CHICAGO BULLS CHARITIES: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO BULLS CHARITIES (EIN 36-3544506)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-11-16
- IRS object ID
- 201503209349309640
- Schema version
- 2014v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T14:49:53-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deloitte Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 South Wacker Drive | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363544506 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chicago Bulls Charities | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIC | BusinessNameControlTxt |
| Phone | 3124554000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 W Madison Street | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60612 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIERAN KELLIHER | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 3124554000 | PhoneNum |
| Signature | 2015-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANNE FULTON | PreparerPersonNm |
| PTIN | P00941863 | PTIN |
| Phone | 3124861000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michael Reinsdorf | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 W Madison Street | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,273,724 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | To make a positive impact on the lives of Chicagoans in need. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 1350 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,734,334 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,746,633 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,988 | PYInvestmentIncomeAmt |
| CY Investment Income | $40,665 | CYInvestmentIncomeAmt |
| PY Other Revenue | $344,923 | PYOtherRevenueAmt |
| CY Other Revenue | $652,397 | CYOtherRevenueAmt |
| PY Total Revenue | $2,083,245 | PYTotalRevenueAmt |
| CY Total Revenue | $3,439,695 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $376,442 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $285,039 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $263,774 | PYOtherExpensesAmt |
| CY Other Expenses | $244,237 | CYOtherExpensesAmt |
| PY Total Expenses | $640,216 | PYTotalExpensesAmt |
| CY Total Expenses | $529,276 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,443,029 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,910,419 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,778,738 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,197,320 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,592,462 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,142,173 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$813,724 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,055,147 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To 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, health and wellness, and violence prevention. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $285,039 | ExpenseAmt |
| Grant | $285,039 | GrantAmt |
| Revenue | $6,875 | RevenueAmt |
| Desc | Provide financial assistance to support youth education, health and wellness, and violence prevention programs that benefit underserved Chicagoans. | Desc |
| Total Program Service Expenses | $285,039 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | 0 | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kieran Kelliher | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3124554152 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 W Madison St | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| Irwin Mandel End 1014 | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| John Paxson | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Reinsdorf | ||||||
| Director/ CEO | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Ram Padmanabhan As of 1014 | ||||||
| Director/ Secretary | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Susan Goodenow | ||||||
| Executive Director | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Leslie Forman | ||||||
| Vice President | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Nancy Reinsdorf | ||||||
| President | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Kieran Kelliher As of 1014 | ||||||
| Treasurer | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $423,010 | FundraisingAmt |
| All Other Contributions | $2,323,623 | AllOtherContributionsAmt |
| Total Contributions | $2,746,633 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,665 | TotalRevenueColumnAmt |
| Exclusion | $40,665 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,262,534 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,262,534 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $461,101 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $423,010 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $140,737 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $320,364 | TotalRevenueColumnAmt |
| Exclusion | $320,364 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $755,916 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $430,758 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $325,158 | TotalRevenueColumnAmt |
| Exclusion | $325,158 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Scoreboard Donations | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $6,875 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,875 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,875 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,439,695 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,875 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $686,187 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,039 | TotalAmt |
| Program Services | $285,039 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,180 | TotalAmt |
| Management And General | $23,180 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,299 | TotalAmt |
| Management And General | $75,299 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,149 | TotalAmt |
| Management And General | $130,149 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| Credit card fees | $13,666 | $13,666 |
| Miscellaneous | $1,943 | $1,943 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $529,276 | TotalAmt |
| Program Services | $285,039 | ProgramServicesAmt |
| Management And General | $244,237 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $647,506 | BOYAmt |
| EOY | $771,603 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,585,836 | BOYAmt |
| EOY | $4,890,231 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,768 | BOYAmt |
| EOY | $247,696 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,822,056 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,534,266 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,420,628 | BOYAmt |
| EOY | $2,287,790 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,778,738 | BOYAmt |
| EOY | $8,197,320 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,632 | BOYAmt |
| EOY | $19,012 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,850,830 | BOYAmt |
| EOY | $1,423,161 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,700,000 | BOYAmt |
| EOY | $4,700,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,592,462 | BOYAmt |
| EOY | $6,142,173 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$813,724 | BOYAmt |
| EOY | $2,055,147 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$813,724 | BOYAmt |
| EOY | $2,055,147 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,778,738 | BOYAmt |
| EOY | $8,197,320 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,910,419 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$41,548 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $968,507 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $649,884 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $377,636 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,658,263 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,746,633 | CurrentTaxYearAmt |
| Total | $6,400,923 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $516,117 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $348,035 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $628,621 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $497,062 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $461,101 | CurrentTaxYearAmt |
| Total | $2,450,936 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $755,916 | CurrentTaxYearAmt |
| Total | $755,916 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,484,624 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $997,919 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,006,257 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,155,325 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,963,650 | CurrentTaxYearAmt |
| Total | $9,607,775 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $1,116,743 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,213,960 | CurrentTaxYearAmt |
| Total | $3,330,703 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $1,116,743 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,213,960 | CurrentTaxYearAmt |
| Total | $3,330,703 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $6,277,072 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,209 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $64,079 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,355 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,988 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,665 | CurrentTaxYearAmt |
| Total | $142,296 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,209 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $64,079 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,355 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,988 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,665 | CurrentTaxYearAmt |
| Total | $142,296 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $6,875 | CurrentTaxYearAmt |
| Total | $6,875 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,499,833 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,061,998 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,024,612 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,159,313 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,011,190 | CurrentTaxYearAmt |
| Total | $9,756,946 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.64330 | PublicSupportCY509Pct |
| Public Support PY509 | 0.83270 | PublicSupportPY509Pct |
| Investment Income CY | 0.01460 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01560 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $100,000 | OtherCostOrOtherBasisAmt |
| Book Value | $100,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,649,325 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,461,535 | DepreciationAmt |
| Book Value | $2,187,790 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $72,731 | OtherCostOrOtherBasisAmt |
| Depreciation | $72,731 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,287,790 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,398,147 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$41,548 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$41,548 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,439,695 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,439,695 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $529,276 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $529,276 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $529,276 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | The 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, 2015 and 2014, 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 surplus (deficit). Open tax years under the applicable statutory limitations for federal returns of the Corporation include tax years ended June 30 2012 through June 30, 2014. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Evening with The Bulls | Event1Nm |
| Gross Receipts Event1 | $446,860 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $423,010 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $23,850 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $113,899 | OtherDirectExpensesEvent1Amt |
| Event2 | In-Arena Auction | Event2Nm |
| Gross Receipts Event2 | $272,559 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $272,559 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $20,667 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $164,692 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $164,692 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $6,171 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $884,111 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $423,010 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $461,101 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $140,737 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $140,737 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $320,364 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $755,916 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $356,600 | CashPrizesOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $74,158 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingInd |
| Gross Revenue Total Gaming | $755,916 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $356,600 | CashPrizesTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $74,158 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $430,758 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $325,158 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | IL | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | Yes (1) | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
| Individual With Books | Kieran Kelliher | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 W Madison St | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | Junhyun Bae | GamingManagerPersonNm |
| Gaming Manager Services Prov | Organizing volunteers; arranging for distribution of tickets; managing collections and deposit of sales proceeds; accounting for awards and expenses. | GamingManagerServicesProvTxt |
| Charitable Distribution Rqr | Yes (1) | CharitableDistributionRqrInd |
| Distributed | $325,158 | DistributedAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| McCormick Foundation | |||||||
| 205 North Michigan Ave Suite 4300 | Chicago | IL | 60601 | 363689171 | 501(c)(3) | $108,750 | This grant funds the Chicago Bulls Community Assist Fund, a McCormick Foundation Fund. The Chicago Bulls Community Assist Fund, established in 2009, is supported with major funding by Chicago Bulls Charities, which is then matched 50% by the Robert R. McCormick Foundation. Contributing to the McCormick Foundation allows Chicago Bulls Charities to maximize its giving potential, allowing it to make a bigger impact on those in need. In 2014, the Chicago Bulls Community Assist Fund awarded grants to eight (8) organizations that offer youth education and youth health and wellness programming, including After-School All-Stars, After School Matters, City Year Chicago, Greater Chicago Food Depository, La Rabida Children's Hospital, Marwen Foundation, Mercy Home and Youth Guidance. |
| Big Brothers Big Sisters of Metropolitan Chicago | |||||||
| 560 West Lake Street 5th Floor | Chicago | IL | 60661 | 362681212 | 501(c)(3) | $11,200 | This grant supports the Big Brothers Big Sisters mentoring program, a school-based counseling, violence prevention and education enrichment program for at-risk male youth between 7th and 12th grades in Chicago Public Schools. |
| Bright Pink | |||||||
| 670 North Clark Street Suite 2 | Chicago | IL | 60654 | 510619889 | 501(c)(3) | $20,000 | This grant funds Bright Pink's Bright Pink University: Bulls Edition program. The program brings breast and ovarian health education to women in medically underserved communities across the Chicago region. The program uses Bright Pink's Brighten Up Educational Workshops and tailors them to meet the unique needs of women in these communities. The Bulls partner with Bright Pink throughout the year to support their events and initiatives. |
| Push for Excellence | |||||||
| 930 East 50th Street | Chicago | IL | 60615 | 341230337 | 501(c)(3) | $100,000 | This grant supports the Rainbow EXCEL Basketball League (REBL). REBL is an integral component of the comprehensive PUSH for Excellence sports program for youth. The initiative provides at-risk and underserved youth with a positive alternative to violence. |
| American Heart Association | |||||||
| 208 S LaSalle Suite 1500 | Chicago | IL | 60604 | 135613797 | 501(c)(3) | $20,000 | This grant supports the American Heart Association's (AHA) 2014 Chicagoland Heart Walk. The Heart Walk is the AHA's premiere event for raising funds to save lives from heart disease and strokes. |
| Gilda's Club Chicago | |||||||
| 537 North Wells Street | Chicago | IL | 60654 | 364115144 | 501(c)(3) | $10,000 | This grant provides general support of the Club's program reaching underserved community members and their family and friends impacted by cancer. Gilda's Club Chicago strengthens communities' bonds by creating a supportive network for people with cancer. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | If 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 ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Michael Reinsdorf and Nancy Reinsdorf have a family relationship. |
| Form 990, Part VI, Section A, line 6 | Chicago Bulls Charities has one member; Michael Reinsdorf. |
| Form 990, Part VI, Section A, line 7a | The member has the right to remove directors and appoint directors. |
| Form 990, Part VI, Section A, line 8b | Chicago Bulls Charities does not have official committees. |
| Form 990, Part VI, Section B, line 11 | Form 990 is prepared by an outside accounting firm and reviewed by management. |
| Form 990, Part VI, Section B, line 12c | Each 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. |
| Form 990, Part VI, Section C, line 19 | The governing documents and financial statements are on file with the Charitable Trust Division of Illinois Attorney General Office. |
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