Chicago Council on Science Andtechnology

Analysis

Chicago Council on Science Andtechnology is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover science and technology, 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 2023, Chicago Council on Science Andtechnology reported income of $373k and spending of $407k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $269k to $373k (+39%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chicago Council on Science Andtechnology sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Warnors Center for the Performingarts ($372k), Spaa Theatre Performing Arts Center ($373k) and Quincy Art Center ($372k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (22% of expenses). Other salaries and wages came to $149k. At year end it held assets of $69k against liabilities of $20k, net assets of $49k. It reported 6 employees.