Chicago Architecture Foundation
- Assets
- $18.5m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 71
- Location
- Chicago, IL
- Founding
- 10/1966
- Data as of
- 12/2021
- EIN
- 36-6144362
Organization Overview
Chicago Architecture Foundation, operating under the name Chicago Architecture Center(cac), is located in Chicago, IL. The organization was established in 1966. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Chicago Architecture Center(cac) employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Architecture Center(cac) 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 Architecture Center(cac) generated $14.7m 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 (3.2%) each year. All expenses for the organization totaled $15.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE PUBLIC KNOWLEDGE AND APPRECIATION OF ARCHITECTURE. SEE SCHEDULE O.THE CHICAGO ARCHITECTURE FOUNDATION'S (CAF) MISSION IS TO INSPIRE PEOPLE TO DISCOVER WHY DESIGN MATTERS.CHICAGO ARCHITECTURE FOUNDATION IS THE LEADING ORGANIZATION DEVOTED TO CELEBRATING AND PROMOTING CHICAGO AS A CENTER OF ARCHITECTURAL INNOVATION. AS CHICAGO'S FORUM FOR THE EXCHANGE OF IDEAS ON URBAN DESIGN, CHICAGO ARCHITECTURE FOUNDATION INSPIRES PEOPLE TO PARTICIPATE IN THE BUILDING OF VIBRANT COMMUNITIES AND TO DEMAND THE HIGHEST STANDARD IN URBAN DESIGN. CAF AWAKENS YOUNG PEOPLE TO ACHIEVE THEIR POTENTIAL THROUGH THE DISCOVERY OF ARCHITECTURE, ENGINEERING AND DESIGN.
Describe the Organization's Program Activity:
TOURS ARE THE HALLMARK OF THE CHICAGO ARCHITECTURE FOUNDATION AND OFFER INSIGHTS INTO CHICAGO'S BUILDINGS, NEIGHBORHOODS, AND ENVIRONMENTS. DUE TO THE EFFECTS OF COVID-19, ATTENDANCE DECREASED FROM 411,000 VISITORS IN 2019 TO 47,122 IN 2020. IN 2021 TOUR ATTENDANCE SIGNFICANTLY INCREASED TO 216,000. CAC TOURS ARE GIVEN BY 400 TRAINED VOLUNTEER DOCENTS WHO ALSO WRITE AND CONCEPTUALIZE THE TOUR OFFERINGS FOR BOAT, BUS, WALKING AND EL. CAC OPENED A 20,000 SQUARE FOOT ARCHITECTURE CENTER AND SIMULTANEOUSLY REBRANDED AS THE CHICAGO ARCHITECTURE CENTER (CAC) IN LATE SUMMER 2018. THE CENTER OFFERS A SKYSCRAPER GALLERY, ROTATING EXHIBITS AND A LARGE-SCALE INTERACTIVE MODEL OF THE CITY OF CHICAGO.
THE CAC YOUTH INITIATIVES AND CAC TEEN PROGRAMS PROVIDE PROGRAMMING AND TOURS ABOUT ARCHITECTURE AND THE BUILT ENVIRONMENT, COVERING "STEM" CURRICULUM SUBJECTS OF SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATHEMATICS, FOR K-12 STUDENTS AND TEACHERS. CAC DIRECTLY SERVED OVER 1,200 STUDENTS, FAMILY AND TEACHERS THROUGH FIELD TRIPS, WORKSHOPS, COMPETITIONS, CAMPS, INTERNSHIPS AND CLASSROOM PROGRAMS. 2021 WAS THE 39TH YEAR OF THE NEWHOUSE ARCHITECTURE AND DESIGN COMPETITION AND TOOK ON AN HYBRID FORMAT. CORE PROGRAMS, INCLUDING GIRLS BUILD!, TEEN FELLOWS AND SUMMER CAMPS CONTINUED, AND NEW OPTIONS, SUCH AS CAC FOR THE FAMILY (VIDEO AND HANDS-ON ACTIVITY SERIES) SERVED NEW AND EXISTING AUDIENCES IN CHICAGO AND BEYOND.
CAC OFFERS EXHIBITIONS AND PUBLIC PROGRAMS ON THE SUBJECT OF ARCHITECTURE AND THE BUILT ENVIRONMENT. IN 2021, ATTENDANCE FOR THE CAC INCREASED BY 122% FROM 2020, TO 23,700 PEOPLE WHO PARTICIPATED IN OUR EXHIBITIONS. BECAUSE PUBLIC PROGRAMS WERE OFFERED IN A HYBRID VIRTUAL FORMAT, WE WERE ABLE TO ATTAIN AN AUDIENCE OF OVER 10,000 PEOPLE WHO ATTENDED TALKS ON SUBJECTS SUCH AS SUSTAINABILITY, PRESERVATION, PLANNING AND DESIGN. OPEN HOUSE CHICAGO WAS EXTENDED TO A MONTH-LONG FESTIVAL AND ATTRACTED NEW AUDIENCES TO CAC WHO EXPLORED NEIGHBORHOODS AND TRAILS THROUGHOUT THE CITY BY USING A NEW INTERACTIVE APP IN ADDITION TO PARTICIPATING IN DYNAMIC VIRTUAL COMMUNITY PROGRAMS. 2021 SAW THE RETURN OF THE CLASSIC IN-PERSON OPEN HOUSE CHICAGO WEEKEND WITH BEHIND-THE SCENES ACCESS TO OVER 100 VENUES. MORE THAN 90,000 PEOPLE PARTICIPATED.
MUSEUM SHOP, MARKETING, MEMBERSHIP AND OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Osmond President And CEO | Officer | 40 | $489,535 |
Nicole Korwach VP Of Education | Officer | 40 | $182,875 |
Michael Malak VP Of Operation | Officer | 40 | $167,373 |
Michael Wood Senior Curator | 40 | $141,694 | |
Sonia Soto Director Of It | 40 | $125,241 | |
Patricia Lara Garza Director Of Corporate And Institutional Relations | 40 | $125,117 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $960,901 |
| Fundraising events | $371,428 |
| Related organizations | $0 |
| Government grants | $1,804,636 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,803,426 |
| Noncash contributions included in lines 1a–1f | $43,829 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,940,391 |
| Total Program Service Revenue | $9,790,480 |
| Investment income | $1,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $977 |
| Net Rental Income | $11,466 |
| Net Gain/Loss on Asset Sales | $139 |
| Net Income from Fundraising Events | -$149,221 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $102,025 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,699,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,746 |
| 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. | $1,047,184 |
| Compensation of current officers, directors, key employees. | $586,338 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,387,520 |
| Pension plan accruals and contributions | $95,110 |
| Other employee benefits | $188,565 |
| Payroll taxes | $272,317 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $838,638 |
| Advertising and promotion | $315,096 |
| Office expenses | $25,264 |
| Information technology | $244,080 |
| Royalties | $10,044 |
| Occupancy | $1,045,171 |
| Travel | $32,605 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,525 |
| Interest | $30,127 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,005,885 |
| Insurance | $74,747 |
| All other expenses | $0 |
| Total functional expenses | $15,264,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,600,841 |
| Savings and temporary cash investments | $2,035,373 |
| Pledges and grants receivable | $1,369,826 |
| Accounts receivable, net | $706,806 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $84,384 |
| Prepaid expenses and deferred charges | $312,927 |
| Net Land, buildings, and equipment | $9,524,522 |
| Investments—publicly traded securities | $104,821 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,716,823 |
| Total assets | $18,456,323 |
| Accounts payable and accrued expenses | $463,901 |
| Grants payable | $0 |
| Deferred revenue | $84,019 |
| 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 | $2,096,418 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,068,103 |
| Total liabilities | $6,712,441 |
| Net assets without donor restrictions | $10,070,490 |
| Net assets with donor restrictions | $1,673,392 |
| 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 | $18,456,323 |
Grants Recieved
Over the last fiscal year, we have identified 28 grants that Chicago Architecture Foundation has recieved totaling $596,752.
| Awarding Organization | Amount |
|---|---|
The Elizabeth Morse Charitable Trust 2620341200 Chicago, IL PURPOSE: TO FUND CITY OF | $140,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $85,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN RENEWED SUPPORT OF GENERAL OPERATIONS. | $85,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN RENEWED SUPPORT OF GENERAL OPERATIONS. | $85,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $65,600 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $25,000 |
Endowment Analysis
| Beg. Balance | $615,895 |
| Earnings | $4,281 |
| Net Contributions | $21,531 |
| Ending Balance | $641,707 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Architecture Foundation Chicago, IL | $18,456,323 | $14,699,492 |
Fenestration And Glazing Industry Alliance Schaumburg, IL | $6,384,205 | $4,966,632 |
Fibre Box Association Itasca, IL | $1,560,987 | $3,611,412 |
Hyde Park Art Center Chicago, IL | $13,112,741 | $7,741,893 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Arts Club Of Chicago Chicago, IL | $22,777,301 | $152,339 |
Graham Foundation For Advanced Studies In The Fine Arts Chicago, IL | $0 | $687,158 |
Midwest Old Settlers And Threshers Assn Inc Mt Pleasant, IA | $5,724,252 | $3,761,020 |
Laumeier Sculpture Park St Louis, MO | $5,586,221 | $2,296,143 |
Craft Alliance St Louis, MO | $3,775,459 | $2,483,894 |
Lillian Florsheim Foundation for Fine Arts Chicago, IL | $0 | $525,901 |
Intuit The Center For Intuitive And Outside Art Chicago, IL | $2,150,549 | $1,698,097 |