Civic Intelligence

Chicago Bulls Charities

990 • Fiscal year 2017 • EIN 36-3544506

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

Organization ProfileN/A
1901 W Madison StreetChicago, IL 60612

(312) 455-4000

Siviq Scores

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

Liabilities / Assets

79th percentile

0.62x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

2.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

84th percentile

20%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

93rd percentile

99%

Faster revenue growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$10,332,439

Up $1,721,538 (+20%) from 2016

Net Assets

Up

$3,931,148

Up $1,034,505 (+36%) from 2016

Liabilities

Up

$6,401,291

Up $687,033 (+12%) from 2016

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin86th percentile

Revenue

Up

$2,855,938

Up $1,419,954 (+99%) from 2016

Expenses

Up

$1,875,599

Up $1,232,380 (+192%) from 2016

Net Income

Up

$980,339

Up $187,574 (+24%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $5,778,738Liabilities 2014: $6,592,462Net Assets 2014: -$813,7242014Assets 2015: $8,197,320Liabilities 2015: $6,142,173Net Assets 2015: $2,055,1472015Assets 2016: $8,610,901Liabilities 2016: $5,714,258Net Assets 2016: $2,896,6432016Assets 2017: $10,332,439Liabilities 2017: $6,401,291Net Assets 2017: $3,931,1482017Assets 2018: $10,452,454Liabilities 2018: $5,837,748Net Assets 2018: $4,614,7062018Assets 2019: $5,562,891Liabilities 2019: $742,848Net Assets 2019: $4,820,0432019Assets 2020: $4,974,111Liabilities 2020: $273,673Net Assets 2020: $4,700,4382020Assets 2021: $3,919,718Liabilities 2021: $250,229Net Assets 2021: $3,669,4892021Assets 2022: $4,418,527Liabilities 2022: $967,708Net Assets 2022: $3,450,8192022Assets 2023: $3,759,028Liabilities 2023: $723,783Net Assets 2023: $3,035,2452023Assets 2024: $3,984,244Liabilities 2024: $355,046Net Assets 2024: $3,629,1982024Assets 2025: $4,088,085Liabilities 2025: $591,999Net Assets 2025: $3,496,0862025

Highlighted filing

2017

Assets$10,332,439
Liabilities$6,401,291
Net Assets$3,931,148
Open 2017 Filing

Operations Trend

Revenue Growth93rd percentile

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

$20M$10M$0-$10M-$20MRevenue 2014: $2,083,245Expenses 2014: $640,216Net Income 2014: $1,443,0292014Revenue 2015: $3,439,695Expenses 2015: $529,276Net Income 2015: $2,910,4192015Revenue 2016: $1,435,984Expenses 2016: $643,219Net Income 2016: $792,7652016Revenue 2017: $2,855,938Expenses 2017: $1,875,599Net Income 2017: $980,3392017Revenue 2018: $1,482,595Expenses 2018: $699,829Net Income 2018: $782,7662018Revenue 2019: $1,079,962Expenses 2019: $885,990Net Income 2019: $193,9722019Revenue 2020: $1,006,332Expenses 2020: $1,121,479Net Income 2020: -$115,1472020Revenue 2021: $254,680Expenses 2021: $1,299,594Net Income 2021: -$1,044,9142021Revenue 2022: $1,784,035Expenses 2022: $1,968,690Net Income 2022: -$184,6552022Revenue 2023: $2,061,078Expenses 2023: $14,773,155Net Income 2023: -$12,712,0772023Revenue 2024: $1,512,644Expenses 2024: $918,690Net Income 2024: $593,9542024Revenue 2025: $1,232,769Expenses 2025: $1,365,881Net Income 2025: -$133,1122025

Highlighted filing

2017

Revenue$2,855,938
Expenses$1,875,599
Net Income$980,339
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$3,653,671
Mission and Program Overview

Mission

Chicago Bulls charities is committed to community violence prevention through four focus areas; education, investment, health & wellness, and access to opportunities.

To make a positive impact on the lives of Chicagoans in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,482,870$6,318,492▲ $835,622
Land, Buildings, and Equipment, Net$2,154,952$1,987,158▼ $167,794
Accounts Receivable$465,301$1,592,264▲ $1,126,963
Cash and Non-Interest-Bearing Accounts$507,778$434,525▼ $73,253
Total Assets$8,610,901$10,332,439▲ $1,721,538
Liabilities
Tax Exempt Bond Liabilities$4,700,000$4,665,043▼ $34,957
Grants Payable$990,341$1,729,145▲ $738,804
Deferred Revenue$12,000--
Accounts Payable and Accrued Expenses$11,917$7,103▼ $4,814
Total Liabilities$5,714,258$6,401,291▲ $687,033
Net Assets / Fund Balance
Unrestricted Net Assets$2,896,643$3,931,148▲ $1,034,505
Total Net Assets Fund Balance$2,896,643$3,931,148▲ $1,034,505
Total Liabilities and Net Assets / Fund Balance$8,610,901$10,332,439▲ $1,721,538

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,887,158$2,668,052$4,555,210
Land$100,000-$100,000
Equipment$0$72,731$72,731
Other Land Buildings$0--
Leasehold Improvements$0--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Nancy ReinsdorfPresident
Leslie FormanVice President
John PaxsonDirector
Michael ReinsdorfDirector/ CEO
Ram PadmanabhanDirector/ Secretary
Susan GoodenowExecutive Director
Kieran KelliherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,213,915
Program Service Revenue
$0
Investment Income
$127,563
Other Revenue
$514,460
All Other Contributions
$267,978
Change in Net Assets
$980,339

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,855,938
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$54,166
Total Revenue per Audited Statements
$2,910,104
Total Revenue per Form 990
$2,855,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,616,943
Other Expenses$258,656
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,616,943--$1,616,943
Depreciation Depletion-$130,149-$130,149
Interest-$74,923-$74,923
Fees for Services Accounting-$25,207-$25,207
Fees for Service Investment Mgmnt Fees-$15,030-$15,030
Other Expenses-$177-$177
Total Functional Expenses$1,616,943$258,656$0$1,875,599

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,875,599
Total Expenses per Audited Statements$1,875,599
Total Expenses per Form 990$1,875,599
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Children's First FundChicago, IL501(c)(3)Supports The New Chance Arts & Literature Fund$1,000,000
University of Chicago Crime LabChicago, IL501(c)(3)Supports various Chicago Police Department and social service initiatives$232,866
McCormick FoundationChicago, IL501(c)(3)This grant funds the Chicago Bulls Community Assist Fund, a McCormick Foundation Fund. The Chicago Bulls Community Assist Fund, established in 2009, is supported with major funding by Chicago Bulls Charities, which is then matched 50% by the Robert R. McCormick Foundation. Contributing to the McCormick Foundation allows Chicago Bulls Charities to maximize its giving potential, allowing it to make a bigger impact on those in need. In 2016, the Chicago Bulls Community Assist Fund awarded grants to ten (10) organizations that offer youth education and youth health and wellness programing, including After School Matters, After-School All-Stars, Chicago Parks Foundation, Embarc, Inc. , La Rabida Children's Hospital and Research Center, Marwen Foundation, Mercey Home, Posse Chicago, Ronald McDonald House Charities of Chicagoland and Northwest Indiana & Youth Guidance.$200,000
Operation PUSHChicago, IL501(c)(3)Provides support for the Rainbow EXCEL Basketball League$100,000
Bright PinkChicago, IL501(c)(3)Funds targeted community clinic-based version of Women's Health Provider Education Initiative$20,000
YMCA of Metropolitan ChicagoChicago, IL501(c)(3)Funds the YMCA of Metropolitan Chicago Urban Warriors program$20,000
Big Brothers Big Sisters of Metropolitan ChicagoChicago, IL501(c)(3)Supports the Big Brothers Big Sisters Jordan Club-based Mentoring program$10,000
Gilda's Club ChicagoChicago, IL501(c)(3)Provides general support of the Club's program$10,000
Greater Chicago Food Depositorychicago, IL501(c)(3)Provides support for childrens programs$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$584,681
Fundraising Gross Income$337,816
Gaming Direct Expenses$242,491
Fundraising Direct Expenses$165,546
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
In-Arena Auction$247,300$247,300$18,415$228,885
Evening with The Bulls$624,839$42,203$96,454$-54,251
Total Events$1,083,753$337,816$165,546$172,270
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Michael Reinsdorf and Nancy Reinsdorf have a family relationship.”

Form 990, Part VI, Section A, line 6

“Chicago Bulls Charities has one member; Michael Reinsdorf.”

Form 990, Part VI, Section A, line 7A

“The member has the right to remove directors and appoint directors.”

Form 990, Part VI, Section A, line 8B

“Chicago Bulls Charities does not have official committees.”

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

“Form 990 is prepared by an outside accounting firm and reviewed by management.”

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

“Each director and officer is required to acknowledge on an annual basis his or her having read and understood the conflicts of interest policy and his or her compliance with the policy. If a conflict of interest is identified for a director or officer, that director or officer will not participate in any discussions or deliberations regarding that matter and would abstain from voting decisions on the matter for which there is a conflict of interest”

Form 990, Part VI, Section C, line 19

“The governing documents and financial statements are on file with the Charitable Trust Division of Illinois Attorney General Office.”

Filing and Contact Details

Filer

Filer Name
Chicago Bulls Charities
EIN
36-3544506
Phone
3124554000
Address
1901 W Madison Street, Chicago, IL 60612

Signing Officer

Name
Kieran Kelliher
Title
Treasurer
Phone
3124554000
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Reinsdorf
Formed
1987
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
842

Preparer

Firm
Deloitte Tax LLP
Address
111 S Wacker Dr, Chicago, IL 60606
Preparer
Rachel Jean Henderson-Pennington
Phone
3124861000
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Corporation evaluates tax positions taken in the course of preparing the Corporation's tax returns to determine whether tax positions are more likely than not of being sustained by the applicable tax authority. Tax benefits of positions not deemed to meet the more likely than not threshold would be recorded as a tax expense in the current year. For the years ended June 30, 2017 and 2016, the Corporation has not identified any uncertain tax positions, and no income tax expense has been recorded in the statements of activities and changes in net assets. Open tax years under the applicable statutory limitations for federal returns of the Corporation include tax years ended June 30 2014 through June 30, 2016.”

Raw XML AppendixShowing 400 of 592 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYRevenuesLessExpensesAmt0792765
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0643219
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01435984
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0980339
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01200000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05482870
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06318492
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt01210875
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0141828
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt02213960
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt01116743
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt04683406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02213915
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0838057
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02746633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01658263
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0377636
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07834504
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0106021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0107119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt040665
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03988
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018355
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0276148
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0922496
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0936488
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01217017
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0497062
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0628621
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt04201684
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0106021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0107119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt040665
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03988
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0276148
IRS990ScheduleA/InvestmentIncomeCYPct00.02240
IRS990ScheduleA/InvestmentIncomePYPct00.02310
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06875
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06875
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.59690
IRS990ScheduleA/PublicSupportPY509Pct00.63370
IRS990ScheduleA/PublicSupportTotal509Amt07352782
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt01210875
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0141828
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt02213960
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt01116743
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt04683406
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03136411
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01774545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03963650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02155325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01006257
IRS990ScheduleA/Total509Grp/TotalAmt012036188
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03242432
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01881664
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04011190
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02159313
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01024612
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012319211
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01887158
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02668052
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04555210
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072731
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt072731
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01875599
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt054166
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/RevenueNotReportedAmt054166
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02855938
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Corporation evaluates tax positions taken in the course of preparing the Corporation's tax returns to determine whether tax positions are more likely than not of being sustained by the applicable tax authority. Tax benefits of positions not deemed to meet the more likely than not threshold would be recorded as a tax expense in the current year. For the years ended June 30, 2017 and 2016, the Corporation has not identified any uncertain tax positions, and no income tax expense has been recorded in the statements of activities and changes in net assets. Open tax years under the applicable statutory limitations for federal returns of the Corporation include tax years ended June 30 2014 through June 30, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01987158
IRS990ScheduleD/TotalExpensesPerForm990Amt01875599
IRS990ScheduleD/TotalRevenuePerForm990Amt02855938
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02910104
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01875599
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt0342190
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0745937
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0582636
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0163301
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0165546
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Evening with The Bulls
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0In-Arena Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0624839
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0247300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0211614
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01083753
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt042203
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0247300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt048313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0337816
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0172270
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt050677
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0165546
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt096454
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt018415
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt0181397
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0181397
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0242491
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0584681
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0584681
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0342190
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt061094
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt061094
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerPersonNm0Junhyun Bae
IRS990ScheduleG/GamingManagerServicesProvTxt0Organizing volunteers; arranging for distribution of tickets; managing collections and deposit of sales proceeds; accounting for awards and expenses.
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0Kieran Kelliher
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt01901 W Madison St
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Chicago
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IL
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd060612
IRS990ScheduleG/StatesWhereGamingConductedCd0IL
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01000000
IRS990ScheduleI/RecipientTable/CashGrantAmt1232866
IRS990ScheduleI/RecipientTable/CashGrantAmt2200000
IRS990ScheduleI/RecipientTable/CashGrantAmt3100000
IRS990ScheduleI/RecipientTable/CashGrantAmt420000
IRS990ScheduleI/RecipientTable/CashGrantAmt520000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt710000
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Supports The New Chance Arts & Literature Fund
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Supports various Chicago Police Department and social service initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2This grant funds the Chicago Bulls Community Assist Fund, a McCormick Foundation Fund. The Chicago Bulls Community Assist Fund, established in 2009, is supported with major funding by Chicago Bulls Charities, which is then matched 50% by the Robert R. McCormick Foundation. Contributing to the McCormick Foundation allows Chicago Bulls Charities to maximize its giving potential, allowing it to make a bigger impact on those in need. In 2016, the Chicago Bulls Community Assist Fund awarded grants to ten (10) organizations that offer youth education and youth health and wellness programing, including After School Matters, After-School All-Stars, Chicago Parks Foundation, Embarc, Inc. , La Rabida Children's Hospital and Research Center, Marwen Foundation, Mercey Home, Posse Chicago, Ronald McDonald House Charities of Chicagoland and Northwest Indiana & Youth Guidance.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Provides support for the Rainbow EXCEL Basketball League
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Funds the YMCA of Metropolitan Chicago Urban Warriors program
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Funds targeted community clinic-based version of Women's Health Provider Education Initiative
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Provides support for childrens programs

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,332,439
Liabilities
$6,401,291
Net assets
$3,931,148
Revenue
$2,855,938
Expenses
$1,875,599
Net income
$980,339
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.09$0.59$3.50$1.23$1.37$0.13
2024Detailed filing. Detailed filing data is available for this year.$3.98$0.36$3.63$1.51$0.92$0.59
2023Detailed filing. Detailed filing data is available for this year.$3.76$0.72$3.04$2.06$14.8$12.7
2022Detailed filing. Detailed filing data is available for this year.$4.42$0.97$3.45$1.78$1.97$0.18
2021Detailed filing. Detailed filing data is available for this year.$3.92$0.25$3.67$0.25$1.30$1.04
2020Detailed filing. Detailed filing data is available for this year.$4.97$0.27$4.70$1.01$1.12$0.12
2019Detailed filing. Detailed filing data is available for this year.$5.56$0.74$4.82$1.08$0.89$0.19
2018Detailed filing. Detailed filing data is available for this year.$10.5$5.84$4.61$1.48$0.70$0.78
2017Detailed filing. Detailed filing data is available for this year.$10.3$6.40$3.93$2.86$1.88$0.98
2016Detailed filing. Detailed filing data is available for this year.$8.61$5.71$2.90$1.44$0.64$0.79
2015Detailed filing. Detailed filing data is available for this year.$8.20$6.14$2.06$3.44$0.53$2.91
2014Detailed filing. Detailed filing data is available for this year.$5.78$6.59$0.81$2.08$0.64$1.44