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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 54-1436224

Mercatus Center Inc

Arlington, VANTEE: V22ZFounded 1987Website

mission statement

To bridge the gap between academic research and public policy problems.

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Total Revenue

$39.3M

FY 2023

Program Spending

92%

of total expenses

Known Funders

132

2019–2025 filings

Key Metrics (FY 2023)

The Numbers

$36.8M

Total Assets

$32.4M net

8.66 mo

Operating Reserves

FY 2023

Active Programs

FY 2023

233

Total Employees

FY 2023

Funding Track Record

Backed by 132 Institutional Funders

$77.1M raised across 320 grants · +$3.5M committed (2019–2025 filings)

Funder Geography

Funders across 31 states (2019–2025 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Vanguard Charitable Endowment Program	SOUTHEASTERN, PA	$34,525,250
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$8,573,546
Donor Advised Charitable Giving Inc	SAN FRANCISCO, CA	$4,895,315
John Templeton Foundation	WEST CONSHOHOCKEN, PA	$4,436,517 +$2,122,057 committed
National Philanthropic Trust	JENKINTOWN, PA	$3,523,800
Silicon Valley Community Foundation	Mountain View, CA	$2,105,000
Sarah Scaife Foundation Incorporated	PITTSBURGH, PA	$1,900,000
The Searle Freedom Trust	MADISON, WI	$1,750,000
The Lynde and Harry Bradley Foundation Inc	Milwaukee, WI	$1,700,000
John William Pope Foundation	RALEIGH, NC	$1,010,000

Total tracked: $77,112,957 across 320 grants · +$3,452,057 committed across 9 commitments (2019–2025 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$17.2M in expenses

University Research & Teaching - Supports academic research and faculty activities at George Mason University and elsewhere to advance and apply a research agenda for understanding institutions and change or broadly advance a free and prosperous society.

$10.2M in expenses

Applied Research- Conduct economic research of consequence that makes sense of public policy problems and puts forward solutions that maximize individual freedom and prosperity.

$7.1M in expenses

Student Programs - Support Graduate Students at George Mason University, training future scholars and decision-makers to advance and apply a research agenda for understanding institutions and change.

$3.7M in expenses

Communications - Improves the effectiveness of Mercatus outreach efforts, raises its public profile, and promotes its research and ideas to media and opinion shapers.

$1.7M in expenses

Outreach - Brings education in economic ideas to key decision-makers in the public policy process.

$1.4M in expenses

Public Affairs - Seeks to inform alumni, faculty, and supporters about the efforts of the Center and build communication that develops a network of individuals interested in liberty.

Financial History