Chicago Folks Operetta Nfp is located in Oak Park, IL. The organization was established in 2008. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Chicago Folks Operetta Nfp 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 12/2022, Chicago Folks Operetta Nfp generated $55.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $196.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
STAGED CHILDREN'S OPERETTAS WITH ORCHESTRA IN WHICH THE CHILDREN PERFORMED ALONGSIDE PROFESSIONAL SINGERS AND DANCERS. CHICAGO FOLKS OPERETTA ALSO PRESENTED NUMEROUS CONCERTS IN CHICAGO AND THE NEIGHBORING SUBURBS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald Frantzen Treasurer | 1 | $0 | |
Katherine Peterson Secretary | 1 | $0 | |
William Roberts Director | 1 | $0 | |
Hersh Glagov Director | 1 | $0 | |
Alison Kelly President | 1 | $0 | |
Corrine Yaccino Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $33,179 |
Total Program Service Revenue | $21,945 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $55,124 |
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 | $158,840 |
Occupancy, rent, utilities, and maintenance | $4,650 |
Printing, publications, postage, and shipping | $1,498 |
Other expenses | $31,083 |
Total expenses | $196,071 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,720 |
Other assets | $0 |
Total assets | $6,313 |
Total liabilities | $24,394 |
Net assets or fund balances | -$18,081 |