Ralla Klepak Performing Arts Foundation
- Assets
- $1.9m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2023
- EIN
- 84-3791888
Organization Overview
Ralla Klepak Performing Arts Foundation is located in Chicago, IL. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ralla Klepak Performing Arts Foundation 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, Ralla Klepak Performing Arts Foundation generated $5.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $5.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ralla Klepak Performing Arts Foundation has awarded 102 individual grants totaling $14,841,625. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miriam Solo Greenfield President | 30 | $150,000 | |
Christine Feldman Treasurer | 30 | $150,000 | |
Sharran R Greenburg Secretary | 30 | $75,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,392,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,392,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $375,000 |
| Other employee salaries and wages | $74,967 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,848 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,349 |
| Total operating and administrative expenses | $561,808 |
| Contributions, gifts, grants paid | $4,992,500 |
| Total expenses and disbursements | $5,554,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $966,478 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $950,000 |
| Other assets | $0 |
| Total assets | $1,916,478 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ralla Klepak Performing Arts Foundation has awarded $4,992,500 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
THE ARK PURPOSE: PROGRAM SUPPORT | $250,000 |
NCSY MID PURPOSE: PROGRAM SUPPORT | $150,000 |
WFMT PURPOSE: PROGRAM SUPPORT | $110,000 |
BLITSTEIN INSTITUTE PURPOSE: PROGRAM SUPPORT | $50,000 |
YACHAD CHICAGO PURPOSE: PROGRAM SUPPORT | $280,000 |
CHAI LIFELINE MIDWEST PURPOSE: PROGRAM SUPPORT | $410,000 |