Nonprofits›Equity Arts

Equity Arts

CHICAGO, IL

Website

Total revenue

$112K

Total expenses

$232K

Net assets

$1K

Grants received

$450K

7 grants

EIN

852271772

Tax year

2024

Mission

EQUITY ARTS is a center for the creative economy that advances racial equity and wealth-building for artists and entrepreneurs. This reparative ownership model preserves space for synergistic exchanges between value-aligned partners. The center fuels commercial abundance and enriches authentic cultural experiences that serves as a vehicle for transformative healing.

Financials

FY 2024

Revenue

Contributions & grants$52K
Program service revenue$61K
Investment income—
Other revenue—
Total revenue$112K

Expenses

Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$232K
Total expenses$232K
Total assets$1K
Net assets$1K

People

7 listed

NameRoleCompensation

Eric Williams

Board Member

Board

—

1 hrs/wk

David Chavez

Board Member

Board

—

1 hrs/wk

Cordell Johnson

Board Member

Board

—

1 hrs/wk

Joe Shanahan

Board Member

Board

—

1 hrs/wk

Vincent Uribe

Treasurer

Board

—

2 hrs/wk

Sadie Woods

Secretary

Board

—

1 hrs/wk

Alma Wieser

President

Board

—

25 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
Builders Vision Foundation
$250K
To support Equity Arts for planning, capacity building, and fundraising towards the purchase and capital improvements of 1542-1550 N Milwaukee Ave.
2023
FIELD FOUNDATION OF ILLINOIS
$25K
OPERATING - FUNDING FOR ONGOING OPERATIONS OF THE ORGANIZATION
2023
FIELD FOUNDATION OF ILLINOIS
$20K
PROJECT - FUNDING FOR A SPECIFIC PROJECT OR PROGRAM
2022
The Chicago Community Trust
$15K
Advancing ETOD Pilot project renewal - Equity Arts property redevelopment; community engagement.
2022
The Chicago Community Trust
$45K
In support of The Chicago Model for Sustainable Culture. For support of the Advancing ETOD Pilot project - Equity Arts property redevelopment; community ownership category
2021
The Chicago Community Trust
$45K
In support of The Chicago Model for Sustainable Culture. For support of the Advancing ETOD Pilot project - Equity Arts property redevelopment; community ownership category
2021
The Chicago Community Trust
$50K
TO SUPPORT THE FUNDRAISING CAMPAIGN
2020

Funded by

$450K from 3 funders · 7 grants · 2020–2023

Builders Vision Foundation

$250K · 1 grant · 2023

The Chicago Community Trust

$155K · 4 grants · 2020–2022

Field Foundation Of Illinois

$45K · 2 grants · 2022–2023

Details

EIN852271772
Subsection03
Ruling date2025-01
Formed2020
Employees0
Volunteers5
EQUITY ARTS — Mission, Financials & Grants Received | Grantivo