THE INSTITUTE FOR ADVANCED CATHOLIC STUDIES Charity Report

Public IRS 990 nonprofit record

THE INSTITUTE FOR ADVANCED CATHOLIC STUDIES

EIN 25-1843470 · Religion-Related (X052)

What they do

THE INSTITUTES MISSION is to CONDUCT RESEARCH ON KEY ISSUES FACING SOCIETY to HELP BOTH THE CHURCH and SOCIETY DEAL THOUGHTFULLY WITH THE MAJOR ISSUES THEY FACE GLOBALLY. THE INSTITUTE ALSO SPONSORS and CONDUCTS RESEARCH and SCHOLARSHIP ON ALL ASPECTS of THE CATHOLIC TRADITION, CULTURAL/ECCLESIAL HERITAGE of CATHOLICISM, and DISSEMINATES THE RESULTS of SUCH RESEARCH.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $49.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

60.74%of revenue went to mission work49.2% of expenses · Program services

29.03%of revenue went to fundraising23.5% of expenses

$123.53spent for every $100 of revenueSpending was higher than revenue this year.

33.76%of revenue went to management and office costs27.3% of expenses

$10.47in assets for every $1 spent this yearSome assets cannot be spent right away.

53.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $189,571 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $254,411 for RICHARD WOOD (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$805,751

Mission workProgram services$489,44960.74% of revenue49.2% of expenses

ManagementOffice and general costs$271,98633.76% of revenue27.3% of expenses

FundraisingAsking for donations$233,88729.03% of revenue23.5% of expenses

Total expenses$995,322123.53% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 49.2% mission · 27.3% management · 23.5% fundraisingTotal expenses: 123.53% of revenue

2023Expense mix: 51.6% mission · 23.2% management · 25.3% fundraisingTotal expenses: 119.54% of revenue

2022Expense mix: 48.8% mission · 27.3% management · 23.9% fundraisingTotal expenses: 181.29% of revenue

2021Expense mix: 45.1% mission · 31.5% management · 23.4% fundraisingTotal expenses: 87.65% of revenue

2020Expense mix: 42.7% mission · 34.5% management · 22.8% fundraisingTotal expenses: 68.40% of revenue

2019Expense mix: 23.0% mission · 46.9% management · 30.1% fundraisingTotal expenses: 88.35% of revenue

2018Expense mix: 30.0% mission · 39.5% management · 30.5% fundraisingTotal expenses: 54.57% of revenue

2017Expense mix: 33.4% mission · 35.2% management · 31.3% fundraisingTotal expenses: 58.10% of revenue

Money in and money out

Revenue$805,751

Expenses$995,322

Annual shortfall $189,571 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$489,449 · 49.2% of expenses

Management and office costs$271,986 · 27.3% of expenses

Fundraising$233,887 · 23.5% of expenses

See all reported dollar amounts

Revenue$805,751

Expenses$995,322

Assets$10,422,782

Income$805,751

Contributions$428,222

Mission work (program services)$489,449

Fundraising$233,887

Management and general$271,986

Stocks and bonds$9,588,003

Accounting fees$45,683

Investing fees$8,150

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RICHARD WOODPRESIDENT · 40 hrs/week $254,411

REBECCA KING CERLINGEXECUTIVE DIR. · 40 hrs/week $126,618

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

RICHARD WOODPRESIDENT

REBECCA KING CERLINGEXECUTIVE DIR.

MAUREEN KINGTRUSTEE

RYAN LILYENGRENTRUSTEE

RICHARD GRIMESTRUSTEE

REV MARTIN SOLMA SMTRUSTEE

PETER STEINFELSTRUSTEE

PATRICK PASCALTRUSTEE

MICHAEL MORELANDTRUSTEE

MAUREEN SHEATRUSTEE

BRO BERNARD PLOEGER SMTRUSTEE

MARTIN SKRIPTRUSTEE

LOUIS KIMTRUSTEE

KYLE BALLARTATRUSTEE

JULIE MCANDREWS MORKTRUSTEE

JOHN BESSOLOTRUSTEE

JASON ZENKTRUSTEE

FR MICHAEL E ENGH SJTRUSTEE

DANIEL FINNTRUSTEE

About this charity

Recognized since: January 1999
Location: 3601 WATT WAY STE 304, LOS ANGELES, CA 90089-1079
County: Los Angeles
In care of: % USC
Primary officer: REBECCA KING CERLING, Executive Dir.

How to reach them

WebsiteVisit the charity’s website Emailiacs@usc.edu Phone(213) 740-1864

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KEVIN WONG CPA
NTEE classification: Religion-Related (X052)