South Chicago Dance Theatre

Analysis

South Chicago Dance Theatre is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2017, 9 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 June 2023, South Chicago Dance Theatre reported income of $611k and spending of $541k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $363k to $611k (+68%), an average of +68% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Chicago Dance Theatre sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Waterfall Arts ($611k), Ninth Street Media Consortium Inc ($612k) and House of Ukraine ($611k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.