Urban Mba Inc
- Assets
- $2.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-2200880
Organization Overview
Urban Mba Inc is located in Chicago, IL. The organization was established in 2018. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Mba 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 12/2021, Urban Mba Inc generated $83.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $80.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 4 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
THE ARTISTIC MBA CLASSES TEACH STRUGGLING ARTIST HOW TO BUILD A SOUND ARTIST PRACTICE AND BECOME FINANCIALLY INDEPENDENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erick Soderberg President | 40 | $64,260 | |
Leslie Soderberg Treasurer | 2 | $0 | |
Helma Smith Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,973 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,973 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,260 |
| Professional fees and other payments to independent contractors | $4,770 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $530 |
| Other expenses | $11,042 |
| Total expenses | $80,602 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,384 |
| Other assets | $0 |
| Total assets | $2,384 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,384 |