THE EXPERIMENTAL STATION C/O CONNIE SPREEN

EIN: 320017985 501(c)(3) Community Improvement

CHICAGO, IL

Total Revenue
$3,071,505
Total Expenses
$3,261,695
Total Assets
$1,560,262
Net Assets
$1,454,176
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IL
Principal Officer
CONSTANCE SPREEN
Phone
7732416044
Tax Period
2024-01-01 to 2024-12-31

THE EXPERIMENTAL STATION C/O CONNIE SPREEN, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $3.1M in total revenue in fiscal year 2024.

Mission

THE EXPERIMENTAL STATION WAS ORGANIZED TO PROMOTE, ENCOURAGE AND FOSTER INNOVATIVE EDUCATIONAL AND CULTURAL INITIATIVES OF ALL GENRES, INCLUDING BUT NOT LIMITED TO ART AND DESIGN, INNOVATIVE EDUCATIONAL MODELS, FOOD, AND ALTERNATIVE MEDIA AND JOURNALISM.

Program Service Accomplishments

Program 1
Expenses: $2,166,159 Revenue: $107,300

LINK UP ILLINOIS PROVIDES FUNDING, TRAINING, AND TECHNICAL SUPPORT TO FARMERS MARKETS FOOD COOPERATIVES, MOBILE MARKETS, CORNER STORES, AND OTHER VENUES SELLING LOCALLY GROWN PRODUCE TO IMPLEMENT...

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LINK UP ILLINOIS PROVIDES FUNDING, TRAINING, AND TECHNICAL SUPPORT TO FARMERS MARKETS FOOD COOPERATIVES, MOBILE MARKETS, CORNER STORES, AND OTHER VENUES SELLING LOCALLY GROWN PRODUCE TO IMPLEMENT LINK MATCH AT THEIR VENUES. LINK MATCH MATCHES THE VALUE OF SNAP/LINK PURCHASES,ALLOWING RECIPIENTS TO RECEIVE UP TO $25 OF FREE FRUITS AND VEGETABLES PER TRANSACTION AT FARMERS MARKETS AND $5 PER DAY IN GROCERY SETTINGS.

Program 2
Expenses: $266,440 Revenue: $23,648

THE 61ST STREET FARMERS MARKET WAS CREATED IN 2008 TO BRING HEALTHY FOOD AND FOOD EDUCATION TO THE WOODLAWN COMMUNITY. A LEADER IN ILLINOIS IN SERVING A LOW-INCOME POPULATION, THE MARKET ACCEPTS...

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THE 61ST STREET FARMERS MARKET WAS CREATED IN 2008 TO BRING HEALTHY FOOD AND FOOD EDUCATION TO THE WOODLAWN COMMUNITY. A LEADER IN ILLINOIS IN SERVING A LOW-INCOME POPULATION, THE MARKET ACCEPTS SNAP/ILLINOIS 'LINK', DOUBLES THE VALUE OF SNAP/LINK PURCHASES WITH LINK MATCH, AND OFFERS YEAR-ROUND AT-MARKET, IN-SCHOOL, AFTER-SCHOOL, AND ADULT FOOD EDUCATION.

Program 3
Expenses: $279,208 Revenue: $82,015

BLACKSTONE BICYCLE WORKS PROVIDES YOUTH EDUCATION IN A BIKE SHOP SETTING. BLACKSTONE BICYCLE WORKS OFFERS FREE MECHANIC TRAINING, FREE BICYCLES, INTERNSHIPS, COLLEGE AND CAREER ADVISING, AND...

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BLACKSTONE BICYCLE WORKS PROVIDES YOUTH EDUCATION IN A BIKE SHOP SETTING. BLACKSTONE BICYCLE WORKS OFFERS FREE MECHANIC TRAINING, FREE BICYCLES, INTERNSHIPS, COLLEGE AND CAREER ADVISING, AND COLLEGE/VOCATIONAL SCHOOL SCHOLARSHIPS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,845,853
Program Service Revenue $212,963
Investment Income $8,948
Other Revenue $3,741
TOTAL REVENUE $3,071,505

Expense Breakdown

Grants Paid $1,485,767
Salaries & Benefits $983,293
Fundraising Expenses $198,381
Program Expenses $2,711,807
Other Expenses $792,635
TOTAL EXPENSES $3,261,695

Year-over-Year Comparison

2024 2023 Change
Revenue $3,071,505 $3,197,963 0.0%
Expenses $3,261,695 $3,073,469 +0.1%
Net Income $-190,190 $124,494 -2.5%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
8
Employees
21
Volunteers
80

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$126,858
Total Directors
10
$126,858
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN FRIEDMAN PRESIDENT 6.00
Officer Director
$0 $0 $0
EMMITT HOUSE VICE PRESIDENT 6.00
Officer Director
$0 $0 $0
MULUBWA MUNKANTA TREASURER 2.00
Officer Director
$0 $0 $0
BETH LOEB DIRECTOR 0.25
Director
$0 $0 $0
STEVE WIESENTHAL DIRECTOR 0.25
Director
$0 $0 $0
CORLISS KING DIRECTOR 0.25
Director
$0 $0 $0
JILL INGRASSIA DIRECTOR 0.25
Director
$0 $0 $0
RICHARD WRIGHT DIRECTOR 0.25
Director
$0 $0 $0
CONSTANCE SPREEN EXECUTIVE DIRECTOR 40.00
Officer Director
$109,168 $17,690 $126,858
DAN PETERMAN DIRECTOR 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,071,505 $3,261,695 $1,560,262 $-190,190
2023 $3,197,963 $3,073,469 $2,011,911 $124,494
2022 $3,208,325 $3,305,824 $1,500,794 $-97,499
2021 $2,920,468 $2,164,971 $1,624,397 $755,497
2020 $2,377,855 $2,427,289 $888,026 $-49,434
2019 $1,652,499 $1,694,623 $789,981 $-42,124
2018 $1,721,751 $1,678,433 $769,406 $43,318
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