2024-09-20T13:02:33-05:00 2023-12-31 260476995 TIGHE KRESS & ORR PC 2205 POINT BLVD SUITE 100 ELGIN IL 60123 990 2023-01-01 461897980 SIDE STREET STUDIO ARTS SIDE 8474292276 PO BOX 1264 ELGIN IL 60121 ERIN REHBERG EXECUTIVE DIRECTOR 8474292276 2024-09-20 1 0 VICKI M MICHALSKI CPA P00443402 8476952700 2024-09-19 2023 2024-08-08 14:25:15Z FREDDRICK WIMMS PO BOX 1264 ELGIN IL 60121 528124 0 X SIDESTREETSTUDIOARTS.ORG X 2013 IL SIDE STREET'S MISSION IS TO SUPPORT THE ARTIST AND ARTISTIC JOURNEY THROUGH COLLABORATION. 8 6 5 20 0 0 266880 285285 165663 241820 524 375 320 644 433387 528124 0 0 0 0 258212 333670 0 0 0 159594 268281 417806 601951 15581 -73827 170874 64649 156381 123983 14493 -59334 SIDE STREET STUDIO ARTS ADVANCES ENGAGEMENT IN THE ARTS BY PROVIDING INCLUSIVE ACCESS TO EXHIBITION, PERFORMANCE, EDUCATION, AND ADVOCACY RESOURCES, BECAUSE ART IS IMPORTANT. 0 0 481921 242464 SIDE STREET PROVIDES EDUCATIONAL AND CREATIVE RESOURCES AND AN ACCESSIBLE SPACE, RUN BY ARTISTS. WE PROVIDE LAB ACCESS, ARTS AND CULTURAL EVENTS AND WORKSTOPS. SIDE STREET STUDIO ARTS THEATER OPENED APRIL 2014. AN INTIMATE PERFORMANCE SPACE, PERFECT FOR EVENT RENTALS, ADDITIONAL GALLERY SPACE, AND SO MUCH MORE. THE THEATER IS A ONE-OF-A-KIND VENUE IN DOWNTOWN ELGIN! 481921 1 1 0 0 0 0 0 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 27 0 5 0 0 0 0 0 0 0 0 0 0 0 X 8 6 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 IL X X ERIN REHBERG 8474292276 PO BOX 1264 ELGIN IL 60121 FREDDRICK WIMMS PRESIDENT 2.00 X X 0 0 0 SARAH MANATA TREASURER & SECRETARY 1.00 X X 0 0 0 ADRIAN MESINO MEMBER 0.25 X 0 0 0 ERIN REHBERG EXECUTIVE DIRECTOR 40.00 X 44688 0 0 URSULA BORODZINSKA MEMBER 0.25 X 0 0 0 RAMONA BURNS MEMBER 0.25 X 0 0 0 JOE VASSALLO MEMBER 1.00 X 0 0 0 RICK MELVIN EXECUTIVE DIRECTOR 40.00 X 38500 0 0 83188 0 0 0 0 0 0 0 1658 283627 1800 285285 WORKSHOPS 611610 146083 146083 PRODUCTION FEES 611610 28237 28237 SALES INCOME 611610 17664 17664 RECEPTION INCOME- NON 611610 17580 17580 TRANSPORTATION 611610 14665 14665 17591 17591 241820 375 375 OTHER REVENUE 900099 644 644 644 528124 242464 0 375 83188 66550 16638 235430 188344 47086 15052 12042 3010 3691 2953 738 7639 6111 1528 13156 10525 2631 47535 38028 9507 8816 7053 1763 4213 3370 843 2208 1766 442 1584 1267 317 47728 38182 9546 PROFESSIONAL DEVELOPMEN 47105 37684 9421 SUPPLIES 33513 26810 6703 PURCHASES 15086 12069 3017 DUES & SUBSCRIPTIONS 8215 6572 1643 27792 22595 5197 601951 481921 120030 0 16310 13405 74135 7919 5021 4482 2898 75947 48346 170874 64649 18319 17992 70200 70200 67862 35791 156381 123983 X 14493 -59334 14493 -59334 170874 64649 -73827 0 X X 0 1 X 1 0 X 50926 191902 151775 266880 285285 946768 97486 79284 115699 165984 241820 700273 342 189 2700 3231 148754 271375 270174 432864 527105 1650272 500 500 65336 144443 209779 65336 144943 210279 1439993 524 375 899 524 375 899 644 644 148754 271375 270174 433388 528124 1651815 0.87180 0.94850 0.00050 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4470 12555 X 0 7919 5021 2898 2898 PERMANENT ART COLLECTION 12555 RIGHT OF USE ASSET 35791 48346 OPERATING LEASE LIABILITY 35791 35791 X 597824 69700 69700 528124 0 528124 671651 69700 69700 601951 0 601951 PART III, LINE 4: THE ART COLLECTION IS HELD AS DISPLAY AND IN STORAGE AND IS USED PRIMARLY AS A PERMANENT COLLECTION. THE COLLECTION IS NOT HELD FOR SALE. PART X, LINE 2: THE ORGANIZATION ADOPTED THE IMPLEMENTATION OF FASB ASC 740. UNDER FASB ASC 740, MANAGEMENT MUST EVALUATE THE POSITIONS IT HAS TAKEN ON TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THERE ARE NO TAX PROVISIONS THAT WOULD RESULT IN A MORE LIKELY THAN NOT (50% CHANCE) OF BEING SUSTAINED UNDER A POTENTIAL AUDIT OR EXAMINATION. X 300 FAIR MARKET VALUE X WISH LIST SUPPLIES 0 1500 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 EXECUTIVE DIRECTORS ERIN REHBERG AND RICK MELVIN ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B STAFF, DIRECTOR, PRESIDENT, AND TREASURER REVIEW THE DRAFT COPY OF THE 990 PRIOR TO ITS FILING. THE DRAFT IS THEN APPROVED WHICH IS DOCUMENTED IN THE BOARD MINUTES. THE APPROVAL IS THEN COMMUNICATED TO THE TREASURER, WHO PREPARES THE FINAL FILING COPY. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS REVIEWED ANNUALLY AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE TO DETERMINE THE EXECUTIVE DIRECTOR'S SALARY. PAYROLL CHANGES ARE BROUGHT TO THE BOARD FOR APPROVAL AT YEAR END FOR THE FOLLOWING YEAR. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD MEMBERS OVERSEE THE AUDIT.