Center for Native Futures

Analysis

Center for Native Futures is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2021, 5 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, Center for Native Futures reported income of $577k and spending of $236k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $577k (+347%), an average of +347% a year. The sharpest change came in the year to December 2023, when income rose by 347%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Native Futures sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include National Society of the Daughters of the American Revolution ($577k), Africatown Redevelopment Corporation ($577k) and Cedarburg Cultural Center Inc ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $60k (25% of expenses). Other salaries and wages came to $32k. At year end it held assets of $515k against liabilities of $1,878, net assets of $513k. It reported 2 employees.