..

.)

Return of Organization

990

Form

Department
oftheTreasury
Internal Revenue Service

DAddress
change
oName

ctiange

01n,t1al

return

Opento Puhllc
lllspecth)n

and ending

C Nameof organization
Please
useIRS
label or
pnnt or

2007

Undersection501(c), 527, or 4947(a)(1)ol the Internal RevenueCode(exceptblack lung

benefittrust or privatefoundation)
~ Theorganizationmayhaveto usea copy of this returnto satisfystatereportingrequirements

A Forthe 2007 calendaryear, or tax year beginning

B Check,t
applicable

OMB No 1545-0047

Exempt From Income Tax

D Emplayer identificationnumber

~HE HEARTLAND INSTITUTE

36-3309812

type
Numberandstreet(or PO box 11ma1l1snot deliveredto streetaddress)
See
Specific
19 SOUTH LA SALLE STREET

IiRoom/suite ETelephonenumber

(312)

903

Ins true0TerrrunCityor town, stateor country,and ZIP+ 4

t1ons
at1on
DAmended
CHICAGO, IL
60603
return
DAppl1cat1on Section501(c)(3) organizationsand 4947(a)(1)nonexemptcharitabletrusts
pending
must attacha completedScheduleA (Form990 or 990-EZ).

377-4000

F Accounbng
rrethod:
D
D
Other
~
(specify)

Cash[XJ Accrual

Hand I are not appltcable to sect/On 527 organtzattons.

H(a) Is this a group returnfor att111ates? Dves

N/A
G Website ~WWW.HEARTLAND.ORG
H(b) If 'Yes,' enternumberof aff1l1ates
~
only
one)~ [XJ 501(c) ( 3
J Organizationtype (check
)<11111
c,nsertno>
D
4947(aH1lor D
521 H(c) Are all affiliatesincluded? N/A
Dves
(If 'No,' attacha list)
K Checkhere ~ D
1fthe organization1snot a 509(a)(3)supportingorganizationand its gross
H(d) Is this a separatereturnfiled by an orreceiptsarenormallynot morethan$25,000 A return1snot required,but 1fthe organization
choosesto file a return,besureto Ille a completereturn
L GrossreceiptsAdd Imes6b, 8b, 9b, and 10bto lme12 ~

I Part J I
1

I
M

5,216,884.

3
4
5
6

GI

::,

7
8

c
GI
>
GI

a:

1o

"'
c
"'
c.
GI

GI

,c

;t;"'

z::l
<

11
12
13
14
15
16
17
18
19
20
21

723001
12-27-07

0No

ganizat1on
coveredby a group rulmo? Dves
CXJNo
N/A
Number~
GrouoExemot1on
Check~
1fthe organization1snot requiredto attach
Sch B (Form990, 990-EZ,or 990-PF)

Revenue, Expenses, and Changes in Net Assets or Fund Balances

gifts. grants.ands1m11ar
amountsreceived
Contnbut1ons,
1a
Contributionsto donoradvisedfunds
1b
Directpublicsupport(not includedon lme1a)
1c
Indirectpublicsupport(not includedon lme 1a)
1d
Governmentcontributions(grants)(not includedon lme1a)
4,967,005.
noncash$
Total (addImes1athrough 1d) (cash$
Programservicerevenueincludinggovernmentfeesandcontracts(from PartVII, lme93)
Membershipduesandassessments
Intereston savingsandtemporarycashinvestments
D1v1dends
and interestfrom securities
6a
a Grossrents
6b
b Less rentalexpenses
c Netrentalincomeor (loss) Subtractlme6b from lme6a
Otherinvestmentincome(describe~
IAI Secunt1es
a Grossamountfrom salesof assetsother
Ba
than inventory
8b
b Less cost or otherbasisand salesexpenses
Be
c Gamor (loss) (attachschedule)

a
b
c
d
e
2

CXJNo

4,967,005.

I
I

8d

9c

Netassetsor fund balancesat begmnmgof year(lrom lme73, column(A))

Otherchangesm net assetsor lund balances(attachexplanation)
Netassetsor fund balancesat end of year CombineImes18, 19, and 20

...

6c
7

(Bl Other

d Netgamor (loss) Combinelme8c, columns(A) and(B)

Specialeventsandact1v1t1es
(attachschedule)If anyamount1sfrom gaming,checkhere ~ D
(notincluding$
olcontnbubons
repor1ed
onlinelb)
9a
a Grossrewnue
expenses
9b
b Less directexpensesotherthan fundra1smg
c Netincomeor (loss)lrom specialevents Subtractlme9b lrom lme9a
1oa
a Grosssalesof inventory,less returnsand allowances
10b
b Less cost ol goodssold
c Grossprol1tor (loss)lrom salesol inventory(attachschedule)Subtractlme10blrom lme10a
Otherrevenue(lrom PartVII, lme 103)
=
Total revenue.Add Imes1e 2 3 4 5 6c 7 8d 9c 10c and 11
- ........... ...
61it;~[1:::;U W 11!..d)
Programservices(from lme44, column(B))
Managementand general(lrom lme44, column(C))
Fundra1smg
(from lme44, column(D))
Paymentsto aff1l1ates
(attachschedule)
Total exDenses.Add Imes16 and44 column(Al
-~... .
"" ...:.,~Jlki\J~
~~
Excessor (def1c1t)
for the year Subtractlme17 from lme12

~[ AUG2 9

4,967,005.
189,135.
26,157.
34,587.

1e
2
3
4
5

1Dc
11
12
13
14
15
16

200:J~j
u

~~

LHA For PrivacyAct and PaperworkReductionAct Notice,see the separateinstructions.

17

18
19
20
21

5,216,884.
5,172,467.
448,138.
244,737.
5,865,342.
<648,458.
535,113.

>
0.

<113,345.

>

''"

Grl'm
'"

'

Form 990 2007

Part U

THE

Statement of
Functional Expenses

HEARTLAND
INSTITUTE
36-3309812
All organizationsmust completecolumn(A) Columns(B), (C),and (D) are requiredfor section501(c)(3)
and (4) organrzat1ons
andsection4947(a)(1)nonexemptcharrtabletrusts but optionalfor others

Do not include amounts reported on /me

6b, Bb, 9b, 1Ob, or 16 of Part I

(A)Total

(B) Program
services

(C) Management
and general

Page2

(D) Fundra1srng

22a Grants paid from donor advised funds

(attach schedule)

0 noncash

(cash $

If this amount includes foreign grants, check here

0.

~o

22a

STATEMENT
1

22b Other grants and allocations (attach schedule

(cash $

1 3 5 0 0 0 noncash $

If this amount includes foreign grants, check here

0.
~ IX]

22b

135,000.

135,000.

172,629.

114,344.

31,000.

31,000.

23 Spec1f1cassistance to 1nd1v1duals
(attach
schedule)
24 Benefits paid to or for members (attach

23

schedule)
25a Compensationof currentofficers.directors,key
employees.etc listedrn PartV-A

24

25a
b Compensationof former officers,directors,key
employees.etc listed rn PartV-B
25b
c Compensationand otherd1strrbut1ons,
not included
above,to d1squal1f1ed
persons(as definedunder
section4958(f)(1))and personsdescrrbedrn
section4958(c)(3)(B)
25c
26 Salaries and wages of employees not
26
included on lines 25a, b, and c
27 Pension plan contrrbut1ons not included on
27
lines 25a, b, and c

1,059,125.

47,288.

10,997.
0.

603,339.

322,578.

43,827.
14,058.
817,702.
129,814.

9,907.
1,217.
6,096.
11,243.

1,213,709.
465,158.

1,261.
1,846.

0.

133,208.

26 Employee benefits not included on lines

25a27
29 Payroll taxes
30 Professional fundra1s1ngfees
31 Accounting fees
32 Legal fees

26
29
30
31
32

33 Supplies
34 Telephone
35 Postage and sh1pp1ng
36 Occupancy
37 Equipment rental and maintenance
36 Prrnt1ngand publications

33
34
35
36
37
38

39
Travel
40
Conferences, conventions, and meetings
41
Interest
Deprec1at1on,depletion, etc. (attachschedule) 42
43 Other expenses not covered above (1tem1ze):
EXPENSES
a OTHER
43a
bSUBCONTRACTOR,
43b
EDITORS
cWRITERS,
43c
dADVERTISING
43d
43e
e
431
I
g
430
44 Total functional expenses.Add Imes22athrough
completingcolumns(B)-(D).
43g (Organrzat1ons
carrythesetotalsto Imes13-15)
44
39
40
41
42

68,592-.
15,940.
839,497.
147,199.
1,217,535.
484,781.
1,601.
10,299.

26,963.

743,906.
909,622.

671,615.
905,938.

5,865,342.

2,565.
17,777.

1,601.
10,299.

28,616.

14,858.
665.
15,699.
6,142.

5,172,467.

1,576.

77.

41,250.

31,041.
3,684.

448,138.

244,737.

Joint Costs. Check ~

1fyou are following SOP 98-2.
Are any1orntcosts from a combinededucationalcampaignand lundra1srng
sol1c1tat1on
reportedrn (B) Programservices?
~
Yes
A
(ii) the amountallocatedto Programservices$---....:....,...--A
If "Yes,'enter(i) the aggregateamountof these1orntcosts$
(i 11)the amountallocatedto Managementand general$
A
and
(iv)
the
amount
allocated
to
Fundra1srng
$
A
I

r~~fi-b1

NI
NI

[&]

No

NI
NI

Form990 (2007)

THE HEARTLAND INSTITUTE

Form 990 2007

Part IH Statement

of Program Service Accomplishments

36-3309812

Pa

e3

(See the mstruct,ons.)

Form 990 1savailable for public inspection and, for some people, serves as the primary or sole source of information about a particular organization.
How the public perceives an organ1zat1onin such cases may be determined by the information presented on its return. Therefore, please make sure the
return 1scomplete and accurate and fully describes, 1nPart Ill, the organization's programs and accomplishments.
What 1sthe organization's primary exempt purpose? ....

RESEARCH

&

ProgramService

WRITING ON PUBLIC POLICY ISSUES

All organ1zat1onsmust describe their exempt purpose achievements 1na clear and concise manner. State the number of
clients served, publications issued, etc. Discuss achievements that are not measurable. (Section 501 (c)(3) and (4)
organ1zat1onsand 494 7(a)(1) nonexempt charitable trusts must also enter the amount of grants and allocations to others.)

Elpenses
(Requiredfor 501(c)(3)
and (4) orgs, and
4947(a)(1)trusts. but
optionalfor others )

a PUBLICATIONS - RESEARCH, WRITING AND DISTRIBUTION

OF
PUBLICATIONS ON PUBLIC POLICY ISSUES. HEARTLAND PRODUCED TWO
NEWSLETTERS, FIVE MONTHLYNEWSPAPERS, THREE BOOKS AND ONE
BOOKLET IN 2007.
(Grants and allocations

(Grants and allocations

If this amount includes fore1an arants check here

.... D

2,389,180

) If this amount includes fore1c:mqrants check here

.... D

1,791,365

b PUBLIC RELATIONS - SEMINARS, EVENTS, A WEB SITE, SPEAKERS

BUREAU AND OTHER ACTIVITIES AIMED AT EDUCATING HEARTLAND
MEMBERS AND THE GENERAL PUBLIC POLICY ISSUES.

PUBLICATIONS AND EVENTS GEARED TOWARD

EDUCATING AND INFORMING LOCAL, STATE AND NATIONAL ELECTED
OFFICIALS ABOUT PUBLIC POLICY ISSUES.

c GOVERNMENTRELATIONS

(Grants and allocations

) If this amount includes fore1an arants check here

.... LJ

904,293

.... D

87,629

d NEW COALITION - PUBLICATIONS AND EVENTS GEARED TOWARD

EDUCATING AND INFORMING LEADERS OF AFRICAN-AMERICAN,
HISPANIC AND OTHER MINORITY GROUPS.

If this amount includes fore,an arants check here

(Grants and allocations

$
Other program services (attach schedule)

1 3 5 , 0 0 0 \ If this amount includes fore1an arants check here

(Grants and allocations
$
Total of Program Service Expenses (should equal line 44, column (8), Program services)

723021
12-27-07

SEE STATEMENT 2

.... [XI
5,172,467.
Form 990 (2007)

Form 990 (2007)

I Part 1VI Balance Sheets

THE HEARTLAND INSTITUTE

36-3309812

Note: Where reqwred, attached schedules and amounts w1thm the descnpt1on column
should be for end-of-year amounts only

45

Cash non-rnterestbearing

46

Savrngs and temporary cash investments

47 a Accounts recervable

(A)
Begrnnrngof year

500,352.

(B)
End of year

45

1,214.

46

10,626.

47a

b Less: allowance for doubtful accounts

47b

48 a Pledges receivable
b Less: allowance for doubtful accounts

48b

49

Page4

(See the mstruct1ons)

8,468.

47c

10,626.

48a
48c
49

Grants receivable

50 a Receivables from current and former offrcers, drrectors, trustees, and

50a

key employees
b Receivables from other drsqualifred persons (as defrned under sectron

en

ien
en

50b

4958(1)(1)) and persons described rn sectron 4958(c)(3 (B)

51 a Other notes and loans receivable

c:(

b Less allowancefor doubtful accounts

52

Inventories for sale or use

53

Prepard expenses and deferred charges

-I 51a
51b

51c
52

18,222.
~ D
~ D

54 a Investments publicly-traded securitres

b Investments other securitres

53

Cost

DFMV

54a

Cost

DFMV

54b

45,923.

55 a Investments land, burldrngs, and

equrpment: basrs
b Less accumulated deprecratron
Investments other
57 a Land, burldrngs, and equrpment basrs

55a
55c

55b

56

56

b Less: accumulated deprecratron

GI

:a
ca

Grants payable

61

62

Deferred revenue

62

63

Loans from offrcers, drrectors, trustees, and key employees

60

63
64b

b Mortgages and other notes payable

Other lrabrlitres(describe ~

65

[X]

32,588.

66

258,559.

535,113.

67

<113,345.

>

<113,345.
145,214.

>

and complete lines

67 through 69 and lrnes 73 and 74.

67

Unrestricted

68

Temporarily restncted

69
Permanently restncted
Organizations that do not follow SFAS 117, check here

68
69

~ Dand

complete lrnes 70 through 74 .

Caprtal stock, trust pnncrpal, or current funds

71
72
73

Pard-rn or caprtal surplus, or land, burldrng, and equrpment fund

Total net assets or fund balances. Add lrnes67 through 69 or Imes70 through 72

74

(Column (A) must equal lme 19 and column (8) must equal lme 21)
Total liabilities and net assets/fund balances. Add Imes66 and 73

59

64a

64 a Tax-exempt bond lrabrlrtres

GI

GI

6,000.
145,214.
258,559.

Accounts payable and accrued expenses

en

c:(

58

61

SECURITY DEPOSIT

70

en
en

6,000.
567.701.
32,588.

60

u.

...
0

81,451.

Total assets (must eaual line 74). Add lines 45 throuah 58

Total liabilities. Add lines 60 throuah 65

66
Organizations that follow SFAS 117, check here~

'C
c:::,

57c

59

65

34,659.

Other assets,rncludrngprogram-relatedinvestments

:J

en
GI
u
c
ca
iii

57b

216,821.
135,370.

58

(describe ~

en

I 57a I

70
71
72

Retarned earnings, endowment, accumulated rncome, or other funds

535,113.
567.701.

73
74

Form 990 (2007)

723001
12-27-07

THE HEARTLAND INSTITUTE

Form990 2007

Part IV-A

Reconciliation

of Revenue per Audited Financial Statements

36-3309812

Page5

With Revenue per Return (See the

instructions)

Total revenue, gains, and other support per audited f1nanc1alstatements

Amounts included on line a but not on Part I, line 12:

1 Net unrealized gains on investments

b1

2 Donated services and use of fac1l1t1es

b2

3 Recoveries of prior year grants

4 Other (specify)

b3
b4

Add lines b1 through b4

Subtract line b from line a

Amounts included on Part I, line 12, but not on line a:

1 Investment expenses not included on Part I, line 6b

2 Other (specify):

d2
d

Total revenue (Part I line 12\. Add lines c and d

Total expenses and losses per audited financial statements

Amounts included on line a but not on Part I, line 17:

Reconciliation

of Expenses per Audited Financial Statements

1 Donated services and use of fac11it1es

.... e
a

b2
b3
b4

Add lines b1 through b4

Subtract line b from line a

Amounts included on Part I, line 17, but not on line a:

2 Other (specify):

5,865,342.

0.
5,865,342.

Id1 I
d2
d

Add lines d1 and d2

.... e

Total exoenses (Part I line 17l. Add lines c and d

I Part V-A I

0.
.

b1

3 Losses reported on Part I, line 20

4 Other (specify):

1 Investment expenses not included on Part I, line 6b

5,216,884

With Expenses per Return

2 Prior year adJustments reported on Part I, line 20

0.
5,216,884.

Id1 I

Add lines d1 and d2

I Part IV-BI

5,216,884.

5,865,342

0.
.

Current Officers, Directors, Trustees, and Key Employees (List each person who was an officer, director, trustee,
or key employee at any time during the year even 1fthey were not compensated.) (See the instructions)
(B) Title and averagehours (C) Compensation (D)contnbut,ons
to
(E) Expense
1
accountand
(A) Nameand address
per weekdevotedto
(II not paid, enter ~';'fn
pos1t1on
-0-.)
compensation
plans other allowances

~ie:;:i:;:::ll

SEE STATEMENT 3

172,629.

0.

0.

Form990 (2007)
723041 12-27-07

Form 990 (2007)

I Part

VA

36 - 3309812

THE HEARTLAND I NSTITUTE

Current Officers, Directors, Trustees, and Key Employees (conttnued)

Page6

Yes

75 a Enter the total number of officers, directors, and trustees permitted to vote on organization business at board
meetings

....

No

16

b Are any officers, directors, trustees, or key employees listed 1nForm 990, Part VA, or highest compensated employees
listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A,
Part llA or 11-B,related to each other through family or business relat1onsh1ps?If 'Yes,' attach a statement that 1dent1f1es
the 1nd1v1dualsand explains the relat1onsh1p(s)
SEE STATEMENT 4

75b

c Do any officers, directors, trustees, or key employees listed 1nForm 990, Part VA, or highest compensated employees
listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed 1nSchedule A.
Part llA or llB, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the
organization? See the 1nstruct1onsfor the def1n1t1onof "related organization."

75c

75d

If 'Yes,' attach a statement that includes the 1nformat1ondescribed in the 1nstruct1ons.

d Does the oraanizat1on have a written conflict of interest oolicv?

I Part V-Bl

Form~r Officers, Directors, Trustees, and Key Employees That Received Compensation or Other
Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below) during
the year, list that person below and enter the amount of compensation or other benefits 1nthe appropriate column. Seethe instructions.)
(C) Compensation (0) Contnbutoons to
(E) Expense
employee benefit
(B) Loansand Advances
(A) Nameand address
(11not paid,
accountand
plans & deferred
enter -0-)
comoensat1on clans other allowances

LEE WALKER
8086 SOUTH GARFIELD AVENUE
BURR RIDGE, IL 60527

31,000.

0.

0.

0.

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------r

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------I Part VI I

Other Information

Yes

(See the mstruct,ons)

76

Did the organization make a change 1nits act1v1t1esor methods of conducting act1v1t1es?If 'Yes,' attach a detailed

77

Were any changes made 1nthe organizing or governing documents but not reported to the IRS?

If 'Yes,' attach a conformed copy of the changes.

78 a Did the organ1zat1onhave unrelated business gross income of $1,000 or more dunng the year covered by this return?
b If 'Yes,' has 1tfiled a tax return on Form 990- T for this year?

79

Was there a hqu1dat1on,d1ssolut1on,term1nat1on,or substantial contraction during the year? If 'Yes,' attach a statement

BOa Is the organization related (other than by assoc1at1onwith a statewide or nat1onw1deorgan1zat1on)through common
membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organ1zat1on?
N/A
b If 'Yes,' enter the name of the organ1zat1on....
and check whether It 1s
exemptor
nonexempt
0.
I 81a I
81 a Enter direct and 1nd1rectpolitical expenditures (See line 81 instructions.)
b Did the oraanizat1on file Form 1120-POL for this vear?

723161/12-27-07

x
x

76
77

statement of each change

7Ba
7Bb
79
BOa

No

x
x

x
x

81b
Form 990 (2007)

"

THE HEARTLAND INSTITUTE

Form 990 (2007)

! Part

VI

Other Information

Page 7

3 6 - 3 3 0 9 812

Yes No

(contmued)

82 a' Did the organ1zat1onreceive donated services or the use of matenals, equipment, or fac11it1esat no charge or at substantially
less than fair rental value?

82a

b If 'Yes,' you may 1nd1catethe value of these items here. Do not include this
amount as revenue 1n Part I or as an expense 1nPart II.

I 82b I

(See instructions 1nPart Ill.)

N/A

83 a Did the organ1zat1oncomply with the public inspection requirements for returns and exemption applications?

83a

b Did the organ1zat1oncomply with the disclosure requirements relating to qwd pro quo contnbut1ons?

83b

X
X
X

84a

84 a Did the organization sol1c1tany contnbut1ons or gifts that were not tax deductible?
b If 'Yes,' dtd the organ1zat1oninclude with every solic1tat1onan express statement that such contnbut1ons or gifts were not

N/ A
N/ A
N/ A

tax deductible?
85 a 501 (c)(4), (5), or (6). Were substantially all dues nondeductible by members?
b Did the organ1zat1onmake only in-house lobbying expenditures of $2,000 or less?

84b
85a
85b

If 'Yes' was answered to either 85a or 85b, do not complete 85c through 85h below unless the organ1zat1onreceived a
waiver for proxy tax owed for the pnor year.
c Dues, assessments, and s1m1laramounts from members

N/A
i--:c8:c5c=-+-----'-;-=------1

d Section 162(e) lobbying and political expenditures

N/A
85,,_,d=-+----.=..:.::..,..=.=------!

N/A
e Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices
r-=-85::..:e=-+-------''.-=----i
N/A
I Taxable amount of lobbying and pol1t1calexpenditures (line 85d less 85e)
l..-"8.,,_51:.....1.
____
.=..:.::..,.::.=----l
N/A
85a
g Does the organ1zat1onelect to pay the section 6033(e) tax on the amount on line 85f?
h If section 6033(e)(1)(A) dues notices were sent, does the organ1zat1onagree to add the amount on line 85f
to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the
N/A
85h
following tax year?
86

501(c){7) orgamzat1ons Enter: a ln1t1at1onfees and capital contnbut1ons included on

87

87a

N/A
N/A
N/A

87b

N/ A

86a

line 12

86b

b Gross receipts, included on line 12, for public use of club fac11it1es
501(c)(12) orgamzat1ons Enter: a Gross income from members or shareholders

b Gross income from other sources (Do not net amounts due or paid to other sources
against amounts due or received from them.)

88 a At any time dunng the year, did the organ1zat1onown a 50% or greater interest In a taxable corporation or partnership,
or an entity disregarded as separate from the organization under Regulations sections 301.77012 and 301.7701-3?
88a

.... 88b

If 'Yes,' complete Part IX

b At any time dunng the year, did the organization, directly or 1nd1rectly, own a controlled entity within the meaning of
section 512(b)(13)? If 'Yes,' complete Part XI
89 a 501 (c)(3) organizations

Enter: Amount of tax imposed on the organ1zat1ondunng the year under:

0 , sectlOn4912..,.

section4911..,.

_______ 0

0 , section4955 ..,.

__::.....:._

b 501(c)(3) and 501(c)(4) organizations. Did the organization engage in any section 4958 excess benefit
transaction dunng the year or did rt become aware of an excess benefit transaction from a prior year?

89b

If 'Yes,' attach a statement explaining each transaction

c Enter: Amount of tax imposed on the organ1zat1onmanagers or d1squal1f1edpersons dunng the year under
sections 4912, 4955, and 4958
.... _______

__:o:....c..

..,. ______
.::...o-=-.
d Enter: Amount of tax on line 89c, above, reimbursed by the organ1zat1on
e A// organizations At any time dunng the tax year, was the organ1zat1ona party to a proh1b1tedtax shelter transaction?
89e
I A// orgamzat1ons. Did the organ1zat1onacquire a direct or indirect interest 1nany applicable insurance contract?
891
g For supportmg organizations and sponsonng orgamzat1ons mamtammg donor advised funds Did the supporting organ1zat1on,
or a fund ma1nta1nedby a sponsonng organ1zat1on,have excess business holdings at any time dunng the year?
89a

90 a List the states with which a copy of this return 1sfiled

..,._I_L
_________________

a Thebooksaremcareol..,. THE HEARTLAND INSTITUTE

Locatedat ....

19

SOUTH LA SALLE

STREET,

#903,

I 9Db I

Telephoneno..,.

CHICAGO,

IL

19
312)

ZIP+4

377-4000
.... 60603

Yes No

b At any time dunng the calendar year, did the organization have an interest 1nor a signature or other authonty over
a financial account in a foreign country (such as a bank account, secunt1es account, or other f1nanc1alaccount)?
If 'Yes,' enter the name of the foreign country ....

~--~----------

b Number of employees employed 1nthe pay penod that includes March 12, 2007
91

X
X

91b

N/A

See the 1nstruct1ons for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank
and Financial Accounts

Form990 (2007)

723162 / 12-27-07

THE HEARTLAND INSTITUTE

Form 990 2007

Part VI

Other Information

36-3309812

(contmued)

At any time during the calendar year, d1d the organization ma1nta1nan office outside of the United States?
If 'Yes,' enter the name of the foreign country .... ____
N---'-/_A
__________________

Section 4947(a)(1) nonexempt chantable trusts fl/mg Form 990 m lieu of Form 1041- Check here
and enter the amount of taxexemot interest received or accrued dunno the tax vear
I Part VII Analysis of Income-Producing Activities (See the mstruct1ons)
Excluded by section
Unrelatedbusinessincome
Note: Enter gross amounts unless otherwise

92

(A)
Business
code

md1cated

93 Program service revenue:

a PUBLICATIONS/RESEARCH

(B)
Amount

(C)

Exclus1on
code

91c

....o

..,.I 92 I

N/A

512, 513, or 514

(E)
Relatedor exempt
tunction income

(0)
Amount

48,175.

511110

140,960.

POLICY BOT/INTERNET
c PUBLICATIONS/RESEARCH
d SPEAKERS BUREAU
b

e
f Med1care/Med1ca1dpayments

g Fees and contracts from government agencies

26,157.
34,587.

Membership dues and assessments

Interest on savingsand temporarycash investments

94
95
96
97

D1v1dendsand interest from secunt1es

Net rental income or (loss) from real estate

a debt-financed

property
not debt-financed property

b
98
99
100

Net rental income or (loss) from personal property

Other investment income
Gain or (loss) from sales of assets

other than inventory

101 Net income or (loss) from special events
102 Gross profit or (loss) from sales of inventory
103 Other revenue.

a
b

c
d

e
104 Subtotal (add columns (B). (D), and (E))
105 Total (add line 104, columns (B), (D), and (E))
Note: Lme 105 plus /me 1e, Part I, should equal the amount on /me 12, Part I

48,175.

I Part VIII I Relationship of Activities to the Accomplishment

..

Line No.

93A
93B
94
95

I Part

IX

of Exempt Purposes

201,704.
2_4_9__._,
_8_7_9_.

0.
....___
(See the mstruct1ons)

Explainhow eachact1v1ty
for which income1sreportedin column (E) of PartVIIcontributedimportantlyto the accomplishmentof the organ1zat1on's
exemptpurposes(other than by providingfunds for such purposes)

ANNUAL FUNDRAISER & OTHER PUBLIC EVENTS EDUCATES ATTENDEES AS WELL AS

HEARTLAND DISSEMINATES ITS RESEARCH THRU PUBLICATIONS & PUBLIC EVENTS.
MEMBER DUES QUALIFY MEMBERS FOR FREE PUBLICATIONS & EVENT DISCOUNTS.
INTEREST IS EARNED INCIDENTAL TO FUNDRAISING & PROGRAM ACTIVITIES.

Information

Regarding Taxable Subsidiaries and Disregarded Entities

(A)

Name,address,and EINof corporation.

oartnersh10,or d1sreoardedent1tv

(Iii

\DJ

Percentageof
ownershipinterest

Natureof act1V1t1es

(See the mstruct1ons)

(UJ

(t:J

Total income

End-of-(!ear
asses

N/A

%
%
%

IPartX I

Information

Regarding Transfers Associated with Personal Benefit Contracts

(See the mstruct1ons)

(a) Did the organization,during the year, receiveany funds, directly or indirectly,to pay premiumson a personalbenefitcontract?

during the year. pay premiums,directly or indirectly,on a personalbenefitcontract?

(b) Did the organ1zat1on.
Note: If "Yes" to (b), file Form 8870 and Form 4720 (see mstruct1ons).

Dves
Dves

[Kl
[Kl

No
No

Form 990 (2007)

723163
12-27-07

Form990

THE HEARTLAND INSTITUTE

2007

Part XI

36-3309812

Pa e9

Information

Regarding Transfers To and From Controlled Entities. Complete only if the organization is a
control/mg organization as defined m section 512(b)(13).
N/ A
Yes

106

No

Did the reporting organ1zat1on make any transfers to a controlled entity as defined 1nsection 512(b)(13) of the Code? If 'Yes,'
com lete the schedule below for each controlled ent1t
(A)
Name, address, of each
controlled entity

(B)
Employer
ldent1llcation
Number

(C)
Description
transfer

(D)
Amount of
transfer

of

Totals

Yes No
107

Did the reporting organ1zat1on receive any transfers from a controlled entity as defined 1nsection 512(b)(13) of the Code? If 'Yes,'
com lete the schedule below for each controlled ent1t
(A)
Name, address, of each
controlled entity

(B)
Employer
ldent1l1cation
Number

(C)
Description
transfer

(D)
Amount of
transfer

of

Totals

Yes No
108

Did the organization have a binding written contract 1neffect on August 17, 2006, covering the interest, rents, royalties, and
ve examined this return, mcludmg accompanying schedules and statements, and to the best of my knowledge and belief, 1t 1s true, correct,
n all 1nformat1 of which preparer has any knowledge

"""""'11""11M.D
offic
Please
Sign
Here

~
~

Date
Typeor
Prepare(s SSN or PTIN (See Gen Inst X)

Phoneno ~

723164/12-27-07

847

605-0700
Form990 (2007)

SCHEDULE A

Organization

(For~ 990 or 990-EZ)

Exempt Under Section 501 (c)(3)

(ExceptPrivateFoundation)and Section501(e), 501(f), 501(k),

501(n), or 4947(a)(1)NonexemptCharitableTrust

Supplementary

Department of the Treasury

Internal Revenue Service

Nameof the organization

lnformation-(See

Compensation

2007

separate instructions.)

MUSTbe completedby the aboveorganizationsand attachedto their Form990 or 990-EZ

Employeridentificationnumber

THE HEARTLAND INSTITUTE

Part I

OMS No 1545-0047

36 3309812

of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees

(Seepage1 of the instructionsList eachone II therearenone,enter'None')

(d) Contnbut,ons to
(e) Expense
(a) Nameandaddressof eachemployeepaid
(b) Titleandaveragehours
1
(c) Compensation ~';'fn
~l~~:~t accountandothe
morethan$50,000
per wei~s~f~~tedto
compensation
allowances

NICOLETTE M COMERFORD
MANAGER
597 GREEN OAKS DRIVE,CRYSTAL LAKE, II
40.00
MANAGER
RALPH W CONNER
313 N 5TH, MAYWOOD,IL
60153
40.00
LATREECE VANKINSCOTT
W/P HUMANRES
40.00
5127 W GLADYS FLOOR 2 CHICAGO, IL
KEVIN M. FITZGERALD
VP PROGRAMS
40.00
1934 N. LEAVITT #2 CHICAGO, IL 60647TREVOR R. MARTIN
VP GOVT REL.
3270 N LAKE-SHORE DR #13E-CHICAGO-IL40.00
Totalnumberof otheremployeespaid
over$50,000

I Part

HA

I Compensation

~
7
of the Five Highest Paid Independent Contractors

64,035.
68,293.
69,747.
80,065.
72,040.
for Professional Services

(Seepage2 of the instructionsListeachone(whetherind1v1duals

or firms) If thereare none enter'None')
(b) Typeof service

(a) Nameand addressof eachindependent

contractorpaidmorethan$50,000

MS. ALEXANDRA LIDDY BOURNE

RESEARCH, WRITING
& SPEAKER ON ENV
9321 OLD MANSION ROAD, ALEXANDRIA, VA 22309
MR.S.T.
KARNICK
SENIOR EDITOR FOR
402 NORTH GREENLEE-DRIVE, INDI-ANAPOLIS ;-I-N- - 462 341FIVE PUBLICATION
MANAGING EDITOR
MR. JAMES M. TAYLOR
!FOR MONTHLYPUBLI
3718 162ND AVENUE EAST, PARRISH, FL 34219
MANAGING EDITOR
MS. KARLA SCHNEEBERGER
!FOR TWO PUBLICATI
5056 HARVEST ROAD, COLORADO SPRINGS, CO 80917
Totalnumberof othersreceivingover
$50,000for professionalservices

I Part U-B 1 Compensation

(c) Compensatmn

90,500.
00, 400.
71,750.
54,000.

I
4

of the Five Highest Paid Independent Contractors

for Other Services

(List eachcontractorwhoperformedservicesotherthanprofessionalservices,whetherind1v1duals
or
firms II therearenone,enter'None' Seepage2 of the instructions)
(b) Typeof service

(a) Nameand addressof eachindependent

contractorpaidmorethan$50.000

(c) Compensation

NONE

Totalnumberof othercontractorsreceivingover
$50,000for otherservices

123101112-21-01

~I

LHA For PaperworkReductionAct Notice,see the Instructionsfor Form990 and Form990-EZ

ScheduleA (Form990 or 990-EZ)2007

..
IPart HI I Statements

3 6- 3 3 0 9 812
About Activities (Seepage2 of the instructions)

Page2

Yes No

Duringthe year,hasthe organizationattemptedto influencenational.state,or local leg1slat1on,

mcludmgany attemptto influence
public opm1onon a leg1slat1ve
matteror referendum?If "Yes,"enterthe total expensespaidor incurredm connectionwith the
lobbyingact1v1t1es
~ $
$
(Mustequalamountson lme38, PartVI-A,or
lmei of PartVI-B )
Organizations
that madean electionundersection501(h) by f1lmgForm5768 must completePartVI-A Otherorganizations
checking"Yes"must completePartVI-BANDattacha statementg1vmga detaileddescriptionof the lobbyingact1v1t1es
2 Duringthe year.hasthe organization,eitherdirectlyor md1rectly,engagedmany of the followingacts with any substantialcontributors,
or with anytaxableorganizationwith whichany such
trustees,directors,officers.creators,keyemployees,or membersof their fam1l1es.
(If the answer to any question is "Yes,"
person1saffll1ated
as an officer.director,trustee,maJorityowner,or principalbenef1c1ary?
attach a detailed statement explaining the transactions.)
a Sale.exchange,or leasingof property?
b Lendmg of moneyor otherextensionof credit?
c Furn1shmgof goods,services,or fac1l1t1es?
d Paymentof compensation(or paymentor reimbursementof expenses1fmorethan $1,000)?

e Transferof any part of its incomeor assets?

2a
2b
2c
2d

3a
3b

x
x

3c
3d

x
x

c Didthe organizationreceiveor hold an easementfor conservationpurposes,mcludmgeasementsto preserveopenspace.

the environment.historiclandareasor historicstructures?If "Yes,"attacha detailedstatement
d Didthe organizationprovidecreditcounseling,debt management,credit repair,or debt negot1at1on
services?
4 a Didthe orgamzatmnmamtamanydonor advisedfunds? If 'Yes,"completeImes4b through4g If "No,'completeImes41
and 4g
b Didthe organizationmakeanytaxabled1stribut1ons
undersection4966?
c Didthe organizationmakea d1stribut1on
to a donor. donor advisor.or relatedperson?
d Enterthe total numberof donor advisedfunds ownedat the end of the tax year
e Enterthe aggregatevalueof assetsheld m all donor advisedfunds ownedat the end of the taxyear
f Enterthe total numberof separatefunds or accountsownedat the end of the year(excludingdonor advisedfunds includedon
lme4d) wheredonorshavethe right to provideadviceon the d1stribut1on
or investmentof amountsm such funds or accounts
g Enterthe aggregatevalueof assetsmall funds or accountsincludedon lme41at the end of thetax year

4a
4b
4c

N/A
N/A
~
~
~

X
X

2e

3 a Didthe organ1zat1on
makegrantsfor scholarships,fellowships,studentloans,etc ? (If "Yes,'attachan explanationof how
the organizationdeterminesthat rec1p1ents
qualifyto receivepayments)
b Didthe organizationhavea section403(b) annuityplanfor its employees?

x
x

x
0
0.
0.
0

ScheduleA (Form990 or 990-EZ)2007

723111
12-27-07

3 6- 3 3 0 9 8 12

!P~

IV

I Reason

for Non-Private

Page3

Foundation Status (Seepages4 through8 of the instructions)

I certifythat the organization1snot a privatefoundationbecause1t1s (Pleasecheckonly ONEapplicablebox)

5
A church,conventionof churches,or assoc1at1on
of churchesSection170(b)(1)(A)(1)
6
A school Section170(b)(1)(A)(11)
(AlsocompletePartV)
7
A hospitalor a cooperativehospitalserviceorganizationSection170(b)(1)(A)(111)
8
A federal,state,or localgovernmentor governmentalunit Section170(b)(1)(A)(v)
9
A medicalresearchorganizationoperatedin con1unct1on
with a hospital Section170(b)(1)(A)(111)
Enterthe hospital's name, city,
and state ~
10
An organizationoperatedfor the benefitof a collegeor universityownedor operatedby a governmentalunit Section170(b)(1)(A)(1v)
(Alsocompletethe SupportSchedulein PartIV-A)
11a
An organizationthat normallyreceivesa substantialpart of its supportfrom a governmentalunit or from the generalpublic
Section170(b)(1)(A)(v1)(Alsocompletethe SupportSchedulein PartIV-A)
11b
A communitytrust Section170(b)(1)(A)(v1)(Alsocompletethe SupportSchedulein Part IV-A)
12
[X] An organizationthat normallyreceives(1) more than 331/3% of its supportfrom contributions,membershipfees.andgross
receiptsfrom act1v1t1es
relatedto its charitable,etc, functions- subJectto certainexceptions,and (2) no more than 33 1/3% of
its supportfrom gross investmentincomeand unrelatedbusinesstaxableincome(lesssection511 tax) from businessesacquired
by the organizationafterJune30, 1975 Seesection509(a)(2) (Alsocompletethe SupportSchedulein PartIV-A)

D
D
D
D
D

D
D
D

13

An organizationthat 1snot controlledby anyd1squal1f1ed

persons(otherthanfoundationmanagers)and otherwisemeetsthe requirements
of section
509(a)(3) Checkthe boxthat describesthe type of supportingorganization
TypeI
TypeII
TypeIll-FunctionallyIntegrated
TypeIll-Other

Providethe following informationaboutthe supportedorganizations.(Seepage8 of the instructions)

(a)
Name(s)of supportedorganization(s)

(b)
Employer
identification
number(EIN)

(c)
Typeof organization
(describedin lines
5 through12 above
or IRCsection)

(d)
Is the supported
organizationlisted in
the supporting
organization's
governingdocuments?
Yes

No

Total
14

(e)
Amountof
support

An organizationorganizedand operatedto test for publicsafety Section509(a)(4) (Seepage8 of the instructions)

ScheduleA (Form990 or 990-EZ)2007

723121
12-27-07

ScheduleA (Form990 or 990-EZ)2007 THE HEARTLAND INSTITUTE

36-3
309 812
Page4
Support Schedule (Complete only If you checked a box on line 10, 11, or 12.) Use cash method of accounting.
N ote: You mav use th e wo rksh eetm the mstruc ttons ~or convertmc firom the accrual to the cash method o f accountma
Calendaryear (or hscal year
beginningin)
(b) 2005
(a) 2006
(c) 2004
(d) 2003
(e) Total
15 Gifts,grants.andcontributions
received(Do not includeunusual
2,492,169.
2,242,948.
1,753,416.
1,546,170.
8,034,703.
grants Seelme28 )
25,279.
29,943.
33,196.
28,945.
117,363.
16 Membershipfeesreceived

!Part.IV"'Aj

....

17

Grossreceiptsfrom adm1ss1ons.
merchandisesold or services
performed,or furmshmgof
m anyact1v1ty
that 1s
fac1l1t1es
relatedto the orgamzat1on's
charitable,etc, purpose

18

Grossincomefrom interest,d1v1dends,amountsreceivedfrom paymentson securitiesloans(section

512(a)(5ll rents,royalties.income
from s1m1
ar sources,and unrelated
businesstaxableincome(less
section511 taxes)from businesses
acquiredb~the organization
after
June30, 1 75
Netincomefrom unrelatedbusiness
act1v1t1es
not includedm lme18
Taxrevenuesleviedfor the
organization'sbenefitandeither
paidto 1tor expendedon its behalf

19
20
21

22
23
24
25
26

187,267.

246,591.

42,973.
<23,535.1>

Thevalueof servicesor fac1l1t1es

furnishedto the organizationby a
governmentalumtwithoutcharge
Donot includethe valueof services
or fac1l1t1es
generallyfurnishedto
the publicwithoutcharge
Otherincome Attacha schedule
Donot includegamor (loss)from
saleof capitalassets
Totalof Imes15 through22
2,724,153.
Lme23 mmuslme17
2,536,886.
Enter1% of lme23
27,242.

211,980.

2,819.

1, 401.
<113,680.

316,026.

>

<93,628.

1,700.

I>

<92,239.1>

SEE STATEMENT
2,407,203.
2,160,612.
24,072.

15,000.
1,922,783.
1,710,803.
19,228.

961,864.

48,893.

>

<323,082.

5
15,000.
8,854,741.
7,892,877.

1,800,602.
1,484,576.
18,006.

....

N/A
26a
Organizationsdescribedon Imes10 or 11: a Enter2% of amountm column(e), lme24
b Preparea list for your recordsto showthe nameof andamountcontributedby eachperson(otherthana governmental
umt or publiclysupportedorganization)whosetotal gifts for 2003through2006exceeded
the amountshownm lme26a
N/A
26b
Donot file this list with your return. Enterthe total of all theseexcessamounts
N/A
26c
c Totalsupportfor section509(a)(1)test Enterlme24,column(e)
19
d Add Amountsfrom column(e) for Imes 18
N/A
26d
22
26b
N/A
26e
e Publicsupport(lme26c mmuslme26dtotal)
N/A
261
f Publicsuooortoercentaaetime 26e (numerator)divided bv lme 26c (denominator))
person,'preparea list for your
27
Organizationsdescribedon line 12. a Foramountsincludedm Imes15, 16,and 17that werereceivedfrom a "d1squal1f1ed
recordsto showthe nameof, andtotalamountsreceivedm eachyearfrom, each"d1squal1f1ed
person Donot file this list with your return Enterthe sum of
suchamountsfor eachyear
309,392.
2, 869,
522.
(2004)
3 4 9, 6 3 3.
(2003)
(2006)
9 5 3 , 2 0 0 (2005)

....
....

....
....
....

persons"),preparea list for your recordsto showthe nameof,

b Foranyamountincludedm lme17 that wasreceivedfrom eachperson(otherthan"d1squal1fled
andamountreceivedfor eachyear.that wasmorethanthe larger of (1) the amounton lme25 for the yearor (2) $5,000 (Includem the list organizations
Donot file this list with your return Aftercomputingthe differencebetweenthe amountreceivedand
describedm Imes5 through11b,as wellas md1v1duals)
the largeramountdescribedm (1) or (2), enterthe sum of thesedifferences(theexcessamounts)for eachyear
0.
0.
(2003)
(2006)
0.
(2005)
0.
(2004)
c AddAmountsfromcolumn(e)forlmes
15
8,034,703.
16
117,363.
17
96 1 , 864
20
21
1)111,-27c
9 11 3 9 3 0
t--..c....-;~~~--::-:~=-:---d Add Lme27atotal
4 , 4 81 , 7 4 7
and lme27btotal
O
1)111,-27d
4 , 481 747
1--"-'.=.....f--~-'-~--'---~

e Publicsupport(lme27ctotal mmuslme27dtotal)
1)111,t-2_7'""e-+-_4__..,_6_3_2...,,_1_8_3_.
f Totalsupportfor section509(a)(2)test Enteramounton lme23, column(e)
1)111,- 271
8 , 8 5 4 , 7 41
1)111,-27
5 2 313 0 %
g Publicsupportpercentage(lme 27e (numerator)divided by line 271(denominator))
1)111,-27h
55 22%
h Investmentincome ercenta e line 18 column e numerator dividedb lme 271 denominator
describedm lme 10, 11, or 12 that receivedanyunusualgrantsduring2003through2006,preparea list for your recordsto
28 UnusualGrants:Foran organization
show.for eachyear,the nameof the contributor,the dateandamountof the grant,anda briefdescriptionof the natureof the grant Donot file this list with your
return Donot includethesegrantsm lme 15
723131 12-27-07

NONE

Schedule A (Form 990 or 990-EZ) 2007

.,

'

ScheduleA (Form990 or 990-EZ)2007 THE

!Part V l

29

3 6- 3 3 0 9 8 12

INSTITUTE

Doesthe organization
havea raciallynondiscriminatory
policytowardstudentsby statementin its charter,bylaws,othergoverning
instrument,or in a resolutionof its governingbody?
policytowardstudentsin all its brochures.catalogues,
Doesthe organizationincludea statementof its raciallynond1scnminatory
with the publicdealingwith studentadm1ss1ons.
programs.and scholarships?
and other writtencommunications
policythroughnewspaperor broadcastmediaduringthe periodof
Hasthe organizationpublicizedits raciallynond1scnminatory
penod1f1thasno sol1c1tat1on
program,in a waythat makesthe policyknown
sol1c1tat1on
for students.or duringthe reg1strat1on
to all parts of the generalcommunity1tserves?
If "Yes,'pleasedescribe,1f"No,"pleaseexplain (If you needmorespace,attacha separatestatement)

30
31

32

HEARTLAND

Private School Questionnaire (Seepage9 of the instructions)

(To be completed ONLY by schools that checked the box on line 6 in Part IV)

maintainthefollowing
Doesthe organ1zat1on
of the studentbody,faculty,andadm1nistrat1ve
staff?
a Recordsindicatingthe racialcompos1t1on
b Recordsdocumentingthat scholarshipsand otherfinancialassistanceareawardedon a raciallynondiscriminatorybasis?
to the publicdealingwith student
and otherwrittencommunications
c Copiesof all catalogues,brochures,announcements.
adm1ss1ons,
programs,andscholarships?
d Copiesof all materialusedby the organizationor on its behalfto solicitcontributions?
If you answered'No' to any of the above,pleaseexplain (If you needmorespace.attacha separatestatement)

33
a
b
c
d
e
f
g
h

Page5

N/A
Yes No
29
30

31

32a
32b
32c
32d

Doesthe organization
d1scnmmate
by racein any waywith respectto
Students'rightsor privileges?
Adm1ss1ons
pol1c1es?
Employmentof facultyor admin1strat1ve
staff?
Scholarshipsor otherfinancialassistance?
Educationalpol1c1es?
Useof fac111t1es?
Athleticprograms'
Otherextracurricularact1v1t1es?
If you answered'Yes'to any of the above,pleaseexplain (If you needmorespace.attacha separatestatement)

33a
33b
33c
33d
33e
331
33a
33h

34 a Doesthe organizationreceiveanyfinancialaid or assistancefrom a governmental

agency?
b Hasthe organization'srightto suchaid everbeenrevokedor suspended?
If you answered'Yes'to either34aorb, pleaseexplainusingan attachedstatement
35
Doesthe organization
certifythat 1!hascompliedwith the applicablerequirements
of sections4 01 through4 05 of Rev Proc 75-50,
If 'No,' attachan explanation
1975-2CB 587,coveringracialnond1scriminat1on?

34a
34b

35
ScheduleA (Form990 or 990-EZ)2007

723141
12-27-07

'

ScheduleA (Form 990 or 990-EZ)2007 THE

Part VI ...A

HEARTLAND

INSTITUTE

3 6 - 3 3 0 9 812

Pa e 6

N/A

Lobbying Expenditures by Electing Public Charities (Seepage11 of the mstruct1ons)

(To be completedONLYby an el1g1ble
organizationthat filed Form5768)

check ~

If the oroanizat1on
belonasto

check

an aff1
11ated arouo

~ bD

Limits on Lobbying Expenditures

(Theterm 'expenditures'meansamountspaid or incurred)

If

vou checked"a" and limited control' orov1s1ons

aoolv
(a)
(b)
Aff1l1ated
group
To be completedfor all
totals
electingorganizations

N/A
36 Totallobbyingexpendituresto influencepublic opm1on(grassrootslobbying)
37 Totallobbyingexpendituresto influencea leg1slat1ve
body (direct lobbying)
38 Totallobbyingexpenditures(add Imes36 and 37)
39 Otherexemptpurposeexpenditures
40 Totalexemptpurposeexpenditures(add Imes38 and 39)
41 Lobbyingnontaxableamount Enterthe amountfrom the followingtableIf the amount on line 40 is The lobbying nontaxableamount is Not over $500,000

36
37
38
39
40

20% of the amount on line 40

over $500,000 but not over $1,000,000

$100,000 plus 15% of the excess over $500,000

OVer $1,000,000 but not over $1,500,000

$175,000 plus 10% of the excess over $1,000,000

OVer $1,500,000 but not over $17,000,000

$225,000 plus 5% of the excess over $1,500,000

over $17,000,000

$1,000,000

41

42 Grassrootsnontaxableamount(enter25% of lme41)
43 Subtractlme 42 from lme 36 Enter-0- 1flme42 1smore than lme 36
44 Subtractlme 41 from lme38 Enter-0-1f lme41 1smore than lme 38

42
43
44

Caution: If there is an amount on either /me 43 or /me 44, you must file Form 4720.

4-Year Averaging Period Under Section 501(h)

(Someorganizationsthat madea section501(h) electiondo not haveto completeall of the five columns
below Seethe mstruct1onsfor Imes45 through 50 on page13 of the mstruct1ons)
LobbyingExpendituresDuring4-YearAveraging Period
Calendaryear (or
fiscal year beginning in)

(a)
2007

(b)
2006

(c)
2005

N/A

(d)
2004

(e)
Total

45 Lobbyingnontaxable
amount
46 Lobbyingce1lmgamount
1150%of lme 45{el\
47 Totallobbying
exoend1tures
48 Grassrootsnontaxable
amount
49 Grassrootsce1lmgamount
1150%of lme 48{e))

0.
0.
0.
0.
0.

50 Grassrootslobbying
exoend1tures

! Part v1...
sl

0.

Lobbying Activity by Nonelecting Public Charities

N/A

(For reportingonly by organizationsthat did not completePartVI-A) (Seepage14 of the mstruct1ons)

Duringthe year,did the organizatmnattemptto influencenational,stateor localleg1slat1on,
mcludmgany attemptto
influencepublic opm1onon a leg1slat1ve
matteror referendum,throughthe use of
a Volunteers
b Paidstaff or management(Includecompensationm expensesreportedon Imesc through h.)
c Mediaadvertisements
d
e
I
g
h
i

Yes

No

Amount

Ma1lmgsto members,legislators,or the public

Publ1cat1ons.
or publishedor broadcaststatements
Grantsto other organizationsfor lobbyingpurposes
Directcontactwith legislators,their staffs,governmentoff1c1als,
or a leg1slat1ve
body
Rallies,demonstrations,seminars.conventions,speeches,lectures.or any othermeans
Totallobbyingexpenditures(Add Imesc through h )
If 'Yes' to any of the above.also attacha statementg1vmga detaileddescnpt1onof the lobbyingact1v1t1es

723151
1227-07

0.
ScheduleA (Form990 or 990-EZ)2007

'
ScheduleA (Form990 or 990-EZ)2007

IPart VII I Information

THE HEARTLAND INSTITUTE

Regarding Transfers To and Transactions

Exempt Organizations (Seepage14 of the instructions)

51
a

c
d

36-3 30 9 812
and Relationships

Didthe reportingorganizationdirectlyor indirectlyengagein any of the followingwith any otherorganizationdescribedin section

or in section527, relatingto pol1t1cal
organizations?
501(c) of the Code(otherthan section501(c)(3) organizations)
Transfersfrom the reportingorganizationto a noncharitable
exemptorganization
of
(i) Cash
(ii) Otherassets
other transactions
exemptorganization
(1) Salesor exchangesof assetswith a noncharitable
(II) Purchasesof assetsfrom a noncharitable
exemptorganization
(i11)Rentalof fac1l1t1es,
equipment.or otherassets
(iv) Reimbursement
arrangements
(v) Loansor loanguarantees
(vi) Performance
of servicesor membershipor fundraisingsollc1tat1ons
Sharingof fac1l1t1es.
equipment.mailinglists,otherassets,or paidemployees
If the answerto any of the above1s'Yes,'completethe followingscheduleColumn(b) shouldalwaysshowthe fair marketvalueof the
receivedlessthanfair marketvaluein any
goods.otherassets.or servicesgivenby the reportingorganizationIf the organization
transactionor sharingarrangement,showin column(d) the valueof the goods.otherassets,or servicesreceived

(a)
Lineno

(b)

Amountinvolved

(c)
Nameof noncharitable
exemptorganization

Yes

723152
12-27-07

x
x

b(i)
b(ii)
b(iii)
b(iv)
b(v)
b(vi)

x
x
x
x
x
x
x
N/ A

(d)
Descriptionof transfers,transactions.andsharingarrangements

(b)
Typeof organization

No

51a(i)
a(1i)

52 a Is the organizationdirectlyor indirectlyaff1l1ated

with, or relatedto, oneor moretax-exemptorganizations
describedin section501(c)of the
~
Code(otherthansection501(c)(3))or in section527?
b If 'Yes."completethefollowingschedule
N/ A
(a)
Nameof organization

Page7

With Noncharitable

Yes

[Kl

No

(c)
Descriptionof relat1onsh1p

ScheduleA (Form990 or 990-EZ)2007

TliE'~HEARTLAND INSTITUTE

36-3309812

CASH GRANTS AND ALLOCATIONS

TO OTHERS

FORM 990

CLASS OF ACTIVITY/DONEE'S

STATEMENT

NAME AND ADDRESS

AMOUNT

ENVIRONMENT & CLIMATE

NATURAL RESOURCES STEWARDSHIP PROJECT
P.O. BOX 23013
OTTAWA, ONTARIO K2A 4E2 CANADA

25,000.

ENVIRONMENT & CLIMATE

FRONTIER CENTRE FOR PUBLIC POLICY
ONE LOMBARDPLACE, SUITE 25 LOMBARDCONCOURSE
WINNIPEG, MANITOBA, R3B OX3 CANADA

25,000.

ENVIRONMENT & CLIMATE

NEW ZEALAND CLIMATE SCIENCE COALITION
1104 ONERIRI RD, R.D. 2
KAIWAKA, NORTHLAND, NEW ZEALAND 0573

25,000.

ENVIRONMENT & CLIMATE

SCIENCE & ENVIRONMENTAL POLICY PROJECT
1600 SOUTH EADS STREET #712-S
ARLINGTON, VA 22202-2907

15,000.

ENVIRONMENT & CLIMATE

INTERNATIONAL CLIMATE SCIENCE COALITION
PO BOX 304001
HAURAKI, NORTH SHORE CITY 0622, NEW ZEALAND

45,000.

TOTAL INCLUDED ON FORM 990,

PART II,

135,000.

LINE 22B

OTHER PROGRAMSERVICES

FORM 990

DESCRIPTION OF OTHER PROGRAM SERVICES

STATEMENT
GRANTS AND
ALLOCATIONS

UNRESTRICTED GRANTS TO 501C(3)AND OTHERS WITH

MISSIONS IN LINE WITH HEARTLAND INSTITUTE.

135,000.

TOTAL TO FORM 990,

135,000.

PART III,

LINE E

EXPENSES

STATEMENT(S) 1,

o.

1~E~HEARTLAND INSTITUTE

FORM 990

36-3309812

PART V-A - LIST OF CURRENT OFFICERS, DIRECTORS,

TRUSTEES AND KEY EMPLOYEES

TITLE AND
AVRG HRS/WK

NAME AND ADDRESS

JOSEPH BAST
600 EAST WILMETTE ROAD #124
PALATINE, IL 60074

PRESIDENT
40.00

ROBERT BUFORD
1333 N. KINGSBURY AVENUE #301
CHICAGO, IL 60622

DIRECTOR
0.00

PAUL FISHER
77 WEST WACKER DRIVE,
CHICAGO, IL 60601

STATEMENT

EMPLOYEE
BEN PLAN EXPENSE
CONTRIB ACCOUNT

COMPENSATION
96,292.

0.

0.

0.

0.

0.

DIRECTOR
0.00

0.

0.

0.

JAMES FITZGERALD
1629 COLONIAL PARKWAY
INVERNESS, IL 60067

DIRECTOR
0.00

0.

0.

0.

DAN HALES
711 OAK STREET, SUITE 102
WINNETKA, IL 60093

DIRECTOR
0.00

0.

0.

0.

WILLIAM HIGGINSON
990 NORTH LAKE SHORE DRIVE #llB
CHICAGO, IL 60611

DIRECTOR
0.00

0.

0.

0.

JAMES JOHNSTON
2143 CHESTNUT AVENUE
WILMETTE, IL 60091

DIRECTOR
0.00

0.

0.

0.

DIRECTOR
0.00

0.

0.

0.

DAVID PADDEN
100 WEST MONROE, SUITE 706
CHICAGO, IL 60603

DIRECTOR
0.00

0.

0.

0.

FRANK RESNIK
175 EAST DELAWAREPLACE
CHICAGO, IL 60611

DIRECTOR
0.00

0.

0.

0.

ELIZABETH ROSE
2110 GUY STREET
SAN DIEGO, CA 92103-1539

DIRECTOR
0.00

0.

0.

0.

ROY MARDEN
330 EAST 46TH STREET,
NEW YORK, NY 10017

SUITE 4400

SUITE 4J

STATEMENT(S) 3
--------------

,_ 'l'HE-' HEARTLAND INSTITUTE

HERBERT WALBERG
180 EAST PEARSON STREET,
3607
CHICAGO, IL 60611

36-3309812
CHAIRMAN
SUITE

RAJEEV BAL
501 WEST MICHIGAN
MILWAUKEE, WI 53201-3050

DIRECTOR
0.00

THOMAS WALTON
300 RENAISSANCE CENTER, MC
482-C27-C81
DETROIT, MI 48265-3000

DIRECTOR

BIJU GEORGE KULATHAKAL

211 EAST OHIO, # 603
CHICAGO, IL 60611

DIRECTOR
0.00

DIANE C. BAST
900 EAST WILMETTE RD.,#124
PALATINE, IL 60074

VICE PRESIDENT
40.00

TOTALS INCLUDED ON FORM 990,

0.

o.

0.

0.

0.

0.

0.

o.

0.

0.

0.

0.

76,337.

0.

0.

172,629.

0.

0.

0.00

0.00

PART V-A

STATEMENT(S) 3

 'l'ffE;. HEARTLAND INSTITUTE

EXPLANATION OF RELATIONSHIP
PART V-A, LINE 75B

FORM 990

INDIVIDUAL'S
JOSEPH L.

NAME

BAST

INDIVIDUAL'S
DIANE C.

36-3309812

NAME

BAST

STATEMENT

TITLE OR ROLE
PRESIDENT
TITLE OR ROLE
VICE PRESIDENT

EXPLANATION OF RELATIONSHIP
HUSBAND & WIFE AND FULL TIME KEY EMPLOYEES SINCE INCEPTION OF ORGANIZATION.

SCHEDULE A

DESCRIPTION

OTHER INCOME
2006
AMOUNT

STATEMENT
2004
AMOUNT

2005
AMOUNT

2003
AMOUNT

LAPSED TIME RESTRICTIONS

0.

0.

15,000.

0.

TOTAL TO SCHEDULE A, LINE 22

o.

0.

15,000.

0.

STATEMENT(S) 4,

THE HEARTLAND INSTITUTE

FINANCIAL STATEMENTS
YEAR ENDED DECEMBER 31, 2007
AND

REPORT OF CERTIFIED PUBLIC ACCOUNT ANTS

---

--

------

THE HEARTLAND INSTITUTE

TABLE OF CONTENTS

REPORT NAME
Auditor's Report

PAGE
3

Financial Statements:
Statement of Financial Position

Statement of Activities

Statement of Functional Expenses

Statement of Cash Flows

Notes to Financial Statements

8-10

--------

JAMESF. SEXTONAND ASSOCIATES,

LTD.
CERTIFIED
PUBLICACCOUNTANTS
Woodfield Lake Office Court

941 Plum Grove Road, Suite A

Schaumburg, Illinois60173
www.mycpacfo.com

(847) 605-0700
Fax (847) 605-0705

July 3. 2008

To The Board of Director-;

The Heartland Institute
We have audited the ac..:companyin~ ~:tntement of financial po~ition of The Heartlar..u Institute
(a nonprofit organization) as of D~~emher 31, 2007 and the ri::!ated statements of a~tivities,
functional expenses, and cash flov:s for the year then ended. These financial statements are
the responsibility o~ the organiz.,:,;_m~ rnanagement. Our rcsponsibili:y is 10 e,:pres~ au
opinion on these financial statements based on our audit.
We conducted our audit in accordance with U.S. generally accepted auditing standards.
Tho5e standards require that we plan and perform the audit t:i obtain rcasonnbk n,surance
about whether the financial statements f!re free of material mis::;tatemcnts. A11 audi~ includes
exan1ining un a test t:1sb cvidem.:,: !:-UppDrtingtht? amouP.t'- a-:id di~dosure.: ir- the ti.-1:ir:~ia!
statements. An aurlit e-lso includes assessing the accounting principles used and significant
estimates made by management as well as cvaiuating the overall finan:::i.:t! ~tat~mcnt
presentation. We bdieve that our :wd1t provides a reasonable basis for our 0pinicn
In our opmion, the financial s1~~~:m1;;nts
refe1Ted to above p~esent fairly, in a;J rnatrri:ii
respects, the financial position of The Heartland Institute as of December 3 l, 2007, and the
changes in its net assets and its cash flows for the year then ended in confom;iry with U.S.
generally accepted accounting pri;-iciplcs.

JAM.ES F. SEXTON & ASSOC., LTD.

CERTIFIED PUBLIC ACCOUNTANTS

MEMBEROF AMERICAN INSTITUTE

OF CPAs AND ILLINOIS CPA SOCIETY

Statement of Financial Position

December 31, 2007
ASSETS

CURRENT ASSETS
Cash and Cash Equivalents
Accounts & Pledges Receivable
Prepaid Expense
Total Current Assets

1,214
10,626
45,923

FIXED ASSETS
Office Furniture
, Office Equipment
Leasehold Improvements
Less: Accumulated Depreciation
Net Equipment

16, 764
146,150
5 3, 907
(135,370)

57 ,763

81 A51

OTHER ASSETS
Deposits
Total Other Assets

6,000
6,000
145,214

TOTAL ASSETS
LIABILITIES

AND NET ASSETS

CURRENT LIABILITIES
Accounts Payable
Total Current Liabilities

25 8,559
258,559

NET ASSETS
Unrestricted
Temporarily Restricted
Total Net Assets
TOTAL

(113,345)
0
(I 13 ,34 5)

LIABILITIES
AND NET ASSETS
See Notes to Financial Statements

145,214

The Heartland Institute

Statement of Activities
Year Ended December 31, 2007
CHANGES IN UNRESTRICTED
Contributions
Publications/Research
Advertising
Memberships
Fund Raising
Interest Income
TOTAL

NET ASSETS:
4,967,006
27,071
21, 104
26, 157
140,960
34,587
5,216,884

NET ASSETS RELEASED FROM RESTRICTIONS:

Satisfaction of Purpose Restrictions
TOTAL UNRESTRICTED
OTHER SUPPORT

REVENUE,

GAINS AND
5,216,884

EXPENSES
Program
Management and General
Fund Raising
TOTAL EXPENSES

5,175,394
448,138
244,737
5,868,269

INCREASE (DECREASE)
NET ASSETS

IN UNRESTRICTED
(651,385)

CHANGES IN TEMPORARILY
RESRICTED ASSETS:
Satisfaction of Purpose Restrictions
Decrease of Temporarily Restricted Assets

CHANGE

IN NET ASSETS (RESTRICTED)

NET ASSETS, BEGINNING

538,040

OF YEAR (UNRESTRICTED)

NET ASSETS, END OF YEAR (UNRESTRICTED)

See Notes to Financial Statements

( 113,345)

----

----~~

The Heartland Institute

Statement of Functional Expenses
Year Ended December 31, 2007

Desaip:ion

Grans-

IVgK
&Gerll

Prcgrcm

IV'aili~
afire ard Q::o.4)8rcy
I SJcd iesard 8:Jl.il]'Te'lt
L..ease
Travel,Bdibitirg, Belts

ServiCES
crd A ofessioralFees
ate" BcpeIS9S
Pdvertisi~

634,119
59,938
1Q471
14,897
396,051
169

119,518
22,Sffi
7,744
225,394
92,242
25,785

ffi,423
44,992
24,411
224,830
144,101
1,000
005,938

5,642
2,198
1,2:)1
2,934
39,221

03precjatia,

lrterest

Taauh:.-s
Gaus
TOTAL
Percentage of Tctal

TOr,4L

tew
Public
Gov"t.
RelatiCJlS Relatims Ccslitia,
$181,915 $300,830 $157,900 $27,9:18 $E,Ea3
$144,205 $1,262,754
1,261
8,216
2,565
1,085,130 'Zl,oS!
92,726
1,217,535

Plblicaions
Salaries,
~ crd Es iefits
Aintirg ard Pltiicaia,s

Furdnising

6,400

2,456

4,874
135,CXX>

Z38

6,(93
11,243
9,007
1,846
31,041
77
3,684
1Q299
1,001
1,217

15,699
6,142
14,858
11.m
41,250
1,576

65

Em,497
147,199

ffi,592
487,708
743.~
28,616
9'.B,622
10,299
1,001
15,940
135,CXX>

$2,389,180 $904,292 $1,794,294 $87,628 $448,138 $244,TST $5,868,269

4.11/c
1.491/o 7.64%
100.00/c
40.71/c 15.41/c
3158/c

 Cash Flows From (Used By) Operating Activities:

Change In Net Assets

(651,385)

Adjustments to reconcile change in net assets to net cash

used for operating activities
Depreciation
(Increase) decrease in accounts receivable
(Increase) decrease in prepaid publications
Increase (decrease) in accounts payable
(Increase) decrease in investments
Release of temporary restricted assets

10,299
(2, 157)
(27,701)
228,899
0

Net cash provided (used) by Operating Activities

(442,045)

Cash Flows From (used by) Investing Activities

Purchase of property and equipment

(57,091)

Net cash provided (used) by investing activities

Net increase (decrease) in cash

(57,091)
( 499, 137)

Cash - Beginning Balance

500,351

Cash - Ending Bala:oce

1,214

Amounts included in operating activities above:

1,60I

Amounts of interest paid

See Notes to Financial Statements

7

The Heartland Institute

Statement of Functional Expenses
Year Ended December 31, 2007
NOTE 1-

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Heartlan~ Institute is a nonprofit corporation organized exclusively for charitable and educational
purposes. Its main purpose is to inform and educate the public on research of past and existing public policies
and the effects and results of those policies and free market or private sector alternatives.
METHOD OF ACCOUNTING
The Organization maintains its records on the accrual basis in accordance with U.S. generally accepted
accounting principles.
BASIS OF PRESENTATION
Financial statement presentation follows the recommendations of the Financial Accounting Standards
in its Statement of Financial Accounting Standards (SFAS) No. 117, Financial Statements of Non-forProfit Organizations. Under SFAS No. 117, the Organization is required to report infonnation
regarding its financial position and activities according to three classes of net assets: unrestricted net
assets, temporarily restricted net assets, and permanently restricted net assets.
ESTIMATES
The preparation of financial statements in conformity with U.S. generally accepted accounting
principles requires the use of management's estimates and assumptions that affect certain reported
amounts and disclosures. Accordingly, actual results could differ from those estimates.
CASH AND EQUIVALENTS
The Organization considers all highly liquid investments with maturity of three months or less when
purchased to be cash equivalents. Cash a-c.dcash equivalents for purposes of the statement of cash
flows exclude permanently restricted cash and cash equivalents.
FUNCTIONAL EXPENSE REPORTING
The cost of providing program and supporting services has been summarized by function, based on
estimates developed by management.
ACCOUNTS & PLEDGES RECEIVABLE
Accounts receivable are stated at the amount management expects to collect from outstanding balances
and pledges. Management provides for probable uncollectible amounts through a provision for bad
debt expense based on its assessment of the current status of individual receivables. Balances that are
still outstanding after management has used reasonable collection efforts are written off to bad debt
expense. There were no bad debt write-offs or accounts deemed uncollectible for 2007.
DONATIONS
Donations received in property other than cash are recorded at their fair market value on the date of the
gift. Donations in property whose fair market values are not objectively determinable are omitted from
the financial statement in accordance with generally accepted accounting standards.
8

The Heartland Institute

Statement of Functional Expenses
Year Ended December 31, 2007
NOTE 1-

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

DEPRECIATION
Fixed assets are recorded at cost (or fair market value on the date of donation). Management follows
the practice of capitalizing all expenditures for property, furniture, fixtures and office equipment in
excess of $500. Depreciation is computed using the straight-line method over the estimated useful
lives of the assets. Depreciation amounted to $10,299 in 2007.

NOTE 2 -TAX STATUS

Heartland Institute is a non-profit organization. It qualifies under the Internal Revenue Code Section
501(c)(3) as an organization exempt from federal income taxation.

NOTE 3 - FUND BALANCE -TEMPORARILY

RESTRICTED

Prior to 1997, the estate of Franklin Butcha executed a note under the charitable remainder trust provisions of
the Internal Revenue Code. Interest of 5.5% per annum is paid quarterly to the beneficiary of Franklin Butcha
estate (his spouse) until her death. The principal loan of $25,000 plus previously accrued interest of $5,576
prior to Franklin's death for a grand total of $30,576 was recognized as other income in 1996. Since then
income and interest expense has been recorded through the unrestricted fund balance. Any present value
adjustment to the bequest as with discounted cash flow adjustments were deemed insignificant.

NOTE 4 - LEASE COMMITMENTS

Management entered into a lease extension for its headquarters effective June 1, 2008 through January 31,
2012. Monthly base rent payments are currently $7,497 per month. Management entered into a new lease to
rent additional space at the same location effective March 1, 2007 through January 31, 2012. Monthly base
rent payments are currently $5,058 per month. Rent expense amounted to $147,197 in 2007.
The Organization also entered into two equipment-operating leases:
I. A photocopier lease was entered commencing September 2003 for $1,397 per month through March
2011.
2. A postage machine lease was entered commencing December 2004 for $850 per quarter through
February 2008.

----

--

-------

The Heartland Institute

Statement of Functional Expenses
Year Ended December 31, 2007
NOTE 4 - LEASE COMMITMENTS (CONTINUED)
Following are the minimum future rental commitments:
Period Ended

Amount

December 31, 2008

December 31, 2009
December 31, 2010
December 31, 2011
December 31, 2012
and thereafter

$170,928
$174,667
$179,383
$171,689

Total

$ 14,130
$710,797

NOTE 5 - RETIREMENT PLAN

The Organization sponsors a 401(k) retirement plan covering substantially all employees. No contributions
were paid during 2007.

NOTE 6 - CONCENTRATION OF CREDIT RISK

The Organization maintains several bank accounts at two banks. Accounts at an institution are insured by the
Federal Deposit Insurance Corporation (FDIC) up to $100,000. Cash at one of these institutions occasionally
exceeds federally insured limits. The amount in excess of the FDIC limit totaled $0 as of December 31, 2007.
During 2007, the Organization received 38% of its contribution revenue from a single donor.

NOTE 8 - FUNCTIONAL ALLOCATION OF EXPENSES

The costs of providing the various programs and activities have been summarized on a functional basis in the
statement of activities. Accordingly, certain costs have been allocated among the programs and supporting
services benefited.

10

----

--

1',

I I

,~

8868

Application for Extension of Time To File an

Exempt Organization Return

Form
(Rev. Apnl 2007)
Departmcmt of the Treasury
Internal Revenue Service

OMB No. 15451709

.... File a separate apphcat1on for each return.

.... [X]

If you are f1hngfor an Automatic

3-Month Extension, complete only Part I and check this box

If you are filing for an Additional

(not automatic) 3-Month Extension, complete only Part II (on page 2 of this form).

Do not complete Part II unless you have already been granted an automatic 3month extension on a previously filed Form 8868.

IPart f I

Automatic 3-Month Extension of Time.

Only submit original (no copies needed).

Section 501 (c) corporations required to file Form 990T and requesting an automatic 6month extension check this box

...o

and complete Part I only

All other corporations (including 1120-C filers), partnerships, REM/Cs, and trusts must use Form 7004 to request an extension of time
to file income tax returns

Electronic Filing (efile). Generally, you can electronically file Form 8868 1fyou want a 3month automatic extension of time to file one of the returns
noted below (6 months for section 501 (c) corporations required to file Form 9901). However, you cannot file Form 8868 electronically 1f(1) you want
the add1t1onal (not automatic) 3month extension or (2) you file Forms 990BL, 6069, or 8870, group returns, or a composite or consolidated Form
990T. Instead, you must submit the fully completed and signed page 2 (Part II) of Form 8868. For more details on the electronic filing of this form,
v1s1twww
govlef1/e and click on e-f1/efor Chant,es & Nonvrof,ts

,rs

Type or

Name of Exempt Organization

Employer identification

number

print

36-3309812

THE HEARTLAND INSTITUTE

File by the
due date 10,

Number, street, and room or suite no. If a P.O. box, see 1nstruct1ons.

19

filing your
return See
instruct,ons

SOUTH LA SALLE

STREET,

NO.

903

City, town or post office, state, and ZIP code For a foreign address, see 1nstrucllons.

CHICAGO,

IL

60603

Check type of return to be filed(f1le a separate application for each return)

00
D
D
D

Form 990BL

Form 990T (sec. 401 (a) or 408(a) trust)

Form 990T (trust other than above)

Forrr. 990PF

II

Fvrm 1041A

The books are

in

D
D
D
D

Form 990-T (corporation)

Form 990EZ

TelephoneNo ....

D
D

Form 990

THE HEARTLAND INSTITUTE

377-4000
FAXNo

Form4720
Form5227
Form6069
For-.18870

the care of ....

(312)

....

If the organ1zat1ondoes not have an office or place of business In the United States, check this box
If this 1sfor a Group Return, enter the organ1zat1on'sfour d1g1tGroup Exemption Number (GEN)

box ....

If 111sfor part of the group, check this box ....

...o
If this 1sfor the whole group, check this

and attach a hst wrth the names and EINs of all members the extension will cover.

I request an automatic 3month (6months for a section 501 (c) corporation required to file Form 9901) extension of time until

AUGUST 15,

2008

, to file the exempt

organization return for the organization named above. The extension

1sfor the organ1zat1on'sreturn for

....00
....D
2
3a

calendar year

2007

or

tax year beginning

If this tax year 1sfor less than 12 months, check reason

Initial return

Final return

Ja

3b

If this apphcat1on 1sfor Form 990PF or 990T. enter any refundable credits and estimated
tax oavments made. Include anv onor vear overoavment allowed as a credit.

Change 1naccounting period

If this apphcat1on 1sfor Form 990-BL, 990PF, 990T, 4720, or 6069, enter the tentative tax, less any
nonrefundable credits. See 1nstrucllons

Balance Due. Subtract line 3b from line 3a Include your payment with this form, or, 1frequired,
deposit with FTD coupon or, 1frequired, by using EFTPS (Electronic Federal Tax Payment System).
See 1nstruct1ons

Jc

N/A

Caution. If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO for payment 1nstruct1ons.
LHA

723831
05-07-07

For Privacy Act and Paperwork Reduction Act Notice, see instructions.

Form 8868 (Rev 4-2007)