nonprofit logo

Arts & Business Council Of Chicago

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363376861 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Arts & Business Council Of Chicago?

The Arts & Business Council of Chicago is a distinguished nonprofit organization based in Chicago, Illinois. Their primary focus lies in training individuals to become exceptional leaders on the boards of directors for local arts organizations. They offer comprehensive programs and labs that cover various aspects of arts management and best practices. Their flagship initiative, Business Volunteers for the Arts (BVA), serves to bolster the operational efficiency of nonprofit arts institutions while simultaneously enhancing the professional growth of business professionals through skills-based volunteering. With a team of four dedicated individuals, the Arts & Business Council of Chicago is committed to fostering leadership development and excellence in the intersection of arts and business within Chicago.


Official website here: www.artsbiz-chicago.org

Is Arts & Business Council Of Chicago legitimate?

Arts & Business Council Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arts & Business Council Of Chicago 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: $84,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,723

For more financial information, click here


Official website here: www.artsbiz-chicago.org

What is the mission statement of Arts & Business Council Of Chicago?

The Arts & Business Council of Chicago's mission is centered around fostering leadership and enhancing excellence in the intersection of arts and business. They achieve this by providing training for individuals aiming to become effective leaders on nonprofit arts organization boards. Additionally, they offer educational labs focusing on various arts management topics and best practices. Their flagship program, Business Volunteers for the Arts, boosts the organizational capacity and effectiveness of not-for-profit arts and cultural institutions, while simultaneously improving the professional skills of participating business professionals in their workplaces.


Official website here: www.artsbiz-chicago.org

Who is the CEO of Arts & Business Council Of Chicago?

Kristin Larsen is the Executive Dir. of Arts & Business Council Of Chicago.


Official website here: www.artsbiz-chicago.org

What is the revenue of Arts & Business Council Of Chicago?

Arts & Business Council Of Chicago's revenue in 2022 was $205,789.


Official website here: www.artsbiz-chicago.org

Who are the executives of Arts & Business Council Of Chicago and what are their salaries?

The average compensation at Arts & Business Council Of Chicago during 2022 was $36,020. There are 4 employees and 69 volunteers at Arts & Business Council Of Chicago.


Here are 9 key members and their salaries:


Kristin Larsen (Executive Dir.)
  • Compensation: $84,355
  • Related: $0
  • Other: $0
Robyn Wheeler (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Trussell (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Elbert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simi Gambhir (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Farran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meida Teresa Mcneal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roche Schulfer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Brennan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.artsbiz-chicago.org

Where can I find the form 990 for Arts & Business Council Of Chicago?

Arts & Business Council Of Chicago's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.artsbiz-chicago.org

Learn more at the official website: www.artsbiz-chicago.org

Mission Statement of Arts & Business Council Of Chicago

The Arts & Business Council of Chicago's mission is centered around fostering leadership and driving excellence in the intersection of arts and business within the city. This organization plays a significant role in developing highly capable individuals who can serve as valuable assets on the boards of directors for various nonprofit arts organizations. Additionally, the Arts & Business Council of Chicago offers educational programs known as labs, covering a wide array of arts management topics and best practices.

One of the council's flagship initiatives is the Business Volunteers for the Arts (BVA) program. This program serves dual purposes, enhancing the organizational capacity and effectiveness of not-for-profit arts and cultural institutions while simultaneously improving the corporate performance of participating business professionals through skills-based volunteering. By engaging in such volunteering activities, these business professionals can contribute their unique skills and expertise to the arts sector, ultimately benefiting both the nonprofit organizations and themselves.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Arts & Business Council of Chicago plays a pivotal role in enhancing the intersection of arts and business within the city. Through its targeted training programs, the organization cultivates a new generation of leaders equipped for board positions in nonprofit arts organizations, ensuring that these institutions benefit from skilled governance.

Its educational labs provide a platform for professionals to engage with a variety of arts management topics, promoting the sharing of best practices and fostering a culture of continuous improvement within the arts sector.

One of its flagship initiatives, Business Volunteers for the Arts (BVA), directly strengthens nonprofit arts and cultural institutions by leveraging the skills of business professionals. This program not only enhances the organizational capacity and effectiveness of these institutions but also enriches the corporate workplace experience for volunteers, creating a mutually beneficial relationship that elevates both the arts and business communities in Chicago.

Overall, the Council's efforts are vital in developing leadership, driving excellence, and ensuring a vibrant arts landscape that is well-supported by the business sector.




This information is meant to be a general summary of Arts & Business Council Of Chicago. 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.

Revenue
$205,789 (2022)
Expenses
$235,066 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8
  • Program Service Revenue: $6,050
  • Gross Receipts: $205,789

Assets and Liabilities:

  • Total Assets: $194,619
  • Total Liabilities: $110,376
  • Net Assets: $84,243

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Fees

Revenue

$6,050

Organization Details

Founding Year

1985

Principal Officer

Kristin Larsen

Main Address

4725 North Rockwell Street, Chicago, IL, 60625

NTEE Category

Code: A90 - Arts

If you are a representative of Arts & Business Council Of Chicago and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.