Free Street Programs Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Free Street Programs Inc is a 501(c)(3) organization based in Chicago, Illinois, registered in 1974, with $514,933 in FY2024 revenue. CharityIndex grades it B.
1419 W Blackhawk St, Chicago, IL, 60642 EIN 36-2772922 Since 1974
Revenue (FY2024)
$515K
▲ 18.6% vs prior year
Expenses (FY2024)
$438K
Net assets
$463K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Free Street Programs Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Free Street Programs Inc: 13 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Free Street Programs Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Free Street Programs Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $519K (FY2018) to $515K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $84KNet assets $463K
Operating margin
14.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$548K
Total liabilities
$84K
Net assets
$463K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $514,933▲18.6% | $438,072▼1.4% | $463,459▲19.9% | $547,844▲35.5% | 990 |
| 2023 | $434,319▲23.9% | $444,227▲28.0% | $386,598▼2.5% | $404,356▼2.8% | 990 |
| 2022 | $350,638▼27.4% | $347,125▼26.8% | $396,506▲0.9% | $416,093▲3.3% | 990 |
| 2021 | $483,236▲20.8% | $474,398▲41.9% | $392,993▲2.3% | $402,748▲1.0% | 990 |
| 2020 | $400,011▲31.5% | $334,316▲3.8% | $384,155▲20.6% | $398,700▲20.1% | 990 |
| 2019 | $304,162▼41.4% | $322,117▼8.9% | $318,460▼5.3% | $331,947▼2.8% | 990 |
| 2018 | $518,793 | $353,552▲23.9% | $336,415▲1122% | $341,556▲250% | 990 |
| 2011 | — | $285,278 | $27,525 | $97,506 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $398K total
9 grants to Free Street Programs Inc totaling $398K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Chicago Community Trust | General operating support, general operations. | 2022 | $135,000 |
| The Chicago Community Trust | Contribution to production of 57 blocks (no tickets or benefits received) | 2021 | $20,000 |
| The Chicago Community Trust | Contribution to production of 57 blocks (no tickets or benefits received) | 2021 | $20,000 |
| Donor Advised Charitable Giving | Health | 2021 | $7,500 |
| The Chicago Community Trust | To support smart growth program | 2020 | $30,000 |
| United Way of Metropolitan Chicago Inc | Program support | 2020 | $10,000 |
| The Chicago Community Trust | To support the smart growth program, and general operating support | 2019 | $67,000 |
| The Chicago Community Trust | Smart growth 2019 | 2018 | $55,000 |
| The Chicago Community Trust | Papelitos guardados/paper memories, a series of public workshops and neighborhood-specific performances | 2017 | $53,000 |
Frequently asked questions
- Is Free Street Programs Inc a legitimate nonprofit?
- Yes. Free Street Programs Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2772922, based in Chicago, Illinois. Donations are tax-deductible.
- What is Free Street Programs Inc's EIN?
- Free Street Programs Inc's Employer Identification Number (EIN) is 36-2772922.
- How much revenue does Free Street Programs Inc report?
- Free Street Programs Inc reported $514,933 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Free Street Programs Inc have?
- CharityIndex grades Free Street Programs Inc B, based on financial health (reserves and operating margin).
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Data for Free Street Programs Inc (EIN 36-2772922) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.