Steamboat Institute (SI)

The Steamboat Institute (SI) is a think tank that advocates for free markets, individual liberty, limited government, strong national defense, and limited taxes. 1 SI provides tools, information, and programs in support of America’s founding principles. 2

At-A-Glance

Formation:

2008

CEO:

Jennifer Schubert-Akin

Location: Steamboat Springs, CO View on map
Tax ID: 26-2096621
Most Recent Filing: 2025
Budget (2025): Assets: $4,491,924 Revenue: $2,978,062 Expenses: $2,058,778

Contents

    The Steamboat Institute is a partner organization of the State Policy Network, a coalition of free-market state-level policy organizations. 3 While SI describes itself non-partisan, members of its staff and board have affiliations with right-of-center organizations. 4

    Activities

    The Steamboat Institute advocates for free markets, individual liberty, limited government, strong national defense, and limited taxes. 1

    The Steamboat Institute supports school choice. SI asserts that because school choice would allow families and students more educational options, it would grant them freedom to choose among curriculums, instead of having it dictated by school districts or legislation. SI further claims that school choice encourages a free market, which could prevent government interventions like curriculum restrictions from constraining free speech. 5

    The Steamboat Institute argued that COVID-19 stimulus checks did not actually help with economic recovery. SI claimed that the way stimulus money was used by Americans indicates that they are both fearful of the future economy and of potential social unrest, and points to high rates of savings and billions of stimulus dollars spent on firearms and ammunition. The Steamboat Institute argues the claim of Austrian-school economists, who argued that stimulus programs destroy wealth, and argued for cutting government spending and regulations to let the free market recover. SI claimed that the U.S. government is unlikely to do either of these, harming economic recovery. 6

    In 2018, the Steamboat Institute launched the Campus Liberty Tour (CLT) program to encourage critical thinking skills through debates and dialogues at college campuses. SI claims its CLT program helps combat supposed attacks on free speech and open discourse happening on college campuses. 7 As of 2021, the CLT advisory board included Hadley Heath Manning, policy director at the Independent Women’s Forum; Jacqueline Pfeffer Merrill, director of the Campus Free Expression Project at the Bipartisan Policy Center; and Ilya Shapiro, then-director of the Robert A. Levy Center for Constitutional Studies at the Cato Institute. 8

    The Steamboat Institute hosts an annual Freedom Conference and Festival. Speakers scheduled to appear at the 2021 Conference included former Secretary of State Mike Pompeo, Colorado Governor Jared Polis (D), and Scott Atlas, a senior fellow at the Hoover Institution who advised the first Trump administration on COVID-19. 9

    Funding

    The Steamboat Institute is funded by donations from individuals, foundations, and corporations. The Steamboat Institute lists its donors in its annual reports and tax filings confirm donations from the Community First Foundation ($38,669 in 2018), 10 the Anschutz Foundation ($35,000 in 2017), 11 and the Lynde and Harry Bradley Foundation ($25,000 in 2018). 12

    People

    Jennifer Schubert-Akin is the CEO, co-founder, and chair of the Steamboat Institute. Schubert-Akin is a graduate of the Leadership Program of the Rockies, where she formerly served on the advisory board, and sat on the advisory board of the Docs4PatientCare Foundation. 13

    Board of Directors

    Rick Akin, Jennifer Schubert-Akin’s husband, is a co-founder and the vice chair of the Steamboat Institute. Ekin is a graduate of the Leadership Program of the Rockies. 14

    Roger Dorf formerly chaired of the U.S. Section of the Brazil/U.S. Business Council, sat on the board of the National Chamber Foundation of the U.S. Chamber of Commerce, and was president of the Community Foundation of the Gunnison Valley. 15

    Bill Friesell is the former CEO and chair of Diners Club International and the former director and treasurer of the Indian River Tea Party. 16

    Charles McNeil formerly served on the National Coal Council and as a director of the National Coal Association. McNeil is a member of the American Coal Council, the American Energy Society, and the Western Energy Alliance, and serves on the board of the Common Sense Institute. 17

    Aurelia Skipwith Giacometto formerly served as the director of the Fish and Wildlife Service and as a deputy assistant secretary at the Department of the Interior. Skipwith formerly held a position in regulatory affairs at Monsanto. 18

    Matthew Spalding formerly worked as vice president of American Studies at the Heritage Foundation. Spalding was a senior fellow at the Claremont Institute. 4

    Bridgett Wagner is the executive director of the Edwin J. Feulner Institute at the Heritage Foundation. Wagner sits on the boards of the State Policy Network and the Foundation for Government Accountability, and on the advisory board of the Docs4PatientCare Foundation. 19

    Cheri Carsten is an emeritus member of the board and serves on the advisory council of the Leadership Program of the Rockies. 20

    Gary Hofmeister is an emeritus member of the board and was a Republican nominee for U.S. Congress in 1998. 21

    National Advisory Board

    Steve Hofman is a former U.S. Assistant Secretary of Labor, a former guest scholar at the Brookings Institution, and a former member of the Council on Foreign Relations. 22

    The late Bill Thomson formerly worked as president of the Wyoming Taxpayers Association and on the litigation board of Mountain States Legal Foundation. 23

    Michael Williams is the facilitator of the “Defenders of Capitalism” program at the Leadership Program of the Rockies. 24

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2025 $4,491,924 $2,978,062 $2,058,778 View
    2024 $3,423,701 $2,337,985 $2,096,985 View
    2023 $1,218,807 $1,910,370 $1,775,823 View
    2022 $955,699 $1,548,316 $1,501,393 View
    2021 $782,897 $1,199,363 $1,066,075 View
    2020 $434,271 $752,000 $615,419 View

    Prior year filings: 2019, 2018, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 5

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Jennifer Schubert-AkinChairman$173,063

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $4,620,211
    • Number of Grants: 191
    • Number of Funders: 56

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $325,0002023 Adolph Coors FoundationCAMPUS LIBERTY TOUR GRANT
    $300,0002024 Adolph Coors FoundationCAMPUS LIBERTY TOUR GRANT
    $225,0002025 Adolph Coors FoundationPROGRAM SPECIFIC GRANT
    $165,0002024 The Lynde and Harry Bradley Foundation IncTo support general operations
    $125,0002024 Diana Davis Spencer Foundation IncCOLLEGE CAMPUS DEBATE PROGRAM
    $115,0002025 The Lazof Family Foundation Inc LazofCHARITABLE
    $100,0002025 Bruce Benson FoundationAID TO COMMUNITY
    $100,0002024 The Jack Roth Charitable FoundationCOMMUNITY SUPPORT
    $100,0002023 The Jack Roth Charitable FoundationCOMMUNITY SUPPORT
    $100,0002023 Diana Davis Spencer Foundation IncLEADERSHIP EDUCATION PROGRAMS
    $100,0002022 The Jack Roth Charitable FoundationCOMMUNITY SUPPORT
    $100,0002022 Diana Davis Spencer Foundation IncLEADERSHIP EDUCATION PROGRAMS
    $75,0002021 The Jack Roth Charitable FoundationCOMMUNITY SUPPORT
    $73,0002024 Donor Advised Charitable Giving, Inc.EDUCATION
    $65,0002023 The Lynde and Harry Bradley Foundation IncTo support general operations
    $65,0002022 The Lynde and Harry Bradley Foundation IncTo support general operations
    $60,0002020 The Jack Roth Charitable FoundationCOMMUNITY SUPPORT
    $56,0002022 National Philanthropic TrustEDUCATION
    $55,0002025 National Philanthropic TrustPUBLIC, SOCIETAL BENEFIT
    $51,9592021 Colorado Gives FoundationGENERAL PURPOSE
    $50,0002024 National Philanthropic TrustCULTURE & ARTS
    $50,0002023 National Philanthropic TrustEDUCATION
    $50,0002023 The Tina Snider FoundationDEBATE SERIES
    $50,0002022 The Snider FoundationOPERATING SUPPORT
    $50,0002022 Ronald and Carol Moore Family FoundationGeneral Donations

    References

    1. “Home.” The Steamboat Institute, 2021. Accessed August 2, 2021. https://www.steamboatinstitute.org/.
    2. “About.” The Steamboat Institute, 2021. Accessed August 2, 2021. https://www.steamboatinstitute.org/about/.
    3. “The Network: Colorado.” State Policy Network, 2021. Accessed July 27, 2021. https://spn.org/directory/#CO.
    4. “Dr. Matthew Spalding.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/dr-matthew-spalding/.
    5. Chen, Solomon. “Critical Race Theory in the Classroom: What’s the Real Problem?” The Steamboat Institute, June 25, 2021. Accessed August 2, 2021. https://www.steamboatinstitute.org/update/critical-race-theory-in-the-classroom-whats-the-real-problem/.
    6. Honneger, Karl. “Will Stimulus Checks Actually Help With Economic Recovery?” The Steamboat Institute, March 2, 2021. Accessed August 2, 2021. https://www.steamboatinstitute.org/update/economic-recovery-stimulus-checks/.
    7. “The Campus Liberty Tour.” The Steamboat Institute, 2021. Accessed August 2, 2021. https://www.steamboatinstitute.org/the-campus-liberty-tour/.
    8. “Annual Report 2019-20.” The Steamboat Institute, 2021. Accessed August 2, 2021. https://www.steamboatinstitute.org/app/uploads/2021/03/SI-Annual-Report-2019-20-DIGITAL.pdf.
    9. “13th Annual Freedom Conference and Festival.” The Steamboat Institute, 2021. Accessed August 2, 2021. https://www.steamboatinstitute.org/event/13th-annual-freedom-conference-and-festival/.
    10. Community First Foundation, Return of Organization Exempt from Income Tax (Form 990), 2018, Schedule I, Part II.
    11. The Anschutz Foundation, Return of Private Foundation (Form 990-PF), 2017, Part XV, Line 3a.
    12.  Lynde and Harry Bradley Foundation, Return of Private Foundation (Form 990-PF), 2018, Part XV, Line 3a.
    13. “Jennifer Schubert-Akin.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/jennifer-schubert-akin/.
    14. “Rick Akin.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/rick-akin/.
    15. “Roger Dorf.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/roger-dorf/.
    16. “William H. Friesell.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/bill-friesell/.
    17. “Charles S. McNeil.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/charles-s-mcneil/.
    18. “Aurelia Skipwith.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/aurelia-skipwith/.
    19. “Bridgett Wagner.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/bridgett-wagner/.
    20. “LPR Advisory Council 2020/2021.” Leadership Program of the Rockies, 2021. Accessed July 28, 2021. https://www.leadershipprogram.org/advisory-council/.
    21. “Gary Hofmeister.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/gary-hofmeister/.
    22. “National Advisory Board.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/department/national-advisory-board/.
    23. “Bill Thomson.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/bill-thomson/
    24. “Michael J. Williams.” The Steamboat Institute, 2021. Accessed July 27, 2021. https://www.steamboatinstitute.org/person/michael-j-williams/.