Midwest Center for Investigative Reporting Inc

Analysis

Midwest Center for Investigative Reporting Inc is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, 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 December 2023, Midwest Center for Investigative Reporting Inc reported income of $812k and spending of $628k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $812k (+261%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Midwest Center for Investigative Reporting Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Open Source Initiative ($812k), Centre Stage South Carolina ($812k) and Community Music School ($811k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $118k (19% of expenses). Other salaries and wages came to $242k. At year end it held assets of $299k against liabilities of $22k, net assets of $276k. It reported 10 employees.