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← INSTITUTE FOR ECUMENICAL & CULTURAL RESEARCH

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.

  • 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

  • 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

  • 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 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 Wells

    ACTING EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    40
  • Mary Pickard

    CHAIR; BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Kilian McDonnell

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • Kathi Austin Mahle

    BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Susan Colianni

    BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • James Alberts II

    BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Bruce Ensrud

    BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Cindy Gehrig

    BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Patricia Lull

    BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Susan Peterson

    BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ellie Roscher

    BOARD OF DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Abbot John Klassen

    EX OFFICIO

    Total calculated
    $0
    Hours/week
    2
  • Michael Patella Osb

    DELEGATE FOR EX OFFICIO

    Total calculated
    $0
    Hours/week
    1.5
  • Ann Marie Biermaier Osb

    DELEGATE FOR EX OFFICIO

    Total calculated
    $0
    Hours/week
    1.5
  • Kathleen Cahalan

    PROJECT DIRECTOR

    Total calculated
    $102,632
    From this org
    $102,632
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Amy 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.

  • ORDER OF ST BENEDICT

    501(C)(3) · BENEDICTINES IN SERVICE TO THE CHURCH AND THE WORLD · MN

  • 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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