Athenaeum Center For Thought & Culture
EIN: 853740683 · Chicago, IL · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $6.4M |
| Total Expenses | $3.4M |
| Net Assets | $7.5M |
Is Athenaeum Center For Thought & Culture Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Athenaeum Center For Thought & Culture
Athenaeum Center For Thought & Culture (EIN: 853740683) is a nonprofit organization based in Chicago, IL, classified under NTEE code A20. The organization reported total revenue of $6.4M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Athenaeum Center For Thought & Culture's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Athenaeum Center For Thought & Culture is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 240.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$482K |
| Total Assets | $7.5M |
| Total Liabilities | $34K |
| Net Assets | $7.5M |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 26.1 months |
Financial Health Grade: A
In 2023, Athenaeum Center For Thought & Culture reported a surplus of $482K with revenue exceeding expenses, holds 26.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Athenaeum Center For Thought & Culture's revenue has grown at a compound annual growth rate (CAGR) of 240.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.9% | +36.8% | +6.1% |
| 2022 | +579.6% | +420.0% | +706.2% |
| 2021 | +1181.0% | +2452.5% | +966.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Athenaeum Center For Thought & Culture has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Athenaeum Center For Thought & Culture with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $482K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Athenaeum Center For Thought & Culture
Is Athenaeum Center For Thought & Culture a legitimate charity?
Based on AI analysis of IRS 990 filings, Athenaeum Center For Thought & Culture (EIN: 853740683) insufficient data. 0 red flags identified, 0 strengths noted.
How does Athenaeum Center For Thought & Culture spend its money?
Detailed spending breakdown data is not yet available for Athenaeum Center For Thought & Culture. Check back for updated IRS 990 analysis.
Are donations to Athenaeum Center For Thought & Culture tax-deductible?
Athenaeum Center For Thought & Culture is registered as a tax-exempt nonprofit (EIN: 853740683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Athenaeum Center For Thought & Culture located?
Athenaeum Center For Thought & Culture is headquartered in Chicago, Illinois and files with the IRS under EIN 853740683. It is classified under NTEE code A20.
How many years of IRS 990 filings does Athenaeum Center For Thought & Culture have?
Athenaeum Center For Thought & Culture has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $6.4M in total revenue.
Filing History
IRS 990 filing history for Athenaeum Center For Thought & Culture showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Athenaeum Center For Thought & Culture's revenue has grown by 3829.9%, moving from $100K to $3.9M. Total assets increased by 9025.5% over the same period, from $82K to $7.5M. Total functional expenses rose by 18063%, from $19K to $3.4M. In its most recent filing year (2023), Athenaeum Center For Thought & Culture reported a surplus of $482K, with revenue exceeding expenses. The organization holds $34K in liabilities against $7.5M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.4M | $7.5M | $34K | — | — |
| 2022 | $8.7M | $2.5M | $7.1M | $11K | — | View 990 |
| 2021 | $1.3M | $484K | $878K | $0 | — | View 990 |
| 2020 | $100K | $19K | $82K | $1K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.4M, and assets of $7.5M (revenue -54.9% year-over-year).
- 2022: Revenue of $8.7M, expenses of $2.5M, and assets of $7.1M (revenue +579.6% year-over-year).
- 2021: Revenue of $1.3M, expenses of $484K, and assets of $878K (revenue +1181.0% year-over-year).
- 2020: Revenue of $100K, expenses of $19K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Athenaeum Center For Thought & Culture:
Data Sources and Methodology
This transparency report for Athenaeum Center For Thought & Culture is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.