Albany Park Theater Project
- Assets
- $1.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Chicago, IL
- Founding
- 08/1997
- Data as of
- 06/2021
- EIN
- 36-4125560
Organization Overview
Albany Park Theater Project is located in Chicago, IL. The organization was established in 1997. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2021, Albany Park Theater Project employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albany Park Theater Project 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 06/2021, Albany Park Theater Project generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ALBANY PARK THEATER PROJECT IS A MULTIETHNIC YOUTH THEATER ENSEMBLE THAT INSPIRES PEOPLE TO ENVISION A MORE JUST AND BEAUTIFUL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FREE, AFTER-SCHOOL THEATER CLASSES FOR 400 LOW-INCOME TEENS PER YEAR; PROVIDES FREE MENTORING AND TUTORING FOR LOW-INCOME TEENS; PROVIDES FREE COLLEGE ACCESS AND SUCCESS PROGRAM FOR LOW-INCOME TEENS; PRODUCES ORIGINAL THEATER BASED ON REAL-LIFE STORIES OF WORKING-CLASS CHICAGOANS; PERFORMS FOR UP TO 10,000 AUDIENCE MEMBERS; CURATES FREE PUBLIC PROGRAMS ON THEMES ADDRESSED IN PLAYS.
PROVIDES FREE, AFTER-SCHOOL THEATER CLASSES FOR 400 LOW-INCOME TEENS PER YEAR; PROVIDES FREE MENTORING AND TUTORING FOR LOW-INCOME TEENS; PROVIDES FREE COLLEGE ACCESS AND SUCCESS PROGRAM FOR LOW-INCOME TEENS; PRODUCES ORIGINAL THEATER BASED ON REAL-LIFE STORIES OF WORKING-CLASS CHICAGOANS; PERFORMS FOR UP TO 10,000 AUDIENCE MEMBERS; CURATES FREE PUBLIC PROGRAMS ON THEMES ADDRESSED IN PLAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David B Feiner Co-Executive Director | OfficerTrustee | 40 | $138,917 |
Alex M Curio Director Of Development | 40 | $104,912 | |
Reena R Bajowala President | OfficerTrustee | 2 | $0 |
Deborah Reznick Vice President | OfficerTrustee | 2 | $0 |
Miguel Rodriguez Secretary | OfficerTrustee | 2 | $0 |
Robert Hoyt Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $156,526 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,239,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,395,672 |
| Total Program Service Revenue | $31,380 |
| Investment income | $681 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,430,393 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $259,279 |
| Compensation of current officers, directors, key employees. | $28,478 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $332,865 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,083 |
| Payroll taxes | $43,904 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,301 |
| Fees for services: Accounting | $26,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,284 |
| Advertising and promotion | $8,376 |
| Office expenses | $55,875 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,130 |
| Travel | $2,479 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,690 |
| Insurance | $13,789 |
| All other expenses | $3,261 |
| Total functional expenses | $1,044,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,644 |
| Savings and temporary cash investments | $971,457 |
| Pledges and grants receivable | $435,640 |
| Accounts receivable, net | $5,090 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $290 |
| Net Land, buildings, and equipment | $89,174 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $675 |
| Total assets | $1,871,970 |
| Accounts payable and accrued expenses | $72,119 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $101,025 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $173,144 |
| Net assets without donor restrictions | $636,326 |
| Net assets with donor restrictions | $1,062,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,871,970 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Albany Park Theater Project has recieved totaling $51,000.
| Awarding Organization | Amount |
|---|---|
Michael D And Jolynn Blair Family Foundation Lombard, IL PURPOSE: PROMOTE THEATER ACTIVITIES, CHALLENGE GRANT | $50,000 |
Benjamin And Bettina Van Cleave Charitable Foundation Chicago, IL PURPOSE: CHARITABLE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maryhurst Inc Louisville, KY | $15,797,492 | $20,397,392 |
Warm Blankets Childrens Foundation Inc Rolling Meadows, IL | $1,863,043 | $8,239,243 |
Running Rebels Community Organization Inc Milwaukee, WI | $6,399,369 | $7,453,258 |
Kids Around The World Inc Rockford, IL | $3,875,247 | $5,941,547 |
Youth & Opportunity United Inc Evanston, IL | $12,497,971 | $3,232,601 |
Kidz Of Joy Learning Foundation Hazelwood, MO | $4,719,790 | $7,439,729 |
Crisis Nursery Urbana, IL | $5,150,005 | $1,857,536 |
Homework Hangout Club Decatur, IL | $500,272 | $1,621,582 |
Youth Crossroads Inc Berwyn, IL | $1,461,984 | $1,673,267 |
Chicago Youth Programs Inc Chicago, IL | $3,154,440 | $2,044,210 |
Bingham Child Guidance Clinic Inc Louisville, KY | $1,140,180 | $564,382 |
Renaissance Fund Nfp Chicago, IL | $7,571,363 | $384,217 |