Eta Creative Arts Foundation in Chicago, Illinois (IL)

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Eta Creative Arts Foundation
Employer Identification Number (EIN)237157694
Name of OrganizationEta Creative Arts Foundation
Address7558 S South Chicago Ave, Chicago, IL 60619-2644
ActivitiesCultural performances, Other instruction and training
SubsectionEducational Organization
Ruling Date12/1971
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 Period12/2013
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$5,324,685
Amount of Income$1,016,458
Form 990 Revenue Amount$968,657
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Theater


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Amount of income in 2013: $1,016,458
Eta Creative Arts Foundation: 

 $1,016,458
Other organizations performing similar types of work: 

 $152,552

Assets in 2013: $5,324,685
This organization: 

 $5,324,685
Other organizations performing similar types of work: 

 $147,528

Expenses in 2012: $1,051,981
This organization: 

 $1,051,981
Other organizations performing similar types of work: 

 $149,497

Income to expenses ratio in 2012: 1.0
Eta Creative Arts Foundation: 

 1.0
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 70.7%
This organization: 

 70.7%
Other organizations performing similar types of work: 

 80.3%

Number of employees in 2012: 7
Eta Creative Arts Foundation: 

 7
Other organizations performing similar types of work: 

 7

Grants share in income in 2012: 37.3%
Eta Creative Arts Foundation: 

 37.3%
Other organizations performing similar types of work: 

 39.0%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
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 2012)
Total revenue$580,392
Contributions, Gifts, Grants and Other Similar Amounts$216,425
Program Service Revenue$380,853
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$59
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net loss from fundraising events$-45,290
Gross income from fundraising events$0
Less: direct expenses$45,290
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$28,345
Statement of Functional Expenses (for 2012)
Total functional expenses$1,051,981
Compensation of current officers, directors, trustees, and key employees$64,572
Other salaries and wages$298,805
Payroll taxes$28,320
Professional fundraising services$0
Other$660,284
Balance Sheet (for 2012)
Total assets$5,296,418
Total liabilities$333,239
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$199,194
Unsecured notes and loans payable to unrelated third parties$0
Other$134,045
Total net assets or fund balances$4,963,179
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
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 2012)
2008 - 2012 Total
Total Support$2,345,582
Gifts, grants, contributions, and membership fees received$2,345,087
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$495
Gross receipts from related activities, etc.$1,975,531
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$1,675,534$3,647,434$1,180,024$1,363,231$1,055,616$1,076,502$1,253,955$1,232,945
Contributions, gifts, grants, and similar amounts received$1,073,083$3,069,615$546,874$703,088$403,207$463,774$537,905$661,918
Contributions to donor advised funds$0$0
Direct public support$692,863$949,895$488,444$632,242$327,342$371,449$405,074$590,337
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$380,220$2,119,720$58,430$70,846$75,865$92,325$132,831$71,581
Program service revenue including government fees and contracts$462,474$483,525$519,410$542,835$559,710$540,743$597,232$556,742
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$51,427$0$0$0$0$425$474$0
Dividends and interest from securities$0$0$0$0$0$0$0$762
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$73,403$74,146$82,483$80,015$15,863$27,138$81,800$113
Gross revenue$143,702$137,861$140,530$139,884$85,701$95,537$155,991$77,803
Less: direct expenses other than fundraising expenses$70,299$63,715$58,047$59,869$69,838$68,399$74,191$77,690
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$15,147$20,148$31,257$37,293$76,836$44,422$36,544$13,410
Total expenses$1,153,742$1,103,111$1,166,545$1,194,550$1,251,998$1,183,315$1,259,347$1,165,765
Program services$1,008,310$1,002,654$1,036,761$1,009,564$1,094,456$952,722$935,104$823,772
Management and general$145,432$100,457$129,784$184,986$157,542$230,593$324,243$341,993
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$2,850,504$5,299,706$5,174,244$5,624,702$5,584,443$5,598,725$5,861,174$6,147,509
Excess or (deficit) for the year$521,792$2,544,323$13,479$168,681$-196,382$-106,813$-5,392$67,180
Net assets or fund balances at beginning of year$2,542,780$2,850,504$5,299,706$5,174,244$5,624,702$5,584,443$5,598,725$5,861,174
Other changes in net assets or fund balances$-214,068$-95,121$-138,941$281,777$156,123$121,095$267,841$219,155
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$1,165,765$823,772$341,993$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$64,572$32,286$32,286$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$250,299$102,095$148,204$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$31,131$13,286$17,845$0
Professional fundraising fees$0$0$0$0
Accounting fees$9,949$7,959$1,990$0
Legal fees$0$0$0$0
Supplies$28,005$19,603$8,402$0
Telephone$42,674$34,139$8,535$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$59,019$47,215$11,804$0
Printing and publications$0$0$0$0
Travel$21,390$17,112$4,278$0
Conferences, conventions, and meetings$0$0$0$0
Interest$18,638$0$18,638$0
Depreciation, depletion, etc.$33,428$0$33,428$0
Other expenses not covered above$606,660$550,077$56,583$0
Balance Sheets
20002001200220032004200520062007
Total assets$3,210,977$5,654,742$5,474,560$5,906,343$5,836,476$5,922,269$6,094,552$6,448,073
Cash - non-interest-bearing$261,028$381,154$955,421$2,515,119$2,502,003$2,218,343$1,488,708$515,049
Savings and temporary cash investments$1,089,616$1,157,386$2,562,829$1,145,639$1,233,441$1,282,798$1,426,528$1,539,034
Accounts receivable less allowance for doubtful accounts$0$0$0$0$39,346$0$0$0
Pledges receivable less allowance for doubtful accounts$100,000$42,500$42,500$156,950$126,200$150,700$145,875$286,833
Grants receivable$851,224$3,115,586$857,628$1,031,773$908,875$950,395$1,066,135$1,099,703
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$9,555$0$0$11,873$13,079$14,338$12,576$12,530
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$899,553$958,116$1,056,182$1,044,989$1,013,532$1,305,695$1,954,730$2,994,924
Other assets, including program-related investments$0$0$0$0$0$0$0$0
Total liabilities$360,473$355,036$300,316$281,641$252,033$323,544$233,378$300,564
Accounts payable and accrued expenses$29,438$24,187$38,826$11,322$19,179$10,214$15,931$17,863
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$331,035$330,849$261,490$270,319$232,854$313,330$217,447$282,701
Other liabilities$0$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$3,210,977$5,654,742$5,474,560$5,906,343$5,836,476$5,922,269$6,094,552$6,448,073
Total net assets or fund balances$2,850,504$5,299,706$5,174,244$5,624,702$5,584,443$5,598,725$5,861,174$6,147,509
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$1,675,534$3,647,434$1,180,024$1,363,231$1,055,616$1,076,502$1,253,955$1,232,945
Total revenue, gains, and other support per audited financial statements$1,820,264$3,700,028$1,186,630$1,780,877$1,349,577$1,364,996$1,690,987$1,634,790
Other expenses$144,731$52,594$6,606$417,646$293,961$288,494$437,032$401,845
Net unrealized gains on investments$18,432$-95,121$-138,941$281,777$156,123$121,095$267,841$219,155
Donated services and use of facilities$56,000$84,000$87,500$76,000$68,000$99,000$95,000$105,000
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$70,299$63,715$58,047$59,869$69,838$68,399$74,191$77,690
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$1,153,742$1,103,111$1,166,545$1,194,550$1,251,998$1,183,315$1,259,347$1,165,765
Total expenses and losses per audited financial statements$1,280,041$1,250,826$1,312,092$1,330,419$1,389,836$1,350,714$1,428,538$1,348,455
Other revenue$126,299$147,715$145,547$135,869$137,838$167,399$169,191$182,690
Donated services and use of facilities$56,000$84,000$87,500$76,000$68,000$99,000$95,000$105,000
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$70,299$63,715$58,047$59,869$69,838$68,399$74,191$77,690
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$64,572$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings18
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20066
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$762$570,265
Program service revenue
Program service revenue 1000000$000$0$556,742
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$762$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$113
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$13,410
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$52,817$0$0
$52,817$0$0
$52,817$0$0
$52,817$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003200420052006
Total$1,441,885$1,615,628$1,504,288$3,496,029$1,134,506$1,213,082$1,048,939$1,172,155
Gifts, grants, and contributions received$913,019$1,086,580$1,000,615$2,945,362$554,378$576,536$463,774$537,905
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$435,158$462,474$483,525$519,410$542,835$559,710$540,743$597,232
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$80,318$51,427$0$0$0$0$0$474
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$13,390$15,147$20,148$31,257$37,293$76,836$44,422$36,544
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Timeline Theatre Company, Tiedemann Pat615 W Wellington Ave, Chicago, IL 60657-5305IL1998-04$1,726,890
2Storycatchers Theatre544 W Oak Streetsuite 1005, Chicago, IL 60610IL1984-06$590,740
3Springfield Municipal Opera AssociationPO BOX 2255, Springfield, IL 62705-2255IL1952-08$473,413
4The Hypocrites4201 N Ravenswood Ave Ste 105, Chicago, IL 60613-1171IL1998-06$442,974
5Teatro Vista Theatre With A View Inc2936 N Southport Ave Suite 210, Chicago, IL 60657-4120IL1993-06$225,866
6Springfield Theatre Centre420 S 6th St, Springfield, IL 62701-1808IL1950-08$211,202
7Stage Coach PlayersPO BOX 511, Dekalb, IL 60115-0511IL1993-04$171,039
8Stage 212 IncorporatedPO BOX 198, La Salle, IL 61301-0198IL1977-11$128,954
9Setting The Stage402 E Hawthorne St, Arlington Hts, IL 60004-5622IL1998-03$125,140
10The Prop Theater Group3502 N Elston Ave # 04, Chicago, IL 60618-5618IL1996-01$113,768
11Stage Left Theatre1541 W Belmont Ave, Chicago, IL 60657-3107IL1983-01$93,665
12Tellin Tales TheatreMary T Lomnicki 360 E Randolph, Chicago, IL 60601IL1997-04$87,879
13Theatre Bam1126 Harvard Ter, Evanston, IL 60202-3309IL1993-10$83,181
14Summer PlacePO BOX 2394, Naperville, IL 60567-2394IL1974-06$77,913
15Seanachai Theatre Company1530 S State St Apt 801, Chicago, IL 60605-2979IL1998-04$77,839
16Winnetka Theater Inc620 Lincoln Ave, Winnetka, IL 60093-2308IL1996-08$76,424
17Theatre 7Po Box 972, Decatur, IL 62525-0972IL1966-05$54,155
18The Jackson County Stage Company IncPO BOX 463, Carbondale, IL 62903-0463IL1983-11$53,648
19Shakespeare Marionette Company2228 Beechwood Ave, Wilmette, IL 60091-1508IL1998-08$43,000
20Scrap Mettle Soul Jean Carlson4750 N Sheridan Rd Ste 375, Chicago, IL 60640-7511IL1997-10$22,952
Number of organizations performing similar types of work
Alaska10
Alabama15
Arkansas9
Arizona17
California250
Colorado32
Connecticut39
District of Columbia11
Delaware8
Florida82
Georgia35
Hawaii8
Iowa25
Idaho8
Illinois90
Indiana44
Kansas11
Kentucky25
Louisiana18
Massachusetts70
Maryland31
Maine17
Michigan54
Minnesota44
Missouri29
Mississippi10
Montana7
North Carolina40
North Dakota6
Nebraska13
New Hampshire15
New Jersey62
New Mexico15
Nevada4
New York224
Ohio60
Oklahoma21
Oregon46
Pennsylvania94
Rhode Island11
South Carolina26
South Dakota6
Tennessee14
Texas102
Utah10
Virginia38
Vermont16
Washington57
Wisconsin41
West Virginia6
Wyoming2
International5
Total1,933

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