An illumination apparatus includes multiple liquid crystal panels, a polarization-state adjusting element, and a cross dichroic prism. A green component light includes a central-wavelength component light, a short-wavelength component light, and a long-wavelength component light. The polarization-state adjusting element separately adjusts a polarization state of the central-wavelength component light and each of polarization states of the long-wavelength component light and the short-wavelength component light.