2024-11-14T09:27:18-06:00 2023-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-01-01 366144362 CHICAGO ARCHITECTURE FOUNDATION CHIC 3129223432 111 EAST WACKER DRIVE 1321 CHICAGO IL 60601 SIMONE EDWARDS CHIEF FINANCIAL OFFICER 3129223432 2024-11-13 1 1 LU ANN TRAPP P01506476 3122071040 2024-11-13 2023 2024-10-15 13:58:12Z CHICAGO ARCHITECTURE CENTER(CAC) SIMONE EDWARDS 111 EAST WACKER DRIVE 1321 CHICAGO IL 60601 17567981 0 X WWW.ARCHITECTURE.ORG X 1966 IL ADVANCE PUBLIC KNOWLEDGE AND APPRECIATION OF ARCHITECTURE. SEE SCHEDULE O.THE CHICAGO ARCHITECTURE FOUNDATION'S (DBA CHICAGO ARCHITECTURE CENTER "CAC") 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. CAC AWAKENS YOUNG PEOPLE TO ACHIEVE THEIR POTENTIAL THROUGH THE DISCOVERY OF ARCHITECTURE, ENGINEERING AND DESIGN. 38 38 98 404 1528 0 4240436 2925871 16652779 13080304 33279 92913 178519 173800 21105013 16272888 28045 23177 0 0 5104067 5973649 0 0 1905299 16619321 13043416 21751433 19040242 -646420 -2767354 30023711 26415795 18946409 18090668 11077302 8325127 X THE CHICAGO ARCHITECTURE FOUNDATION'S (DBA CHICAGO ARCHITECTURE CENTER "CAC") 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. CAC AWAKENS YOUNG PEOPLE TO ACHIEVE THEIR POTENTIAL THROUGH THE DISCOVERY OF ARCHITECTURE, ENGINEERING AND DESIGN. 0 0 8869922 12992512 TOURS ARE THE HALLMARK OF THE CHICAGO ARCHITECTURE CENTER AND OFFER INSIGHTS INTO CHICAGO'S BUILDINGS, NEIGHBORHOODS, AND ENVIRONMENTS. IN 2023 TOUR ATTENDANCE WAS APROXIMATLY 23,000 FOR WALKING TOURS AND OVER 311,000 FOR BOAT TOURS. CAC TOURS ARE GIVEN BY 404 TRAINED VOLUNTEER DOCENTS WHO ALSO WRITE AND CONCEPTUALIZE THE TOUR OFFERINGS FOR BOAT, BUS, WALKING AND EL. 1563216 72506 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 THROUGH FIELD TRIPS, WORKSHOPS, COMPETITIONS, CAMPS, INTERNSHIPS AND CLASSROOM PROGRAMS. K-12 LEARNING TEAM AVERAGED 6 PROGRAMS AND 567 PARTICIPANTS PER MONTH IN THOSE PROGRAMS, A 27% INCREASE FROM 2022. K-12 LEARNING TEAM AVERAGED 6 PROGRAMS AND 567 PARTICIPANTS PER MONTH IN THOSE PROGRAMS, A 27% INCREASE FROM 2022. OUR CORE PROGRAM INCLUDE GIRLS BUILD!, AND TEEN FELLOWS. IN 2023, WE WELCOMED THE LARGEST CLASS OF TEEN FELLOWS IN THE PROGRAM'S HISTORY AND THERE WAS A 30% INCREASE IN GIRLS BUILD! STUDENTS AGREEING ON THE IMPORTANCE OF WOMEN IN STEM CAREERS (UP TO 90% FROM 60% PRE-ASSESSMENT) 1373234 262830 CAC OFFERS EXHIBITIONS AND PUBLIC PROGRAMS ON THE SUBJECT OF ARCHITECTURE AND THE BUILT ENVIRONMENT. IN 2023, OVER 37,000 PEOPLE PARTICIPATED IN OUR EXHIBITIONS. THE CENTER OFFERS A SKYSCRAPER GALLERY, ROTATING EXHIBITS AND ALARGE-SCALE INTERACTIVE MODEL OF THE CITY OF CHICAGO. 940829 23177 93018 MUSEUM SHOP, MARKETING, MEMBERSHIP AND OTHER PROGRAM SERVICES 940829 23177 93018 12747201 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 86 0 1 98 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 38 38 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X SIMONE EDWARDS 3129222118 111 EAST WACKER DRIVE SUITE 1321 CHICAGO IL 60601 ANDREASON BROWN TREASURER 1.00 0.00 X X 0 0 0 JENNY NIEMANN SECRETARY 1.00 0.00 X X 0 0 0 ANN THOMPSON BOARD CHAIR 1.00 0.00 X X 0 0 0 JOHN W RUTLEDGE PAST CHAIR 1.00 0.00 X X 0 0 0 KELLY POWERS BARIA BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 ANDRE BRUMFIELD BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 JOSEPH G BURNS BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 STEPHEN CRUISE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 LYNDA DOSSEY EX-OFFICIO- AIA REPRESENTATIVE 1.00 0.00 X 0 0 0 ANN DRAKE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 GRAHAM GRADY BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 MELISSA HARMENING BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 SANDRA HELTON BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 KAPIL KHANNA BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 HENRY H KUEHN LIFE TRUSTEES 1.00 0.00 X 0 0 0 URSULA MONCAU BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 JUAN GABRIEL MORENO BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 DAVID NELSON BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 MICHAEL NEWMAN BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 CATHERINE ODELBO BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 LYNN OSMOND PRESIDENT EMERITI 1.00 0.00 X 0 0 0 JAMES D PARSONS BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 LISA PICKELL BOARD OF TRUSTEES - BEG 3/2023 1.00 0.00 X 0 0 0 JOHN PINTOZZI LIFE TRUSTEES 1.00 0.00 X 0 0 0 BRANDI PITTS BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 CONSTANCE RAJALA EX-OFFICIO MEMBERS- DOCENT AT LARGE 1.00 0.00 X 0 0 0 ROBERT S RIVKIN BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 ADAM SEMEL BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 CLIFFORD SHAPIRO BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 KATIE SPRING BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 DAMONA STRAUTMANIS BOARD OF TRUSTEES - BEG 3/2023 1.00 0.00 X 0 0 0 ROBIN LOEWENBERG TEBBE BOARD OF TRUSTEES - THRU 9/2023 1.00 0.00 X 0 0 0 DANIELLE TILLMAN BOARD OF TRUSTEES - BEG 3/2023 1.00 0.00 X 0 0 0 EDNA URIBE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 KATE VAN ZEYL BOARD OF TRUSTEES - BEG 3/2023 1.00 0.00 X 0 0 0 BILL WILLIAMS BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 ROSS WIRTH EX-OFFICIO MEMBERS- DOCENT COUNCIL PRESIDENT 1.00 0.00 X 0 0 0 THEODORE YI BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 WEIFANG ZHOU BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 ELEANOR GORSKI CEO & PRESIDENT 40.00 0.00 X 353453 0 32880 MONICA WILCZAK CHIEF ADVANCEMENT OFFICIER - BEG 5/2023 40.00 0.00 X 99444 0 8950 PHILLIP NADASDY CHIEF ADMIN OFFICER - BEG 6/2023 40.00 0.00 X 89091 0 8019 SIMONE EDWARDS CFO - BEG 9/2023 40.00 0.00 X 65909 0 5931 JUANNA BLACKWELL COO - THRU 1/2023 40.00 0.00 X 34500 0 3105 MICHAEL WOOD SENIOR CURATOR 40.00 0.00 X 145555 0 9461 JOEL HOLT VP OF IT 40.00 0.00 X 136321 0 8861 EVE FINEMAN DIRECTOR OF EXHIBITIONS 40.00 0.00 X 112338 0 10111 LAUREN BAKOS CHIEF MARKETING OFFICER 40.00 0.00 X 106818 0 9614 PATRICIA LARA GARZA DIRECTOR OF CORP GIVING 40.00 0.00 X 102456 0 9221 1245885 0 106153 6 0 1 0 0 845469 296524 395352 1388526 60431 2925871 TOUR SALES 900099 12746846 12746846 ADMISSIONS 900099 262830 262830 PROGRAM FEES 900099 70628 70628 13080304 92913 92913 1878 1878 763431 763431 0 61050 296524 242681 -181631 -181631 631071 288981 342090 340562 1528 OPERATING- MISCELLANEOUS REVENUE 900099 11463 11463 11463 16272888 13420866 1528 -75377 23177 23177 1174055 158147 758711 257197 3864690 2112019 801794 950877 143214 143214 451458 243757 95017 112684 340232 183702 71608 84922 61227 61227 59451 59451 1171188 498244 506701 166243 631737 631737 114477 58633 9829 46015 609891 32551 463843 113497 1134296 720629 249928 163739 121004 93249 21971 5784 38359 28122 5896 4341 134813 134813 969128 115118 854010 149729 149729 PROGRAM TRANSPORTATION 7397946 7397946 EXHIBITION PROGRAM EXPE 366399 366399 RETAIL PROGRAM 83771 83771 19040242 12747201 4387742 1905299 2476837 1383638 2066969 1396569 1967647 1594578 28225 65400 215794 256972 262870 153096 13834811 5902856 8710936 7931955 86322 103322 14208111 13530265 30023711 26415795 536872 724243 57999 6695 1918702 1731292 16432836 15628438 18946409 18090668 X 9765774 7688112 1311528 637015 11077302 8325127 30023711 26415795 -2767354 15179 0 X 0 1 X 1 0 X 3691910 3884026 4940391 4240436 2925871 19682634 3691910 3884026 4940391 4240436 2925871 19682634 90669 19591965 201351 45843 14116 106177 94791 462278 264695 36695 1562 7216 11463 321631 20466543 58440291 0.95730 0.92890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1716823 X X 0 884504 2500 63744 950748 641707 238888 3909 884504 615895 21531 4281 641707 535330 73676 6889 615895 495187 32500 7643 535330 0.87260 0.11110 0.01630 0 0 12485592 4928798 7556794 883101 533052 350049 466118 441006 25112 7931955 COLLECTION ITEMS (CHICAGO MODEL CITY) 1716823 RIGHT OF USE OPERATING LEASE ASSETS 11813442 13530265 LEASE LIABILITIES - OPERATING 15628438 15628438 X 16520154 15179 20000 347778 382957 16137197 135691 135691 16272888 19303158 20000 401784 421784 18881374 158868 158868 19040242 PART III, LINE 4: CAC CREATED A LARGE SCALE DETAILED ACCURATE MODEL OF THE CITY OF CHICAGO IN ORDER TO EDUCATE THE PUBLIC ON CHICAGO ARCHITECTURE, PLANNING AND BUILT ENVIRONMENT. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF TWO INDIVIDUAL FUNDS ESTABLISHED TO FURTHER THE MISSION OF THE ORGANIZATION. PART X, LINE 2: THE CAC'S APPLICATION OF GAAP REGARDING UNCERTAIN TAX POSITIONS HAD NO EFFECT ON ITS FINANCIAL POSITION, AS MANAGEMENT BELIEVES THE CAC HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL RISK OF LOSS OF ITS NOT-FOR-PROFIT TAX STATUS. THE CAC WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED BY ASSOCIATION OF ARCHITECTURE ORGANIZATIONS 58,797. COST OF GOODS SOLD 288,981. PART XI, LINE 4B - OTHER ADJUSTMENTS: PLEDGES RECEIVABLE WRITTEN OFF 135,691. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED BY ASSOCIATION OF ARCHITECTURE ORGANIZATIONS 112,803. COST OF GOODS SOLD 288,981. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION TO ASSOCIATION OF ARCHITECTURE ORGANIZATIONS 23,177. PLEDGES RECEIVABLE WRITTEN OFF 135,691. ANNUAL GALA 357574 296524 61050 242681 357574 296524 61050 242681 242681 -181631 1 THE ASSOCIATION OF ARCHITECTURE ORGANIZATIONS (AAO) 111 EAST WACKER DRIVE NO 1321 CHICAGO IL 60601 452174550 501(C)(3) 0 23177 COST OFFICE SPACE, TELEPHONE, COMPUTER, AND ADMIN SUPPORT GENERAL SUPPORT 1 0 PART I, LINE 2: CAC PROVIDES GENERAL NON-CASH SUPPORT AND SERVICES TO AN AFFILIATED ORGANIZATION WITH A SIMILAR MISSION. SINCE ALL SUPPORT IS NON-CASH SUPPORT CONTROLLED BY CAC, THE ORGANIZATION IS NOT REQUIRED TO SUBSTANTIATE THEIR USE OF THIS SUPPORT. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 ELEANOR GORSKI CEO & PRESIDENT 328453 0 25000 0 0 0 14138 0 18742 0 386333 0 0 0 MICHAEL WOOD SENIOR CURATOR 145555 0 0 0 0 0 5822 0 3639 0 155016 0 0 0 PART I, LINE 1A THE CHICAGO ARCHITECTURE FOUNDATION PAYS FOR THE CEO'S MONTHLY DUES TO THE UNIVERSITY CLUB, WHICH IS A MEMBERSHIP ORGANIZATION THAT IS USED FOR BUSINESS MEETINGS, LUNCHES FOR PROSPECTIVE DONORS, AND EVENTS ON THE BEHALF OF CAC. PART I, LINE 7 THE CEO RECEIVED A DISCRETIONARY BONUS THAT WAS APPROVED BY THE COMPENSATION COMMITTEE. X 4 13431 STOCK PRICE X TALL TIMBER EXHIBIT 3 47000 COST 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE DOCENT COUNCIL, A LARGE VOLUNTEER BODY OF THE ORGANIZATION, ELECTS TWO DOCENTS TO BE VOTING TRUSTEES EX-OFFICIO. THE AUXILIARY BOARD ELECTS THEIR PRESIDENT WHO ALSO SERVES AS A VOTING TRUSTEE EX-OFFICIO. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINED THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWED THE COMPLETED FORM 990 AND PROVIDED A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY WAS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO ORGANIZATION MANAGEMENT OR THE CONTACT AT THE INDEPENDENT CPA FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A PRECURSOR TO THEIR SERVICE TO THE ORGANIZATION. POTENTIAL CONFLICTS ARE LOGGED AND MONITORED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS ON AN ANNUAL BASIS THE COMPENSATION OF THE CEO. PERIODICALLY, AN INDEPENDENT COMPENSATION CONSULTANT IS HIRED TO EVALUATE THE COMPENSATION OF TOP MANAGEMENT. THE CEO HAS AN EMPLOYMENT AGREEMENT WHICH IS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN WHICH COMPENSATION IS EVALUATED ANNUALLY BASED ON PERFORMANCE AND SPECIFIC GOALS OUTLINED IN THE PRIOR FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENT AGENCIES AND UPON REQUEST; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.