Camerata Chicago
Camerata Chicago experiences massive revenue and asset growth in 2023 with zero reported officer compensation.
EIN: 200069383 · Wheaton, IL · NTEE: A68 · Updated: 2026-03-28
About Camerata Chicago
Camerata Chicago (EIN: 200069383) is a nonprofit organization based in Wheaton, IL, classified under NTEE code A68. The organization reported total revenue of $777K and total assets of $853K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camerata Chicago's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Camerata Chicago with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Camerata Chicago allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Camerata Chicago consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer-led executive team or that executive compensation is categorized differently and not reported as 'officer compensation' in these summaries. This suggests a strong commitment to directing funds towards programs rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Camerata Chicago's IRS 990 filings:
- Highly volatile revenue stream prior to 2023, indicating potential reliance on unpredictable funding sources.
- Lack of detailed expense breakdown makes it difficult to precisely assess program efficiency without the full 990.
Strengths
The following positive indicators were identified for Camerata Chicago:
- Exceptional financial growth in 2023, with revenue increasing over 480% and assets over 940% from 2022.
- Consistently reports zero liabilities, indicating strong financial health and no debt.
- 0% reported officer compensation across all filings, suggesting a strong commitment to mission and efficient use of funds.
- Significant asset accumulation in 2023, providing a strong financial foundation for future operations.
- Consistent surplus generation in most years, particularly a large surplus in 2023 ($912,036).
Frequently Asked Questions about Camerata Chicago
What caused the significant increase in revenue and assets in 2023?
The provided data shows a dramatic increase in revenue from $230,572 in 2022 to $1,338,256 in 2023, and assets from $98,821 to $1,030,782. Further investigation into the 2023 IRS 990 filing would be needed to identify the specific sources of this substantial growth, such as major grants, large donations, or successful fundraising campaigns.
How does Camerata Chicago manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for executive functions is reported under other expense categories (e.g., program services, administrative staff) rather than specifically as 'officer compensation'. This is a positive indicator for donor confidence regarding overhead.
What is the breakdown of program expenses versus administrative and fundraising costs?
While specific line-item breakdowns are not provided in this summary, the overall expense figures relative to revenue, especially in 2023 where expenses were $426,220 against $1,338,256 revenue, suggest a lean operation. Given the 0% officer compensation, it's reasonable to infer a high proportion of spending is directed towards programs, estimated at 85% in the spending breakdown.
Filing History
IRS 990 filing history for Camerata Chicago showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camerata Chicago's revenue has grown by 936.6%, moving from $129K to $1.3M. Total assets increased by 3359.6% over the same period, from $30K to $1.0M. Total functional expenses rose by 280.6%, from $112K to $426K. In its most recent filing year (2023), Camerata Chicago reported a surplus of $912K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $426K | $1.0M | $0 | — | — |
| 2022 | $231K | $233K | $99K | $0 | — | View 990 |
| 2021 | $194K | $194K | $133K | $0 | — | View 990 |
| 2020 | $189K | $128K | $167K | $0 | — | View 990 |
| 2019 | $395K | $347K | $75K | $0 | — | View 990 |
| 2018 | $205K | $209K | $24K | $0 | — | View 990 |
| 2017 | $211K | $207K | $27K | $0 | — | View 990 |
| 2016 | $124K | $122K | $23K | $0 | — | View 990 |
| 2015 | $134K | $117K | $21K | $0 | — | View 990 |
| 2014 | $112K | $109K | $35K | $0 | — | View 990 |
| 2013 | $373K | $387K | $31K | $0 | — | View 990 |
| 2012 | $196K | $181K | $45K | $0 | — | View 990 |
| 2011 | $129K | $112K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $426K, and assets of $1.0M (revenue +480.4% year-over-year).
- 2022: Revenue of $231K, expenses of $233K, and assets of $99K (revenue +19.1% year-over-year).
- 2021: Revenue of $194K, expenses of $194K, and assets of $133K (revenue +2.6% year-over-year).
- 2020: Revenue of $189K, expenses of $128K, and assets of $167K (revenue -52.3% year-over-year).
- 2019: Revenue of $395K, expenses of $347K, and assets of $75K (revenue +92.6% year-over-year).
- 2018: Revenue of $205K, expenses of $209K, and assets of $24K (revenue -2.9% year-over-year).
- 2017: Revenue of $211K, expenses of $207K, and assets of $27K (revenue +70.1% year-over-year).
- 2016: Revenue of $124K, expenses of $122K, and assets of $23K (revenue -7.4% year-over-year).
- 2015: Revenue of $134K, expenses of $117K, and assets of $21K (revenue +19.2% year-over-year).
- 2014: Revenue of $112K, expenses of $109K, and assets of $35K (revenue -69.8% year-over-year).
- 2013: Revenue of $373K, expenses of $387K, and assets of $31K (revenue +90.0% year-over-year).
- 2012: Revenue of $196K, expenses of $181K, and assets of $45K (revenue +52.0% year-over-year).
- 2011: Revenue of $129K, expenses of $112K, and assets of $30K.
Data Sources and Methodology
This transparency report for Camerata Chicago is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.