Erikson Institute

EIN: 362593545 501(c)(3) Education

Chicago, IL

Total Revenue
$33,422,139
Total Expenses
$30,674,126
Total Assets
$104,733,600
Net Assets
$76,547,763
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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
IL
Phone
3127552250
Tax Period
2024-07-01 to 2025-06-30

Erikson Institute, founded in 1966, is a mid-sized nonprofit in the Education sector that reported $33.4M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $30.7M left a modest 8% surplus.

Mission

Erikson is a leading institution of higher education that prepares professionals to address the urgent challenges facing young children, their families and communities. Our innovative programs, transformative research and impactful advocacy empower early childhood professionals to drive lasting change. Erikson strives to build a future where every child thrives.

Program Service Accomplishments

Program 1
Expenses: $12,024,335 Revenue: $4,808,369

ACADEMICS: Through master's degree, doctoral degrees, graduate certificate programs, and a variety of professional development programs, Erikson Institute prepares leaders in child development...

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ACADEMICS: Through master's degree, doctoral degrees, graduate certificate programs, and a variety of professional development 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 FY 2023, Erikson continued to invest in the growth and refinement of our academic offerings. We launched a Master of Science in Early Childhood Education degree that comes with a triple endorsement in early education, special education, and bilingual/ English as a Second Language-a program that is the first of its kind in the state of Illinois. Further, we were able to offer 19 Educator Impact Grants which covered the full tuition and fees of the program as long as awardees agreed to teach for four years following completion of the degree. We also hired Erikson's first ever Dean of Faculty, as well as an Associate Vice President of Internal Affairs and institutional accountability. All told, Erikson had 364 total enrolled students in FY 2023, and faculty published 26 articles, wrote nine book chapters, and facilitated 81 presentations.

Program 2
Expenses: $7,301,222 Revenue: $1,575,221

DIRECT CLINICAL SERVICES: Erikson provides a variety of direct services to children and families, as well as consulting and training for professionals who work with them. Our Fussy Baby Network...

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DIRECT CLINICAL SERVICES: Erikson provides a variety of direct services to children and families, as well as consulting and training for professionals who work with them. Our Fussy Baby Network, Center for Children and Families (CCF), and Early Childhood Project, a partnership with the Illinois Department of Children and Family Services, have served over 7,000 families. Every year, our students contribute over 49,000 hours of field service across 68 agencies that serve children and their families. The team at Erikson's Center for Children and Families consists of psychologists, social workers, developmental and behavioral pediatricians, occupational therapists, speech and language pathologists, and other licensed mental health professionals who provide pediatric mental health services for children aged 0-8, as well as their families and caregivers. In fiscal year 2023, the Erikson DCFS Early Childhood Project served 5,993 children directly through collaborative work, reaching children across the state of Illinois. Erikson also offers programs to help professionals who work with children and families improve their skills, learn new techniques, and earn credits to maintain their professional licenses.

Program 3
Expenses: $2,607,561 Revenue: $18,714

RESEARCH, POLICY & LEADERSHIP: Erikson Institute leads the field in early childhood research, uncovering opportunities for us to drive positive change for children, families, and communities...

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RESEARCH, POLICY & LEADERSHIP: Erikson Institute leads the field in early childhood research, uncovering opportunities for us to drive positive change for children, families, and communities. Erikson's current research projects respond directly to the needs of young children and the people who serve them by focusing on what works and models that can be replicated. Our groundbreaking research includes several studies that are the first of their kind in the field on topics including home visiting, Infants and Toddlers, and home-based childcare. Erikson's Policy and Leadership Department works to advance our systems by making them more effective, efficient and accessible to young children and their families by providing key leaders with the knowledge and tools to generate policy solutions that improve access to high-quality early childhood supports and services. The Policy & Leadership team supported Erikson President, Mariana Souto-Manning, in her presentation to the Illinois Senate's Early Childhood Education Committee, which highlighted that 90 percent of the brain is developed by age five and how every $1 invested in quality early childhood programs yields a $7 return. In 2023, the Early Childhood Leadership Academy (ECLA) enrolled 18 Illinois leaders from various sectors in a learning experience that blended expert presentations and activities to build their knowledge of child development and why the first five years are critical. The Policy and Leadership team's workshop series saw 255 participants from a wide variety of social service organizations across the United States.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,440,313
Program Service Revenue $6,383,590
Investment Income $1,747,475
Other Revenue $-149,239
TOTAL REVENUE $33,422,139

Expense Breakdown

Grants Paid $2,752,022
Salaries & Benefits $18,647,342
Fundraising Expenses $1,268,087
Program Expenses $21,933,118
Other Expenses $9,221,775
TOTAL EXPENSES $30,674,126

Year-over-Year Comparison

2024 2023 Change
Revenue $33,422,139 $22,748,864 +0.5%
Expenses $30,674,126 $30,537,287 +0.0%
Net Income $2,748,013 $-7,788,423 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
28
Independent Members
28
Employees
258
Volunteers
199

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$892,333
Total Directors
31
$3,028
Key Employees
3
$898,845
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Adelstein Board Chair 3.0
Officer Director
$0 $0 $0
Lewis S Ingall Treasurer 3.0
Officer Director
$0 $0 $0
Susan Stone Vice-Chair 3.0
Officer Director
$0 $0 $0
A Kyle Mack Trustee 1.0
Director
$0 $0 $0
Barbara T Bowman Trustee 5.0
Director
$3,028 $0 $3,028
Cari B Sacks Trustee 1.0
Director
$0 $0 $0
Carol D Lee Trustee 1.0
Director
$0 $0 $0
Catherine M Adduci Trustee 1.0
Director
$0 $0 $0
Charles R Middleton Trustee 1.0
Director
$0 $0 $0
Deana Spencer Trustee 1.0
Director
$0 $0 $0
Diane Goldstick Meagher Trustee 1.0
Director
$0 $0 $0
Dianne Wasieleski Trustee 1.0
Director
$0 $0 $0
Elenne Song Trustee 1.0
Director
$0 $0 $0
Eve M Tyree Trustee 1.0
Director
$0 $0 $0
Frank Gettridge Trustee 1.0
Director
$0 $0 $0
Ikram Goldman Trustee 1.0
Director
$0 $0 $0
Jenni Sorenson Trustee 1.0
Director
$0 $0 $0
Jose Cerda III Trustee 1.0
Director
$0 $0 $0
Joy Segal Trustee 1.0
Director
$0 $0 $0
Judy McCaskey Trustee 1.0
Director
$0 $0 $0
Kate Neisser Trustee 1.0
Director
$0 $0 $0
Kathy Richland Pick Trustee 1.0
Director
$0 $0 $0
Lori Laser Trustee 1.0
Director
$0 $0 $0
Marjorie Poulos Trustee 1.0
Director
$0 $0 $0
Mitchell J Lederer Trustee 1.0
Director
$0 $0 $0
Nicole Robinson Trustee 1.0
Director
$0 $0 $0
Peggy Lim Trustee 1.0
Director
$0 $0 $0
Richard A Chesley Trustee 1.0
Director
$0 $0 $0
Sabrina Gracias Trustee 1.0
Director
$0 $0 $0
Sandra Perez Sterling Trustee 1.0
Director
$0 $0 $0
Sara Crown Star Trustee 1.0
Director
$0 $0 $0
Maria DiLorenzo General Counsel and Board Secretary 40.0
Officer
$130,427 $44,389 $174,816
Mariana Souto-Manning President 40.0
Officer
$644,731 $72,786 $717,517
Maura Daly Chief External Affairs Officer 40.0
Key Emp
$279,351 $39,930 $319,281
Pamela Epley VP of Academic Affairs 40.0
Key Emp
$215,005 $58,277 $273,282
Patricia Lawson VP of Finance & Operations/Chief Financial Officer 40.0
Key Emp
$234,432 $71,850 $306,282
Ayanna Brown VP for Strategic Growth & Partnerships 40.0
Highest
$143,490 $62,380 $205,870
Jie-Qi Chen Director of the Early Learning and Teaching Academy 40.0
Highest
$194,770 $94,650 $289,420
Linda Gilkerson Professor 40.0
Highest
$151,395 $62,237 $213,632
Maxine McKinney de Royston Dean of Faculty 40.0
Highest
$158,648 $49,254 $207,902
Patricia Offer Director of Development 40.0
Highest
$147,001 $432 $147,433
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $33,422,139 $30,674,126 $104,733,600 $2,748,013
2024 $22,748,864 $30,537,287 $95,624,133 $-7,788,423
2023 $36,668,371 $26,066,461 $99,327,583 $10,601,910
2022 $29,402,363 $25,484,310 $89,249,782 $3,918,053
2021 $33,099,799 $26,169,760 $94,916,051 $6,930,039
2020 $23,706,409 $27,562,425 $79,908,682 $-3,856,016
2019 $26,247,769 $26,229,084 $81,810,430 $18,685
2018 $23,601,337 $25,767,893 $87,157,060 $-2,166,556
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