Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
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
9 people listed on the 990; $234K paid to officers and key staff.
Malik Jackson’s $74K as Managing Director is at the 69th percentile of top reported officer pay among 2216 $100K–1M 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 · 6 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2022 |
|---|---|---|---|
| Malik Jackson | $73,846 | $20,608 | — |
| Jackie Serrato | $54,831 | $49,577 | — |
| Adam Przybyl | $54,423 | $48,146 | $38,281 |
| Hannah Faris | $50,954 | $51,308 | — |
| Jason Schumer | — | $33,731 | $50,192 |
| Damani Bolden | — | $34,865 | — |
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.
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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 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Publishes a newspaper fostering cultural engagement and developing new talent on Chicago's South Side.
Questions for South Side Weekly Nfp
Your first name shows with your question. South Side Weekly Nfp answers here, for everyone.
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Provided quality civic and arts coverage of the south side of chicago by producing and distributing (through both print and digital mediums) the south side weekly, a bi-weekly newspaper, free of charge and the hyde park herald, a weekly NEWSPAPER.EDUCATED and developed journalists, photographers, artists, and other media makers of…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $127K | $117K |
| Total assetsLn 16 | $576K | $430K |
| LiabilitiesLn 26 | $34K | $121K |
| Net assetsLn 32 | $542K | $308K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $237K | $178K | $25K | $33K |
| Other salaries and wagesLn 7 | $405K | $369K | $32K | $4K |
| Payroll taxesLn 10 | $47K | $39K | $5K | $3K |
| Accounting feesLn 11c | $30K | $30K | ||
| Other fees for servicesLn 11g | $170K | $133K | $28K | $9K |
| Advertising and promotionLn 12 | $2K | $1K | $1K | |
| Office expensesLn 13 | $39K | $31K | $6K | $2K |
| Information technologyLn 14 | $22K | $18K | $2K | $1K |
| OccupancyLn 16 | $9K | $8K | $987 | $536 |
| TravelLn 17 | $14K | $12K | $2K | $827 |
| Conferences, conventions and meetingsLn 19 | $3K | $3K | ||
| InsuranceLn 23 | $9K | $8K | $988 | $537 |
| Other expenses (24a–d)Ln 24 | $138K | $115K | $23K | |
| All other expensesLn 24e | $2K | $2K | ||
| Total functional expensesLn 25 | $1.1M | $912K | $161K | $54K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $1.1M | $1.1M | $42K | $542K | 990 PDF |
| FY2023 | Not on file | ||||
| FY2022 | $141K | $892K | −$751K | $75K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $892,736 revenue, 12 lines filed
Part VI · Governance 5 of 6 board members independent, no flags
Part VIII · Statement of revenue $892,736 across 6 lines filed
Part IX · Statement of functional expenses $1,126,749 across 14 lines filed
Part X · Balance sheet $429,794 assets, 14 lines filed
Part XI · Reconciliation of net assets $308,440 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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