEM, EXPLAINS HOW THESE POLICIES LIMIT ACCESS TO AFFORDABLE, HIGH QUALITY HEALTH CARE, AND PRESCRIBES REFORMS THAT RELY ON MARKET-BASED SOLUTIONS.Expenses $1,402,495
- THE CENTER FOR CALIFORNIA REFORM SEEKS TO REINVIGORATE CALIFORNIAS ENTREPRENEURIAL, SELF-RELIANT TRADITIONSExpenses $600,148
- THE CENTER FOR EDUCATION WORKS TO RESTORE TO ALL PARENTS THE BASIC RIGHT TO CHOOSE THE BEST EDUCATIONAL OPPORTUNITIES FOR THEIR CHILDREN THROUGH RESEARCH AND GRASSROOTS OUTREACH, THE INSTITUTES SCHOLARS ADVANCE PARENTAL CHOICE IN EDUCATION, HIGH ACADEMIC STANDARDS, CHARTER SCHOOLS, TEACHER QUALITY AND SCHOOL FINANCE REFORMExpenses $718,451
- OTHER PROGRAM SERVICESExpenses $985,226
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2528433
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $31,970,684
- Income (IRS master file)
- $7,623,024
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,623,024 | $5,768,759 | $31,970,684 | IRS |
| 990 | December 2023 | $12,035,182 | $5,388,258 | $30,144,966 | XML |
| 990 | December 2022 | $7,129,654 | $5,087,591 | $22,695,074 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-2528433).
Questions about PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY
- What is the EIN of PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY?
- The employer identification number (EIN) of PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY is 94-2528433.
- Is PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY?
- The 990 for the year ended December 31, 2024 names Sara C Pipes.
- Who are the officers and directors of PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY?
- The 990 for the year ended December 31, 2024 lists 19 people; 6 received compensation from the organization, the highest $522,499 (Sally C Pipes, President and CEO).
- How much revenue does PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,623,024, expenses of $5,768,759 and total assets of $31,970,684 at year end.
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All nonprofits in PASADENA · California · Philanthropy, voluntarism and grantmaking foundations