Glessner House Museum

Analysis

Glessner House Museum is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1995, 31 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 June 2023, Glessner House Museum reported income of $764k and spending of $553k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $482k to $764k (+58%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Glessner House Museum 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 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Phamaly Theatre Company ($764k), Muskogee Little Theatre Inc ($764k) and Fideicomiso de Ballets de San Juan ($764k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $84k (15% of expenses). At year end it held assets of $2.5m against liabilities of $37k, net assets of $2.4m. It reported 4 employees.