2023-08-07T12:25:02-05:00 2022-12-31 363990892 Capin Crouse LLP 345 Massachusetts Avenue Suite 300 Indianapolis IN 46204 990 2022-01-01 382926822 Acton Institute for the Study of Religion and Liberty ACTO 6164543080 98 E Fulton St 101 Grand Rapids MI 49503 Kris Mauren President 6164543080 2023-08-07 1 Kris Mauren 999009999 1 Daren Daiga P01074795 5055022746 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Kris Mauren 98 E Fulton St 101 Grand Rapids MI 49503 21551360 0 X www.acton.org X 1990 MI To promote a free and virtuous society characterized by individual liberty 13 11 45 30 971342 847689 14007762 11861238 200238 320483 866768 1110500 -101452 -61526 14973316 13230695 371076 1541972 0 0 3530016 4156732 23003 26575 1162937 3863346 6070342 7787441 11795621 7185875 1435074 30417639 29496446 3936524 1787622 26481115 27708824 X The mission of the Acton Institute is to promote a free and virtuous society characterized by individual liberty and sustained by religious principles. 0 0 4907332 975312 144924 Education:The Programs and Education Department of the Acton Institute equips current and future leaders in education, religion and business through quality educational programming by articulating the moral basis for a free economy that creates an environment in which all have the opportunity to flourish. These programs are open to all who are interested, but special consideration is given to those with a proven track record of effectuating change and influencing those in their institutions, communities, and denominations both nationally and internationally.The Institute's educational programming includes both large and small conferences. Acton's flagship event, Acton University, an annual four-day conference that explores the foundations of a free society, draws over 800 participants from nearly 90 countries. Many of those who attend Acton Institute conferences, including Acton University, receive financial support to cover expenses such as room and board, conference fees, and travel in cases of need. The staff of the Education Department also invests considerable time in cultivating ecumenical networks of religious leaders, students, educators, and businesspeople in order to expand the Institute's reach, develop strategic partnerships, and remain connected to the needs and demands of the Institute's constituencies. 1967806 388953 135859 Research:The Institute's academic investigations are conducted by its Research Department. The work produced at Acton Research includes the disciplines of philosophy, economics, theology, and history, among others, and it includes the contributions of both in-house research fellows and of invited scholars. Additionally, the materials and research produced at the Acton Institute are delivered locally in Grand Rapids as well as at national and international conferences with the goal of reaching the scholarly community at large.The Research Department publishes books, journals, monographs, and occasional papers, along with essays at respected and scholarly online outlets. The Journal of Markets & Morality is a semi-annual refereed journal that provides a forum for scholars from many disciplines to engage issues concerning the morality of the marketplace. The Christian Social Thought Series examines, in each volume, a key economic issue facing Christians. Non-Christians have also written articles and books addressing relevant themes of interest to the Acton Institute, such as liberty, religious freedom, and the free economy.The Research Department also manages Acton's academic scholarship programs. Fellowships are awarded to provide financial assistance to promising doctoral candidates, graduate students, and seminarians who are advancing an understanding of the connection between economic liberty and religious values. Free Market Mini-Grants help fund university course development and faculty research in market economics at colleges, universities, and seminaries in the United States and Canada. The Freedom and Prosperity Grant promotes research by scholars internationally into the relationship between freedom and prosperity using the Atlantic Council Freedom and Prosperity Indexes. The annual Novak Award recipient is presented with a prize to acknowledge and reward new research on the relationship between religion, economic freedom, and the free and virtuous society.Lastly, the Research Department manages a number of programs, including (1) small specific conferences for scholars and graduate students that mostly are held in Grand Rapids, (2) larger conferences for scholars, graduate students, public intellectuals and leading religious figures, and (3) an academic colloquium held annually in Grand Rapids, (4) helps oversee the scholarly and programmatic outreach of Acton's Rome office.Internationally, we have held conferences on various topics such as economic liberty, economic history, poverty and development, Catholic social teaching, war and peace, Protestant social thought, Judaism and the economy, property rights, monetary policy, and limited government. 1780782 177707 109530 General Education and Communications:The Institute reaches out to business leaders, policymakers, students, and religious and community leadership groups through lectures, media products, web and social media, and various writings. The 2022 annual dinner celebrating 32 years of the Acton Institute was held in Grand Rapids to promote outreach and to thank supporters for their partnership. The dinner and program festivities included discourse with prominent public speakers and Institute supporters. Over 500 participated, representing many states and several foreign countries. We host a busy slate of activities and events in our local facility for discussions of a variety of topics related to our work, including our flagship Acton Lecture Series. Acton Institute also operates a bookstore to promote and sell its own publications, in addition to outside publications, related to our mission and program outreach areas. These educational materials were sold, distributed and exhibited at a variety of events throughout the world.Our rich and robust web presence centers on the Acton website (www.acton.org), and includes other Acton sites such as Religion and Liberty Online as well as a great deal of current and historical Acton-produced content. The Institute has a broad and growing presence in social media. This platform has steadily increased the scope and frequency of Acton's outreach to the general public.The Communications Department manages the growing family of Acton websites, blog, podcasts, and social media which use leading technology to integrate text, audio, and video content in easily accessible formats and venues to promote Acton's message to web users. It publishes the print and digital editions of the redesigned Religion & Liberty. The Communications Department also connects Acton experts with print and broadcast journalists covering faith and policy issues. 1009592 Media:The Media Department promotes Acton's message through various media products and outlets. The distribution of our feature-length films continued across the U.S. and internationally, including translation into several languages. Acton's media products were distributed with a focus on digital platforms. They can be found on familiar platforms such as Amazon and iTunes, in addition to others. A curriculum and related website about enterprise solutions to poverty in the developing world (PovertyCure) continued to be promoted. Many schools and universities have incorporated this resource into their curriculums. The project seeks to build a network of likeminded organizations as well as to promote a proper understanding of the human person and society. The media projects will encourage solutions that create opportunity and unleash the entrepreneurial spirit. Acton's documentary Poverty, Inc. has earned more than 45 film festival awards to date, including the $100,000 Templeton Freedom Award. The film has screened more than 500 times in 28 countries. It's impact continues and it streams on multiple platforms.Production on Acton's newest documentary film The Hong Konger commenced in 2021 and was completed in 2022. It received multiple film festival screenings and awards. The planned release for the film is April 2023. 1009592 9665512 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 1 1 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 275 0 1 45 1 1 1 1 IT 0 0 0 1 1 0 0 0 0 0 0 X 13 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CO CT FL IL KS KY MA MD ME MI MN MS NC NH NJ NM NV OH OK OR PA RI SC TN UT VA WA WI WV X X Tom Vogt 6164543080 98 E Fulton St 101 Grand Rapids MI 49503 Kris Mauren President 50.00 X X 325471 0 38775 Rev Robert A Sirico President Emeritus 50.00 X X 160000 0 16068 David Humphreys Chairman 1.00 X X 0 0 0 Frank Hanna III Vice Chairman 1.00 X X 0 0 0 JC Huizenga Secretary 1.00 X X 0 0 0 John Kennedy III Treasurer 1.00 X X 0 0 0 Michael Muraski Director 1.00 X 0 0 0 Nathaniel Fischer Director 1.00 X 0 0 0 John Crowe Director 1.00 X 0 0 0 Leslie Graves Director 1.00 X 0 0 0 David A Durell Director 1.00 X 0 0 0 Nathan Bond Director 1.00 X 0 0 0 Rick DeVos Director 1.00 X 0 0 0 Kyle Bode Director (part year) 1.00 X 0 0 0 Tom Vogt Director of Finance 50.00 X 114258 0 34068 Stephen Barrows Chief Operating Officer 50.00 X 181362 0 37161 Alejandro Chafuen Managing Director of Inter 50.00 X 175260 0 37757 Michael Miller Director of Media 50.00 X 146379 0 32559 Kevin Augustyn VP of Development 50.00 X 144369 0 24001 Eric Kohn Director of Communications 50.00 X 128080 0 30331 Anthony Sacramone Executive Editor 50.00 X 111244 0 29804 1486423 0 280524 9 0 1 0 Bluewater Technologies Group Inc 30303 Beck Road Wixom MI 48393 Event Media Production 351701 Cox Reps Inc 1 Dag Hammarskjold Plaza New York NY 10017 Advertising 300000 Crossfire Productions Inc 3030 Maplevale Ct Grandville MI 49418 Film Production 204827 Iron Light Inc 300 S Riverside Plaza Suite 1625 Chicago IL 60606 Marketing & Promotion 107510 4 172030 88663 11600545 560055 11861238 Education 900099 144776 144776 Research 900099 135859 135859 Gen. Edu/Comm. 900099 39700 39700 148 148 320483 989802 973983 15819 9000 11641 -2641 -2641 -2641 8237058 8116360 120698 120698 120698 34700 172030 163415 -128715 -128715 99079 29249 69830 69830 13230695 390313 971342 7802 X 515233 515233 603719 603719 423020 423020 909548 609397 145528 154623 2565410 1923689 198010 443711 166357 121267 16446 28644 262580 191409 25959 45212 252837 184306 24996 43535 7040 3007 4033 27116 4468 22648 26575 26575 1521043 1457029 14882 49132 418117 418067 50 614609 433053 29400 152156 118433 96317 13065 9051 134884 108685 14528 11671 165133 59968 45618 59547 1827144 1812698 9491 4955 300511 181522 82836 36153 27403 18510 5056 3837 Tax on UBI 185588 185588 Equipment 117480 91405 16592 9483 Meals and Entertainment 38384 34923 2409 1052 567457 373820 110087 83550 11795621 9665512 967172 1162937 4418188 3132763 7457506 2156570 3490817 2483654 80063 109530 35410 30044 250974 493808 9587391 3592429 6116312 5994962 4539969 10030115 4028400 5065000 30417639 29496446 457633 510622 3478891 1277000 3936524 1787622 X 16330253 15261040 10150862 12447784 26481115 27708824 30417639 29496446 X 1435074 94307 -301672 X 0 1 X 1 0 X 8877746 9603513 8177879 14007762 11861238 52528138 8877746 9603513 8177879 14007762 11861238 52528138 18063596 34464542 259577 199598 76111 77474 24819 637579 237896 281360 346035 483259 810521 2159071 55324788 1896476 0.62290 0.65700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 705185 -112404 25092 567689 643047 83354 21216 705185 572429 12809 79745 21936 643047 510261 72429 10261 572429 554319 -23107 20951 510261 1.00000 0 0 1080000 1080000 6082839 1452554 4630285 1592863 1389728 203135 831689 750147 81542 5994962 Common Stock of Privately Held Corp. 5065000 F 5065000 Refundable advance 1277000 1277000 13547734 94307 483514 40890 618711 12929023 301672 301672 13230695 12320025 483514 40890 524404 11795621 0 11795621 Part V, Line 4: The intended use for the endowment fund is to support the Novak award. Part XI, Line 2d - Other Adjustments: Rental expense included on Part VIII, Line 6b 11,641. Cost of goods sold included on Part VIII, Line 10b 29,249. Part XI, Line 4b - Other Adjustments: Book to tax difference for UBTI reported on Schedule K-1 301,672. Part XII, Line 2d - Other Adjustments: Rental expense included on Part VIII, Line 6b 11,641. Cost of goods sold included on Part VIII, Line 10b 29,249. 1 Europe (Including Iceland & Greenland) 1 2 Program Services Education 229601 Europe (Including Iceland & Greenland) 0 0 Grants to Recipients 167391 South America 0 0 Grants to Recipients 155072 Central America and the Caribbean 0 0 Grants to Recipients 21806 Sub-Saharan Africa 0 0 Grants to Recipients 28601 Middle East and North Africa 0 0 Grants to Recipients 42810 South Asia 0 0 Grants to Recipients 3067 North America 0 0 Grants to Recipients 3073 East Asia and the Pacific 0 0 Grants to Recipients 1200 1 2 0 0 1 2 651421 1200 652621 South America The Acton Institute has established relationships with several international affiliate organizations that share our mission and seek to promote ideas of the Acton Institute. The affiliates are independent organizations that work with Acton to promote the ideas of a free and virtuous society in their own countries and within their own cultural context. Acton provides these affiliates with small grants for conferences, publications, website maintenance, translation, and other activities. 25000 Electronic transfer 0 South America Support for conference 10000 Electronic transfer 0 South America Support for film 25000 Electronic transfer 0 3 0 Education and travel assistance South America 65 83672 Wire Education and travel assistance Central America and the Caribbean 3 20306 Wire Education and travel assistance Europe (Including Iceland & Greenland) 106 154333 Wire Education and travel assistance Sub-Saharan Africa 22 28601 Wire Education and travel assistance East Asia and the Pacific 1 1200 Wire Education and travel assistance Middle East and North Africa 33 41810 Wire Education and travel assistance South Asia 1 1267 Wire Education and travel assistance North America 1 1246 Wire 0 0 0 0 0 0 Part I, Line 2: Grant recipients are required to submit a written report detailing how the grant funds were used. The reports are reviewed by Acton staff to verify proper use. Some grants relate to Acton sponsored events and can be verified internally. Grant funds may be revoked for use outside of grant purpose. Part I, line 3: Expenditures are accounted for using the accrual method of accounting. Part III Accounting Method: X X X X X 1 Optimize Consulting PO Box 660121 Austin TX 78766 Fundraising Consulting 0 0 26575 -26575 26575 -26575 AK AL AR CO CT FL IL KS KY MA MD ME MI MN MS NV NC ND NH NM OH OK OR PA RI SC TN UT WA VA WI WV Annual Dinner 206730 172030 34700 3393 95039 3500 61483 206730 172030 34700 3393 95039 3500 61483 163415 -128715 Schedule G, Part I, Line 2b, Column (v) The professional fundraising services were consulting in nature, no gross receipts were directly generated from the services provided. 1 Sacred Heart Academy Education Foundation 1200 Dayton Street Southwest Grand Rapids MI 49504 844727731 501(c)(3) 154960 0 Organization support Donor's Trust Inc 1800 Diagonal Rd Ste 280 Alexandria VA 22314 522166327 501(c)(3) 150000 0 Organization support Woodlawn Foundation 56 Harrison St Ste 401 New Rochelle NY 10801 133055729 501(c)(3) 56776 0 Organization support Better Way Detroit 1452 Hawthorne Dr Grosse Pointe Woods MI 48236 844915322 501(c)(3) 25000 0 Organization support Center for Civil Society 5885 Colleen Drive Troy MI 48085 204509029 501(c)(3) 12500 0 Organization support Franciscan University of Steubenville 1235 University Blvd Steubenville OH 43952 340714818 501(c)(3) 7000 0 Organization support University of North Alabama One Harrison Plaza Florence AL 35632 636000893 501(c)(3) 7000 0 Organization support 7 0 Novak Award 1 15000 Research, Fellowship 283 307036 Travel Scholarships 213 281683 Part I, Line 2: Grant recipients are required to submit a written report detailing how the grant funds were used. The reports are reviewed by Acton staff to verify proper use. Some grants relate to Acton sponsored events and can be verified internally. Grant funds may be revoked for use outside of grant purpose. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Kris Mauren President 314671 0 4000 0 6800 0 15945 0 23294 0 364710 0 0 0 Stephen Barrows Chief Operating Officer 175112 0 6250 0 0 0 12105 0 25662 0 219129 0 0 0 Alejandro Chafuen Managing Director of Inter 169760 0 5500 0 0 0 12089 0 26168 0 213517 0 0 0 Michael Miller Director of Media 126379 0 20000 0 0 0 9808 0 23309 0 179496 0 0 0 Rev Robert A Sirico President Emeritus 150000 0 10000 0 0 0 16068 0 698 0 176766 0 0 0 Kevin Augustyn VP of Development 135119 0 4250 0 5000 0 5000 0 19407 0 168776 0 0 0 Eric Kohn Director of Communications 125830 0 2250 0 0 0 10181 0 20653 0 158914 0 0 0 Part I, Line 1a Kris Mauren utilizes the organization's membership with University Club for bona-fide business purposes to conduct offsite meetings with staff and donors. It is policy to have him reimburse the organization for any personal charges that are not considered bona-fide business expenses. This benefit is treated as nontaxable. Part I, Line 7 Non-fixed payments in the form of bonuses were given to the following individuals: Robert Sirico, President Emeritus Kris Mauren, President Michael Miller, Director of Media Alejandro Chafuen, Managing Director of International Eric Kohn, Director of Communications Stephen Barrows, Chief Operating Officer Kevin Augustyn, VP Development Tom Vogt, Director of Finance Anthony Sacramone, Executive Editor X 10 560055 Cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 6 The corporation is organized on a membership basis. There are two classes of members: full members and associate members. Only full members are entitled to vote. The full members elect one or more members of the governing body, the Board of Directors. The original members were appointed in the founding documents of incorporation. New members may be added by a two-thirds vote of the full members. The Board of Directors, by unanimous action, may terminate the membership of any member who fails to comply with the bylaws or regulations. Form 990, Part VI, Section A, line 7a Members have the ability to elect or appoint one or more members of the organization's governing body, the Board of Directors. The bylaws grant members the power to fill vacancies or remove existing directors by a majority vote. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the Director of Finance. A draft copy of the Form 990 is electronically provided to the members of the Board of Directors for review prior to filing. In addition, a copy of the Form 990 draft will be available in a secured part of the website. Form 990, Part VI, Section B, line 12c Officers,board members, and key employees sign annual conflict of interest statements which are reviewed by the Director of HR and the President. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The Board, along with the Compensation Committee, investigates and determines the compensation package for the President and President Emeritus. The President and Human Resources determine the compensation for all other officers. The process includes comparison to similar organizations and salary surveys as well as analysis of responsibilities and performance. The approval process for the President, President Emeritus and all other officers is documented in the minutes. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are made available upon request. Form 990, Part IX, line 11g Contracted services: Program service expenses 484,111. Management and general expenses 14,069. Fundraising expenses 34,531. Total expenses 532,711. Other fees: Program service expenses 222,137. Management and general expenses 813. Fundraising expenses 9,723. Total expenses 232,673. Media Production Services: Program service expenses 196,617. Management and general expenses 0. Fundraising expenses 0. Total expenses 196,617. Graphics and Design Services: Program service expenses 31,529. Management and general expenses 0. Fundraising expenses 4,878. Total expenses 36,407. Editorial Services: Program service expenses 166,292. Management and general expenses 0. Fundraising expenses 0. Total expenses 166,292. Honorariums: Program service expenses 356,343. Management and general expenses 0. Fundraising expenses 0. Total expenses 356,343. Form 990, Part XI, line 9: Book to tax difference for UBTI reported on Schedule K-1 -301,672.