DEMOGRAPHIC
ADDRESS
111 S MICHIGAN AVE
60603
COUNTY
cook county, IL
IN CARE OF NAME
THE ART INSTITUTE OF CHICAGO
ORGANIZATIONAL OVERVIEW & RANKINGS
SOCIETY FOR CONTEMPORARY ART is a based in CHICAGO, IL, focused on Arts, Culture and Humanities causes . Established in March 1941, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,135,380.00, this ranks 201,760 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 8,877 out of 106,037 organizations in IL (Top 9%).
In cook county, IL, the organization ranks 4,841 out of 46,103 nonprofits by assets (Top 11%), while locally in chicago, it stands at 3,491 among 28,197 organizations (Top 13%).
The organization reported annual revenue of $532,326.00, ranking 176,931 nationally (Top 7%) and 7,085 in IL (Top 7%).
Within its specific NTEE classification (A00C - A: Arts, Culture and Humanities), which includes 4 similar organizations, SOCIETY FOR CONTEMPORARY ART ranks 2 in assets (Top 2%) and 2 in revenue (Top 2%).
The organization files a 990 (all other) or 990EZ return and operates on a June fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other cultural or historical activities
NTEE COMMON CODE
A: Arts, Culture and Humanities
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
TAX PERIOD
07/2023
ACCOUNTING PERIOD
07
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$683,305.00
FORM 990 REVENUE AMOUNT
$532,326.00
RULING DATE
03/1941
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,135,380.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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