Civic Intelligence

Hyde Park Jazz Festival

990 • Fiscal year 2012 • EIN 26-3580954

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 08, 2013

1511 E 53rd Street60615
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.11x

Higher debt load relative to assets than 94% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

10th percentile

-43%

Faster asset growth than 10% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$27,946

Down $21,440 (-43%) from 2011

Net Assets

Down

-$2,976

Down $5,735 (-208%) from 2011

Liabilities

Down

$30,922

Down $15,705 (-34%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$323,311

Down $6,802 (-2.1%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2011: $49,386Liabilities 2011: $46,627Net Assets 2011: $2,7592011Assets 2012: $27,946Liabilities 2012: $30,922Net Assets 2012: -$2,9762012Assets 2014: $42,159Liabilities 2014: $0Net Assets 2014: $42,1592014Assets 2015: $50,954Liabilities 2015: $0Net Assets 2015: $50,9542015Assets 2016: $113,589Liabilities 2016: $0Net Assets 2016: $113,5892016Assets 2017: $92,043Liabilities 2017: $0Net Assets 2017: $92,0432017Assets 2018: $164,838Liabilities 2018: $0Net Assets 2018: $164,8382018Assets 2019: $169,717Liabilities 2019: $0Net Assets 2019: $169,7172019Assets 2020: $205,954Liabilities 2020: $0Net Assets 2020: $205,9542020Assets 2021: $437,216Liabilities 2021: $0Net Assets 2021: $437,2162021Assets 2022: $432,971Liabilities 2022: $100,000Net Assets 2022: $332,9712022Assets 2023: $292,872Liabilities 2023: $14,400Net Assets 2023: $278,4722023Assets 2024: $315,001Liabilities 2024: $20,000Net Assets 2024: $295,0012024

Highlighted filing

2012

Assets$27,946
Liabilities$30,922
Net Assets-$2,976

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $330,1132011Expenses 2012: $323,3112012Revenue 2014: $288,899Expenses 2014: $248,105Net Income 2014: $40,7942014Revenue 2015: $291,697Expenses 2015: $282,902Net Income 2015: $8,7952015Revenue 2016: $347,553Expenses 2016: $284,918Net Income 2016: $62,6352016Revenue 2017: $279,709Expenses 2017: $301,255Net Income 2017: -$21,5462017Revenue 2018: $381,585Expenses 2018: $341,790Net Income 2018: $39,7952018Revenue 2019: $330,731Expenses 2019: $325,852Net Income 2019: $4,8792019Revenue 2020: $231,988Expenses 2020: $195,751Net Income 2020: $36,2372020Revenue 2021: $562,315Expenses 2021: $331,053Net Income 2021: $231,2622021Revenue 2022: $445,410Expenses 2022: $549,655Net Income 2022: -$104,2452022Revenue 2023: $479,001Expenses 2023: $533,500Net Income 2023: -$54,4992023Revenue 2024: $490,212Expenses 2024: $473,683Net Income 2024: $16,5292024

Highlighted filing

2012

Revenue-
Expenses$323,311
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 8, 2013
Return Version
2012v2.1
Gross Receipts
$317,576
Mission and Program Overview

Mission

The Organization plans and produces the two day Hyde Park Jazz Festival in the Hyde Park neighborhood of Chicago.

Major Activities

Activity 2
Culture Coast Campaign-HyPa launched the "Say Culture Coast" Campaign. Specifically HyPa: 1) Created a brand identity and built an outreach campaign and website to encourage organizational members to begin using Culture Coast to re-brand the artistically vibrant and diverse area of Chicago's South Side. 2) Produced the first dedicated arts and cultural map of this area of the city, 3) Created a wikipedia site; 4) Expanded membership and welcomed 11 new organizational members to the network or arts leaders; 5) Changed the name and organizing structure of our organization to the Culture Coast Network, to broader and more integrated community building activities.
Activity 3
Special music event preceeding Jazz Fest.
Filing and Contact Details

Filer

EIN
26-3580954
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IRS990/Activity2/Description0Culture Coast Campaign-HyPa launched the "Say Culture Coast" Campaign. Specifically HyPa: 1) Created a brand identity and built an outreach campaign and website to encourage organizational members to begin using Culture Coast to re-brand the artistically vibrant and diverse area of Chicago's South Side. 2) Produced the first dedicated arts and cultural map of this area of the city, 3) Created a wikipedia site; 4) Expanded membership and welcomed 11 new organizational members to the network or arts leaders; 5) Changed the name and organizing structure of our organization to the Culture Coast Network, to broader and more integrated community building activities.
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IRS990/Description0HYPA (in collaboration with the Hyde Park Jazz Society) plans and produces the Hyde Park Jazz Festival. The now two-day festival in its 8th year brought together some of the region's best jazz performers and attracted over 20,000 attendees who are able to experience many of the South Side's leading cultural institutions and venues including: Robie House, DuSable Museum, Little Black Pearl, the Hyde Park Art Center, and the Midway.
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IRS990/MissionDescription0HyPa is dedicated to building a rich and vibrant cultural destination on Chicago's south side by supporting the arts and encouraging audience development. HyPa strives to secure the future of the Hyde Park Jazz Festival and sustain high-impact programs to serve the broad interests and needs of the broad South Side arts and cultural community.
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IRS990ScheduleO/GeneralExplanation/Explanation0Membership is available to any organization, business or individual that is supportive of the Organization's goals abides in all respect with the corporate policies set forth in the bylaws.
IRS990ScheduleO/GeneralExplanation/Explanation1Directors shall be elected at the Annual Meeting of the Members from a slate nominated by the Governance Committee. Each Director shall hold office until the first of the following to occur: until his or her successor shall have been duly elected and shall have qualified; or until his or her death or disability, or until he or she shall resign in writing; or until he or she shall have been removed in the manner hereinafter provided. Officers are elected by the Board of Directors.
IRS990ScheduleO/GeneralExplanation/Explanation2The annual meeting of the members shall be held on or about the second weekend of June at such place as the Board of Directors may determine, for the purpose of nominating directors, receiving the proposed budget and assessments for the ensuing year, and transacting such other business as may come before the meeting. If for any reason the annual meeting cannot be held on such date, then such meeting shall be held as soon thereafter as is practicable.
IRS990ScheduleO/GeneralExplanation/Explanation3The Form 990 was reviewed by the Executive Director and provided to the Board of Directors prior to filing.
IRS990ScheduleO/GeneralExplanation/Explanation4At one board meeting per year, board members review and verify the conflict of interest policy.
IRS990ScheduleO/GeneralExplanation/Explanation5On an annual basis the HyPa board reviews the consulting fees paid to Executive Director to make sure that they are reasonable and fair.
IRS990ScheduleO/GeneralExplanation/Explanation6Governing documents and financial statements are available upon request.
IRS990ScheduleO/GeneralExplanation/Explanation7Program coordinator: Program service expenses 3,141. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,141. Musicians: Program service expenses 2,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,600. Fest Coordinator: Program service expenses 30,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,000.
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IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY02759
IRS990/UnrestrictedNetAssets/EOY0-2976
IRS990/UponRequest0X
IRS990/WebSite0www.culturalcostnetwork.org
IRS990/WhistleblowerPolicy00
IRS990/YearFormation02008
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0263580954
ReturnHeader/Filer/Name/BusinessNameLine10HyPa
ReturnHeader/Filer/NameControl0HYPA
ReturnHeader/Filer/Phone07733248614
ReturnHeader/Filer/USAddress/AddressLine101511 E 53rd Street
ReturnHeader/Filer/USAddress/City0Chicago
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode060615
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-08-08
ReturnHeader/Officer/Name0Michelle Olson
ReturnHeader/Officer/Phone07733248614
ReturnHeader/Officer/Title0Executive Director
ReturnHeader/Preparer/DatePrepared02013-08-08
ReturnHeader/PreparerFirm/EIN0363321958

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.15$0.20$2.95$4.90$4.74$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.14$2.78$4.79$5.34$0.54
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.33$1.00$3.33$4.45$5.50$1.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$0.00$4.37$5.62$3.31$2.31
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.00$2.06$2.32$1.96$0.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.00$1.70$3.31$3.26$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.00$1.65$3.82$3.42$0.40
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$2.80$3.01$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$3.48$2.85$0.63
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$2.92$2.83$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$2.89$2.48$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.31$0.03$3.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.47$0.03$3.30
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)3 • <$500k nonprofits