Mission
TO FOSTER, PROMOTE, MAINTAIN AND ENCOURAGE THE CIVIC, SOCIAL, COMMERCIAL AND INDUSTRIAL WELFARE OF 'THE MAGNIFICENT MILE' IN THE CITY OF CHICAGO.
Public Charity
THE MAGNIFICENT MILE ASSOCIATION
THE MAGNIFICENT MILE ASSOCIATION, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.2M in revenue, $4.2M in expenses, $2.2M in total assets. 6 publicly reported grants to this organization, totaling roughly $78K, appear in IRS filings.
EIN: 362119989
CHICAGO, IL
Chambers of Commerce & Business Leagues
NTEE: S41
Latest filing: 2024
Total Revenue$4.2M
Total Expenses$4.2M
Total Assets$2.2M
Grant Records6
Funding Total$78K
Filing Years2020–2024
Where $100 goes at The Magnificent Mile Association
How The Magnificent Mile Association divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$64
Programs
the work itself
$31
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $64 for programs
$22
The magnificent mile lights festival brought significant local, regional, and national publicity which promoted Chicago as a premier holiday destination
$21
Through strategic partnerships the association worked with many partners to bring attention to the district and create meaningful experiences for visitors
$21
Through the association's website and social media the association promotes the district in real time to local, domestic, and international visitors and builds powerful brand awareness year-round for…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
COMMUNITY SUPPORT
$36,000
Mission Support
$18,500
Operational Support
$5,150
Support of annual program
$7,500
GRANT TO OTHER ORGANIZATION THAT SHARES THE SAME PRINCIPLES.
$5,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
Director
Aileen Gaspari
Director
Alexis Brown
Director
Ali Azhar
Director
Andrew Carlson
Director
Angela Bauer
Director
Anthony Ollmann
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.2M | $4.2M | $2.2M |
| 2023 | $3.5M | $3.6M | $2.5M |
| 2022 | $4.3M | $4.0M | $1.5M |
| 2021 | $2.3M | $2.3M | $1.1M |
| 2020 | $1.7M | $1.3M | $783K |
Between 2020 and 2024, reported annual revenue grew from $1.7M to $4.2M (+152%), with total assets most recently reported at $2.2M.
Interactive year-over-year charts and full filing details available with membership.