Kindred Civic Arts Forum

Analysis

Kindred Civic Arts Forum is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 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 June 2023, Kindred Civic Arts Forum reported income of $290k and spending of $386k, spending 133% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $408k to $290k (-29%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kindred Civic Arts Forum sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Hamilton Hill Drop-In Arts & Crafts Center ($290k), Margaret Jenkins Dance Studio Inc ($290k) and Afro Brazil Arts Inc ($290k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 20% of the total. Other salaries and wages came to $83k. At year end it held assets of $313k against liabilities of $0, net assets of $313k.