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Filing year 2023

THE JKM LIBRARY TRUST

Chicago, Illinois·EIN 36-7238766·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$649k
Total assets
$430k
Total expenses
$761k
Reported officers
11
Mission

THE JKM LIBRARY TRUST COMPRISING ITS STAFF, SERVICES, SYSTEMS, FUNCTIONS, MATERIALS AND VIRTUAL RESOURCES EXISTS PRIMARILY TO SUPPORT THE MISSIONS AND PROGRAMS OF THE LUTHERAN SCHOOL OF THEOLOGY AT CHICAGO AND MCCORMICK THEOLOGICAL SEMINARY.

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

Trustee
Board Member
75th to 90th percentile
$58k
$65k
Co-chair
Officer (Unspecified)
$47k
$52k
Co-chair
Officer (Unspecified)
$45k
$50k
Trustee
Board Member
75th to 90th percentile
$39k
$43k
Trustee
Board Member
Median to 75th percentile
$30k
$33k
Director Jkm Library (thru 12/2023)
Director (Operational)
10th to 25th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$20k
$22k
Trustee
Board Member
Below 10th percentile
$2k
$2k

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 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE JKM LIBRARY TRUST equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $58k in 2022 to $58k in 2023.

$58k
2022
$58k
2023
In today's dollarsEst.
Down 3% in real terms$67k to $65k

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.

Pay for the position

Board Member pay held roughly steady from 2022 to 2023, while revenue fell 21%.

$58k in 2022 to $58k in 2023.
  • Director (Operational) pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE JKM LIBRARY TRUST

What does the Board Member of THE JKM LIBRARY TRUST earn?

In 2023, the Board Member of THE JKM LIBRARY TRUST received $58,305 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at THE JKM LIBRARY TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Board Member at THE JKM LIBRARY TRUST falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THE JKM LIBRARY TRUST equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE JKM LIBRARY TRUST's revenue and expenses?

In 2023, THE JKM LIBRARY TRUST reported $649k in total revenue and $761k in total expenses on its IRS Form 990.

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