Form 990 for tax year 2022
Filed by INSTITUTE FOR ECUMENICAL & CULTURAL RESEARCH.
Totals
- Total revenue
- $273,255
- Total expenses
- $2,011,971
- Contributions and grants received
- $371,428
- Grants paid
- $0
- Program service revenue
- $8,585
- Investment income
- -$106,796
- Other revenue
- $38
- Total assets, end of year
- $13,876,088
- Total liabilities, end of year
- $79,200
- Net assets or fund balances, end of year
- $13,796,888
- Program services expenses (Part IX)
- $1,623,228
- Management and general expenses
- $176,294
- Fundraising expenses
- $212,449
- Program service expenses (Part III)
- $1,623,228
Program services were 80.7% 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.
-
1d · Related organizations
$2,000
-
1f · All other contributions, gifts and grants
$369,428
-
2a · Program service revenue: RESIDENCY
total $8,585 · related or exempt $8,585
-
3 · Investment income
total $218,059 · excluded $218,059
-
7a · Gross sales of assets other than inventory
securities $5,101,300
-
7b · Less cost or other basis and sales expenses
securities $5,426,155
-
7c · Gain or loss
securities -$324,855
-
7d · Net gain or loss
total -$324,855 · excluded -$324,855
-
11a · Other revenue: OTHER REVENUE
total $38 · excluded $38
-
11e · Other revenue, total
$38
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $333,854 · program services $172,531 · management and general $11,894 · fundraising $149,429
-
7 · Other salaries and wages
total $344,380 · program services $236,877 · management and general $87,606 · fundraising $19,897
-
9 · Other employee benefits
total $69,121 · program services $47,544 · management and general $17,584 · fundraising $3,993
-
10 · Payroll taxes
total $49,972 · program services $34,372 · management and general $12,712 · fundraising $2,888
-
11c · Fees: accounting
total $45,221 · management and general $45,221
-
11g · Fees: other
total $51,295 · program services $28,463 · management and general $22,832
-
12 · Advertising and promotion
total $8,919 · program services $8,919
-
13 · Office expenses
total $60,474 · program services $24,690 · management and general $7,167 · fundraising $28,617
-
16 · Occupancy
total $32,369 · program services $31,908 · management and general $365 · fundraising $96
-
17 · Travel
total $147,455 · program services $142,559 · management and general $792 · fundraising $4,104
-
19 · Conferences, conventions and meetings
total $701,097 · program services $736,201 · management and general -$38,371 · fundraising $3,267
-
22 · Depreciation, depletion and amortization
total $106,471 · program services $106,088 · management and general $310 · fundraising $73
-
23 · Insurance
total $20,348 · program services $18,313 · management and general $2,035
-
24a · Other expenses: REPAIRS/MAINTENANCE
total $27,291 · program services $27,010 · management and general $220 · fundraising $61
-
24b · Other expenses: SECURITY/FIRE
total $7,866 · program services $7,753 · management and general $89 · fundraising $24
-
24c · Other expenses: IN-KIND RENT
total $5,838 · management and general $5,838
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $4,366,921 · end of year $3,393,165
-
4 · Accounts receivable
beginning of year $739,218 · end of year $466,969
-
9 · Prepaid expenses and deferred charges
beginning of year $51,506 · end of year $84,793
-
10a · Land, buildings and equipment: cost or other basis
$2,409,864
-
10b · Land, buildings and equipment: accumulated depreciation
$875,728
-
10c · Land, buildings and equipment, net
beginning of year $1,565,678 · end of year $1,534,136
-
11 · Investments: publicly traded securities
beginning of year $7,907,683 · end of year $8,397,025
-
17 · Accounts payable and accrued expenses
beginning of year $96,272 · end of year $79,200
-
27 · Net assets without donor restrictions
beginning of year $3,778,319 · end of year $4,256,569
-
28 · Net assets with donor restrictions
beginning of year $10,756,415 · end of year $9,540,319
Mission and programs · 2022
Mission
THE COLLEGEVILLE INSTITUTE, ROOTED IN CHRISTIAN TRADITION, BRINGS TOGETHER PEOPLE OF DIVERSE BACKGROUNDS AND PERSPECTIVES TO FOSTER THE WORLD'S HEALING THROUGH THE POWER OF RELIGIOUS IDEAS, INSIGHT, AND PRACTICES.
Activities or mission (Part I)
THE COLLEGEVILLE INSTITUTE IS A PLACE OF SCHOLARSHIP, WORSHIP, DIALOGUE, AND COMMUNITY IMMERSED IN THE BENEDICTINE RHYTHM OF WORK AND PRAYER.
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CALLED TO LIVES OF MEANING AND PURPOSE INITIATIVE: IN THE COORDINATION'S FIFTH YEAR, OUR TEAM FOCUSED ON PROVIDING EDUCATIONAL OPPORTUNITIES FOR GRANTEES AND OPERATIONAL SUPPORT FOR ENDOWMENT PROGRAM STAFF, OVERSEEING THE RESEARCH PROJECT AND SUPPORTING THE CREATION OF RESOURCES FOR GRANTEES AND THEIR CONGREGATIONS. WE ARE CURRENTLY WORKING WITH 13 ORGANIZATIONS WHO ARE SUPPORTING APPROXIMATELY 250 CONGREGATIONS REPRESENTING 36 STATES AND THREE CANADIAN PROVINCES.
Expenses $556,590
-
THE ECCLESIAL LITERATURE PROJECT SEEKS TO STRENGTHEN PASTORAL LEADERSHIP IN MAINLINE AND MODERATE EVANGELICAL CHURCHES BY ENCOURAGING PASTORS, MEMBERS OF PASTORS' CONGREGATIONS, AND OTHERS WRITING ABOUT THE LIFE OF THE FAITH TO REACH A BROAD AUDIENCE THROUGH SERIOUS RELIGIOUS WRITING. IN GENERAL, WE INTEND TO HAVE AN IMPACT ON THE QUALITY OF THE SPIRITUAL AND INTELLECTUAL LIFE OF CONGREGATIONS THROUGH THEIR LEADER'S PARTICIPATION IN A WRITING PROGRAM. WE AIM TO FURTHER THE ROLE THAT WRITING PLAYS IN THE CHRISTIAN LIFE BY PROVIDING DIRECT SUPPORT TO PARTICIPANTS, WHICH WILL STRENGTHEN THEIR WRITING AND HELP THEM COMMUNICATE MORE EFFECTIVELY IN THE PUBLIC SQUARE. IN 2022, WE HOSTED 5 WRITING WORKSHOPS, CLOSED-OUT THE EMERGING WRITERS MENTORSHIP PROGRAM COHORT 2, LAUNCHED EMERGING WRITERS MENTORSHIP PROGRAM COHORT 3, AND SIGNIFICANTLY INCREASED OUR LEADERS AND PARTICIPANTS OF COLOR.
Expenses $467,723
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COMMUNITIES OF CALLING INITIATIVE'S GOAL AND PURPOSE CONTINUES TO BE: SUPPORT 13 CONGREGATIONS AS THEY BECOME COMMUNITIES OF CALLING WHO ENGAGE VOCATION IN THEIR WORSHIP LIFE, THROUGH THEOLOGICAL STUDY, AND IN CONVERSATION WITH AND SERVICE TO THEIR NEIGHBORS. ENCOURAGE AND SUPPORT A VIBRANT ECUMENICAL LEARNING COMMUNITY AMONG THE CONGREGATIONS THAT MODELS HOW FOCUSING ON VOCATION, BOTH INDIVIDUAL AND COMMUNAL, REVITALIZES THE LOCAL CHURCH FOR ITS MISSION IN THE WORLD. TOGETHER WITH THE CONGREGATIONS, TO CREATE VARIED RESOURCES ON VOCATION THAT ARE CONTEXTUALLY APPROPRIATE.
Expenses $337,224
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THE COLLEGEVILLE INSTITUTE WELCOMES SCHOLARS, CLERGY, CHURCH LEADERS, THINKERS, ARTISTS, AND WRITERS FROM AROUND THE WORLD SEEKING TO DISCERN AND COMMUNICATE THE MEANING OF CHRISTIAN IDENTITY AND UNITY IN A RELIGIOUSLY AND CULTURALLY DIVERSE WORLD. WELL-TRAINED, CREATIVE, ARTICULATE WOMEN AND MEN GATHER FOR ONE OR TWO SEMESTERS FOR CAREFUL THOUGHT IN A PLACE OF INQUIRY AND PRAYER, ENGAGING IN INDEPENDENT STUDY WITHIN A COMMUNITY SETTING.
Expenses $261,691 · Revenue $8,585
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jacqueline BussieJACQUELINE BUSSIE
INACTIVE EXECUTIVE DIRECTOR
- Total calculated
- $158,000
- From this org
- $157,801
- From related orgs
- $0
- Other
- $199
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,801
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $199
- Filer's total
- $158,000
-
Martin WellsMARTIN WELLS
ACTING EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
Mary PickardMARY PICKARD
CHAIR; BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Kilian McDonnellKILIAN MCDONNELL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Kathi Austin MahleKATHI AUSTIN MAHLE
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Susan ColianniSUSAN COLIANNI
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
James Alberts IIJAMES ALBERTS II
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Bruce EnsrudBRUCE ENSRUD
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Cindy GehrigCINDY GEHRIG
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Patricia LullPATRICIA LULL
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan PetersonSUSAN PETERSON
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ellie RoscherELLIE ROSCHER
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Abbot John KlassenABBOT JOHN KLASSEN
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 2
-
Michael Patella OsbMICHAEL PATELLA OSB
DELEGATE FOR EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1.5
-
Ann Marie Biermaier OsbANN MARIE BIERMAIER OSB
DELEGATE FOR EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1.5
-
Kathleen CahalanKATHLEEN CAHALAN
PROJECT DIRECTOR
- Total calculated
- $102,632
- From this org
- $102,632
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Amy FistlerAMY FISTLER
DIRECTOR OF DEVELOPMENT
- Total calculated
- $116,580
- From this org
- $115,954
- From related orgs
- $0
- Other
- $626
- Hours/week
- 40
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
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
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501(C)(3) · BENEDICTINES IN SERVICE TO THE CHURCH AND THE WORLD · MN
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SISTERS OF THE ORDER OF ST BENEDICT
501(C)(3) · INSTITUTE OF ROMAN CATHOLIC WOMEN DEDICATED TO THE SERVICE OF GOD · MN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303399349300425
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