Kval Nfp
- Assets
- $34.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sycamore, IL
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 81-0770782
Organization Overview
Kval Nfp is located in Sycamore, IL. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Kval Nfp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MONTHLY MEETINGS FOR MEMBERS TO SHARE ART AND LEARN NEW TECHNIQUES, ART CLASSES OFFERED TO THE PUBLIC, MANAGEMENT OF THE ANNUAL NORTHERN ILLINOIS ART SHOW, SCHOLARSHIPS PROVIDED TO LOCAL STUDENT ARTISTS, AND SUPPORT PROVIDED TO A VARIETY OF LOCAL SCHOOLS AND CHARITABLE ORGANIZATIONS IN THE FORM OF CASH GRANTS AND DONATED ART SUPPLIES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,281 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,212 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,152 |
| Total Revenue | $56,645 |
| 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 | $830 |
| Occupancy, rent, utilities, and maintenance | $22,350 |
| Printing, publications, postage, and shipping | $272 |
| Other expenses | $25,135 |
| Total expenses | $48,587 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,488 |
| Other assets | $0 |
| Total assets | $34,488 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,488 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kval Nfp has recieved totaling $17,809.
| Awarding Organization | Amount |
|---|---|
Dekalb County Community Foundation Sycamore, IL PURPOSE: GENERAL SUPPORT | $17,709 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Institute Of Chicago Evanston, IL | $11,276,124 | $7,011,364 |
Chicago Academy For The Arts Chicago, IL | $3,169,468 | $6,255,209 |
Frazier Academy Design Team Inc Chicago, IL | $0 | $3,133,368 |
Indianapolis Art Center Inc Indianapolis, IN | $17,635,206 | $3,948,601 |
Ingenuity Incorporated Chicago Chicago, IL | $7,892,105 | $6,208,550 |
Marwen Foundation Chicago, IL | $21,640,226 | $2,262,448 |
Urban Gateways Chicago, IL | $1,900,361 | $2,567,092 |
Indiana State School Music Association Inc Indianapolis, IN | $1,923,240 | $2,914,497 |
Wisconsin Foundaton For Educational Administration Inc Madison, WI | $1,928,269 | $1,830,497 |
Evanston Art Center And Market Evanston, IL | $5,253,080 | $1,872,951 |
Arts Of Life Chicago, IL | $862,987 | $1,651,270 |
Appalachian Artisan Center Of Kentucky Inc Hindman, KY | $4,477,331 | $761,854 |