Chilimania Inc
- Assets
- $495.9k
- Revenue
- $234.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Edgerton, WI
- Founding
- 04/2003
- Data as of
- 12/2023
- EIN
- 75-3088121
Organization Overview
Chilimania Inc is located in Edgerton, WI. The organization was established in 2003. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Chilimania 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 12/2023, Chilimania Inc generated $234.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.6% each year . All expenses for the organization totaled $102.5k during the year ending 12/2023. While expenses have increased by 36.2% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HOLD A COMMUNITY FESTIVAL TO PROMOTE THE EDGERTON BUSINESS COMMUNITY, SOCIAL RESPONSIBILITY AND TO RAISE FUNDS TO SUPPORT THE EDUCATION OF OUR YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY FESTIVAL INTENDED TO RAISE FUNDS TO SUPPORT THE EDUCATION OF OUR YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Schmeling President | OfficerTrustee | 5 | $0 |
Jessica Osborne Secretary | OfficerTrustee | 5 | $0 |
Cassie Devries Vice President | OfficerTrustee | 5 | $0 |
Thomas Reitz Treasurer | OfficerTrustee | 5 | $0 |
Mark Tate Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $50,148 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,324 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,472 |
| Total Program Service Revenue | $0 |
| Investment income | $3,616 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $74,347 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,940 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,716 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,189 |
| Office expenses | $1,629 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $253 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,432 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,425 |
| All other expenses | $0 |
| Total functional expenses | $102,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,583 |
| Savings and temporary cash investments | $1,458 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,647 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,823 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $165,352 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $495,863 |
| Accounts payable and accrued expenses | $20,696 |
| 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 | $20,696 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $475,167 |
| Total liabilities and net assets/fund balances | $495,863 |
Grants Awarded
Over the last fiscal year, Chilimania Inc has awarded $34,200 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EDGERTON HIGH SCHOOL PURPOSE: TO SUPPORT OUR EDUCATION SYSTEM | $24,200 |
YOUTH LIFE BUILDERS FOUNDATION OF SOUTHEASTERN WISCONSIN INC PURPOSE: TO SUPPORT YOUTH IN THE EDGERTON COMMUNITY | $10,000 |