Annie B Jones Civic Arts Center

Analysis

Annie B Jones Civic Arts Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2023, 3 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 2023, Annie B Jones Civic Arts Center reported income of $706k and spending of $696k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $84k to $706k (+737%), an average of +103% a year. The sharpest change came in the year to June 2023, when income rose by 323%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Annie B Jones Civic Arts Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Hatch Inc ($706k), Ernest a Finney Jr Cultural Arts CE Nter ($706k) and Historic Tennessee Theatre Endowment Fund ($706k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $144k. At year end it held assets of $155k against liabilities of $373k, net assets of -$219k.