Chopin Theatre Productions NFP

Analysis

Chopin Theatre Productions NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2019, 7 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, Chopin Theatre Productions NFP reported income of $280k and spending of $276k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $329k to $280k (-15%), an average of -7.8% a year. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chopin Theatre Productions NFP sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Watercolor Art Society-Houston ($280k), Korean American Association and Community Center of Houston ($280k) and Ecological Building Network ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $35k (13% of expenses). At year end it held assets of $434k against liabilities of $186k, net assets of $248k. It reported 2 employees.