Westar Institute Inc
- Assets
- $987.1k
- Revenue
- $566.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Lehi, UT
- Founding
- 07/1993
- Data as of
- 12/2021
- EIN
- 94-3181460
Organization Overview
Westar Institute Inc is located in Lehi, UT. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Westar Institute Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westar Institute Inc 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 12/2021, Westar Institute Inc generated $566.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $472.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. 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
WESTAR INSTITURE IS DEDICATED TO FOSTERING AND COMMUNICATING THE RESULTS OF CUTTING-EDGE SCHOLARSHIP ON THE HISTORY AND EVOLUTION OF THE CHRISTIAN TRADITION, THEREBY RAISING THE LEVEL OF PUBLIC DISCOURSE ABOUT QUESTIONS THAT MATTER IN SOCIETY AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOOK PUBLISHING: POLEBRIDGE PRESS, THE PUBLISHING IMPRINT OF WESTAR INSTITUTE, PUBLISHES AND MAKES AVAILABLE BOOKS WHICH HELP COMMUNICATE THE RESULTS OF SCHOLARSHIP IN RELIGION TO THE GENERAL PUBLIC, AND SCHOLARLY BOOKS IN SUPPORT OF COLLABORATIVE SCHOLARSHIP.
PUBLIC EDUCATIONAL OUTREACH: SEMINARS "ON-THE-ROAD," ONLINE PUBLIC LECTURES, AND OTHER OUTREACH PROGRAMS LIKE WESTAR'S THINK TANK ARE CONDUCTED ON A VARIETY OF TOPICS, IN A VARIETY OF MEDIUMS, PROVIDING PUBLIC ACCESSIBILITY TO THE RESULTS OF WESTAR'S RESEARCH. WESTAR IS IN THE PROCESS OF DEVELOPING AN ONLINE ACADEMY TO OFFER CLASSES, COURSES, AND EDUCATIONAL EVENTS.
COLLABORATIVE ACADEMIC RESEARCH: SEMI-ANNUAL MEETINGS, SEMINARS, WORKSHOPS, LECTURES AND OTHER ACADEMIC PROGRAMS FOSTER AND PROMOTE COLLABORATIVE RESEACH AMONG RELIGION SCHOLARS FROM ACCREDITED UNIVERSITIES AND COLLEGES. THESE EVENTS ARE OPEN TO AND ATTENDED BY THE PUBLIC, AND THE RESULTING PUBLISHED PAPERS ARE MADE AVAILABLE TO THE GENERAL PUBLIC, AS WELL AS THE ACADEMIC COMMUNITY.
PERIODICALS: THE FOURTH R IS A BI-MONTHLY MAGAZINE WITH CONTENT INTENDED MAINLY FOR THE GENERAL PUBLIC THAT IS PUBLISHED SIX TIMES PER YEAR. THE FORUM, INTENDED FOR A MORE ACADEMIC READERSHIP, PRESENTS THE WORK OF RELIGION SCHOLARS AND WESTAR INSTITUTE FELLOWS, USUALLY IN THE FORM OF ACADEMIC PAPERS, AND IS PUBLISHED TWICE PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nina Livesey Director | Trustee | 5 | $506 |
Jarmo Tarkki Treasurer | Officer | 5 | $300 |
Sarah Morice Brubaker Director | Officer | 5 | $300 |
Jason Beduhn Director | Trustee | 5 | $204 |
Lane Mcgaughy Director | Trustee | 5 | $119 |
Hal Taussig Director | Trustee | 5 | $117 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $59,443 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $357,518 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $416,961 |
| Total Program Service Revenue | $0 |
| Investment income | $16,421 |
| 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 | $132,835 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $566,217 |
| 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 | $1,561 |
| Other salaries and wages | $155,124 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,129 |
| Payroll taxes | $13,717 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,230 |
| Fees for services: Accounting | $2,021 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,025 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,789 |
| Advertising and promotion | $3,043 |
| Office expenses | $16,282 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $641 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,340 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,575 |
| Insurance | $2,473 |
| All other expenses | $22,882 |
| Total functional expenses | $472,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,290 |
| Savings and temporary cash investments | $103,724 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,651 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $54,696 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $643,724 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $987,085 |
| Accounts payable and accrued expenses | $37,424 |
| 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 | $37,424 |
| Net assets without donor restrictions | $660,077 |
| Net assets with donor restrictions | $289,584 |
| 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 | $987,085 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Westar Institute Inc has recieved totaling $33,972.
| Awarding Organization | Amount |
|---|---|
Crawford Heritage Community Foundation Meadville, PA PURPOSE: GENERAL SUPPORT | $19,872 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $14,100 |
Endowment Analysis
| Beg. Balance | $222,555 |
| Earnings | $67,029 |
| Ending Balance | $289,584 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Terros Inc Phoenix, AZ | $47,004,822 | $84,266,385 |
Childrens Miracle Network Salt Lake City, UT | $141,998,389 | $48,445,595 |
Arizona Behavioral Health Corporation Phoenix, AZ | $19,459,678 | $40,892,493 |
Turning Point Usa Inc Phoenix, AZ | $7,306,560 | $39,843,289 |
Jeffco Action Center Inc Lakewood, CO | $11,439,169 | $24,458,851 |
The Housing Company Boise, ID | $54,365,926 | $13,345,868 |
Lake Mead Christian Ministries Henderson, NV | $10,080,445 | $5,975,624 |
Sunrise Childrens Foundation Las Vegas, NV | $7,660,611 | $10,104,124 |
Clark County Public Education Foundation Inc Las Vegas, NV | $20,645,889 | $7,373,983 |
Coloradans For Responsible Energy Development Denver, CO | $1,966,473 | $10,490,943 |
Mercy Housing West Denver, CO | $50,068,396 | $10,621,235 |
National Endowment For Financial Education Denver, CO | $147,623,294 | $20,278,344 |