Voice of the City

Analysis

Voice of the City is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2001, 25 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, Voice of the City reported income of $139k and spending of $143k, spending 103% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $234k to $139k (-41%), an average of -23% a year. The sharpest change came in the year to June 2023, when income dropped by 42%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Voice of the City sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Evergreen Legacy Foundation ($139k), Twin Cities Catholic Chorale ($139k) and Enchanted Highway ($139k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $43k against liabilities of $6,708, net assets of $36k.