Chicago Film Society

Analysis

Chicago Film Society is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2012, 14 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, Chicago Film Society reported income of $206k and spending of $160k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $206k (+124%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 88% 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 Film Society sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Rolla Band Boosters Inc ($206k), Park Theater Civic Centre Inc ($206k) and Project Snap Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $148k against liabilities of $6,740, net assets of $141k.