Nonprofit · EIN 45-0547664
THE KALO FOUNDATION OF PARK RIDGE
Tax-exempt · PARK RIDGE, IL 60068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $112,667 | $124,734 | -$12,067 | $1,851,570 | $75 | $1,851,495 |
| June 30, 2024 | 990 | $154,475 | $79,470 | $75,005 | $1,820,222 | $169 | $1,820,053 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $63,750
- Program service revenue
- $975
- Investment income
- $59,137
- Net rental income
- -$11,494
- Net income from sales of inventory
- $299
- Other revenue
- -$11,195
Expenses
- Grants and similar amounts paid
- $1,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,400
- Occupancy
- $61,336
- Depreciation
- $44,067
- Program services (functional)
- $94,743
- Management and general (functional)
- $29,991
Balance sheet and other
- Total assets, start of year
- $1,820,222
- Total assets, end of year
- $1,851,570
- Total liabilities, end of year
- $75
- Net assets, end of year
- $1,851,495
- Land, buildings and equipment
- $594,818
- Publicly traded securities
- $1,220,009
- Net assets without donor restrictions
- $1,851,495
- Gross receipts
- $125,207
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2006
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIA HRYCELAK | PRESIDENT Officer | 10 | $0 |
| DON MCEACHERN | TREASURER Officer | 3 | $0 |
| VICKY BELLISARIO | VICE PRESIDE Officer | 3 | $0 |
| JANELLE MARCUCCILLI | CORRESPONDIN Officer | 3 | $0 |
| LEIGH SASSER | VICE PRESIDE Officer | 10 | $0 |
| JUDY BACON | VICE PRESIDE Officer | 3 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIA HRYCELAK | PRESIDENT Officer | 10 | $0 |
| DON MCEACHERN | TREASURER Officer | 10 | $0 |
| VICKY BELLISARIO | VICE PRESIDE Officer | 10 | $0 |
| JANELLE MARCUCCILLI | CORRESPONDIN Officer | 10 | $0 |
| LEIGH SASSER | VICE PRESIDE Officer | 10 | $0 |
| JUDY BACON | VICE PRESIDE Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 255 N NORTHWEST HWY, PARK RIDGE, IL 60068-3343
- In care of
- % DENNIS VAN MIEGHEM
- Principal officer (990 for 2024)
- MARIA HRYCELAK, 126 COLUMBIA AVE, PARK RIDGE, IL 60068
- Signed the 990
- DON MCEACHERN, TREASURER
- Phone
- (847) 792-1970
- Website
- KALOFOUNDATION.ORG
- Return prepared by
- AHLBECK & COMPANY
Mission
DEDICATED TO PRESERVING THE RICH ARTISTIC LEGACY OF THE CITY OF PARK RIDGE, ILLINOIS THROUGH EDUCATION, ADVOCACY, AND PRESERVATION, AS WELL AS PROMOTING THE ARTS AND CRAFTS AS AN INTEGRAL PART OF OUR MODERN LIVES.
Program accomplishments
- KALO FOUNDATION CONTINUES TO RESTORE THE IANNELLI STUDIO & HERITAGE CENTER, ACQUIRE ARTWORK FOR DISPLAY, SPONSOR EDUCATIONAL SEMINARS, EXHIBITS, TOURS, PUBLICATIONS AND SPECIAL EVENTS TO INCREASE AWARENESS AND APPRECIATION OF THE ARTS AND CRAFTS.Expenses $93,243
- KALO FOUNDATION OFFERED ONE 500 PEGLER SCHOLARSHIPS FOR STUDENT ART WINNERS. ARTISTS SUBMIT ARTWORK FOR THE SCHOLARSHIP WHICH IS REVIEWED AND NOTED UPON BY THE BOARD AND THE LOCAL HIGH SCHOOLS TO DETERMINE THE RECIPIENTS OF THE SCHOLARSHIPS.Expenses $1,500 · grants $1,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-0547664
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $1,851,570
- Income (IRS master file)
- $125,207
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $112,667 | $124,734 | $1,851,570 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $154,475 | $79,470 | $1,820,222 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $77,466 | $83,210 | $1,683,846 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-0547664).
Questions about THE KALO FOUNDATION OF PARK RIDGE
- What is the EIN of THE KALO FOUNDATION OF PARK RIDGE?
- The employer identification number (EIN) of THE KALO FOUNDATION OF PARK RIDGE is 45-0547664.
- Is THE KALO FOUNDATION OF PARK RIDGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to THE KALO FOUNDATION OF PARK RIDGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE KALO FOUNDATION OF PARK RIDGE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE KALO FOUNDATION OF PARK RIDGE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE KALO FOUNDATION OF PARK RIDGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE KALO FOUNDATION OF PARK RIDGE?
- The 990 for the year ended June 30, 2025 names MARIA HRYCELAK.
- Who are the officers and directors of THE KALO FOUNDATION OF PARK RIDGE?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does THE KALO FOUNDATION OF PARK RIDGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $112,667, expenses of $124,734 and total assets of $1,851,570 at year end.
Other nonprofits in PARK RIDGE
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- TRIFECTA DANCE COLLECTIVE NFP EIN 81-0955071 · last filed 990-EZ for 2025
- PARK RIDGE FINE ARTS SOCIETY EIN 36-6649412 · last filed 990-EZ for 2026
- GRIPPO STAGE COMPANY INC EIN 46-0628048 · last filed 990-N for 2025
- THIRD EYE THEATRE ENSEMBLE EIN 46-2897055 · last filed 990-EZ for 2023
- CHICAGO BRASS QUINTET EIN 36-3148600 · last filed 990-N for 2025
- SOLI DEO GLORIA BRASS BAND INC EIN 46-5388427 · last filed 990-N for 2025
All nonprofits in PARK RIDGE · Illinois · Arts, culture and humanities