FORWARD MOMENTUM CHICAGO

EIN: 464011034 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$1,448,733
Total Expenses
$1,132,380
Total Assets
$1,377,680
Net Assets
$1,244,888
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
IL
Principal Officer
PIERRE LOCKETT
Phone
7738440764
Tax Period
2024-07-01 to 2025-06-30

FORWARD MOMENTUM CHICAGO, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $316K, a strong 22% operating margin.

Mission

TO PROVIDE QUALITY DANCE EDUCATION PROGRAMS TO SCHOOLS AND COMMUNITIES WITH LIMITED ARTS ACCESS.

Program Service Accomplishments

Program 1
Expenses: $652,517 Revenue: $337,203

DANCE PROGRAMS TO NOT ONLY INCREASE DANCE SKILLS AND AWARENESS, BUT TO FOSTER CREATIVITY, CRITICAL THINKING, AND SOCIAL-EMOTIONAL LEARNING.FROM CLASSROOMRESIDENCIES TO FORMAL STUDIO TRAINING, THE...

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DANCE PROGRAMS TO NOT ONLY INCREASE DANCE SKILLS AND AWARENESS, BUT TO FOSTER CREATIVITY, CRITICAL THINKING, AND SOCIAL-EMOTIONAL LEARNING.FROM CLASSROOMRESIDENCIES TO FORMAL STUDIO TRAINING, THE ORGANIZATION OFFERS A VARIETY OF DANCEEXPERIENCES FOR ALL AGES AND ABILITY LEVELS.THE ORGANIZATION'S PROGRAM SERVICES CONSIST OF THE FOLLOWING:IN-SCHOOL AND AFTER SCHOOL PROGRAMS/SCHOOL PARTNERSHIPS -THE ORGANIZATION PARTNERSWITH SCHOOLS AND YOUTH SERVICE ORGANIZATIONS TO BUILD RESIDENCIES THAT ARE CUSTOMDESIGNED TO SERVE THE SCHOOLS, COMMUNITIES, AND STUDENTS TO ENSURE ENGAGING PROGRAMS.INSTRUCTORS TRAVEL INTO SCHOOLS AND COMMUNITIES TO BRING THE ARTS INTO COMMUNITIES WITH LIMITED ACCESS. INSTRUCTION IS TRAUMA-INFORMED, HEALING CENTERED, AND FOCUSED ON UTILIZING MOVEMENT AND DANCE TO IMPROVE SOCIAL EMOTIONAL LEARNING AND 21ST CENTURY SKILLS.THE ORGANIZATION ALSO PARTNERS WITH AFTER SCHOOL MATTERS TO PROVIDE YEAR-LONGPROGRAMMING IN THE DOWNTOWN AREA THROUGH AN ADVANCED APPRENTICESHIP THAT SUPPORTSCOLLEGE AND CAREER READINESS. IN THIS PROGRAM, HIGH SCHOOL STUDENTS THROUGHOUT THECITY MEET DOWNTOWN TO WORK AT FMC DANCE COLLABORATIVE AS A PART OF A DANCE COMPANY. THE FMC DANCE COLLABORATIVE IS MADE UP OF TWO SESSIONS DURING THE SCHOOL YEAR THATMEETS THREE TIMES A WEEK AFTER SCHOOL AND A SUMMER DANCE INTENSIVE THAT MEETS FORSEVEN WEEKS.SUMMER DANCE CAMP-THE ORGANIZATION PROVIDES TWO CAMPUSES FOR SUMMER DANCE CAMP ONEIN THE ENGLEWOOD NEIGHBORHOOD AND ONE IN THE AVONDALE NEIGHBORHOOD. EACH YEARHUNDREDS OF STUDENTS ATTEND CAMP FOR A FULL DAY OF INSTRUCTION IN BALLET, LATIN, HIP HOP, ANDMODERN/CONTEMPORARY DANCE. DURING THEIR TIME AT CAMP, STUDENTS ARE PROVIDED THE OPPORTUNITY TO GO ON WEEKLY FIELD TRIPS AND TO PERFORM THROUGHOUT THE CITY AT NAVY PIER AND 31ST STREET BEACH AMONG OTHER LOCATIONS BEFORE PRODUCING A FINAL SHOWCASE FOR FAMILIES. ATTENDEES TO THE ORGANIZATION'S CAMP RECEIVE DANCE ATTIRE, A FIELD TRIP UNIFORM, SNACKS, WATER, AND LUNCHES AS A PART OF THEIR REGISTRATION.SATURDAY CLASSES-STUDENTS FROM THE ORGANIZATION'S SUMMER CAMP AND SCHOOL PARTNERSHIPS ARE INVITED TO CONTINUE THEIR STUDY OF DANCE IN A MORE STRUCTURED STUDIO SETTING FREE-OF-CHARGE ON SATURDAYS. SATURDAY CLASS STUDENTS ATTEND CLASS WEEKLY AND ARE PROVIDED OPPORTUNITIES TO PERFORM THROUGHOUT THE CITY, SUCH AS AT THE ANNUAL ARTS IN THE DARK PARADE ON STATE STREET AND TO ATTEND PROFESSIONAL DANCE PERFORMANCES.

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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 $1,134,065
Program Service Revenue $337,203
Investment Income $4,947
Other Revenue $-27,482
TOTAL REVENUE $1,448,733

Expense Breakdown

Grants Paid $0
Salaries & Benefits $635,581
Fundraising Expenses $245,733
Program Expenses $652,517
Other Expenses $496,799
TOTAL EXPENSES $1,132,380

Year-over-Year Comparison

2024 2023 Change
Revenue $1,448,733 $1,156,861 +0.3%
Expenses $1,132,380 $1,465,018 -0.2%
Net Income $316,353 $-308,157 -2.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
10
Volunteers
15

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
$147,630
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PIERRE LOCKETT Executive Dir. 55.00
Officer
$138,348 $9,282 $147,630
KIMBERLY NORWOOD-INGRAM President 3.00
Officer Director
$0 $0 $0
CHRISTOPHER EGGER VP & INT. TREAS 3.00
Officer Director
$0 $0 $0
NANCY BAUER KRIVITZKY Secretary 3.00
Officer Director
$0 $0 $0
RENEE BEGY Director 1.00
Director
$0 $0 $0
EL SERUMAGA Director 1.00
Director
$0 $0 $0
KELLY V CARTER Director 1.00
Director
$0 $0 $0
DANA THOMAS Director 1.00
Director
$0 $0 $0
BRUCE COOK 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
2025 $1,448,733 $1,132,380 $1,377,680 $316,353
2024 No data No data No data No data
2024 $1,156,861 $1,465,018 $1,072,665 $-308,157
2023 $1,139,179 $1,378,621 $1,414,225 $-239,442
2022 $1,315,420 $1,008,422 $1,599,320 $306,998
2021 $898,609 $653,562 $1,300,760 $245,047
2020 $789,088 $709,167 $1,027,527 $79,921
2019 $861,387 $723,864 $873,577 $137,523
2018 $800,230 $625,426 $692,901 $174,804
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