Program areas at Magnificent Mile Association
The Magnificent Mile Lights Festival brought significant local, regional, and national publicity which promoted Chicago as a premiere holiday destination. In addition, it displayed the good deeds, offerings and special activities taking place along the Magnificent Mile from the kick-off of the lights festival through the holiday season.
Through the Associations website and social media the Association promotes the district in real time to local, domestic, and international visitors and builds powerful brand awareness year-round for The Magnificent Mile and the City of Chicago.
Through strategic partnerships the Association worked with many partners to bring attention to the district and create meaningful experiences for visitors. The Association worked with several consumer brands throughout the year showcasing activations up and down the Magnificent Mile.
Who funds Magnificent Mile Association
Grants from foundations and other nonprofits
Personnel at Magnificent Mile Association
| Name | Title | Compensation | Date of data |
|---|
| Kimberly Bares | President CEO | $217,010 | 2023-11-08 |
| Justine Fedak | Vice Chair / Director | $0 | 2022-12-31 |
| Nichole Benolken | Treasurer / Secretary | $0 | 2022-12-31 |
| Burnell Goldman | Secretary | $0 | 2022-12-31 |
| Dan Russell | Chairman of the Board / Treasurer | $0 | 2022-12-31 |
Financials for Magnificent Mile Association
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $2,266,850 | $1,004,521 | 125.7% |
| Program services | $2,013,040 | $1,323,831 | 52.1% |
| Investment income and dividends | $285 | $48 | 493.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $4,280,175 | $2,328,400 | 83.8% |
Organizations like Magnificent Mile Association
| Organization | Type | Location | Revenue |
|---|
| Ballard Alliance | 501(c)(6) | Seattle, WA | $1,321,456 |
| Mandan Progress Organization | 501(c)(6) | Mandan, ND | $1,151,456 |
| Cheyenne Leads | 501(c)(6) | Cheyenne, WY | $5,161,104 |
| Florida Engineering Society | 501(c)(6) | Tallahassee, FL | $1,417,421 |
| Minneapolis Downtown Improvement District (DID) | 501(c)(6) | Minneapolis, MN | $8,197,330 |
| California Narcotic Officers Association (CNOA) | 501(c)(6) | Santa Clarita, CA | $2,548,033 |
| Henry County Chamber of Commerce | 501(c)(6) | Mcdonough, GA | $1,679,995 |
| Washington Indian Gaming Association (WIGA) | 501(c)(6) | Olympia, WA | $2,327,096 |
| Alameda County Bar Association | 501(c)(6) | San Francisco, CA | $9,142,299 |
| National Gay & Lesbian Chamber of Commerce -- NGLCC (NGLCC) | 501(c)(6) | Washington, DC | $10,551,828 |
Data update history
January 2, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Updated personnel
Identified 21 new personnel
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizations
Issues
Community improvementBusiness and industry
Characteristics
MembershipsFundraising eventsState / local levelReceives government fundingGala fundraisersFundraising races, competitions, and tournaments
General information
- Address
- 625 N Michigan Ste 600
- Chicago, IL 60611
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- County
- Cook County, IL
- Website URL
- themagnificentmile.com/Â
IRS details
- EIN
- 36-2119989
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1935
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S20: Community, Neighborhood Development, Improvement
- NAICS code, primary
- 7113: Promoters of Performing Arts, Sports, and Similar Events
- Parent/child status
- Central organization
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