Amer Acad & Inst Of Arts & Letters Letters Pv 3960
- Assets
- $7.4m
- Revenue
- $347.2k
- Investments
- $7.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1971
- Data as of
- 12/2023
- EIN
- 13-6035643
Organization Overview
Amer Acad & Inst Of Arts & Letters Letters Pv 3960 is located in Chicago, IL. The organization was established in 1971. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amer Acad & Inst Of Arts & Letters Letters Pv 3960 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Amer Acad & Inst Of Arts & Letters Letters Pv 3960 generated $347.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $415.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $211,741 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $135,443 |
| Capital Gain Net Income | $135,443 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $347,184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,595 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,913 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $8,758 |
| Contributions, gifts, grants paid | $406,407 |
| Total expenses and disbursements | $415,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,955 |
| Savings and temporary cash investments | $143,313 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,404,305 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |