Caxton Club

Chicago, IL · Public charity (501(c)(3))

✓ Tax-deductible
Revenue
$138K
+17% vs prior year
Spent
$171K
To programs
81%
Net assets
$701K
By yearFY2021–FY2025
Revenue
$138K
FY2025▲ +17%
Revenue by fiscal year
FY2021$235K
FY2022$145K
FY2023$248K
FY2024$118K
FY2025$138K
Expenses
$171K
FY2025▲ +21%
Expenses by fiscal year
FY2021$118K
FY2022$139K
FY2023$146K
FY2024$141K
FY2025$171K
Net assets
$701K
FY2025▲ +4%
Net assets by fiscal year
FY2021$545K
FY2022$489K
FY2023$637K
FY2024$675K
FY2025$701K

From the FY2025 Form 990 (year ending June 2025) · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CCaxton Club
EINHdr · item D36-6108161
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 1946
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CChicago, IL
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.caxtonclub.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.17 Fundraising $0.02
Program services81%$138K
Management & general17%$29K
Fundraising2%$3K
Total functional expensesLn 25$171K

Financial health

Is it on solid ground?

Program efficiency
81%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
49.2mo
months of highly liquid reserves at operating expense rate▼ -13% vs prior filing year
Surplus margin
-24%
revenue over expenses, this year▼ -19% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$703K
FY2025▲ +4%
Total assets by fiscal year
FY2021$547K
FY2022$491K
FY2023$640K
FY2024$676K
FY2025$703K
Total liabilities
$2K
FY2025▲ +264%
Total liabilities by fiscal year
FY2021$2K
FY2022$2K
FY2023$3K
FY2024$472
FY2025$2K
Revenue less expensesPt I · Ln 19−$33K
Total assetsPt X · Ln 16$703K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 421

Balance Sheet

Part X · end of year
CashLn 1$9K
Total assetsLn 16$703K
Total liabilitiesLn 26$2K
Total net assetsLn 32$701K
Months of cash on handcomputed0.7

Statement of Revenue

Part VIII
Contributions & grants$104K · 75%
Program service revenue$22K · 16%
Investment income$18K · 13%
Contributions & grants75%$104K
Program service revenue16%$22K
Investment income13%$18K
Total revenueLn 12$138K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $702K · Operating expenses/yr $171K
49.2 months
Where the money goes
Program services
Program services $138K · Total expenses $171K
81%
Management & General
Management & general $29K · Total expenses $171K
17%
Fundraising
Fundraising $3K · Total expenses $171K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $134K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $104K · Total revenue $138K
75%
Government reliance
Government grants $0 · Total revenue $138K
0%
Earned-income share
Program service revenue $22K · Total revenue $138K
16%
Investment reliance
Investment income $18K · Total revenue $138K
+13%
Program self-sufficiency
Program service revenue $22K · Total expenses $171K
13%
Growth & trend
Revenue growth (YoY)
This year $138K · Prior year $118K
+17%
Revenue CAGR
FY2020 $235K · FY2024 $138K
-12%
Net-asset trend (YoY)
End of year $701K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $138K · Expenses $171K
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $703K
—
Net-asset ratio
Net assets $701K · Total assets $703K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $692K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $703K
98%
People & payroll
Highest Reported Total Compensation
Individual Rudy Altergott · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $171K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $171K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 17%——
Fundraising cost ratio 3%——
Revenue growth 17%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 6%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Caxton Club executive salaries →

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Governance & Policies

Part VI
  • 21Voting board membersPt VI · Ln 1a
  • 21Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Promotes and studies the arts and technologies of printed books and related textual objects.

Provided by the organization

This section is blank until Caxton Club claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $138K of program spending, described in the organization's own filed words · FY2024.
01

Caxton Club organized and produced or cosponsored 30 cultural programs focused on the book. These programs were free and open to the public. 10 were live to members and nonmembers with all others virtually recorded, allowing all participants, regardless of location or membership status, the opportunity to enjoy these programs and…

$84Kprogram expense
02

The Club offers members only 6 journals printed and mailed annually. Members also have exclusive use of our website membership portal, which provides digital access to all journals printed since inception of the program in 1993, complete with indexes to enhance searchability by topic and speaker.

$38Kprogram expense
03

The Club supported scholarships, awards, and grants to foster the next generation of book scholars. This support included $8,500 in scholarships given to Rare Book School and the Bibliographic Society of America. Additionally, $5,280 and individual gifts were given to those completing work in the book arts.

$16Kprogram expense

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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 · FY2024
Total grants receivedfrom 3 funders$6K
See all 3 funders →
Grants paid · 8 grants · $39K · 2020–2024
Unitemized GrantFY2024$5,281
Unitemized GrantFY2022$7,908
Unitemized GrantFY2021$6,988
Unitemized GrantFY2020$6,763
Rare Book School- University of VaFY2020$2,500
Bibliographical Society of AmericanFY2020$2,500
The Newberry LibraryIL · FY2020$1,500

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $138K$171K+17% 990 PDF
FY2024 $118K$141K-53% 990 PDF
FY2023 $248K$146K+70% 990 PDF
FY2022 $145K$139K-38% 990 PDF
FY2021 $235K$118K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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