Chicago Blues Revival

Analysis

Chicago Blues Revival is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chicago Blues Revival reported income of $186k and spending of $146k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $186k (+129%), an average of +129% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chicago Blues Revival sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Kulture Kids ($186k), Sleeping Bear Forever ($186k) and Evanston Made Art ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 11% of the total. At year end it held assets of $94k against liabilities of $29k, net assets of $65k.