Museums In The Park Inc
- Assets
- $155.4k
- Revenue
- $300.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 08/2003
- Data as of
- 06/2022
- EIN
- 30-0186121
Organization Overview
Museums In The Park Inc is located in Chicago, IL. The organization was established in 2003. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Museums In The Park Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museums In The Park Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Museums In The Park Inc generated $300.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $300.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
A BUSINESS ASSOCIATION FOR THE ADVANCEMENT OF MEMBER MUSEUMS LOCATED ON CHICAGO PARK DISTRICT LAND THROUGHOUT THE CITY OF CHICAGO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARK VOYAGERS - IN PARTNERSHIP WITH THE CHICAGO PARK DISTRICT, THE PROGRAM INTRODUCES FAMILIES AND CHILDREN TO MUSEUM RESOURCES AND PROMOTES COLLABORATION AMONG MEMBER MUSEUMS.
COORDINATED CAMPAIGN - AN EFFORT BY SIXTEEN MUSEUMS TO CREATE OPPORTUNITIES TO PROMOTE CHICAGO AREA MUSEUMS, IN ORDER TO ENGAGE, EDUCATE AND BROADEN THE LIFE EXPERIENCES OF THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perri Irmer President | OfficerTrustee | 4 | $0 |
Julian Siggers Vice President | OfficerTrustee | 1 | $0 |
Madeleine Grynsztejn Treasurer | OfficerTrustee | 1 | $0 |
Chevy Humphrey Secretary | OfficerTrustee | 1 | $0 |
Michelle Larson Director | Trustee | 1 | $0 |
James Rondeau Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $300,744 |
| Investment income | $0 |
| 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 | $300,744 |
| 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 | $134,380 |
| Pension plan accruals and contributions | $2,777 |
| Other employee benefits | $26,642 |
| Payroll taxes | $10,306 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,478 |
| Fees for services: Lobbying | $90,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,662 |
| Advertising and promotion | $0 |
| Office expenses | $4,260 |
| Information technology | $1,596 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $185 |
| 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 | $737 |
| Insurance | $5,518 |
| All other expenses | $0 |
| Total functional expenses | $300,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,741 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $2,782 |
| Net Land, buildings, and equipment | $2,835 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $155,358 |
| Accounts payable and accrued expenses | $20,727 |
| Grants payable | $0 |
| Deferred revenue | $51,546 |
| 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 | $0 |
| Total liabilities | $72,273 |
| Net assets without donor restrictions | $83,085 |
| 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 | $155,358 |
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