2024-11-07T16:23:07-07:00 2023-12-31 990EZ 2023-01-01 363784666 CHICAGO BLUES MUSEUM CHIC 7737235031 8216 S Morgan Street Chicago IL 60620 Gregg Parker President 7737235031 2024-11-06 1 2023 2024-10-15 13:58:12Z X X X 25613 X 10000 5250 0 1413 0 0 0 0 0 0 0 0 0 0 8950 25613 0 0 0 0 10049 1011 19778 30838 -5225 321983 3750 320508 X 214937 209712 0 0 166346 170096 381283 379808 59300 59300 321983 320508 Form 990-EZ, Part III, Primary Exempt Purpose: To promote Preservation, Awareness and Appreciation of Historic Origins and Cultures of Chicago Black Music Genres, in particular Blues Music, as significant indigenous American Art Forms, in local Communities and to worldwide Audiences. Promote Preservation, Awareness and Appreciation of Historic Origins and Cultures of Chicago's Black Music Genres through Educational Traveling/Permanent Exhibits, regularly accompanied by Film Presentations and/or Live Performance Programs, based on Traditions of these Genres (Patrons served exceeds 10,000). 0 20093 20093 Gregg Parker President 5.00 0 0 0 James E Griffith Secretary 1.00 0 0 0 Ruby Andrews Treasurer 1.00 0 0 0 Franklin Vanderbilt Director 1.00 0 0 0 David Cook Director 1.00 0 0 0 Michael D Julius Director 1 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IL Gregg Parker 1074 W Taylor Street 357 Chicago IL 60607 7737235031 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 0 7250 160000 5000 10000 182250 25975 15085 15436 6100 5250 67846 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25975 22335 175436 11100 15250 250096 0 0 0 0 0 0 10000 5000 8441 11100 15250 49791 10000 5000 8441 11100 15250 49791 200305 2 2 3 4 1413 1424 0 0 0 0 0 0 2 2 3 4 1413 1424 0 0 0 0 0 0 1800 0 0 0 8950 10750 27777 22337 175439 11104 25613 262270 0.76374 0.85777 0.00543 0.00005 X Schedule A, Part III, Line 12 Explanation for Other Income: Column (a) Licensing Fees, Amount: $1,800; Column (e) Licensing Fees, Amount: $8,950 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 8 Licensing Fees Total to Form 990-EZ, Part I, Line 8, Other Revenue: $8,950 Form 990-EZ, Part I, Line 16 Description of Other Expenses: 1. Exhibitions and Programming $9,725; 2. Collections and Preservation, Artifact Supplies/Research $4,452; 3. Supplies (Program Services and Management/General) $5,226; 4. Legal Fees and Filings $375. Total to Form 990-EZ, Part I, Line 16, Other Expenses: $19,778 Form 990-EZ, Part I, Line 20 1. Inventories: Artifacts and Collections: Beg. of Year: $123,500/ End of Year: $123,500 2. Inventories: Exhibits and Displays: Beg. of Year: $32,350 / End of Year: $37,100 3. Merchandise Inventory: Beg. of Year: $1,500 / End of Year: $1,500. 4. Other Depreciable Assets: Beg. of Year: $8,996 / End of Year: $7,996. Total to Form 990-EZ, Part I, Line 20, Other Changes in Assets: +$3,750 Form 990-EZ, Part II, Line 24 1. Inventories: Artifacts and Collections: End of Year: $123,500 2. Inventories: Exhibits and Displays: End of Year: $37,100. 3. Merchandise Inventory: End of Year: $1,500. 4. Other Depreciable Assets: End of Year: $7,996. Total to Form 990-EZ, Part II, Line 24, Other Assets: $170,096 Form 990-EZ, Part II, Line 26 SBA EIDL Loan Beg.of Year: $59,300 / End of Year: $59,300 Total to Form 990-EZ, Part II, Line 26, Liabilities: $59,300 Form 990-EZ, Part V, Line 40b Information regarding Personal Benefit Contracts: The Organization did not, during the Year, receive any Funds, directly or indirectly, to pay Premiums on a Personal Benefit Contract. The Organization did not, during the Year, pay any Premiums, directly or indirectly, on a Personal Benefit Contract. The Chicago Blues Museum filed an Application for Automatic Extension of Time to File an Exempt Organization Return for 2023 in time, and received the Approval Notice, dated August 19, 2024, from the IRS stating, that the Form 8868 for the museum's December 31, 2023, Form 990, Return of Organization Exempt from Income Tax was approved and that the new due date was/is November 15, 2024.