Kenneth C Griffin Museum Of Science And Industry: $64.4M Revenue, $52.1M 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. Total compensation for current officers and key employees was $2.5M (3.86% of revenue). NonprofitTruth efficiency grade: C (53/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2022.
Key Facts (2022 Form 990)
- Total Revenue
- $64.4M
- Total Expenses
- $52.1M
- Total Assets
- $409.6M
- Reserve Months
- 94.4 months
- Surplus / (Deficit)
- $12.4M
- EIN
- 362167797
- Latest 990 Year
- 2022
- Current-Officer Compensation
- $2.5M
- Officer Comp % of Revenue
- 3.86%
Kenneth C Griffin Museum Of Science And Industry earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 53/100.
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. On the financial-health factor, Kenneth C Griffin Museum Of Science And Industry runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.
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. Compensation for current officers and key employees runs $2.5M against $64.4M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. 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.
How Kenneth C Griffin Museum Of Science And Industry Compares
Kenneth C Griffin Museum Of Science And Industry earns a NonprofitTruth efficiency grade of C (53/100). That is 3 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 3.86% of total revenue. The organization holds 94.4 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Kenneth C Griffin Museum Of Science And Industry reported $64.4M in revenue against $52.1M in total functional expenses for filing year 2022, holding roughly 94.4 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 $2.5M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 3.86% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Kenneth C Griffin Museum Of Science And Industry has a NonprofitTruth Efficiency Score of C (53/100), 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.
Kenneth C Griffin Museum Of Science And Industry, Donor FAQ
Kenneth C Griffin Museum Of Science And Industry has a NonprofitTruth Efficiency Score of C (53/100), 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.
Kenneth C Griffin Museum Of Science And Industry reports $2.5M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 3.86% of the organization's $64.4M 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.
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.
Kenneth C Griffin Museum Of Science And Industry holds approximately 94.4 months of operating reserves (total assets relative to annual expenses) based on its 2022 IRS Form 990, one input into its C efficiency grade.
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.
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.