Overview
What is League Of Chicago Theatres Foundation?
The League of Chicago Theatres Foundation, located at 17 N WABASH 520, Chicago, IL 60602, is a nonprofit organization dedicated to promoting theatre arts in the city of Chicago. Its primary mission is to increase public interest and appreciation for theatre through grantmaking and fundraising efforts. The foundation supports the work of the League of Chicago Theatres, furthering their objectives in the local theatre community.
Official website here: www.chicagoplays.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The League Of Chicago Theatres Foundation has achieved an impressive 97% score, reflecting strong performance in accountability and finance. This high rating is based entirely on its fiscal practices, demonstrating a solid commitment to transparency and responsible management of resources. The foundation's majority independent board and high percentage of program expenses indicate effective governance and prioritization of mission-driven activities.
The organization excels in various metrics, including having no material diversion of assets and a very low liabilities-to-assets ratio, which showcases its financial stability. Additionally, the foundation maintains comprehensive policies in place regarding conflicts of interest and whistleblowing, further enhancing its credibility and operational integrity.
While the rating highlights numerous strengths, ongoing monitoring will be essential to ensure that these standards are consistently met and that the organization continues to effectively serve its mission within the community. Overall, the League Of Chicago Theatres Foundation stands out as a reputable and well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is League Of Chicago Theatres Foundation legitimate?
League Of Chicago Theatres Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. League Of Chicago Theatres Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,950
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Official website here: www.chicagoplays.com
What is the mission statement of League Of Chicago Theatres Foundation?
The League of Chicago Theatres Foundation supports the work of the League of Chicago Theatres primarily through grantmaking and fundraising. Its mission is geared towards increasing public awareness, interest, and appreciation for the theatre arts within the city. The organization serves as a catalyst, advocating for the artistic and cultural significance of theatrical productions and fostering a thriving theatre community. The Foundation's activities contribute to the growth and vitality of the theatre industry in Chicago, ultimately enriching the cultural landscape for both locals and visitors.
Official website here: www.chicagoplays.com
Who is the CEO of League Of Chicago Theatres Foundation?
Heidi Thompson Saunders is the Chair of League Of Chicago Theatres Foundation.
Official website here: www.chicagoplays.com
What is the revenue of League Of Chicago Theatres Foundation?
League Of Chicago Theatres Foundation's revenue in 2022 was $813,254.
Official website here: www.chicagoplays.com
Who are the executives of League Of Chicago Theatres Foundation and what are their salaries?
There 8 volunteers at League Of Chicago Theatres Foundation.
Here are 9 key members and their salaries:
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Official website here: www.chicagoplays.com
Where can I find the form 990 for League Of Chicago Theatres Foundation?
League Of Chicago Theatres Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicagoplays.com
Learn more at the official website: www.chicagoplays.com
Mission Statement of League Of Chicago Theatres Foundation
The League of Chicago Theatres Foundation plays a crucial role in supporting the work of the League of Chicago Theatres through grantmaking and fundraising. Its mission is geared towards increasing public awareness, interest, and appreciation for the theatre arts in the city of Chicago. By providing financial backing and raising funds, the foundation contributes significantly to the theatre scene in Chicago, fostering its growth and promoting its value within the community. The organization's activities aim to elevate the theatre arts, ensuring they remain a vibrant and integral part of the city's cultural landscape.
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Impact
October, 2024
The League of Chicago Theatres Foundation plays a pivotal role in enhancing the theatrical landscape of Chicago. By facilitating grantmaking and fundraising efforts, the foundation provides essential support for local theatre companies, enabling them to thrive and innovate. Its initiatives significantly increase public awareness and appreciation for the theatre arts, fostering a vibrant cultural environment in the city. Through its work, the foundation cultivates interest in diverse theatrical productions, encourages community engagement, and strengthens the overall impact of the arts in Chicago.
This information is meant to be a general summary of League Of Chicago Theatres Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $241
- Gross Receipts: $813,254
Assets and Liabilities:
- Total Assets: $3,728,649
- Total Liabilities: $5,000
- Net Assets: $3,723,649
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Organization Details
Founding Year
1975
Phone
(312) 554-9800Principal Officer
Heidi Thompson Saunders
Main Address
17 N WABASH 520, CHICAGO, IL, 60602
Website
www.chicagoplays.comNTEE Category
Code: A120 - Arts
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