WICI SONG & DANCE COMPANY

EIN: 363446544 501(c)(3)

CHICAGO, IL

Total Revenue
$83,465
Total Expenses
$86,660
Total Assets
$10,162
Net Assets
$5,688
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
IL
Principal Officer
MAGDALENA SOLARZ
Phone
7737274607
Tax Period
2021-09-01 to 2022-08-31

WICI SONG & DANCE COMPANY, founded in 1972, is a micro nonprofit that reported $83K in total revenue in fiscal year 2021. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

WICI'S PRIMARY MISSION AND PURPOSE IS TO PRESERVE AND PROMOTE POLISH CULTURE THROUGH SONG, DANCE, AND MUSIC BY TEACHING OUR CHILDREN AND YOUNG ADULTS IN A GROUP ENVIRONMENT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $82,277
Program Service Revenue $0
Investment Income $0
Other Revenue $1,188
TOTAL REVENUE $83,465

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,475
Fundraising Expenses $0
Program Expenses $69,860
Other Expenses $66,185
TOTAL EXPENSES $86,660

Year-over-Year Comparison

2021 2020 Change
Revenue $83,465 $68,293 +0.2%
Expenses $86,660 $64,729 +0.3%
Net Income $-3,195 $3,564 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
3
$3,750
Total Directors
6
$5,038
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAGDALENA SOLARZ PRESIDENT N/A
Officer Director
$0 $0 $0
LUCJA SZEUGA SECRETARY N/A
Officer Director
$0 $0 $0
MALGORZATA NOWAK FINANCE DIRE 3.00
Officer Director
$3,750 $0 $3,750
JUSTYNA LESZCZYNSKA DIRECTOR N/A
Director
$0 $0 $0
KINGA WOJDYKA DIRECTOR N/A
Director
$1,288 $0 $1,288
CLIFF WILLIAMS DIRECTOR N/A
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
2022 $83,465 $86,660 $10,162 $-3,195
2021 $68,293 $64,729 $12,107 $3,564
2020 $52,581 $55,006 $11,182 $-2,425
2019 $96,130 $95,750 $13,693 $380
2018 $111,397 $107,916 $12,963 $3,481
2017 $117,341 $125,177 $11,518 $-7,836
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