Erikson Institute FY2023 filing

Tax-deductible

Chicago, IL501(c)(3)Since 1966EducationEIN 36-2593545Revenue $36.7M in FY2023

On file with the IRSerikson.edu451 N La Salle Dr, 60654-4510 · Chicago, ILTax-exempt since Oct 1966School — 170(b)(1)(A)(ii)

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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.
77¢ of each $1 spent went to programs.
$2.1M 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

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2.1M a year · 7% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.1M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.6 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
$29.8M
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
29
of 30 voting members
Looks good: 29 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$36.7M
+25% vs prior year
Spent
$26.1M
To programs
77%
Net assets
$69.6M
By yearFY2020–FY2025
Revenue
$36.7M
FY2023▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$23.7M
FY2021$33.1M
FY2022$29.4M
FY2023$36.7M
FY2024$22.7M
FY2025$33.4M
Expenses
$26.1M
FY2023▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$27.6M
FY2021$26.2M
FY2022$25.5M
FY2023$26.1M
FY2024$30.5M
FY2025$30.7M
Net assets
$69.6M
FY2023▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$41.1M
FY2021$60.3M
FY2022$56.9M
FY2023$69.6M
FY2024$67.3M
FY2025$76.5M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1966.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $20.0M Management & general 18% · $4.6M Fundraising 5% · $1.4M

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

40 people listed on the 990; $2.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$478,680Pt VII · Sec A
Chief External Affairs Officer
$263,316Pt VII · Sec A
VP of Finance & Operations/Chief Financial Officer
$221,250Pt VII · Sec A
VP of Academic Affairs
$187,937Pt VII · Sec A
Former President
$187,092Pt VII · Sec A
Director of the Early Learning and Teaching Academy
$182,656Pt VII · Sec A
Director of Development
$136,631Pt VII · Sec A
Associate VP Clinical and Community Services
$136,019Pt 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
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.

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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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

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

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Provided by the organization

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3 programs · $20.0M · in their own filed words · FY2022
01

Academics

Through master's degree, doctoral degrees, graduate certificate programs, and a variety of professional development programs, Erikson Institute prepares leaders in child development, social work, and early childhood education.

$11.2Mprogram expense
02

Direct Clinical Services

Erikson provides a variety of direct services to children and families, as well as consulting and training for professionals who work with them. Our Fussy Baby Network, Center for Children and Families (CCF), and Early Childhood Project, a partnership with the Illinois Department of Children and Family Services, have served over 7,000…

$6.3Mprogram expense
03

Research, Policy & Leadership

Erikson's current research projects respond directly to the needs of young children and the people who serve them by focusing on what works and how, and on models that can be replicated. Our groundbreaking research includes several studies that are the first of their kind in the field on topics including home visiting, racial justice in…

$2.6Mprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$36.7M
Ln 12
Gifts and grantsLn 1h$28.1M
Fees for servicesLn 2g$6.8M
Investment incomeLn 3$2.1M
Money outPt IX
$26.1M
Ln 25
Programscol B$20.0M
Managementcol C$4.6M
Fundraisingcol D$1.4M
Owns and owesPt X
$69.6M
net assets · Ln 32
Cash and savingsLn 1–2$10.1M
Total assetsLn 16$99.3M
LiabilitiesLn 26$29.8M
PeoplePt VI, VII
40
listed · VII A
PaidVII A11
Voting boardVI 1a30
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$28.1M
Government grantsLn 1e$5.9M
Noncash giftsLn 1g$27K
Fundraising eventsLn 1c$3.5M
Fees for servicesLn 2g$6.8M
Investment incomeLn 3$2.1M
Gains on assetsLn 7$590K
Total revenueLn 12$36.7M
Assets in detailPt X, end of year
CashLn 1$2.9M
SavingsLn 2$7.2M
Cash and savings togetherLn 1–2$10.1M
InvestmentsLn 11–13$57.7M
Land, buildings, equipmentLn 10c$20.4M
Other assetsLn 15$645K
Total assetsLn 16$99.3M
LiabilitiesLn 26$29.8M
Net assetsLn 32$69.6M
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 FY23End FY23
Cash and savingsLn 1–2$8.3M$10.1M
InvestmentsLn 11–13$53.5M$57.7M
Land, buildings, equipmentLn 10c$21.2M$20.4M
Total assetsLn 16$89.2M$99.3M
LiabilitiesLn 26$32.3M$29.8M
Net assetsLn 32$56.9M$69.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$647K$647K
Grants to domestic individualsLn 2$1.3M$1.3M
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$702K$478K$406K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$11.6M$9.6M$1.5M$514K
Pension plan contributionsLn 8$671K$525K$113K$32K
Other employee benefitsLn 9$1.3M$986K$213K$60K
Payroll taxesLn 10$930K$729K$157K$44K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$144K$62K$67K$14K
Accounting feesLn 11c$56K$0$56K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$70K$70K
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$2.5M$1.8M$692K$25K
Advertising and promotionLn 12$378K$36K$324K$18K
Office expensesLn 13$376K$191K$166K$18K
Information technologyLn 14$409K$245K$146K$18K
RoyaltiesLn 15$8K$8K$0$0
OccupancyLn 16$715K$500K$204K$10K
TravelLn 17$196K$136K$60K$291
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$376K$199K$44K$133K
InterestLn 20$1.2M$1.1M$148K$25K
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$929K$799K$111K$19K
InsuranceLn 23$230K$161K$66K$3K
Other expenses (24a–d)Ln 24$81K$79K$2K$0
All other expensesLn 24e$409K$328K$81K$0
Total functional expensesLn 25$26.1M$20.0M$4.6M$1.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $33.4M$30.7M$2.7M$76.5M 990 PDF
FY2024 $22.7M$30.5M−$7.8M$67.3M 990 PDF
FY2023 Viewing $36.7M$26.1M$10.6M$69.6M 990 PDF
FY2022 $29.4M$25.5M$3.9M$56.9M 990 PDF
FY2021 $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 FY2023 990 (6 parts)
Part I · Summary $36,668,371 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $13,255,729$28,068,856
I-9 Program service revenuePrior year $8,882,023$6,803,300
I-10 Investment incomePrior year $7,212,484$2,068,320
I-11 Other revenuePrior year $52,127−$272,105
I-12 Total revenuePrior year $29,402,363$36,668,371
I-13 Grants and similar amounts paidPrior year $2,129,503$1,931,016
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $16,044,806$16,053,570
I-16a Professional fundraising feesPrior year $70,000$70,000
I-17 Other expensesPrior year $7,240,001$8,011,875
I-18 Total expensesPrior year $25,484,310$26,066,461
I-19 Revenue less expensesPrior year $3,918,053$10,601,910
Part VI · Governance 29 of 30 board members independent, 1 to look at
VI-1a Voting members of the governing body30
VI-1b Independent voting members29
VI-2 Family or business relationship among officers or directorsYes
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 $36,668,371 across 15 lines filed
Lines not itemized here account for $5,818 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$3,548,296
VIII-1d Related organizations$0
VIII-1e Government grants$5,877,560
VIII-1f All other contributions, gifts and grants$18,643,000
VIII-1g Noncash contributions (included above)$26,769
VIII-1h Total contributions, gifts and grants$28,068,856
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,803,300 · Unrelated business $0 · Excluded from tax $0$6,803,300
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,477,917$1,477,917
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $7,738$7,738
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $17,700$17,700
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $590,403$590,403
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$303,361−$303,361
VIII-12 Total revenueRelated to mission $6,809,118 · Unrelated business $0 · Excluded from tax $1,790,397$36,668,371
Part IX · Statement of functional expenses $26,066,461 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $646,578$646,578
IX-2 Grants to domestic individualsPrograms $1,284,438$1,284,438
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 $701,987 · Management $478,227 · Fundraising $406,229$1,586,443
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $9,613,436 · Management $1,480,678 · Fundraising $513,628$11,607,742
IX-8 Pension plan contributionsPrograms $525,363 · Management $113,414 · Fundraising $31,870$670,647
IX-9 Other employee benefitsPrograms $985,941 · Management $212,842 · Fundraising $59,811$1,258,594
IX-10 Payroll taxesPrograms $728,645 · Management $157,297 · Fundraising $44,202$930,144
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $62,156 · Management $67,317 · Fundraising $14,373$143,846
IX-11c Accounting feesPrograms $0 · Management $55,920 · Fundraising $0$55,920
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $70,000$70,000
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $1,755,038 · Management $692,128 · Fundraising $24,719$2,471,885
IX-12 Advertising and promotionPrograms $35,928 · Management $324,189 · Fundraising $17,689$377,806
IX-13 Office expensesPrograms $190,995 · Management $166,482 · Fundraising $18,305$375,782
IX-14 Information technologyPrograms $245,255 · Management $145,783 · Fundraising $17,695$408,733
IX-15 RoyaltiesPrograms $8,198 · Management $0 · Fundraising $0$8,198
IX-16 OccupancyPrograms $500,439 · Management $204,381 · Fundraising $9,762$714,582
IX-17 TravelPrograms $135,671 · Management $60,354 · Fundraising $291$196,316
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $198,597 · Management $43,850 · Fundraising $133,143$375,590
IX-20 InterestPrograms $1,061,717 · Management $148,147 · Fundraising $24,691$1,234,555
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $798,679 · Management $111,444 · Fundraising $18,574$928,697
IX-23 InsurancePrograms $160,862 · Management $65,696 · Fundraising $3,138$229,696
IX-24 Other expenses (24a–d)Programs $79,017 · Management $2,268 · Fundraising $0$81,285
IX-24e All other expensesPrograms $328,277 · Management $80,707 · Fundraising $0$408,984
IX-25 Total functional expensesPrograms $20,047,217 · Management $4,611,124 · Fundraising $1,408,120$26,066,461
Part X · Balance sheet $99,327,583 assets, 23 lines filed
Asset lines not itemized here account for $50,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $3,140,679$2,869,642
X-2 Savings and temporary cash investmentsStart of year $5,144,822$7,213,038
X-3 Pledges and grants receivableStart of year $5,125,582$9,546,404
X-4 Accounts receivableStart of year $416,815$505,837
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $221,598$443,255
X-10c Land, buildings and equipment, netStart of year $21,181,014$20,360,292
X-11 Publicly traded securitiesStart of year $36,264,839$41,650,454
X-12 Other securitiesStart of year $17,275,059$16,043,570
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $429,374$645,091
X-16 Total assetsStart of year $89,249,782$99,327,583
X-17 Accounts payable and accrued expensesStart of year $1,342,135$1,315,801
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $2,051,310$891,187
X-20 Tax-exempt bond liabilitiesStart of year $25,374,370$24,990,850
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $3,564,599$2,566,956
X-26 Total liabilitiesStart of year $32,332,414$29,764,794
X-27 Net assets without donor restrictionsStart of year $16,168,803$16,884,754
X-28 Net assets with donor restrictionsStart of year $18,659,249$27,988,719
X-32 Total net assets or fund balancesStart of year $56,917,368$69,562,789
X-33 Total liabilities and net assetsStart of year $89,249,782$99,327,583
Part XI · Reconciliation of net assets $69,562,789 net assets at year end
XI-1 Total revenue$36,668,371
XI-2 Total expenses$26,066,461
XI-3 Revenue less expenses$10,601,910
XI-4 Net assets at start of year$56,917,368
XI-5 Net unrealized gains (losses) on investments$1,205,625
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses−$524,254
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$1,362,140
XI-10 Net assets at end of year$69,562,789

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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