The Christian Century is located in Chicago, IL. The organization was established in 1968. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Christian Century employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Century 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 12/2022, Christian Century generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 33.6% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PUBLICATION OF RELIGIOUS MAGAZINE.
Describe the Organization's Program Activity:
THE ORGANIZATION PUBLISHES A MAGAZINE WHICH FOCUSES ON RELATING RELIGION TO PUBLIC AFFAIRS, CULTURE, THE ARTS AND MORAL AND ETHICAL ISSUES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Shorney Chair | OfficerTrustee | 1 | $0 |
Phil Hurt Treasurer | OfficerTrustee | 1 | $0 |
George Bermingham Trustee | Trustee | 1 | $0 |
Robert Crowe Trustee | Trustee | 1 | $0 |
David Daniels Trustee | Trustee | 1 | $0 |
Anita Eerdmans Trustee | Trustee | 1 | $0 |
| 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 | $733,501 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $733,501 |
| Total Program Service Revenue | $1,190,620 |
| Investment income | $187,043 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$139,061 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,453,736 |
| 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. | $182,556 |
| Compensation of current officers, directors, key employees. | $115,721 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $602,037 |
| Pension plan accruals and contributions | $69,519 |
| Other employee benefits | $0 |
| Payroll taxes | $59,619 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,683 |
| Fees for services: Accounting | $20,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $82,569 |
| Fees for services: Other | $143,640 |
| Advertising and promotion | $47,963 |
| Office expenses | $16,362 |
| Information technology | $18,704 |
| Royalties | $0 |
| Occupancy | $217,562 |
| Travel | $30,772 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,684 |
| Insurance | $42,210 |
| All other expenses | $100,313 |
| Total functional expenses | $2,489,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $837,545 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,139 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $410 |
| Net Land, buildings, and equipment | $4,849 |
| Investments—publicly traded securities | $12,258,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $368,955 |
| Total assets | $13,513,145 |
| Accounts payable and accrued expenses | $115,349 |
| Grants payable | $0 |
| Deferred revenue | $946,494 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $347,984 |
| Total liabilities | $1,409,827 |
| Net assets without donor restrictions | $11,084,032 |
| Net assets with donor restrictions | $1,019,286 |
| 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 | $13,513,145 |