Chautauqua Institution

Tax-deductible

Chautauqua, NY501(c)(3)Since 1902Arts & CultureEIN 16-0758844Revenue $63.4M in FY2024

On file with the IRSchq.orgPo Box 28, 14722-0028 · Chautauqua, NYTax-exempt since Apr 1960Publicly supported — 509(a)(2)

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501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 300 volunteers and 916 employees.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $5.4M a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.8M
to officers and key staff · 8% of spending
Top officer’s pay higher than 68% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $698K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6.6M
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$63.4M
+28% vs prior year
Spent
$47.8M
To programs
74%
Net assets
$297.8M
By yearFY2020–FY2024
Revenue
$63.4M
FY2024▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$15.4M
FY2021$47.8M
FY2022$44.1M
FY2023$49.3M
FY2024$63.4M
Expenses
$47.8M
FY2024▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$24.1M
FY2021$33.5M
FY2022$43.7M
FY2023$43.6M
FY2024$47.8M
Net assets
$297.8M
FY2024▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$111.9M
FY2021$266.4M
FY2022$244.5M
FY2023$267.0M
FY2024$297.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1960.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $35.3M Management & general 20% · $9.7M Fundraising 6% · $2.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

50 people listed on the 990; $3.8M paid to officers and key staff.

Part VII, Section A · reportable compensation
$416,195Pt VII · Sec A
Executive VP
$233,889Pt VII · Sec A
SR VP & Chief Advancement Officer
$233,834Pt VII · Sec A
SR VP & Chief Program Officer
$233,632Pt VII · Sec A
SR VP, General Counsel & Secretary
$230,645Pt VII · Sec A
SR VP & Chief Diversity Officer
$221,408Pt VII · Sec A
Dir, Chautauqua Climate Change Initiative
$207,667Pt VII · Sec A
VP of Advancement & Campaign Officer
$202,017Pt VII · Sec A

Michael E Hill’s $416K as President is at the 68th percentile of top reported officer pay among 749 $10–100M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michael E Hill$416,195$406,324$407,941$383,443$343,400
Amit Taneja$221,408$223,010$234,025$141,729—
Sebastian Baggiano$233,889$224,670$225,038$187,035$184,649
George L Follansbee JR$233,834————
Deborah S Moore$233,632$225,111———
Mark Wenzler$207,667$232,483$195,295$118,004—
George Follansbee JR—$228,208$231,218——
Shannon Rozner$230,645$225,224$226,055$177,317$189,181

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides educational and cultural programs, supported by facility maintenance and food services.

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Provided by the organization

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2 programs · $35.3M · in their own filed words · FY2024
01

With a foucus on lifelong learning, chautauqua institution brings to its constituents and to the surrounding communities the perspectives and innovations of thought and interfaith leaders, context experts, and renowned performers and prodigies in the context of four pillars of foucus: education, religion, recreation and the arts.

$19.0Mprogram expense
02

Support services, box office and parking municipal services which include facility maintenance and food service for students. These services are necessary for all program function. (100,000+ are served)

$16.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 6 funders →
Grants paid · 5 grants · $4.0M · 2020–2024
Unitemized GrantFY2024$1,007,415
Unitemized GrantFY2023$787,312
Unitemized GrantFY2022$925,645
Unitemized GrantFY2021$765,110
Unitemized GrantFY2020$547,887

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$63.4M
Ln 12
Gifts and grantsLn 1h$34.0M
Fees for servicesLn 2g$27.3M
Other incomeLn 4–11$1.2M
Money outPt IX
$47.8M
Ln 25
Programscol B$35.3M
Managementcol C$9.7M
Fundraisingcol D$2.7M
Owns and owesPt X
$297.8M
net assets · Ln 32
Cash and savingsLn 1–2$22.4M
Total assetsLn 16$304.4M
LiabilitiesLn 26$6.6M
PeoplePt VI, VII
50
listed · VII A
PaidVII A20
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$34.0M
Noncash giftsLn 1g$5.3M
Fees for servicesLn 2g$27.3M
Investment incomeLn 3$910K
Other incomeLn 4–11$1.2M
Gains on assetsLn 7$34K
Total revenueLn 12$63.4M
Assets in detailPt X, end of year
CashLn 1$20.9M
SavingsLn 2$1.5M
Cash and savings togetherLn 1–2$22.4M
InvestmentsLn 11–13$2.7M
Land, buildings, equipmentLn 10c$97.8M
Other assetsLn 15$158.2M
Total assetsLn 16$304.4M
LiabilitiesLn 26$6.6M
Net assetsLn 32$297.8M
OperationsPt I, VI
EmployeesI 5916
VolunteersI 6300
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$15.8M$22.4M
InvestmentsLn 11–13$3.2M$2.7M
Land, buildings, equipmentLn 10c$96.7M$97.8M
Total assetsLn 16$272.1M$304.4M
LiabilitiesLn 26$5.1M$6.6M
Net assetsLn 32$267.0M$297.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.0M$1.0M
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$3.8M$2.9M$285K$618K
Pay of disqualified personsLn 6$15K$15K
Other salaries and wagesLn 7$13.9M$9.6M$3.3M$930K
Pension plan contributionsLn 8$1.4M$890K$424K$111K
Other employee benefitsLn 9−$1.0M−$677K−$225K−$107K
Payroll taxesLn 10$3.2M$2.1M$834K$300K
Legal feesLn 11b$180K$174K$6K
Accounting feesLn 11c$107K$107K
Lobbying feesLn 11d$109K$109K
Other fees for servicesLn 11g$1K$0$172$950
Advertising and promotionLn 12$2.4M$675K$1.5M$283K
Office expensesLn 13$2.0M$1.6M$466K$17K
Information technologyLn 14$363K$81K$198K$84K
OccupancyLn 16$1.1M$871K$232K
TravelLn 17$2.4M$1.8M$387K$145K
Conferences, conventions and meetingsLn 19$1.8M$1.8M$20K
Depreciation, depletion and amortizationLn 22$5.0M$5.0M
InsuranceLn 23$905K$905K
Other expenses (24a–d)Ln 24$6.4M$5.6M$562K$199K
All other expensesLn 24e$2.7M$2.1M$547K$52K
Total functional expensesLn 25$47.8M$35.3M$9.7M$2.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $63.4M$47.8M$15.6M$297.8M 990 PDF
FY2023 $49.3M$43.6M$5.8M$267.0M 990 PDF
FY2022 $44.1M$43.7M$352K$244.5M 990 PDF
FY2021 $47.8M$33.5M$14.3M$266.4M 990 PDF
FY2020 $15.4M$24.1M−$8.7M$111.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $63,353,734 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $21,729,069$33,974,937
I-9 Program service revenuePrior year $25,655,854$27,269,136
I-10 Investment incomePrior year $703,188$909,542
I-11 Other revenuePrior year $1,255,396$1,200,119
I-12 Total revenuePrior year $49,343,507$63,353,734
I-13 Grants and similar amounts paidPrior year $787,312$1,007,415
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $20,422,243$21,304,741
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $22,358,824$25,485,223
I-18 Total expensesPrior year $43,568,379$47,797,379
I-19 Revenue less expensesPrior year $5,775,128$15,556,355
Part VI · Governance 24 of 24 board members independent, no flags
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $63,353,734 across 11 lines filed
Lines not itemized here account for $396,677 of total revenue; see the IRS return.
VIII-1d Related organizations$4,916,399
VIII-1f All other contributions, gifts and grants$29,058,538
VIII-1g Noncash contributions (included above)$5,345,281
VIII-1h Total contributions, gifts and grants$33,974,937
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $26,377,264 · Unrelated business $891,872$27,269,136
VIII-3 Investment incomeExcluded from tax $875,192$875,192
VIII-5 RoyaltiesExcluded from tax $442$442
VIII-7 Net gain or loss on sales of assetsExcluded from tax $34,350$34,350
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $484,041 · Excluded from tax $318,959$803,000
VIII-12 Total revenueRelated to mission $27,139,332 · Unrelated business $1,010,522 · Excluded from tax $1,228,943$63,353,734
Part IX · Statement of functional expenses $47,797,379 across 22 lines filed
IX-2 Grants to domestic individualsPrograms $1,007,415$1,007,415
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $2,884,995 · Management $285,330 · Fundraising $617,594$3,787,919
IX-6 Pay of disqualified personsManagement $15,498$15,498
IX-7 Other salaries and wagesPrograms $9,575,803 · Management $3,348,607 · Fundraising $930,099$13,854,509
IX-8 Pension plan contributionsPrograms $890,220 · Management $424,282 · Fundraising $110,569$1,425,071
IX-9 Other employee benefitsPrograms −$677,129 · Management −$224,632 · Fundraising −$107,441−$1,009,202
IX-10 Payroll taxesPrograms $2,097,156 · Management $833,914 · Fundraising $299,876$3,230,946
IX-11b Legal feesManagement $174,179 · Fundraising $6,154$180,333
IX-11c Accounting feesManagement $106,837$106,837
IX-11d Lobbying feesFundraising $108,630$108,630
IX-11g Other fees for servicesPrograms $0 · Management $172 · Fundraising $950$1,122
IX-12 Advertising and promotionPrograms $674,580 · Management $1,458,577 · Fundraising $283,473$2,416,630
IX-13 Office expensesPrograms $1,563,000 · Management $465,596 · Fundraising $16,628$2,045,224
IX-14 Information technologyPrograms $81,413 · Management $198,147 · Fundraising $83,855$363,415
IX-16 OccupancyPrograms $870,708 · Management $232,170$1,102,878
IX-17 TravelPrograms $1,842,255 · Management $387,201 · Fundraising $145,186$2,374,642
IX-19 Conferences, conventions and meetingsPrograms $1,808,093 · Management $19,870$1,827,963
IX-22 Depreciation, depletion and amortizationPrograms $4,989,272$4,989,272
IX-23 InsuranceManagement $905,164$905,164
IX-24 Other expenses (24a–d)Programs $5,635,363 · Management $562,462 · Fundraising $198,548$6,396,373
IX-24e All other expensesPrograms $2,067,360 · Management $547,281 · Fundraising $52,099$2,666,740
IX-25 Total functional expensesPrograms $35,310,504 · Management $9,740,655 · Fundraising $2,746,220$47,797,379
Part X · Balance sheet $304,394,015 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $14,362,557$20,887,811
X-2 Savings and temporary cash investmentsStart of year $1,435,654$1,492,207
X-3 Pledges and grants receivableStart of year $13,316,947$21,700,007
X-4 Accounts receivableStart of year $5,281,506$785,822
X-8 Inventories for sale or useStart of year $527,128$568,764
X-9 Prepaid expenses and deferred chargesStart of year $201,609$225,217
X-10c Land, buildings and equipment, netStart of year $96,719,025$97,802,506
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $3,160,134$2,725,918
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $137,072,263$158,205,763
X-16 Total assetsStart of year $272,076,823$304,394,015
X-17 Accounts payable and accrued expensesStart of year $3,763,303$4,915,154
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $1,317,136$1,702,379
X-26 Total liabilitiesStart of year $5,080,439$6,617,533
X-27 Net assets without donor restrictionsStart of year $119,300,317$115,858,606
X-28 Net assets with donor restrictionsStart of year $147,696,067$181,917,876
X-32 Total net assets or fund balancesStart of year $266,996,384$297,776,482
X-33 Total liabilities and net assetsStart of year $272,076,823$304,394,015
Part XI · Reconciliation of net assets $297,776,482 net assets at year end
XI-1 Total revenue$63,353,734
XI-2 Total expenses$47,797,379
XI-3 Revenue less expenses$15,556,355
XI-4 Net assets at start of year$266,996,384
XI-9 Other changes in net assets$15,223,743
XI-10 Net assets at end of year$297,776,482

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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