Nonprofit · EIN 86-3962987
INSTITUTE FOR LIBERAL VALUES
Tax-exempt · AUSTIN, TX 78751
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $264,902 | $284,243 | -$19,341 | $17,474 | $48 | $17,426 |
| December 31, 2023 | 990-EZ | $106,360 | $69,593 | $36,767 | $36,767 | $0 | $36,767 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $264,902
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $247,400
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,521
- Program services (functional)
- $279,324
- Management and general (functional)
- $4,919
Balance sheet and other
- Total assets, start of year
- $36,767
- Total assets, end of year
- $17,474
- Total liabilities, end of year
- $48
- Net assets, end of year
- $17,426
- Net assets without donor restrictions
- $17,426
- Gross receipts
- $264,902
- Employees
- 0
- Volunteers
- 3
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER RICHMOND | Treasurer Officer | 5 | $20,000 |
| DAVID BERNSTEIN | President Officer | 1 | $0 |
| ZANDER KEIG | Secretary Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jennifer Richmond | Treasurer | 0 | $30,000 |
| David Bernstein | President | 0 | $0 |
| Zander Keig | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 312 W 39TH ST, AUSTIN, TX 78751-4902
- In care of
- % JENNIFER RICHMOND
- Principal officer (990 for 2024)
- Jennifer Richmond, 312 W 39th St, Austin, TX 78751
- Signed the 990
- JENNIFER RICHMOND, Treasurer
- Phone
- (512) 422-9335
- Return prepared by
- Jesse Dominguez CPA
Mission
Educate the public about liberal values
Program accomplishments
- Promotion of liberal values in the public square.Expenses $279,324 · grants $247,400 · revenue $264,902
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-EZ on file |
IRS record
- EIN
- 86-3962987
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $17,474
- Income (IRS master file)
- $264,902
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $264,902 | $284,243 | $17,474 | XML |
| 990-EZ | December 2023 | $106,360 | $69,593 | $36,767 | XML |
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 86-3962987).
Questions about INSTITUTE FOR LIBERAL VALUES
- What is the EIN of INSTITUTE FOR LIBERAL VALUES?
- The employer identification number (EIN) of INSTITUTE FOR LIBERAL VALUES is 86-3962987.
- Is INSTITUTE FOR LIBERAL VALUES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to INSTITUTE FOR LIBERAL VALUES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR LIBERAL VALUES 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 INSTITUTE FOR LIBERAL VALUES 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 INSTITUTE FOR LIBERAL VALUES 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 INSTITUTE FOR LIBERAL VALUES?
- The 990 for the year ended December 31, 2024 names Jennifer Richmond.
- Who are the officers and directors of INSTITUTE FOR LIBERAL VALUES?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $20,000 (JENNIFER RICHMOND, Treasurer).
- How much revenue does INSTITUTE FOR LIBERAL VALUES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $264,902, expenses of $284,243 and total assets of $17,474 at year end.
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