Acton Institute for the Study of Religion and Liberty

EIN: 382926822 501(c)(3) Civil Rights & Advocacy

Grand Rapids, MI

Total Revenue
$10,800,520
Total Expenses
$12,190,607
Total Assets
$26,553,120
Net Assets
$26,360,371
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MI
Phone
6164543080
Tax Period
2024-01-01 to 2024-12-31

Acton Institute for the Study of Religion and Liberty, founded in 1990, is a mid-sized nonprofit in the Civil Rights & Advocacy sector that reported $10.8M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $12.2M exceeded revenue, resulting in a 13% operating deficit.

Mission

The mission of the Acton Institute is to promote a free and virtuous society characterized by individual liberty and sustained by religious principles.

Program Service Accomplishments

Program 1
Expenses: $4,956,126 Revenue: $394,290

Education: The Programs and Education Department of the Acton Institute equips current and emerging leaders in economics, religion, and business through high-quality educational initiatives. These...

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Education: The Programs and Education Department of the Acton Institute equips current and emerging leaders in economics, religion, and business through high-quality educational initiatives. These programs emphasize the moral foundations of a free economy and aim to foster an environment where all individuals have the opportunity to thrive. While open to all, priority is given to applicants with a demonstrated ability to effect change and influence within their institutions, communities, and denominations-both nationally and internationally. The Institute offers a range of educational programs, from intimate seminars to large-scale conferences. Its flagship event, Acton University, is a four-day annual conference that attracts over 800 participants from nearly 90 countries to explore the principles of a free and virtuous society. Many attendees receive financial assistance to help cover expenses such as lodging, meals, registration, and, when needed, travel. Additionally, the Education Department actively builds ecumenical networks of religious leaders, students, educators, and business professionals to broaden the Institute's impact, form strategic partnerships, and stay responsive to the needs of its global audience.

Program 2
Expenses: $1,863,757 Revenue: $143,850

General Education and Communications: The Institute reaches out to business leaders, policymakers, students, and religious and community leadership groups through lectures, media products, web and...

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General Education and Communications: The Institute reaches out to business leaders, policymakers, students, and religious and community leadership groups through lectures, media products, web and social media, and various writings. The Institute hosts a variety of events across the nation to engage our supporters and partners. In 2024, we hosted luncheons and dinners with distinguished Acton lecturers that ranged from 25-100+ participants in Houston, Dallas, Chicago, Minneapolis, and Pittsburgh. Additionally, we hosted our 34th Annual Dinner which was held in Grand Rapids to promote outreach and to thank supporters for their partnership. The dinner and program festivities included prominent public speakers, Institute supporters and partners from all over the world. Over 500 participated, representing many states and several foreign countries. We host a busy slate of activities and events in our local facility for discussions of a variety of topics related to our work, including our Acton Lecture Series. Acton Institute also operates a bookstore to promote and sell its own publications, in addition to outside publications, related to our mission and program outreach areas. These educational materials were sold, distributed and exhibited at a variety of events throughout the world. Our rich and robust web presence centers on the Acton website (www.acton.org), and includes other Acton sites such as Religion and Liberty Online as well as a great deal of current and historical Acton-produced content. The Institute has a broad and growing presence in social media. This platform has steadily increased the scope and frequency of Acton's outreach to the general public. The Communications Department manages the Acton websites, blog, podcasts, and social media which use leading technology to integrate text, audio, and video content in easily accessible formats and venues to promote Acton's message to web users. It publishes the print and digital editions of the redesigned Religion & Liberty. The Communications Department also connects Acton experts with print and broadcast journalists covering faith and policy issues. Acton's newest documentary film The Hong Konger was released in 2023. It received multiple film festival screenings and awards and continues to bring exposure to the imprisonment of Jimmy Lai and his fight for freedom in Hong Kong.

Program 3
Expenses: $1,817,079 Revenue: $550

Research: The Institute's academic investigations are conducted by its Research Department. The work produced at Acton Research includes the disciplines of philosophy, economics, theology, and...

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Research: The Institute's academic investigations are conducted by its Research Department. The work produced at Acton Research includes the disciplines of philosophy, economics, theology, and history, among others, and it includes the contributions of both in-house research fellows, affiliates, and of invited scholars. Additionally, the materials and research produced at the Acton Institute are delivered locally in Grand Rapids as well as at national and international conferences with the goal of reaching the scholarly community at large. The Research Department publishes books, a journal, the Acton Institute's Religion & Liberty magazine, Religion and Liberty Online, monographs, and occasional papers, along with essays at respected and scholarly online outlets. The Research Department with Acton's Marketing and Communications Department produces the weekly Acton Line podcast. The Journal of Markets & Morality is a semi-annual refereed journal that provides a forum for scholars from many disciplines to engage issues concerning the morality of the marketplace. Select primary sources are translated and edited for wider dissemination and use by scholars. Non-Christians have also written articles and books addressing relevant themes of interest to the Acton Institute, such as liberty, religious freedom, and the free economy. The Research Department also manages Acton's academic scholarship programs. Fellowships are awarded to provide financial assistance to promising doctoral candidates, graduate students, and seminarians who are advancing an understanding of the connection between economic liberty and religious values. Free Market Mini-Grants help fund university course development and faculty research in market economics at colleges, universities, and seminaries in the United States and Canada. The Freedom and Prosperity Grant promotes research by scholars internationally into the relationship between freedom and prosperity using the Atlantic Council Freedom and Prosperity Indexes. The Calihan Academic Grants provide financial assistance to scholars and graduate students whose academic work shows outstanding potential to advance understanding in the relationship between theology and the principles of the free and virtuous society. The annual Novak Award recipient is presented with a prize to acknowledge and reward new research on the relationship between religion, economic freedom, and the free and virtuous society. Lastly, the Research Department manages or helps manage a number of programs, including (1) conferences for scholars, graduate students, public intellectuals and leading religious figures, (2) an academic colloquium held annually in Grand Rapids, (3) and the scholarly and programmatic outreach of Acton's Rome office. Internationally, we have held conferences on various topics such as economic liberty, justice, economic history, poverty and development, Catholic social teaching, war and peace, Protestant social thought, Judaism and the economy, property rights, monetary policy, and limited government.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,550,871
Program Service Revenue $471,723
Investment Income $843,613
Other Revenue $-65,687
TOTAL REVENUE $10,800,520

Expense Breakdown

Grants Paid $1,236,335
Salaries & Benefits $4,961,713
Fundraising Expenses $1,658,620
Program Expenses $9,823,501
Other Expenses $5,939,659
TOTAL EXPENSES $12,190,607

Year-over-Year Comparison

2024 2023 Change
Revenue $10,800,520 $12,022,890 -0.1%
Expenses $12,190,607 $12,677,342 0.0%
Net Income $-1,390,087 $-654,452 +1.1%
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
15
Independent Members
13
Employees
41
Volunteers
30

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
8
$709,188
Total Directors
15
$541,252
Key Employees
1
$236,617
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Humphreys Chairman 1.0
Officer Director
$0 $0 $0
Frank Hanna III Vice Chairman 1.0
Officer Director
$0 $0 $0
JC Huizenga Asst. Secretary 1.0
Officer Director
$0 $0 $0
John Hern Secretary 1.0
Officer Director
$0 $0 $0
John Kennedy III Treasurer 1.0
Officer Director
$0 $0 $0
Kris Mauren President 50.0
Officer Director
$342,282 $43,588 $385,870
Rev Robert A Sirico President Emeritus 50.0
Officer Director
$150,000 $5,382 $155,382
David Bahnsen Director 1.0
Director
$0 $0 $0
David Durell Director 1.0
Director
$0 $0 $0
Joan Quintana Director 1.0
Director
$0 $0 $0
Leslie Graves Director 1.0
Director
$0 $0 $0
Maria Montserrat Director 1.0
Director
$0 $0 $0
Michael Muraski Director 1.0
Director
$0 $0 $0
Nathan Bond Director 1.0
Director
$0 $0 $0
Patricia Duthler Director 1.0
Director
$0 $0 $0
Tom Vogt Chief Financial Officer 50.0
Officer
$132,340 $35,596 $167,936
Stephen Barrows Chief Operating Officer 50.0
Key Emp
$184,156 $52,461 $236,617
Alejandro Chafuen Managing Director of International 50.0
Highest
$176,288 $35,597 $211,885
Anthony Bradley Distinguished Research Fellow 50.0
Highest
$149,724 $16,544 $166,268
John Pinheiro Director of Research 50.0
Highest
$131,056 $33,754 $164,810
Kevin Augustyn VP of Development 50.0
Highest
$169,007 $31,157 $200,164
Michael Miller Chief of Strategic Initiatives 50.0
Highest
$167,816 $36,883 $204,699
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 $10,800,520 $12,190,607 $26,553,120 $-1,390,087
2023 $12,022,890 $12,677,342 $28,105,018 $-654,452
2022 $13,230,695 $11,795,621 $29,496,446 $1,435,074
2021 $14,973,316 $7,787,441 $30,417,639 $7,185,875
2020 $8,804,881 $7,085,503 $18,578,686 $1,719,378
2019 $10,475,844 $10,620,474 $16,306,282 $-144,630
2018 $9,931,504 $10,887,803 $16,064,623 $-956,299
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