The mission of Cubs Charities is to mobilize the power of sport to champion youth, families, and communities. Cubs Charities achieves this through sports-based youth development and academic programming, investments in safe places to play, and strategic grantmaking. The vision of Cubs Charities is to be recognized locally and globally for its collective work to encourage the love of sport and contribute to a more unified and thriving Chicago, where all youth, families, and communities have an equal opportunity to achieve their highest potential both on and off the field.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Run by 151 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $205K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$407K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
25 mo
of spending, in cash
Looks good: 25.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $122K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$704K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.6M
+18% vs prior year
Spent
$5.8M
To programs
84%
Net assets
$12.6M
By yearFY2020–FY2024
Revenue
$5.6M
FY2024▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$4.1M
FY2022$4.2M
FY2023$4.8M
FY2024$5.6M
Expenses
$5.8M
FY2024▲ +69%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.8M
FY2021$3.6M
FY2022$3.4M
FY2023$3.4M
FY2024$5.8M
Net assets
$12.6M
FY2024▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$10.1M
FY2021$10.6M
FY2022$11.4M
FY2023$12.7M
FY2024$12.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $4.8M Management & general 11% · $658K Fundraising 5% · $289K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $407K paid to officers and key staff.

Part VII, Section A · reportable compensation
Deputy Director, Strategy and Programs
$159,166Pt VII · Sec A
Assistant Director of Development
$126,783Pt VII · Sec A
Assistant Director
$121,213Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023
Keri Blackwell$159,166—
Meredith Weber$126,783$51,241
Jennifer Dedes-Nowak$121,213—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Chicago Cubs Charities executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Mobilizes the power of sports to support Chicago youth and communities through academic programs, safe play spaces, and strategic grants for underserved populations.

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Provided by the organization

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1 program · $4.8M · in their own filed words · FY2024
01

Chicago cubs charities raises funds by means of banquets and athletic, music & other entertainment events, the 50/50 raffle, and proceeds from messages placed on the cubs video board. The revenue raised goes towards cubs charities direct programming for under-served children and youth across chicago and towards grants for other…

$4.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$122K
See all 3 funders →
Grants paid · 245 grants · $13.1M · 2020–2024
Robert R McCormick FoundationIL · FY2024$847,767
Brainup INCIL · FY2024$579,714
Stand Up to CancerCA · FY2024$210,143
Sportsfield INCFY2024$82,883
Good Sports INCMA · FY2024$60,000
Chicago Public SchoolsFY2024$50,000
The Leukemia & Lymphoma Society INCNY · FY2024$35,024
Prostate Cancer FoundationCA · FY2024$35,024
Urban Initiatives INCIL · FY2024$30,000
Temple Sholom of ChicagoIL · FY2024$25,000
St Alphonsus ChurchIL · FY2024$25,000
Saint Luke AcademyIL · FY2024$25,000
Saint Andrew SchoolIL · FY2024$25,000
See all 245 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.6M
Ln 12
Gifts and grantsLn 1h$3.8M
Other incomeLn 4–11$898K
Investment incomeLn 3$543K
Money outPt IX
$5.8M
Ln 25
Programscol B$4.8M
Managementcol C$658K
Fundraisingcol D$289K
Owns and owesPt X
$12.6M
net assets · Ln 32
Cash and savingsLn 1–2$12.2M
Total assetsLn 16$13.3M
LiabilitiesLn 26$704K
PeoplePt VI, VII
12
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.8M
Noncash giftsLn 1g$863K
Fundraising eventsLn 1c$1.4M
Fees for servicesLn 2g$348K
Investment incomeLn 3$543K
Other incomeLn 4–11$898K
Total revenueLn 12$5.6M
Assets in detailPt X, end of year
CashLn 1$535K
SavingsLn 2$11.6M
Cash and savings togetherLn 1–2$12.2M
Land, buildings, equipmentLn 10c$8K
Other assetsLn 15$401K
Total assetsLn 16$13.3M
LiabilitiesLn 26$704K
Net assetsLn 32$12.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6151
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$11.5M$12.2M
Land, buildings, equipmentLn 10c$8K$8K
Total assetsLn 16$14.3M$13.3M
LiabilitiesLn 26$1.6M$704K
Net assetsLn 32$12.7M$12.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.9M$2.9M
Pay of current officers, directors and key staffLn 5$159K$97K$24K$38K
Other salaries and wagesLn 7$776K$564K$82K$130K
Pension plan contributionsLn 8$67K$41K$10K$16K
Other employee benefitsLn 9$83K$51K$12K$20K
Payroll taxesLn 10$74K$46K$11K$18K
Legal feesLn 11b$37K$37K
Accounting feesLn 11c$37K$37K
Other fees for servicesLn 11g$719K$379K$310K$30K
Advertising and promotionLn 12$1K$1K
TravelLn 17$251K$242K$9K
Conferences, conventions and meetingsLn 19$125$125
Depreciation, depletion and amortizationLn 22$169$169
Other expenses (24a–d)Ln 24$445K$445K
All other expensesLn 24e$269K$106K$125K$38K
Total functional expensesLn 25$5.8M$4.8M$658K$289K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $5.6M$5.8M−$186K$12.6M 990 PDF
FY2023 $4.8M$3.4M$1.3M$12.7M 990 PDF
FY2022 $4.2M$3.4M$792K$11.4M 990 PDF
FY2021 $4.1M$3.6M$484K$10.6M 990 PDF
FY2020 $2.3M$5.8M−$3.4M$10.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $5,602,422 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,337,012$3,813,118
I-9 Program service revenuePrior year $283,103$347,981
I-10 Investment incomePrior year $384,066$543,433
I-11 Other revenuePrior year $756,727$897,890
I-12 Total revenuePrior year $4,760,908$5,602,422
I-13 Grants and similar amounts paidPrior year $1,709,741$2,868,853
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $418,368$1,159,264
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,306,464$1,760,095
I-18 Total expensesPrior year $3,434,573$5,788,212
I-19 Revenue less expensesPrior year $1,326,335−$185,790
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $5,602,422 across 10 lines filed
Lines not itemized here account for $1,506,168 of total revenue; see the IRS return.
VIII-1c Fundraising events$1,351,924
VIII-1d Related organizations$579,958
VIII-1f All other contributions, gifts and grants$1,881,236
VIII-1g Noncash contributions (included above)$863,202
VIII-1h Total contributions, gifts and grants$3,813,118
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $347,981$347,981
VIII-3 Investment incomeExcluded from tax $543,433$543,433
VIII-5 RoyaltiesExcluded from tax $123,322$123,322
VIII-8 Net income from fundraising eventsExcluded from tax −$731,600−$731,600
VIII-12 Total revenueRelated to mission $347,981 · Unrelated business $1,506,168 · Excluded from tax −$64,845$5,602,422
Part IX · Statement of functional expenses $5,788,212 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $2,868,853$2,868,853
IX-5 Pay of current officers, directors and key staffPrograms $97,489 · Management $23,875 · Fundraising $37,802$159,166
IX-7 Other salaries and wagesPrograms $563,872 · Management $82,112 · Fundraising $130,011$775,995
IX-8 Pension plan contributionsPrograms $40,792 · Management $9,990 · Fundraising $15,817$66,599
IX-9 Other employee benefitsPrograms $50,955 · Management $12,479 · Fundraising $19,758$83,192
IX-10 Payroll taxesPrograms $45,516 · Management $11,147 · Fundraising $17,649$74,312
IX-11b Legal feesManagement $37,018$37,018
IX-11c Accounting feesManagement $37,283$37,283
IX-11g Other fees for servicesPrograms $379,249 · Management $310,088 · Fundraising $29,897$719,234
IX-12 Advertising and promotionPrograms $1,000$1,000
IX-17 TravelPrograms $242,258 · Management $8,693$250,951
IX-19 Conferences, conventions and meetingsManagement $125$125
IX-22 Depreciation, depletion and amortizationManagement $169$169
IX-24 Other expenses (24a–d)Programs $445,090$445,090
IX-24e All other expensesPrograms $106,392 · Management $124,900 · Fundraising $37,933$269,225
IX-25 Total functional expensesPrograms $4,841,466 · Management $657,879 · Fundraising $288,867$5,788,212
Part X · Balance sheet $13,255,145 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $641,265$535,347
X-2 Savings and temporary cash investmentsStart of year $10,876,198$11,625,755
X-3 Pledges and grants receivableStart of year $840,076$663,842
X-4 Accounts receivableStart of year $8,047$0
X-9 Prepaid expenses and deferred chargesStart of year $252,020$21,986
X-10c Land, buildings and equipment, netStart of year $7,713$7,544
X-15 Other assetsStart of year $1,699,109$400,671
X-16 Total assetsStart of year $14,324,428$13,255,145
X-17 Accounts payable and accrued expensesStart of year $284,136$189,586
X-18 Grants payableStart of year $1,197,550$370,659
X-25 Other liabilitiesStart of year $105,523$143,471
X-26 Total liabilitiesStart of year $1,587,209$703,716
X-27 Net assets without donor restrictionsStart of year $11,434,234$11,432,706
X-28 Net assets with donor restrictionsStart of year $1,302,985$1,118,723
X-32 Total net assets or fund balancesStart of year $12,737,219$12,551,429
X-33 Total liabilities and net assetsStart of year $14,324,428$13,255,145
Part XI · Reconciliation of net assets $12,551,429 net assets at year end
XI-1 Total revenue$5,602,422
XI-2 Total expenses$5,788,212
XI-3 Revenue less expenses−$185,790
XI-4 Net assets at start of year$12,737,219
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$12,551,429

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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