Chicago Maritime Arts Center

Analysis

Chicago Maritime Arts Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2026. Its declared purposes cover education, which this site groups under education and training. 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 2021, Chicago Maritime Arts Center reported income of $117k and spending of $87k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $64k to $117k (+82%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Maritime Arts Center sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Haitis Childrens Hope Organization ($117k), Friends of Temple City Schools Performing Arts Inc ($117k) and Pell City Rotary Club Foundation ($117k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 92% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $24k (28% of expenses). Other salaries and wages came to $9,845. At year end it held assets of $79k against liabilities of $0, net assets of $79k.