Overview

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Est.

1980

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Chicago Academy for the Arts is a nonprofit organization dedicated to arts education, focusing on transforming emerging artists through a curriculum that fosters intellectual curiosity, critical thinking, and creativity. With an operating budget of $5 million and total revenue of $6 million for the 2024 filing year, the Academy collaborates with diverse communities to impart essential skills for leadership and collaboration. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a broad base of support for its mission. For more information, visit their website at www.chicagoacademyforthearts.org.

Mission Statement

THE CHICAGO ACADEMY FOR THE ARTS TRANSFORMS EMERGING ARTISTS THROUGH A CURRICULUM AND CULTURE WHICH CONNECT INTELLECTUAL CURIOSITY, CRITICAL THINKING, AND CREATIVITY TO IMPART THE SKILLS TO LEAD AND COLLABORATE ACROSS DIVERSE COMMUNITIES.
Revenues
$6M
Expenses
$6.8M
Net Income:
-$876.7K
Assets
$3.7M
Liabilities
$2.8M
Net Assets:
+$901.3K
Operating Budget
$5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
14
Median grant size
$10K
Largest grant received
$285K
J
Judith Rothschild
Board Member
B
Barbara Atkins Ruhman
Board Member
P
Paul Detlefs
Board Member

Frequently Asked Questions

What is THE CHICAGO ACADEMY FOR THE ARTS’s budget?
In 2024, THE CHICAGO ACADEMY FOR THE ARTS reported an annual operating budget of around $5 million. More detailed financial information is available to registered users.
What causes does THE CHICAGO ACADEMY FOR THE ARTS support?
THE CHICAGO ACADEMY FOR THE ARTS supports work in Arts education.
Where does THE CHICAGO ACADEMY FOR THE ARTS operate?
THE CHICAGO ACADEMY FOR THE ARTS is headquartered in Chicago, IL.
Who funded THE CHICAGO ACADEMY FOR THE ARTS recently?
In 2025, THE CHICAGO ACADEMY FOR THE ARTS received grants from THE KIPPER FAMILY FOUNDATION, CHARITIES AID FOUNDATION AMERICA, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE CHICAGO ACADEMY FOR THE ARTS received in 2024?
The largest grant to THE CHICAGO ACADEMY FOR THE ARTS in 2024 exceeds $285 thousand.
What is THE CHICAGO ACADEMY FOR THE ARTS’s reliance on government grants?
THE CHICAGO ACADEMY FOR THE ARTS relied on government grants for more than 5% of their total revenue in 2024.