Skip to content
ProPublica Donate
ProPublica Donate

Ludwig Von Mises Institute For Austrian Economics Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Provided first-class or charter travel
Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Summary charts: organization finances over time

Revenue
$11.5M (2022)

Expenses
$6.26M (2022)

Total Assets
$50.5M (2022)

Total Liabilities
$419k (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,477,273
Expenses
$6,263,299
Net Income
$5,213,974
Net Assets
$50,118,960
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,810,648
94.2%
Program Services $222,493
1.9%
Investment Income $409,188
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $12,299
0.1%
Net Fundraising $0
Sales of Assets -$190,561
Net Inventory Sales $177,721
1.5%
Other Revenue $35,485
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $500,375
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,863,693
29.8%
Assets/Debt
Total Assets $50,537,947
Total Liabilities $418,987
Net Assets $50,118,960
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $239,413 $0 $13,435
Jeffrey E Deist (President) $230,000 $0 $17,526
Judith Thommesen (Employee) $117,090 $0 $0
Kristal Holmes (Employee) $109,910 $0 $0
Ryan Mcmaken (Employee) $108,592 $0 $0
Wesley Downs (Employee) $107,232 $0 $0
Michael Parish (Employee) $103,880 $0 $0
Patricia O Barnett (Vice President) $0 $0 $0
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,440,639
Expenses
$5,057,541
Net Income
$3,383,098
Net Assets
$45,187,023
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,114,069
84.3%
Program Services $181,610
2.2%
Investment Income $87,676
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$2,928
Net Fundraising $0
Sales of Assets $424,895
5.0%
Net Inventory Sales $252,118
3.0%
Other Revenue $383,199
4.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $524,207
10.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,614,690
31.9%
Assets/Debt
Total Assets $45,587,383
Total Liabilities $400,360
Net Assets $45,187,023
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $239,800 $0 $9,740
Jeffrey E Deist (President) $222,244 $0 $27,424
Patricia O Barnett (Vice President) $25,000 $0 $0
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,470,852
Expenses
$5,008,583
Net Income
$10,462,269
Net Assets
$42,027,166
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,842,671
95.9%
Program Services $106,674
0.7%
Investment Income $195,304
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$27,161
Net Fundraising $0
Sales of Assets $96,276
0.6%
Net Inventory Sales $226,337
1.5%
Other Revenue $30,751
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $590,106
11.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,428,878
28.5%
Assets/Debt
Total Assets $42,553,839
Total Liabilities $526,673
Net Assets $42,027,166
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $244,698 $0 $11,815
Jeffrey E Deist (President) $184,487 $0 $22,056
Patricia O Barnett (Vice President) $100,000 $0 $27,050
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Hunter Lewis (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,250,383
Expenses
$4,227,370
Net Income
$6,023,013
Net Assets
$28,912,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,534,675
93.0%
Program Services $103,038
1.0%
Investment Income $624,423
6.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $12,769
0.1%
Net Fundraising $0
Sales of Assets -$299,686
Net Inventory Sales $214,543
2.1%
Other Revenue $60,621
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $584,289
13.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,272,042
30.1%
Assets/Debt
Total Assets $29,369,255
Total Liabilities $456,354
Net Assets $28,912,901
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $281,274 $0 $33,891
Jeffrey E Deist (President) $159,200 $0 $12,000
Patricia O Barnett (Vice President) $92,300 $0 $5,625
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Hunter Lewis (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,711,732
Expenses
$3,868,540
Net Income
$843,192
Net Assets
$21,022,435
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,030,050
85.5%
Program Services $87,296
1.9%
Investment Income $348,894
7.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $20,508
0.4%
Net Fundraising $0
Sales of Assets -$5,999
Net Inventory Sales $200,014
4.2%
Other Revenue $30,969
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $518,473
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,214,652
31.4%
Assets/Debt
Total Assets $21,394,844
Total Liabilities $372,409
Net Assets $21,022,435
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $222,840 $0 $7,964
Jeffrey E Deist (President) $170,725 $0 $17,015
Patricia O Barnett (Vice President) $97,450 $0 $2,479
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Hunter Lewis (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0
Gary Schlarbaum (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,200,056
Expenses
$4,165,289
Net Income
$34,767
Net Assets
$21,181,483
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,574,979
85.1%
Program Services $167,602
4.0%
Investment Income $188,158
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,484
0.4%
Net Fundraising $0
Sales of Assets $17,216
0.4%
Net Inventory Sales $201,237
4.8%
Other Revenue $32,380
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $522,038
12.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,158,646
27.8%
Assets/Debt
Total Assets $21,528,612
Total Liabilities $347,129
Net Assets $21,181,483
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $198,783 $0 $7,136
Jeffrey E Deist (President) $170,550 $0 $15,753
Patricia O Barnett (Vice President) $97,450 $0 $4,064
Mardelle Rockwell (Secretary/Treasurer) $24,594 $0 $3,708
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Hunter Lewis (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0
Gary Schlarbaum (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,795,104
Expenses
$3,695,926
Net Income
$99,178
Net Assets
$20,076,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,137,951
82.7%
Program Services $143,932
3.8%
Investment Income $172,259
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $15,523
0.4%
Net Fundraising $0
Sales of Assets $15,299
0.4%
Net Inventory Sales $277,480
7.3%
Other Revenue $32,660
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $620,971
16.8%
Professional Fundraising Fees $0
Other Salaries and Wages $994,740
26.9%
Assets/Debt
Total Assets $20,362,278
Total Liabilities $285,888
Net Assets $20,076,390
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $222,450 $0 $3,908
Jeffrey E Deist (President) $170,250 $0 $14,359
Patricia O Barnett (Director/Vice President) $97,450 $0 $4,627
Mardelle O Rockwell (Secretary/Treasurer) $24,594 $0 $0
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Hunter Lewis (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0
Gary Schlarbaum (Director) $0 $0 $0
Todd Lewis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,858,113
Expenses
$3,600,352
Net Income
$257,761
Net Assets
$19,106,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,232,426
83.8%
Program Services $139,535
3.6%
Investment Income $193,134
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $21,097
0.5%
Net Fundraising $0
Sales of Assets $669
0.0%
Net Inventory Sales $241,158
6.3%
Other Revenue $30,094
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $488,614
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,165,741
32.4%
Assets/Debt
Total Assets $19,404,269
Total Liabilities $297,764
Net Assets $19,106,505
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $197,683 $0 $0
Jeffrey E Deist (President) $168,896 $0 $0
Patricia O Barnett (Director/Vice President) $97,418 $0 $0
Mardelle O Rockwell (Secretary/Treasurer) $24,617 $0 $0
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Hunter Lewis (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0
Gary Schlarbaum (Director) $0 $0 $0
Todd Lewis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,859,946
Expenses
$3,530,757
Net Income
$329,189
Net Assets
$19,902,825
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,311,392
85.8%
Program Services $171,394
4.4%
Investment Income $165,179
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$39,835
Net Fundraising $0
Sales of Assets -$1,009
Net Inventory Sales $223,730
5.8%
Other Revenue $29,095
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $603,219
17.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,018,697
28.9%
Assets/Debt
Total Assets $20,216,612
Total Liabilities $313,787
Net Assets $19,902,825
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey E Deist (President) $191,014 $0 $0
Llewellyn H Rockwell Jr (Chairman) $182,964 $0 $0
Patricia O Barnett (Director/Vice President) $108,479 $0 $0
Mardelle O Rockwell (Secretary/Treasurer) $31,988 $0 $0
Deborah Ayers (Director) $0 $0 $0
Daniel Ajamian (Director) $0 $0 $0
Steven Berger (Director) $0 $0 $0
John V Denson (Director) $0 $0 $0
Hunter Lewis (Director) $0 $0 $0
Robert Luddy (Director) $0 $0 $0
Andrew Napolitano (Director) $0 $0 $0
Ron Paul (Director) $0 $0 $0
Don Printz (Director) $0 $0 $0
Gary Schlarbaum (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,721,062
Expenses
$3,640,844
Net Income
$1,080,218
Net Assets
$20,009,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,792,997
80.3%
Program Services $240,679
5.1%
Investment Income $199,151
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $38,488
0.8%
Net Fundraising $0
Sales of Assets $57,664
1.2%
Net Inventory Sales $388,573
8.2%
Other Revenue $3,510
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $389,581
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,102,527
30.3%
Assets/Debt
Total Assets $20,384,398
Total Liabilities $374,714
Net Assets $20,009,684
Compensation
Key Employees and Officers Compensation Related Other
Llewellyn H Rockwell Jr (Chairman) $188,403 $0 $0
Joseph Salerno (Academic Vice President) $127,778 $0 $0
Patricia O Barnett (Director/Vice President) $127,083 $0 $0
Jeffrey E Deist (President) $45,542 $0 $0
Mardelle O Rockwell (Secretary/Treasurer) $28,553 $0 $0
Deborah A Ayers (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,330,235
Expenses
$3,664,707
Net Income
$665,528
Net Assets
$21,949,672
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,138,389
72.5%
Program Services $439,466
10.1%
Investment Income $141,394
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $9,742
0.2%
Net Fundraising $0
Sales of Assets $40,910
0.9%
Net Inventory Sales $522,453
12.1%
Other Revenue $37,881
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $393,867
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $857,023
23.4%
Assets/Debt
Total Assets $22,268,915
Total Liabilities $319,243
Net Assets $21,949,672

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,704,596
Expenses
$4,547,235
Net Income
$1,157,361
Net Assets
$21,012,058
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,390,501
41.9%
Program Services $577,863
10.1%
Investment Income $147,762
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $21,200
0.4%
Net Fundraising $0
Sales of Assets $1,777,558
31.2%
Net Inventory Sales $766,977
13.4%
Other Revenue $22,735
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,402,899
30.9%
Assets/Debt
Total Assets $21,291,036
Total Liabilities $278,978
Net Assets $21,012,058

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »