CHICAGO ARTS PARTNERSHIPS IN EDUCATION

EIN: 363969334 501(c)(3) Education

CHICAGO, IL

Total Revenue
$1,569,191
Total Expenses
$1,872,869
Total Assets
$1,335,276
Net Assets
$1,033,456
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IL
Principal Officer
TIM SLOMKA
Phone
3128706140
Tax Period
2024-07-01 to 2025-06-30

CHICAGO ARTS PARTNERSHIPS IN EDUCATION, founded in 1992, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 19% operating deficit.

Mission

CAPE INSPIRES STUDENTS THROUGH THE CREATIVE, COLLABORATIVE AND SOCIAL POTENTIAL OF THE ARTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,218,217
Program Service Revenue $326,277
Investment Income $7,136
Other Revenue $17,561
TOTAL REVENUE $1,569,191

Expense Breakdown

Grants Paid $0
Salaries & Benefits $554,087
Fundraising Expenses $78,449
Program Expenses $1,561,357
Other Expenses $1,294,582
TOTAL EXPENSES $1,872,869

Year-over-Year Comparison

2024 2023 Change
Revenue $1,569,191 $2,564,797 -0.4%
Expenses $1,872,869 $2,444,297 -0.2%
Net Income $-303,678 $120,500 -3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
7
Volunteers
25

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
5
$110,008
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYLE JOHNSON PRESIDENT 2.00
Officer Director
$0 $0 $0
KIRTI PARAKH VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ADAM ENGLE TREASURER 2.00
Officer Director
$0 $0 $0
WILLIAM ESTRADA SECRETARY 2.00
Officer Director
$0 $0 $0
LISA ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
CARRIE OLIVIA ADAMS DIRECTOR 1.00
Director
$0 $0 $0
RICHARD M ASSMUS DIRECTOR 1.00
Director
$0 $0 $0
NATHAN G ECHOLS II DIRECTOR 1.00
Director
$0 $0 $0
MEKIA HEARN DIRECTOR 1.00
Director
$0 $0 $0
OLIVIA MANNING DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA J NATHAN DIRECTOR 1.00
Director
$0 $0 $0
NEEL PANDYA DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY J SLOMKA DIRECTOR 1.00
Director
$0 $0 $0
KAT DELGADO DIRECTOR 1.00
Director
$0 $0 $0
RAMYA TALLAROVIC DIRECTOR 1.00
Director
$0 $0 $0
AMY RASMUSSEN EXECUTIVE DIRECTOR 40.00
Officer
$101,637 $8,371 $110,008
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
2025 $1,569,191 $1,872,869 $1,335,276 $-303,678
2024 No data No data No data No data
2023 $2,717,529 $2,674,783 $1,476,136 $42,746
2022 $2,780,346 $2,689,305 $1,136,349 $91,041
2021 $2,528,237 $2,401,439 $1,163,023 $126,798
2020 $1,546,413 $1,766,022 $913,559 $-219,609
2019 $1,734,867 $1,574,856 $1,124,319 $160,011
2018 $1,359,118 $1,356,270 $910,558 $2,848
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHICAGO ARTS PARTNERSHIPS IN EDUCATION with other nonprofits in Illinois and across the country.