David Adler Cultural Center

Analysis

David Adler Cultural Center is a registered charity in United States, based in Libertyville, IL. It received its IRS tax-exemption ruling in January 1981, 45 years ago. 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 2024, David Adler Cultural Center reported income of $806k and spending of $658k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $535k to $806k (+51%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, David Adler Cultural Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Villa Asoc Jenaro Cortes ($806k), Church of God 7th Day Street ($806k) and Monarch Villa Inc ($806k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $76k (12% of expenses). Other salaries and wages came to $329k. At year end it held assets of $666k against liabilities of $144k, net assets of $522k. It reported 37 employees.