Open The Circle
- Assets
- $148.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-2527647
Organization Overview
Open The Circle is located in Chicago, IL. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Open The Circle 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, Open The Circle generated $103.2k 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 $50.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 4 years. 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 |
|---|---|---|---|
Jamal Oliver Vice President | 10 | $0 | |
Wills Glasspiegel Vice President | 10 | $0 | |
Delorth Stallworth Director | 0.5 | $0 | |
Janeca Holbrook Director | 0.5 | $0 | |
Jose Ochoa Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,492 |
| Total Program Service Revenue | $3,743 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,235 |
| 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 | $47,670 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $30 |
| Other expenses | $2,501 |
| Total expenses | $50,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,383 |
| Other assets | $0 |
| Total assets | $148,522 |
| Total liabilities | $0 |
| Net assets or fund balances | $148,522 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Open The Circle has recieved totaling $25,150.
| Awarding Organization | Amount |
|---|---|
Field Foundation Of Illinois Inc Chicago, IL PURPOSE: LEADERS FOR A NEW CHICAGO | $25,000 |
Ford Foundation New York, NY PURPOSE: MATCHING GIFT | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Puerto Rican Cultural Center Chicago, IL | $9,175,566 | $9,769,703 |
United States Artists Inc Chicago, IL | $40,639,117 | $6,830,121 |
Center Of Creative Arts Saint Louis, MO | $22,497,336 | $9,712,696 |
Bertha D Garten Ketcham Memorial Center Inc Odon, IN | $9,035,091 | $6,675,118 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
Kranzberg Arts Foundation St Louis, MO | $18,112,007 | $6,602,930 |
The Center For The Performing Arts Inc Carmel, IN | $11,269,434 | $4,631,898 |
American College Of Occupational And Environmental Medicine Elk Grove Village, IL | $5,115,240 | $3,683,433 |
Winnetka Community House Winnetka, IL | $15,269,238 | $4,423,430 |
Association Of American Voices Saint Louis, MO | $696,688 | $3,487,679 |
Brucemore Inc Cedar Rapids, IA | $18,035,244 | $1,902,736 |