Thinkglobal Arts Foundation
- Assets
- $18.8k
- Revenue
- $6.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2007
- Data as of
- 12/2021
- EIN
- 20-8902726
Organization Overview
Thinkglobal Arts Foundation is located in Chicago, IL. The organization was established in 2007. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thinkglobal Arts Foundation 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 12/2021, Thinkglobal Arts Foundation generated $6.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.8% each year . All expenses for the organization totaled $5.9k during the year ending 12/2021. While expenses have increased by 32.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR HIGH SCHOOL STUDENTS AND MUSIC EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Revati Natesan President | 5 | $0 | |
Gulam Hajat Board Member | 1 | $0 | |
Rajni Natesan Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,088 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,088 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $5,888 |
| Total expenses and disbursements | $5,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,772 |
| Savings and temporary cash investments | $0 |
| 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 | $18,772 |
| 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 |
Grants Awarded
Over the last fiscal year, Thinkglobal Arts Foundation has awarded $5,888 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NYASA INTERNATIONAL ACADEMY PURPOSE: CHILDREN EDUCATION | $4,638 |
CHEMUCHKA PURPOSE: MUSIC EDUCATION OF CHILDREN | $1,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Security Management Association Isma Inc Thayer, IA | $1,991,802 | $1,231,895 |
Peace Education Program Inc Louisville, KY | $609,870 | $848,573 |
Citizens For A Secure And Safe America Educational Committee Inc Fishers, IN | $0 | $363,845 |
Cristianos Por La Paz En El Salvador Louisville, KY | $279,230 | $201,227 |
Ne Iowa Peace & Justice Center Inc Decorah, IA | $46,888 | $0 |
Madison Quakers Inc Madison, WI | $72,806 | $0 |
International Association For World Peace Chicago, IL | $12,597 | $66,846 |
Paxology Inc West Chicago, IL | $40,374 | $0 |
Catholic Peace Ministry Inc Des Moines, IA | $8,923 | $0 |
Thinkglobal Arts Foundation Chicago, IL | $18,772 | $6,088 |