Erikson Institute FY2021 filing

Tax-deductible

Chicago, IL501(c)(3)Since 1966EducationEIN 36-2593545

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Erikson is a leading institution of higher education that prepares professionals to address the urgent challenges facing young children, their families and communities. Our innovative programs, transformative research and impactful advocacy empower early childhood professionals to drive lasting change. Erikson strives to build a future where every child thrives.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$2.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
3 of 5
filings with a surplus
Average surplus $2.0M a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.3M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$34.7M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
30
of 31 voting members
Looks good: 30 of 31 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$33.1M
+40% vs prior year
Spent
$26.2M
To programs
79%
Net assets
$60.3M
By yearFY2020–FY2024
Revenue
$33.1M
FY2021▲ +40%
Revenue by fiscal year
FY2020$23.7M
FY2021$33.1M
FY2022$29.4M
FY2023$36.7M
FY2024$22.7M
FY2024$33.4M
Expenses
$26.2M
FY2021▼ -5%
Expenses by fiscal year
FY2020$27.6M
FY2021$26.2M
FY2022$25.5M
FY2023$26.1M
FY2024$30.5M
FY2024$30.7M
Net assets
$60.3M
FY2021▲ +47%
Net assets by fiscal year
FY2020$41.1M
FY2021$60.3M
FY2022$56.9M
FY2023$69.6M
FY2024$67.3M
FY2024$76.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1966.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $20.6M Management & general 18% · $4.6M Fundraising 4% · $986K

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

44 people listed on the 990; $2.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$373,943Pt VII · Sec A
Chief External Affairs Officer
$248,613Pt VII · Sec A
VP for Finance & Operations, Chief Financial Officer
$219,709Pt VII · Sec A
SR VP & Dean of Faculty
$219,215Pt VII · Sec A
Director Center for Children and Families
$185,654Pt VII · Sec A
VP of Institutional Effectiveness and Planning
$165,972Pt VII · Sec A
Senior Associate Vice President of Enrollment Management
$164,062Pt VII · Sec A
Associate Professor
$155,013Pt VII · Sec A

Mariana Souto-Manning’s $645K as President is at the 95th percentile of top reported officer pay among 3683 $10–100M education 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Mariana Souto-Manning$644,731$455,162$478,680$131,130——
Geoffrey Nagle——$187,092$240,554$373,943$398,648
Maura Daly$279,351$271,215$263,316$274,424$248,613$175,503
Patricia Lawson$234,432$227,761$221,250$261,208$219,709$208,245
Jie-Qi Chen$194,770$189,282$182,656$229,373$219,215$223,530
Pamela Epley$215,005$203,370$187,937$176,485——
Marcy Safyer————$185,654$134,671
Charles Chang———$145,236$165,972$154,255

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.

See Erikson Institute executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Equips professionals to ensure all children have fair chances to succeed.

Provided by the organization

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3 programs · $20.6M · in their own filed words · FY2020
01

Academics

Through contemporary master's degree, doctoral degree, and graduate certificate programs, Erikson Institute prepares leaders in child development, social work, and early childhood education. We offer the most comprehensive, interdisciplinary understanding of children and families through classes on campus and online.

$11.1Mprogram expense
02

Direct Services

Erikson provides services directly to children and families, as well as consulting and training for the professionals who serve them. In 2021, a total of 319 families were supported by the early childhood mental health and diagnostic services provided by our Center for Children and Families.

$7.0Mprogram expense
03

Research, Policy & Leadership

Erikson conducts research that bridges theory and practice, generating new knowledge that invigorates our academic courses, services, and programs, and improves life for children and families in Chicago and throughout the nation.

$2.5Mprogram 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
Total grants receivedfrom 1 funder$2K
Grants paid · 33 grants · $15.9M · 2019–2024
Unitemized GrantFY2024$2,324,643
Sri InternationalFY2024$88,279
American Academy of PediatricsFY2024$57,905
University of IllinoisFY2024$55,000
University of DelawareFY2024$53,040
Illinois Action for ChildrenFY2024$52,770
Indigo Cultural Center INCFY2024$45,547
University of ChicagoFY2024$43,598
National Association for Family ChildcareFY2024$31,240
Unitemized GrantFY2023$2,633,347
ChaddockIL · FY2023$240,860
University of ChicagoIL · FY2023$136,011
Illinois Action for ChildrenIL · FY2023$134,313
Sri InternationalCA · FY2023$75,089
University of DelawareDE · FY2023$22,569
Unitemized GrantFY2022$1,284,438
Sri InternationalCA · FY2022$242,245
See all 33 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$33.1M
Ln 12
Gifts and grantsLn 1h$18.4M
Fees for servicesLn 2g$10.4M
Investment incomeLn 3$4.3M
Money outPt IX
$26.2M
Ln 25
Programscol B$20.6M
Managementcol C$4.6M
Fundraisingcol D$986K
Owns and owesPt X
$60.3M
net assets · Ln 32
Cash and savingsLn 1–2$7.0M
Total assetsLn 16$94.9M
LiabilitiesLn 26$34.7M
PeoplePt VI, VII
44
listed · VII A
PaidVII A12
Voting boardVI 1a31
IndependentVI 1b30
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$18.4M
Government grantsLn 1e$8.4M
Noncash giftsLn 1g$305K
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$10.4M
Investment incomeLn 3$4.3M
Other incomeLn 4–11$45K
Gains on assetsLn 7$3.8M
Total revenueLn 12$33.1M
Assets in detailPt X, end of year
CashLn 1$2.4M
SavingsLn 2$4.6M
Cash and savings togetherLn 1–2$7.0M
InvestmentsLn 11–13$58.9M
Land, buildings, equipmentLn 10c$21.2M
Other assetsLn 15$504K
Total assetsLn 16$94.9M
LiabilitiesLn 26$34.7M
Net assetsLn 32$60.3M
OperationsPt I, VI
EmployeesI 5258
VolunteersI 6199
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$7.4M$7.0M
InvestmentsLn 11–13$43.4M$58.9M
Land, buildings, equipmentLn 10c$21.9M$21.2M
Total assetsLn 16$79.9M$94.9M
LiabilitiesLn 26$38.9M$34.7M
Net assetsLn 32$41.1M$60.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$63K$63K
Grants to domestic individualsLn 2$2.7M$2.7M
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$1.6M$908K$462K$219K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$11.9M$10.1M$1.5M$357K
Pension plan contributionsLn 8$641K$508K$104K$30K
Other employee benefitsLn 9$1.4M$1.1M$219K$62K
Payroll taxesLn 10$911K$721K$147K$42K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$232K$19K$182K$31K
Accounting feesLn 11c$42K$0$42K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$65K$65K
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$2.1M$1.2M$828K$69K
Advertising and promotionLn 12$352K$249K$96K$6K
Office expensesLn 13$341K$135K$195K$11K
Information technologyLn 14$453K$303K$130K$20K
RoyaltiesLn 15$3K$3K$0$0
OccupancyLn 16$543K$365K$171K$7K
TravelLn 17$10K$7K$2K
Conferences, conventions and meetingsLn 19$106K$79K$23K$5K
InterestLn 20$1.2M$1000K$140K$23K
Depreciation, depletion and amortizationLn 22$834K$717K$100K$17K
InsuranceLn 23$198K$133K$62K$3K
Other expenses (24a–d)Ln 24$115K$113K$1K
All other expensesLn 24e$417K$221K$176K$20K
Total functional expensesLn 25$26.2M$20.6M$4.6M$986K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $22.7M$30.5M−$7.8M$67.3M 990 PDF
FY2023 $36.7M$26.1M$10.6M$69.6M 990 PDF
FY2022 $29.4M$25.5M$3.9M$56.9M 990 PDF
FY2021 Viewing $33.1M$26.2M$6.9M$60.3M 990 PDF
FY2020 $23.7M$27.6M−$3.9M$41.1M 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 FY2021 990 (5 parts)
Part I · Summary $33,099,799 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,038,095$18,407,896
I-9 Program service revenuePrior year $10,521,440$10,362,820
I-10 Investment incomePrior year $1,136,376$4,284,031
I-11 Other revenuePrior year $10,498$45,052
I-12 Total revenuePrior year $23,706,409$33,099,799
I-13 Grants and similar amounts paidPrior year $2,917,316$2,804,014
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $16,913,174$16,413,631
I-16a Professional fundraising feesPrior year $72,523$65,000
I-17 Other expensesPrior year $7,659,412$6,887,115
I-18 Total expensesPrior year $27,562,425$26,169,760
I-19 Revenue less expensesPrior year −$3,856,016$6,930,039
Part VIII · Statement of revenue $33,099,799 across 16 lines filed
Lines not itemized here account for $14,133 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$8,400,440
VIII-1f All other contributions, gifts and grants$10,007,456
VIII-1g Noncash contributions (included above)$305,013
VIII-1h Total contributions, gifts and grants$18,407,896
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,362,820 · Unrelated business $0 · Excluded from tax $0$10,362,820
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $474,398$474,398
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $17,919$17,919
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $13,000$13,000
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,809,633$3,809,633
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $10,376,953 · Unrelated business $0 · Excluded from tax $4,314,950$33,099,799
Part IX · Statement of functional expenses $26,169,760 across 29 lines filed
IX-1 Grants to domestic organizationsPrograms $62,941$62,941
IX-2 Grants to domestic individualsPrograms $2,741,073$2,741,073
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $907,876 · Management $461,755 · Fundraising $218,538$1,588,169
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $10,065,552 · Management $1,499,612 · Fundraising $356,559$11,921,723
IX-8 Pension plan contributionsPrograms $508,018 · Management $103,649 · Fundraising $29,566$641,233
IX-9 Other employee benefitsPrograms $1,071,117 · Management $218,536 · Fundraising $62,338$1,351,991
IX-10 Payroll taxesPrograms $721,357 · Management $147,176 · Fundraising $41,982$910,515
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $19,023 · Management $182,014 · Fundraising $31,119$232,156
IX-11c Accounting feesPrograms $0 · Management $42,371 · Fundraising $0$42,371
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $65,000$65,000
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $1,180,625 · Management $828,077 · Fundraising $69,411$2,078,113
IX-12 Advertising and promotionPrograms $249,386 · Management $96,069 · Fundraising $6,308$351,763
IX-13 Office expensesPrograms $134,864 · Management $195,121 · Fundraising $10,870$340,855
IX-14 Information technologyPrograms $302,940 · Management $130,316 · Fundraising $20,000$453,256
IX-15 RoyaltiesPrograms $2,610 · Management $0 · Fundraising $0$2,610
IX-16 OccupancyPrograms $364,922 · Management $171,109 · Fundraising $7,112$543,143
IX-17 TravelPrograms $7,349 · Management $2,285$9,634
IX-19 Conferences, conventions and meetingsPrograms $78,992 · Management $22,886 · Fundraising $4,613$106,491
IX-20 InterestPrograms $999,988 · Management $139,533 · Fundraising $23,256$1,162,777
IX-22 Depreciation, depletion and amortizationPrograms $716,994 · Management $100,046 · Fundraising $16,674$833,714
IX-23 InsurancePrograms $132,888 · Management $62,310 · Fundraising $2,590$197,788
IX-24 Other expenses (24a–d)Programs $113,492 · Management $1,489$114,981
IX-24e All other expensesPrograms $221,441 · Management $175,652 · Fundraising $20,370$417,463
IX-25 Total functional expensesPrograms $20,603,448 · Management $4,580,006 · Fundraising $986,306$26,169,760
Part X · Balance sheet $94,916,051 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $5,305,227$2,446,787
X-2 Savings and temporary cash investmentsStart of year $2,112,639$4,563,539
X-3 Pledges and grants receivableStart of year $5,508,501$6,672,769
X-4 Accounts receivableStart of year $402,501$298,360
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $321,333$339,766
X-10c Land, buildings and equipment, netStart of year $21,945,665$21,177,501
X-11 Publicly traded securitiesStart of year $28,942,333$41,907,971
X-12 Other securitiesStart of year $14,465,620$17,004,960
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $904,863$504,398
X-16 Total assetsStart of year $79,908,682$94,916,051
X-17 Accounts payable and accrued expensesStart of year $1,515,460$2,450,767
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $224,409$516,058
X-20 Tax-exempt bond liabilitiesStart of year $25,035,417$25,050,717
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $12,078,216$6,640,453
X-26 Total liabilitiesStart of year $38,853,502$34,657,995
X-27 Net assets without donor restrictionsStart of year $10,400,533$17,793,175
X-28 Net assets with donor restrictionsStart of year $9,115,331$20,925,565
X-32 Total net assets or fund balancesStart of year $41,055,180$60,258,056
X-33 Total liabilities and net assetsStart of year $79,908,682$94,916,051
Part XI · Reconciliation of net assets $60,258,056 net assets at year end
XI-1 Total revenue$33,099,799
XI-2 Total expenses$26,169,760
XI-3 Revenue less expenses$6,930,039
XI-4 Net assets at start of year$41,055,180
XI-5 Net unrealized gains (losses) on investments$11,126,183
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses−$616,105
XI-8 Prior period adjustments−$356,845
XI-9 Other changes in net assets$2,119,604
XI-10 Net assets at end of year$60,258,056

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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