THE INSECT ASYLUM Inc

EIN: 830581661 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$246,169
Total Expenses
$208,468
Total Assets
$65,314
Net Assets
$43,440
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
IL
Principal Officer
NINA SALEM
Phone
3129617219
Tax Period
2023-02-01 to 2024-01-31

THE INSECT ASYLUM Inc, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $246K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $38K, a strong 15% operating margin.

Mission

The Insect Asylum fosters appreciation in animals and the natural world through a unique, immersive, and inclusive educational experience.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,904
Program Service Revenue $146,532
Investment Income $0
Other Revenue $87,733
TOTAL REVENUE $246,169

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,930
Fundraising Expenses $0
Program Expenses $42,857
Other Expenses $195,538
TOTAL EXPENSES $208,468

Year-over-Year Comparison

2023 2022 Change
Revenue $246,169 $138,238 +0.8%
Expenses $208,468 $147,147 +0.4%
Net Income $37,701 $-8,909 -5.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
4
Employees
N/A
Volunteers
5

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
1
$12,930
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NINA SALEM EXECUTIVE DIRECTOR 40.00
Officer
$0 $12,930 $12,930
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
2024 $246,169 $208,468 $65,314 $37,701
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE INSECT ASYLUM Inc with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.