Holocaust Memorial Foundation Of Illinois Inc
- Assets
- $79.8m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 47
- Location
- Skokie, IL
- Founding
- 11/1982
- Data as of
- 12/2020
- EIN
- 36-3156154
Organization Overview
Holocaust Memorial Foundation Of Illinois Inc is located in Skokie, IL. The organization was established in 1982. 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 12/2021, Holocaust Memorial Foundation Of Illinois Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holocaust Memorial Foundation Of Illinois 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 12/2020, Holocaust Memorial Foundation Of Illinois Inc generated $11.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $8.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO RECORD, REMEMBER, AND EDUCATE THE PUBLIC ABOUT THE HOLOCAUST AND HOW IT RELATES TO CURRENT ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ILLINOIS HOLOCAUST MUSEUM & EDUCATION CENTER'S PERMANENT COLLECTION CONSISTS OF OVER 30,000 ITEMS FORMERLY BELONGING TO HOLOCAUST VICTIMS AND SURVIVORS. THESE PRECIOUS ARTIFACTS WERE DONATED BY INDIVIDUALS LIVING PRIMARILY IN THE MIDWEST WHO DIRECTLY EXPERIENCED THE HOLOCAUST. THE MUSEUM, AS CUSTODIANS OF THESE ITEMS, USES THEM TO TELL THE STORIES OF OUR LOCAL SURVIVOR COMMUNITY.
THE MUSEUM HOSTS A WIDE ARRAY OF FILMS, DISCUSSIONS, LECTURES, CONCERTS AND FAMILY PROGRAMS TO PROBE MORE DEEPLY INTO ASPECTS OF CIVIL RIGHTS, HUMAN RIGHTS, TOLERANCE AND HISTORY. EDUCATIONAL PROGRAMMING AND OUTREACH AT THE MUSEUM PROVIDE FORUMS FOR VISITORS TO LEARN ABOUT THE HISTORICAL AND CONTEMPORARY IMPLICATIONS OF THE HOLOCAUST, GENOCIDE AND INJUSTICE AND TO BECOME ADVOCATES FOR CHANGE. DOCENT-LED AND SELF-GUIDED TOURS ARE AVAILABLE FOR SCHOOLS, COMMUNITY ORGANIZATIONS, AND THE PUBLIC.
THE MUSEUM HAS 4 PERMANENT EXHIBITION SPACES, 2 TEMPORARY/SPECIAL EXHIBITION GALLERIES, AND 2 MEMORIAL ROOMS, THE ROOM OF REMEMBRANCE AND HALL OF REFLECTION. THE PERMANENT EXHIBITIONS INCLUDE: 1. THE KARKOMI HOLOCAUST EXHIBITION 2. MAKE A DIFFERENCE! THE HARVEY L. MILLER FAMILY YOUTH EXHIBITION 3. TAKE A STAND CENTER 4. JOURNEY BACK, A VR EXPERIENCE.ROOM OF REMEMBRANCE AND HALL OF REFLECTION ARE MEMORIAL SPACES; FOR A JOURNEY BACK, A VR EXPERIENCE -EMPLOYS CUTTING-EDGE TECHNOLOGY TO ENGAGE VISITORS ON A VIRTUAL REALITY JOURNEY AS THEY TRAVEL THROUGH CONCENTRATION CAMPS WITH HOLOCAUST SURVIVORS WHO EXPERIENCED THEM. THE EXHIBITION IS A GLOBAL GAME-CHANGER, REVOLUTIONIZING THE FIELD OF HOLOCAUST MEMORY THROUGH INNOVATIVE TECHNOLOGY AND STORYTELLING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan L Abrams Chief Executive Officer | Officer | 40 | $431,178 |
Kenneth Cooper VP Of Development | Officer | 40 | $291,976 |
Kelley Hayes Szany VP Of Education & Exhibitions | 40 | $132,699 | |
Eric Schwager VP Of Finance And Operations | 40 | $127,182 | |
Marcy L Larson VP Of Marketing And Business Development | 40 | $115,036 | |
Eve G Samson Associate Director Of Development | 40 | $108,921 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allied Global Marketing Marketing Services | 12/30/21 | $346,433 |
Gallagher And Associates Llc Exhibition Design-vr | 12/30/21 | $109,534 |
Washington Speakers Bureau 2022 Dinner Speaker | 12/30/21 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,833,126 |
| Investment income | $806,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,406 |
| Net Income from Fundraising Events | -$155,710 |
| Net Income from Gaming Activities | $285,376 |
| Net Income from Sales of Inventory | $54,232 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,161,559 |
| Statement of Expenses | |
|---|---|
| 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. | $937,774 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,091,981 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $188,553 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,800 |
| Fees for services: Lobbying | $42,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $105,363 |
| Fees for services: Other | $84,952 |
| Advertising and promotion | $267,301 |
| Office expenses | $114,205 |
| Information technology | $165,001 |
| Royalties | $0 |
| Occupancy | $830,146 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,710 |
| Interest | $463,995 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,038,835 |
| Insurance | $224,808 |
| All other expenses | $0 |
| Total functional expenses | $8,145,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,926,353 |
| Savings and temporary cash investments | $949,283 |
| Pledges and grants receivable | $6,329,166 |
| Accounts receivable, net | $5,469 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $660,620 |
| Inventories for sale or use | $62,626 |
| Prepaid expenses and deferred charges | $1,516,732 |
| Investments—publicly traded securities | $30,942,704 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $79,808,430 |
| Accounts payable and accrued expenses | $298,732 |
| Grants payable | $0 |
| Deferred revenue | $1,119,462 |
| Tax-exempt bond liabilities | $9,963,573 |
| 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 | $1,847,243 |
| Total liabilities | $13,229,010 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $66,579,420 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Holocaust Memorial Foundation Of Illinois Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Maurie & Ethel Meltzer Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Endowment Analysis
| Beg. Balance | $251,136 |
| Earnings | $17,235 |
| Net Contributions | $10,350 |
| Ending Balance | $278,721 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missouri Historical Society Jefferson Memorial Building St Louis, MO | $154,816,775 | $36,156,227 |
Conner Prairie Museum Inc Fishers, IN | $11,539,614 | $17,879,069 |
Chicago Historical Society Chicago, IL | $142,770,893 | $16,768,760 |
Pmml North Inc Chicago, IL | $161,806,539 | $478,889 |
Union Station Kansas City Inc Kansas City, MO | $67,441,549 | $27,511,678 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Holocaust Memorial Foundation Of Illinois Inc Skokie, IL | $79,808,430 | $11,161,559 |
Eaa Aviation Foundation Inc Oshkosh, WI | $62,820,883 | $14,243,844 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
Putnam Museum And Science Center Davenport, IA | $12,236,666 | $5,417,637 |
Museum Of Wisconsin Art Inc West Bend, WI | $10,712,368 | $3,038,325 |
Living History Farms Foundation Des Moines, IA | $16,358,279 | $3,488,331 |