Civic Intelligence

Chicago Artists Coalition

990 • Fiscal year 2022 • EIN 51-0136854

Jul 01, 2021 to Jun 30, 2022 • Filed on May 10, 2023

Organization Profilewww.chicagoartistscoalition.org
2130 W Fulton Street BChicago, IL 60612

(312) 491-8888

Siviq Scores

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

Liabilities / Assets

91st percentile

0.61x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.27x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

13th percentile

-35%

Higher net margin than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

96th percentile

$68,037

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

11th percentile

-45%

Faster asset growth than 11% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

76%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$174,196

Down $141,648 (-45%) from 2021

Net Assets

Down

$68,372

Down $77,308 (-53%) from 2021

Liabilities

Down

$105,824

Down $64,340 (-38%) from 2021

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin13th percentile

Revenue

Up

$386,327

Up $166,941 (+76%) from 2021

Expenses

Up

$520,016

Up $108,684 (+26%) from 2021

Net Income

Up

-$133,689

Up $58,257 (+30%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$1.0M$500K$0-$500KAssets 2010: $4,709Liabilities 2010: $37,410Net Assets 2010: -$32,7012010Assets 2011: $140,838Liabilities 2011: $26,893Net Assets 2011: $113,9452011Assets 2012: $530,768Liabilities 2012: $9,592Net Assets 2012: $521,1762012Assets 2013: $580,507Liabilities 2013: $17,369Net Assets 2013: $563,1382013Assets 2014: $479,381Liabilities 2014: $20,578Net Assets 2014: $458,8032014Assets 2015: $366,630Liabilities 2015: $15,522Net Assets 2015: $351,1082015Assets 2016: $468,497Liabilities 2016: $25,284Net Assets 2016: $443,2132016Assets 2017: $401,960Liabilities 2017: $45,936Net Assets 2017: $356,0242017Assets 2018: $791,675Liabilities 2018: $80,937Net Assets 2018: $710,7382018Assets 2019: $571,348Liabilities 2019: $90,373Net Assets 2019: $480,9752019Assets 2020: $546,644Liabilities 2020: $209,018Net Assets 2020: $337,6262020Assets 2021: $315,844Liabilities 2021: $170,164Net Assets 2021: $145,6802021Assets 2022: $174,196Liabilities 2022: $105,824Net Assets 2022: $68,3722022Assets 2023: $806,097Liabilities 2023: $641,317Net Assets 2023: $164,7802023Assets 2024: $624,060Liabilities 2024: $502,458Net Assets 2024: $121,6022024Assets 2025: $650,331Liabilities 2025: $397,352Net Assets 2025: $252,9792025

Highlighted filing

2022

Assets$174,196
Liabilities$105,824
Net Assets$68,372
Open 2022 Filing

Operations Trend

Revenue Growth80th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $219,274Expenses 2010: $288,887Net Income 2010: -$69,6132010Revenue 2011: $476,004Expenses 2011: $329,358Net Income 2011: $146,6462011Expenses 2012: $342,5382012Expenses 2013: $588,8972013Revenue 2014: $574,977Expenses 2014: $679,312Net Income 2014: -$104,3352014Revenue 2015: $483,217Expenses 2015: $590,912Net Income 2015: -$107,6952015Revenue 2016: $709,281Expenses 2016: $617,176Net Income 2016: $92,1052016Revenue 2017: $582,134Expenses 2017: $669,323Net Income 2017: -$87,1892017Revenue 2018: $1,048,959Expenses 2018: $694,245Net Income 2018: $354,7142018Revenue 2019: $558,161Expenses 2019: $787,924Net Income 2019: -$229,7632019Revenue 2020: $477,506Expenses 2020: $620,855Net Income 2020: -$143,3492020Revenue 2021: $219,386Expenses 2021: $411,332Net Income 2021: -$191,9462021Revenue 2022: $386,327Expenses 2022: $520,016Net Income 2022: -$133,6892022Revenue 2023: $451,588Expenses 2023: $376,545Net Income 2023: $75,0432023Revenue 2024: $407,223Expenses 2024: $450,399Net Income 2024: -$43,1762024Revenue 2025: $531,514Expenses 2025: $400,137Net Income 2025: $131,3772025

Highlighted filing

2022

Revenue$386,327
Expenses$520,016
Net Income-$133,689
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 10, 2023
Return Version
2021v4.2
Gross Receipts
$386,327
Mission and Program Overview

Mission

CAC's programs reflect our commitment to empowering local artists through professional career training, exhibition and networking opportunities, and building a supportive patron base. Our philosophy is that by helping more artists sustain their practice here in Chicago, more will want to live and work here.

CAC's programs reflect our commitment to empowering local artists through professional career training, exhibition and networking opportunities, and building a supportive patron base.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$202,928$106,685▼ $96,243
Land, Buildings, and Equipment, Net$47,207$40,463▼ $6,744
Pledges and Grants Receivable$47,751$20,000▼ $27,751
Prepaid Expenses and Deferred Charges$11,410$500▼ $10,910
Total Assets$315,844$174,196▼ $141,648
Other Assets Total$6,548$6,548→ $0
Liabilities
Other Liabilities$155,829$99,236▼ $56,593
Accounts Payable and Accrued Expenses$14,335$6,588▼ $7,747
Total Liabilities$170,164$105,824▼ $64,340
Net Assets / Fund Balance
Net Assets With Donor Restrictions$222,000$0▼ $222,000
Net Assets Without Donor Restrictions$-76,320$68,372▲ $144,692
Total Net Assets Fund Balance$145,680$68,372▼ $77,308
Total Liabilities and Net Assets / Fund Balance$315,844$174,196▼ $141,648

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,463$46,375$86,838
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Teresa SilvaExecutive and Artistic DirectorFT$63,243$4,794$68,037

Board Members and Trustees

NameTitle
J Gibran VillalobosChair
Karen JonesVice Chair
Edra SotoDirector
Elissa TennyDirector
Emanuel AguilarDirector
Jennifer ArmettaDirector
Jennifer SulenticDirector
Jonathan ChaparroDirector
Karim AhamedDirector
Kenneth KlassmanDirector
Lauren G PetersonDirector
Todd HeiserDirector
Tony KarmanDirector
Robin GallardiOfficer at Large
Nancy HerringTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$383,977
Program Service Revenue
$2,000
Investment Income
$0
Other Revenue
$350
All Other Contributions
$351,747
Change in Net Assets
$-133,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$444,303
Salaries, Compensation, and Employee Benefits$75,713
Total Fundraising Expense$18,524
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$150,423-$150,423
Fees for Services Other$66$74,659-$74,725
Current Officers, Directors, Trustees, and Key Employees-$70,126-$70,126
Office Expenses-$21,158-$21,158
Insurance-$11,144-$11,144
Other Expenses$9,011$13,951$18,524$9,011
Depreciation Depletion-$6,744-$6,744
Information Technology-$5,782-$5,782
Payroll Taxes-$5,587-$5,587
Fees for Services Accounting-$2,902-$2,902
Advertising$697$1,495-$2,192
Travel-$1,615-$1,615
Total Functional Expenses$135,531$365,961$18,524$520,016
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred rent$68,911
Paycheck Protection Program loan$30,325
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
No
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 A, line 6

“The Organization has Board members.”

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

“The 990 is prepared by and outside accountant and reviewed by the Executive Committee.”

Form 990, Part VI, Section B, line 15

“The Executive Director's salary is reviewed by the Board annually.”

Form 990, Part VI, Section C, line 19

“The Organization provides the tax return and other documents upon request.”

Filing and Contact Details

Filer

Filer Name
Chicago Artists Coalition
EIN
51-0136854
Phone
3124918888
Address
2130 W Fulton Street B, Chicago, IL 60612

Signing Officer

Name
Nancy Herring
Title
Treasurer
Phone
3124918888
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Herring
Formed
1974
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
20

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S WESTERN AVENUE, CHICAGO, IL 60643-3206
Preparer
Jason L Gierhahn CPA
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Independent contractors: Program service expenses 66. Management and general expenses 62,584. Fundraising expenses 0. Total expenses 62,650. Professional - other: Program service expenses 0. Management and general expenses 12,075. Fundraising expenses 0. Total expenses 12,075.”

Form 990, Part XII, line 2C:

“The Board reviews and comments on the audited financial statements.”

Raw XML AppendixShowing 400 of 486 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt014335
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06588
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CAC's programs reflect our commitment to empowering local artists through professional career training, exhibition and networking opportunities, and building a supportive patron base.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01495
IRS990/AdvertisingGrp/ProgramServicesAmt0697
IRS990/AdvertisingGrp/TotalAmt02192
IRS990/AllOtherContributionsAmt0351747
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Jenny Fitzgerald
IRS990/BooksInCareOfDetail/PhoneNum08472933298
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02130 W Fulton Unit B
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060612
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0202928
IRS990/CashNonInterestBearingGrp/EOYAmt0106685
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt070126
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt070126
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0383977
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0444303
IRS990/CYOtherRevenueAmt0350
IRS990/CYProgramServiceRevenueAmt02000
IRS990/CYRevenuesLessExpensesAmt0-133689
IRS990/CYSalariesCompEmpBnftPaidAmt075713
IRS990/CYTotalExpensesAmt0520016
IRS990/CYTotalFundraisingExpenseAmt018524
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0386327
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06744
IRS990/DepreciationDepletionGrp/TotalAmt06744
IRS990/Desc0CAC'S EDUCATION STRATEGY IS DESIGNED TO ADDRESS THE VITAL SKILL SETS AND RESOURCES THAT EMPOWER ARTISTS AND ARTS PROFESSIONALS TO NURTURE AND SUSTAIN DYNAMIC CREATIVE CAREERS. THE ORGANIZATION'S APPROACH TO EDUCATION BUILDING. BOLT OFFERS A UNIQUE OPPORTUNITY FOR WORKING ARTISTS WHO CAN BENEFIT FROM THE PROGRAM'S IS ROOTED IN TWO PRIMARY PROGRAMS: FIELD/WORK AND LAUNCH INVITATIONAL RESIDENCY. FIELD/WORK IS A YEAR-ROUND PROGRAM THAT INCLUDES PUBLIC PORGRAMS AND A SIX MONTH RESIDENCY, FEATURING WORKSHOPS AND PANEL CONVERSATIONS, INDIVIDULA CONSULTATIONS AND CAREER STAGES WITH THE EDUCATIONAL SKILLS AND COMMUNITY NEEDED FOR CREATIVE AND PROFESSIONAL SUCCESS. LAUNCH INVITATIONAL RESIDENCY IS A NOMINATION-BASED PROFESSIONAL DEVELOPMENT PROGRAM ORGANIZED EVERY JUNE FOR ARTISTS EMERGING FROM CHICAGO AREA UNDERGRADUATE SCHOOLS. OFFERED TO A LIMITED NUMBER OF PROMISING STUDENTS IDENTIFIED BY FACULTY, THE FOUR-DAY-LONG EXPERIENCE CREATES A RIGOROUS ENVIRONMENT WITHIN WHICH ARTISTS LEARN CAREER-BUILDING SKILLS FROM BOTH PROFESSIONALS AND PEERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0222000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0135531
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02902
IRS990/FeesForServicesAccountingGrp/TotalAmt02902
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt074659
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt066
IRS990/FeesForServicesOtherGrp/TotalAmt074725
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt154794
IRS990/Form990PartVIISectionAGrp/PersonNm0J Gibran Villalobos
IRS990/Form990PartVIISectionAGrp/PersonNm1Nancy Herring
IRS990/Form990PartVIISectionAGrp/PersonNm2Karen Jones
IRS990/Form990PartVIISectionAGrp/PersonNm3Robin Gallardi
IRS990/Form990PartVIISectionAGrp/PersonNm4Tony Karman
IRS990/Form990PartVIISectionAGrp/PersonNm5Lauren G Peterson
IRS990/Form990PartVIISectionAGrp/PersonNm6Karim Ahamed
IRS990/Form990PartVIISectionAGrp/PersonNm7Edra Soto
IRS990/Form990PartVIISectionAGrp/PersonNm8Jennifer Armetta
IRS990/Form990PartVIISectionAGrp/PersonNm9Emanuel Aguilar
IRS990/Form990PartVIISectionAGrp/PersonNm10Todd Heiser
IRS990/Form990PartVIISectionAGrp/PersonNm11Kenneth Klassman
IRS990/Form990PartVIISectionAGrp/PersonNm12Jonathan Chaparro
IRS990/Form990PartVIISectionAGrp/PersonNm13Jennifer Sulentic
IRS990/Form990PartVIISectionAGrp/PersonNm14Elissa Tenny
IRS990/Form990PartVIISectionAGrp/PersonNm15Teresa Silva
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1563243
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Officer at Large
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Executive and Artistic Dir
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt025950
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0386327
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05782
IRS990/InformationTechnologyGrp/TotalAmt05782
IRS990/InsuranceGrp/ManagementAndGeneralAmt011144
IRS990/InsuranceGrp/TotalAmt011144
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt051
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046375
IRS990/LandBldgEquipBasisNetGrp/BOYAmt047207
IRS990/LandBldgEquipBasisNetGrp/EOYAmt040463
IRS990/LandBldgEquipCostOrOtherBssAmt086838
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt06280
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CAC's programs reflect our commitment to empowering local artists through professional career training, exhibition and networking opportunities, and building a supportive patron base. Our philosophy is that by helping more artists sustain their practice here in Chicago, more will want to live and work here.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0145680
IRS990/NetAssetsOrFundBalancesEOYAmt068372
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-76320
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt068372
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0150423
IRS990/OccupancyGrp/TotalAmt0150423
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021158
IRS990/OfficeExpensesGrp/TotalAmt021158
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06548
IRS990/OtherAssetsTotalGrp/EOYAmt06548
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Programs
IRS990/OtherExpensesGrp/Desc1Fundraising
IRS990/OtherExpensesGrp/Desc2Bad debt expense
IRS990/OtherExpensesGrp/Desc3Special project
IRS990/OtherExpensesGrp/FundraisingAmt018524
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0375
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113951
IRS990/OtherExpensesGrp/ProgramServicesAmt0122557
IRS990/OtherExpensesGrp/ProgramServicesAmt13200
IRS990/OtherExpensesGrp/ProgramServicesAmt29011
IRS990/OtherExpensesGrp/TotalAmt0122557
IRS990/OtherExpensesGrp/TotalAmt122099
IRS990/OtherExpensesGrp/TotalAmt213951
IRS990/OtherExpensesGrp/TotalAmt39011
IRS990/OtherLiabilitiesGrp/BOYAmt0155829
IRS990/OtherLiabilitiesGrp/EOYAmt099236
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0350
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0350
IRS990/OtherRevenueTotalAmt0350
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05587
IRS990/PayrollTaxesGrp/TotalAmt05587
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt047751
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt020000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011410
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0500
IRS990/PrincipalOfficerNm0Nancy Herring
IRS990/PriorPeriodAdjustmentsAmt056381
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0453000
IRS990/ProgramServiceRevenueGrp/Desc0Program admissions & f
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02000
IRS990/ProgSrvcAccomActy2Grp/Desc0CAC'S BOLT RESIDENCY IS A HIGHLY COMPETITIVE, JURIED, ONE-YEAR ARTIST STUDIO RESIDENCY PROGRAM. THE ARTIST-IN-RESIDENCE PROGRAM OFFERS EMERGING AND ESTABLISHED ARTISTS A PLATFORM FOR THE INVESTIGATION, EXPERIMENTATION, AND DEVELOPMENT OF IDEAS REGARDING CONTEMPORARY ARTISTIC PRACTICE WHILE LIVING AND WORKING IN THE CITY OF CHICAGO. THE PROGRAM'S MISSION IS TO HELP ARTISTS ADVANCE THEIR CAREER IN AN ENVIRONMENT THAT ALLOWS FOR EXPANSIVE THINKING AND OPPORTUNITIES TO ENGAGE WITH THEIR CO-RESIDENTS IN A GROUP SETTING, AS WELL AS WITH INFLUENTIAL ARTISTS, CURATORS, AND EDUCATORS THROUGH INDIVIDUAL STUDIO VISITS. BOLT RESIDENCY PROVIDES SIX (6) PROFESSIONAL OPEN-PLAN STUDIOS AND A 400-SQUARE-FOOT GALLERY SPACE FOR A SOLO EXHIBITION. THE PROGRAM IS NONRESIDENTIAL: NO ROOM/BOARD IS OFFERED.
IRS990/ProgSrvcAccomActy3Grp/Desc0HATCH PROJECTS IS A YEARLONG, JURIED INCUBATOR FOR CONTEMPORARY ARTISTS AND CURATORS THAT STRIVE TO SUPPORT AN ECOLOGY OF CURATORIALAND ARTISTIC PRACTICE. HATCH FOSTERS SHARED EXPERIMENTATION, EXCHANGE, AND CREATIVITY TO PRODUCE GROUND-BREAKING EXHIBITIONS AND PROGRAMS. ARTIST RESIDENTS ARE DIVIDED INTO GROUPS OF 4 TO WORK WITH ONE CURATORIAL RESIDENT. SELECTED ARTISTS WILL PARTICIPATE IN A DUO AND 4-PERSON EXHIBITION ORGANIZED BY THEIR CURATORIAL RESIDENT. EACH ARTIST RESIDENT RECEIVES PROFESSIONAL DEVELOPMENT THROUGH DYNAMIC EXHIBITIONS, ONE-ON-ONE STUDIO VISITS, PUBLIC PROGRAMS, AND COMMUNITY BUILDING TO DEVELOP A SUSTAINABLE CREATIVE PRACTICE. THROUGH THIS UNIQUE HANDS-ON EXPERIENCE AND PROFESSIONAL DEVELOPMENT PROGRAM, ARTIST RESIDENTS DEVELOP VALUABLE INSIGHT AND EXPERIENCE IN CONTEMPORARY EXHIBITION-MAKING.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0226697
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0334926
IRS990/PYOtherRevenueAmt0-9021
IRS990/PYProgramServiceRevenueAmt01710
IRS990/PYRevenuesLessExpensesAmt0-191946
IRS990/PYSalariesCompEmpBnftPaidAmt076406
IRS990/PYTotalExpensesAmt0411332
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0219386
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-133689
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02350
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0383977
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0226697
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0381301
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0243026
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0764061
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01999062
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt027408
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt027408
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt085487
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt087487
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt027408
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt027408
IRS990ScheduleA/InvestmentIncomeCYPct00.01170
IRS990ScheduleA/InvestmentIncomePYPct00.01140
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0350
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt096205
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07033
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0128138
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0231741
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.73390
IRS990ScheduleA/PublicSupportPY509Pct00.80880
IRS990ScheduleA/PublicSupportTotal509Amt01721549
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0175250
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt062250
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0127500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0365000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0175250
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt062250
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0127500
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0365000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0385977
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0312184
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0381301
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0243026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0764061
IRS990ScheduleA/Total509Grp/TotalAmt02086549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0386327
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0312199
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0477506
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0277467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0892199
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02345698
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/OtherLandBuildingsGrp/BookValueAmt040463
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046375
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt086838
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt068911
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130325
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Paycheck Protection Program loan
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040463
IRS990ScheduleD/TotalLiabilityAmt099236
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has Board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is prepared by and outside accountant and reviewed by the Executive Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director's salary is reviewed by the Board annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization provides the tax return and other documents upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Independent contractors: Program service expenses 66. Management and general expenses 62,584. Fundraising expenses 0. Total expenses 62,650. Professional - other: Program service expenses 0. Management and general expenses 12,075. Fundraising expenses 0. Total expenses 12,075.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board reviews and comments on the audited financial statements.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, line 2c:
IRS990/SchoolOperatingInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$174,196
Liabilities
$105,824
Net assets
$68,372
Revenue
$386,327
Expenses
$520,016
Net income
-$133,689
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.65$0.40$0.25$0.53$0.40$0.13
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.50$0.12$0.41$0.45$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.64$0.16$0.45$0.38$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.17$0.11$0.07$0.39$0.52$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.17$0.15$0.22$0.41$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.21$0.34$0.48$0.62$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.09$0.48$0.56$0.79$0.23
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.08$0.71$1.05$0.69$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.05$0.36$0.58$0.67$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.03$0.44$0.71$0.62$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.02$0.35$0.48$0.59$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.46$0.57$0.68$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.02$0.56$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.52$0.34
2011Summary only. Only limited summary data is available for this year.$0.14$0.03$0.11$0.48$0.33$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.04$0.03$0.22$0.29$0.07