Chiarts Foundation

Education organization based in Chicago, IL. 18 employees. Exempt under §501(c)(3).

MissionSUPPORT AND PROMOTION OF ARTS EDUCATION PROGRAMS AT CHICAGO HIGH SCHOOL FOR THE ARTS. THE ORGANIZATION MAY ALSO SUPPORT OTHER EDUCATIONAL ACTIVITIES IN FURTHERANCE OF THE ARTS.

EIN
85-1586666
State
IL
Sector
Education
Budget band
$2.5M–$5M
Latest filing
TY 2023
Records
2 officers · 3 years

Financial snapshot · TY 2023

$3.0M
Total revenue
$4.1M
Total expenses
$2.0M
Net assets

Financial health · TY 2023

26
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-0.2 months of expenses
Program efficiency
66
76.2% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Jose Ochoa
FORMER EXECUTIVE DIRECTOR
$190,426
78th percentile vs. peers
John Merrifield
Executive Dir.
$117,558
78th percentile vs. peers

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Chiarts Foundation Executive Compensation | 990 Data | DoubleNine