Chicago Historical Society is located in Chicago, IL. The organization was established in 1932. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Chicago Historical Society employed 193 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Historical Society 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 06/2021, Chicago Historical Society generated $16.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $14.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SHARE CHICAGO'S STORIES, SERVING AS A HUB OF SCHOLARSHIP AND LEARNING, INSPIRATION, AND CIVIC ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND AUDIENCE - CHM ENGAGES AUDIENCES WITH HISTORY THAT REFLECTS OUR CITY'S COMPLEX PAST AND DIVERSE COMMUNITIES. OUR EXHIBITIONS AND PROGRAMS BRING CHICAGO'S PAST TO LIFE FOR FAMILIES, ADULTS, MUSEUM MEMBERS, AND STUDENTS. IN 2020, WE FACED SIGNIFICANT LIMITATIONS TO OUR IN-PERSON OFFERINGS BECAUSE OF COVID-19 RESTRICTIONS, AND WE USED OUR VAST ONLINE RESOURCES TO DELIVER CONTENT TO CULTURAL AUDIENCES WHILE THE MUSEUM WAS CLOSED. MOST NOTABLY, WE LAUNCHED OUR CHICAGO HISTORY AT HOME VIRTUAL SERIES, WHICH OFFERS "BITE-SIZE" INTERPRETIVE MOMENTS TO HISTORY LOVERS VIA EMAIL AND SOCIAL MEDIA. THE INITIATIVE DRAWS A MONTHLY AVERAGE REACH OF 350,000 ON SOCIAL MEDIA. OVER 150 POSTS WERE CREATED IN 2020, EACH FEATURING IMAGES FROM OUR COLLECTION AND RELATED STORIES. WE ADVANCED OTHER DIGITAL PROJECTS IN 2020 AS WELL, COMPLETING OUR VIRTUAL REALITY EXPERIENCE OF THE FIRST FERRIS WHEEL AT THE WORLD'S COLUMBIAN EXPOSITION AND ADDING EXHIBITIONS TO OUR GOOGLE ARTS AND CULTURE SITE. WHILE WE WERE ONLY ABLE TO WELCOME 20% OF OUR USUAL 50,000 ANNUAL SCHOOL VISITORS ONSITE, WE STEPPED UP TO SERVE 16,000 STUDENTS AND EDUCATORS WITH REMOTE WORKSHOPS AND VIRTUAL TOURS. ANOTHER 9,200 FAMILIES AND TEACHERS DOWNLOADED OUR LEARNING ACTIVITIES FOR CHILDREN AND YOUTH. THE MUSEUM HOSTS ROBUST PUBLIC PROGRAMS, INCLUDING PANEL DISCUSSIONS, COMMEMORATIVE DAY CELEBRATIONS, FILM SCREENINGS, AND PUBLIC HISTORY TOURS OF THE ICONIC SITES AND NEIGHBORHOOD TREASURES OF CHICAGO. THESE EXPERIENCES ALLOW CHM TO BRING OUR COLLECTION AND INTERPRETIVE CONTENT TO BROAD AUDIENCES. WE REACHED 14,314 PEOPLE THROUGH VIRTUAL PROGRAMS IN 2020. LAST YEAR, CHM SERVED OVER 11,000 STUDENTS THROUGH THE CHICAGO METRO HISTORY FAIR, A PROGRAM THAT ENGAGES NEARLY 90 SCHOOLS WITH AN INQUIRY-BASED CURRICULUM AND CULMINATES IN SHOWCASES OF STUDENT PROJECTS. WE PIVOTED TO VIRTUAL FAIRS AND TEACHER SUPPORT FOR HISTORY FAIR IN 2020.
COLLECTIONS AND RESEARCH CHM HOUSES A PREMIER COLLECTION, ESTIMATED AT 25 MILLION OBJECTS, DOCUMENTS AND IMAGES, INCLUDING AN UNPARALLELED SET OF MATERIALS PERTAINING TO ABRAHAM LINCOLN; ONE OF THE LARGEST AND MOST SIGNIFICANT COSTUME COLLECTIONS IN THE WORLD; THE HEDRICH BLESSING ARCHITECTURE PHOTOGRAPHY COLLECTION; THE PHOTO MORGUES OF THE CHICAGO DAILY NEWS AND THE CHICAGO SUN-TIMES NEWSPAPERS; COLOR WORKS BY VIVAN MAIER; AND THE COMPLETE LIBRARY OF STUDS TERKEL'S WFMT INTERVIEWS. CHM SEEKS TO MAXIMIZE DISCOVERABILITY OF ITS COLLECTIONS, MAKING PRIMARY SOURCE MATERIAL AVAILABLE TO RESEARCHERS. OUR ONSITE VEHICLE FOR PUBLIC ACCESS IS THE RESEARCH CENTER, A NON-CIRCULATING LIBRARY OF PUBLICATIONS, IMAGES, DOCUMENTS, AND ARTIFACTS, WHICH SERVED NEARLY 4,000 PATRONS IN 2021. CHM'S WEBSITE INTRODUCES HUNDREDS OF THOUSANDS OF ANNUAL ONLINE VISITORS TO COLLECTION HOLDINGS AND OFFERS ACCESS TO ITS RESEARCH CENTER STAFF, WHO ADDRESS RESEARCH INQUIRIES. THE RESEARCH CENTER ALSO HOSTS HUNDREDS OF HISTORY DAY STUDENTS EVERY SEASON, WHO VISIT TO CONDUCT RESEARCH ON THEIR SELECTED TOPICS.
EXHIBITIONS CHM SHARES CHICAGO'S STORIES, ENABLING VISITORS TO EXPLORE HISTORICAL THEMES AND EVENTS AND REFLECT ON THE CITY'S DIVERSE COMMUNITIES. CHM EXHIBITS PHOTOS, VIDEOS, ARTIFACTS, AND INTERACTIVE DISPLAYS THAT CONNECT AUDIENCES TO HISTORY. EXHIBITS ARE DESIGNED, FABRICATED, AND INSTALLED ACCORDING TO NATIONAL INDUSTRY BEST PRACTICES AND WITH AN EYE FOR INNOVATIVE METHODS OF INTERPRETATION. IN ADDITION TO MAINTAINING PERMANENT EXHIBITIONS SUCH AS THE LANDMARK CHICAGO: CROSSROADS OF AMERICA, FACING FREEDOM, AND SENSING CHICAGO, CHM OFFERED SEVERAL TEMPORARY EXHIBITIONS IN 2021. THEY INCLUDE REMEMBERING DR. KING: 1929-1968; MILLIONS OF MOMENTS: THE CHICAGO SUN-TIMES PHOTO ARCHIVE; VIVIAN MAIER: IN COLOR; AND CITY ON FIRE: CHICAGO 1871, A MULTIMEDIA EXHIBITION THAT REVISITS THE IMPACT OF THE FIRE FOLLOWING ITS 150TH ANNIVERSARY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald Lassere President And CEO | 35 | $219,239 | |
Cheryl Obermeyer Vice President Of Finance | Officer | 35 | $169,333 |
John Russick Senior Vice President | Officer | 35 | $160,983 |
Gary T Johnson President | 35 | $154,772 | |
Michael Anderson Director Institutional Advancement, Major Gifts | Officer | 35 | $134,424 |
Warren K Chapman Trustee-Second Vice Chair | OfficerTrustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Wisconsin Lift Truck Collection Storage System | 6/29/21 | $193,427 |
Allied Waterproofing Construction Services | 6/29/21 | $286,520 |
Concept Plumbing Earthwork And Demolition | 6/29/21 | $222,042 |
Scott Byron & Company Landscaping Design Services | 6/29/21 | $174,385 |
Hallett Movers Moving Services | 6/29/21 | $225,741 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $430,155 |
Fundraising events | $89,104 |
Related organizations | $0 |
Government grants | $4,485,742 |
All other contributions, gifts, grants, and similar amounts not included above | $7,530,391 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,535,392 |
Total Program Service Revenue | $472,775 |
Investment income | $451,055 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$99,741 |
Net Gain/Loss on Asset Sales | $3,505,389 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$96,110 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,768,760 |
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. | $831,596 |
Compensation of current officers, directors, key employees. | $253,905 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,155,381 |
Pension plan accruals and contributions | $233,969 |
Other employee benefits | $747,107 |
Payroll taxes | $380,532 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,395 |
Fees for services: Accounting | $81,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $820,645 |
Fees for services: Other | $490,345 |
Advertising and promotion | $211,973 |
Office expenses | $293,910 |
Information technology | $70,293 |
Royalties | $0 |
Occupancy | $692,744 |
Travel | $61,453 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $33,788 |
Interest | $2,046,213 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,925,701 |
Insurance | $223,161 |
All other expenses | $1,147,768 |
Total functional expenses | $14,865,994 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $7,060,143 |
Pledges and grants receivable | $4,507,958 |
Accounts receivable, net | $1,587,817 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $2,000,000 |
Inventories for sale or use | $25,553 |
Prepaid expenses and deferred charges | $16,028 |
Net Land, buildings, and equipment | $27,894,882 |
Investments—publicly traded securities | $67,376,144 |
Investments—other securities | $25,979,983 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,322,385 |
Total assets | $142,770,893 |
Accounts payable and accrued expenses | $2,016,980 |
Grants payable | $0 |
Deferred revenue | $534,951 |
Tax-exempt bond liabilities | $50,436,460 |
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 | $17,736,771 |
Total liabilities | $70,725,162 |
Net assets without donor restrictions | $44,268,307 |
Net assets with donor restrictions | $27,777,424 |
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 | $142,770,893 |
Over the last fiscal year, we have identified 33 grants that Chicago Historical Society has recieved totaling $772,696.
Awarding Organization | Amount |
---|---|
Robert R Mccormick Foundation Chicago, IL PURPOSE: RESEARCH COLLECTION STORAGE FACILITY RENOVATION, CHICAGO METRO HISTORY FAIR | $250,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $70,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN RENEWED SUPPORT OF GENERAL OPERATIONS. | $70,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN RENEWED SUPPORT OF GENERAL OPERATIONS. | $70,000 |
The David Herro Charitable Foundation Palm Beach, FL PURPOSE: UNRESTRICTED CONTRIBUTION | $25,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: GENERAL OPERATING | $25,000 |
Beg. Balance | $7,856,227 |
Earnings | $877,351 |
Net Contributions | $2,500,000 |
Other Expense | $334,384 |
Ending Balance | $10,899,194 |
Organization Name | Assets | Revenue |
---|---|---|
Missouri Historical Society Jefferson Memorial Building St Louis, MO | $154,816,775 | $36,156,227 |
Conner Prairie Museum Inc Fishers, IN | $11,539,614 | $17,879,069 |
Chicago Historical Society Chicago, IL | $142,770,893 | $16,768,760 |
Pmml North Inc Chicago, IL | $161,806,539 | $478,889 |
Union Station Kansas City Inc Kansas City, MO | $67,441,549 | $27,511,678 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Holocaust Memorial Foundation Of Illinois Inc Skokie, IL | $79,808,430 | $11,161,559 |
Eaa Aviation Foundation Inc Oshkosh, WI | $62,820,883 | $14,243,844 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
Putnam Museum And Science Center Davenport, IA | $12,236,666 | $5,417,637 |
Museum Of Wisconsin Art Inc West Bend, WI | $10,712,368 | $3,038,325 |
Living History Farms Foundation Des Moines, IA | $16,358,279 | $3,488,331 |