Chicago Cabaret Professionals

Analysis

Chicago Cabaret Professionals is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2002, 24 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, Chicago Cabaret Professionals reported income of $67k and spending of $51k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $56k to $67k (+19%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 84% 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 Cabaret Professionals sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Norton Theater Association Inc ($67k), React Theatre ($67k) and Transparent Watercolor Society of America ($67k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.