Experimental Station
- Assets
- $1.5m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 22
- Location
- Chicago, IL
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 32-0017985
Organization Overview
Experimental Station, operating under the name Blackstone Bicycle Works, is located in Chicago, IL. The organization was established in 2004. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Blackstone Bicycle Works employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blackstone Bicycle Works 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 12/2022, Blackstone Bicycle Works generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 14.5% per year over the past 5 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, Blackstone Bicycle Works has awarded 181 individual grants totaling $3,964,114. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE EXPERIMENTAL STATION IS TO BUILD INDEPENDENT CULTURAL INFRASTRUCTURE ON THE SOUTH SIDE OF CHICAGO. WE DO THIS BY FOSTERING A DYNAMIC ECOLOGY OF INNOVATIVE EDUCATIONAL AND CULTURAL PROGRAMS, SMALL BUSINESS ENTERPRISES AND COMMUNITY INITIATIVES. SINCE 2006, WE HAVE BOTH BUILT OUR OWN PROGRAMMING TO ADDRESS A VARIETY OF IDENTIFIED LOCAL NEEDS AND HAVE FOSTERED, HOSTED, AND SPONSORED NUMEROUS OTHER INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LINK UP ILLINOIS PROVIDES FUNDING, TRAINING, AND TECHNICAL LSUPPORT TO FARMERS MARKETS FOOD COOPERATIVES, MOBILE MARKETS, CORNER STORES, AND OTHER VENUES SELLING LOCALLY GROWN PRODUCE TO IMPLEMENT LINK MATCH AT THEIR VENUES. LINK MATCH MATCHES THE VALUE OF SNAP/LINK PURCHASES, ALLOWING RECIPIENTS TO RECEIVE UP TO $25 OF FREE FRUITS AND VEGETABLES PER TRANSACTION AT FARMERS MARKETS AND $5 PER DAY IN GROCERY SETTINGS.
THE 61ST STREET FARMERS MARKET WAS CREATED IN 2008 TO BRING HEALTHY FOOD AND FOOD EDUCATION TO THE WOODLAWN COMMUNITY. A LEADER IN ILLINOIS IN SERVING A LOW-INCOME POPULATION, THE MARKET ACCEPTS SNAP/ILLINOIS 'LINK', DOUBLES THE VALUE OF SNAP/LINK PURCHASES WITH LINK MATCH, AND OFFERS YEAR-ROUND AT-MARKET, IN-SCHOOL, AFTER-SCHOOL, AND ADULT FOOD EDUCATION. IN 2022, THE 61ST STREET FARMERS MARKET OFFERED 25 OUTDOOR AND 10 INDOOR MARKET DAYS, PROVIDING ACCESS TO SOME OF THE HEALTHIEST FOODS IN THE REGION (GROWN AND PRODUCED BY MORE THAN 30 LOCAL GROWERS AND PRODUCERS) TO OVER 500 SNAP/LINK CLIENTS.
BLACKSTONE BICYCLE WORKS PROVIDES YOUTH EDUCATION IN A BIKE SHOP SETTING. IN 2022, BLACKSTONE BICYCLE WORKS OFFERED FREE MECHANIC TRAINING, FREE BICYCLES, INTERNSHIPS, COLLEGE AND CAREER ADVISING, AND COLLEGE/VOCATIONAL SCHOOL SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Friedman President | OfficerTrustee | 6 | $0 |
Emmitt House Vice President | OfficerTrustee | 6 | $0 |
Mulubwa Munkanta Treasurer | OfficerTrustee | 2 | $0 |
Beth Loeb Secretary | OfficerTrustee | 1 | $0 |
Mea Konopasek Secretary (left 9/22) | OfficerTrustee | 1 | $0 |
Steve Wiesenthal Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,503,494 |
| All other contributions, gifts, grants, and similar amounts not included above | $446,814 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,950,308 |
| Total Program Service Revenue | $240,315 |
| Investment income | $1,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,208,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,628,518 |
| 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. | $113,337 |
| Compensation of current officers, directors, key employees. | $20,666 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $574,210 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,833 |
| Payroll taxes | $74,992 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,767 |
| Advertising and promotion | $91,312 |
| Office expenses | $12,698 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $135,396 |
| Travel | $4,280 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,073 |
| Insurance | $29,421 |
| All other expenses | $44,312 |
| Total functional expenses | $3,305,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,111,242 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $261,842 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,765 |
| Prepaid expenses and deferred charges | $36,243 |
| Net Land, buildings, and equipment | $86,702 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,500,794 |
| Accounts payable and accrued expenses | $49,880 |
| Grants payable | $175,742 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $225,622 |
| Net assets without donor restrictions | $1,245,913 |
| Net assets with donor restrictions | $29,259 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,500,794 |
Grants Awarded
Over the last fiscal year, Experimental Station has awarded $1,582,877 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
URBAN GROWERS COLLECTIVE PURPOSE: SUPPORT FOR LOCAL FARMER'S MARKET | $21,000 |
GREEN CITY MARKET PURPOSE: SUPPORT FOR LOCAL FARMER'S MARKET | $65,000 |
CHICAGO MARKET - A COMMUNITY CO-OP PURPOSE: SUPPORT FOR LOCAL FARMER'S MARKET | $18,000 |
LOGAN SQUARE CHAMBER OF COMMERCE PURPOSE: SUPPORT FOR LOCAL FARMER'S MARKET | $34,500 |
STAR FARM CHICAGO PURPOSE: SUPPORT FOR LOCAL FARMER'S MARKET | $13,000 |
ANDERSONVILLE DEVELOPMENT CORPORATION PURPOSE: SUPPORT FOR LOCAL FARMER'S MARKET | $33,000 |