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Filing year 2023

Alain Locke Charter School

Chicago, Illinois·EIN 36-4182397·NTEE B20 · Education·3
Total revenue
$7.1M
Total assets
$5.8M
Total expenses
$6.7M
Reported officers
19
Mission

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 · Schedule J · 6 reported individuals · Filing year 2023

Principal
officer (unspecified)
$232k
$257k
Base
$170k
Bonus
Other
Benefits
$25k
Instructor
highest compensated employee
$149k
$165k
Dean of Students
highest compensated employee
$123k
$137k
Chair / Director (as of 6/24/24)
board chair
$18k
$20k
Vice Chair/director
officer (unspecified)
$9k
$10k
Secretary (begin 10/23 End 3/24)
secretary (operational)
$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.

Browse compensation in Education

Up 3%
from 2022

From $225k in 2022 to $232k in 2023.

$225k
2022
$232k
2023
In today's dollarsEst.
Roughly flat in real terms$258k to $257k

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 reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Alain Locke Charter School reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.6M
$6.5M
2022
$7.1M
$6.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $79,978.

25th percentile
$25k
Median
$79,978
75th percentile
$195k
90th percentile
$368k

These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).

See full Education pay data for Illinois
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