Malcolm & Dorothy Warner McEachren Charitable Trust

Analysis

Malcolm & Dorothy Warner McEachren Charitable Trust is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1993, 33 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Malcolm & Dorothy Warner McEachren Charitable Trust reported income of $125k and spending of $223k, spending 178% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $136k to $125k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to April 2022, when income rose by 163%. Over the whole period it spent 135% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Malcolm & Dorothy Warner McEachren Charitable Trust sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Windward Choral Society ($125k), Imagination Factory Childrens Museum ($126k) and American Sokol Organization and Educational and Physical Culture O ($125k).

Compensation of current officers, directors and key employees was $27k (12% of expenses). At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.