Totals
- Total revenue
- $66,471,867
- Total expenses
- $35,901,179
- Contributions and grants received
- $48,188,073
- Grants paid
- $557,269
- Program service revenue
- $13,018,372
- Investment income
- $180,107
- Other revenue
- $5,085,315
- Total assets, end of year
- $83,908,784
- Total liabilities, end of year
- $23,052,364
- Net assets or fund balances, end of year
- $60,856,420
- Program services expenses (Part IX)
- $25,729,295
- Management and general expenses
- $5,226,553
- Fundraising expenses
- $4,945,331
- Program service expenses (Part III)
- $25,729,295
Program services were 71.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$48,188,073
-
1g · Noncash contributions included above
$4,249
-
2a · Program service revenue: Digital subscription revenue
total $10,510,348 · related or exempt $10,510,348
-
2b · Program service revenue: Tuition fees
total $2,477,236 · related or exempt $2,477,236
-
2c · Program service revenue: Pilgrimage revenue
total $30,788 · related or exempt $30,788
-
3 · Investment income
total $102,016 · excluded $102,016
-
5 · Royalties
total $2,829 · excluded $2,829
-
6a · Gross rents
real property $493,095
-
6b · Less rental expenses
real property $444,498
-
6c · Rental income or loss
real property $48,597
-
6d · Net rental income or loss
total $48,597 · unrelated business $48,597
-
7a · Gross sales of assets other than inventory
other assets $679,000
-
7b · Less cost or other basis and sales expenses
other assets $600,909
-
7c · Gain or loss
other assets $78,091
-
7d · Net gain or loss
total $78,091 · excluded $78,091
-
10a · Gross sales of inventory
$7,433,639
-
10b · Cost of goods sold
$2,508,240
-
10c · Net income from sales of inventory
total $4,925,399 · related or exempt $4,925,399
-
11a · Other revenue: Miscellaneous
total $58,495 · related or exempt $58,495
-
11b · Other revenue: Cafeteria income, net
total $49,995 · related or exempt $49,995
-
11e · Other revenue, total
$108,490
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $557,269 · program services $557,269
-
5 · Compensation of officers, directors and key employees
total $1,674,563 · program services $1,224,621 · management and general $156,817 · fundraising $293,125
-
7 · Other salaries and wages
total $15,238,678 · program services $11,144,164 · management and general $1,427,051 · fundraising $2,667,463
-
8 · Pension plan contributions
total $496,819 · program services $363,328 · management and general $46,525 · fundraising $86,966
-
9 · Other employee benefits
total $2,144,435 · program services $1,568,242 · management and general $200,819 · fundraising $375,374
-
10 · Payroll taxes
total $901,605 · program services $659,351 · management and general $84,432 · fundraising $157,822
-
11b · Fees: legal
total $353,883 · program services $264,142 · management and general $77,423 · fundraising $12,318
-
11c · Fees: accounting
total $71,267 · management and general $71,267
-
11f · Fees: investment management
total $772 · management and general $772
-
11g · Fees: other
total $5,789,091 · program services $5,173,277 · management and general $457,637 · fundraising $158,177
-
13 · Office expenses
total $799,364 · program services $135,872 · management and general $365,085 · fundraising $298,407
-
14 · Information technology
total $5,078,152 · program services $4,099,451 · management and general $730,298 · fundraising $248,403
-
16 · Occupancy
total $1,640,291 · program services $1,074,600 · management and general $420,397 · fundraising $145,294
-
17 · Travel
total $646,058 · program services $330,096 · management and general $163,848 · fundraising $152,114
-
19 · Conferences, conventions and meetings
total $858,965 · program services $420,377 · management and general $180,537 · fundraising $258,051
-
20 · Interest
total $206,008 · program services $21,075 · management and general $182,299 · fundraising $2,634
-
22 · Depreciation, depletion and amortization
total $3,982,153 · program services $3,465,050 · management and general $517,103
-
23 · Insurance
total $209,953 · program services $60,080 · management and general $140,261 · fundraising $9,612
-
24a · Other expenses: Miscellaneous
total $222,046 · program services $138,493 · management and general $3,982 · fundraising $79,571
-
24b · Other expenses: Less: Capitalized video
total -$4,970,193 · program services -$4,970,193
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,126,494 · end of year $6,320,486
-
2 · Savings and temporary cash investments
beginning of year $1,505,644 · end of year $6,703,221
-
3 · Pledges and grants receivable
beginning of year $1,552,252 · end of year $7,948,969
-
4 · Accounts receivable
beginning of year $1,851,405 · end of year $1,026,254
-
8 · Inventories for sale or use
beginning of year $6,237,090 · end of year $5,702,344
-
9 · Prepaid expenses and deferred charges
beginning of year $392,331 · end of year $551,234
-
10a · Land, buildings and equipment: cost or other basis
$38,910,560
-
10b · Land, buildings and equipment: accumulated depreciation
$4,450,722
-
10c · Land, buildings and equipment, net
beginning of year $15,320,393 · end of year $34,459,838
-
11 · Investments: publicly traded securities
beginning of year $4,024,872 · end of year $4,652,639
-
12 · Investments: other securities
beginning of year $859,463 · end of year $1,066,451
-
14 · Intangible assets
beginning of year $6,144,598 · end of year $15,296,751
-
15 · Other assets
beginning of year $34,271 · end of year $180,597
-
17 · Accounts payable and accrued expenses
beginning of year $2,971,534 · end of year $7,466,230
-
19 · Deferred revenue
beginning of year $1,628,689 · end of year $1,831,037
-
23 · Secured mortgages and notes payable
beginning of year $5,865,091 · end of year $5,713,099
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $5,026,344
-
25 · Other liabilities
beginning of year $0 · end of year $3,015,654
-
27 · Net assets without donor restrictions
beginning of year $25,432,389 · end of year $44,715,260
-
28 · Net assets with donor restrictions
beginning of year $4,151,110 · end of year $16,141,160
Mission and programs · 2023
Mission
The Augustine Institute serves the formation of Catholics for the New Evangelization. Through academic and parish programs, the Augustine Institute equips Catholics intellectually, spiritually, and pastorally to renew the Church and transform the world for Christ.
-
The Institute sells products, physically and digitally, in the form of video sets, instructional booklets, books and audio talks and dramas.
Expenses $11,609,605 · Revenue $4,925,399
-
FORMED is a digital platform that brings together the best Catholic content from the Institute, Ignatius Press and many other Catholic content providers.
Expenses $8,211,329 · Revenue $10,532,121
-
The Augustine Institute Graduate School of Theology is a community of scholars and students united in the common mission to advance the New Evangelization through the exercise of the gift of theology. The Augustine Institute is an accredited member of the Association of Theological Schools. Inspired by St. Augustine's approach to evangelization, the Institute privileges narration, the telling of the story of God's mercy to his people, from the Creation through our Redemption in Christ and in the continuing unfolding of his mercy by his Providential governance of the Church.
Expenses $5,908,361 · Grants $557,269 · Revenue $2,563,953
As filed on the 2023 return.
Listed in Part VII
-
Dr Timothy Gray
President
- Total calculated
- $532,584
- From this org
- $401,934
- From related orgs
- $0
- Other
- $130,650
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $301,934
- Bonus
- $100,000
- Other
- $0
- Deferred
- $109,333
- Nontaxable benefits
- $21,317
- Filer's total
- $532,584
-
Robert Weber
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Steven Goulart
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Alex Gillet
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Andy Szocs
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Archbishop Samuel Aquila
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Dan Doheny
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
James Harrison
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
James Mason
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
LeRoy Landhuis
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Nancy Sevo
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Patrick Moneymaker
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Robert Flanigan
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Christoper Bos
Chief Operating Officer
- Total calculated
- $258,930
- From this org
- $233,250
- From related orgs
- $0
- Other
- $25,680
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $233,250
- Bonus
- $0
- Other
- $0
- Deferred
- $11,848
- Nontaxable benefits
- $13,832
- Filer's total
- $258,930
-
Angela Parsons
Chief Financial Officer
- Total calculated
- $202,220
- From this org
- $193,686
- From related orgs
- $0
- Other
- $8,534
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,686
- Bonus
- $10,000
- Other
- $0
- Deferred
- $7,701
- Nontaxable benefits
- $833
- Filer's total
- $202,220
-
Benjamin D Akers
Chief Mission Officer
- Total calculated
- $255,791
- From this org
- $222,861
- From related orgs
- $0
- Other
- $32,930
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,361
- Bonus
- $12,000
- Other
- $2,500
- Deferred
- $11,613
- Nontaxable benefits
- $21,317
- Filer's total
- $255,791
-
Christoper Blum
Provost
- Total calculated
- $236,367
- From this org
- $204,349
- From related orgs
- $0
- Other
- $32,018
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,349
- Bonus
- $10,000
- Other
- $0
- Deferred
- $10,701
- Nontaxable benefits
- $21,317
- Filer's total
- $236,367
-
John Doheny
Chief Technology Officer
- Total calculated
- $266,407
- From this org
- $237,134
- From related orgs
- $0
- Other
- $29,273
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $222,134
- Bonus
- $15,000
- Other
- $0
- Deferred
- $11,013
- Nontaxable benefits
- $18,260
- Filer's total
- $266,407
-
Nancy Haskell
Director of Major Gifts
- Total calculated
- $274,218
- From this org
- $247,993
- From related orgs
- $0
- Other
- $26,225
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,993
- Bonus
- $63,000
- Other
- $0
- Deferred
- $12,681
- Nontaxable benefits
- $13,544
- Filer's total
- $274,218
-
Sean Innerst
Associate Professor
- Total calculated
- $187,682
- From this org
- $158,155
- From related orgs
- $0
- Other
- $29,527
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,905
- Bonus
- $0
- Other
- $8,250
- Deferred
- $8,231
- Nontaxable benefits
- $21,296
- Filer's total
- $187,682
-
Paul McCusker
Sr. Director, Content Creation
- Total calculated
- $182,202
- From this org
- $152,775
- From related orgs
- $0
- Other
- $29,427
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,775
- Bonus
- $0
- Other
- $0
- Deferred
- $8,115
- Nontaxable benefits
- $21,312
- Filer's total
- $182,202
-
Michael Lungo
Chief Strategy and Mission Advancement Office (pri
- Total calculated
- $232,070
- From this org
- $202,174
- From related orgs
- $0
- Other
- $29,896
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $56,831
- Bonus
- $0
- Other
- $145,343
- Deferred
- $10,002
- Nontaxable benefits
- $19,894
- Filer's total
- $232,070
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 4b
- Dr. Timothy Gray participates in a supplemental non-qualified retirement plan and the Augustine Institute made contributions to plan totaling $97,500 during 2023.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Augustine Properties LLC
Building Rental · CO · income $48,597 · assets $13,364,571
Directly controlled by Augustine Institute Inc
-
Augustine Properties II LLC
Building Rental · CO · income $0 · assets $20,267,000
Directly controlled by Augustine Institute Inc
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521209349300232
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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