The Charlemagne Institute, operating under the name Chronicles Magazine, is located in Frankfort, KY. The organization was established in 2009. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2023, Chronicles Magazine employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chronicles Magazine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Chronicles Magazine generated $450.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CHARLEMAGNE INSTITUTE IS DEFENDING AND ADVANCING WESTERN CIVILIZATION THROUGH PRINT, DIGITAL AND IN-PERSON COMMUNICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROMOTION AND EDUCATIONAL OUTREACH TO DEFEND AND ADVANCE WESTERN CIVILIZATION. EFFORTS INCLUDE TV INTERVIEWS, PODCASTS, SOCIAL MEDIA, MAILINGS, EMAILS, AND OTHER AVAILABLE TOOLS. IN ALL, CHARLEMAGNE INSTITUTE REACHES HUNDREDS OF THOUSANDS OF READERS ANNUALLY, WHILE SEEING MILLIONS OF CONTENT VIEWS VIA OUTREACH TO THE PUBLIC.
INTELLECTUAL TAKEOUT IS CHARLEMAGNE INSTITUTES WEBZINE GEARED TOWARDS A YOUNGER AMERICAN AUDIENCE. ESTABLISHED IN 2009, INTELLECTUAL TAKEOUT (ITO) HAS HUNDREDS OF THOUSANDS OF UNIQUE READERS ANNUALLY AND MILLIONS OF VIEWS OF CONTENT VIA SOCIAL MEDIA AND EMAIL OUTREACH AND COMMUNICATIONS. OVER THE COURSE OF A YEAR, ITO WILL PUBLISH OVER 1,000 ARTICLES PROMOTED TO HUNDREDS OF THOUSANDS OF FOLLOWERS VIA SOCIAL MEDIA AND EMAIL. OUR WEBZINE HELPS EDUCATE OUR READERS ON THE FOUNDATIONS, TRADITIONS, PRINCIPLES, AND HISTORY OF AMERICA AND WESTERN CIVILIZATION. AT THE SAME TIME, ITO DECONSTRUCTS MODERN AND PAST IDEOLOGIES, SHOWING THE FAULTY LOGIC AND THE DISASTROUS RESULTS. THROUGHOUT ALL OUR PUBLICATIONS, CHARLEMAGNE INSTITUTE DRAWS A CLEAR LINE BETWEEN OUR EDITORIAL DECISIONS AND OUR DONORS AND BOARD OF DIRECTORS. WHILE DONORS MAY DIRECT FUNDING TO SPECIFIC PROJECTS, SUCH AS THE ALCUIN INTERNSHIP, THEY ARE NOT DIRECTING THE WRITING OF PUBLISHING OF OUR CONTENT. WE PUBLISH A WIDE RANGE OF CONTENT THAT IS MEANT TO FOSTER DISCUSSION AND FURTHER INTELLECTUAL DISCOVERY.
CHRONICLES: A MAGAZINE OF AMERICAN CULTURE HAS BEEN A STRONGHOLD OF INTELLIGENT, CONSERVATIVE DISCOURSE ON WESTERN AND AMERICAN CULTURE SINCE 1977. EACH YEAR, WE PUBLISH 12 ISSUES OF THE MAGAZINE. ALL CHARLEMAGNE INSTITUTE MEMBERS RECEIVE A SUBSCRIPTION TO CHRONICLES. IN 2022, WE CELEBRATED OUR 45TH ANNIVERSARY. THROUGH THE PRINT MAGAZINE AS WELL AS SOCIAL MEDIA OUTLETS, OUR WEBSITE, TV AND RADIO INTERVIEWS, AND PODCASTS, CHRONICLES EXAMINES AND ANALYZES CURRENT EVENTS FROM THE PERSPECTIVES OF HISTORY, THEOLOGY, LITERATURE, AND PHILOSOPHY. INFLUENCING THE INFLUENTIAL, OVER A THIRD OF ITS SUBSCRIBERS HOLD ADVANCED DEGREES. ITS READERSHIP INCLUDES NOVELISTS, FILMMAKERS, UNIVERSITY PROFESSORS, TEACHERS, HOMESCHOOLING MOTHERS, PRIESTS AND PASTORS, CAPTAINS OF INDUSTRY, GOVERNMENT RESEARCHERS, JOURNALISTS, THINK TANK LEADERS, LAWYERS, BISHOPS, JUDGES, BUREAUCRATS, AND POLITICIANS. IN 2020, WE RELEASED OUR FIRST VOLUME OF REMEMBERING THE RIGHT, A SPECIAL COMPILATION ISSUE OF ARTICLES DEDICATED TO SHARING THE WISDOM OF PAST CONSERVATIVE AND WESTERN INTELLECTUALS. THROUGHOUT ALL OUR PUBLICATIONS, CHARLEMAGNE INSTITUTE DRAWS A CLEAR LINE BETWEEN OUR EDITORIAL DECISIONS AND OUR DONORS AND BOARD OF DIRECTORS. WHILE DONORS MAY DIRECT FUNDING TO SPECIFIC PROJECTS, SUCH AS THE ALCUIN INTERNSHIP, THEY ARE NOT DIRECTING THE WRITING OR PUBLISHING OF OUR CONTENT. WE PUBLISH A WIDE RANGE OF CONTENT THAT IS MEANT TO FOSTER DISCUSSION AND FURTHER INTELLECTUAL DISCOVERY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Roach CEO | OfficerTrustee | 40 | $142,857 |
Raymond Welder Chairman | OfficerTrustee | 2 | $0 |
Frank Russomanno Vice Chairman | OfficerTrustee | 2 | $0 |
Thomas Pauken Vice Chairman | OfficerTrustee | 2 | $0 |
George Csatary Treasurer | OfficerTrustee | 2 | $0 |
Sharon Hawkins Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $143,648 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $143,648 |
Total Program Service Revenue | $0 |
Investment income | $58,432 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $194,661 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $38,294 |
Miscellaneous Revenue | $0 |
Total Revenue | $450,245 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $142,857 |
Compensation of current officers, directors, key employees. | $10,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $554,726 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $74,256 |
Payroll taxes | $54,762 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $22,788 |
Information technology | $121,142 |
Royalties | $0 |
Occupancy | $34,958 |
Travel | $47,863 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,927 |
Insurance | $18,555 |
All other expenses | $41,107 |
Total functional expenses | $1,337,293 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,089 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,600 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $4,089 |
Net Land, buildings, and equipment | $12,625 |
Investments—publicly traded securities | $1,475,969 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,517,372 |
Accounts payable and accrued expenses | $93,645 |
Grants payable | $0 |
Deferred revenue | $153,237 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $246,882 |
Net assets without donor restrictions | $1,270,490 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,517,372 |