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Filing year 2024

Instituto Cervantes of Chicago Inc

Chicago, Illinois·EIN 36-4092149·NTEE A230 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$2.9M
Total assets
$4.4M
Total expenses
$2.5M
Reported officers
5
Mission

Founded by the Government of Spain to promote Spanish language teaching and knowledge of the cultures of Spanish speaking countries throughout the world with a mission to promote, study and use of Spanish as a second language. The Organization promotes performing arts, music, literature, and cinema from the spanish-speaking world through performances, lectures and symosiums, often in partnership with other cultural and educational organizations throughout Chicago.

Reported officers (all unpaid)

No paid executives reported in 2024. Instituto Cervantes of Chicago Inc reported 5 unpaid officers and board members on its 990.

Chairman
Vice Chairman
President & Director (end 8/31/24)
Treasurer
President & Director (beg 8/31/24)
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Instituto Cervantes of Chicago Inc equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
5%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities 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.

Financial trend

Revenue and expenses over time

Instituto Cervantes of Chicago Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.3M
$2.5M
2023
$2.9M
$2.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Illinois

Instituto Cervantes of Chicago Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Illinois earns a median of $50,000.

25th percentile
$17k
Median
$50,000
75th percentile
$90k
90th percentile
$162k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 665 organizations across 665 filings (2021 – 2024).

See full Arts, Culture & Humanities pay data for Illinois

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FAQ

Common questions about Instituto Cervantes of Chicago Inc

What are Instituto Cervantes of Chicago Inc's revenue and expenses?

In 2024, Instituto Cervantes of Chicago Inc reported $2.9M in total revenue and $2.5M in total expenses on its IRS Form 990.

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