Luminarts Cultural Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362446421 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Luminarts Cultural Foundation?

Luminarts Cultural Foundation, based in Chicago, Illinois, is a dedicated nonprofit organization with a mission to nurture the city's thriving arts community. They achieve this by empowering exceptional young artists through competitive programs. These programs provide meaningful financial awards, artistic opportunities, and mentorship, helping to bridge the gap between education and career. With a small workforce of three individuals, Luminarts Cultural Foundation plays a significant role in fostering the growth and success of aspiring artists, thereby enriching Chicago's cultural landscape.


Official website here: www.luminarts.org

Is Luminarts Cultural Foundation legitimate?

Luminarts Cultural Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luminarts Cultural Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $191,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,337

For more financial information, click here


Official website here: www.luminarts.org

What is the mission statement of Luminarts Cultural Foundation?

The Luminarts Cultural Foundation plays a significant role in nurturing Chicago's vibrant arts community by backing outstanding young artists. They achieve this through their competitive programs, which provide financial rewards, artistic opportunities, and mentoring. These initiatives help bridge the gap between education and career, thereby fostering the growth and success of these talented individuals. The foundation's mission is to support these young artists, thereby enriching the arts landscape in Chicago.


Official website here: www.luminarts.org

Who is the CEO of Luminarts Cultural Foundation?

Jason Kalajainen is the Past President of Luminarts Cultural Foundation.


Official website here: www.luminarts.org

What is the revenue of Luminarts Cultural Foundation?

Luminarts Cultural Foundation's revenue in 2023 was $1,851,663.


Official website here: www.luminarts.org

Who are the executives of Luminarts Cultural Foundation and what are their salaries?

The average compensation at Luminarts Cultural Foundation during 2023 was $114,170. There are 3 employees at Luminarts Cultural Foundation.

Here are 29 key members and their salaries:

    Jason Kalajainen Jason Kalajainen J (Executive Director)
  • Compensation: $182,054
  • Related: $0
  • Other: $0

    • William Richards (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Sally Metzler (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julianna Tancredi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cherilyn Murer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Del Campo (1 St Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Lew Watts (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Alexander Cestero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Myrna Kaplan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank De Vincentis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Wassenaar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mario Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lionel Go (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Celine Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alyssa Quinlan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah De Blasio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Arizmendi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Jakubs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Olaveson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Goode (General Councel) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Doermer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Mackey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gretchen Burch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Karaba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Fortman (2 Nd Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Mcmillan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel North (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ardena Flippin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Doherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.luminarts.org

    Where can I find the form 990 for Luminarts Cultural Foundation?

    The Luminarts Cultural Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.luminarts.org

    Learn more at the official website: www.luminarts.org

    Mission Statement of Luminarts Cultural Foundation

    Luminarts Cultural Foundation is an organization dedicated to nurturing Chicago's thriving arts community by championing outstanding young artists. They achieve this goal through their competitive programs, which provide a blend of financial awards, artistic opportunities, and mentoring. These initiatives serve to bridge the gap between education and career, ultimately fostering the growth and development of these talented individuals. By supporting these rising stars, Luminarts Cultural Foundation plays a significant role in cultivating Chicago's vibrant arts scene.

    Impact

    This information is meant to be a general summary of Luminarts Cultural Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Luminarts Cultural Foundation plays a crucial role in nurturing Chicago's vibrant arts community by providing exceptional young artists with financial awards, artistic opportunities, and mentoring. Through its competitive programs, Luminarts bridges the gap between education and career, empowering talented individuals to thrive in their artistic pursuits. This support not only enriches the lives of these young artists but also contributes to the cultural landscape of Chicago, showcasing the city's creative talent and fostering a dynamic arts scene.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $405,708
  • Program Service Revenue: $0
  • Gross Receipts: $3,776,124

    • Assets and Liabilities:
  • Total Assets: $3,055,011
  • Total Liabilities: $4,646
  • Net Assets: $3,050,365
  • Organization Details

    Founding Year

    1949

    Principal Officer

    Jason Kalajainen

    Main Address

    65 WEST JACKSON RMSTE 901, CHICAGO, IL, 60604

    NTEE Category

    Code: A90 - Arts

    If you are a representative of Luminarts Cultural Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.