Bucktown Fine Arts

Analysis

Bucktown Fine Arts is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2020, 6 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 December 2023, Bucktown Fine Arts reported income of $123k and spending of $114k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $123k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bucktown Fine Arts sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Russell E Windsor the Research Foundation ($123k), Fountain Hills and Lower Verde River Valley Historical Society ($123k) and Yonkers Hispanic Cultural Foundation Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 45% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.