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American Institute of Indian Studies University of Chicago

RegisteredEIN 23-6297039Oakbrook Ter, ILArts, culture, heritage and science
Income$2.5m2023-06
Spending$3.0msame year
Spent / received91%5-year average
Size in its cause93rd pctArts, culture, heritage and science
Exempt since1963Publicly supported organisat
Employees1latest return

Analysis

American Institute of Indian Studies University of Chicago is a registered charity in United States, based in Oakbrook Ter, IL. It received its IRS tax-exemption ruling in April 1963, 63 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Institute of Indian Studies University of Chicago reported income of $2.5m and spending of $3.0m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.9m to $2.5m (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 51%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Institute of Indian Studies University of Chicago sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include School for Advanced Research ($2.5m), Community Music School of Springfield Inc ($2.5m) and Festival at Sandpoint Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $195k (6.6% of expenses). Other salaries and wages came to $187k. At year end it held assets of $12.3m against liabilities of $3.5m, net assets of $8.8m. It reported 1 employees.

Income and spending

$0$1.2m$2.3m$3.5m$4.6m2019 Income: $3,931,6492019 Spending: $3,891,25820192020 Income: $4,630,4152020 Spending: $4,121,01520202021 Income: $2,270,3562021 Spending: $1,690,11920212022 Income: $3,232,0422022 Spending: $2,453,28520222023 Income: $2,544,9412023 Spending: $2,957,2092023
IncomeSpending

Where the income comes from

  • Contributions & grants 68%
  • Other 32%

Similar-sized charities, same cause

CharityLocationIncome
School for Advanced ResearchSanta Fe$2.5m
Community Music School of Springfield IncSpringfield$2.5m
Festival at Sandpoint IncSandpoint$2.5m
Consultative Group on Biological DiversitySan Francisco$2.5m