American Opera Society of Chicago - National -

Analysis

American Opera Society of Chicago - National - is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1969, 57 years ago. 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 April 2024, American Opera Society of Chicago - National - reported income of $76k and spending of $63k, spending 82% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $85k to $76k (-10%), an average of -10% a year. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Opera Society of Chicago - National - sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include GFWC Womans Club of Panama City Fla Inc ($76k), Habitat for Humanity International Inc ($76k) and Warrior Music Foundation Inc ($76k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.