Chicago Council On Global Affairs
- Assets
- $40.3m
- Revenue
- $8.5m
- Investments
- $26.6m
- Employees
- 76
- Location
- Chicago, IL
- Founding
- 07/1938
- Data as of
- 12/2021
- EIN
- 36-2181969
Organization Overview
Chicago Council On Global Affairs is located in Chicago, IL. The organization was established in 1938. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Chicago Council On Global Affairs employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Council On Global Affairs 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, Chicago Council On Global Affairs generated $8.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $11.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. 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
THE CHICAGO COUNCIL ON GLOBAL AFFAIRS IS AN INDEPENDENT, NONPARTISAN ORGANIZATION THAT PROVIDES INSIGHT ON CRITICAL GLOBAL ISSUES, ADVANCES POLICY SOLUTIONS, AND FOSTERS DIALOGUE ON WHAT IS HAPPENING IN THE WORLD AND WHY IT MATTERS TO PEOPLE IN CHICAGO, THE UNITED STATES, AND AROUND THE GLOBE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC PROGRAMMING & ENGAGEMENT: ENGAGING THE INFORMED AND INTERESTED PUBLIC IN GLOBAL AFFAIRS BY CURATING RELEVANT, TIMELY CONTENT ON CRITICAL ISSUES AND PROVIDING A BALANCED FORUM FOR CHALLENGING, THOUGHTFUL DIALOGUES WITH GLOBAL LEADERS, INFLUENCERS, AND EXPERTS.
LESTER CROWN CENTER ON US FOREIGN POLICY: INFLUENCING DISCOURSE AND DECISIONS ON IMPORTANT US FOREIGN POLICY AND NATIONAL SECURITY ISSUES BY RESEARCHING PUBLIC OPINION AND PRODUCING ORIGINAL POLICY ANALYSIS.
CENTER ON GLOBAL CITIES: ELEVATING GLOBAL CITIES AS CENTRAL ACTORS SHAPING WORLD AFFAIRS AND ADVANCING CITY-BASED SOLUTIONS TO GLOBAL CHALLENGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ivo Daalder President | OfficerTrustee | 40 | $508,490 |
Jennifer Cizner Chief Operating Officer | Officer | 40 | $212,902 |
Brian Hanson Vp, Studies | Officer | 40 | $180,770 |
Robert Cordes Vp, Finance And Admin | Officer | 40 | $178,204 |
Kelly Norton Vp, Development | Officer | 40 | $166,139 |
Danielle Harbison Executive Director, Bct | 40 | $160,413 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vsa Acquisitionsco Llc Brand Positioning And Creative Productio | 12/30/21 | $352,510 |
Agency Ea Event Logistics | 12/30/21 | $227,091 |
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 | $6,183,288 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,183,288 |
| Total Program Service Revenue | $168,173 |
| Investment income | $926,572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,232,842 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,510,875 |
| 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. | $1,246,505 |
| Compensation of current officers, directors, key employees. | $391,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,370,131 |
| Pension plan accruals and contributions | $312,428 |
| Other employee benefits | $425,100 |
| Payroll taxes | $408,428 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,116 |
| Fees for services: Accounting | $29,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,040 |
| Fees for services: Other | $1,050,317 |
| Advertising and promotion | $189,814 |
| Office expenses | $298,112 |
| Information technology | $678,266 |
| Royalties | $0 |
| Occupancy | $1,261,965 |
| Travel | $26,972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $425,773 |
| Interest | $495 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $594,484 |
| Insurance | $44,765 |
| All other expenses | $34,953 |
| Total functional expenses | $11,463,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,074,343 |
| Pledges and grants receivable | $6,889,156 |
| Accounts receivable, net | $63,776 |
| 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 | $556,148 |
| Net Land, buildings, and equipment | $2,928,146 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $26,582,337 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $243,106 |
| Total assets | $40,337,012 |
| Accounts payable and accrued expenses | $289,265 |
| Grants payable | $0 |
| Deferred revenue | $81,344 |
| 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 | $2,804,721 |
| Total liabilities | $3,175,330 |
| Net assets without donor restrictions | $12,526,794 |
| Net assets with donor restrictions | $24,634,888 |
| 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 | $40,337,012 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chicago Council On Global Affairs has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Future Wanxiang Foundation Inc South Barrington, IL PURPOSE: GENERAL SUPPORT | $75,000 |
Endowment Analysis
| Beg. Balance | $26,672,884 |
| Earnings | $3,613,108 |
| Admin Expense | $37,973 |
| Net Contributions | $22,627 |
| Other Expense | $3,410,352 |
| Ending Balance | $26,860,294 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Council On Global Affairs Chicago, IL | $40,337,012 | $8,510,875 |
Educational Perspectives Nfp Chicago, IL | $509,839 | $1,838,374 |
World Affairs Council Of St Louis Saint Louis, MO | $45,672 | $128,850 |
Institute For Research And Education On Human Rights Inc Kansas City, MO | $34,510 | $0 |
International Model United Nations Assoc Inc Saint Louis, MO | $905,719 | $218,398 |
International Forgiveness Institute Inc Madison, WI | $130,597 | $0 |
American-Isreal Education And Economic Institute Of Illinois Chicago, IL | $59,028 | $0 |
Iowa City Foreign Relations Council Iowa City, IA | $44,701 | $0 |