The Latin School of Chicago
The Latin School of Chicago reported $61.1 million in revenue and $61.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.86 went to program services, $14.97 to management and general costs and $2.17 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.7% of the total. The highest compensation it reported for one person was $741,098 (HEAD OF SCHOOL). 78 people received more than $100,000 in reportable compensation. Revenue rose 24% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $62MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $61MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.29 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 88.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $741,098 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.20% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 78 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 35 of 35 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseInstruction and student support activities-founded in 1888, the Latin School of Chicago is an independent coeducational day school for grades junior kindergarten-12. The students: a diverse community of 1,190 students in junior kindergarten-12 from chicago and the surrounding suburbs.the faculty: caring, experienced professionals, over 86% of whom have earned a master's degree or higher. The student faculty ratio is 8:1.academics: latin offers a rigorous college preparatory curriculum that encourages independence, creativity and (continued on schedule o) curiosity with an emphasis on…
Summer and student support services: these programs include summer at latin and the extended day program. Summer at latin provides a high quality educational and recreational opportunity for children of all ages. The summer staff is committed to offering a safe, nurturing community that aligns with the values of the school where pursuit of knowledge complements individual growth. The extended day program supports latin families by offering a safe fun program before and after the school day for students enrolled in junior kindergarten through 4th grade. The program provides a balance of…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD OF SCHOOL Officer, 50.00 hrs/week | $688,963 | $0 | $52,135 | $741,098 |
| CFO - THRU 02/2025 Officer, 50.00 hrs/week | $313,341 | $0 | $132,646 | $445,987 |
| ASSISTANT HEAD OF SCHOOL Highest compensated employee, 50.00 hrs/week | $276,369 | $0 | $123,504 | $399,873 |
| CHIEF DEVELOPMENT OFFICER Highest compensated employee, 50.00 hrs/week | $257,386 | $0 | $32,241 | $289,627 |
| LS DIRECTOR Highest compensated employee, 50.00 hrs/week | $188,406 | $0 | $60,321 | $248,727 |
| FORMER ASSISTANT HEAD OF SCHOOL Former, 50.00 hrs/week | $241,257 | $0 | $0 | $241,257 |
| HR DIRECTOR Highest compensated employee, 50.00 hrs/week | $213,202 | $0 | $14,391 | $227,593 |
| DIRECTOR ACADEMIC INITIATIVES Highest compensated employee, 50.00 hrs/week | $185,996 | $0 | $27,502 | $213,498 |
78 people received more than $100,000 in reportable compensation from The Latin School of Chicago (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b35 · 35 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5577
- Volunteers Part I, line 6250
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| HANDCUT FOODS Food service | $2,682,513 |
| HUSCH BLACKWELL Legal | $837,315 |
| HEARTLAND BUSINESS SYSTEMS Security contractor | $603,918 |
| IDEAL CHARTER Bus services | $359,834 |
Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.
Private foundation grants it received
30 private foundations reported grants to The Latin School of Chicago totaling $683K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Latin School of Chicago's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Latin School of Chicago, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Latin School of Chicago spent in FY2025, $82.86 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Cal Poly Humboldt Sponsored Programs FoundationArcata, CA · revenue $61M · programs 93.1% · FY2025
- Cardinal McCloskey School and Home for ChildrenValhalla, NY · revenue $61M · programs 85.8% · FY2025
- Anderson UniversityAnderson, IN · revenue $61M · programs 86.5% · FY2025
- Granite Edvance CorporationConcord, NH · revenue $61M · programs 94.2% · FY2025
- Greenwich AcademyGreenwich, CT · revenue $61M · programs 79.7% · FY2025
Questions people ask
How much of The Latin School of Chicago's spending goes to programs?
In the fiscal year ending June 30, 2025, The Latin School of Chicago reported that 82.9% of its $61.7 million in expenses went to program services, 15.0% to management and general and 2.2% to fundraising (Form 990, Part IX).
How much does The Latin School of Chicago pay its top executive?
The largest total compensation The Latin School of Chicago reported for one person in the fiscal year ending June 30, 2025 was $741,098, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Latin School of Chicago get its money?
Of $61.1 million in revenue in the fiscal year ending June 30, 2025, 7.5% came from contributions and grants and 88.7% from program service revenue (Form 990, Part VIII).
Is The Latin School of Chicago a registered charity?
The IRS lists EIN 36-2258525 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611109349300236 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541289349302359 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401299349303900 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321249349300142 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241159349301324 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121059349300317 · read the filing
All filings for EIN 36-2258525: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.