Art Works Projects

EIN: 711049669 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$385,033
Total Expenses
$134,514
Total Assets
$492,899
Net Assets
$487,141
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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
2008
Legal Domicile
IL
Principal Officer
Bora Un
Phone
3126490025
Tax Period
2021-01-01 to 2021-12-31

Art Works Projects, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $385K in total revenue in fiscal year 2021. Revenue surged 159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $251K, a strong 65% operating margin.

Mission

Art Works Projects' mission is to use design and the arts to raise awareness of and educate the public about significant human rights issues.

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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 $383,640
Program Service Revenue $1,393
Investment Income $0
Other Revenue $0
TOTAL REVENUE $385,033

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $71,004
Fundraising Expenses $19,169
Program Expenses $78,596
Other Expenses $60,510
TOTAL EXPENSES $134,514

Year-over-Year Comparison

2021 2020 Change
Revenue $385,033 $148,887 +1.6%
Expenses $134,514 $115,092 +0.2%
Net Income $250,519 $33,795 +6.4%
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
9
Independent Members
9
Employees
3
Volunteers
11

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
$35,381
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bora Un Managing Dir. 25.00
Officer
$35,381 $0 $35,381
Martine Granby Co-Chair 1.00
Officer Director
$0 $0 $0
Alexandra von Hoffman Co-Chair 1.00
Officer Director
$0 $0 $0
Franco Turrinelli Treasurer 1.00
Officer Director
$0 $0 $0
Bekah Dickstein Director 1.00
Director
$0 $0 $0
Ivn Arenas Director 1.00
Director
$0 $0 $0
Sherwin Bryant Director 1.00
Director
$0 $0 $0
Howard Conant Director 1.00
Director
$0 $0 $0
Meggie Cramer Director 1.00
Director
$0 $0 $0
Lina Diaz Director 1.00
Director
$0 $0 $0
Leslie Thomas Ex-Oficio 1.00
Director
$0 $0 $0
Chad Sawyer Left FY21 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
2021 $385,033 $134,514 $492,899 $250,519
2019 $273,534 $121,421 $206,492 $152,113
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