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Illinois · Nonprofit

ASSOCIATED COLLEGES OF THE MIDWEST

ASSOCIATED COLLEGES OF THE MIDWEST (Illinois) receives grants from 2 organizations whose IRS filings report $7,527,508 to it, the largest being THE ANDREW W MELLON FOUNDATION ($7,230,000). 1 of them have funded it in more than one year.

Revenue FY2025
$2.8M
Funders on record
2
Grants received
$7.5M
Net assets
$18M
1/2 repeat funderspeak grant-dependency 45%
01What it does

What Associated Colleges of the Midwest does

Mission

The Associated Colleges of the Midwest (acm), a consortium of residential liberal arts colleges, enriches residential liberal arts education and strengthens members through collaboration. Through our strategic initiatives and programs, we encourage excellence in teaching and learning, promote equity and inclusion and celebrate individual and collective diversity, strengthen the connection between inquiry and practice, amplify the expertise of faculty, students, and staff, and cultivate an open environment for innovation and exchange.

As stated on its FY2025 Form 990.

Programs

  1. Acm operates consortial programs for the benefit on the member colleges.

    $15,101 spent$597,776 earned by the program
    1% of program spending
  2. Acm operates faculty development programs promoting excellence in teaching and learning.

    $1,186,204 spentof which $663,308 as grants
    99% of program spending
  3. Acm operated domestic off-campus study programs. Acm no longer runs off-campus study programs. These expenses relate to closing the final program.

    $415 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,201,720.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($1.7M) Expenses 100 ($2.5M) Net assets 100 ($17M)2022 Revenue 198 ($3.3M) Expenses 77 ($1.9M) Net assets 91 ($16M)2023 Revenue 101 ($1.7M) Expenses 86 ($2.2M) Net assets 93 ($16M)2024 Revenue 100 ($1.7M) Expenses 109 ($2.8M) Net assets 96 ($17M)2025 Revenue 166 ($2.8M) Expenses 92 ($2.3M) Net assets 104 ($18M)
20212022202320242025
Revenue (166)Expenses (92)Net assets (104)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $18M to $16M (−11%).

$18M
$16M
$17M
$17M
$18M
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 12%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$882k
’21
$1.3M
’22
−$513k
’23
−$1.1M
’24
$427k
’25
3.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Suzanne Rivera

Chair

As listed on its FY2025 Form 990.

20212022202320242025
Listed1920171720
Joined·+6+2+2+5
No longer listed·5522
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $2.5M → $750k.

Funder
'17
'18
'19
'22
'23
'24*
total
funders
1
1
1
1
1
1

From the IRS filings of ASSOCIATED COLLEGES OF THE MIDWEST’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ASSOCIATED COLLEGES OF THE MIDWEST leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

ASSOCIATED COLLEGES OF THE MIDWEST draws 100% of its grant income from funders outside Illinois, across 2 states in all.

NY
FL

In-state vs out-of-state, by year

’17
’18
’19
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like ASSOCIATED COLLEGES OF THE MIDWEST

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

52% of spending goes to programs.

Program 52%Management 48%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for ASSOCIATED COLLEGES OF THE MIDWEST: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ASSOCIATED COLLEGES OF THE MIDWEST?
ASSOCIATED COLLEGES OF THE MIDWEST (Illinois) receives grants from 2 organizations whose IRS filings report $7,527,508 to it, the largest being THE ANDREW W MELLON FOUNDATION ($7,230,000). 1 of them have funded it in more than one year.
How many funders does ASSOCIATED COLLEGES OF THE MIDWEST have?
IRS filings report 2 organizations giving $7,527,508 in grants to ASSOCIATED COLLEGES OF THE MIDWEST, 1 of which have funded it in more than one year.
Who is the largest funder of ASSOCIATED COLLEGES OF THE MIDWEST?
THE ANDREW W MELLON FOUNDATION is the largest funder on record, with $7,230,000 in grants. The full list of funders is on this page.
How can an organization like ASSOCIATED COLLEGES OF THE MIDWEST find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing