CHICAGO BALLET ARTS

EIN: 364020901 501(c)(3) Housing & Shelter

Evanston, IL

Total Revenue
$416,191
Total Expenses
$438,742
Total Assets
$317,871
Net Assets
$296,704
🔒

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
1995
Legal Domicile
IL
Principal Officer
Lynette Connell
Phone
8478596066
Tax Period
2024-08-01 to 2025-07-31

CHICAGO BALLET ARTS, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $416K in total revenue in fiscal year 2024.

Mission

COMMUNITY OUTREACH AND CLASSICAL BALLET PROGRAM

🔒

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 $22,264
Program Service Revenue $368,702
Investment Income $25,225
Other Revenue $0
TOTAL REVENUE $416,191

Expense Breakdown

Grants Paid $0
Salaries & Benefits $277,890
Fundraising Expenses $4,807
Program Expenses $342,400
Other Expenses $160,852
TOTAL EXPENSES $438,742

Year-over-Year Comparison

2024 2023 Change
Revenue $416,191 $419,358 0.0%
Expenses $438,742 $391,195 +0.1%
Net Income $-22,551 $28,163 -1.8%
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
5
Independent Members
5
Employees
25
Volunteers
54

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
$9,259
Total Directors
5
$9,259
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATTI EYLAR VICE PRESIDENT 0
Officer Director
$9,259 $0 $9,259
DEBRA CANNON TRUSTEE 0
Director
$0 $0 $0
LAURA LICHTER TRUSTEE 0
Director
$0 $0 $0
JOHN SPALDING TREASURER 0
Officer Director
$0 $0 $0
LYNETTE CONNELL PRESIDENT 0
Officer 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
2025 No data No data No data No data
2025 $416,191 $438,742 $317,871 $-22,551
2024 $419,358 $391,195 $372,547 $28,163
2023 $369,998 $373,425 $305,351 $-3,427
2022 $369,307 $359,642 $298,586 $9,665
2021 $320,433 $307,533 $323,880 $12,900
2019 $204,095 $193,195 $290,810 $10,900
2018 $222,716 $191,706 $279,711 $31,010
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHICAGO BALLET ARTS with other nonprofits in Illinois and across the country.