Illinois Humanities Council Incorporated

Analysis

Illinois Humanities Council Incorporated is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1985, 41 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 October 2023, Illinois Humanities Council Incorporated reported income of $4.2m and spending of $4.2m, spending 100% of its income. Across the 4 years on record, from October 2019 to October 2023, income grew from $2.4m to $4.2m (+72%), an average of +20% a year. The sharpest change came in the year to October 2020, when income rose by 70%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Illinois Humanities Council Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include First Stage Milwaukee Inc Performing Arts Center ($4.2m), Black Public Media Inc ($4.2m) and American Society for Psychical Research Inc ($4.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $214k (5.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.9m against liabilities of $1.0m, net assets of $3.9m. It reported 27 employees.