Chicago International Film Festival Inc Cinema-Chicago

EIN: 362545170 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$3,993,541
Total Expenses
$1,776,158
Total Assets
$2,659,408
Net Assets
$2,529,295
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
IL
Principal Officer
CHARLES DROEGE
Phone
3126830121
Tax Period
2024-01-01 to 2024-12-31

Chicago International Film Festival Inc Cinema-Chicago, founded in 1964, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.0M in total revenue in fiscal year 2024. Revenue surged 146% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 56% operating margin.

Mission

Cinema/Chicago, the non-profit 501(c)(3) presenting organization of the Chicago International Film Festival, enriches the community through year-round programming devoted to international and independent cinema. We strengthen communication and inspire empathy among people of diverse cultures through artistic, educational, and creative development programs that promote discovery and discussion and inspire new visions of our shared future.

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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 $2,839,629
Program Service Revenue $997,692
Investment Income $24
Other Revenue $156,196
TOTAL REVENUE $3,993,541

Expense Breakdown

Grants Paid $0
Salaries & Benefits $779,400
Fundraising Expenses $87,484
Program Expenses $1,429,202
Other Expenses $996,758
TOTAL EXPENSES $1,776,158

Year-over-Year Comparison

2024 2023 Change
Revenue $3,993,541 $1,623,282 +1.5%
Expenses $1,776,158 $1,601,341 +0.1%
Net Income $2,217,383 $21,941 +100.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
79
Volunteers
429

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
6
$82,769
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIVIAN TENG Executive Dir. 40.00
Officer
$82,769 $0 $82,769
CHARLES DROEGE Chairman 5.00
Officer Director
$0 $0 $0
Brenda Robinson Secretary 5.00
Officer Director
$0 $0 $0
Rohit Panikkar Treasurer 5.00
Officer Director
$0 $0 $0
Jacolyn Bucksbaum Exec. Member 5.00
Officer Director
$0 $0 $0
Mark Mitten Exec. Member 5.00
Officer Director
$0 $0 $0
Lee Blackwell Baur Director 1.00
Director
$0 $0 $0
Phil Clement Director 1.00
Director
$0 $0 $0
Les Coney Director 1.00
Director
$0 $0 $0
Frank Ballantine Director 1.00
Director
$0 $0 $0
Jon Harris Director 1.00
Director
$0 $0 $0
Michelle Hayward Director 1.00
Director
$0 $0 $0
Bill Melamed Director 1.00
Director
$0 $0 $0
Christopher Keogh Director 1.00
Director
$0 $0 $0
John Starkey Director 1.00
Director
$0 $0 $0
Steve Dolinsky Director 1.00
Director
$0 $0 $0
Joe Sciarotta Director 1.00
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 $3,993,541 $1,776,158 $2,659,408 $2,217,383
2023 $1,623,282 $1,601,341 $503,042 $21,941
2022 $1,512,994 $1,415,691 $505,239 $97,303
2021 $1,440,055 $1,124,539 $285,412 $315,516
2020 $938,385 $870,119 $137,761 $68,266
2019 $1,460,412 $1,357,251 $193,396 $103,161
2018 $1,430,917 $1,426,603 $148,537 $4,314
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