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Nonprofit · EIN 36-4668773

FREE STATE PROJECT INC

Tax-exempt · MANCHESTER, NH 03103

Financials

$257K$265K2023$318K$371K2024$506K$521K2025
Revenue Expenses · by fiscal year end
Financials of FREE STATE PROJECT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$506,229$520,928-$14,699$150,347$0$150,347
December 31, 2024990$317,753$370,850-$53,097$171,464$0$171,464
December 31, 2023990$256,959$265,064-$8,105$224,561$0$224,561
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$328,567
Program service revenue
$177,656
Investment income
$0
Royalties
$6
Other revenue
$6

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$90,000
Other salaries and wages
$4,300
Salaries, compensation and benefits (total)
$101,825
Professional fundraising fees
$0
Accounting fees
$11,500
Occupancy
$5,746
Travel
$33,486
Program services (functional)
$348,074
Management and general (functional)
$172,854

Balance sheet and other

Total assets, start of year
$171,464
Total assets, end of year
$150,347
Total liabilities, end of year
$0
Net assets, end of year
$150,347
Net assets without donor restrictions
$150,347
Gross receipts
$506,229
Employees
2
Volunteers
0
Year formed
2009
State of legal domicile
NH

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ERIC BRAKEYEXECUTIVE DIRECTOR
Officer
40$90,000
SEAMUS CASEYBOARD MEMBER
Trustee or director
1$0
CARLA GERICKEBOARD MEMBER
Trustee or director
1$0
CAROLANN MCVEIGH FENTONBOARD MEMBER
Trustee or director
1$0
JASON SORENSBOARD MEMBER
Trustee or director
1$0
MARK WARDENBOARD MEMBER
Trustee or director
1$0
SEAMAS O'SCALAIDHEBOARD MEMBER
Trustee or director
1$0
STEVEN VILLEETREASURER
Officer
2$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
ERIC BRAKEYEXECUTIVE DIRECTOR
Officer
40$68,250
SEAMUS CASEYBOARD MEMBER
Trustee or director
1$0
CARLA GERICKEBOARD MEMBER
Trustee or director
1$0
CAROLANN MCVEIGH FENTONBOARD MEMBER
Trustee or director
1$0
JASON SORENSBOARD MEMBER
Trustee or director
1$0
MARK WARDENBOARD MEMBER
Trustee or director
1$0
STEPHEN VILLEETREASURER
Officer
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
REBECCA THOMPSONOPERATIONS DIRECTOR (FORMER)
Officer
40$44,625
ERIC BRAKEYEXECUTIVE DIRECTOR
Officer
40$3,750
SEAMUS CASEYBOARD MEMBER
Trustee or director
1$0
CARLA GERICKEBOARD MEMBER
Trustee or director
1$0
JEREMY KAUFFMANBOARD MEMBER/SECRETARY (FORMER)
Trustee or director
1$0
CAROLANN MCVEIGH FENTONBOARD MEMBER
Trustee or director
1$0
JASON SORENSBOARD MEMBER
Trustee or director
1$0
MARK WARDENBOARD MEMBER
Trustee or director
1$0
STEPHEN VILLEETREASURER
Officer
2$0

Address and contacts

Address (IRS master file)
373 SOUTH WILLOW STREET 161, MANCHESTER, NH 03103-5751
Principal officer (990 for 2025)
STEPHEN VILLEE, 373 S WILLOW STREET 161, MANCHESTER, NH 03103
Signed the 990
STEPHEN VILLEE, TREASURER
Phone
(603) 937-1078
Return prepared by
TSA ADVISORS LLC

Mission

SEE STATEMENT O

990 for the year ended December 31, 2025

Program accomplishments

  • FREE STATE PROJECT INCREASED ITS OUTREACH TO VARIOUS INDIVIDUALS AND ORGANIZATIONS BY PROVIDING EDUCATION AND INFORMATION ABOUT ITS MISSION PRIMARILY THROUGH ITS TWO MAJOR PROGRAMS - LIBERTY FORUM AND PORCUPINE FESTIVAL.
    Expenses $348,074 · revenue $177,656

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-4668773
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$150,347
Income (IRS master file)
$506,229

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$506,229$520,928$150,347IRS
990December 2024$317,753$370,850$171,464IRS
990December 2023$256,959$265,064$224,561XML
990December 2022$231,826$235,935$232,796IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 36-4668773).

Questions about FREE STATE PROJECT INC

What is the EIN of FREE STATE PROJECT INC?
The employer identification number (EIN) of FREE STATE PROJECT INC is 36-4668773.
Is FREE STATE PROJECT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to FREE STATE PROJECT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREE STATE PROJECT INC 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 FREE STATE PROJECT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREE STATE PROJECT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FREE STATE PROJECT INC?
The 990 for the year ended December 31, 2025 names STEPHEN VILLEE.
Who are the officers and directors of FREE STATE PROJECT INC?
The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $90,000 (ERIC BRAKEY, EXECUTIVE DIRECTOR).
How much revenue does FREE STATE PROJECT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $506,229, expenses of $520,928 and total assets of $150,347 at year end.

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