Lithuanian Cultural School of Chicago

Analysis

Lithuanian Cultural School of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Lithuanian Cultural School of Chicago reported income of $151k and spending of $135k, spending 90% of its income. Across the 2 years on record, from July 2022 to July 2024, income grew from $145k to $151k (+4.1%), an average of +4.1% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lithuanian Cultural School of Chicago sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Childrens Art Carnival ($151k), Nye Family of America Association Inc ($151k) and Music Box Foundation ($151k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 49% and program service revenue 48% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.