Overview

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Est.

1949

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Luminarts Cultural Foundation, affiliated with the Union League Club of Chicago, is dedicated to cultivating Chicago's vibrant arts community by supporting exemplary young artists through competitive programs that provide financial awards, artistic opportunities, and mentorship. With an operating budget of $569.8K and total revenue of $568.7K for the filing year 2025, the foundation relies on multiple funders, none of whom contribute 50% or more of its revenue. For more information, visit their website at www.luminarts.org.

Mission Statement

THE LUMINARTS CULTURAL FOUNDATION CULTIVATES CHICAGO'S VIBRANT ARTS COMMUNITY BY SUPPORTING EXEMPLARY YOUNG ARTISTS THROUGH ITS COMPETITIVE PROGRAMS THAT OFFER FINANCIAL AWARDS, ARTISTIC OPPORTUNITIES, AND MENTORING THAT BRIDGE THE GAP BETWEEN EDUCATION AND CAREER.
Revenues
$568.7K
Expenses
$766.8K
Net Income:
-$198.2K
Assets
$2.9M
Liabilities
$28.2K
Net Assets:
+$2.8M
Operating Budget
$569.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
8
Median grant size
$13.1K
Largest grant received
$50K
R
Richard Doermer
Board Member
K
Kyle Mackey
Board Member
M
Mark Arizmendi
Board Member

Frequently Asked Questions

What is LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO’s budget?
In 2025, LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO reported an annual operating budget of around $570 thousand. More detailed financial information is available to registered users.
What causes does LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO support?
LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO supports work in Education.
Where does LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO operate?
LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO is headquartered in Chicago, IL.
Who funded LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO recently?
In 2024, LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO received grants from MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC, ELIZABETH MORSE CHARITABLE TRUST XXXXX1008, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO received in 2024?
The largest grant to LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO in 2024 exceeds $50 thousand.
What is LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO’s reliance on government grants?
LUMINARTS CULTURAL FOUNDATION THE UNION LEAGUE CLUB OF CHICAGO relied on government grants for less than 5% of their total revenue in 2025.