Glessner House Museum
- Assets
- $2.2m
- Revenue
- $828.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Chicago, IL
- Founding
- 02/1995
- Data as of
- 06/2022
- EIN
- 36-3985457
Organization Overview
Glessner House Museum is located in Chicago, IL. The organization was established in 1995. 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 06/2023, Glessner House Museum employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glessner House Museum 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 06/2022, Glessner House Museum generated $828.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $556.8k during the year ending 06/2022. While expenses have increased by 6.3% per year over the past 6 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
TO SPARK EXCITMENT IN ARCHITECTURE, HISTORY, AND DESIGN THROUGH A DYNAMIC EXPLORATION OF GLESSNER HOUSE, ITS FAMILY, AND ITS PRESERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND INTERPRETATION OF THE HISTORIC HOME OF JOHN AND FRANCES GLESSNER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Tyre Executive Dir. | Officer | 40 | $84,197 |
Tori Simms President | OfficerTrustee | 2 | $0 |
Michele Rudnick Vice President | OfficerTrustee | 2 | $0 |
John Hug Treasurer | OfficerTrustee | 2 | $0 |
Mary Woolever Secretary | OfficerTrustee | 2 | $0 |
Deneen Marie Bryce Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,487 |
| Fundraising events | $16,817 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $436,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $578,082 |
| Total Program Service Revenue | $108,420 |
| Investment income | $2,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $90,883 |
| Net Gain/Loss on Asset Sales | -$17,532 |
| Net Income from Fundraising Events | $61,745 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,249 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $828,851 |
| 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. | $79,506 |
| Compensation of current officers, directors, key employees. | $23,852 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,149 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,014 |
| Payroll taxes | $15,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,285 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,420 |
| Fees for services: Other | $17,407 |
| Advertising and promotion | $11,386 |
| Office expenses | $6,845 |
| Information technology | $17,593 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $41,031 |
| 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 | $22,699 |
| Insurance | $20,104 |
| All other expenses | $7,970 |
| Total functional expenses | $556,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,356 |
| Savings and temporary cash investments | $497,814 |
| Pledges and grants receivable | $100,400 |
| Accounts receivable, net | $2,400 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,400 |
| Prepaid expenses and deferred charges | $16,732 |
| Net Land, buildings, and equipment | $643,756 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $558,717 |
| Total assets | $2,150,575 |
| Accounts payable and accrued expenses | $9,013 |
| Grants payable | $0 |
| Deferred revenue | $36,720 |
| 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 | $11,105 |
| Total liabilities | $56,838 |
| Net assets without donor restrictions | $1,390,358 |
| Net assets with donor restrictions | $703,379 |
| 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 | $2,150,575 |