American Blues Theater

Analysis

American Blues Theater is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2009, 17 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 2024, American Blues Theater reported income of $3.9m and spending of $1.1m, leaving 71% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $889k to $3.9m (+334%), an average of +44% a year. The sharpest change came in the year to June 2022, when income rose by 142%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Blues Theater sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Clare Boothe Luce Center for Conservative Women ($3.9m), Big Car Media Inc ($3.9m) and Scintillon Institute ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $90k (8.0% of expenses). Other salaries and wages came to $231k. At year end it held assets of $12.0m against liabilities of $556k, net assets of $11.4m. It reported 5 employees.