Dream Chicago
Public records show a registered, tax-exempt organization in good standing.
What it says it does
DREAM CHICAGO OFFERS JOYFUL ART-MAKING EXPERIENCES AND LEARNING OPPORTUNITIES THAT INSPIRE HOPE, COURAGE, CREATIVITY AND COMMUNITY, PARTICULARLY AMONG CHICAGO'S UNDERSERVED POPULATIONS. DREAM CHICAGO CONNECTS ARTISTS LIVING THEIR DREAMS WITH DREAMERS AT VARIOUS STAGES OF THEIR DREAM JOURNEY, WITH PUBLIC AND PARTICIPATORY OPPORTUNITIES INCLUDING SCHOOLS, STUDIOS AND THE STREETS OF CHICAGO.
- Income
- $5,133
- Spending
- $5,064
- Reserves
- 0.2 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $5,064 spent. CHILDREN AND YOUTH PROGRAMS STRONG EMPHASIS WILL BE PLACED ON PROGRAMMING FOR CHILDREN AND STUDENTS. EXPANDED AFTER SCHOOL PROGRAMS AND SUMMER DREAM CAMPS WILL ENGAGE NEW PARTICIPANTS. STRATEGIC PARTNERSHIPS WITH LOCAL LIBRARIES, SCHOOLS AND PARK DISTRICTS WILL BE ADVANTAGEOUS. DREAM CHICAGO IS REQUIRED BY SCHOOL PARTNERS TO CHARGE A PARTICIPATION FEE FOR STUDENTS, WHICH WILL REPRESENT 10 PER STUDENT, PER STUDIO CLASS FOR OUR AFTER SCHOOL OFFERINGS. HOWEVER, FINANCIAL ASSISTANCE IS AVAILABLE TO ENSURE ACCESS AND THAT NO STUDENT WILL BE TURNED AWAY DUE TO INABILITY TO PAY.
- WORKSHOPS - DESIGNED FOR ADULT LEARNERS, THESE WILL FOCUS ON TOPICS THAT RANGE FROM CREATIVE WRITING TO PAINTING, SKETCHING, PHOTOGRAPHY, FILMMAKING, MUSIC, DIGITAL ARTS, AND MORE DEPENDING ON MEMBER INTERESTS. AGAIN, STRATEGIC PARTNERSHIPS WITH THE PUBLIC LIBRARY, SCHOOLS AND PARK DISTRICT WILL BE ADVANTAGEOUS TO PROGRAMMING. DEPENDING ON THE LENGTH OF CLASS, REQUIRED MATERIALS AND LEVEL OF INSTRUCTION NEEDED, A SLIDING FEE SCALE WILL BE OFFERED FOR CLASS FEES, AND FINANCIAL ASSISTANCE WILL BE AVAILABLE. THE AVERAGE COST OF A THREE-HOUR MASTERCLASS IS 20-25 PER PARTICIPANT.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2021 for not filing returns for three years, and reinstated on May 15, 2021.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.