The Art Institute of Chicago
AI Summary
The Art Institute of Chicago is a not-for-profit organization that serves as both a museum and an institution of higher education, dedicated to fostering appreciation and education in visual fine arts and design. With an operating budget of $293.4 million and total revenue of $493.8 million for the 2024 filing year, it is a significant player in the arts and education sectors. The organization does not rely on any single funder for 50% or more of its revenue, ensuring a diverse funding base for its initiatives.
Mission Statement
The Art Institute of Chicago, a not-for-profit corporation, is both a museum and an institution of higher education that exists to provide appreciation and education in visual fine arts and design.
Cause Areas
2
University education
Higher education
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is The Art Institute of Chicago’s budget?
In 2024, The Art Institute of Chicago reported an annual operating budget of around $293.4 million. More detailed financial information is available to registered users.
What causes does The Art Institute of Chicago support?
The Art Institute of Chicago supports work in University education and Higher education.
Where does The Art Institute of Chicago operate?
The Art Institute of Chicago is headquartered in Chicago, IL.
Who funded The Art Institute of Chicago recently?
In 2025, The Art Institute of Chicago received grants from THE JAHARIS FAMILY FOUNDATION C/O OIKOS HOLDINGS LLC, DANIEL VAN DEGRIFT CHARITABLE TRUST, and CHAUNCEY AND MARION D MCCORMICK FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant The Art Institute of Chicago received in 2024?
The largest grant to The Art Institute of Chicago in 2024 exceeds $3.8 million.
What is The Art Institute of Chicago’s reliance on government grants?
The Art Institute of Chicago relied on government grants for less than 5% of their total revenue in 2024.