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Illinois · Nonprofit

HYDE PARK ART CENTER

HYDE PARK ART CENTER (Illinois) receives grants from 86 organizations whose IRS filings report $13,967,860 to it, the largest being The Chicago Community Trust ($2,609,750). 52 of them have funded it in more than one year.

Revenue FY2025
$3.3M
Funders on record
86
Grants received
$14M
Net assets
$11M
52/86 repeat funderspeak grant-dependency 98%
01What it does

What Hyde Park Art Center does

Mission

The purpose of the Hyde Park Art Center (the art center) is to stimulate and sustain the visual arts in chicago. It does so by challenging and supporting artists, connecting artists to a broader public, and creating a community of people who are interested in the visual arts. The art center's flagship programs provide opportunities for anyone to see, make, learn about, and discuss art.

As stated on its FY2025 Form 990.

Programs

  1. Oakman clinton school & studios: the art center's open-access community-based school - the only art school of such breadth on chicago's south side provides high-quality training in the visual arts by professional working artists with 2,000 enrollments annually. The school and studios are comprised of a ceramic studio, printmaking studio, digital media lab, darkroom and several mixed media studios. In spring 2022, the art center launched open arts, a core curriculum of contribute-what-you-can courses. Open arts includes all professional development courses and two-thirds of other courses with offerings for every age, skill level, and media - the first art school in the country to run on this model.pathways k-8: partnering with a core group of schools on chicago's south side, the art center delivers visual-arts education to nearly 1,000 elementary students in 39 classrooms. Pathways teaching artists collaborate with classroom teachers to develop curricula that enable students in schools with limited resources to grow and express themselves creatively. Pathways residencies are structured as a 30-week model that is customized for schools' calendars, plans, and needs. Teaching artists…

    $1,303,196 spent$388,011 earned by the program
    49% of program spending
  2. Contemporary art exhibitions: presenting approximately 12 exhibitions annually, the art center provides emerging and groundbreaking artists with exhibition opportunities that allow them to take on ambitious and transformational new projects and garner greater recognition both locally and nationally. Our exhibitions help artists through the entire process of making bold work that enriches their careers and spur public discourse on important subjects. The art center has played an integral role in launching both the careers of individual artists and artist movements.

    $653,125 spent$50,509 earned by the program
    25% of program spending
  3. Jackman goldwasser residency: the artist residency program brings artists from around the world to live and work in chicago alongside local resident artists. The program encourages creative exchange and catalyzes global networks for chicago's artists and cultural institutions, while positioning chicago at the forefront of artistic innovation and cultural leadership.

    $295,634 spent$48,617 earned by the program
    11% of program spending
  4. Free community events: the art center provides opportunities to explore artmaking in a fun and friendly environment through a variety of events that demystify contemporary art. The public gets to know and support the artists in their community. Through events like artist discussions and open-studio days, visitors have a chance to meet artists and be inquisitive about their creative process.

    $219,492 spentof which $104,000 as grants$2,038 earned by the program
    8% of program spending
  5. Teen programs: the art center provides a creative space and community for approximately 200 teens with seven afterschool and summer programs. Through a combination of teen-driven independent and artist-led group projects, teens develop their own art practices alongside leadership skills in a supportive environment. Our teen programs do more than teach art. We provide an encouraging environment for young artists to engage in self-expression and foster means for positive life choices.

    $192,638 spent$120,548 earned by the program
    7% of program spending

The 5 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,664,085.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.0M) Expenses 100 ($2.2M) Net assets 100 ($6.2M)2018 Revenue 113 ($2.3M) Expenses 111 ($2.5M) Net assets 95 ($5.9M)2019 Revenue 124 ($2.5M) Expenses 120 ($2.7M) Net assets 95 ($5.9M)2020 Revenue 221 ($4.5M) Expenses 105 ($2.3M) Net assets 130 ($8.1M)2021 Revenue 382 ($7.7M) Expenses 145 ($3.2M) Net assets 204 ($13M)2022 Revenue 123 ($2.5M) Expenses 147 ($3.3M) Net assets 182 ($11M)2023 Revenue 184 ($3.7M) Expenses 179 ($4.0M) Net assets 185 ($11M)2024 Revenue 144 ($2.9M) Expenses 178 ($4.0M) Net assets 174 ($11M)2025 Revenue 164 ($3.3M) Expenses 170 ($3.8M) Net assets 176 ($11M)
'17'18'19'20'21'22'23'24'25
Revenue (164)Expenses (170)Net assets (176)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $8.2M to $13M (+60%).

$6.3M
$6.1M
$6.1M
$8.2M
$13M
$12M
$12M
$11M
$11M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 4% · 2018 2% · 2019 2% · 2020 11% · 2021 5% · 2022 6% · 2023 14% · 2024 8% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

69% of HYDE PARK ART CENTER’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

−$202k
’17
−$188k
’18
−$159k
’19
$2.1M
’20
$4.5M
’21
−$800k
’22
−$259k
’23
−$1.1M
’24
−$456k
’25
3.6
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

Cynthia Heusing

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed302928272830313131
Joined·+3+2+1+3+4+2+2+5
No longer listed·43222125
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 18 funders to 40 funders, grant income rose $400k → $2.0M.

11 of 86 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HYDE PARK ART CENTER’s funders (the co-funder graph). Top 30 of 86 funders by total. 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

HYDE PARK ART CENTER has a broad base — no single funder exceeds 19% of grant income, and it takes 7 funders to reach half.

the vertical line marks half of all grant income — 7 funders to its left

30% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HYDE PARK ART CENTER.

19%
largest funder
33%
top three
~16
effective funders

Largest funder’s share by year: 2017 20% · 2018 16% · 2019 19% · 2020 12% · 2021 40% · 2022 23% · 2023 10% — diversifying over time.

“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.

How long its funders stay

54% of HYDE PARK ART CENTER's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

84% of HYDE PARK ART CENTER's grant income comes from Illinois funders.

IL
WI
MI
NY
OH
PA
RI
CA
UT
DE
NM
NC
DC
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $3.8M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

Against its field

HYDE PARK ART CENTER's funding base is broadening — from 18 funders to 40 as grant income climbed.

Operating margin−14% · bottom quartile
Months of reserve3.6mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Government funding HYDE PARK ART CENTER receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $210k on record.

Federal$210k
grants $210kcontracts $0
17
20
21
22
23
24
Top agencies
  • National Endowment for the Arts$210k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like HYDE PARK ART CENTER

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

71% of spending goes to programs.

Program 71%Management 12%Fundraising 17%

Governance

23
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 2 states

IL
CA

Screen this organization

A dated, signed PDF of the compliance screen for HYDE PARK ART CENTER: 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 HYDE PARK ART CENTER?
HYDE PARK ART CENTER (Illinois) receives grants from 86 organizations whose IRS filings report $13,967,860 to it, the largest being The Chicago Community Trust ($2,609,750). 52 of them have funded it in more than one year.
How many funders does HYDE PARK ART CENTER have?
IRS filings report 86 organizations giving $13,967,860 in grants to HYDE PARK ART CENTER, 52 of which have funded it in more than one year.
Who is the largest funder of HYDE PARK ART CENTER?
The Chicago Community Trust is the largest funder on record, with $2,609,750 in grants. The full list of funders is on this page.
How can an organization like HYDE PARK ART CENTER 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 2017–2025), and the filings of 86 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 22, 2026. What this page cannot tell you · view filing