THE LATIN SCHOOL OF CHICAGO
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$58,188,048
Program Services
88%
Contributions
5%
Fundraising Events
3%
Investments
3%
Other
1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$57,857,592
Salaries & Benefits
64%
Other
10%
Grants
9%
Depreciation
6%
Offices, Occupancy & IT
5%
Interest
3%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,891,214
$2,962,485
+2%
Government Grants
$0
$0
-
Fundraising Events
$1,417,333
$1,898,326
+34%
Program Services
$48,331,381
$51,155,268
+6%
Membership Dues
$0
$0
-
Investments
$1,172,604
$1,516,838
+29%
Other
$427,947
$655,131
+53%
Total Revenues
$54,240,479
$58,188,048
+7%
Expenses
2023
2024
Change
Grants
$4,285,635
$5,118,654
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$37,094,953
$37,049,198
0%
Fees to Service Providers
$611,670
$1,069,966
+75%
Advertising & Promotion
$124,955
$115,956
-7%
Offices, Occupancy & IT
$3,664,298
$3,070,551
-16%
Interest
$1,302,262
$1,975,084
+52%
Depreciation
$3,457,842
$3,558,897
+3%
Other
$5,899,505
$5,899,286
0%
Total Expenses
$56,441,120
$57,857,592
+3%
Net income
2023
2024
Change
Net income
-$2,200,641
+$330,456
-115%
Functional Expenses
Summary
2023
2024
Change
Program
$46,610,160
$47,706,368
+2%
Admin
$8,135,158
$8,702,935
+7%
Fundraising
$1,695,802
$1,448,289
-15%
Total Expenses
$56,441,120
$57,857,592
+3%
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