Alain Locke Charter School serves as a demonstration for urban schools exemplifying excellence in academics, the arts, personal and social development, and preparing students who are globally competitive. One of Chicago's first public, open enrollment charter schools, Alain Locke Charter School is one of the most successful urban charter schools in the United States. Located in the heart of Chicago's West Side, Alain Locke Charter School serves students in grades Pre-K through 8. The Charter School is a wholly owned subsidiary of Accelerate Institute.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.
- Base
- $170k
- Bonus
- —
- Other
- —
- Benefits
- $25k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Principal Officer (Unspecified) | $170k | — | — | $25k | $232k $257k |
Instructor Highest Compensated Employee 25th percentile to median | — | — | — | — | $149k $165k |
Dean of Students Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $123k $137k |
Chair / Director (as of 6/24/24) Board Chair 25th percentile to medianvs Education peers nationwide | — | — | — | — | $18k $20k |
Vice Chair/director Officer (Unspecified) | — | — | — | — | $9k $10k |
Secretary (begin 10/23 End 3/24) Secretary (Operational) 10th to 25th percentilevs Education peers nationwide | — | — | — | — | $8k $9k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 13 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Alain Locke Charter School equaled 3% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 3%
from 2022
From $225k in 2022 to $232k in 2023.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest Compensated Employee pay rose 18% from 2022 to 2023, while revenue rose 8%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Alain Locke Charter School
What does the Highest Compensated Employee of Alain Locke Charter School earn?
In 2023, the Highest Compensated Employee of Alain Locke Charter School received $148,685 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at Alain Locke Charter School compare with similar nonprofits?
Compared with the same role at Education organizations in Illinois, the 2023 pay of the Highest Compensated Employee at Alain Locke Charter School falls between the 25th percentile and the median. In 2023, the highest total compensation at Alain Locke Charter School equaled 3% of the organization's total expenses. The median for education organizations is 7%.
What are Alain Locke Charter School's revenue and expenses?
In 2023, Alain Locke Charter School reported $7.1M in total revenue and $6.7M in total expenses on its IRS Form 990.
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