The Rockford Institute is located in Rockford, IL. As of 12/2018, Rockford Institute employed 4 individuals. Rockford Institute 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 12/2018, Rockford Institute generated $208.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $5.6m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ANALYSIS AND COMMENTARY OF CULTURAL, ECONOMIC, POLITICAL, AND EDUCATIONAL ISSUES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVEMENTS INCLUDE THE PUBLICATION OF NATIONALLY ACCLAIMED, "CHRONICLES, A MAGAZINE OF AMERICAN CULTURE," RADIO INTERVIEWS, AND A WEBSITE TO PROMOTE, DEFINE, AND DIRECT THE DEBATE ON KEY SOCIAL, POLITICAL, EDUCATION, AND CULTURAL ISSUES CONFRONTING ROCKFORD AND THE NATION.
THE CENTER FOR RESTORATION OF HUMANE LEARNING PROVIDES A NETWORK FOR INFORMATION THROUGH LECTURES AND EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Culley Director | Trustee | 2 | $0 |
George Csatary Director | Trustee | 2 | $0 |
Andrew Hutchinson Director | Trustee | 2 | $0 |
Raymond Welder Chairman | OfficerTrustee | 2 | $0 |
Thomas Pauken Vice Chairman | OfficerTrustee | 2 | $0 |
Thomas Piatak Secretary | OfficerTrustee | 2 | $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 | $54,507 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $54,507 |
Total Program Service Revenue | $67,883 |
Investment income | $81,927 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $28 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$624 |
Miscellaneous Revenue | $0 |
Total Revenue | $208,499 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,120,835 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $141,033 |
Pension plan accruals and contributions | $6,590 |
Other employee benefits | $16,023 |
Payroll taxes | $10,761 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $14,566 |
Fees for services: Other | $17,535 |
Advertising and promotion | $43,685 |
Office expenses | $33,284 |
Information technology | $1,808 |
Royalties | $0 |
Occupancy | $8,873 |
Travel | $16,789 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $141 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,146 |
All other expenses | $3,842 |
Total functional expenses | $5,566,291 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |