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Return of Organization Exempt from Income lefile GRAPHIC print - DO NOT PROCESS I As Filed Data - I DLN: 934932160052851 990 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form Under section 501 (c), 527, or 4947 ( a)(1) of the Internal Revenue Code ( except private foundations) 201 4 Department of the Treasury Do not enter social security numbers on this form as it may be made public Internal Revenue Service 1-Information about Form 990 and its instructions is at www.IRS.gov/form990 A For the 2014 calendar year, or tax year beginning 01-01-2014 , and ending 12-31-2014 ganization B Check if applicable D Employer identification number OAT INSTITUTE F Address change 26-2096621 F Name change Lnb ess as 1 Initial return E Telephone number Final street (or P 0 box if mail is not delivered to street address) Room/suite 037 fl return/terminated (970) 846-6013 1 Amended return , state or province , country, and ZIP or foreign postal code SPRINGS, CO 80488 G Gross receipts $ 253,751 1 Application pending F Name and address of principal officer H(a) Is this a group return for subordinates? F Yes F7 No H(b) Are all subordinates 1 Yes F No included? I Tax-exempt status F 501(c)(3) 1 501(c) ( ) I (insert no ) (- 4947(a)(1) or F_ 527 If "No," attach a list (see instructions) J Website : - steamboatinstitute org H(c) Group exemption number 0- K Form of organization F Corporation 1 Trust F_ Association (- Other 0- L Year of formation 2008 M State of legal domicile CO Summary 1 Briefly describe the organization's mission or most significant activities To educate the public on the Founding Principles of the United States and to inspire people to be actively involved in their implementation w 2 Check this box Of- if the organization discontinued its operations or disposed of more than 25% of its net assets 3 Number of voting members of the governing body (Part VI, line la) . 3 7 of :2 4 N umber of independent voting members of the governing body (Part VI, line 1 b) . 4 7 5 Total number of individuals employed in calendar year 2014 (Part V, line 2a) . 5 0 6 Total number of volunteers (estimate if necessary) 6 20 7a Total unrelated business revenue from Part VIII, column (C), line 12 . 7a 0 b Net unrelated business taxable income from Form 990-T, line 34 . 7b Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) . 20,690 59,830 9 Program service revenue (Part VIII, line 2g) . 182,256 188,892 N 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d . 13 24 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 13,448 7 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12) . 216,407 248,753 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) 0 14 Benefits paid to or for members (Part IX, column (A), line 4) . 0 Salaries, other compensation, employee benefits (Part IX, column (A), lines 15 7,500 31,350 5-10) 16a Professional fundraising fees (Part IX, column (A), line 11e) 0 b Total fundraising expenses (Part IX, column (D), line 25) 0-0 LLJ 17 Other expenses (Part IX, column (A), lines h1a-11d, 11f-24e) . 183,209 233,566 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 190,709 264,916 19 Revenue less expenses Subtract line 18 from line 12 25,698 -16,163 Beginning of Current End of Year Year 20 Total assets (Part X, line 16) 80,593 41,139 % 21 Total liabilities (Part X, line 26) . 27,341 4,050 ZLL 22 Net assets or fund balances Subtract line 21 from line 20 53 252 37 089 lijaW Signature Block Under penalties of perjury, I declare that I have examined this return, includin my knowledge and belief, it is true, correct, and complete Declaration of preps preparer has any knowledge Signature of officer Sign Here JENNIFER SCHUBERT-AKIN Chairman Type or print name and title Print/Type preparer's name Preparers signature Allison A Kusy Allison A Kusy Paid Firm's name 1- THPK Pre pare r Use Only Firm's address PO BOX 773027 STEAMBOAT SPRINGS, CO 804773027 May the IRS discuss this return with the preparer shown above? (see instructs For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2014) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part III .(- 1 Briefly describe the organization's mission To educate the public on the Founding Principles of the United States and to inspire people to be actively involved in their implementation 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . fl Yes F No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? . F Yes F7 No If "Yes," describe these changes on Schedule 0 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported 4a (Code ) (Expenses $ 238,080 including grants of $ ) (Revenue $ 188,892 The Steamboat Institute held its 6th Annual Freedom Conference in August 2014 in Steamboat Springs, Colorado The 2-day event attracted a capacity crowd of approximately 350 people from across the U S The conference featured a number of significant thinkers and conservative voices, including Dr Ben Carson, Lynne Cheney, Star Parker, Steve Moore (Chief Economist for the Heritage Foundation), The Rev Robert Sirico (Acton Institute), Frank Gaffney (Center for Security Policy), and many others The 2014 conference also featured a special performance by Americas Most Patriotic Rock Band, Madison Rising Those who attended were educated on the five core principles (lower taxes, limited government, individual rights and responsibilities, free market capitalism and a strong national defense) and were inspired to return home to their communities all across America and get involved in issues of importance to their communities, their states and our nation Portions of our Freedom Conference were televised by C-Span Videos of all speakers may be viewed at www steamboatinstitute org In addition to its signature event, the annual Freedom Conference, the Steamboat Institute also sponsors a popular Speaker Series throughout the year This series features nationally recognized experts on the hot-button issues of the day, including tax and fiscal policy, healthcare, foreign policy/national defense, freedom, free market capitalism and other issues In 2014, the Steamboat Institute moved these events to a much larger facility the Strings Music Pavilion in Steamboat Springs and offered free to the public In this way, the Steamboat Institute is continuing its educational mission year-round and is building on its growing reputation as a leader in advancing the founding principles of the United States of America Our 2014 Speaker Series included Lt Jason Redman (retired Navy SEAL and author), Michael Barone, Coloradans for Responsible Energy Development (a very informative presentation on fracking), Pastor Rafael Cruz, U S Senator Cory Gardner and others Our Speaker Series is a critical piece of developing and educating the army of citizen activists who attend School Board meetings, volunteer as Community Representatives on the local newspaper editorial board, write letters to the editor and step up to leadership roles in local and state politics Beginning in 2015, we will be expanding the reach of our Speaker Series by co-hosting events at CU-Boulder and other locations throughout Colorado, Wyoming and beyond Awarding inaugural Tony Blankley Fellowship Following two years of fundraising, we awarded our inaugural Tony Blankley Chair for Public Policy and American Exceptionalism to Tom Rogan, a columnist for both National Review and The Daily Telegraph Tom is a 28-year-old American citizen who was raised in London We are extremely proud of the impressive work he is producing on a variety of topics, but particularly on ISIS and the growing threats to our freedom, which are a result of our current Administrations failure to lead on foreign policy We were especially pleased and proud that John McLaughlin made the announcement of the fellowship award on The McLaughlin Group Since that announcement, Tom Rogan has been a regular on The McLaughlin Group and has made numerous appearances on Fox News Channel, CNN, BBC News and other media as an expert on ISIS and Middle East issues In October 2014, the Steamboat Institute hosted our 2nd annual fundraiser cocktail reception in Washington, D C to raise funds for the Tony Blankley Chair for Public Policy and American Exceptionalism This event was held at the Kirby Center (Hillsdale College) The purpose of the Tony Blankley Chair is to honor the memory of our dear friend, Tony Blankley, who acted as Conference Moderator for our first three Freedom Conferences (2009-2011) This fellowship is awarded annually to one or more emerging scholars The recipient of the fellowship receives a significant stipend for the purpose of producing policy papers, commentaries and other such work, which serves to influence the national dialogue on public policy Our 2014 Selection Committee included Newt Gingrich, Callista Gingrich, Former Attorney General Edwin Meese, Thomas McDevitt (Chairman of The Washington Times), Lauren Maddox (Podesta Group), John OSullivan, Steve Hofman, John Roberts (author and producer of The McLaughlin Group) and Amity Shlaes (author and Chairman of the Calvin Coolidge Presidential Foundation) 4b (Code ) (Expenses $ including grants of $ ) (Revenue $ 4c (Code ) (Expenses $ including grants of $ ) (Revenue $ 4d Other program services (Describe in Schedule 0 ) (Expenses $ including grants of $ ) (Revenue $ 4e Total program service expenses 0- 238,080 Form 990 (2014) Form 990 (2014) Page 3 Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Yes complete Schedule As .
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