John Walt Foundation Inc is located in Chicago, IL. The organization was established in 2018. 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. John Walt Foundation 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 12/2023, John Walt Foundation Inc generated $123.8k in total revenue. All expenses for the organization totaled $123.4k during the year ending 12/2023. While expenses have increased by 166.1% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
NONE MOMENT AT THIS TIME
NONE MOMENT AT THIS TIME
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nachelle Pugh Executive Director | 20 | $0 | |
Tahj Saba Malik Chandler Creative Director/cofounder | 20 | $0 | |
Jenna Brandon Board President | 2 | $0 | |
Crystal Harris Treasurer | 2 | $0 | |
James Dombro Member | 1 | $0 | |
Jimmy Hood Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,763 |
| 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 | $123,763 |
| 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 | $47,271 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,945 |
| Other expenses | $73,227 |
| Total expenses | $123,443 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,157 |
| Other assets | $0 |
| Total assets | $104,707 |
| Total liabilities | $376 |
| Net assets or fund balances | $104,331 |