Olive Tree Arts Network Nfp
- Assets
- $44.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/2016
- Data as of
- 08/2021
- EIN
- 81-3499678
Organization Overview
Olive Tree Arts Network Nfp is located in Chicago, IL. The organization was established in 2016. 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. Olive Tree Arts Network Nfp 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 08/2021, Olive Tree Arts Network Nfp generated $102.8k 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 (4.8%) each year. All expenses for the organization totaled $69.4k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
WE PROVIDED PROGRAMMING TO 8 SCHOOLS AND OVER 400 CHILDREN THROUGH THE CURRICULUM. OLIVE TREE ARTS NETWORK CONTINUED WORK ON DEVELOPING A REMOTE CURRICULUM. REVISIONS WERE MADE TO THE LEVEL MIDDLE SCHOOL CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Jones Board Chair | 1 | $0 | |
Michael Frazin Treasurer | 1 | $0 | |
Marshall Hatch Jr Director | 1 | $0 | |
Suzanne Sahloul Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,253 |
| Total Program Service Revenue | $14,519 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,772 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,696 |
| Professional fees and other payments to independent contractors | $2,538 |
| Occupancy, rent, utilities, and maintenance | $3,082 |
| Printing, publications, postage, and shipping | $110 |
| Other expenses | $7,945 |
| Total expenses | $69,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,096 |
| Other assets | $0 |
| Total assets | $43,971 |
| Total liabilities | $17,590 |
| Net assets or fund balances | $26,381 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Olive Tree Arts Network Nfp has recieved totaling $57,321.
| Awarding Organization | Amount |
|---|---|
Upstart Bay Area Oakland, CA PURPOSE: Innovator Payroll | $25,000 |
Upstart Bay Area Oakland, CA PURPOSE: Innovator Payroll | $25,000 |
Paypal Charitable Giving Fund Washington, DC | | $7,321 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Madam Walker Legacy Center Indianapolis, IN | $11,815,867 | $1,800,443 |
National Museum Of Mexican Art Chicago, IL | $19,674,194 | $15,502,542 |
Cityserve International Springfield, MO | $3,073,627 | $2,894,245 |
Instituto Cervantes Of Chicago Inc Chicago, IL | $741,739 | $2,489,461 |
The Alliance Francaise French House Of Chicago Chicago, IL | $5,091,056 | $2,088,000 |
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 |
Siouxland Expo Center Sioux City, IA | $20,203,719 | $764,942 |
Pella Historical Society Pella, IA | $6,258,526 | $1,077,939 |
Brookside Irish Fest Inc Kansas City, MO | $1,030,000 | $1,022,564 |