Chora Nova

Analysis

Chora Nova is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in October 2006, 20 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 June 2024, Chora Nova reported income of $71k and spending of $88k, spending 124% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $107k to $71k (-34%), an average of -34% a year. The sharpest change came in the year to June 2024, when income dropped by 34%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chora Nova sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Sparrows Point North Point Historical Society Inc ($71k), Friends of Wellesley Veterans Inc ($71k) and Lindsborg Swedish Folk Dancers Inc ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 24% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.