Chicago Video Project

Analysis

Chicago Video Project is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in July 1991, 35 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 (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, Chicago Video Project reported income of $204k and spending of $450k, spending 221% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $254k to $204k (-20%), an average of -10% a year. The sharpest change came in the year to June 2024, when income dropped by 44%. Over the whole period it spent 119% 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 Video Project sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Leap of Faith Arts Ministries ($204k), Instruments 4 Africa ($204k) and Institute for Mediterranean Studies ($204k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,911 against liabilities of $189k, net assets of -$179k.