Urban Gateways FY2022 filing

Chicago, IL · Public charity (501(c)(3)) · Arts & Culture

✓ Tax-deductible
Revenue
$2.8M
+9% vs prior year
Spent
$2.1M
To programs
63%
Net assets
$2.2M
By yearFY2020–FY2024
Revenue
$2.8M
FY2022▲ +9%
Revenue by fiscal year
FY2020$2.3M
FY2021$2.6M
FY2022$2.8M
FY2023$1.7M
FY2024$1.5M
Expenses
$2.1M
FY2022▼ -7%
Expenses by fiscal year
FY2020$2.4M
FY2021$2.3M
FY2022$2.1M
FY2023$2.1M
FY2024$2.6M
Net assets
$2.2M
FY2022▲ +44%
Net assets by fiscal year
FY2020$1.2M
FY2021$1.5M
FY2022$2.2M
FY2023$1.8M
FY2024$744K

From the FY2022 Form 990 (year ending August 2022) · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2024 — 3 yrs ago
Legal name (IRS)Hdr · item CUrban Gateways
EINHdr · item D36-6083080
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 1964
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CChicago, IL
NTEE classificationIRS BMFArts & Culture (A250)
WebsiteHdr · item Jwww.urbangateways.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.21 Fundraising $0.16
Program services63%$1.3M
Management & general21%$444K
Fundraising16%$343K
Total functional expensesLn 25$2.1M

Financial health

Is it on solid ground?

Program efficiency
63%
of spending reaches programs
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$2.3M
FY2022▲ +21%
Total assets by fiscal year
FY2020$1.7M
FY2021$1.9M
FY2022$2.3M
FY2023$2.0M
FY2024$1.0M
Total liabilities
$107K
FY2022▼ -71%
Total liabilities by fiscal year
FY2020$434K
FY2021$374K
FY2022$107K
FY2023$235K
FY2024$293K
Revenue less expensesPt I · Ln 19$671K
Total assetsPt X · Ln 16$2.3M
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 423

Balance Sheet

Part X · end of year
CashLn 1$637K
Total assetsLn 16$2.3M
Total liabilitiesLn 26$107K
Total net assetsLn 32$2.2M
Months of cash on handcomputed3.6

Statement of Revenue

Part VIII
Contributions & grants$2.4M · 86%
Program service revenue$390K · 14%
Contributions & grants86%$2.4M
Program service revenue14%$390K
Investment income$54
— government grantsLn 1e$341K
Total revenueLn 12$2.8M

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $637K · Operating expenses/yr $2.1M
3.6 months
Where the money goes
Program services
Program services $1.3M · Total expenses $2.1M
63%
Management & General
Management & general $444K · Total expenses $2.1M
21%
Fundraising
Fundraising $343K · Total expenses $2.1M
16%
Cost to raise $1
Fundraising expense (3-yr avg) $386K · Solicited contributions (3-yr avg) $1.9M
$0.20 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.4M · Total revenue $2.8M
86%
Government reliance
Government grants $341K · Total revenue $2.8M
12%
Earned-income share
Program service revenue $390K · Total revenue $2.8M
14%
Investment reliance
Investment income $54 · Total revenue $2.8M
<0.01%
Program self-sufficiency
Program service revenue $390K · Total expenses $2.1M
18%
Growth & trend
Revenue growth (YoY)
This year $2.8M · Prior year $2.6M
+9%
Net-asset trend (YoY)
End of year $2.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.8M · Expenses $2.1M
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $2.3M
—
Net-asset ratio
Net assets $2.2M · Total assets $2.3M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eric Delli Bovi · Reported title PRESIDENT & CEO · Highest reported compensation $154K · Total expenses $2.1M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.2M · Total expenses $2.1M
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%——
Overhead ratio 21%——
Fundraising cost ratio 14%——
Revenue growth 9%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President & CEO
$153,754Pt VII · Sec A
Chief Development Officer
$98,438Pt VII · Sec A
$95,440Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Lesle Honore’s $156K as Chief Executive Officer is at the 69th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lesle Honore$156,262$156,196———
Eric Delli Bovi—$45,157$153,754$154,124$153,944
Sherre Jennings Cullen$99,089$99,099$98,438——
John W Adams$96,590$96,950$95,440$95,440$95,410

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 Urban Gateways executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 23Voting board membersPt VI · Ln 1a
  • 23Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Inspires creativity and social change through youth arts engagement.

Provided by the organization

This section is blank until Urban Gateways claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

3 program services account for $1.3M of program spending, described in the organization's own filed words · FY2021.
01

Urban gateways provides residencies, student apprentice programs and artists fellowships which include community service. Programs are delivered on-site as well as off-site to over 50 schools and community locations throughout chicago.

$1.0Mprogram expense
02

School assembly programs, immersion workshops and student matinees are brought to over 200 schools throughout chicago and its suburbs.

$250Kprogram expense
03

Urban gateways provides out-of-school hours programs on-site in centrally located schools for chicago's most underserved communities.

$54Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$3K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $1.5M$2.6M-12% 990 PDF
FY2023 $1.7M$2.1M-40% 990 PDF
FY2022 Viewing $2.8M$2.1M+9% 990 PDF
FY2021 $2.6M$2.3M+14% 990 PDF
FY2020 $2.3M$2.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Urban Gateways →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.