Charity Search / ARTS OF LIFE
Arts, Culture & Humanities (A250) IRS Verified DX Registered 990 on File

ARTS OF LIFE

EIN: 36-4284473 · CHICAGO, IL 60612-1602 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
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Mission Statement

We are people with and without disabilities creating an artistic culture to realize our full potential. The Arts of Life, Inc. is committed to providing high quality, innovative services for adults with developmental disabilities. The studio focuses on its artists’ needs and strives to exceed expectations. The Arts of Life will continue to be characterized by both dedication to its artists and excellence in the field of developmental disabilities.

Financial Overview — FY 2024
$2.2M
Total Revenue
$2.4M
Total Expenses
$660K
Net Assets
32
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 72.0%
Fundraising Efficiency 775.0%
Operating Reserve 3.30x
Liability-to-Asset 33.5%
Revenue Diversification 51.6%
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.2M $2.4M $660K 72.0% 32
2023 $1.7M $1.7M $823K 77.5% 30
2022 $1.7M $1.4M $809K 75.1% 22
2021 $1.2M $970K N/A 20
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Organization Details
EIN
36-4284473
State
IL
City
CHICAGO
ZIP
60612-1602
Classification
A250
Category
Arts, Culture & Humanities
Rating
50★
Last Updated
Aug 2026
IRS Ruling Year
1999
Foundation Code
15
Form 990
On File
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