Illinois · Nonprofit
MORRISON INSTITUTE OF TECHNOLOGY
MORRISON INSTITUTE OF TECHNOLOGY (Illinois) receives grants from 5 organizations whose IRS filings report $79,000 to it, the largest being TIMKEN FOUNDATION OF CANTON ($70,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $2.8M
- Funders on record
- 5
- Grants received
- $79k
- Net assets
- $2.8M
What Morrison Institute of Technology does
Mission
To provide an education and related services to all enrolled students.
As stated on its FY2025 Form 990.
Programs
Provide college level academic programs with corresponding student services and activities.
$1,649,072 spentof which $295,998 as grants$1,217,812 earned by the program95% of program spendingProvide student housing to all on-campus students.
$91,238 spent$176,495 earned by the program5% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,740,310.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $3.1M to $3.9M (+26%).
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.
Government-grant reliance: 2017 12% · 2018 14% · 2019 18% · 2020 14% · 2021 40% · 2022 34% · 2023 14% · 2024 29% · 2025 40%. Grants only. Government contracts and fees sit inside program revenue.
48% of MORRISON INSTITUTE OF TECHNOLOGY’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
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
Mike Gunderson
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $31k → $6k.
From the IRS filings of MORRISON INSTITUTE OF TECHNOLOGY’s funders (the co-funder graph). Top 4 of 5 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
MORRISON INSTITUTE OF TECHNOLOGY leans on a few funders — its largest provides 89% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 98% · 2019 100% · 2020 96% · 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
MORRISON INSTITUTE OF TECHNOLOGY draws 99% of its grant income from funders outside Illinois, across 3 states in all.
In-state vs out-of-state, by year
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.
Against its field
MORRISON INSTITUTE OF TECHNOLOGY runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Government funding MORRISON INSTITUTE OF TECHNOLOGY receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.9M on record.
- Department of Housing and Urban Development$1.5M
- Department of Education$1.3M
- Department of Agriculture$99k
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 MORRISON INSTITUTE OF TECHNOLOGY
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for MORRISON INSTITUTE OF TECHNOLOGY: 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.
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 MORRISON INSTITUTE OF TECHNOLOGY?
- MORRISON INSTITUTE OF TECHNOLOGY (Illinois) receives grants from 5 organizations whose IRS filings report $79,000 to it, the largest being TIMKEN FOUNDATION OF CANTON ($70,000). 3 of them have funded it in more than one year.
- How many funders does MORRISON INSTITUTE OF TECHNOLOGY have?
- IRS filings report 5 organizations giving $79,000 in grants to MORRISON INSTITUTE OF TECHNOLOGY, 3 of which have funded it in more than one year.
- Who is the largest funder of MORRISON INSTITUTE OF TECHNOLOGY?
- TIMKEN FOUNDATION OF CANTON is the largest funder on record, with $70,000 in grants. The full list of funders is on this page.
- How can an organization like MORRISON INSTITUTE OF TECHNOLOGY 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 Morrison Institute of Technology →
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 5 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