Eighth Blackbird Performing Arts Association

Analysis

Eighth Blackbird Performing Arts Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2003, 23 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, Eighth Blackbird Performing Arts Association reported income of $607k and spending of $593k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $335k to $607k (+81%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eighth Blackbird Performing Arts Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Vision Into Arts Presents Inc ($607k), Jefferson County Historical Society ($607k) and Grand County Blues Society ($607k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $126k (21% of expenses). Other salaries and wages came to $32k. At year end it held assets of $423k against liabilities of $22k, net assets of $401k. It reported 4 employees.