Make-Believe Association

Analysis

Make-Believe Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 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 (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, Make-Believe Association reported income of $76k and spending of $13k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $76k (+403%), an average of +403% a year. The sharpest change came in the year to December 2023, when income rose by 403%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Make-Believe Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Young Voices of Austin ($76k), American Institute of Graphic Arts ($76k) and Palmetto Opera ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $14, net assets of $98k.