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Illinois · Nonprofit

DOWNSTAGE ARTS CORP

DOWNSTAGE ARTS CORP (Illinois) receives grants from 2 organizations whose IRS filings report $47,096 to it, the largest being The Chicago Community Trust ($47,000). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$43k
Funders on record
2
Grants received
$47k
Net assets
$-812
2/2 repeat funderspeak grant-dependency 55%
01What it does

What Downstage Arts Corp does

Mission

Facilitate as bridge to provide arts

As stated on its FY2025 Form 990-EZ.

Program

  1. Conducted Classes

    $0 spent

The program described on its FY2024 Form 990-EZ. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($2k) Expenses 100 ($200) Net assets 100 ($2k)2021 Revenue 944 ($16k) Expenses 6099 ($12k) Net assets 359 ($5k)2022 Revenue 1204 ($21k) Expenses 10848 ($22k) Net assets 282 ($4k)2023 Revenue 1551 ($26k) Expenses 16384 ($33k) Net assets -136 ($-2048)2024 Revenue 3215 ($55k) Expenses 24646 ($49k) Net assets 233 ($4k)2025 Revenue 2506 ($43k) Expenses 23539 ($47k) Net assets -54 ($-812)
202020212022202320242025
Revenue (2506)Expenses (23539)Net assets (-54)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $4k to $0 (−100%).

$2k
$5k
$4k
$0
$4k
$5k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

63% of DOWNSTAGE ARTS CORP’s revenue is contributions — about as donation-reliant as the typical peer (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

$2k
’20
$4k
’21
−$1k
’22
−$6k
’23
$6k
’24
−$4k
’25

Leadership and staff

Chief executive

Lindsay Cummings

Executive director

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 2 funders, grant income rose $6k → $15k.

Funder
'22
'23
'24*
'25*
total
funders
2
2
1
1

2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of DOWNSTAGE ARTS CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

DOWNSTAGE ARTS CORP leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DOWNSTAGE ARTS CORP.

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2022 99% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of DOWNSTAGE ARTS CORP's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $47k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

DOWNSTAGE ARTS CORP has grown faster than three-quarters of the 10,242 arts & culture nonprofits its size.

Operating margin−10% · below the median
Revenue growth (annualized)90% · top quartile

this organization peer median middle 50% of peers· 10,242 arts & culture nonprofits under $100k, FY2025

Organizations like DOWNSTAGE ARTS CORP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for DOWNSTAGE ARTS CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds DOWNSTAGE ARTS CORP?
DOWNSTAGE ARTS CORP (Illinois) receives grants from 2 organizations whose IRS filings report $47,096 to it, the largest being The Chicago Community Trust ($47,000). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does DOWNSTAGE ARTS CORP have?
IRS filings report 2 organizations giving $47,096 in grants to DOWNSTAGE ARTS CORP, 2 of which have funded it in more than one year.
Who is the largest funder of DOWNSTAGE ARTS CORP?
The Chicago Community Trust is the largest funder on record, with $47,000 in grants. The full list of funders is on this page.
How can an organization like DOWNSTAGE ARTS CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Downstage Arts →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing