Du Page Graue Mill Corporation
- Assets
- $887.1k
- Revenue
- $127.6k
- Investments
- $53.6k
- Employees
- 17
- Location
- Oak Brook, IL
- Founding
- 01/1952
- Data as of
- 12/2019
- EIN
- 36-6050730
Organization Overview
Du Page Graue Mill Corporation is located in Oak Brook, IL. The organization was established in 1952. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2019, Du Page Graue Mill Corporation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Du Page Graue Mill Corporation 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 12/2019, Du Page Graue Mill Corporation generated $127.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $136.5k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION, COMMONLY KNOWN AS GRAUE MILL & MUSEUM, OPERATES A RESTORED 19TH CENTURY GRISTMILL ON PROPERTY LEASED AT NOMINAL COST FROM THE FOREST PRESERVE DIST. OF DU PAGE COUNTY, A UNIT OF LOCAL GOVERNMENT, FOR THE EDUCATIONAL, CULTURAL, AND SCIENTIFIC BENEFIT OF THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRISTMILL OPERATION: THE ORGANIZATION OPERATES A RESTORED 19TH CENTURY WATER-POWERED GRISTMILL WHICH ALSO HOUSES RELATED ARTIFACTS AND DISPLAYS DEPICTING THE PERIOD 1850-1890, AND PROVIDES PROGRAMS FOR ELEMENTARY SCHOOL GROUPS AND OTHER VISITORS THAT INCLUDE MILLING, SPINNING AND WEAVING, AND LIVING HISTORY INTERPRETATIONS WHICH ILLUSTRATE THE WAY OF LIFE OF AREA RESIDENTS DURING THIS PERIOD OF OUR HISTORY AND THE IMPACT THAT GRISTMILLS HAD ON OUR CULTURAL HERITAGE. THERE WERE 5,742 MILL VISITORS, INCLUDING 1,654 CHILDREN ATTENDING IN CLASSROOM GROUPS FROM CHICAGO-LAND AREA ELEMENTARY SCHOOLS, WHO TOURED THE MILL FACILITY DURING 2019. VISITOR COUNTS DO NOT INCLUDING ATTENDEES AT SPECIAL EVENTS HOSTED BY THE MILL THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley C Strahan Director | Trustee | 10 | $3,424 |
Bonnie Sartore President | OfficerTrustee | 10 | $0 |
Thomas Doyle Vice President | OfficerTrustee | 2 | $0 |
Karen Bushy Secretary | OfficerTrustee | 2 | $0 |
Garry Bartecki Treasurer | OfficerTrustee | 2 | $0 |
Karin Janowski Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,090 |
| Fundraising events | $6,550 |
| Related organizations | $0 |
| Government grants | $3,581 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,066 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,287 |
| Total Program Service Revenue | $19,160 |
| Investment income | $15,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $31,598 |
| Net Income from Fundraising Events | $2,255 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,865 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $127,633 |
| 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. | $3,424 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,773 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,324 |
| Fees for services: Other | $7,351 |
| Advertising and promotion | $769 |
| Office expenses | $1,638 |
| Information technology | $1,408 |
| Royalties | $0 |
| Occupancy | $9,195 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50 |
| Interest | $2,541 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,817 |
| Insurance | $7,058 |
| All other expenses | $3,223 |
| Total functional expenses | $136,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,783 |
| Savings and temporary cash investments | $9,080 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,581 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,650 |
| Prepaid expenses and deferred charges | $665 |
| Net Land, buildings, and equipment | $41,624 |
| Investments—publicly traded securities | $463,113 |
| Investments—other securities | $53,575 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200,000 |
| Total assets | $887,071 |
| Accounts payable and accrued expenses | $6,131 |
| 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 | $6,131 |
| Net assets without donor restrictions | $256,971 |
| Net assets with donor restrictions | $623,969 |
| 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 | $887,071 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Du Page Graue Mill Corporation has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: ARTS AND CULTURE | $7,000 |
Endowment Analysis
| Beg. Balance | $644,630 |
| Earnings | $47,495 |
| Admin Expense | $10,234 |
| Net Contributions | $15,350 |
| Other Expense | $80,000 |
| Ending Balance | $617,241 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Navy Pier Inc Chicago, IL | $199,546,550 | $62,194,092 |
The Barack Obama Foundation Chicago, IL | $693,835,698 | $159,957,411 |
Liberty Memorial Association Kansas City, MO | $35,751,544 | $14,461,883 |
Indiana Historical Society Indianapolis, IN | $152,627,726 | $15,739,974 |
Steel Founders Society Of America Crystal Lake, IL | $6,567,517 | $7,560,615 |
Historic Landmarks Foundation Of Indiana Inc Indianapolis, IN | $92,679,775 | $11,879,556 |
Colonel Il James N Pritzker Library For The Citizen Soldier Chicago, IL | $30,735,848 | $6,408,136 |
Hoyt Sherman Place Foundation Des Moines, IA | $25,209,028 | $4,318,549 |
American Opinion Foundation Inc Appleton, WI | $4,682,811 | $5,136,878 |
Frank Lloyd Wright Trust Chicago, IL | $6,763,209 | $2,823,161 |
Chicago Police Memorial Foundation Chicago, IL | $19,000,783 | $6,539,777 |
National Society Of The Sons Of The American Revolution Louisville, KY | $16,631,721 | $2,986,592 |