Chicago Public Media Inc: $33.8M Revenue, $30.1M Expenses
Chicago, Illinois · EIN 363687394 · Filing year 2024
Chicago Public Media Inc reported $33.8M in total revenue, $30.1M in total expenses, and $115.9M in total assets on its 2024 IRS Form 990. Total compensation for current officers and key employees was $1.8M (5.29% of revenue). NonprofitTruth efficiency grade: D (48/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.
Key Facts (2024 Form 990)
- Total Revenue
- $33.8M
- Total Expenses
- $30.1M
- Total Assets
- $115.9M
- Reserve Months
- 46.2 months
- Surplus / (Deficit)
- $3.7M
- EIN
- 363687394
- Latest 990 Year
- 2024
- Current-Officer Compensation
- $1.8M
- Officer Comp % of Revenue
- 5.29%
Chicago Public Media Inc pulls a D on the efficiency rubric. The composite of 48/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.
Chicago Public Media Inc reported $33.8M in 2024 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the financial-health factor, Chicago Public Media Inc runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.
Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is on the higher side of the band typical for nonprofits this size: $1.8M in total current-officer compensation against $33.8M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Chicago Public Media Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Chicago Public Media Inc Compares
Chicago Public Media Inc earns a NonprofitTruth efficiency grade of D (48/100). That is 8 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 5.29% of total revenue. The organization holds 46.2 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Chicago Public Media Inc reported $33.8M in revenue against $30.1M in total functional expenses for filing year 2024, holding roughly 46.2 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $1.8M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 5.29% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Chicago Public Media Inc has a NonprofitTruth Efficiency Score of D (48/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Chicago Public Media Inc, Donor FAQ
Chicago Public Media Inc has a NonprofitTruth Efficiency Score of D (48/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Chicago Public Media Inc reports $1.8M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 5.29% of the organization's $33.8M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Chicago Public Media Inc reported $33.8M in annual revenue and $30.1M in total expenses for filing year 2024. The organization holds $115.9M in total assets.
Chicago Public Media Inc holds approximately 46.2 months of operating reserves (total assets relative to annual expenses) based on its 2024 IRS Form 990, one input into its D efficiency grade.
Chicago Public Media Inc is a registered 501(c) organization with EIN 363687394, based in Chicago, Illinois. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.