Chicago Film Critics Association

Analysis

Chicago Film Critics Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1993, 33 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 August 2023, Chicago Film Critics Association reported income of $51k and spending of $58k, spending 114% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $66k to $51k (-22%), an average of -22% a year. The sharpest change came in the year to August 2023, when income dropped by 22%. 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 Film Critics Association sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Kittatinny Band Boosters ($51k), Owatonna Arts Center Foundation ($51k) and We Do It Together ($51k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.