Nonprofit · EIN 74-1887755
FREE ENTERPRISE INSTITUTE
Tax-exempt · HOUSTON, TX 77024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $311,705 | $296,617 | $15,088 | $405,113 | $0 | $405,113 |
| December 31, 2024 | 990 | $216,447 | $249,948 | -$33,501 | $390,025 | $0 | $390,025 |
| December 31, 2023 | 990 | $170,115 | $296,710 | -$126,595 | $423,526 | $0 | $423,526 |
| December 31, 2022 | 990 | $217,134 | $374,960 | -$157,826 | $550,121 | $0 | $550,121 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $306,613
- Program service revenue
- $0
- Investment income
- $5,092
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $97,718
- Other salaries and wages
- $32,750
- Salaries, compensation and benefits (total)
- $148,443
- Professional fundraising fees
- $0
- Accounting fees
- $3,520
- Occupancy
- $2,313
- Travel
- $2,920
- Depreciation
- $394
- Program services (functional)
- $258,630
- Management and general (functional)
- $37,987
Balance sheet and other
- Total assets, start of year
- $390,025
- Total assets, end of year
- $405,113
- Total liabilities, end of year
- $0
- Net assets, end of year
- $405,113
- Land, buildings and equipment
- $591
- Net assets without donor restrictions
- $405,113
- Gross receipts
- $311,705
- Employees
- 2
- Volunteers
- 20
- Year formed
- 1976
- State of legal domicile
- TX
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W Winston Elliott III | President Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $97,717 |
| Bradley Birzer | Trustee Trustee or director | 1 | $0 |
| Ted Cruz | Trustee Trustee or director | 1 | $0 |
| Gleaves Whitney | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W Winston Elliott III | President Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $69,500 |
| Bradley Birzer | Trustee Trustee or director | 1 | $0 |
| Ted Cruz | Trustee Trustee or director | 1 | $0 |
| Gleaves Whitney | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W Winston Elliott III | President Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $90,200 |
| Bradley Birzer | Trustee Trustee or director | 1 | $0 |
| Ted Cruz | Trustee Trustee or director | 1 | $0 |
| Preston Young | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2022: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W Winston Elliott III | President Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $90,200 |
| Evelyn Griffin | Trustee Trustee or director | 1 | $0 |
| Walter E Johnson | Trustee Trustee or director | 1 | $0 |
| S Reed Morian | Trustee Trustee or director | 1 | $0 |
| Bradley Birzer | Trustee Trustee or director | 1 | $0 |
| Ted Cruz | Trustee Trustee or director | 1 | $0 |
| Preston Young | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 819 MONTE CELLO ST, HOUSTON, TX 77024-4524
- Principal officer (990 for 2025)
- Winston Elliott, 819 Monte Cello, Houston, TX 77024
- Signed the 990
- Winston Elliott, President
- Phone
- (713) 984-1343
- Return prepared by
- Associated Services
Mission
Educational seminars & programs
Program accomplishments
- Free Enterprise Institute - These seminars and workshops are events for teachers to interact and learn from renowned scholars from across the nation regarding the intellectual, economic, historic and moral heritage of our country.Expenses $186,522 · revenue $268,000
- The Imaginative Conservative offers to our families, our communities, and the Republic, a conservatism of hope, grace, charity, gratitude and prayer. The Imaginative Conservative is an on-line journal for those who seek the True, the Good and the Beautiful. We address culture, liberal learning, politics, political economy, literature, the arts and the American Republic in the tradition of Russell Kirk, T.S. Eliot, Edmund Burke, Irving Babbitt, Paul Elmer More, Wilhelm Roepke, Robert Nisbet, M.E. Bradford, Christopher Dawson and other leaders of Imaginative Conservatism.Expenses $72,108 · revenue $38,227
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 | 990 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
- 74-1887755
- 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
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O53Z)
- Assets (IRS master file)
- $405,113
- Income (IRS master file)
- $311,705
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $311,705 | $296,617 | $405,113 | XML |
| 990 | December 2024 | $216,447 | $249,948 | $390,025 | XML |
| 990 | December 2023 | $170,115 | $296,710 | $423,526 | XML |
| 990 | December 2022 | $217,134 | $374,960 | $550,121 | XML |
| 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 74-1887755).
Questions about FREE ENTERPRISE INSTITUTE
- What is the EIN of FREE ENTERPRISE INSTITUTE?
- The employer identification number (EIN) of FREE ENTERPRISE INSTITUTE is 74-1887755.
- Is FREE ENTERPRISE INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to FREE ENTERPRISE INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FREE ENTERPRISE INSTITUTE 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 ENTERPRISE INSTITUTE 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 ENTERPRISE INSTITUTE 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 ENTERPRISE INSTITUTE?
- The 990 for the year ended December 31, 2025 names Winston Elliott.
- Who are the officers and directors of FREE ENTERPRISE INSTITUTE?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $97,717 (W Winston Elliott III, President).
- How much revenue does FREE ENTERPRISE INSTITUTE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $311,705, expenses of $296,617 and total assets of $405,113 at year end.
Other nonprofits in HOUSTON
- TEJANO CENTER FOR COMMUNITY CONCERNS INC EIN 76-0377101 · last filed 990 for 2025
- GIRL SCOUTS OF SAN JACINTO COUNCIL EIN 74-6001254 · last filed 990 for 2025
- CAMP FOR ALL FOUNDATION EIN 76-0404267 · last filed 990 for 2025
- BOYS AND GIRLS CLUBS OF GREATER HOUSTON INC EIN 76-0270942 · last filed 990 for 2024
- BOY SCOUTS OF AMERICA EIN 76-0239833 · last filed 990 for 2024
- CAMP WAR EAGLE INC EIN 20-0937623 · last filed 990-PF for 2024
- KICK DRUGS OUT OF AMERICA FOUNDATION EIN 52-1706526 · last filed 990 for 2025
- REFORMED YOUTH MOVEMENT INC EIN 23-7376014 · last filed 990 for 2024