Gilloury Institute
- Assets
- $2.0m
- Revenue
- $551.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Chicago, IL
- Founding
- 09/2002
- Data as of
- 06/2024
- EIN
- 01-0693025
Organization Overview
Gilloury Institute, operating under the name Silk Road Cultural Center, is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2024, Silk Road Cultural Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silk Road Cultural Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Silk Road Cultural Center generated $551.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $716.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE CREATION OF AND EXPAND ACCESS TO WORKS OF PAN-ASIAN, N AFRICAN, AND MUSLIM ARTISTS; DEEPEN UNDERSTANDING OF PAN-ASIAN, N AFRICAN, AND MUSLIM CULTURES WITHIN THE BROADER COMMUNITY; INCREASE ACCESS TO RESOURCES AND PROVIDE LEARNING TO EMBRACE A BROADER WORLDVIEW
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEATRE: THE ORGANIZATION CONTINUED WORK ON THREE NEW LIVE THEATRE PROJECTS WITH THE INTENT TO PRODUCE THEM IN THE COMING YEARS. EACH OF THE LIVE THEATRE PROJECTS EXPLORES AN UNTOLD SILK ROAD STORY; EXAMINING CONCEPTS OF HOME, ROOTEDNESS, AND HEALING. THE THREE PROJECTS ARE TITLED, THE ART OF APHASIA, EVE, AND ROAD LESS TRAVELED. THE ORGANIZATION IS CURRENTLY EXPLORING NEW OPPORTUNITIES AND ENGAGING IN CONVERSATIONS WITH ARTISTS AND PLAYWRIGHTS.
ARTS SERVICE: THE ORGANIZATION ENGAGES IN MOVEMENTS THAT DEEPEN CULTURAL REPRESENTATION AND GRASSROOTS SOLIDARITY. THROUGH THEIR INVOLVEMENT IN NATIONAL ARTS ORGANIZATIONS AND ALLIANCES, THEY INNOVATE NEW MODELS OF ARTMAKING, CONNECTIVITY, AND COLLABORATION.
OTHER PROGRAM SERVICES INCLUDE A VARIETY OF PROGRAMS INCLUDING DEVELOPING THE POLYCULTURAL INSTITUTE, ENGAGING WITH THE LOCAL COMMUNITY, AND WINDING DOWN THE EDUCATION PROGRAM DURING THE SCHOOL YEAR.
DIGITAL ARTS: SILK ROAD CULTURAL CENTER FIRST COINED THE TERM VIDEO PLAY IN 2011. THIS EVOLVING GENRE IS NEITHER A FILMED STAGED PLAY NOR A MOVIE, BUT RATHER A BLENDED GENRE THAT COMBINES THE LANGUAGE AND AESTHETICS OF LIVE THEATRE WITH THE TECHNOLOGY AND ACCESSIBILITY OF DIGITAL FILMMAKING. DURING THE LAST FISCAL YEAR, THE ORGANIZATION BUILT THEIR OWN MOBILE SOUND AND VIDEO STUDIO AND IS PREPARING TO PRODUCE NEW DIGITAL CONTENT IN THE COMING YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Dionne Board Member | Trustee | 1 | $0 |
Nirav Shah Board Member | Trustee | 1 | $0 |
Amynah Ali Board Member | Trustee | 1 | $0 |
Samer Kanaan Board Member | Trustee | 1 | $0 |
Mohamed Atef Board Member | Trustee | 1 | $0 |
Malik Gillani Co-Executive Artistic Directo | OfficerTrustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $68,819 |
| All other contributions, gifts, grants, and similar amounts not included above | $428,668 |
| Noncash contributions included in lines 1a–1f | $23,469 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $497,487 |
| Total Program Service Revenue | $10,160 |
| Investment income | $6,141 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $551,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $273,259 |
| Pension plan accruals and contributions | $14,991 |
| Other employee benefits | $40,440 |
| Payroll taxes | $23,010 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112,112 |
| Advertising and promotion | $3,471 |
| Office expenses | $6,120 |
| Information technology | $31,190 |
| Royalties | $0 |
| Occupancy | $96,230 |
| Travel | $40,726 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,035 |
| Insurance | $15,853 |
| All other expenses | $8,624 |
| Total functional expenses | $716,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,303 |
| Savings and temporary cash investments | $1,319,330 |
| Pledges and grants receivable | $86,419 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,281 |
| Net Land, buildings, and equipment | $12,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $251,001 |
| Total assets | $1,994,257 |
| Accounts payable and accrued expenses | $16,282 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,397 |
| Total liabilities | $39,679 |
| Net assets without donor restrictions | $1,954,578 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,994,257 |