Chicago Festival of Israeli Cinema NFP

Analysis

Chicago Festival of Israeli Cinema NFP is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in August 2014, 12 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 Festival of Israeli Cinema NFP reported income of $133k and spending of $144k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $133k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 115% 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 Festival of Israeli Cinema NFP sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Magfest Inc ($133k), Uplook Ministries Inc ($133k) and Masquerade Theatre Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.