Klairmont Kollections Nfp
- Assets
- $18.9m
- Revenue
- $19.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 82-5417208
Organization Overview
Klairmont Kollections Nfp is located in Chicago, IL. The organization was established in 2018. According to its NTEE Classification (A50) the organization is classified as: 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. Klairmont Kollections Nfp 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 12/2021, Klairmont Kollections Nfp generated $19.4m in total revenue. All expenses for the organization totaled $428.6k during the year ending 12/2021. While expenses have increased by 45.2% per year over the past 3 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN AUTO MUSEUM DEDICATED TO PROMOTING EDUCATIONAL PROGRAMS THAT ENGAGE THE NEXT GENERATION OF YOUTH THROUGH WORKSHOPS, FIELD TRIPS, AND PARTNERSHIPS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Olson President | 60 | $110,875 | |
Alfred M Klairmont Past Vp/past President | 2 | $0 | |
Steve Freeman Treasurer | 2 | $0 | |
Lee Becker Secretary | 2 | $0 | |
Larry Klairmont Past President/chairman | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,831,425 |
| Interest on Savings | $4,922 |
| Dividends & Interest | $6 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$487,505 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $1,285 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71,635 |
| Total Revenue | $19,420,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $110,875 |
| Other employee salaries and wages | $83,457 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,154 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $115,300 |
| Total operating and administrative expenses | $428,629 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $428,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,271 |
| Savings and temporary cash investments | $11,806,183 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,056,425 |
| Total assets | $18,906,879 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $20,000 |
| Total liabilities | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crosswater Canyon Inc Petersburg, KY | $131,093,453 | $43,029,126 |
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
Milwaukee Public Museum Inc Milwaukee, WI | $17,354,362 | $14,883,405 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
Muhammad Ali Museum And Education Louisville, KY | $31,131,591 | $4,563,188 |