Aerial Dance Chicago

Analysis

Aerial Dance Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2004, 22 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, Aerial Dance Chicago reported income of $259k and spending of $241k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $266k to $259k (-2.6%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aerial Dance Chicago sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Intercourse Library Inc ($259k), Spencertown Academy Society ($259k) and Latin Community Services Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $55k (23% of expenses). Other salaries and wages came to $89k. At year end it held assets of $319k against liabilities of $0, net assets of $319k. It reported 15 employees.