CITY OF CHICAGO PIPE BAND

EIN: 510474151 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$56,785
Total Expenses
$64,581
Total Assets
$8,622
Net Assets
$8,622
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IL
Principal Officer
PATRICK LYNCH
Phone
7738756812
Tax Period
2025-01-01 to 2025-12-31

CITY OF CHICAGO PIPE BAND, founded in 2003, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $57K in total revenue in fiscal year 2025. Expenses of $65K exceeded revenue, resulting in a 14% operating deficit.

Mission

PUBLIC MUSIC PERFORMANCE. MAINTAIN A PIPE BAND FOR PUBLIC MUSIC PERFORMANCE

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $56,275
Investment Income $0
Other Revenue $510
TOTAL REVENUE $56,785

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $62,921
Other Expenses $64,581
TOTAL EXPENSES $64,581

Year-over-Year Comparison

2025 2024 Change
Revenue $56,785 $56,328 +0.0%
Expenses $64,581 $61,657 +0.0%
Net Income $-7,796 $-5,329 +0.5%
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
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT BREBNER VICE PRESIDE N/A
Director
$0 $0 $0
MICHAEL FORKAN TREASURER/SE N/A
Director
$0 $0 $0
PATRICK LYNCH PRESIDENT 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
2025 $56,785 $64,581 $8,622 $-7,796
2024 No data No data No data No data
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