Chess Club And Scholastic Center Of Saint Louis, operating under the name Saint Louis Chess Club, is located in St Louis, MO. The organization was established in 2008. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Saint Louis Chess Club employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Louis Chess Club 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, Saint Louis Chess Club generated $14.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $11.6m during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 6 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.
Since 2014, Saint Louis Chess Club has awarded 46 individual grants totaling $15,895,154. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FORMAL CHESS INSTRUCTION AND INCREASE THE AWARENESS OF THE EDUCATIONAL VALUE OF CHESS.
Describe the Organization's Program Activity:
SEE SCHEDULE O:APPLIED EDUCATION:THE ORGANIZATION HOSTS NATIONAL AND INTERNATIONAL CHAMPIONSHIP-LEVEL CHESS COMPETITIONS TO MAKE ITS STUDENTS AWARE OF HOW FAR EACH STUDENTS' ACADEMIC ACHIEVEMENTS COULD TAKE HIM/HER. THE ORGANIZATION AFFORDS STUDENTS THE OPPORTUNITY TO SEE NATIONALLY AND INTERNATIONALLY RECOGNIZED PLAYERS COMPETE WITH ONE ANOTHER ON AN APPLIED EDUCATIONAL PLATFORM, I.E., CHESS STRATEGY AT CHAMPIONSHIP LEVELS. THE ORGANIZATION'S LEADERSHIP BELIEVES THAT NATIONAL AND INTERNATIONAL TOURNAMENTS MOTIVATE ITS STUDENTS TO EXCEL AT LEARNING CHESS SO THEY TOO MIGHT SOMEDAY COMPETE FOR SUBSTANTIAL CASH PRIZES AS WELL AS ACHIEVE PERSONAL AND INTELLECTUAL RECOGNITION AND VALIDATION.THE ORGANIZATION HOSTED THE U.S. CHAMPIONSHIP, U.S. WOMEN'S CHAMPIONSHIP, U.S. JUNIOR CHAMPIONSHIP, U.S. GIRLS' CHAMPIONSHIP AND U.S. SENIOR CHAMPIONSHIP. ADDITIONALLY, THE ORGANIZATION HOSTED THE SINQUEFIELD CUP AND THE RAPIDS AND BLITZ, INTERNATIONAL COMPETITIONS AMONG 20 OF THE BEST PLAYERS IN THE WORLD. HOSTING THESE EVENTS BROUGHT INTERNATIONAL ATTENTION TO THE ORGANIZATION'S MISSION.
SEE SCHEDULE O:DIRECT CLASSROOM:THE PRIMARY ACTIVITY OF THE ORGANIZATION IS INSTRUCTING STUDENTS IN THE GAME OF CHESS. THE CLASSROOM ACTIVITIES OCCUR IN TWO MODES: FIRST, AT THE ORGANIZATION'S CAMPUS AT 4657 MARYLAND AVENUE, SAINT LOUIS, MO AND IN PARTICIPATING "SATELLITE CLASSROOMS" AT VARIOUS SCHOOLS (K-12), UNIVERSITIES AND COLLEGES, AND COMMUNITY CENTERS IN THE GREATER METRO SAINT LOUIS AREA ("PARTICIPATING SCHOOLS"). EXTRAORDINARILY IN 2020, THE ORGANIZATION IMPLEMENTED VIRTUAL LEARNING EXPERIENCES FOR STUDENTS DUE TO THE COVID-19 PANDEMIC. FULL-TIME INSTRUCTORS AND PART-TIME INSTRUCTORS TEACH LESSONS AT THE CAMPUS, IN AREA SCHOOLS, AND VIRTUALLY FROM THEIR HOMES. APPROXIMATELY, FOUR HUNDRED STUDENTS ARE ENROLLED IN CLASSES AT THE CAMPUS AND THERE ARE MORE THAN FIVE THOUSAND STUDENTS WHO ARE ENROLLED IN THE PARTICIPATING SCHOOL AND VIRTUAL CLASSES. FORMAL CLASSES AND TEXTBOOKS ARE USED IN BOTH EDUCATIONAL ACTIVITIES OF THE ORGANIZATION. DURING 2022, THE ORGANIZATION HOSTED AND ORGANIZED MORE THAN 100 TOURNAMENTS AND 200 LECTURES, CLASSES AND SPECIAL EDUCATIONAL ACTIVITIES. THE ORGANIZATION ALSO ORGANIZED VIRTUAL INSTRUCTIONAL SUMMER CAMPS FOR LOCAL AND NON-LOCAL STUDENTS, INCLUDING CAMPS FOR THE VERY BEST STUDENT CHESS PLAYERS FROM AROUND THE COUNTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rex Sinquefield President & Chairman | OfficerTrustee | 16 | $0 |
Mike Lueken Secretary | OfficerTrustee | 1 | $0 |
James Voelker Treasurer | OfficerTrustee | 1 | $0 |
Ed Baur Director | Trustee | 1 | $0 |
Doug Eckert Director | Trustee | 1 | $0 |
Jean Hoffman Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Spectrum Studios Llc Audio And Visual Production | 12/30/22 | $1,079,153 |
Chase Park Plaza Hotel, Event Space, & Concierge Services | 12/30/22 | $461,395 |
Chi Chi Llc Management Services | 12/30/22 | $329,417 |
Hellmuth Obata & Kassabaum Inc Architecture And Design Services | 12/30/22 | $272,259 |
Fabi Sports Management Inc Chess Tournament Prizes & Chess Consulti | 12/30/22 | $271,638 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,197,375 |
Investment income | $278 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$18,770 |
Net Income from Fundraising Events | -$21,715 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$13,032 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,557,243 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $164,623 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,828,762 |
Pension plan accruals and contributions | $45,635 |
Other employee benefits | $219,516 |
Payroll taxes | $159,992 |
Fees for services: Management | $160,250 |
Fees for services: Legal | $80,204 |
Fees for services: Accounting | $23,688 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $69,403 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,366,062 |
Advertising and promotion | $229,574 |
Office expenses | $338,457 |
Information technology | $62,057 |
Royalties | $0 |
Occupancy | $1,466,838 |
Travel | $494,279 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,674 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $183,816 |
Insurance | $117,700 |
All other expenses | $0 |
Total functional expenses | $11,600,510 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $204,615 |
Savings and temporary cash investments | $67,601 |
Pledges and grants receivable | $700,147 |
Accounts receivable, net | $122,624 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $49,034 |
Prepaid expenses and deferred charges | $194,213 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,175,953 |
Total assets | $9,249,029 |
Accounts payable and accrued expenses | $1,031,776 |
Grants payable | $700,147 |
Deferred revenue | $27,513 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $255,041 |
Total liabilities | $2,014,477 |
Net assets without donor restrictions | $6,327,941 |
Net assets with donor restrictions | $906,611 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $7,234,552 |
Over the last fiscal year, Chess Club And Scholastic Center Of Saint Louis has awarded $2,142,750 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
KASPAROV CHESS FOUNDATION PURPOSE: CHESS PROGRAMMING | $900,000 |
GRAND CHESS TOUR PURPOSE: CHESS TOUR OPERATIONS- UNRESTRICTED CONTRIBUTIONS | $535,000 |
INTERNATIONAL CHESS SCHOOL PURPOSE: CHESS PROGRAMMING | $400,000 |
SAVE THE CHILDREN FEDERATION INC PURPOSE: CHILDREN'S EMERGENCY FUND - UKRAINE RELIEF | $35,750 |
US CHESS FEDERATION PURPOSE: WOMEN IN CHESS GRANT AND CHESS OLYMPIAD | $160,000 |
UNIVERSITY OF MISSOURI PURPOSE: COLLEGIATE CHESS, EDUCATION, RESEARCH | $100,000 |