Midwest Clinic

Analysis

Midwest Clinic is a registered charity in United States, based in Woodridge, IL. It received its IRS tax-exemption ruling in April 1955, 71 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Midwest Clinic reported income of $2.4m and spending of $2.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 499%. Over the whole period it spent 104% 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 Clinic sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include The Hermitage Museum and Gardens ($2.4m), Arts Council Inc ($2.4m) and Weinberg Center for the Arts Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $147k (6.6% of expenses). Other salaries and wages came to $23k. At year end it held assets of $1.9m against liabilities of $975k, net assets of $919k.