Midwest Aikido Center
- Assets
- $388.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/1984
- Data as of
- 12/2022
- EIN
- 36-2848182
Organization Overview
Midwest Aikido Center is located in Chicago, IL. The organization was established in 1984. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Aikido Center 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, Midwest Aikido Center generated $97.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $112.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TEACHING AND PROMOTING THE ART OF AIKIDO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Kedney President | 2 | $0 | |
Dimi Dimitrova Vice President | 2 | $0 | |
Steven Kopka Kopka Treasurer | 2 | $0 | |
Reagan Amman Secretary | 2 | $0 | |
Jennifer Kane Director | 2 | $0 | |
Dan Kuruna Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,320 |
| Total Program Service Revenue | $6,720 |
| Membership dues | $65,720 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,053 |
| Total Revenue | $97,813 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $985 |
| Occupancy, rent, utilities, and maintenance | $73,059 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $36,770 |
| Total expenses | $112,150 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,343 |
| Other assets | $0 |
| Total assets | $388,150 |
| Total liabilities | $80,312 |
| Net assets or fund balances | $307,838 |