THE DYNAMIC CATHOLIC INSTITUTE

EIN: 264549213 501(c)(3) Religion

CINCINNATI, OH

Total Revenue
$23,782,777
Total Expenses
$28,504,481
Total Assets
$44,394,379
Net Assets
$40,119,348
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
OH
Principal Officer
ANDREW KRUMME
Phone
8599807900
Tax Period
2023-01-01 to 2023-12-31

THE DYNAMIC CATHOLIC INSTITUTE, founded in 2009, is a mid-sized nonprofit in the Religion sector that reported $23.8M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $28.5M exceeded revenue, resulting in a 20% operating deficit.

Mission

THE DYNAMIC CATHOLIC MISSION IS TO RE-ENERGIZE THE CATHOLIC CHURCH IN AMERICA BY DEVELOPING WORLD-CLASS RESOURCES THAT INSPIRE PEOPLE TO REDISCOVER THE GENIUS OF CATHOLICISM.

Program Service Accomplishments

Program 1
Expenses: $17,587,906 Revenue: $284,659

EVANGELIZATION PROGRAM:SINCE ITS INCEPTION FIFTEEN YEARS AGO, THE PARISH BOOK PROGRAM HAS GROWN INTO THE #1 EVANGELIZATION PROGRAM IN AMERICA. EVERY CHRISTMAS AND EASTER, 32% OF THE PEOPLE WHO COME...

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EVANGELIZATION PROGRAM:SINCE ITS INCEPTION FIFTEEN YEARS AGO, THE PARISH BOOK PROGRAM HAS GROWN INTO THE #1 EVANGELIZATION PROGRAM IN AMERICA. EVERY CHRISTMAS AND EASTER, 32% OF THE PEOPLE WHO COME TO CHURCH ARE THERE FOR THE ONLY TIME ALL YEAR. BECAUSE WE BELIEVE THE RIGHT BOOK AT THE RIGHT TIME CHANGES LIVES, THE PARISH BOOK PROGRAM WAS CREATED TO HELP PARISHES THAT WANT TO DO SOMETHING ABOUT THIS. BOOKS ARE POWERFUL. WE GIVE PARISHES THE OPPORTUNITY TO PURCHASE BULK QUANTITIES OF AMAZING BOOKS AT INCREDIBLY LOW PRICES. EACH YEAR, THE TITLES OFFERED THROUGH THIS PROGRAM ARE INTENTIONALLY SELECTED AND DESIGNED TO INVITE AND INSPIRE PEOPLE WITH CONTENT THAT IS WRITTEN JUST FOR THEM. SINCE THIS INITIATIVE BEGAN, 10,000 PARISHES HAVE PARTNERED WITH DYNAMIC CATHOLIC TO GIVE OUT OVER 60 MILLION BOOKS BOOKS THAT HAVE TOUCHED THE LIVES OF COUNTLESS PEOPLE. THESE PARISHES HAVE BEEN IMPACTED AS WELL WITH INCREASED PARTICIPATION IN THE MASS AND GREATER FINANCIAL GIVING BY THEIR PARISHIONERS. IN 2023, DRAWING ON WHAT WE KNOW FROM EXPERIENCE WITH THE PARISH BOOK PROGRAM ABOUT THE RIGHT BOOK, DYNAMIC CATHOLIC INTRODUCED THE HOLY MOMENTS MOVEMENT. HOLY MOMENTS ARE THE PROFOUNDLY SIMPLE AND ASTONISHINGLY PRACTICAL WAY TO COLLABORATE WITH GOD, MOMENT BY MOMENT, FOR THE REST OF YOUR LIFE. THE GOAL OF THIS INITIATIVE IS TO TEACH AS MANY PEOPLE AS POSSIBLE ABOUT HOLY MOMENTS BY PUTTING THE BOOK IN THE HANDS OF MILLIONS OF PEOPLE. BY THE END OF 2023, SEVEN MILLION COPIES OF THE BOOK WERE DISTRIBUTED THROUGH DIRECT MAILINGS TO HOMES, BY PARTNERING WITH SCHOOLS TO SPONSOR HOLY MOMENTS PROGRAMS FOR STUDENTS, AND AS PART OF THE PARISH BOOK PROGRAM. REQUESTS AND BULK ORDERS FOR THE HOLY MOMENTS BOOK HAVE CONTINUED AT AN EXCITING PACE FOLLOWING COMPLETION OF THE FIRST FULL YEAR OF THE MOVEMENT. FREELY AVAILABLE VIDEO CONTENT AND STUDY GUIDES HAVE ALSO BEEN DEVELOPED TO ENHANCE PEOPLE'S EXPERIENCE OF THE BOOK AND ENCOURAGE THEM TO CREATE HOLY MOMENTS EVERY SINGLE DAY.

Program 2
Expenses: $2,843,197 Revenue: $433,142

CATHOLIC MOMENTS:ANOTHER WAY DYNAMIC CATHOLIC IS WORKING TO RE-ENERGIZE THE CATHOLIC CHURCH IS THROUGH OUR CATHOLIC MOMENTS PROGRAMS. BY LEVERAGING THE 10 MOST IMPORTANT MOMENTS IN THE LIFE OF EVERY...

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CATHOLIC MOMENTS:ANOTHER WAY DYNAMIC CATHOLIC IS WORKING TO RE-ENERGIZE THE CATHOLIC CHURCH IS THROUGH OUR CATHOLIC MOMENTS PROGRAMS. BY LEVERAGING THE 10 MOST IMPORTANT MOMENTS IN THE LIFE OF EVERY CATHOLIC, WE ARE GIVING INDIVIDUALS AND PARISHES THE BEST RESOURCES FOR SHARING AND LIVING THE FAITH. WE ARE ALSO COMMITTED TO MAKING THEM AVAILABLE AS INEXPENSIVELY AS POSSIBLE, BECAUSE WHAT GOOD ARE THE BEST RESOURCES IN THE WORLD IF CATHOLICS AND THEIR PARISHES CAN'T AFFORD THEM? CATHOLIC MOMENTS PROGRAMS CURRENTLY AVAILABLE TO INDIVIDUALS AND PARISHES INCLUDE: DECISION POINT, THE MOST POPULAR CONFIRMATION PROGRAM IN AMERICA; BLESSED, THE MOST ENGAGING AND EFFECTIVE FIRST COMMUNION AND FIRST RECONCILIATION PROGRAM; BEST LENT EVER AND BEST ADVENT EVER, WHICH HELP OVER A MILLION CATHOLICS PREPARE FOR CHRISTMAS AND EASTER EVERY YEAR; BETTER TOGETHER FOR MARRIAGE PREPARATION AND ENRICHMENT; STARTING POINT FOR BAPTISM; AND NO REGRETS, A REVOLUTIONARY NEW PROGRAM FOR MAKING THE MOST OF THE FOURTH QUARTER OF LIFE. PROGRAMS FOR SUNDAY MASS AND RCIA ARE CURRENTLY IN DEVELOPMENT. ALL OF THE VIDEO-BASED CONTENT ASSOCIATED WITH THE COMPLETED CATHOLIC MOMENTS PROGRAMS HAS RECENTLY BEEN MADE FREELY AVAILABLE ONLINE VIA DYNAMIC CATHOLIC'S NEW CONTENT SHARING PLATFORM, DYNAMIC+.

Program 3
Expenses: $360,109 Revenue: $338,637

EVENTS AND PILGRIMAGES:LIFE IS A PILGRIMAGE, BUT SOMETIMES YOU NEED A PILGRIMAGE TO DISCOVER LIFE. 89% OF CATHOLICS DESCRIBE AN EVENT OR EXPERIENCE AS THE TRIGGER OF THEIR NEW SPIRITUAL COMMITMENT...

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EVENTS AND PILGRIMAGES:LIFE IS A PILGRIMAGE, BUT SOMETIMES YOU NEED A PILGRIMAGE TO DISCOVER LIFE. 89% OF CATHOLICS DESCRIBE AN EVENT OR EXPERIENCE AS THE TRIGGER OF THEIR NEW SPIRITUAL COMMITMENT. FOR ALMOST 30 YEARS, MATTHEW KELLY AND DYNAMIC CATHOLIC HAVE BEEN HOSTING PILGRIMAGES TO SOME OF THE MOST SPIRITUAL AND IMPACTFUL SITES AROUND THE WORLD SUCH AS THE HOLY LAND, FATIMA AND LOURDES, MEDJUGORJE, ITALY AND MORE. AT DYNAMIC CATHOLIC, WE ARE PASSIONATE ABOUT CREATING AND DELIVERING LIFE-CHANGING EXPERIENCES THAT HELP PEOPLE SEE THEIR LIVES AND FAITH IN A WHOLE NEW WAY.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,178,390
Program Service Revenue $354,267
Investment Income $370,902
Other Revenue $879,218
TOTAL REVENUE $23,782,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,885,328
Fundraising Expenses $4,328,498
Program Expenses $20,961,995
Other Expenses $21,619,153
TOTAL EXPENSES $28,504,481

Year-over-Year Comparison

2023 2022 Change
Revenue $23,782,777 $28,254,026 -0.2%
Expenses $28,504,481 $25,372,089 +0.1%
Net Income $-4,721,704 $2,881,937 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
7
Employees
108
Volunteers
110

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$1,963,832
Total Directors
10
$2,158,455
Key Employees
1
$252,474
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW KELLY CEO 40.00
Officer Director
$0 $43,832 $1,963,832
ALLEN HUNT SENIOR ADVISOR 40.00
Director
$175,000 $19,623 $194,623
PATRICK BURKE CHAIRMAN 1.00
Officer Director
$0 $0 $0
BRIAN CASTER BOARD MEMBER 1.00
Director
$0 $0 $0
MARK MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDA STICE BOARD MEMBER 1.00
Director
$0 $0 $0
TRAVIS STICE BOARD MEMBER 1.00
Director
$0 $0 $0
FR JIM DEITERS BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
MARK TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW KRUMME VP OF OPERATIONS 40.00
Key Emp
$225,000 $27,474 $252,474
BRIAN WALSH MARKETING STRATEGY ADVISOR 40.00
Highest
$140,000 $27,256 $167,256
CHRISTOPHER KAISER SENIOR DEVELOPMENT OFFICER 40.00
Highest
$166,710 $12,548 $179,258
LARRY GABBARD JR SALESFORCE DEVELOPER 40.00
Highest
$118,317 $23,174 $141,491
EMALIE HUBER SENIOR DEVELOPMENT OFFICER 40.00
Highest
$151,077 $12,645 $163,722
GEORGE JOSTEN DIRECTOR OF MINISTRY SERVI 40.00
Highest
$152,000 $25,727 $177,727
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $23,782,777 $28,504,481 $44,394,379 $-4,721,704
2022 $28,254,026 $25,372,089 $49,471,883 $2,881,937
2021 $24,743,201 $18,051,426 $46,011,933 $6,691,775
2020 $24,260,044 $17,377,764 $37,712,567 $6,882,280
2019 $24,488,356 $21,048,429 $30,837,305 $3,439,927
2018 $22,173,533 $22,862,132 $28,134,545 $-688,599
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