Open The Circle
- Assets
- $148.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-2527647
Organization Overview
Open The Circle is located in Chicago, IL. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Open The Circle 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 12/2021, Open The Circle generated $103.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $50.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamal Oliver Vice President | 10 | $0 | |
Wills Glasspiegel Vice President | 10 | $0 | |
Delorth Stallworth Director | 0.5 | $0 | |
Janeca Holbrook Director | 0.5 | $0 | |
Jose Ochoa Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,492 |
| Total Program Service Revenue | $3,743 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,235 |
| 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 | $47,670 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $30 |
| Other expenses | $2,501 |
| Total expenses | $50,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,383 |
| Other assets | $0 |
| Total assets | $148,522 |
| Total liabilities | $0 |
| Net assets or fund balances | $148,522 |