Chicago Athenaeum The Center For Architecture Art And Urban Studies
- Assets
- $621.4k
- Revenue
- $618.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Galena, IL
- Founding
- 03/1994
- Data as of
- 12/2023
- EIN
- 36-3703699
Organization Overview
Chicago Athenaeum The Center For Architecture Art And Urban Studies, operating under the name Architecture Art & Urban Studi, is located in Galena, IL. The organization was established in 1994. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Architecture Art & Urban Studi employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Architecture Art & Urban Studi 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 12/2023, Architecture Art & Urban Studi generated $618.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $796.7k during the year ending 12/2023. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A MUSEUM FOR THE EDUCATION AND PROMOTION OF ARCHITECTURE AND ART FOR THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART COLLECTIONS/EXHIBITIONS IN GALENA ILLINOIS, SCHAUMBURG ILLINOIS, CHICAGO ILLINOIS, ATHENS GREECE FOR THE PROMOTION AND EDUCATION OF THE LATESTED AND BEST AMERICAN AND INTERNATIONAL ARCHITECTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian K Narkiewicz Laine President & CEO | OfficerTrustee | 40 | $190,000 |
Kieran Conlon Executive Dir. | Officer | 40 | $120,000 |
Ioannis Karalias Vice President | OfficerTrustee | 5.5 | $0 |
Helene Eidimtas Director | OfficerTrustee | 5.5 | $0 |
Victoria Georgouvelo Director | OfficerTrustee | 5.5 | $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 | $613,423 |
| Investment income | $2,156 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,271 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $618,850 |
| 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. | $310,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,288 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,744 |
| Payroll taxes | $7,509 |
| 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 | $224,021 |
| Advertising and promotion | $0 |
| Office expenses | $10,826 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,385 |
| Travel | $30,845 |
| 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 | $0 |
| Insurance | $13,101 |
| All other expenses | $5,967 |
| Total functional expenses | $796,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $621,393 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $621,393 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $621,393 |
| 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 | $621,393 |