CHICAGO BULLS CHARITIES: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
CHICAGO BULLS CHARITIES (EIN 36-3544506)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-14
IRS object ID
202101349349306315
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-14T15:36:21-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN861065772PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Deloitte Tax LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 S Wacker DriveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363544506EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Chicago Bulls CharitiesBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHICBusinessNameControlTxt
Phone3124554000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11901 W Madison StreetAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60612ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIERAN KELLIHERPersonNm
Person TitleTreasurerPersonTitleTxt
Phone3124554000PhoneNum
Signature2021-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRachel Henderson-PenningtonPreparerPersonNm
PTINP01499421PTIN
Phone3124861000PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMichael ReinsdorfPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11901 W Madison StreetAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60612ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,350,651GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTo make a positive impact on the lives of Chicagoans in need.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers450TotalVolunteersCnt
Total Gross UBI$160,926TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$828,649PYContributionsGrantsAmt
CY Contributions Grants$732,402CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$66,358PYInvestmentIncomeAmt
CY Investment Income$52,350CYInvestmentIncomeAmt
PY Other Revenue$184,955PYOtherRevenueAmt
CY Other Revenue$221,580CYOtherRevenueAmt
PY Total Revenue$1,079,962PYTotalRevenueAmt
CY Total Revenue$1,006,332CYTotalRevenueAmt
PY Grants And Similar Paid$652,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$940,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$233,990PYOtherExpensesAmt
CY Other Expenses$181,479CYOtherExpensesAmt
PY Total Expenses$885,990PYTotalExpensesAmt
CY Total Expenses$1,121,479CYTotalExpensesAmt
PY Revenues Less Expenses$193,972PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$115,147CYRevenuesLessExpensesAmt
Total Assets BOY$5,562,891TotalAssetsBOYAmt
Total Assets EOY$4,974,111TotalAssetsEOYAmt
Total Liabilities BOY$742,848TotalLiabilitiesBOYAmt
Total Liabilities EOY$273,673TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,820,043NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,700,438NetAssetsOrFundBalancesEOYAmt
MissionTo make a positive impact on the lives of those in need by assisting community organizations throughout the Chicagoland area, particularly those that focus on youth education, youth health and wellness, violence prevention, and military and first responder support.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$940,000ExpenseAmt
Grant$940,000GrantAmt
Revenue$0RevenueAmt
DescProvide financial assistance to support youth education, youth health and wellness, violence prevention, and military and first responder support programs that benefit underserved Chicagoans.Desc
Total Program Service Expenses$940,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming ActivitiesYes (1)GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kieran KelliherBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3124554152PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11901 W Madison StAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60612ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
John Paxson
Director1.0040.00Yes (X)$0$0$0
Michael Reinsdorf
Director1.0040.00Yes (X)$0$0$0
Ram Padmanabhan
Director/ Secretary1.0040.00Yes (X)$0$0$0Yes (X)
Susan Goodenow
Executive Director1.0040.00$0$0$0Yes (X)
Leslie Forman
Vice President (End 4/2020)1.000.00$0$0$0Yes (X)
Nancy Reinsdorf
President1.000.00$0$0$0Yes (X)
Kieran Kelliher
Treasurer1.0040.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$416,034FundraisingAmt
Related Organizations$205,250RelatedOrganizationsAmt
All Other Contributions$111,118AllOtherContributionsAmt
Total Contributions$732,402TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$52,480TotalRevenueColumnAmt
Exclusion$52,480ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$10,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,130SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$130SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$130TotalRevenueColumnAmt
Exclusion-$130ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$163,225FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$416,034ContriRptFundraisingEventAmt
Fundraising Direct Expenses$118,083FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$45,142TotalRevenueColumnAmt
Exclusion$45,142ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$377,032GamingGrossIncomeAmt
Gaming Direct Expenses$216,106GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$160,926TotalRevenueColumnAmt
Unrelated Business Revenue$160,926UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther incomeDesc
Business900099BusinessCd
Total Revenue Column$15,512TotalRevenueColumnAmt
Exclusion$15,512ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$15,512OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,006,332TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$160,926UnrelatedBusinessRevenueAmt
Exclusion$113,004ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$940,000TotalAmt
Program Services$940,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,663TotalAmt
Management And General$22,663ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$9,540TotalAmt
Management And General$9,540ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,434TotalAmt
Management And General$5,434ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$130,149TotalAmt
Management And General$130,149ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
Credit card fees$13,440$13,440
Miscellaneous$253$253

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,121,479TotalAmt
Program Services$940,000ProgramServicesAmt
Management And General$181,479ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$13,426BOYAmt
EOY$117,630EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,335,380BOYAmt
EOY$2,424,777EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$487,225BOYAmt
EOY$834,993EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,727,941LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,131,230LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,726,860BOYAmt
EOY$1,596,711EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,562,891BOYAmt
EOY$4,974,111EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$60,782BOYAmt
EOY$23,673EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$682,066BOYAmt
EOY$250,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$742,848BOYAmt
EOY$273,673EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,820,043BOYAmt
EOY$4,700,438EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,820,043BOYAmt
EOY$4,700,438EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,562,891BOYAmt
EOY$4,974,111EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$115,147ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$4,458NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$838,057CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,213,915CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$958,020CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$828,649CurrentTaxYearMinus1YearAmt
Current Tax Year$732,402CurrentTaxYearAmt
Total$5,571,043TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$303,190CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$337,816CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$281,705CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$194,303CurrentTaxYearMinus1YearAmt
Current Tax Year$163,225CurrentTaxYearAmt
Total$1,280,239TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,141,247CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,551,731CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,239,725CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,022,952CurrentTaxYearMinus1YearAmt
Current Tax Year$895,627CurrentTaxYearAmt
Total$6,851,282TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$141,828CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,210,875CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,575CurrentTaxYearMinus1YearAmt
Current Tax Year$205,250CurrentTaxYearAmt
Total$1,566,528TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$141,828CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,210,875CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,575CurrentTaxYearMinus1YearAmt
Current Tax Year$205,250CurrentTaxYearAmt
Total$1,566,528TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$5,284,754PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$107,119CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$106,021CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$159,815CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$66,371CurrentTaxYearMinus1YearAmt
Current Tax Year$52,480CurrentTaxYearAmt
Total$491,806TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$107,119CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$106,021CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$159,815CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$66,371CurrentTaxYearMinus1YearAmt
Current Tax Year$52,480CurrentTaxYearAmt
Total$491,806TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,248,366CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,657,752CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,399,540CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,089,323CurrentTaxYearMinus1YearAmt
Current Tax Year$948,107CurrentTaxYearAmt
Total$7,343,088TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.71970PublicSupportCY509Pct
Public Support PY5090.57910PublicSupportPY509Pct
Investment Income CY0.06700InvestmentIncomeCYPct
Investment Income PY0.04970InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$100,000OtherCostOrOtherBasisAmt
Book Value$100,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,555,210OtherCostOrOtherBasisAmt
Depreciation$3,058,499DepreciationAmt
Book Value$1,496,711BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$72,731OtherCostOrOtherBasisAmt
Depreciation$72,731DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,596,711TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$992,334TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$4,458NetUnrealizedGainsInvstAmt
Revenue Not Reported-$4,458RevenueNotReportedAmt
Revenue Subtotal$996,792RevenueSubtotalAmt
Investment Expenses Not Incld$9,540InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$9,540RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,006,332TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,111,939TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,111,939ExpensesSubtotalAmt
Investment Expenses Not Incld2$9,540InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$9,540ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,121,479TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationThe Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Corporation evaluates tax positions taken in the course of preparing the Corporation's tax returns to determine whether tax positions are more likely than not of being sustained by the applicable tax authority. Tax benefits of positions not deemed to meet the more likely than not threshold would be recorded as a tax expense in the current year. For the years ended June 30, 2020 and 2019, the Corporation has not identified any uncertain tax positions, and no income tax expense has been recorded in the statements of activities and changes in net assets. Open tax years under the applicable statutory limitations for federal returns of the Corporation include tax years ended June 30, 2017 through June 30, 2019.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Evening with The BullsEvent1Nm
Gross Receipts Event1$450,234GrossReceiptsEvent1Amt
Charitable Contri Event1$416,034CharitableContriEvent1Amt
Gross Revenue Event1$34,200GrossRevenueEvent1Amt
Non Cash Prizes Event1$5,024NonCashPrizesEvent1Amt
Rent Facility Costs Event1$24,669RentFacilityCostsEvent1Amt
Food And Beverage Event1$19,853FoodAndBeverageEvent1Amt
Entertainment Event1$44,023EntertainmentEvent1Amt
Other Direct Expenses Event1$18,242OtherDirectExpensesEvent1Amt
Event2Arena AuctionEvent2Nm
Gross Receipts Event2$129,025GrossReceiptsEvent2Amt
Gross Revenue Event2$129,025GrossRevenueEvent2Amt
Other Direct Expenses Event2$6,272OtherDirectExpensesEvent2Amt
Gross Receipts Total$579,259GrossReceiptsTotalAmt
Charitable Contributions Tot$416,034CharitableContributionsTotAmt
Gross Revenue Total Events$163,225GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$5,024NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$24,669RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$19,853FoodAndBeverageTotalEventsAmt
Entertainment Total Events$44,023EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$24,514OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$118,083DirectExpenseSummaryEventsAmt
Net Income Summary$45,142NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Gross Revenue Other Gaming$377,032GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming$129,280CashPrizesOtherGamingAmt
Oth Direct Expnss Other Gaming$86,826OthDirectExpnssOtherGamingAmt
Volunteer Labor Other Gaming0VolunteerLaborOtherGamingInd
Gross Revenue Total Gaming$377,032GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming$129,280CashPrizesTotalGamingAmt
Oth Direct Expnss Total Gaming$86,826OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$216,106DirectExpenseSummaryGamingAmt
Net Gaming Income Summary$160,926NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedILStatesWhereGamingConductedCd
LicensedYes (1)LicensedInd
License Suspended Etc0LicenseSuspendedEtcInd
Gaming With NonmembersYes (1)GamingWithNonmembersInd
Member Of Other Entity0MemberOfOtherEntityInd
Gaming Own Facility1.00000GamingOwnFacilityPct
Individual With BooksKieran KelliherIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line11901 W Madison StAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60612ZIPCd
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game Rev0CntrctWith3rdPrtyForGameRevInd
Gaming Manager PersonDominque ButlerGamingManagerPersonNm
Gaming Manager Compensation$0GamingManagerCompensationAmt
Gaming Manager Services ProvOrganizing volunteers; arranging for distribution of tickets; managing collections and deposit of sales proceeds; accounting for awards and expenses.GamingManagerServicesProvTxt
Charitable Distribution RqrYes (1)CharitableDistributionRqrInd
Distributed$160,926DistributedAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (12 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
McCormick Foundation
205 North Michigan Avenue Suite4300ChicagoIL60601363689171501(c)(3)$470,000Program Support
Greater Chicago Food Depository
4100 West Ann Lurie PlaceChicagoIL60632362971864501(c)(3)$210,000Program Support
United Way of Metropolitan Chicago
4100 W Ann Lurie PlChicagoIL60632363523622501(c)(3)$100,000Program Support
Jesse White Foundation
53 W Jackson Blvd Suite 510ChicagoIL60604203110242501(c)(3)$30,000Program Support
Museum of Science and Industry
5700 South Lake Shore DriveChicagoIL60637362167797501(c)(3)$25,000Program Support
Gilda's Club
537 North Wells StreetChicagoIL60654364115144501(c)(3)$10,000Program Support
Ingenuity Incorporated Chicago
440 N WELLS ST STE 505ChicagoIL60654611652413501(c)(3)$10,000Program Support
Hundred Club of Cook County
875 North Michigan Avenue Ste 1351ChicagoIL60611366158087501(c)(3)$10,000Program Support
Pilgrim Development Corp
22 N KILDARE AVEnueChicagoIL60624364329742501(c)(3)$10,000Program Support
Bright Star Community Outreach Corporation
3473 S KING DR STE 334ChicagoIL60616262007088501(c)(3)$10,000Program Support
Big Brothers Big Sisters of Metropolitan Chicago
560 West Lake Street 5th FloorChicagoIL60661362681212501(c)(3)$10,000Program Support
I Grow Chicago
818 E 63rd St Suite 818ChicagoIL60637461200279501(c)(3)$10,000Program Support
FieldValueIRS element (for citing)
Total501c3 Org12Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationIf money is donated to fund a program or initiative, an accounting or verification that the money was used to fund the sponsored program is requested.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2Michael Reinsdorf and Nancy Reinsdorf have a family relationship.
Form 990, Part VI, Section A, line 6Chicago Bulls Charities has one member; Michael Reinsdorf.
Form 990, Part VI, Section A, line 7aThe member has the right to remove directors and appoint directors.
Form 990, Part VI, Section A, line 8bChicago Bulls Charities does not have official committees.
Form 990, Part VI, Section B, line 11bForm 990 is prepared by an outside accounting firm and reviewed by management and the Board of Directors.
Form 990, Part VI, Section B, line 12cEach director and officer is required to acknowledge on an annual basis his or her having read and understood the conflicts of interest policy and his or her compliance with the policy. If a conflict of interest is identified for a director or officer, that director or officer will not participate in any discussions or deliberations regarding that matter and would abstain from voting decisions on the matter for which there is a conflict of interest
Form 990, Part VI, Section C, line 19The governing documents and financial statements are on file with the Charitable Trust Division of Illinois Attorney General Office.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Chicago Professional Sports Limited PartnershipBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11901 W MadisonAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60612ZIPCd
FieldValueIRS element (for citing)
EIN363343313EIN
Primary ActivitiesProfessional SportsPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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