Chicago Architecture Biennial Inc
- Assets
- $543.1k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Chicago, IL
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 47-1305533
Organization Overview
Chicago Architecture Biennial Inc is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Chicago Architecture Biennial Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Architecture Biennial Inc 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, Chicago Architecture Biennial Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. 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
THE CHICAGO ARCHITECTURE BIENNIAL (CAB) IS A NON-PROFIT ORGANIZATION DEDICATED TO CONVENING THE WORLD TO EXPLORE INNOVATIVE IDEAS AND BRING PEOPLE TOGETHER TO COLLECTIVELY IMAGINE AND SHAPE THE FUTURE OF DESIGN THROUGH A PUBLIC PROGRAM OF EXHIBITIONS AND EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE FALL OF 2023, THE CHICAGO ARCHITECTURE BIENNIAL OPENED CAB 5: THIS IS A REHEARSAL, A CITY-WIDE EXHIBITION AND SERIES OF PUBLIC PROGRAMS LED BY THE ARTISTIC TEAM FLOATING MUSEUM, CO-DIRECTED BY JEREMIAH HULSEBOS-SPOFFORD, FAHEEM MAJEED,ANDREW SCHACHMAN, AND AVERY R. YOUNG. THE PROJECT EXPLORED HOW CONTEMPORARY ENVIRONMENTAL, POLITICAL, AND ECONOMIC ISSUES ARE SHARED ACROSS NATIONAL BOUNDARIES BUT ARE ADDRESSED DIFFERENTLY AROUND THE WORLD THROUGH ART, ARCHITECTURE, INFRASTRUCTURE, AND CIVIC PARTICIPATION. THE FIFTH EDITION OF THE BIENNIAL FEATURED THE WORK OF OVER 80 ARCHITECTS, ARTISTS AND DESIGNERS FROM AROUND THE WORLD AND ENGAGED OVER 200,000 VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Kaplan Executive Dir. | Officer | 40 | $103,211 |
Kimberly Dowdell Trustee | Trustee | 1 | $0 |
Jackie Koo Trustee | Trustee | 1 | $0 |
Michelle T Boone Trustee | Trustee | 1 | $0 |
Laurel Appell Lipkin Trustee | Trustee | 1 | $0 |
Mark P Sexton Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Camron Consulting | 12/30/19 | $246,717 |
Chicago Scenic Studios Exhibit Services | 12/30/19 | $124,033 |
Agency H5 Marketing | 12/30/19 | $121,366 |
Laplaca Cohen Advertising Inc Advertising | 12/30/19 | $160,020 |
Vero Design Build Llc Exhibit Services | 12/30/19 | $108,114 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $745,239 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,314,032 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,059,271 |
| Total Program Service Revenue | $0 |
| 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 | $49,645 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,108,916 |
| 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. | $104,399 |
| Compensation of current officers, directors, key employees. | $15,660 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,157 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,633 |
| Payroll taxes | $19,920 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $276,310 |
| Advertising and promotion | $191,523 |
| Office expenses | $37,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $88,733 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,474 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $137 |
| Insurance | $33,185 |
| All other expenses | $0 |
| Total functional expenses | $2,164,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,890 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $233,174 |
| 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 | $543,064 |
| Accounts payable and accrued expenses | $387,201 |
| 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 | $1 |
| Total liabilities | $387,202 |
| Net assets without donor restrictions | $65,862 |
| Net assets with donor restrictions | $90,000 |
| 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 | $543,064 |