Commonwealth Foundation Collective
- Assets
- $29.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2015
- Data as of
- 12/2023
- EIN
- 47-2228539
Organization Overview
Commonwealth Foundation Collective is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Commonwealth Foundation Collective 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 12/2023, Commonwealth Foundation Collective generated $198.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $169.6k during the year ending 12/2023. While expenses have increased by 23.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A Coleman Executive Director | 40 | $0 | |
J Wylie Program Coordinator | 30 | $0 | |
T Miller Manager | 30 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
J Mckinney | 12/30/21 | $0 |
R Feggins | 12/30/21 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,525 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,525 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1 |
| Professional fees and other payments to independent contractors | $94,602 |
| Occupancy, rent, utilities, and maintenance | $64,968 |
| Printing, publications, postage, and shipping | $5,000 |
| Other expenses | $0 |
| Total expenses | $169,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,954 |
| Other assets | $0 |
| Total assets | $28,954 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,954 |