MISSION
Equity Arts is a neighborhood place-keeping project focused on cultivating and preserving the arts from displacement while offering support structures to advance racial equity with community arts programming.
DEMOGRAPHIC
ADDRESS
1550 N MILWAUKEE AVE
60622
COUNTY
cook county, IL
IN CARE OF NAME
ALMA WIESER
ORGANIZATIONAL OVERVIEW & RANKINGS
EQUITY ARTS is a based in CHICAGO, IL . Established in October 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,201.00, this ranks 758,911 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 32,062 out of 106,037 organizations in IL (Top 31%).
In cook county, IL, the organization ranks 15,003 out of 46,103 nonprofits by assets (Top 33%), while locally in chicago, it stands at 9,765 among 28,197 organizations (Top 35%).
The organization reported annual revenue of $2,000.00, ranking 619,502 nationally (Top 24%) and 24,756 in IL (Top 24%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, EQUITY ARTS ranks 209,389 in assets (Top 27%) and 167,834 in revenue (Top 22%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$2,000.00
FORM 990 REVENUE AMOUNT
$2,000.00
RULING DATE
10/2020
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1,201.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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