Acton Institute for the Study of Religion and Liberty

“The corporation is organized on a membership basis. There are two classes of members: full members and associate members. Only full members are entitled to vote. The full members elect one or more members of the governing body, the Board of Directors. The original members were appointed in the founding documents of incorporation. New members may be added by a two-thirds vote of the full members. The Board of Directors, by unanimous action, may terminate the membership of any member who fails to comply with the bylaws or regulations.”

“Members have the ability to elect or appoint one or more members of the organization's governing body, the Board of Directors. The bylaws grant members the power to fill vacancies or remove existing directors by a majority vote.”

“The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the Director of Finance. A draft copy of the Form 990 is electronically provided to the members of the Board of Directors for review prior to filing. In addition, a copy of the Form 990 draft will be available in a secured part of the website.”

“Officers, board members, and key employees sign annual conflict of interest statements which are reviewed by the Director of HR and the President. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship.”

“The Board, along with the Compensation Committee, investigates and determines the compensation package for the President and President Emeritus. The President and Human Resources determine the compensation for all other officers. The process includes comparison to similar organizations and salary surveys as well as analysis of responsibilities and performance. The approval process for the President, President Emeritus and all other officers is documented in the minutes.”

“See narrative for Form 990, Part VI, Line 15a.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available upon request.”

“Other program revenue - Total Revenue: 1673, Related or Exempt Function Revenue: 1673, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“(Expenses $ 1,186,539 including grants of $ 56,892)(Revenue $ 206) The Center for Social Flourishing focuses the Acton Institute's work-promoting the ideas necessary for a free and virtuous society-on the alleviation of poverty and related social problems in the United States. The Center does this through conferences, research, a partnership network, and film and media, including a new feature-length documentary movie about attempts to address poverty in the United States.The Center's team also operates a related initiative of the Acton Institute: the PovertyCure project, which is an expression of Acton's work on global poverty and development. In 2024, the Center organized four conferences in collaboration with Acton's Programs department, including the biennial PovertyCure global virtual summit, and monthly listening sessions with local Grand Rapids nonprofits. The Center also developed a new website for the Center for Social Flourishing and redesigned the PovertyCure website, which makes the initiative's video curriculum available for streaming from the website. The largest individual project of the Center is the new documentary on poverty in the United States. Directed by Michael Miller, who is also the Center's director, the film explores the flaws of large-scale attempts to solve poverty in the US. In 2024, the team filmed about 50 interviews in various cities around the country. The film is expected to be completed by fall 2025, at which point it will be submitted for film festivals. The Center continues to promote other Acton media products, including the PovertyCure series and the documentary Poverty, Inc. Many churches, schools, and universities have incorporated the PovertyCure series resource into their curriculums. Acton's documentary Poverty, Inc. has earned more than 45 film festival awards to date, including the $100,000 Templeton Freedom Award.The film has screened more than 500 times in 28 countries.Its impact continues, and it streams on multiple platforms.”

“Contracted Services - Total Expense: 669697, Program Service Expense: 565303, Management and General Expenses: 20642, Fundraising Expenses: 83752; Media Production Services - Total Expense: 231551, Program Service Expense: 231551, Management and General Expenses: , Fundraising Expenses: ; Graphics and Design Services - Total Expense: 59677, Program Service Expense: 56964, Management and General Expenses: 233, Fundraising Expenses: 2480; Editorial Consultants - Total Expense: 158450, Program Service Expense: 158450, Management and General Expenses: , Fundraising Expenses: ; Other professional fees - Total Expense: 127956, Program Service Expense: 110684, Management and General Expenses: 4698, Fundraising Expenses: 12574; Honorariums - Total Expense: 238845, Program Service Expense: 238845, Management and General Expenses: , Fundraising Expenses: ;”

“Taxable income from Forms K-1 not recorded on books - -192849;”