Arts, Culture & Humanities
(A50I)
IRS Verified
DX Registered
990 on File
ILLINOIS STATE MUSEUM SOCIETY MUSEUM BUILDING
Financial strength (30%)
81/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Illinois State Museum’s (ISM) mission is to inspire exploration of Illinois’ past and present to inform and enrich everyday life and to promote stewardship of cultural and natural resources for the future. The Illinois State Museum Society is the non-profit arm of the ISM. The Society’s mission is to support the programs of ISM and its branch facilities in Lewistown, Springfield and Lockport.
Financial Overview — FY 2025
$626K
Total Revenue
$666K
Total Expenses
$3.2M
Net Assets
10
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.0%
Fundraising Efficiency
10642.6%
Operating Reserve
58.31x
Liability-to-Asset
3.7%
Revenue Diversification
61.5%
Executive Compensation
$87K
Compared with Peers
FY 2025
Compared with 7,068 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.0% | 81.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.6% | 13.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
13.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
10642.6% | 27.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
58.3 mo | 9.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.7% | 1.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
61.5% | 77.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
13.9% | 6.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-13.8% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.3% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $626K | $666K | $3.2M | 70.0% | 10 |
| 2024 | $550K | $773K | $3.2M | 69.4% | 13 |
| 2023 | $760K | $852K | $3.2M | 75.7% | 16 |
| 2022 | $706K | $798K | $3.0M | 69.3% | 17 |
| 2021 | $483K | $643K | N/A | — | 15 |
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