John Walt Foundation Inc is located in Chicago, IL. The organization was established in 2018. 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. John Walt Foundation 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, John Walt Foundation Inc generated $81.6k in total revenue. All expenses for the organization totaled $32.8k during the year ending 12/2021. While expenses have increased by 228.6% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
NONE MOMENT AT THIS TIME
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nachelle Pugh Executive Director | 40 | $15,353 | |
Crystal Harris Treasurer | 5 | $0 | |
Nicole Flores Secretary | 2 | $0 | |
Tahj Malik Chandler Artistic Director | 10 | $0 | |
Ella Mccann Board President | 5 | $0 | |
Jimmy Hood Director Of Outreach | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $98,368 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $156 |
Total Revenue | $81,572 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $15,353 |
Professional fees and other payments to independent contractors | $2,801 |
Occupancy, rent, utilities, and maintenance | $2,424 |
Printing, publications, postage, and shipping | $114 |
Other expenses | $12,020 |
Total expenses | $32,807 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $97,329 |
Other assets | $0 |
Total assets | $97,329 |
Total liabilities | $0 |
Net assets or fund balances | $97,329 |
Over the last fiscal year, we have identified 1 grants that John Walt Foundation Inc has recieved totaling $28.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
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 |