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Alabama · Nonprofit

LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC

LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC (Alabama) receives grants from 107 organizations whose IRS filings report $7,716,623 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,559,965). 73 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$17M
Funders on record
107
Grants received
$7.7M
Net assets
$67M
73/107 repeat funderspeak grant-dependency 14%
01What it does

What Ludwig Von Mises Institute for Austrian Economics Inc does

Mission

To promote the economic theories of ludwig von mises, his predecessors and his successors, through teaching programs, research, fellowships and scholarly publications.

As stated on its FY2024 Form 990.

Programs

  1. Advancement of economic science through publications and teaching programs for students, scholars and others interested in economic education.

    $3,024,298 spent$257,806 earned by the program
    60% of program spending
  2. Teaching conferences, seminars & colloquia

    $1,572,505 spent$134,048 earned by the program
    31% of program spending
  3. Student fellowship and research grants. Support of students, faculty & post-doctoral fellows in economics.

    $454,604 spentof which $87,180 as grants$31,321 earned by the program
    9% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $5,051,407.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($4.2M) Expenses 100 ($4.2M) Net assets 100 ($21M)2018 Revenue 112 ($4.7M) Expenses 93 ($3.9M) Net assets 99 ($21M)2019 Revenue 244 ($10M) Expenses 101 ($4.2M) Net assets 137 ($29M)2020 Revenue 368 ($15M) Expenses 120 ($5.0M) Net assets 198 ($42M)2021 Revenue 201 ($8.4M) Expenses 121 ($5.1M) Net assets 213 ($45M)2022 Revenue 273 ($11M) Expenses 150 ($6.3M) Net assets 237 ($50M)2023 Revenue 203 ($8.5M) Expenses 148 ($6.2M) Net assets 256 ($54M)2024 Revenue 394 ($17M) Expenses 172 ($7.2M) Net assets 316 ($67M)
'17'18'19'20'21'22'23'24
Revenue (394)Expenses (172)Net assets (316)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $55M to $68M (+25%).

$22M
$21M
$29M
$43M
$46M
$51M
$55M
$68M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$35k
’17
$843k
’18
$6.0M
’19
$10M
’20
$3.4M
’21
$5.2M
’22
$2.3M
’23
$9.4M
’24
42
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Llewellyn H Rockwell Jr

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1413121211162020
Joined·+0+0+0+0+5+8+1
No longer listed·1101041
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 26 funders to 47 funders, grant income rose $284k → $614k.

14 of 107 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC’s funders (the co-funder graph). Top 30 of 107 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC has a broad base — no single funder exceeds 33% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC.

33%
largest funder
57%
top three
~7
effective funders

Largest funder’s share by year: 2017 31% · 2018 36% · 2019 33% · 2020 29% · 2021 33% · 2022 38% · 2023 20% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

51% of LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.8M that is directly attributable, 100% of it comes from funders outside Alabama, across 36 states.

AK
WA
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
IN
OH
PA
NJ
CT
RI
CA
CO
NE
MO
VA
MD
DE
AZ
KS
NC
DC
HI
LA
MS
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Alabama out of state home

Funder states come from each funder’s own filing. $3.9M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Alabama

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

14
board members
64%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

63%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC?
LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC (Alabama) receives grants from 107 organizations whose IRS filings report $7,716,623 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,559,965). 73 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC have?
IRS filings report 107 organizations giving $7,716,623 in grants to LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC, 73 of which have funded it in more than one year.
Who is the largest funder of LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,559,965 in grants. The full list of funders is on this page.
How can an organization like LUDWIG VON MISES INSTITUTE FOR AUSTRIAN ECONOMICS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alabama. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ludwig Von Mises Institute for Austrian Economics →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 107 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing