EIN 45-0547664

The Kalo Foundation of Park Ridge

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2006
Most recent tax filings
2023-06-01
Description
The Kalo Foundation of Park Ridge preserves the artistic legacy of the city through education, advocacy, and preservation. They also promote arts and crafts as a modern-day essential. To achieve their mission, they restore the Iannelli Studio & Heritage Center, acquire artwork for display, sponsor educational seminars, exhibits, tours, publications, and special events. Recently, they offered three 500 Pegler scholarships for student art winners. The board and local high schools reviewed and noted upon the artwork to determine the scholarship recipients.
Total revenues
$77,466
2023
Total expenses
$83,210
2023
Total assets
$1,683,846
2023
Num. employees
0
2023

Program areas at The Kalo Foundation of Park Ridge

Kalo Foundation continues to restore The iannelli studio & heritage center, acquire artwork for display, sponsor educational seminars, exhibits, tours, publications and special events to increase awareness and appreciation of The arts and crafts.
Kalo Foundation offered three 500 pegler scholarships for student art winners. Artists submit artwork for The scholarship which is reviewed and noted upon by The board and The local high schools to determine The recipients of The scholarships.

Who funds The Kalo Foundation of Park Ridge

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Virginia Lee Shirley Private FoundationGeneral Purposes$5,000
Mccabe Family FoundationUnrestricted Charitable Uses$1,000
Hayes Family FoundationGeneral$100

Personnel at The Kalo Foundation of Park Ridge

NameTitleCompensation
Don McEachernTreasurer$0
Anne LundeRecording Secretary$0
Leigh SasserVice President$0
Janelle MarcuccilliCorrespondin$0
Maria HrycelakPresident$0

Financials for The Kalo Foundation of Park Ridge

RevenuesFYE 06/2023
Total grants, contributions, etc.$33,747
Program services$2,462
Investment income and dividends$38,669
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,213
Net gain from sale of non-inventory assets$0
Net income from fundraising events$2,408
Net income from gaming activities$0
Net income from sales of inventory$-1,033
Miscellaneous revenues$0
Total revenues$77,466

Form 990s for The Kalo Foundation of Park Ridge

Fiscal year endingDate received by IRSFormPDF link
2023-062023-10-13990View PDF
2022-062022-09-28990View PDF
2021-062021-11-08990View PDF
2020-062020-11-05990View PDF
2019-062020-02-05990View PDF
...and 11 more Form 990s
Data update history
December 31, 2023
Received grants
Identified 2 new grant, including a grant for $5,000 from Virginia Lee Shirley Private Foundation
December 1, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 21, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from Mccabe Family Foundation
May 9, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from Virginia Lee Shirley Private Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
EducationArts, cultural, and humanitiesHistory
Characteristics
Partially liquidatedFundraising eventsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
225 N Northwest Hwy
Park Ridge, IL 60068
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
kalofoundation.org/ 
Phone
(847) 792-1970
IRS details
EIN
45-0547664
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A40: Visual Art Organizations, Services
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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