THE HEKTOEN INSTITUTE OF MEDICINE

THE HEKTOEN INSTITUTE OF MEDICINE

Chicago, IL, US
501(c)3
EIN
36-2244897
Research Institutes & Public Policy Analysis

THE HEKTOEN INSTITUTE OF MEDICINE

Chicago, IL, US
501(c)3
EIN
36-2244897
Research Institutes & Public Policy Analysis

Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2024

$30,171,007

Program Services
71%
Other
13%
Contributions
11%
Investments
6%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$25,766,495

Salaries & Benefits
67%
Fees to Service Providers
14%
Other
14%
Offices, Occupancy & IT
5%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,514,826
$3,400,832
-3%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$23,266,074
$21,319,876
-8%
Membership Dues
$0
$0
-
Investments
$1,362,664
$1,665,215
+22%
Other
$768,895
$3,785,084
+392%
Total Revenues
$28,912,459
$30,171,007
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$18,057,722
$17,219,490
-5%
Fees to Service Providers
$5,269,646
$3,731,625
-29%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,316,042
$1,245,910
-5%
Interest
$0
$0
-
Depreciation
$30,678
$29,672
-3%
Other
$3,907,559
$3,539,798
-9%
Total Expenses
$28,581,647
$25,766,495
-10%
Net income
2023
2024
Change
Net income
+$330,812
+$4,404,512
+1231%
Functional Expenses
Summary
2023
2024
Change
Program
$24,930,574
$21,725,955
-13%
Admin
$3,651,073
$4,040,540
+11%
Fundraising
$0
$0
-
Total Expenses
$28,581,647
$25,766,495
-10%
Income Statement
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