Guarneri Hall NFP

Analysis

Guarneri Hall NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2018, 8 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 May 2024, Guarneri Hall NFP reported income of $331k and spending of $301k, spending 91% of its income. Across the 4 years on record, from May 2019 to May 2024, income grew from $200k to $331k (+65%), an average of +18% a year. The sharpest change came in the year to May 2022, when income rose by 233%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Guarneri Hall NFP sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Dana Adobe Nipomo Amigos Inc ($331k), Kansas City Estate Planning Symposium ($331k) and Prologue Theatre ($331k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 66% and program service revenue 14% of the total. At year end it held assets of $636k against liabilities of $167k, net assets of $469k.