Page 15 - Mises Institute Annual Report 2023
P. 15
FINANCIALS
The Mises Institute operates as a nonprofit corporation, using funds donated almost entirely
by individuals . Thanks to donors like you, funding for our mission was robust in 2023 .
Our donors are our shareholders . We strive to be a sound steward of donor funds, spending
them as carefully as a for-profit business would . We maintain rigorous internal accounting
standards and work closely with our audit committee and outside advisors to ensure
prudent financial management .
The information below represents the unaudited financial data for 2023 .
OPERATING REVENUE
Contributions $6,797,050
Book Sales $324,102
Event Fees & Tuition $132,781
Investments $2,713,778
Total $9,967,711
OPERATING EXPENSES
Programs $5,276,836
Management & General $513,143
Development $611,382
Total $6,401,361
ASSETS AND LIABILITIES
Current Assets $25,992,971
Fixed Assets $4,125,443
Investments $22,142,828
Other Assets $1,597,895
Liabilities $385,804
Net Assets $53,473,333
2023 ANNUAL REPORT | 15
