Amer Acad & Inst of Arts & Letters Letters Pv 3960
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Amer Acad & Inst of Arts & Letters Letters Pv 3960 is a 501(c)(3) organization based in Chicago, Illinois, registered in 1971, with $381,077 in FY2024 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 13-6035643 Since 1971
Revenue (FY2024)
$381K
▲ 9.8% vs prior year
Expenses (FY2024)
$414K
Net assets
$7.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Amer Acad & Inst of Arts & Letters Letters Pv 3960— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating213 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Amer Acad & Inst of Arts & Letters Letters Pv 3960: 213 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Amer Acad & Inst of Arts & Letters Letters Pv 3960— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Amer Acad & Inst of Arts & Letters Letters Pv 3960: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $574K (FY2018) to $381K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.4M
Operating margin
-8.7%
Spent more than it raised in the latest fiscal year.
Total assets
$7.4M
Total liabilities
$0
Net assets
$7.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $381,077▲9.8% | $414,184▼0.2% | $7,352,331▼0.7% | $7,352,331▼0.7% | 990PF |
| 2023 | $347,184▼50.7% | $415,165▼13.2% | $7,404,305▼0.9% | $7,404,305▼0.9% | 990PF |
| 2022 | $704,449▲67.5% | $478,371▲20.7% | $7,472,389▲3.2% | $7,472,389▲3.2% | 990PF |
| 2021 | $420,661▲220% | $396,294▲8.6% | $7,242,803▲0.3% | $7,242,803▲0.3% | 990PF |
| 2020 | $131,265▼89.5% | $364,877▼11.4% | $7,218,822▼3.1% | $7,218,822▼3.1% | 990PF |
| 2019 | $1,247,172▲117% | $411,664▲5.4% | $7,453,452▲12.8% | $7,453,452▲12.8% | 990PF |
| 2018 | $574,359 | $390,398▲19.8% | $6,606,017▲4.6% | $6,606,017▲4.6% | 990PF |
| 2011 | — | $325,896▲58.4% | $6,313,569▲3.6% | $6,313,569▲3.6% | 990PF |
| 2010 | — | $205,763 | $6,097,012 | $6,097,012 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Amer Acad & Inst of Arts & Letters Letters Pv 3960 a legitimate nonprofit?
- Yes. Amer Acad & Inst of Arts & Letters Letters Pv 3960 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-6035643, based in Chicago, Illinois. Donations are tax-deductible.
- What is Amer Acad & Inst of Arts & Letters Letters Pv 3960's EIN?
- Amer Acad & Inst of Arts & Letters Letters Pv 3960's Employer Identification Number (EIN) is 13-6035643.
- How much revenue does Amer Acad & Inst of Arts & Letters Letters Pv 3960 report?
- Amer Acad & Inst of Arts & Letters Letters Pv 3960 reported $381,077 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Amer Acad & Inst of Arts & Letters Letters Pv 3960 have?
- CharityIndex grades Amer Acad & Inst of Arts & Letters Letters Pv 3960 C+, based on financial health (reserves and operating margin).
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Data for Amer Acad & Inst of Arts & Letters Letters Pv 3960 (EIN 13-6035643) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.