Erikson Institute is located in Chicago, IL. The organization was established in 1966. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 06/2021, Erikson Institute employed 306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Erikson Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Erikson Institute generated $23.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $27.6m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Erikson Institute has awarded 23 individual grants totaling $3,414,804. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ERIKSON INSTITUTE IS THE PREMIER INDEPENDENT INSTITUTION OF HIGHER EDUCATION COMMITTED TO ENSURING THAT ALL CHILDREN HAVE EQUITABLE OPPORTUNITIES TO REACH THEIR POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMICS: THROUGH CONTEMPORARY MASTER'S DEGREE, DOCTORAL DEGREE, AND GRADUATE CERTIFICATE PROGRAMS, ERIKSON INSTITUTE PREPARES LEADERS IN CHILD DEVELOPMENT, SOCIAL WORK, AND EARLY CHILDHOOD EDUCATION. WE OFFER THE MOST COMPREHENSIVE, INTERDISCIPLINARY UNDERSTANDING OF CHILDREN AND FAMILIES THROUGH CLASSES ON CAMPUS AND ONLINE. WE ALSO OFFER PROGRAMS TO HELP PROFESSIONALS WHO WORK WITH CHILDREN AND FAMILIES HONE THEIR SKILLS, LEARN NEW TECHNIQUES, AND EARN CREDITS TO MAINTAIN THEIR PROFESSIONAL LICENSES. IN FALL 2021, OUR ENROLLMENT STOOD STRONG AT 468 STUDENTS, WITH LITTLE ATTRITION RESULTING FROM THE GLOBAL COVID-19 PANDEMIC. NEARLY HALF (45%) OF ERIKSON'S STUDENTS ARE BLACK, INDIGENOUS, AND PEOPLE OF COLOR (BIPOC). AS ERIKSON CONTINUES TO EXTEND ITS REACH THROUGH INCREASED ONLINE PROGRAMMING, OVER A QUARTER OF OUR STUDENTS (26%) ARE FROM OUT OF STATE. UPON GRADUATING, ERIKSON'S DIVERSE GROUP OF OVER 3,200 ALUMNI GO ON TO WORK ACROSS CHICAGO, THE NATION, AND INTERNATIONALLY IN A RANGE OF PROFESSIONS WHERE THEIR UNIQUE UNDERSTANDING OF CHILD DEVELOPMENT SERVES CHILDREN AND FAMILIES BOTH DIRECTLY AND INDIRECTLY IN EDUCATION, SERVICE, AND LEADERSHIP ROLES.
DIRECT SERVICES: ERIKSON PROVIDES SERVICES DIRECTLY TO CHILDREN AND FAMILIES, AS WELL AS CONSULTING AND TRAINING FOR THE PROFESSIONALS WHO SERVE THEM. IN 2021, A TOTAL OF 319 FAMILIES WERE SUPPORTED BY THE EARLY CHILDHOOD MENTAL HEALTH AND DIAGNOSTIC SERVICES PROVIDED BY OUR CENTER FOR CHILDREN AND FAMILIES. OVER 4,300 SERVICE HOURS WERE PROVIDED TO THESE FAMILIES SITEWIDE (IN CHICAGO'S RIVER NORTH, LITTLE VILLAGE, HUMBOLDT PARK, AND AUSTIN NEIGHBORHOODS)-1,031 OF WHICH WERE OFFERED PRO-BONO. NOTABLY, THE CENTER FOR CHILDREN AND FAMILIES HAS REMAINED A CONSTANT SOURCE OF MENTAL HEALTH SUPPORT FOR THE YOUNGEST CHILDREN IN COMMUNITIES THROUGHOUT CHICAGO DURING THE PUBLIC HEALTH CRISIS. TO PROVIDE A CONTINUUM OF CARE DURING THE PANDEMIC, THE CENTER FOR CHILDREN AND FAMILIES ADOPTED A HIPAA COMPLIANT VIDEO CONFERENCING PLATFORM, WHICH CONTINUES TO BE A PRIMARY MEANS OF SERVING FAMILIES SITEWIDE AS PUBLIC HEALTH CONDITIONS REMAIN UNSTABLE. FURTHERMORE, OUR EARLY CHILDHOOD PROJECT WITH THE ILLINOIS DEPARTMENT OF CHILDREN AND FAMILY SERVICES SERVES OVER 4,400 FAMILIES ANNUALLY ACROSS ILLINOIS. THROUGH THIS PROJECT, ERIKSON DEVELOPMENTAL SPECIALISTS SERVE CHILDREN IN THE CHILD-WELFARE SYSTEM DUE TO ABUSE OR NEGLECT AND HELP THE STATE IN CRUCIAL DECISION-MAKING THAT AFFECT THE LIVES OF CHILDREN AND FAMILIES.
RESEARCH, POLICY & LEADERSHIP: ERIKSON CONDUCTS RESEARCH THAT BRIDGES THEORY AND PRACTICE, GENERATING NEW KNOWLEDGE THAT INVIGORATES OUR ACADEMIC COURSES, SERVICES, AND PROGRAMS, AND IMPROVES LIFE FOR CHILDREN AND FAMILIES IN CHICAGO AND THROUGHOUT THE NATION. RESEARCH AREAS INCLUDE EARLY CHILDHOOD MATH, SOCIAL EMOTIONAL LEARNING, LITERACY, HOME BASED CHILDCARE, HOME VISITING PROGRAMS, AND TECHNOLOGY AND MEDIA FOR CHILDREN AND FAMILIES. USING EVIDENCED-BASED RESEARCH, ERIKSON'S EARLY CHILDHOOD LEADERSHIP ACADEMY (ECLA) PROVIDES EARLY CHILDHOOD AND CIVIC LEADERS WITH CONTENT KNOWLEDGE TO MAKE THE MOST INFORMED DECISIONS ABOUT POLICY SETTING AND RESOURCE ALLOCATION. PARTICIPANTS HAVE INCLUDED SOME OF THE STATE'S LEADING POLICYMAKERS AND COMMUNITY STAKEHOLDERS, SUCH AS ILLINOIS LT. GOVERNOR JULIANA STRATTON. ERIKSON'S POLICY AND LEADERSHIP DEPARTMENT RELEASED THE SECOND EDITION OF THE RISK AND REACH REPORT IN JULY 2021, WHICH FEATURES DATA THAT PROVIDE A COMPREHENSIVE, COUNTY-BY-COUNTY ANALYSIS OF RISK FACTORS THAT UNDERMINE OPTIMAL CHILD DEVELOPMENT FOR THE 916,880 CHILDREN AGED 5 AND UNDER IN ILLINOIS (7.32% OF THE STATE'S POPULATION) AND COMPARES THEM TO THE REACH OF PUBLICLY FUNDED PROGRAMS AND SERVICES THAT SUPPORT EARLY CHILDHOOD WELL-BEING. THE REPORT IS A POWERFUL TOOL FOR ELECTED OFFICIALS AND COMMUNITY LEADERS TO BUILD A DEEPER UNDERSTANDING OF THE CIRCUMSTANCES IN THEIR COMMUNITIES AND DEVELOP ACTION PLANS TO BETTER ALLOCATE RESOURCES, IMPROVE POLICIES, AND DEVELOP STRONGER SYSTEMS SO YOUNG CHILDREN CAN REACH THEIR FULLEST POTENTIAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
111ord Llc Building Management | 6/29/21 | $459,712 |
Cdw Government It Contractor | 6/29/21 | $247,969 |
Prescient Solutions It Services | 6/29/21 | $367,500 |
Sri International Project Research | 6/29/21 | $234,477 |
Husch Blackwell Legal Services | 6/29/21 | $169,638 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,038,095 |
Investment income | $655,885 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $17,109 |
Net Rental Income | $40,000 |
Net Gain/Loss on Asset Sales | $480,491 |
Net Income from Fundraising Events | -$124,367 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $23,706,409 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $2,622,840 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,489,902 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,368,570 |
Pension plan accruals and contributions | $682,027 |
Other employee benefits | $1,386,648 |
Payroll taxes | $986,027 |
Fees for services: Management | $0 |
Fees for services: Legal | $297,475 |
Fees for services: Accounting | $58,823 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $72,523 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,630,709 |
Advertising and promotion | $254,940 |
Office expenses | $444,463 |
Information technology | $530,916 |
Royalties | $5,489 |
Occupancy | $789,779 |
Travel | $295,957 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $437,899 |
Interest | $1,347,359 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $938,519 |
Insurance | $187,038 |
All other expenses | $0 |
Total functional expenses | $27,562,425 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,305,227 |
Savings and temporary cash investments | $2,112,639 |
Pledges and grants receivable | $5,508,501 |
Accounts receivable, net | $402,501 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $321,333 |
Investments—publicly traded securities | $28,942,333 |
Investments—other securities | $14,465,620 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $904,863 |
Total assets | $79,908,682 |
Accounts payable and accrued expenses | $1,515,460 |
Grants payable | $0 |
Deferred revenue | $224,409 |
Tax-exempt bond liabilities | $25,035,417 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $12,078,216 |
Total liabilities | $38,853,502 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $41,055,180 |
Over the last fiscal year, Erikson Institute has awarded $588,952 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Menlo Park, CA PURPOSE: Early math research | $259,887 |
Menlo Park, CA PURPOSE: Early math research | $259,887 |
CHAPIN HALL PURPOSE: Mindfulness and other Replenishment Practices to Improve Young Children's Stress Levels, Self-Regulation and Productive Engagement in School | $23,250 |
CHAPIN HALL PURPOSE: Mindfulness and other Replenishment Practices to Improve Young Children's Stress Levels, Self-Regulation and Productive Engagement in School | $23,250 |
OUNCE OF PREVENTION FUND PURPOSE: Early math research | $11,339 |
OUNCE OF PREVENTION FUND PURPOSE: Early math research | $11,339 |
Over the last fiscal year, we have identified 1 grants that Erikson Institute has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Star Family Foundation Aspen, CO PURPOSE: GENERAL PURPOSE | $100,000 |
Beg. Balance | $41,375,277 |
Earnings | $14,794,108 |
Net Contributions | $2,500,000 |
Other Expense | $2,075,598 |
Ending Balance | $56,593,787 |
Organization Name | Assets | Revenue |
---|---|---|
Erikson Institute Chicago, IL | $79,908,682 | $23,706,409 |
Alternative Schools Network Chicago, IL | $3,716,420 | $15,119,021 |
The Launchcode Foundation Saint Louis, MO | $16,718,030 | $16,796,933 |
Indiana-Kentucky-Ohio Reg Cncil Of Crpntrs Jt Apprntc & Training Fund Warsaw, IN | $28,193,626 | $13,811,625 |
Carpenters Joint Training Fund Of St Louis St Louis, MO | $23,316,031 | $11,452,308 |
Milwaukee Area Technical College Foundation Inc Milwaukee, WI | $33,356,211 | $18,292,742 |
Discovery World Ltd Milwaukee, WI | $54,832,813 | $7,226,516 |
Chicago Area Painting & Decorating Joint Apprenticeship & Train Comm Berkeley, IL | $22,598,762 | $6,295,488 |
Sheet Metal Workers Local 20 Apprenticeship & Training Tr Indianapolis, IN | $6,462,738 | $3,929,061 |
Skilled Kc Technical Institute Inc Kansas City, MO | $2,788,911 | $5,090,533 |
Turkish American Society Inc Mount Prospect, IL | $9,952,466 | $3,661,400 |
Gordon Parks Elementary School Kansas City, MO | $2,020,109 | $3,711,683 |