Chicago Dramatists

Analysis

Chicago Dramatists is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1981, 45 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Chicago Dramatists reported income of $291k and spending of $300k, spending 103% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $288k to $291k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to July 2021, when income rose by 24%. Over the whole period it spent 103% 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 Dramatists sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Santa Monica Conservancy ($291k), Classical Theatre Company ($291k) and Childrens Museum of Yuma County Inc ($291k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 52% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $33k (11% of expenses). Other salaries and wages came to $90k. At year end it held assets of $57k against liabilities of $36k, net assets of $21k. It reported 11 employees.