Interaction Initiative Inc
- Assets
- $32.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/2015
- Data as of
- 12/2020
- EIN
- 47-3592997
Organization Overview
Interaction Initiative Inc is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interaction Initiative 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 12/2020, Interaction Initiative Inc generated $133.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $111.5k during the year ending 12/2020. While expenses have increased by 15.0% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deandra C Cadet Founder | 28 | $26,827 | |
Edithstein J Choglueck Officer | 28 | $17,500 | |
Iliana Figueroa Co-Director | 30 | $16,662 | |
Ariana Steele Co-Director | 30 | $10,194 | |
Lucas Garcia President | 3 | $0 | |
Udochi Esomonu Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,145 |
| Total Program Service Revenue | $11,150 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,295 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,134 |
| Professional fees and other payments to independent contractors | $5,334 |
| Occupancy, rent, utilities, and maintenance | $180 |
| Printing, publications, postage, and shipping | $121 |
| Other expenses | $25,773 |
| Total expenses | $111,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,120 |
| Other assets | $0 |
| Total assets | $32,120 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,120 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Interaction Initiative Inc has recieved totaling $63,000.
| Awarding Organization | Amount |
|---|---|
Crossroads Fund Chicago, IL PURPOSE: General operations | $53,000 |
Chicago Foundation For Women Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
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Blackhawk Area Cu Savanna, IL | $44,108,339 | $1,720,364 |
Puerto Rican Arts Alliance Chicago, IL | $5,828,545 | $2,540,329 |
The National Museum Of Puerto Rican Arts And Culture Chicago, IL | $8,152,716 | $2,503,474 |
Hispanic-American Construction Industry Association Chicago, IL | $735,168 | $1,371,038 |
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