Nonprofit · EIN 81-3494768
1065 INSTITUTE INC
Tax-exempt · NASHVILLE, TN 37203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,013,276 | $1,046,717 | $966,559 | $11,896,757 | $0 | $11,896,757 |
| December 31, 2023 | 990 | $1,543,113 | $886,539 | $656,574 | $10,966,483 | $0 | $10,966,483 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,680,778
- Program service revenue
- $0
- Investment income
- $321,474
- Royalties
- $11,024
- Net gain from sales of assets
- $19,424
- Other revenue
- $11,024
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $527,934
- Salaries, compensation and benefits (total)
- $569,236
- Professional fundraising fees
- $0
- Legal fees
- $45,275
- Travel
- $39,815
- Program services (functional)
- $1,001,442
- Management and general (functional)
- $45,275
Balance sheet and other
- Total assets, start of year
- $10,966,483
- Total assets, end of year
- $11,896,757
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,896,757
- Land, buildings and equipment
- $1,492
- Publicly traded securities
- $3,350,998
- Gross receipts
- $2,013,276
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2016
- State of legal domicile
- TN
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 |
|---|---|---|---|
| BRIAN DOMITROVIC | EXECUTIVE Highest-paid employee | 40 | $200,000 |
| NICK DRINKWATER | VICE PRESIDENT TREASURER Highest-paid employee | 40 | $150,000 |
| DR ARTHUR B LAFFER | DIRECTOR Trustee or director | 1 | $0 |
| ROY H FICKLING | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN BROCK BATMAN | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN ALEXANDER MELICH | DIRECTOR Trustee or director | 1 | $0 |
| JORDAN MICHAEL SPIEGEL | DIRECTOR Trustee or director | 1 | $0 |
| HAROLD J BOWEN III | DIRECTOR Trustee or director | 1 | $0 |
| DOUGLAS CAMERON NEFF | DIRECTOR Trustee or director | 1 | $0 |
| LEE ALVIN BEAMAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR ARTHUR B LAFFER | DIRECTOR Trustee or director | 1 | $0 |
| ARTHUR B LAFFER JR | DIRECTOR Trustee or director | 5 | $0 |
| ROY H FICKLING | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 103 MURPHY CT, NASHVILLE, TN 37203-1005
- In care of
- % ARTHUR B LAFFER SR
- Principal officer (990 for 2024)
- ARTHUR B LAFFER SR, 103 MURPHY CT, NASHVILLE, TN 372031005
- Signed the 990
- NICK DRINKWATER, VICE PRESIDENT TREASURER
- Phone
- (615) 345-6234
Mission
Our mission is to provide educational information and analysis that promotes ideas and actions which further economic opportunity for people communities and society. We will support and promote educational efforts that further economic thought and action as it relates to promoting jobs income advancement wealth creation and general economic well-being.
Program accomplishments
- RESEARCH AND WRITING FEES TO PRODUCE EDUCATIONAL BOOKS THAT FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION.Expenses $450,721
- RESEARCH AND WRITING FEES TO PRODUCE ESSAYS AND ARTICLES THAT FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION.Expenses $450,721
- WEBSITE MAINTENANCE AND UPGRADE TO PROVIDE A WEBSITE THAT CONTAINS MATERIALS AND ESSAYS THAT FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION.Expenses $100,000
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
- 81-3494768
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B03)
- Assets (IRS master file)
- $11,896,757
- Income (IRS master file)
- $2,013,276
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,013,276 | $1,046,717 | $11,896,757 | IRS |
| 990 | December 2023 | $1,543,113 | $886,539 | $10,966,483 | XML |
| 990 | December 2022 | $3,550,952 | $969,953 | $10,232,977 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 81-3494768).
Questions about 1065 INSTITUTE INC
- What is the EIN of 1065 INSTITUTE INC?
- The employer identification number (EIN) of 1065 INSTITUTE INC is 81-3494768.
- Is 1065 INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to 1065 INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 1065 INSTITUTE 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 1065 INSTITUTE INC 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 1065 INSTITUTE INC 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 1065 INSTITUTE INC?
- The 990 for the year ended December 31, 2024 names ARTHUR B LAFFER SR.
- Who are the officers and directors of 1065 INSTITUTE INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $200,000 (BRIAN DOMITROVIC, EXECUTIVE).
- How much revenue does 1065 INSTITUTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,013,276, expenses of $1,046,717 and total assets of $11,896,757 at year end.
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