Filmscape Chicago Inc

Analysis

Filmscape Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 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 (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, Filmscape Chicago Inc reported income of $63k and spending of $133k, spending 213% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $63k (-15%), an average of -14% a year. Over the whole period it spent 169% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Filmscape Chicago Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Arlington Historical Society Inc ($63k), Ohio Agribusiness Association Educational Trust ($63k) and Alaska World Arts ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 81% of the total. At year end it held assets of $7,282 against liabilities of $200k, net assets of -$192k.