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Arts, Culture & Humanities (A99) 990 on File

INSTITUTES FOR JOURNALISM & NATURAL RESOURCES

EIN: 52-2073018 · MADISON, WI 53704-5655 · United States · FY 2025 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$476K
Total Revenue
$657K
Total Expenses
$1.3M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.4%
Fundraising Efficiency N/A
Operating Reserve 23.29x
Liability-to-Asset 7.7%
Revenue Diversification 93.6%
Executive Compensation $137K
Compared with Peers
FY 2025
Compared with 8,038 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
73.4% 81.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
21.2% 13.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.4% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
23.3 mo 9.5 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
7.7% 1.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
93.6% 77.8%
P10P90
Below median
Revenue growth
Year over year revenue growth
-38.0% 6.6%
P10P90
Expense growth
Year over year expense growth
-6.0% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
-38.1% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $476K $657K $1.3M 73.4% 5
2024 $767K $699K $1.4M 75.4% 5
2023 $786K $514K $1.3M 60.5% 5
2022 $965K $590K $896K 70.1% 5
2021 $749K $441K N/A — 4
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Organization Details
EIN
52-2073018
State
WI
City
MADISON
ZIP
53704-5655
Classification
A99
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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