Illinois Art Education Assn

Analysis

Illinois Art Education Assn is a registered charity in United States, based in Prospect HTS, IL. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Illinois Art Education Assn reported income of $135k and spending of $108k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $135k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illinois Art Education Assn sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Friends of Mandarin Immersion Program ($135k), Cane Bay High School Band Boosters ($135k) and Project Ole ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.