Apollo Chorus of Chicago

Analysis

Apollo Chorus of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1945, 81 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 August 2023, Apollo Chorus of Chicago reported income of $235k and spending of $212k, spending 90% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $232k to $235k (+1.4%), an average of +0.5% a year. The sharpest change came in the year to August 2022, when income rose by 124%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Apollo Chorus of Chicago sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Oye Palaver Hut Inc ($235k), Friends of Southfield Public Arts ($235k) and Portland Taiko ($235k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 36% of the total. At year end it held assets of $1.1m against liabilities of $653, net assets of $1.1m.