Urban Theater Chicago NFP

Analysis

Urban Theater Chicago NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Urban Theater Chicago NFP reported income of $332k and spending of $192k, leaving 42% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $154k to $332k (+116%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urban Theater Chicago NFP sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Piatigorsky Foundation ($332k), Uwpiaa ($332k) and Make Studio Art Program Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $113k. At year end it held assets of $389k against liabilities of $150, net assets of $389k.