Answers In Genesis Inc
- Assets
- $94.2m
- Revenue
- $47.2m
- Investments
- $0.0
- Employees
- 1,016
- Location
- Petersburg, KY
- Founding
- 10/1994
- Data as of
- 06/2021
- EIN
- 33-0596423
Organization Overview
Answers In Genesis Inc, operating under the name AiG, is located in Petersburg, KY. The organization was established in 1994. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2021, AiG employed 1,016 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. AiG is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, AiG generated $47.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $32.5m during the year ending 06/2021. While expenses have increased by 8.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PROCLAIM THE ABSOLUTE TRUTH AND AUTHORITY OF THE BIBLE WITH BOLDNESS. WE RELATE THE RELEVANCE OF 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.
Describe the Organization's Program Activity:
CREATION MUSEUM- THE CREATION MUSEUM, LOCATED IN THE GREATER CINCINNATI/NORTHERN KENTUCKY AREA, COMPLETED ITS FOURTEENTH YEAR OF OPERATIONS IN MAY 2021.
RESOURCE DISTRIBUTION- BOOKS, VIDEOS, CDS, DVDS, AND OTHER MATERIAL SPECIFIC TO THE MINISTRY PURPOSE ARE MADE AVAILABLE THROUGH PHONE, MAIL, INTERNET AND DRAGON HALL (A BOOKSTORE WITHIN THE CREATION MUSEUM).
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. DURING 2021 ANSWERS IN GENESIS DOUBLED THE NUMBER OF PAGES IN THE KIDS ANSWERS PORTION OF THE ANSWERS MAGAZINE PACK (WHICH INCLUDES BOTH ANSWERS MAGAZINE FOR ADULTS AND KIDS ANSWERS MAGAZINE FOR CHILDREN), AND CONTINUED TO ADJUST TO COVID-IMPACTS BY PUBLISHING 4 (QUARTERLY) ISSUES OF EACH, WITH A WORLDWIDE DISTRIBUTION OF OVER 146,671 COMBINED PRINT AND DIGITAL COPIES DURING THE FISCAL YEAR ENDING JUNE 30, 2021.MINISTRY OUTREACH (INTERNET) - THE ANSWERS IN GENESIS WEBSITE IS USED TO PROVIDE CREATION RESOURCES TO THE GENERAL PUBLIC. DURING FISCAL YEAR 2021, OVER 27 MILLION VISITS WERE MADE TO OUR WEBSITES. ANSWERS IN GENESIS IS ALSO VERY ACTIVE IN SOCIAL MEDIA THROUGH FACEBOOK, TWITTER, AND SPEAKER BLOGS. MINISTRY OUTREACH (MISSIONS) - THE ORGANIZATION SUPPORTS MISSION-RELATED ACTIVITIES ON THE HOME AND FOREIGN FIELDS BY PROVIDING FUNDS, RESOURCE MATERIALS, AND SPEAKERS. IN THE FISCAL YEAR ENDING JUNE 30, 2021, WE HOSTED 19 INTERNATIONAL OUTREACH EVENTS IN 16 COUNTRIES. MINISTRY OUTREACH (RADIO) - THE 60-SECOND RADIO PROGRAM "ANSWERS WITH KEN HAM" INCLUDES A WIDE RANGE OF TOPICS RELATED TO A LITERAL INTERPRETATION OF THE BIBLE AND IS BROADCAST DAILY ON OVER 1,100 RADIO OUTLETS WORLDWIDE, INCLUDING OVER 100 SPANISH LANGUAGE STATIONS.
ARK ENCOUNTER, LLC PAYS MANAGEMENT FEES TO AIG FOR SERVICES SUCH AS MANAGERIAL OVERSIGHT, OPERATION, ADVICE, COUNSEL, AND ANY OTHER RELATED SERVICES NEEDED BY THE ARK ENCOUNTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Ham CEO | OfficerTrustee | 50 | $230,911 |
Jason Nave Chief Revenue Officer | 50 | $161,580 | |
Joe Boone President | Officer | 50 | $147,197 |
Scott Fetzer Treasurer/cfo | Officer | 50 | $139,431 |
John Pence Corporate Secretary | Officer | 50 | $113,046 |
Benjamin Wilt Vice President Of Audio And Visual Services | 50 | $111,716 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cai Mei Color Printing Publisher | 6/29/21 | $1,459,067 |
Graphic Village Llc Printing | 6/29/21 | $607,484 |
Cenveo Corporation Printing | 6/29/21 | $588,705 |
New Leaf Press Inc Publisher | 6/29/21 | $470,560 |
Joseph David Advertising Llc Advertising | 6/29/21 | $584,241 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,581,330 |
| Noncash contributions included in lines 1a–1f | $1,841,261 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,581,330 |
| Total Program Service Revenue | $14,733,814 |
| Investment income | $1,832,928 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $148,973 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $453,072 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,918,855 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,216,237 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $901,723 |
| Compensation of current officers, directors, key employees. | $298,767 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,673,372 |
| Pension plan accruals and contributions | $92,284 |
| Other employee benefits | $4,140,626 |
| Payroll taxes | $1,267,366 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $170,592 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,334,878 |
| Advertising and promotion | $1,279,423 |
| Office expenses | $1,141,320 |
| Information technology | $2,458,379 |
| Royalties | $0 |
| Occupancy | $1,079,197 |
| Travel | $191,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $348,312 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,496,629 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $32,514,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,772,526 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,584,156 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,533,474 |
| Prepaid expenses and deferred charges | $802,735 |
| Net Land, buildings, and equipment | $30,837,757 |
| Investments—publicly traded securities | $2,022,773 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,622,128 |
| Total assets | $94,175,549 |
| Accounts payable and accrued expenses | $4,200,009 |
| Grants payable | $0 |
| Deferred revenue | $2,468,547 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,624,640 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,194,255 |
| Total liabilities | $12,487,451 |
| Net assets without donor restrictions | $71,517,912 |
| Net assets with donor restrictions | $10,170,186 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $94,175,549 |
Grants Awarded
Over the last fiscal year, Answers In Genesis Inc has awarded $321,836 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Mission Hills, CA PURPOSE: Support | $222,636 |
Hebron, KY PURPOSE: Support | $99,200 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Answers In Genesis Inc has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Christian Healthcare Ministries Inc Barberton, OH PURPOSE: GENERAL SUPPORT | $10,000 |
Amin Foundation Corona, CA PURPOSE: FOR FELLOWSHIP | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Healthcare Physicians Inc Martinsburg, WV | $27,421,318 | $84,817,307 |
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
Barnabas Foundation Crete, IL | $428,082,293 | $83,271,055 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |