Arts 4 Students Organization EIN 46-5618079

Arts 4 Students Organization

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Inspires youth toward excellence using the arts. For fiscal year 2022 it reported $266K in revenue, $292K in expenses, and $14K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Chicago, IL
Filings
3 on file (2020–2022)
Revenue
$266KFY2022
Expenses
$292K
Net assets
$14K
People
5
Filings
3
Updates
0
More identity details & actions ⌄
EIN  46-5618079 Public charity (501(c)(3)) Chicago, IL
Form 990 (PDF)
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Size
$100K–1M
What they do
Inspires youth toward excellence using the arts.
Leadership
Williams Cloyd · Assistant Secretary
Money in and out
$266K revenue, $292K expenses
Bottom line
68% program efficiency
Where the money goes · FY2022
Total revenue
$266K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$14K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.32
Program efficiency
68%
of spending reaches programs▼ -23% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate▼ -75% vs prior filing year
Surplus margin
-10%
revenue over expenses, this year▼ -633% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$266K
FY2022▼ -72%
Expenses
$292K
FY2022▼ -69%
Total assets
$19K
FY2022▼ -32%
Total liabilities
$5K
FY2022▲ +143%
Total revenue
$266K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$14K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$19K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

2 program services account for $200K of program spending, described in the organization's own filed words · FY2022.
01

Provided after school programs for students in the community and as part of the program we feed over 10,300 students per month

$200Kprogram expense
02

Provided acting and stage performance training for over 300 students each was involved in 0 doe COVID

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArts 4 Students Organization
EINHdr · item D46-5618079
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFMay 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Assistant Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$266K
Total revenueLn 12$266K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.32
Program services68%$200K
Management & general32%$92K
Total functional expensesLn 25$292K

Balance Sheet

Part X · end of year
CashLn 1$2K
Total assetsLn 16$19K
Total liabilitiesLn 26$5K
Total net assetsLn 32$14K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2K · Operating expenses/yr $292K
0.1 months
Where the money goes
Program services
Program services $200K · Total expenses $292K
68%
Management & General
Management & general $92K · Total expenses $292K
32%
Fundraising
Fundraising $0 · Total expenses $292K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $266K
0%
Government reliance
Government grants — · Total revenue $266K
Earned-income share
Program service revenue $266K · Total revenue $266K
100%
Investment reliance
Investment income $0 · Total revenue $266K
0%
Program self-sufficiency
Program service revenue $266K · Total expenses $292K
91%
Growth & trend
Revenue growth (YoY)
This year $266K · Prior year $962K
-72%
Net-asset trend (YoY)
End of year $14K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $266K · Expenses $292K
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $19K
Net-asset ratio
Net assets $14K · Total assets $19K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $19K
0%
People & payroll
Highest Reported Total Compensation
Individual Williams Cloyd · Reported title Assistant Secretary · Highest reported compensation $0 · Total expenses $292K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $292K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 32%
Revenue growth -72%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.1%
Fundraising fee ratio 0%

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.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$266K revenue · viewing · ⤓ 990 PDF
FY2021$962K revenue · ⤓ 990 PDF
FY2020$914K revenue · ⤓ 990 PDF

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Sources

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