Civic Intelligence

Chicago Independent Radio Project

EIN 26-1547241 • 501(c)3 • Chicago, IL

View Organization Page

Profile

Operation of studio space and facilities for community radio station. The station is intended to benefit thousands of listeners and various music and arts appreciation groups throughout the chicago area.

4045 N Rockwell StreetChicago, IL 60618

www.chirpradio.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

44th percentile

-0.4%

Higher net margin than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

67th percentile

8.7%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

55th percentile

2.8%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$365,664

Up $6,941 (+1.9%) from 2023

Liabilities

Up

$11,903

Up $7,880 (+196%) from 2023

Net Assets

Down

$353,761

Down $939 (-0.3%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin44th percentile

Revenue

Down

$227,292

Down $29,499 (-11%) from 2023

Expenses

Up

$228,231

Up $18,054 (+8.6%) from 2023

Net Income

Down

-$939

Down $47,553 (-102%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2010: $56,479Net Assets 2010: $56,4792010Assets 2011: $64,324Net Assets 2011: $64,3242011Assets 2012: $93,206Net Assets 2012: $93,2062012Assets 2013: $178,901Liabilities 2013: $381Net Assets 2013: $178,5202013Assets 2014: $170,070Liabilities 2014: $2,816Net Assets 2014: $167,2542014Assets 2015: $180,130Liabilities 2015: $68Net Assets 2015: $180,0622015Assets 2016: $197,469Liabilities 2016: $298Net Assets 2016: $197,1712016Assets 2017: $236,064Liabilities 2017: $0Net Assets 2017: $236,0642017Assets 2018: $220,143Liabilities 2018: $132Net Assets 2018: $220,0112018Assets 2019: $199,150Liabilities 2019: $790Net Assets 2019: $198,3602019Assets 2020: $250,054Liabilities 2020: $14,833Net Assets 2020: $235,2212020Assets 2021: $291,756Liabilities 2021: $803Net Assets 2021: $290,9532021Assets 2022: $309,330Liabilities 2022: $1,244Net Assets 2022: $308,0862022Assets 2023: $358,723Liabilities 2023: $4,023Net Assets 2023: $354,7002023Assets 2024: $365,664Liabilities 2024: $11,903Net Assets 2024: $353,7612024

Highlighted filing

2024

Assets$365,664
Liabilities$11,903
Net Assets$353,761
Open 2024 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $62,836Expenses 2010: $49,430Net Income 2010: $13,4062010Revenue 2011: $72,135Expenses 2011: $64,290Net Income 2011: $7,8452011Revenue 2012: $128,463Expenses 2012: $99,581Net Income 2012: $28,8822012Revenue 2013: $201,276Expenses 2013: $115,962Net Income 2013: $85,3142013Revenue 2014: $128,444Expenses 2014: $139,710Net Income 2014: -$11,2662014Revenue 2015: $208,217Expenses 2015: $195,409Net Income 2015: $12,8082015Revenue 2016: $187,674Expenses 2016: $170,565Net Income 2016: $17,1092016Revenue 2017: $222,790Expenses 2017: $183,897Net Income 2017: $38,8932017Revenue 2018: $188,335Expenses 2018: $204,388Net Income 2018: -$16,0532018Revenue 2019: $159,534Expenses 2019: $181,185Net Income 2019: -$21,6512019Revenue 2020: $214,888Expenses 2020: $178,027Net Income 2020: $36,8612020Revenue 2021: $256,619Expenses 2021: $200,887Net Income 2021: $55,7322021Revenue 2022: $215,258Expenses 2022: $198,125Net Income 2022: $17,1332022Revenue 2023: $256,791Expenses 2023: $210,177Net Income 2023: $46,6142023Revenue 2024: $227,292Expenses 2024: $228,231Net Income 2024: -$9392024

Highlighted filing

2024

Revenue$227,292
Expenses$228,231
Net Income-$939
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$365,664
Liabilities
$11,903
Net assets
$353,761
Revenue
$227,292
Expenses
$228,231
Net income
-$939
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.66$0.12$3.54$2.27$2.28$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.59$0.04$3.55$2.57$2.10$0.47
2022Detailed filing. Detailed filing data is available for this year.$3.09$0.01$3.08$2.15$1.98$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.92$0.01$2.91$2.57$2.01$0.56
2020Detailed filing. Detailed filing data is available for this year.$2.50$0.15$2.35$2.15$1.78$0.37
2019Detailed filing. Detailed filing data is available for this year.$1.99$0.01$1.98$1.60$1.81$0.22
2018Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$1.88$2.04$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$2.23$1.84$0.39
2016Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$1.88$1.71$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$2.08$1.95$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.70$0.03$1.67$1.28$1.40$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$2.01$1.16$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.93$1.28$1.00$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.64$0.72$0.64$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.56$0.63$0.49$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 24, 2025
Return Version
2024v5.1
Gross Receipts
$265,444
Mission and Program Overview

Mission

Operation of studio space and facilities for community radio station. The station is intended to benefit thousands of listeners and various music and arts appreciation groups throughout the chicago area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$202,337$210,523▲ $8,186
Cash and Non-Interest-Bearing Accounts$104,781$65,873▼ $38,908
Land, Buildings, and Equipment, Net$7,404$65,618▲ $58,214
Accounts Receivable$32,500$11,950▼ $20,550
Investments in Publicly Traded Securities$10,000$10,000→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$358,723$365,664▲ $6,941
Other Assets Total$1,701$1,700▼ $1
Liabilities
Accounts Payable and Accrued Expenses$1,023$8,903▲ $7,880
Deferred Revenue$3,000$3,000→ $0
Total Liabilities$4,023$11,903▲ $7,880
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$326,367$343,698▲ $17,331
Net Assets With Donor Restrictions$28,333$10,063▼ $18,270
Total Net Assets Fund Balance$354,700$353,761▼ $939
Total Liabilities and Net Assets / Fund Balance$358,723$365,664▲ $6,941

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,039$99,039$135,078
Other Land Buildings$29,579$22,461$52,040
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Shawn CampbellExecutive DirectorFT$84,131$84,131

Board Members and Trustees

NameTitle
Edna HoPresident
Jim DrassVice President
Barry OwenDirector
Brandon ClarkDirector
Claire BattleDirector
Jennifer LizakDirector
Shawn CampbellDirector
Steven BarryDirector
Todd CywinskiDirector
Walter PalkaDirector
Phil YatesSecretary
Suzy KirkhoffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$206,592
Program Service Revenue
$0
Investment Income
$9,321
Other Revenue
$11,379
All Other Contributions
$191,511
Change in Net Assets
$-939
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$135,140
Salaries, Compensation, and Employee Benefits$93,091
Total Fundraising Expense$33,621
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$58,892$12,619$12,620$84,131
Occupancy$26,263$6,361$4,436$37,060
Fees for Services Other$13,437$8,036$920$22,393
Travel$7,330$3,153$1,821$12,304
All Other Expenses$3,658$5,544$290$9,492
Office Expenses$4,155$5,045$159$9,359
Payroll Taxes$4,505$965$965$6,435
Insurance-$5,107-$5,107
Other Expenses$4,266$825$8,915$4,266
Depreciation Depletion-$3,872-$3,872
Other Employee Benefits$1,767$379$379$2,525
Advertising$1,525-$334$1,859
Total Functional Expenses$142,704$51,906$33,621$228,231
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,155
Fundraising Direct Expenses$32,123
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Record Fair$16,660$14,275$9,595$4,680
Pitchfork$14,286$14,162$8,550$5,612
Total Events$49,173$44,155$32,123$12,032
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board reviews the 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Conflicts of interest are discussed as they arise.”

Form 990, Part VI, Section B, Line 15A

“Compensation levels are approved by the Board.”

Form 990, Part VI, Section C, Line 18

“The 990 can be acquired through the IL Attorney General or Guidestar.org websites.”

Form 990, Part VI, Section C, Line 19

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Chicago Independent Radio Project
EIN
26-1547241
Phone
3128043361
Address
4045 N ROCKWELL STREET, CHICAGO, IL 60618

Signing Officer

Name
Edna Ho
Title
President
Signed
2025-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edna Ho
Formed
2010
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
12
Employees
1
Volunteers
260

Preparer

Firm
Il Nfp Audit and Tax Llp
Address
200 S WACKER DR SUITE 3100, CHICAGO, IL 60606
Preparer
Abdullah Khan CPA
Phone
3129985500
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