Foundation For Illinois Colonial And American Studies
- Assets
- $557.0k
- Revenue
- $627.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Mt Auburn, IL
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-4219582
Organization Overview
Foundation For Illinois Colonial And American Studies is located in Mt Auburn, IL. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Illinois Colonial And American Studies 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, Foundation For Illinois Colonial And American Studies generated $627.6k in total revenue. All expenses for the organization totaled $99.4k during the year ending 12/2022. While expenses have increased by 47.6% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVING THE LEGACY OF COLONIAL AND EARLY AMERICAN SETTLEMENT IN THE ILLINOIS COUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE OF THE PRINCIPAL MANDATES OF THE FOUNDATION'S MISSION IS TO PRODUCE A PUBLICATION SERIES, IN BOTH PRINT AND DIGITAL MEDIUMS. THE FIRST PRINT PUBLICATION, THE MATERIAL WORLD OF THE KASKASKIA, WAS RELEASED THIS YEAR. THIS VOLUME PUBLISHES FOR THE FIRST TIME INFORMATION CONCERNING OVER 13,000 ARTIFACTS COLLECTED AT A VILLAGE OCCUPIED BY THE KASKASKIA TRIBE OF THE ILLINOIS FROM 1721 THROUGH THE 1770S.
ANOTHER PRINCIPAL ELEMENT OF THE FOUNDATION'S MISSION IS TO PROVIDE ONLINE ACCESS TO ARCHIVAL AND ARCHAEOLOGICAL DATA, FOR USE BY SCHOLARS AND THE GENERAL PUBLIC. THE WEBSITE WAS COMPLETED IN EARLY 2022, BUT WAS REBUILT ON A NEW AND IMPROVED PLATFORM AND SERVER MID-YEAR. RECENT UPDATES INCLUDE COLONIAL ILLINOIS CHURCH RECORDS, READINGS FROM 17TH CENTURY FRENCH-ILLINOIS DICTIONARIES, AND NEW INFORMATION CONCERNING 17TH CENTURY FORTIFICATIONS ON THE ILLINOIS RIVER.
THE DEVELOPMENT OF THE RESEARCH LIBRARY WAS A MISSION-RELATED TASK ADDRESSED BY THE FOUNDATION THIS YEAR. OVER 50 VOLUMES WERE PURCHASED OR RECEIVED AS DONATIONS AND ADDED TO THE LIBRARY THIS YEAR. THESE PURCHASES INCLUDE OLDER, OUT OF PRINT TITLES NEEDED TO FILL IN GAPS IN THE COLLECTION AS WELL AS RECENTLY PUBLISHED TITLES. AN IMPORTANT ADDITION WAS THE 28-VOLUME SET OF DIDEROT'S ENCYCLOPEDIA. ALSO ADDED TO THE RESEARCH LIBRARY WAS NEW RESEARCH MATERIALS (CULLED FROM REGIONAL ARCHIVES) CONCERNING COLONIAL PEORIA AND FORT DE CHARTRES IN RANDOLPH COUNTY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrie Dean President | OfficerTrustee | 1 | $0 |
Robert Mazrim Executive Director | OfficerTrustee | 20 | $63,000 |
Curtis Mann Secretary | OfficerTrustee | 5 | $4,000 |
Margaret Brown Treasurer | OfficerTrustee | 1 | $0 |
Stephanie Martin Member | Trustee | 1 | $0 |
Corrine Carlson Member | Trustee | 1 | $6,287 |
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 | $625,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $625,025 |
| Total Program Service Revenue | $0 |
| Investment income | $2,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $627,594 |
| 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. | $67,000 |
| Compensation of current officers, directors, key employees. | $35,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,239 |
| 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 | $9,496 |
| Advertising and promotion | $0 |
| Office expenses | $289 |
| Information technology | $2,076 |
| Royalties | $0 |
| Occupancy | $10,200 |
| Travel | $0 |
| 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 | $472 |
| All other expenses | $4,652 |
| Total functional expenses | $99,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,252 |
| Savings and temporary cash investments | $0 |
| 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 | $505,726 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $556,978 |
| 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 | $556,978 |
| 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 | $556,978 |