Congo Square Theatre Company

Analysis

Congo Square Theatre Company is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2000, 26 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, Congo Square Theatre Company reported income of $641k and spending of $1.1m, spending 167% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $460k to $641k (+39%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 152%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Congo Square Theatre Company sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Aram Soba Raanana Inc ($641k), Bath & Tennis Historic Building Preservation Foundation Inc ($641k) and Mosaic America ($640k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $115k (11% of expenses). Other salaries and wages came to $133k. At year end it held assets of $879k against liabilities of $35k, net assets of $844k. It reported 26 employees.