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Nonprofit · EIN 87-3066900

HUMAN BENEFIT INSTITUTE

Tax-exempt · WICHITA, KS 67201

Financials

$16.2M$2.7M2023$22.3M$4.3M2024
Revenue Expenses · by fiscal year end
Financials of HUMAN BENEFIT INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$22,251,692$4,257,219$17,994,473$76,609,700$103,139$76,506,561
December 31, 2023990$16,241,492$2,729,404$13,512,088$58,512,088$0$58,512,088
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$20,000,000
Program service revenue
$0
Investment income
$2,278,649
Net rental income
-$26,957
Net gain from sales of assets
$303,670
Other revenue
-$26,957

Expenses

Grants and similar amounts paid
$3,245,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$34,128
Accounting fees
$3,150
Occupancy
$149,552
Travel
$18,085
Depreciation
$47,275
Program services (functional)
$3,245,000
Management and general (functional)
$1,012,219

Balance sheet and other

Total assets, start of year
$58,512,088
Total assets, end of year
$76,609,700
Total liabilities, end of year
$103,139
Net assets, end of year
$76,506,561
Land, buildings and equipment
$20,818,242
Net assets without donor restrictions
$76,506,561
Gross receipts
$22,438,097
Employees
0
Volunteers
8
Year formed
2021
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
C CHASE KOCHDIRECTOR/PRESIDENT/SECRETARY
Trustee or director, Officer
1$0
BRANDON BAKERASSISTANT TREASURER
Officer
1$0
DOUGLAS L JOHNSVICE-PRESIDENT
Officer
20$0
ELAINE KOHLER RESIGNEDTREASURER
Officer
0$0
Jessica StaffordTreasurer
Officer
1$0
KELLY A KENNEYSecretary
Officer
20$0
Raffaele G FazioVice-President
Officer
10$0
Sierra WhitmoreVice-President
Officer
1$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
C CHASE KOCHDIRECTOR/PRESIDENT/SECRETARY
Trustee or director, Officer
0.2$0
ELAINE KOHLERTREASURER
Officer
0.2$0

Address and contacts

Address (IRS master file)
PO BOX 5004, WICHITA, KS 67201-5004
Mailing address (990-N for 2021)
4111 E 37th St N, Wichita KS 67220
Principal officer (990 for 2024)
C CHASE KOCH, PO BOX 20585, WICHITA, KS 67208
Principal officer (990-N for 2021)
Brian Menkes, 4111 E 37th St N, Wichita KS 67220
Signed the 990
BRANDON BAKER, TREASURER
Phone
(316) 828-1680
Return prepared by
Forvis Mazars LLP

Mission

GRANTMAKING AND PROMOTION OF ARTS

990 for the year ended December 31, 2024

Program accomplishments

  • GRANTMAKING AND PROMOTION OF ARTS
    Expenses $3,245,000 · grants $3,245,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-3066900
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$76,609,700
Income (IRS master file)
$22,438,097

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$22,251,692$4,257,219$76,609,700XML
990December 2023$16,241,492$2,729,404$58,512,088XML
990December 2022$45,000,000$0$45,000,000IRS
990-N for 2021
Officer: Brian Menkes
December 31, 2021≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3066900).

Questions about HUMAN BENEFIT INSTITUTE

What is the EIN of HUMAN BENEFIT INSTITUTE?
The employer identification number (EIN) of HUMAN BENEFIT INSTITUTE is 87-3066900.
Is HUMAN BENEFIT INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2023.
Are donations to HUMAN BENEFIT INSTITUTE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HUMAN BENEFIT INSTITUTE file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HUMAN BENEFIT INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HUMAN BENEFIT INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HUMAN BENEFIT INSTITUTE?
The 990 for the year ended December 31, 2024 names C CHASE KOCH.
Who are the officers and directors of HUMAN BENEFIT INSTITUTE?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does HUMAN BENEFIT INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $22,251,692, expenses of $4,257,219 and total assets of $76,609,700 at year end.

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