ANSWERS IN GENESIS INC

EIN: 330596423 501(c)(3) Religion

PETERSBURG, KY

Total Revenue
$73,525,907
Total Expenses
$56,399,517
Total Assets
$193,086,794
Net Assets
$153,537,460
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
KY
Principal Officer
KENNETH HAM
Phone
8597272222
Tax Period
2024-01-01 to 2024-12-31

ANSWERS IN GENESIS INC, founded in 1993, is a mid-sized nonprofit in the Religion sector that reported $73.5M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17.1M, a strong 23% operating margin.

Mission

WE PROCLAIM THE ABSOLUTE TRUTH AND AUTHORITY OF THE BIBLE WITH BOLDNESS. WE RELATE THE RELEVANCE OF A LITERAL GENESIS TO THE CHURCH AND WORLD TODAY WITH CREATIVITY. WE OBEY GOD'S CALL TO DELIVER THE MESSAGE OF THE GOSPEL, INDIVIDUALLY AND COLLECTIVELY.

Program Service Accomplishments

Program 1
Expenses: $22,503,557 Revenue: $14,517,325

CREATION MUSEUM - THE CREATION MUSEUM, LOCATED IN THE GREATER CINCINNATI/NORTHERN KENTUCKY AREA, OPENED ITS DOORS MEMORIAL DAY OF 2007 AND HAS SINCE REGULARLY WELCOMED HUNDREDS OF THOUSANDS OF GUESTS...

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CREATION MUSEUM - THE CREATION MUSEUM, LOCATED IN THE GREATER CINCINNATI/NORTHERN KENTUCKY AREA, OPENED ITS DOORS MEMORIAL DAY OF 2007 AND HAS SINCE REGULARLY WELCOMED HUNDREDS OF THOUSANDS OF GUESTS EACH YEAR.

Program 2
Expenses: $5,575,704 Revenue: $4,071,253

RESOURCE DISTRIBUTION - BOOKS, VIDEOS, CDS, DVDS AND OTHER MATERIALS SPECIFIC TO AIG'S MINISTRY PURPOSE ARE MADE AVAILABLE THROUGH PHONE, MAIL, INTERNET, AND ONSITE RETAIL (THROUGH THE CREATION...

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RESOURCE DISTRIBUTION - BOOKS, VIDEOS, CDS, DVDS AND OTHER MATERIALS SPECIFIC TO AIG'S MINISTRY PURPOSE ARE MADE AVAILABLE THROUGH PHONE, MAIL, INTERNET, AND ONSITE RETAIL (THROUGH THE CREATION MUSEUM'S DRAGON HALL).

Program 3
Expenses: $514,667 Revenue: $302,000

RESOURCE DISTRIBUTION - (MAGAZINES) - ANSWERS MAGAZINE IS A CREATION-BASED WORLDVIEW PUBLICATION, PRIMARILY FOR DISTRIBUTION TO SUBSCRIBERS IN THE USA AND THE UNITED KINGDOM, BUT ALSO TO A LIMITED...

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RESOURCE DISTRIBUTION - (MAGAZINES) - ANSWERS MAGAZINE IS A CREATION-BASED WORLDVIEW PUBLICATION, PRIMARILY FOR DISTRIBUTION TO SUBSCRIBERS IN THE USA AND THE UNITED KINGDOM, BUT ALSO TO A LIMITED NUMBER OF SUBSCRIBERS IN SCORES OF OTHER COUNTRIES, INCLUDING CANADA AND AUSTRALIA. MINISTRY OUTREACH (INTERNET) - THE ANSWERS IN GENESIS WEBSIUTE IS USED TO PROVIDE CREATION RESOURCES TO THE GENERAL PUBLIC. ANSWERS IN GENESIS IS ALSO VERY ACTIVE IN SOCIAL MEDIA THROUGH FACEBOOK, TWITTER, AND SPEAKER BLOGS. MINISTRY OUTREACH (MISSIONS) - THE ORGANIZATION SUPPORTS A LITERAL GENESIS TO THE CHURCH AND THE WORLD TODAY WITH CREATIVITY. WE OBEY GOD'S CALL TO DELIVER THE MESSAGE OF THE GOSPEL, INDIVIDUALLY AND COLLECTIVELY

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $33,018,726
Program Service Revenue $34,009,122
Investment Income $2,348,611
Other Revenue $4,149,448
TOTAL REVENUE $73,525,907

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,522,161
Fundraising Expenses $1,265,284
Program Expenses $42,443,049
Other Expenses $28,877,356
TOTAL EXPENSES $56,399,517

Year-over-Year Comparison

2024 2023 Change
Revenue $73,525,907 $42,147,192 +0.7%
Expenses $56,399,517 $27,574,043 +1.0%
Net Income $17,126,390 $14,573,149 +0.2%
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
8
Independent Members
5
Employees
1553
Volunteers
388

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
6
$782,830
Total Directors
8
$291,138
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH HAM FOUNDING CEO 40.00
Officer Director
$267,062 $24,076 $291,138
MARTIN ILES EXECUTIVE CE 50.00
Highest
$202,733 $9,204 $211,937
SCOTT FETZER TREASURER/CF 50.00
Officer
$151,644 $33,924 $185,568
BENJAMIN WILT CHIEF DIGITA 50.00
Highest
$155,499 $17,627 $173,126
DAN ZORDEL CHIEF MARKET 50.00
Highest
$138,971 $29,885 $168,856
JOE BOONE PRESIDENT 50.00
Officer
$156,055 $824 $156,879
JIM SMITH SR. DIRECTOR 50.00
Highest
$128,722 $27,364 $156,086
CHARLES BAINES VP OF IT 50.00
Highest
$140,297 $14,071 $154,368
JOHN PENCE CORPORATE SE 50.00
Officer
$124,987 $24,258 $149,245
CRAIG BAKER CHAIRMAN 5.00
Officer Director
$0 $0 $0
BRAD BENBOW VICE CHAIRMA 5.00
Officer Director
$0 $0 $0
TONY BILLER BOARD MEMBER 5.00
Director
$0 $0 $0
DAN CHIN BOARD MEMBER 5.00
Director
$0 $0 $0
TIM DUDLEY BOARD MEMBER 5.00
Director
$0 $0 $0
NATHAN ESTRUTH BOARD MEMBER 5.00
Director
$0 $0 $0
DON LANDIS BOARD MEMBER 5.00
Director
$0 $0 $0
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 $73,525,907 $56,399,517 $193,086,794 $17,126,390
2023 $69,102,542 $49,437,673 $157,700,221 $19,664,869
2023 $42,147,192 $27,574,043 $172,867,081 $14,573,149
2022 $61,673,896 $41,188,942 $112,454,457 $20,484,954
2021 $47,216,237 $32,514,446 $94,175,549 $14,701,791
2020 $46,636,185 $32,751,832 $77,610,202 $13,884,353
2019 $42,653,768 $38,074,606 $65,619,234 $4,579,162
2018 $34,739,452 $26,776,172 $61,910,989 $7,963,280
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