Chicago a Cappella

Analysis

Chicago a Cappella is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1994, 32 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 June 2023, Chicago a Cappella reported income of $468k and spending of $579k, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $470k to $468k (-0.2%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 78%. Over the whole period it spent 82% 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 a Cappella sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Borderlight Festival ($468k), Siudy Flamenco Dance Theatre Inc ($468k) and Dallas Express Media ($468k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $257k. At year end it held assets of $666k against liabilities of $66k, net assets of $600k. It reported 24 employees.