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Arts, Culture & Humanities · 2022 Form 990

Kenneth C Griffin Museum Of Science And Industry: $64.4M Revenue, $40.6M Program Expenses

Chicago, Illinois · EIN 362167797 · Filing year 2022

Kenneth C Griffin Museum Of Science And Industry reported $64.4M in total revenue, $52.1M in total expenses, and $409.6M in total assets on its 2022 IRS Form 990. 78.0% of expenses ($40.6M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: C (58/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2022.

C
Efficiency Score
58/100

Key Facts (2022 Form 990)

Total Revenue
$64.4M
Total Expenses
$52.1M
Program Expenses
$40.6M
Program Expense Ratio
78.0%
Total Assets
$409.6M
Reserve Months
94.4 months
EIN
362167797
Latest 990 Year
2022
Top Officer Compensation
Not reported

Kenneth C Griffin Museum Of Science And Industry earns a C on the efficiency rubric — the median bucket on the LakeQuality scale, indicating performance close to the national midpoint across program spending, executive compensation, and financial reserves. Composite score: 58/100.

At $64.4M in 2022 revenue, Kenneth C Griffin Museum Of Science And Industry sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Kenneth C Griffin Museum Of Science And Industry directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Kenneth C Griffin Museum Of Science And Industry's 2022 revenue is materially below its earlier filings. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Kenneth C Griffin Museum Of Science And Industry 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.


$64.4M
Revenue
$52.1M
Expenses
$409.6M
Total Assets
78.0%
Program Spending

How Kenneth C Griffin Museum Of Science And Industry Compares

Kenneth C Griffin Museum Of Science And Industry directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 58/100 is 11 points below the Arts, Culture & Humanities category average. The organization holds 94.4 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$40.6M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
94.4 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Kenneth C Griffin Museum Of Science And Industry, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Kenneth C Griffin Museum Of Science And Industry has an Efficiency Score of C (58/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Kenneth C Griffin Museum Of Science And Industry, Donor FAQ

Kenneth C Griffin Museum Of Science And Industry has an Efficiency Score of C (58/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Kenneth C Griffin Museum Of Science And Industry is not reported in the most recent IRS 990 filing on file.

Kenneth C Griffin Museum Of Science And Industry reported $64.4M in annual revenue and $52.1M in total expenses for filing year 2022. The organization holds $409.6M in total assets.

For every dollar donated to Kenneth C Griffin Museum Of Science And Industry, approximately 78.0 cents goes to program activities. The organization has 94.4 months of operating reserves, providing financial stability to sustain its mission.

Kenneth C Griffin Museum Of Science And Industry is a registered 501(c) organization with EIN 362167797, based in Chicago, Illinois. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.