Lumen Christi Institute
- Assets
- $5.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 15
- Location
- Chicago, IL
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 36-4191992
Organization Overview
Lumen Christi Institute is located in Chicago, IL. The organization was established in 1946. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Lumen Christi Institute employed 15 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lumen Christi Institute 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 06/2022, Lumen Christi Institute generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CATHOLIC SCHOLARS PROGRAM IS A CORE INITIATIVE FOR THE RENEWAL OF CATHOLIC THOUGHT AND INTELLECTUAL LIFE. BY CREATING THE OCCASION FOR EXCHANGE AMONG CATHOLIC INTELLECTUALS, BY FACILITATING COLLABORATIVE SCHOLARLY WORK, BY PROVIDING AN AVENUE FOR LEADERSHIP AND SCHOLARSHIP, AND BY SUPPORTING SIMILAR INSITUTUTES, THE CATHOLIC SCHOLARS PROGRAM ENRICHES CATHOLIC THOUGHT LOCALLY AND INTERNATIONALLY. THE CORE AREAS OF THIS PROGRAM ARE THE PROGRAM IN CATHOLIC SOCIAL THOUGHT, THE SUMMER SEMINARS IN THE CATHOLIC INTELLECTUAL TRADITION, AND THE IN LUMINE NETWORK. THE INITIATIVE IS DESIGNED TO RENEW CATHOLIC THOUGHT AND TO NURTURE THE NEXT GENERATION OF CATHOLIC COLLEGE AND UNIVERSITY TEACHERS.
THE UNIVERSITY PROGRAM IN CATHOLIC THOUGHT ENCOURAGES STUDENTS AND FACULTY AT THE UNIVERSITY OF CHICAGO TO DEEPLY ENGAGE THE CATHOLIC INTELLECTUAL AND SPIRITUAL TRADITIONS BY HOSTING BOTH VIRTUAL AND IN-PERSON EVENTS WITH VISITING FELLOWS AND OFFERING LECTURES, COLLOQUIA, NON-CREDIT COURSES AND OTHER EVENTS LIKE RELIGIOUS BOOK DISCUSSIONS AND BOOK EVENTS.
THE LUMEN CHRISTI INSTITUTE CULTURAL FORUM SEEKS TO ENGAGE THE CHURCH, THE ACADEMY AND THE PUBLIC AS A MEANS OF PROMOTING THE THE EVANGELIZATION OF CULTURE CALLED FOR BY POPE JOHN PAUL II. IN-PERSON AND VIRTUAL EVENTS IN THIS PROGRAM HAVE INCLUDED SACRED MUSIC CONCERTS, DISCUSSIONS ON LAW AND CULTURE, CATHOLIC SOCIAL THOUGHT AND THE ECONOMY, RELIGION AND SECULAR CULTURE IN EUROPE AND CATHOLIC EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Le Chevallier Secretary | Officer | 40 | $130,981 |
Lena Perona Treasurer | Officer | 6 | $14,489 |
Thomas Levergood President, Exec Dir | OfficerTrustee | 40 | $14,422 |
Daniel Wasserman Exec Dir From 9/2022 | Officer | 40 | $0 |
Alietia Caughron Chair | Trustee | 2 | $0 |
John T Cusack Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $2,441,402 |
| Noncash contributions included in lines 1a–1f | $95,789 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,441,402 |
| Total Program Service Revenue | $49,665 |
| Investment income | $2,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,493,636 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $495,281 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,117 |
| Payroll taxes | $37,006 |
| Fees for services: Management | $247,978 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $266,322 |
| Advertising and promotion | $0 |
| Office expenses | $19,058 |
| Information technology | $49,613 |
| Royalties | $0 |
| Occupancy | $23,966 |
| Travel | $7,638 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $438,277 |
| Interest | $29,197 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,149 |
| Insurance | $1,499 |
| All other expenses | $459 |
| Total functional expenses | $1,795,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,257,626 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,641,132 |
| Accounts receivable, net | $0 |
| 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 | $30,923 |
| Net Land, buildings, and equipment | $1,777,326 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $5,709,007 |
| Accounts payable and accrued expenses | $73,787 |
| Grants payable | $1,475,586 |
| Deferred revenue | $4,450 |
| 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 | $570,495 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,124,318 |
| Net assets without donor restrictions | $1,920,413 |
| Net assets with donor restrictions | $1,664,276 |
| 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 | $5,709,007 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Lumen Christi Institute has recieved totaling $672,711.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $217,750 |
The Catholic Association Foundation Washington, DC PURPOSE: General Support | $150,000 |
James And Zita Gavin Foundation Inc Kenilworth, IL PURPOSE: UNRESTRICTED CHARITABLE GIFT | $75,936 |
The Thiel Foundation West Hollywood, CA PURPOSE: GRANTS | $56,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $52,500 |
Mazza Foundation Chicago, IL PURPOSE: UNIV 25,SEM 15, HS 5 | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Christian Buehler Memorial Peoria, IL | $194,168,877 | $24,390,628 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Mission Eurasia Wheaton, IL | $4,079,309 | $7,777,222 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
Lutheran Bible Translators Inc Concordia, MO | $15,904,913 | $8,793,746 |
Refugeeone Chicago, IL | $12,176,477 | $10,528,802 |