Charnley-Persky House Museum Foundation is located in Chicago, IL. The organization was established in 1997. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charnley-Persky House Museum Foundation 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 09/2021, Charnley-Persky House Museum Foundation generated $140.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $135.7k during the year ending 09/2021. 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 PRESERVE, RESTORE, AND OPERATE THE HOUSE AS A MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE THE HOUSE AS A MUSEUM FOR THE PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Morton President | OfficerTrustee | 2 | $0 |
Carla Yanni First Vice President | OfficerTrustee | 2 | $0 |
Mohammad Gharipour Second Vice President | OfficerTrustee | 2 | $0 |
Lynne Horiuchi Secretary | OfficerTrustee | 2 | $0 |
Gail Dubrow Treasurer | OfficerTrustee | 2 | $0 |
Tiara Hughes Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $45,657 |
Investment income | $8,301 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $35,371 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $140,624 |
Statement of Expenses | |
---|---|
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 to disqualified persons | $0 |
Other salaries and wages | $10,458 |
Pension plan accruals and contributions | $469 |
Other employee benefits | $983 |
Payroll taxes | $775 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,320 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,938 |
Fees for services: Other | $27,765 |
Advertising and promotion | $0 |
Office expenses | $1,651 |
Information technology | $2,288 |
Royalties | $0 |
Occupancy | $52,537 |
Travel | $20 |
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 | $8,163 |
Insurance | $19,360 |
All other expenses | $0 |
Total functional expenses | $135,727 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100 |
Savings and temporary cash investments | $93,052 |
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 | $19,461 |
Investments—publicly traded securities | $360,909 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,652,541 |
Total assets | $2,162,544 |
Accounts payable and accrued expenses | $19,638 |
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 | $19,638 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $2,142,906 |