18th Street Casa de Cultura NFP

Analysis

18th Street Casa de Cultura NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2022, 4 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, 18th Street Casa de Cultura NFP reported income of $177k and spending of $123k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $177k (+174%), an average of +174% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 18th Street Casa de Cultura NFP sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include American Chemical Society ($177k), Opera Theatre of the Rockies ($177k) and Live Music Fostering Community ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 24% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.