Chicago Chorale

Analysis

Chicago Chorale is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2003, 23 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, Chicago Chorale reported income of $173k and spending of $209k, spending 121% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $192k to $173k (-10%), an average of -10% a year. Over the whole period it spent 105% 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 Chorale sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Philemon Foundation ($173k), Theatreworks New Milford ($173k) and East End Theatre and Performing Arts ($173k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.