Able - Artists Breaking Limits & Expectations is a 501(c)(3) organization based in Chicago, Illinois, registered in 2016, with $410,549 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$411K
▲ 30.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$285K
Net assets
$390K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Able - Artists Breaking Limits & Expectations— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Able - Artists Breaking Limits & Expectations: 16 mo reserves · +31% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Able - Artists Breaking Limits & Expectations— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Able - Artists Breaking Limits & Expectations: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $95K (FY2019) to $411K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
30.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$412K
Total liabilities
$22K
Net assets
$390K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $410,549▲30.0% | $285,303▲2.5% | $389,826▲47.3% | $412,056▲51.0% | 990 |
| 2023 | $315,868▼4.6% | $278,252▲2.3% | $264,580▲16.6% | $272,972▲14.5% | 990 |
| 2022 | $331,219▲60.3% | $272,046▲34.1% | $226,964▲35.3% | $238,338▲31.9% | 990 |
| 2021 | $206,569▼10.0% | $202,905▲78.4% | $167,791▲2.2% | $180,699▲6.2% | 990 |
| 2020 | $229,405▲142% | $113,767▲68.7% | $164,127▲238% | $170,168▲208% | 990 |
| 2019 | $94,919 | $67,440 | $48,519 | $55,202 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
14 grants to Able - Artists Breaking Limits & Expectations totaling $194K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $25,000 |
| American Online Giving Foundation Inc | General support | 2024 | $6,982 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $25,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $10,000 |
| The Chicago Community Trust | In support of a midsummer night's dream | 2022 | $15,000 |
| The Chicago Community Trust | To support the project proposed for the 2022 innovation 80 grant | 2021 | $20,000 |
| The Chicago Community Trust | To support the project proposed for the 2022 innovation 80 grant | 2021 | $20,000 |
| The Chicago Community Trust | To support supporting artist initiative | 2020 | $30,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $7,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $7,500 |
| The Chicago Community Trust | General operating support | 2019 | $8,000 |
| Paypal Charitable Giving Fund | General support | 2019 | $6,825 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2019 | $5,200 |
| Paypal Charitable Giving Fund | General support | 2018 | $7,377 |
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Data for Able - Artists Breaking Limits & Expectations (EIN 81-2667531) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.