Chicago Cultural Center Foundation, C-O Terry E Newman in Chicago, Illinois (IL)

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Chicago Cultural Center Foundation, C-O Terry E Newman
Employer Identification Number (EIN)363856541
Name of OrganizationChicago Cultural Center Foundation
Secondary NameC-O Terry E Newman
In Care of NameChi Cultural Center Foundati
Address78 E Washington Street 2nd Floor, Chicago, IL 60602-4801
ActivitiesFundraising, Discussion groups, forums, panels lectures, etc.
SubsectionCharitable Organization
Ruling Date05/1993
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,015,524
Amount of Income$671,017
Form 990 Revenue Amount$671,017
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts, Culture, and Humanities (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$671,017
Contributions, Gifts, Grants and Other Similar Amounts$641,639
Program Service Revenue$25,846
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$3,532
Statement of Functional Expenses (for 2011)
Total functional expenses$1,112,754
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$1,112,754
Balance Sheet (for 2011)
Total assets$1,015,524
Total liabilities$98,270
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$98,270
Total net assets or fund balances$917,254
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$8,691,470
Gifts, grants, contributions, and membership fees received$8,691,470
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$702,081
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