Sidley And Austin Fund For Kanoon Magnet School Inc is located in Chicago, IL. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sidley And Austin Fund For Kanoon Magnet School 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 07/2024, Sidley And Austin Fund For Kanoon Magnet School Inc generated $29.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $60.0k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 5 years. 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATION SUPPORT, ASSISTANCE AND SERVICES TO THE KANOON MAGNET SCHOOL THROUGH AFTER SCHOOL PROGRAMS FOR STUDENTS AND THE SCHOOL COMMUNITY, INCLUDING VIOLIN PROGRAMS, BOOK FAIR, AND OTHER EDUCATIONAL AND EXTRACURRICULAR ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John G Levi President & Director | 0.5 | $0 | |
Jenifer Wolf Vice President & Director | 0.5 | $0 | |
Kara L Mccall Treasurer, Secretary & Dir | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,624 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $291 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $29,915 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $59,966 |
Total expenses | $59,966 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $172,112 |
Other assets | $0 |
Total assets | $172,112 |
Total liabilities | $0 |
Net assets or fund balances | $172,112 |