Gilloury Institute
- Assets
- $2.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Chicago, IL
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 01-0693025
Organization Overview
Gilloury Institute, operating under the name Silk Road Rising, is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Silk Road Rising employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silk Road Rising 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, Silk Road Rising generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $665.3k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE CREATION OF AND EXPAND ACCESS TO WORKS OF PAN-ASIAN, N AFRICAN, AND MUSLIM ARTISTS; DEEPEN UNDERSTANDING OF PAN-ASIAN, N AFRICAN, AND MUSLIM CULTURES WITHIN THE BROADER COMMUNITY; INCREASE ACCESS TO RESOURCES AND PROVIDE LEARNING TO EMBRACE A BROADER WORLDVIEW
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SILK ROAD RISING CONTINUED TO PROVIDE CHICAGO COMMUNITIES WITH INNOVATIVE STORYTELLING PROGRAMS. WE PROVIDED 18 RESIDENCIES THROUGH OUR EPIC (EMPATHIC PLAYWRITING INTENSIVE COURSE) PROGRAM IN CHICAGO SCHOOLS AND COMMUNITY ORGANIZATIONS DURING THE 2021 CALENDAR YEAR (9 IN THE SPRING AND 9 IN THE FALL) AND SERVED 434 PARTICIPANTS. THIS YEAR WE ALSO RELAUNCHED AN EDUCATION PROGRAM FOR YOUNG LEARNERS (GRADES 2-5) CALLED MYTHS TO DRAMA.
THEATRE SILK ROAD RISING HAD BEEN OPTIMISTIC ABOUT OUR LONG-AWAITED RETURN TO LIVE THEATRE, HOWEVER, WE ULTIMATELY CANCELED OUR LIVE FALL PRODUCTION OF CHRISTMAS MUBARAK DUE TO THE UNCERTAINTIES OF NEW COVID-19 VARIANTS AND THE RISE IN CASES. PRIOR TO MAKING THIS DECISION, WE HAD ALREADY CAST THE SHOW, BEGAN PRODUCTION MEETINGS, AND EVEN CREATED A PANEL OF EXPERT SCHOLARS.LAST YEAR WE EMPLOYED 58 ARTISTS AND ARTS PROFESSIONALS, 76% OF WHOM ARE BIPOC ARTISTS WITH 40% OF SILK ROAD BACKGROUNDS (24% WHITE, 19% BLACK, 17% ASIAN/PACIFIC ISLANDER, 16% MIDDLE EASTERN/NORTH AFRICAN, 10% LATINX, 7% SOUTH ASIAN, 5% BI- OR MULTIRACIAL, AND 2% INDIGENOUS).
COMMUNITY ARTS WE ARE EXCITED TO SHARE THAT WE PRODUCED A NEW VIDEO PROJECT, THE COVID MONOLOGUES, AND CONTINUED TO REACH IMMIGRANT AND REFUGEE COMMUNITIES IN CHICAGOS WEST RIDGE NEIGHBORHOOD THROUGH OUR EPIC FOR ENGLISH LANGUAGE LEARNERS PROGRAM. OUR GOAL WAS TO HELP WEST RIDGE RESIDENTS RECONCILE THEIR EXPERIENCES FROM THE PANDEMIC AND TO PROVIDE INNOVATIVE STORYTELLING PROGRAMMING THAT WILL BUILD GREATER COHESION.
OTHER PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamil Khoury Co-Executive Artistic Directo | Trustee | 45 | $96,044 |
Malik Gillani Co-Executive Artistic Directo | OfficerTrustee | 40 | $89,954 |
John Hepokoski Treasurer | OfficerTrustee | 2 | $0 |
Ryan Lahurd President | OfficerTrustee | 3 | $0 |
Rummana Hussain Secretary | OfficerTrustee | 2 | $0 |
Jeff Conlin Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $212,086 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,325,659 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,537,745 |
| Total Program Service Revenue | $15,775 |
| Investment income | $384 |
| 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 | $1,553,904 |
| 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 | $328,793 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,430 |
| Payroll taxes | $24,445 |
| 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 | $103,752 |
| Advertising and promotion | $2,240 |
| Office expenses | $4,075 |
| Information technology | $12,764 |
| Royalties | $250 |
| Occupancy | $72,440 |
| Travel | $5,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $115 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,099 |
| Insurance | $20,118 |
| All other expenses | $4,139 |
| Total functional expenses | $665,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,128,603 |
| Savings and temporary cash investments | $460,254 |
| Pledges and grants receivable | $29,550 |
| Accounts receivable, net | $94,171 |
| 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 | $6,469 |
| Net Land, buildings, and equipment | $269,226 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $346,500 |
| Total assets | $2,334,773 |
| Accounts payable and accrued expenses | $8,511 |
| Grants payable | $0 |
| Deferred revenue | $2,966 |
| 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 | $94,095 |
| Total liabilities | $105,572 |
| Net assets without donor restrictions | $1,582,562 |
| Net assets with donor restrictions | $646,639 |
| 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 | $2,334,773 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Gilloury Institute has recieved totaling $664,875.
| Awarding Organization | Amount |
|---|---|
Iff Chicago, IL PURPOSE: Working Capital as part of the CCT program grant | $575,000 |
Joyce Foundation Chicago, IL PURPOSE: CULTURE | $30,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: GENERAL OPERATING | $25,000 |
Doris Duke Foundation For Islamic Art New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $24,375 |
James And Brenda Grusecki Family Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $10,000 |
Allstate Foundation Northbrook, IL PURPOSE: EMPLOYEE HELPING HANDS GRANT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Acled Grafton, WI | $4,859,421 | $7,782,981 |
Henry M Paulson Jr Institute Chicago, IL | $21,567,967 | $6,055,335 |
Friends Of Elnet Skokie, IL | $4,365,191 | $6,109,452 |
Cure Violence Global Chicago, IL | $1,002,868 | $3,682,549 |
Tutapona Inc New Richmond, WI | $314,316 | $1,024,140 |
Gilloury Institute Chicago, IL | $2,334,773 | $1,553,904 |
Kentucky Institute For International Studies Inc Bowling Green, KY | $370,143 | $326,565 |
Middle East Cultural And Charitable Society Chicago, IL | $731,936 | $593,344 |
Iowa Council For International Understanding Des Moines, IA | $94,867 | $504,179 |
Japan America Society Of Chicago Inc Chicago, IL | $1,136,494 | $554,456 |
Global Ties Kc Inc Kansas City, MO | $457,247 | $330,597 |
Damou Christian Mission Inc Noblesville, IN | $87,496 | $351,282 |