Acton Institute for the Study of Religion and Liberty

Acton Institute for the Study of Religion and Liberty

Grand Rapids, MI, US
501(c)3
EIN
38-2926822

Acton Institute for the Study of Religion and Liberty

Grand Rapids, MI, US
501(c)3
EIN
38-2926822

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$10,800,520

Contributions
87%
Investments
6%
Program Services
4%
Fundraising Events
2%
Other
1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$12,190,607

Salaries & Benefits
41%
Other
27%
Fees to Service Providers
13%
Grants
10%
Offices, Occupancy & IT
5%
Depreciation
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$9,655,483
$9,377,221
-3%
Government Grants
$0
$0
-
Fundraising Events
$183,396
$173,650
-5%
Program Services
$410,219
$471,723
+15%
Membership Dues
$0
$0
-
Investments
$2,036,391
$651,906
-68%
Other
-$262,599
$126,020
-148%
Total Revenues
$12,022,890
$10,800,520
-10%
Expenses
2023
2024
Change
Grants
$1,543,442
$1,236,335
-20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,581,371
$4,961,413
+8%
Fees to Service Providers
$1,563,969
$1,584,210
+1%
Advertising & Promotion
$145,114
$61,998
-57%
Offices, Occupancy & IT
$918,308
$641,988
-30%
Interest
$0
$0
-
Depreciation
$372,572
$402,029
+8%
Other
$3,552,566
$3,302,634
-7%
Total Expenses
$12,677,342
$12,190,607
-4%
Net income
2023
2024
Change
Net income
-$654,452
-$1,390,087
-112%
Functional Expenses
Summary
2023
2024
Change
Program
$10,393,003
$9,823,501
-5%
Admin
$838,516
$708,486
-16%
Fundraising
$1,445,823
$1,658,620
+15%
Total Expenses
$12,677,342
$12,190,607
-4%
Income Statement
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