Institute For Ecumenical & Cultural Research
- Assets
- $17.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Collegeville, MN
- Founding
- 08/1967
- Data as of
- 06/2021
- EIN
- 41-6057644
Organization Overview
Institute For Ecumenical & Cultural Research is located in Collegeville, MN. The organization was established in 1967. According to its NTEE Classification (V21) the organization is classified as: Anthropology & Sociology, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Ecumenical & Cultural Research 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 06/2021, Institute For Ecumenical & Cultural Research generated $1.8m 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 (4.2%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE ECUMENICAL AND CULTURAL RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
COORDINATION OF THE CALLED TO LIVES OF MEANING PURPOSE INITIATIVE: TO COORDINATE, CONVENE, MONITOR AND ASSIST GRANTEES OF THE CALLED TO LIVES OF MEANING AND PURPOSE INITIATIVE.
ECCLESIAL LITERATURE PROJECT: WRITING WORKSHOPS ARE HELD THROUGHOUT THE YEAR, MAINLY IN THE SUMMER AND FALL. IN A HIGHLY COMPETITIVE APPLICATION PROCESS WHERE 12 WRITERS ARE INVITED TO SPEND A WEEK-LONG SESSION WITH A WELL-KNOWN WRITER AND PEERS IN A WRITING ENVIRONMENT THAT OFTEN TIMES PRODUCES PUBLISHED WORK.
COMMUNITIES OF CALLING INITIATIVE: COMMUNITIES OF CALLING WHO ENGAGE CHRISTIAN VOCATION IN WORSHIP, THEOLOGICAL STUDY AND COMMUNITY SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald B Ottenhoff Executive Director | Officer | 40 | $140,505 |
Kathleen Cahalan Program Director | 40 | $130,800 | |
Kilian Mcdonnell Osb President | OfficerTrustee | 0.1 | $0 |
Kathi Austin Mahle Vice Chair | OfficerTrustee | 1.5 | $0 |
Bill Cahoy Chair | OfficerTrustee | 1.5 | $0 |
Cindy Gehrig Secretary/treasurer | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,371,135 |
| Investment income | $178,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $192,313 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,756,332 |
| Statement of Expenses | |
|---|---|
| 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. | $322,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $379,349 |
| Pension plan accruals and contributions | $9,574 |
| Other employee benefits | $57,644 |
| Payroll taxes | $42,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,526 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $200,622 |
| Advertising and promotion | $301 |
| Office expenses | $70,641 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,131 |
| Travel | $3,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $388,849 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,901 |
| Insurance | $16,119 |
| All other expenses | $0 |
| Total functional expenses | $1,691,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,233,527 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $540,008 |
| 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 | $126,613 |
| Investments—publicly traded securities | $9,463,550 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,725,955 |
| Accounts payable and accrued expenses | $140,108 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $140,108 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $17,585,847 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Institute For Ecumenical & Cultural Research has recieved totaling $71,139.
| Awarding Organization | Amount |
|---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: SOCIAL SCIENCES | $39,139 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: BRICK, GLASS AND MORE CAMPAIGN | $22,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
Endowment Analysis
| Beg. Balance | $7,882,323 |
| Earnings | $2,179,411 |
| Net Contributions | $219,037 |
| Other Expense | -$393,694 |
| Ending Balance | $9,887,077 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Southwest Counseling Solutions Inc Detroit, MI | $10,435,524 | $23,926,279 |
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Duluth Regional Care Center Inc Duluth, MN | $17,149,445 | $20,614,667 |