Pmml North Inc is located in Chicago, IL. The organization was established in 2019. 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 12/2022, Pmml North Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pmml North 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 12/2022, Pmml North Inc generated $50.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (34.2%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COLLECTION, PRESERVATION, AND DISSEMINATION OF MATERIALS AND INFORMATION (CONTINUED ON SCH O) RELATING TO MILITARY HISTORY AND THE ROLE OF THE CITIZEN SOLDIER IN AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, THE LIBRARY AND THE COLLECTIONS DEPARTMENTS STARTED A YEARLONG PREPARATION OF THE ENTIRE COLLECTION FOR THE MOVE TO THE NEW FACILITY IN SOMERS WI. THIS PROCESS REQUIRED ADDITIONAL STAFF TO PROCESS TOTAL OF APPROXIMATELY 116,000 ITEMS. THE LIBRARY STAFF PREPARED 74,484 BOOKS. THIS INCLUDED CATALOGING SOME OF OUR BACKLOG OF COLLECTION MATERIALS, AN OUTSIDE APPRAISAL OF ITEMS THAT WERE DONATED WITHOUT APPRAISED VALUATIONS TO UPDATE INSURANCE VALUES PRIOR TO THE MOVEMENT OF ITEMS, A COMPLETE INVENTORY OF THE COLLECTION (THE FIRST FULL INVENTORY IN MORE THAN 10 YEARS) TO UPDATE HOLDING RECORDS PRIOR TO THE MOVEMENT OF ITEMS, AND RE-HOUSING AND ASSESSING INDIVIDUAL COLLECTION ITEMS FOR (CONTINUED ON SCH O) CONSERVATION MEASURES SO THOSE ITEMS WOULD BE MOVED SAFELY WITHOUT DAMAGE.THE COLLECTIONS STAFF PROCESSED 41,486 ITEMS IN PREPARATION FOR THE MOVE. THE PROCESS CONSISTED OF LOCATION INVENTORY AND PREPARING CONDITION REPORTS, PHOTOGRAPHING, CLEANING, AND PACKING OF ALL ITEMS. IN ADDITION, THE STAFF HAD TO PACK NON-COLLECTIONS SUPPLIES AND EQUIPMENT TO THE NEW FACILITY. A TOTAL OF 4 PART-TIME POSITIONS WERE HIRED FOR THIS EFFORT.THE ORGANIZATION IS IN IT'S FIRST FIVE YEARS, AND IN START-UP MODE. THE ORGANIZATION HAS BEEN FOCUSED ON BUILDING FACILITIES AND LAND IMPROVEMENTS, WHICH IS WHY PROGRAM REVENUES AND EXPENSES ARE ZERO AT THIS TIME. FOR CALENDAR YEAR 2023, THERE WILL BE A PARTIAL YEAR OF ACTIVITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Rifkin Director | Trustee | 4 | $23,451 |
Col Il Jennifer N Pritzker President, Chair And Director | OfficerTrustee | 1 | $0 |
Mary Parthe Secretary And Director | OfficerTrustee | 1 | $0 |
Shari Koehler Treasurer And Director | OfficerTrustee | 1 | $0 |
Bridget Altenburg Director | Trustee | 1 | $0 |
Stephen Evans Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pepperriley Construction Company Llc Construction | 12/30/22 | $20,545,675 |
Tawani Enterprises Inc Management Fee | 12/30/22 | $294,549 |
Daccord Group Llc Construction | 12/30/22 | $265,628 |
Tawani Property Management Llc Management Fee | 12/30/22 | $177,321 |
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 | $49,015,619 |
Noncash contributions included in lines 1a–1f | $48,848,782 |
Total Revenue from Contributions, Gifts, Grants & Similar | $49,015,619 |
Total Program Service Revenue | $0 |
Investment income | $1,130,528 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $27,914 |
Net Gain/Loss on Asset Sales | -$200,488 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $49,973,573 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $444,122 |
Pension plan accruals and contributions | $45,749 |
Other employee benefits | $124,586 |
Payroll taxes | $37,532 |
Fees for services: Management | $299,414 |
Fees for services: Legal | $1,050 |
Fees for services: Accounting | $46,878 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,531 |
Advertising and promotion | $0 |
Office expenses | $3,775 |
Information technology | $47,502 |
Royalties | $0 |
Occupancy | $609,226 |
Travel | $5,400 |
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 | $2,698 |
Insurance | $0 |
All other expenses | $1,488 |
Total functional expenses | $1,709,016 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,000,500 |
Savings and temporary cash investments | $3,785,745 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,265,964 |
Loans from Officers, Directors, or Controlling Persons | $386,498 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,395 |
Net Land, buildings, and equipment | $85,507,377 |
Investments—publicly traded securities | $106,015,875 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $442,130 |
Total assets | $210,406,484 |
Accounts payable and accrued expenses | $2,158,386 |
Grants payable | $0 |
Deferred revenue | $6,232 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $41,090 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $152,111 |
Total liabilities | $2,357,819 |
Net assets without donor restrictions | $208,048,665 |
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 | $210,406,484 |