Chicago Dancemakers Forum

Analysis

Chicago Dancemakers Forum is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Chicago Dancemakers Forum reported income of $491k and spending of $478k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $491k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 64%. 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, Chicago Dancemakers Forum sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Golden Thread Productions ($491k), Opera Company of Middlebury Inc ($491k) and Mahogany Project ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $80k (17% of expenses). Other salaries and wages came to $119k. At year end it held assets of $651k against liabilities of $15k, net assets of $636k. It reported 3 employees.