CHICAGO UNDERGROUND NFP CORPORATION

EIN: 881544399 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$117,716
Total Expenses
$116,350
Total Assets
$13,236
Net Assets
$13,236
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
IL
Principal Officer
Bryan Wendorf
Phone
7733416727
Tax Period
2025-01-01 to 2025-12-31

CHICAGO UNDERGROUND NFP CORPORATION, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $118K in total revenue in fiscal year 2025. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

Chicago Underground NFP Corporation, the nonprofit organization that produces the Chicago Underground Film Festival (CUFF), is an internationally recognized arts organization dedicated to exhibiting documentary, experimental, and avant-garde narrative film and media art. The organization's mission is to select and present innovative moving image works that challenge established practices, foster new approaches to cinematic and media expression, and support artists working at the edges of form and content. Through public screenings and related programming, CUFF cultivates an engaged audience for bold, exploratory media art and provides a platform for filmmakers expanding the boundaries of cinema.

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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 $54,262
Program Service Revenue $63,211
Investment Income $0
Other Revenue $243
TOTAL REVENUE $117,716

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,911
Fundraising Expenses $0
Program Expenses $111,372
Other Expenses $96,439
TOTAL EXPENSES $116,350

Year-over-Year Comparison

2025 2024 Change
Revenue $117,716 $84,424 +0.4%
Expenses $116,350 $83,123 +0.4%
Net Income $1,366 $1,301 +0.0%
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

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

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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
8
Employees
N/A
Volunteers
45

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
1
$19,910
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bryan Wendorf Artistic Director 20
Officer
$19,910 $0 $19,910
Jay Bliznick Board President 1
Director
$0 $0 $0
Ian Carswell Board Treasurer 1
Director
$0 $0 $0
Brian Frye Board Secretary 1
Director
$0 $0 $0
Lance Weiler Board Member 1
$0 $0 $0
Andrea Florens Board Member 1
$0 $0 $0
Tanner Masseth Board Member 1
$0 $0 $0
Spencer Parsons Board Member 1
$0 $0 $0
Ann Marie Spina Board Member 1
$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 $117,716 $116,350 $13,236 $1,366
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