North Shore Art League

Analysis

North Shore Art League is a registered charity in United States, based in Winnetka, IL. It received its IRS tax-exemption ruling in February 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, North Shore Art League reported income of $434k and spending of $370k, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $331k to $434k (+31%), an average of +7.0% a year. The sharpest change came in the year to August 2023, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Shore Art League sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Richard D McDonough Caddie Scholarship Foundation ($434k), Herbert V Prochnow Educational Foundation Inc ($434k) and National Church Residences of ($434k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 53% of the total. Other salaries and wages came to $111k. At year end it held assets of $341k against liabilities of $3,910, net assets of $337k.