Free Street Programs Inc
- Assets
- $416.1k
- Revenue
- $350.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Chicago, IL
- Founding
- 02/1974
- Data as of
- 08/2023
- EIN
- 36-2772922
Organization Overview
Free Street Programs Inc is located in Chicago, IL. The organization was established in 1974. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Free Street Programs Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Street Programs Inc 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 08/2023, Free Street Programs Inc generated $350.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $347.1k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FREE STREET THEATER CREATES AFFORABLE, INCLUSIVE AND INNOVATIVE THEATER IN COMMUNITIES ACROSS CHICAGO SEEKING NEW AND EFFECTIVE WAYS TO CHALLENGE RACIAL AND ECONOMIC SEGREGATION THROUGH THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEATER: THE ORGANIZATION WORKS WITH PEOPLE ACROSS CHICAGO TO CREATE AN ORIGINAL ENSEMBLE PERFORMANCE THAT TELLS THE COMPLICATED STORIES OF THE CITY. THE ORGANIZATION CREATES 6-8 SHOWS PER YEAR THAT ARE PERFORMED IN PULASKI PARK, BACK OF THE YARDS, PUBLIC PARKS AND COMMUNITY CENTERS. THESE SHOWS ARE MADE BY RESIDENT ENSEMBLES OR ARTISTS-IN-RESIDENCE THROUGH THE IN-HOUSE PROGRAM.
ARTS EDUCATION: THE ORGANIZATION TRAINS YOUTH AGES 5-24 IN WRITING, ACTING, ENSEMBLE AND CRITICAL THINKING SKILLS. THE ORGANIZATION HAS TWO RESIDENT YOUTH ENSEMBLES AND OPERATES A PARK PROGRAM FOR KIDS AGES 5-12 AT PULASKI PARK.
COMMUNITY ENGAGEMENT: THE ORGANIZATION OFFERS A WIDE RANGE OF WORKSHOPS, CLASSES AND TRAINING FOR PEOPLE OF ALL AGES TO DEVELOP THEIR SKILLS AS ARTISTS AND CHANGE-MAKERS. THE ORGANIZATION OFFERS THESE WORKSHOPS FOR FREE AT COMMUNITY CENTERS OR IN HOMES IN PULASKI PARK AND BACK OF THE YARDS. LOCATED AT 43RD AND ASHLAND IN CHICAGO, THE ORGANIZATION OFFERS ITS STORYFRONT AS A HUB FOR PERFORMANCE, CULTURAL EVENTS AND COMMUNITY STORYTELLING. THE ORGANIZATION ALSO SPECIALIZES IN BRINGING PEOPLE TOGETHER TO DISCUSS DIFFICULT ISSUES IN FUN, COMPLICATED AND DEEPLY HUMAN WAYS THROUGH FREE STREET TALK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katrina Dion Executive Dir. | Officer | 40 | $61,091 |
Caroline Oboyle President | OfficerTrustee | 2 | $0 |
Lillian Gorman Secretary | OfficerTrustee | 2 | $0 |
Tricia Hersey Director | Trustee | 1 | $0 |
Aaron Aptaker Director | Trustee | 1 | $0 |
Rachel Caidor Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $291,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $321,547 |
| Total Program Service Revenue | $24,141 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,552 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $350,638 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $61,091 |
| Compensation of current officers, directors, key employees. | $4,869 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,690 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,114 |
| Payroll taxes | $10,764 |
| 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 | $43,214 |
| Advertising and promotion | $1,786 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,184 |
| Travel | $4,991 |
| 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 | $6,750 |
| Insurance | $5,135 |
| All other expenses | $19,841 |
| Total functional expenses | $347,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,797 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $169,933 |
| Accounts receivable, net | $7,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,363 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,000 |
| Other assets | $0 |
| Total assets | $416,093 |
| Accounts payable and accrued expenses | $19,587 |
| Grants payable | $0 |
| 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 | $19,587 |
| Net assets without donor restrictions | $264,206 |
| Net assets with donor restrictions | $132,300 |
| 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 | $416,093 |