2024-05-09T11:38:31-07:00 2023-06-30 473812099 Kevin Wong CPA 301 E foothill blvd ste 202 arcadia CA 91006 990 2022-07-01 251843470 THE INSTITUTE FOR ADVANCED CATHOLIC STUDIES INST 2137401864 3601 WATT WAY GFS 304 LOS ANGELES CA 90089 REBECCA KING CERLING Executive Director 2024-05-09 true REBECCA KING CERLING 999009999 true KEVIN WONG P01421794 6262474339 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z REBECCA KING CERLING 3601 WATT WAY GFS 304 LOS ANGELES CA 90089 443206 false X HTTPS://IACS.USC.EDU X 1999 CA THE INSTITUTE'S 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 DISSEMINATE THE RESULTS OF SUCH RESEARCH. 17 17 5 0 476518 299933 0 371906 142140 437 1133 848861 443206 0 0 502395 431886 0 191814 241616 371584 744011 803470 104850 -360264 8820058 9194608 69500 46247 8750558 9148361 THE INSTITUTE'S 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 DISSEMINATE THE RESULTS OF SUCH RESEARCH. false false 391977 THE INSTITUTE DEVELOPS DISTINCTIVE INTELLECTUAL CAPITAL BY STUDYING THE LONG AND RICH CATHOLIC INTELLECTUAL TRADITION. THAT TRADITION INCLUDES NOT ONLY BRILLIANT THEOLOGIANS AND PHILOSOPHERS, BUT ALSO SCIENTISTS, SOCIAL SCIENTISTS, HISTORIANS, POETS, WRITERS, ARTISTS, ARCHITECTS AND MUSICIANS. THE INSTITUTE PROMOTES UNDERSTANDING, CRITIQUING, AND DEVELOPING CATHOLIC INTELLECTUAL LIFE FOR THE SERVICE NOT ONLY OF THE CHURCH, BUT ALL RELIGIONS, ESPECIALLY AS IT DEDICATES ITSELF TO THE COMMON GOOD. THE INSTITUTE DRAWS UPON AN INTERNATIONAL GROUP OF SCHOLARS, ALL OF WHOM, WHATEVER THEIR RELIGIOUS BACKGROUND OR SCHOLARLY DISCIPLINE, SEEK TO UNDERSTAND CATHOLICISM AND ITS VALUE FOR THE WORLD TODAY. THE INSTITUTE'S RESEARCH, PUBLICATIONS, CONFERENCES, AND ARTICLES ARE INTERNATIONALLY RECOGNIZED AS THOUGHTFUL CONTRIBUTIONS TO THE UNDERSTANDING, CLARIFICATION AND RESOLUTION OF MAJOR ISSUES FACING THE CHURCH, RELIGIONS AND GLOBAL SOCIETY. SINCE 2007, THE INSTITUTE HAS ORGANIZED AN ANNUAL LECTURE SERIES AT USC WHICH PROVIDES A VENUE FOR EXAMINING RELIGION AND PUBLIC LIFE BY FEATURING THE WORK OF SCHOLARS, JOURNALISTS, ARTISTS, AND LEADERS. THROUGH A RANGE OF MEETINGS, COLLOQUIA, CONFERENCES AND SEMINARS, THE INSTITUTE COORDINATES AND SPONSORS SCHOLARSHIP ON A NUMBER OF CORE THEMES AS FOLLOWS: THE TRUE WEALTH OF NATIONS CATHOLIC SOCIAL THOUGHT AND ECONOMICS .EDUCATION CATHOLIC AND INTERRELIGIOUS CATHOLIC TRADITION AND THE EXERCISE OF AUTHORITY THE GENERATIONS IN DIALOGUE INTERRELIGIOUS AND ECUMENICAL TOPICS. 391977 true true false false false false false false false true false false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 10 0 true 5 false false false false false false false false 0 false false false false false false false X 17 17 false false false false false false false true false false false false true true true true true true false false CA X X REBECCA KING CERLING 2137401864 3601 WATT WAY GFS 304 LOS ANGELES CA 90089 REBECCA KING CERLING Executive Dir. 40.00 0.00 X X 137811 0 0 JOHN BESSOLO Trustee 1.00 0.00 X 0 0 0 TOM CONDON Trustee 1.00 0.00 X 0 0 0 DOMINIC DOYLE Trustee 1.00 0.00 X 0 0 0 MICHAEL E ENGH SJ Trustee 1.00 0.00 X 0 0 0 DANIEL FINN Trustee 1.00 0.00 X 0 0 0 RICHARD GRIMES Trustee 1.00 0.00 X 0 0 0 REV BRYAN HEHIR Trustee 1.00 0.00 X 0 0 0 REV DENNIS HOLTSCHNEIDER CM Trustee 1.00 0.00 X 0 0 0 MICHAEL MORELAND Trustee 1.00 0.00 X X 0 0 0 JULIE MCANDREWS MORK Trustee 1.00 0.00 X 0 0 0 PATRICK PASCAL Trustee 1.00 0.00 X 0 0 0 BRO BERNARD PLOEGER SM Trustee 1.00 0.00 X 0 0 0 MAUREEN SHEA Trustee 1.00 0.00 X 0 0 0 REV MARTIN SOLMA SM Trustee 1.00 0.00 X 0 0 0 PETER STEINFELS Trustee 1.00 0.00 X 0 0 0 MARTIN SKRIP Trustee 1.00 0.00 X 0 0 0 JASON ZENK Trustee 1.00 0.00 X 0 0 0 KYLE BALLARTA Trustee 1.00 0.00 X 0 0 0 REV DORIAN LLWELYN SJ President 40.00 0.00 X X 0 0 0 137811 1 false false false 0 299933 299933 0 142140 142140 0 0 0 0 0 0 0 OTHER INCOME 1133 1133 1133 443206 1133 142140 0 0 0 0 137811 50175 40892 46744 0 213132 77599 63242 72291 0 80943 35849 29216 15878 0 0 0 37865 16770 13667 7428 0 0 21962 21962 0 17490 7746 6313 3431 56937 25217 20551 11169 0 0 0 46590 34554 4467 7569 0 0 0 0 0 11955 5295 4315 2345 HONORARIA 77872 77872 OTHER EXPENSES 47078 39924 4010 3144 MEALS AND ENTERTAINMENT 15485 10369 3196 1920 DUES AND MEMBERSHIP 12258 5530 4252 2476 26092 5077 3596 17419 803470 391977 219679 191814 216123 53389 0 371519 261459 5152 0 0 0 0 0 15543 14434 0 7458873 8324618 0 0 0 752848 540708 8820058 9194608 726 17910 68774 28337 69500 46247 X 1852337 1547641 6898221 7600720 8750558 9148361 8820058 9194608 -360264 758067 X X false true X true false X 1391444 652523 913390 476520 299933 3733810 0 0 1391444 652523 913390 476520 299933 3733810 1482861 2250949 371364 206596 201413 371906 142140 1293419 0 6002 851 437 1133 8423 5035652 0.44700 0.47060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6634988 740708 7375696 7621876 -986888 6634988 6370766 1251110 7621876 6055570 153637 161559 6370766 5531327 237412 286831 6055570 1.00000 false false false DEPOSIT ACCOUNTS DUE FROM USC 540708 540708 ACCRUED VACATION 20424 CREDIT CARD PAYABLE 3833 OTHER ACCRUALS 4080 28337 X 1255266 758067 75955 834022 421244 21962 21962 443206 857463 75955 75955 781508 21962 21962 803470 Part X : FIN48 Footnote GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE INSTITUTE IN ITS TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. Form 990, Part VI, Section A, Line 8b THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, Line 11b THE INSTITUTE'S TAX RETURN IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING. ALSO, A COPY OF THE TAX RETURN IS DISTRIBUTED TO BOARD MEMBERS WITHOUT SCHEDULE B OR THE SCHEDULE A SUPPORTING STATEMENT IDENTIFYING EXCESS CONTRIBUTIONS FOR REVIEW BEFORE FILING. Form 990, Part VI, Section B, Line 12c IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE BOARD OR TO MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. SUCH DISCLOSURE SHOULD BE MADE PROMPTLY UPON DISCOVERY OF THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST, AND IN THE ANNUAL DISCLOSURE STATEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE INTERESTED PERSON IS REQUIRED TO LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS AND, IF SO, HOW IT SHOULD BE ADDRESSED. DIRECTORS ARE REQUIRED ANNUALLY SIGN A STATEMENT THAT CONFIRMS WHETHER OR NOT SUCH PERSON HAS ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND, IF SO, DISCLOSES THE NATURE OF THAT ACTUAL OR POTENTIAL CONFLICT. THE ANNUAL DISCLOSURE STATEMENT ALSO AFFIRMS THAT THE DIRECTOR HAS RECEIVED A COPY OF THIS CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION OBTAINED THE ANNUAL SIGNED CONFLICT OF INTEREST REPRESENTATION FORMS FROM MEMBERS OF ITS BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 15a THE PRESIDENT'S SALARY IS DETERMINED BY THE BOARD AFTER CAREFUL CONSIDERATION OF GOALS AND EVALUATION OF PERFORMANCE, AND FOLLOW I.R.S. SAFE-HARBOR PROCEDURES. PAYMENTS ARE MADE TO THE PRESIDENT'S RELIGIOUS ORDER. Form 990, Part VI, Section C, Line 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. THE ORGANIZATION'S FORM 990, WITHOUT SCHEDULE B OR THE SCHEDULE A SUPPORRTING STATEMENT IDENTIFYING EXCESS CONTRIBUTIONS, IS ALSO AVAILABLE ON PUBLIC WEBISTE WWW.GUIDESTAR.ORG Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XII, Line 2c THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.