Overview
What is Chicago Literary Club?
The Chicago Literary Club is a nonprofit organization situated in the heart of Chicago, Illinois, specifically at 111 North Wabash Ave STE 100. Its primary objective is to serve as a platform for individuals with a passion for writing, where they can present original essays on various topics, ranging from literary to historical and cultural interests. These weekly meetings, held from October to May, attract approximately 50 attendees consisting of both members and guests. Throughout the year, the Club organizes around 32-33 such gatherings. This organization's mission is to foster a public forum where members can share their self-selected essay topics, encouraging both writing and listening skills among its members.
Official website here: www.chilit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. The Chicago Literary Club demonstrates a strong commitment to accountability and finance, reflected in its single beacon score. The high score indicates effective management and transparency within the organization.
One of the organization's notable strengths is its fully independent board, consisting of 100% independent members, which enhances governance and decision-making processes. Additionally, the club has shown no material diversion of assets, maintaining a low liabilities to assets ratio of just 0.08%, showcasing its financial stability. The program expense ratio of 76.38% indicates that a significant portion of its funds is directed toward its programs, aligning with best practices in nonprofit financial management.
While the organization performs well in several areas, the overall rating of three stars suggests there is still room for improvement in other aspects not captured by the current evaluation criteria. Maintaining a strong focus on program effectiveness and broader community impact could elevate its standing further in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Literary Club legitimate?
Chicago Literary Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Literary Club 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.
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Official website here: www.chilit.org
What is the mission statement of Chicago Literary Club?
The Chicago Literary Club serves as a platform, providing a public space for members with an interest in writing to share original essays on a range of topics, including literature, history, and general culture. Its mission is centered around fostering an environment where members can present their own essays and engage in listening to the works of their fellow members. These weekly meetings, occurring from October to May, attract both members and guests, typically drawing an audience of approximately 50 individuals per program. Throughout the year, the club hosts around 32-33 such events, offering a platform for the exchange and appreciation of diverse perspectives and literary talents.
Official website here: www.chilit.org
Who is the CEO of Chicago Literary Club?
John L Tuohy is the President of Chicago Literary Club.
Official website here: www.chilit.org
What is the revenue of Chicago Literary Club?
Chicago Literary Club's revenue in 2023 was $169,413.
Official website here: www.chilit.org
Who are the executives of Chicago Literary Club and what are their salaries?
There 30 volunteers at Chicago Literary Club.
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Official website here: www.chilit.org
Where can I find the form 990 for Chicago Literary Club?
Chicago Literary Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chilit.org
Learn more at the official website: www.chilit.org
Mission Statement of Chicago Literary Club
The Chicago Literary Club serves as a platform, providing a public forum for individuals with a passion for writing. The mission of this esteemed organization is to encourage its members to pen original essays on topics of their choice, spanning literary, historical, or general cultural interest. During weekly meetings, held from October through May, members present their essays to an audience consisting primarily of fellow members and guests. The Chicago Literary Club typically hosts around 32-33 meetings annually, offering a platform for its members to showcase their literary talents and engage in insightful discussions with their peers.
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Impact
October, 2024
The Chicago Literary Club plays a significant role in fostering a vibrant literary community through its weekly meetings, which run from October through May. At these gatherings, members present original essays on a diverse array of topics encompassing literary, historical, and cultural interests. This unique platform not only allows members to express their thoughts and creativity but also cultivates an environment of intellectual exchange and critical discourse.
With an audience of around 50, each meeting becomes a dynamic forum for exploring ideas and sharing insights, enriching the cultural fabric of Chicago. The Club serves as a nurturing space for writers to develop their craft, receive feedback, and engage in meaningful conversations with fellow enthusiasts. By providing this avenue for creative expression and discussion, the Chicago Literary Club significantly contributes to the city’s arts landscape and encourages a deeper appreciation for literature and cultural dialogue.
This information is meant to be a general summary of Chicago Literary Club. 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 2023.
- Investment Income: $17,902
- Program Service Revenue: $13,194
- Gross Receipts: $169,413
Assets and Liabilities:
- Total Assets: $682,070
- Total Liabilities: $550
- Net Assets: $681,520
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member programs
Revenue
$13,194
Organization Details
Founding Year
1905
Phone
(847) 251-1400Principal Officer
John L Tuohy
Main Address
111 North Wabash Ave STE 100, Chicago, IL, 60602
Website
www.chilit.orgNTEE Category
Code: A03 - Arts
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