Chicago Childrens Theatre

Analysis

Chicago Childrens Theatre is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2005, 21 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 August 2023, Chicago Childrens Theatre reported income of $1.9m and spending of $2.2m, spending 120% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.8m to $1.9m (+1.4%), an average of +0.3% a year. The sharpest change came in the year to August 2021, when income rose by 20%. Over the whole period it spent 99% 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 Childrens Theatre sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Lancaster Festival Inc ($1.9m), American West Heritage Foundation ($1.9m) and Missouri Sports Hall of Fame ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $173k (7.8% of expenses). Other salaries and wages came to $807k. At year end it held assets of $9.5m against liabilities of $356k, net assets of $9.2m. It reported 158 employees.