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Illinois · Nonprofit

Instituto Cervantes of Chicago Inc

Instituto Cervantes of Chicago Inc (Illinois) receives grants from 3 organizations whose IRS filings report $70,167 to it, the largest being NCRC COMMUNITY DEVELOPMENT FUND INC ($40,000). 1 of them have funded it in more than one year.

Revenue FY2025
$2.5M
Funders on record
3
Grants received
$70k
Net assets
$403k
1/3 repeat funderspeak grant-dependency 2%
01What it does

What Instituto Cervantes of Chicago Inc does

Mission

Founded by the Government of Spain to promote Spanish language teaching and knowledge of the cultures of Spanish speaking countries throughout the world with a mission to promote, study and use of Spanish as a second language. The Organization promotes performing arts, music, literature, and cinema from the spanish-speaking world through performances, lectures and symosiums, often in partnership with other cultural and educational organizations throughout Chicago.

As stated on its FY2025 Form 990.

Program

  1. The Organization offers specialized and general Spanish language courses as well as examinations for the official diplomas in Spanish as a foreign language (D.E.L.E.) and the Spanish Business Certificate. Instituto Cervantes applies the latest methods for teaching Spanish and supports the work of researchers and Hispanics. The Organization provides the general public with an extensive library containing Spanish and Latin-American books, periodicals, film, and music as well as up to date technology. The Organization also offers cultural activities including art exhibits of local and world-renowned Spanish and Hispanic artists; coordinates the month-long Chicago Flamenco Festival; sponsors book presentations and symposiums by Spanish and Latin-American authors as well as U.S. Hispanic authors; collaborates with the various film festivals that take place in Chicago; coordinates concerts of music from Spain and Latin America; hosts on stage some of the most avant-garde works from Spain and Latin America; sponsors lectures, seminars, and conferences on various contemporary topics such as architecture, cinema, and poetry.

    $1,887,402 spent$907,998 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,887,402.

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 ($2.5M) Expenses 100 ($2.4M) Net assets -672 ($-101607)2018 Revenue 92 ($2.3M) Expenses 100 ($2.4M) Net assets -1320 ($-199527)2019 Revenue 102 ($2.6M) Expenses 108 ($2.6M) Net assets -1564 ($-236421)2020 Revenue 95 ($2.4M) Expenses 89 ($2.1M) Net assets 100 ($15k)2021 Revenue 98 ($2.5M) Expenses 85 ($2.1M) Net assets 2980 ($451k)2022 Revenue 89 ($2.2M) Expenses 99 ($2.4M) Net assets 2014 ($305k)2023 Revenue 90 ($2.3M) Expenses 104 ($2.5M) Net assets 462 ($70k)2024 Revenue 113 ($2.9M) Expenses 102 ($2.5M) Net assets 3072 ($464k)2025 Revenue 97 ($2.5M) Expenses 104 ($2.5M) Net assets 2666 ($403k)
'17'18'19'20'21'22'23'24'25
Revenue (97)Expenses (104)Net assets (2666)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 2021 to 2022, from $742k to $5.5M (+648%).

$1.5M
$1.1M
$868k
$726k
$742k
$5.5M
$4.8M
$4.4M
$4.0M
'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: 2020 6% · 2021 5%. Grants only. Government contracts and fees sit inside program revenue.

63% of Instituto Cervantes of Chicago Inc’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$108k
’17
−$98k
’18
−$37k
’19
$252k
’20
$435k
’21
−$146k
’22
−$235k
’23
$395k
’24
−$61k
’25
2.7
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

Luis Garcia Montero

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed564333455
Joined·+3+1+0+0+0+1+1+1
No longer listed·23100001
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 2 funders, grant income rose $30k → $40k.

Funder
'20
'21
'22
'23
total
funders
2
1
1
2

2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% 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 Instituto Cervantes of Chicago Inc’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

Instituto Cervantes of Chicago Inc leans on a few funders — its largest provides 57% 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

100% 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 Instituto Cervantes of Chicago Inc.

57%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 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

Instituto Cervantes of Chicago Inc draws 100% of its grant income from funders outside Illinois, across 1 state in all.

DC

Funder states come from each funder’s own filing. $30k arriving through sponsors registered in 2 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

Instituto Cervantes of Chicago Inc's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−2% · below the median
Months of reserve2.7mo · below the median
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding Instituto Cervantes of Chicago Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $65k on record.

Federal$65k
grants $65kcontracts $0
19
21
22
23
Top agencies
  • National Endowment for the Arts$65k

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 Instituto Cervantes of Chicago Inc

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

75% of spending goes to programs.

Program 75%Management 25%Fundraising 0%

Governance

3
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 1 related entity

  • Instituto Cervantes Spain · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Instituto Cervantes of Chicago Inc: 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 Instituto Cervantes of Chicago Inc?
Instituto Cervantes of Chicago Inc (Illinois) receives grants from 3 organizations whose IRS filings report $70,167 to it, the largest being NCRC COMMUNITY DEVELOPMENT FUND INC ($40,000). 1 of them have funded it in more than one year.
How many funders does Instituto Cervantes of Chicago Inc have?
IRS filings report 3 organizations giving $70,167 in grants to Instituto Cervantes of Chicago Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Instituto Cervantes of Chicago Inc?
NCRC COMMUNITY DEVELOPMENT FUND INC is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
How can an organization like Instituto Cervantes of Chicago Inc 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.

Play a game about who funds Instituto Cervantes of Chicago →

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 3 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